Asset Turnover (Annual)

Asset Turnover: The amount of sales or revenues generated per dollar of assets. The Asset Turnover ratio is an indicator of the efficiency with which a company is deploying its assets. Calculated as: Total Revenues / Total Assets

Assurant, Inc. (AIZ) had Asset Turnover of 0.33 for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$11.13B
Net Income	$642.50M
Cost of Goods Sold	$2.52B
Gross Profit	$8.61B
Operating Expenses	$10.32B
Operating Income	$806.80M
Non-Operating Income/Expense	--
Pre-Tax Income	$806.80M
Normalized Pre-Tax Income	$806.80M
Income after Taxes	$642.50M
Income from Continuous Operations	$642.50M
Consolidated Net Income/Loss	$642.50M
Normalized Income after Taxes	$642.50M
EBIT	$914.80M
EBITDA	$1.11B
Weighted-Average Shares Outstanding (Basic)	53.46M
Weighted-Average Shares Outstanding (Diluted)	53.78M
Earnings per Share (EPS) (Basic)	$12.02
Earnings per Share (EPS) (Diluted)	$11.95
Balance Sheet Financials
Current Assets	$10.54B
Property, Plant, and Equipment	$685.80M
Long-Term Assets	$23.09B
Total Assets	$33.64B
Current Liabilities	$26.35B
Long-Term Debt	$2.08B
Long-Term Liabilities	$2.47B
Total Liabilities	$28.83B
Common Equity	$4.81B
Tangible Shareholders Equity	$1.55B
Shareholders Equity	$4.81B
Common Shares Outstanding	51.96M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$1.14B
Cash Flow from Investing Activities	$-637.70M
Cash Flow from Financial Activities	$-403.90M
Beginning Cash	$1.54B
End Cash	$1.63B
Increase/Decrease in Cash	$90.70M
Stock-Based Compensation	$75.10M
Common Stock Dividends Paid	$-152.30M
Preferred Stock Dividends Paid	$0.00M
Fundamental Metrics & Ratios
Current Ratio	--
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.30
Debt to Equity Ratio	0.43
Gross Margin	--
Operating Margin	7.25%
EBIT Margin	8.22%
EBITDA Margin	9.98%
Pre-Tax Profit Margin	7.25%
Profit Margin	5.77%
Free Cash Flow	$935.60M
Loss Ratio	0.27
Expense Ratio	0.83
Combined Ratio	1.10
Asset Turnover	0.33
Inventory Turnover	--
Receiveable Turnover	--
Days Sales in Receivables	--
Return on Equity	13.36%
Return on Tangible Equity	41.46%
Return on Assets	1.91%
Return on Investments	9.32%
Book Value Per Share	$92.57
Free Cash Flow per Share	$17.40
Operating Cash Flow per Share	$21.16

Data from Zacks Investment Research, Inc.