GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Assurant Inc (MEX:AIZ) » Definitions » Return-on-Tangible-Equity

Assurant (MEX:AIZ) Return-on-Tangible-Equity : 29.04% (As of Mar. 2025)


View and export this data going back to 2024. Start your Free Trial

What is Assurant 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. Assurant's annualized net income for the quarter that ended in Mar. 2025 was MXN11,997 Mil. Assurant's average shareholder tangible equity for the quarter that ended in Mar. 2025 was MXN41,316 Mil. Therefore, Assurant's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 29.04%.

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

MEX:AIZ' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.89   Med: 24.49   Max: 87.76
Current: 34.97

During the past 13 years, Assurant's highest Return-on-Tangible-Equity was 87.76%. The lowest was 3.89%. And the median was 24.49%.

MEX:AIZ's Return-on-Tangible-Equity is ranked better than
88.38% of 482 companies
in the Insurance industry
Industry Median: 12.895 vs MEX:AIZ: 34.97

Assurant Return-on-Tangible-Equity Historical Data

The historical data trend for Assurant'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.

Assurant Return-on-Tangible-Equity Chart

Assurant Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.38 89.07 23.08 53.96 47.39

Assurant Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 57.53 45.04 28.49 41.25 29.04

Competitive Comparison of Assurant's Return-on-Tangible-Equity

For the Insurance - Property & Casualty subindustry, Assurant'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.


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

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

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


;
;

Assurant Return-on-Tangible-Equity Calculation

Assurant's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=15854.503/( (26304.992+40608.133 )/ 2 )
=15854.503/33456.5625
=47.39 %

Assurant's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=11996.688/( (40608.133+42023.189)/ 2 )
=11996.688/41315.661
=29.04 %

* 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 (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Assurant  (MEX:AIZ) 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.


Assurant Return-on-Tangible-Equity Related Terms

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


Assurant Business Description

Traded in Other Exchanges
Address
260 Interstate North Circle SE, Atlanta, GA, USA, 30339
Assurant Inc is a protection company that partners with the brands to safeguard and service connected devices, homes and automobiles. It operate in North America, Latin America, Europe and Asia Pacific through two operating segments: Global Lifestyle and Global Housing. Global Lifestyle: includes mobile device solutions (including extended service contracts, insurance policies and related services), extended service contracts and related services for consumer electronics and appliances, and financial services and other insurance products. Global Housing: includes lender-placed homeowners, manufactured housing and flood insurance, as well as voluntary manufactured housing, condominium and homeowners insurance. Key revenue is generated from Global Lifestyle segment.