Argo Group International Holdings Ltd

Chart & Performance

D1W1MN

Profile

Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty markets. The company operates in two segments, U.S. Operations and International Operations. It offers primary and excess specialty casualty, general liability, commercial multi-peril, and workers compensation, as well as product, environmental, and auto liability insurance products; management liability, transaction liability, and errors and omissions liability insurance; primary and excess property, inland marine, and auto physical damage insurance; and surety, animal mortality, and ocean marine insurance products. The company also provides directors and officers liability, errors and omissions liability, and employment practices liability insurance; international casualty and motor treaties insurance; professional indemnity and medical malpractice insurance; direct and facultative excess insurance, North American and international binders, and residential collateral protection for lending institutions; and personal accident, aviation, cargo, yachts, and onshore and offshore marine insurance products. It markets its products through wholesale and retail agents, managing general agents, brokers, and third-party intermediaries. The company was founded in 1948 and is headquartered in Pembroke, Bermuda.

URL

https://www.argolimited.com/

IPO date

Mar 25, 1987

Employees

1,206

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	1,754,900 34,998.00%	5,000 -99.77%	2,129,300 13.25%
Cost of revenue		342,400	384,500
Unusual Expense (Income)
NOPBT	1,754,900	(337,400)	1,744,800
NOPBT Margin	100.00%		81.94%
Operating Taxes	1,600	(8,000)	100
Tax Rate	0.09%		0.01%
NOPAT	1,753,300	(329,400)	1,744,700
Net income	(185,700) 5.99%	(175,200) -2,714.93%	6,700 -109.32%
Dividends	(10,500)	(53,900)	(54,200)
Dividend yield
Proceeds from repurchase of equity	700	1,800	1,300
BB yield
Debt
Debt current		31,600	21,800
Long-term debt	51,400	465,500	553,200
Deferred revenue		(75,500)	374,200
Other long-term liabilities	1,118,300	(240,400)	(455,500)
Net debt	(4,221,400)	(2,986,700)	(4,755,400)
Cash flow
Cash from operating activities	11,300	53,200	99,700
CAPEX	(2,700)	(6,100)	18,000
Cash from investing activities	(297,900)	(26,600)	(55,900)
Cash from financing activities	(52,100)	(52,100)	(52,900)
FCF	3,262,200	2,681,900	1,591,600
Balance
Cash	1,221,100	50,200	146,100
Long term investments	3,051,700	3,433,600	5,184,300
Excess cash	4,185,055	3,483,550	5,223,935
Stockholders' equity	1,246,400	1,832,000	901,700
Invested Capital	4,404,900	7,999,800	8,630,800
ROIC	28.27%		20.48%
ROCE	31.05%		18.15%
EV
Common stock shares outstanding	35,167	34,981	34,816
Price
Market cap
EV
EBITDA	1,774,600	(318,900)	1,788,200
EV/EBITDA
Interest	26,800	26,800	21,600
Interest/NOPBT	1.53%		1.24%