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Aspen Insurance Holdings (Aspen Insurance Holdings) Return-on-Tangible-Equity : 33.86% (As of Dec. 2023)


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What is Aspen Insurance Holdings Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Aspen Insurance Holdings's annualized net income for the quarter that ended in Dec. 2023 was $918 Mil. Aspen Insurance Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $2,711 Mil. Therefore, Aspen Insurance Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 33.86%.

The historical rank and industry rank for Aspen Insurance Holdings's Return-on-Tangible-Equity or its related term are showing as below:

AHL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.08   Med: 1.59   Max: 11.17
Current: 8.93

During the past 13 years, Aspen Insurance Holdings's highest Return-on-Tangible-Equity was 11.17%. The lowest was -9.08%. And the median was 1.59%.

AHL's Return-on-Tangible-Equity is not ranked
in the Insurance industry.
Industry Median: 12.08 vs AHL: 8.93

Aspen Insurance Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Aspen Insurance Holdings's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aspen Insurance Holdings Return-on-Tangible-Equity Chart

Aspen Insurance Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.97 -2.03 1.06 2.01 20.47

Aspen Insurance Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -26.12 28.06 - 13.64 33.86

Competitive Comparison of Aspen Insurance Holdings's Return-on-Tangible-Equity

For the Insurance - Property & Casualty subindustry, Aspen Insurance Holdings's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aspen Insurance Holdings's Return-on-Tangible-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Aspen Insurance Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Aspen Insurance Holdings's Return-on-Tangible-Equity falls into.



Aspen Insurance Holdings Return-on-Tangible-Equity Calculation

Aspen Insurance Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=534.7/( (2336.2+2886.8 )/ 2 )
=534.7/2611.5
=20.47 %

Aspen Insurance Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=918/( (2535.1+2886.8)/ 2 )
=918/2710.95
=33.86 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Aspen Insurance Holdings  (NYSE:AHL) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Aspen Insurance Holdings Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Aspen Insurance Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Aspen Insurance Holdings (Aspen Insurance Holdings) Business Description

Traded in Other Exchanges
Address
141 Front Street, Hamilton, BMU, HM19
Aspen Insurance Holdings Ltd is a Bermudian insurance and reinsurance company. The company operates through subsidiaries that include Aspen Insurance UK, Aspen Underwriting, Aspen Bermuda, Aspen Specialty Insurance, and Aspen American Insurance Corporation. The company also has branches in Australia, Canada, Singapore, and Switzerland. The company's business is divided into two segments: Aspen Insurance and Aspen Reinsurance. Aspen Insurance consists of property and casualty insurance, marine, aviation and energy insurance, and financial and professional lines insurance. Aspen Reinsurance comprises property catastrophe reinsurance, other property reinsurance, casualty reinsurance, and specialty reinsurance.
Executives
Christian Dunleavy officer: CUO of Aspen Re C/O ASPEN INSURANCE HOLDINGS LTD, 141 FRONT STREET, HAMILTON D0 HM19
Silvia Martinez officer: Group General Counsel 30 FENCHURCH STREET, LONDON X0 EC3M 3BD
Jeffrey Bryan Astwood officer: Group Chief Investment Officer 141 FRONT STREET, HAMILTON D0 HM19
Marcus Foley officer: Group Chief Strategy Officer 141 FRONT STREET, HAMILTON D0 HM19
Polycarpos Christakis Frydas officer: Group Chief Actuary C/O ASPEN INSURANCE HOLDINGS LTD, 141 FRONT STREET, HAMILTON D0 HM19
Kane Christopher O director, officer: CEO ASPEN INSURANCE HOLDINGS LIMITED, 141 FRONT STREET, HAMILTON D0 HM19
Timothy Paul Aman officer: Group Chief Risk Officer 141 FRONT STREET, HAMILTON D0 HM19
Glyn Jones director ASPEN INSURANCE HOLDINGS LTD, 141 FRONT STREET, HAMILTON D0 HM19
Kate Vacher officer: CEO, ABL ASPEN INSURANCE HOLDINGS LIMITED, 141 FRONT STREET, HAMILTON D0 HM19
Emil Issavi officer: President and CUO, Aspen Re ASPEN INSURANCE HOLDINGS LIMITED, 141 FRONT STREET, HAMILTON D0 HM19
Gordon Ireland director C/O ASPEN INSURANCE HOLDINGS LIMITED, 141 FRONT STREET, HAMILTON D0 HM19
Scott Kirk officer: Group CFO C/O ARGO GROUP INTERNATIONAL HOLDINGS,, LTD. 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
David Alan Cohen officer: President and CUO Insurance C/O ASPEN INSURANCE HOLDINGS LTD, 141 FRONT STREET, HAMILTON D0 HM19
Gernot Lohr director C/O APOLLO MANAGEMENT, L.P.,, 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Grahame Dawe officer: Chief Accounting Officer C/O ASPEN INSURANCE HOLDINGS LTD, 141 FRONT STREET, HAMILTON D0 HM19

Aspen Insurance Holdings (Aspen Insurance Holdings) Headlines

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