ACIC

MKT CAP:$581M

American Coastal Insurance Corporation

Market Cap

$581M

Financial Services·Insurance - Property & Casualty·🇺🇸 United States·NASDAQ

Financials·Insurance·🇺🇸·NASDAQ

Stock Price

$11.89+$0.51 (+4.53%)

Apr 21, 2026

Company Details

American Coastal Insurance Corporation operates as a property and casualty insurance holding company that sources, writes, and services residential personal and commercial property, and casualty insurance policies in the United States. The ...

CEO

Bennett Bradford Martz

IPO Date

Nov 7, 2007

Website

www.amcoastal.com

Key Metrics TTM

Revenue

$324M

+23.8% YoY

Net Income

$87M

EPS (Diluted)

$1.75

Free Cash Flow

-$17M

Revenue / Share

$6.48

Gross Margin

50.5%

Operating Margin

35.2%

Net Margin

26.9%

FCF Margin

-5.2%

P/S

1.8x

P/E

6.7x

Earnings Reports

Q4 2025

May 14, 2026

PENDING

Q3 2025

Nov 6, 2025

$90M+9.9%EPS $0.65

Q1 2025

May 12, 2025

$72M+8.4%EPS $0.43

FY 2024

Feb 27, 2025

$297M+12.5%EPS $1.53

Q4 2024

Feb 27, 2025

$79MEPS $0.10

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 18	$188M	$13M	-$16M
Q3 19	$208M	-$2M	-$36M
Q3 20	$213M	-$65M	-$101M
Q2 21	$155M	-$4M	-$33M
Q1 22	$58M	$12M	-$988.0K
Q2 22	$64M	$26M	$12M
Q3 22	$73M	-$6M	-$28M
Q4 22	$113M	-$288M	-$296M
Q2 23	$74M	$34M	$22M
Q3 23	$53M	$29M	$18M
Q1 24	$67M	$43M	$31M
Q2 24	$69M	$39M	$25M
Q3 24	$82M	$49M	$37M
Q4 24	$79M	$23M	$9M
Q1 25	$72M	$37M	$26M
Q3 25	$90M	$54M	$42M

Valuation

Quarter	P/S	P/E
Q3 18	1.3x	24.1x
Q3 19	0.8x	—
Q3 20	0.4x	—
Q2 21	0.3x	—
Q1 22	0.2x	—
Q2 22	0.1x	—
Q3 22	0.1x	—
Q4 22	0.1x	—
Q2 23	0.6x	—
Q3 23	1.0x	—
Q1 24	1.6x	—
Q2 24	2.0x	7.3x
Q3 24	2.0x	6.6x
Q4 24	2.1x	8.4x
Q1 25	1.8x	7.5x
Q3 25	1.7x	6.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 18	$34M	$33M
Q3 19	$61M	$51M
Q3 20	$25M	$23M
Q2 21	$38M	$37M
Q1 22	-$21M	-$22M
Q2 22	$29M	$28M
Q3 22	-$106M	-$107M
Q4 22	-$75M	-$75M
Q2 23	-$129M	-$129M
Q3 23	$48M	$48M
Q1 24	$124M	$124M
Q2 24	$126M	$126M
Q3 24	-$9M	-$9M
Q4 24	$2M	$2M
Q1 25	$26M	$26M
Q3 25	-$36M	-$36M

Capital Expenditures

Quarter	CapEx
Q3 18	$661.0K
Q3 19	$10M
Q3 20	$2M
Q2 21	$2M
Q1 22	$1M
Q2 22	$954.0K
Q3 22	$566.0K
Q4 22	$121.0K
Q2 23	$119.0K
Q3 23	$77.0K
Q1 24	$0
Q2 24	$0
Q3 24	$11.0K
Q4 24	$11.0K
Q1 25	$96.0K
Q3 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 18	+9.7%	-6.0%
Q3 19	+13.7%	+57.4%
Q3 20	+18.1%	+86.0%
Q2 21	-15.1%	+14.9%
Q1 22	-68.9%	-70.8%
Q2 22	-69.2%	-78.8%
Q3 22	-65.8%	-68.0%
Q4 22	-27.0%	+117.8%
Q2 23	+25.9%	-13.9%
Q3 23	-17.8%	-33.4%
Q1 24	-8.6%	-64.9%
Q2 24	-39.5%	-89.3%
Q3 24	+11.7%	-10.8%
Q4 24	+50.5%	+103.5%
Q1 25	+8.4%	+30.6%
Q3 25	+31.4%	+9.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 18	$627.0K	0.3%
Q3 19	$714.0K	0.3%
Q3 20	$207.0K	0.1%
Q2 21	$142.0K	0.1%
Q1 22	$452.0K	0.8%
Q2 22	$182.0K	0.3%
Q3 22	$290.0K	0.4%
Q4 22	$464.0K	0.4%
Q2 23	$170.0K	0.2%
Q3 23	$410.0K	0.8%
Q1 24	$428.0K	0.6%
Q2 24	$780.0K	1.1%
Q3 24	$695.0K	0.8%
Q4 24	$642.0K	0.8%
Q1 25	$733.0K	1.0%
Q3 25	$1M	1.2%

OpEx Breakdown

Quarter	G&A
Q3 18	$15M
Q3 19	$19M
Q3 20	$19M
Q2 21	$13M
Q1 22	$8M
Q2 22	$8M
Q3 22	$16M
Q4 22	$6M
Q2 23	$6M
Q3 23	$6M
Q1 24	$7M
Q2 24	$9M
Q3 24	$8M
Q4 24	$10M
Q1 25	$6M
Q3 25	$8M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$258M	$562M	$820M
Q2 22	$284M	$527M	$811M
Q3 22	$181M	$492M	$673M
Q4 22	$230M	$376M	$606M
Q1 23	$93M	$211M	$303M
Q2 23	$28M	$73M	$101M
Q3 23	$111M	$70M	$181M
Q4 23	$139M	$138M	$277M
Q1 24	$285M	$73M	$359M
Q2 24	$229M	$91M	$320M
Q3 24	$183M	$146M	$329M
Q4 24	$137M	$148M	$285M
Q1 25	$167M	$166M	$333M
Q2 25	$315M	$121M	$437M
Q3 25	$268M	$115M	$383M
Q4 25	$1.0B	$943M	$2.0B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 18	43M	+0.1%	+0.2%
Q3 19	43M	-0.1%	+0.1%
Q3 20	43M	+0.2%	+0.3%
Q2 21	43M	+0.1%	+0.4%
Q1 22	43M	+0.1%	+0.3%
Q2 22	43M	+0.2%	+0.6%
Q3 22	43M	+0.1%	+0.4%
Q4 22	43M	+0.1%	+0.4%
Q2 23	44M	+1.6%	+1.9%
Q3 23	44M	+0.8%	+2.5%
Q1 24	49M	+10.9%	+13.7%
Q2 24	49M	+0.9%	+14.6%
Q3 24	50M	+0.2%	+13.0%
Q4 24	49M	-0.2%	+12.0%
Q1 25	50M	+0.2%	+1.2%
Q3 25	50M	+0.7%	+1.1%

Shares Outstanding