# Ategrity Specialty Holdings (ASIC)

**Exchange:** NYSE  
**Sector:** Financial Services  
**Market cap:** $972M  
**Price:** $21.02 (-0.19%)

> Ategrity Specialty Holdings is a specialty insurance company focused on providing excess and surplus (E&S) property and casualty insurance products to small and medium-sized businesses across the United States. Established in 2018, the company addresses the unique and often complex risk needs of industries such as real estate, hospitality, construction, and retail by tailoring coverage solutions beyond what standard commercial policies offer. Ategrity distinguishes itself through the use of advanced risk modeling, data-driven underwriting, and proprietary technology platforms, streamlining processes for agents, brokers, and policyholders. The company partners with a wide network of distribution partners and operates through subsidiaries to deliver efficient underwriting, claims handling, and risk management services in 48 states and the District of Columbia. Financially, Ategrity maintains a conservatively capitalized balance sheet and a robust growth trajectory, emphasizing innovation and responsiveness in the traditionally slow-to-adapt specialty insurance sector. Its recent move to become a public company aims to enhance its capitalization, financial flexibility, and ability to expand its reach in the specialty insurance market.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $424M | — | — | $74M | — |
| 2024 | $344M | — | — | $47M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.47B | $859M | $614M | $30M | — |
| 2024 | $1.12B | $725M | $398M | $27M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $147M | $6M | $141M |
| 2024 | $126M | $164,000 | $125M |

Source: [CompaniesByCap](https://companiesbycap.com/company/ASIC)