ASPEN INSURANCE HOLDINGS-A (AHL) Fundamental Analysis & Valuation

NYSE:AHL • BMG053845019

37.5 USD
0 (0%)
At close: Feb 23, 2026
37.51 USD
+0.01 (+0.03%)
After Hours: 2/23/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This AHL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

3

AHL gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 149 industry peers in the Insurance industry. The financial health of AHL is average, but there are quite some concerns on its profitability. AHL has a expensive valuation and it also scores bad on growth. AHL also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

3

1. AHL Profitability Analysis

1.1 Basic Checks

  • In the past year AHL has reported negative net income.
  • AHL had a positive operating cash flow in the past year.
  • In multiple years AHL reported negative net income over the last 5 years.
  • In multiple years AHL reported negative operating cash flow during the last 5 years.
AHL Yearly Net Income VS EBIT VS OCF VS FCFAHL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M -400M -600M

1.2 Ratios

  • The Return On Assets of AHL (2.03%) is comparable to the rest of the industry.
  • AHL has a Return On Equity (9.96%) which is in line with its industry peers.
  • AHL has a Return On Invested Capital (2.11%) which is comparable to the rest of the industry.
  • AHL had an Average Return On Invested Capital over the past 3 years of 1.84%. This is significantly below the industry average of 15.26%.
  • The 3 year average ROIC (1.84%) for AHL is below the current ROIC(2.11%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.03%
ROE 9.96%
ROIC 2.11%
ROA(3y)1.99%
ROA(5y)1.02%
ROE(3y)9.91%
ROE(5y)5.14%
ROIC(3y)1.84%
ROIC(5y)1.28%
AHL Yearly ROA, ROE, ROICAHL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 -10 15

1.3 Margins

  • AHL's Profit Margin of 10.48% is fine compared to the rest of the industry. AHL outperforms 67.79% of its industry peers.
  • The Operating Margin of AHL (13.51%) is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of AHL has grown nicely.
Industry RankSector Rank
OM 13.51%
PM (TTM) 10.48%
GM N/A
OM growth 3Y92.17%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
AHL Yearly Profit, Operating, Gross MarginsAHL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 -10 15

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. AHL Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AHL is destroying value.
  • The number of shares outstanding for AHL remains at a similar level compared to 1 year ago.
  • Compared to 5 years ago, AHL has less shares outstanding
  • The debt/assets ratio for AHL has been reduced compared to a year ago.
AHL Yearly Shares OutstandingAHL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
AHL Yearly Total Debt VS Total AssetsAHL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.2 Solvency

  • AHL has a debt to FCF ratio of 0.62. This is a very positive value and a sign of high solvency as it would only need 0.62 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 0.62, AHL is doing good in the industry, outperforming 77.85% of the companies in the same industry.
  • A Debt/Equity ratio of 0.09 indicates that AHL is not too dependend on debt financing.
  • AHL has a better Debt to Equity ratio (0.09) than 78.52% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.09
Debt/FCF 0.62
Altman-Z N/A
ROIC/WACC0.25
WACC8.44%
AHL Yearly LT Debt VS Equity VS FCFAHL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
AHL Yearly Current Assets VS Current LiabilitesAHL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

0

3. AHL Growth Analysis

3.1 Past

  • AHL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 99.55%, which is quite impressive.
  • Looking at the last year, AHL shows a very negative growth in Revenue. The Revenue has decreased by -10.20% in the last year.
  • AHL shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.14% yearly.
EPS 1Y (TTM)99.55%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)-10.2%
Revenue growth 3Y-4.14%
Revenue growth 5YN/A
Sales Q2Q%-8.53%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
AHL Yearly Revenue VS EstimatesAHL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B
AHL Yearly EPS VS EstimatesAHL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2025 2026 2027 0 2 -2 4 -4 -6

More info and screens

Find the best growth stocksShow best growing peers

1

4. AHL Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for AHL. In the last year negative earnings were reported.
Industry RankSector Rank
PE N/A
Fwd PE N/A
AHL Price Earnings VS Forward Price EarningsAHL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

  • AHL's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 7.17
EV/EBITDA N/A
AHL Per share dataAHL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. AHL Dividend Analysis

5.1 Amount

  • AHL has a Yearly Dividend Yield of 7.01%, which is a nice return.
  • Compared to an average industry Dividend Yield of 2.50, AHL pays a better dividend. On top of this AHL pays more dividend than 91.95% of the companies listed in the same industry.
  • AHL's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 7.01%

5.2 History

  • The dividend of AHL is nicely growing with an annual growth rate of 52.29%!
  • AHL has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)52.29%
Div Incr YearsN/A
Div Non Decr YearsN/A
AHL Yearly Dividends per shareAHL Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 0.2 0.4 0.6 0.8

5.3 Sustainability

  • AHL pays out 21.34% of its income as dividend. This is a sustainable payout ratio.
DP21.34%
EPS Next 2YN/A
EPS Next 3YN/A
AHL Yearly Income VS Free CF VS DividendAHL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M -400M -600M
AHL Dividend Payout.AHL Dividend Payout, showing the Payout Ratio.AHL Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

AHL Fundamentals: All Metrics, Ratios and Statistics

ASPEN INSURANCE HOLDINGS-A

NYSE:AHL (2/23/2026, 8:04:00 PM)

After market: 37.51 +0.01 (+0.03%)

37.5

0 (0%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)11-13
Earnings (Next)03-23
Inst Owners101.48%
Inst Owner Change3.33%
Ins Owners0.96%
Ins Owner Change0%
Market Cap3.44B
Revenue(TTM)2.36B
Net Income(TTM)333.10M
Analysts69.09
Price Target39.02 (4.05%)
Short Float %1.57%
Short Ratio4.56
Dividend
Industry RankSector Rank
Dividend Yield 7.01%
Yearly Dividend4.14
Dividend Growth(5Y)52.29%
DP21.34%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.16%
EPS NY rev (3m)0.99%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.59%
Revenue NY rev (3m)-1.61%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 1.08
P/FCF 7.17
P/OCF 6.81
P/B 1.03
P/tB 1.04
EV/EBITDA N/A
EPS(TTM)-0.03
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)5.23
FCFY13.95%
OCF(TTM)5.51
OCFY14.68%
SpS34.62
BVpS36.43
TBVpS36.21
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 2.03%
ROE 9.96%
ROCE 2.67%
ROIC 2.11%
ROICexc 2.21%
ROICexgc 3.54%
OM 13.51%
PM (TTM) 10.48%
GM N/A
FCFM 15.11%
ROA(3y)1.99%
ROA(5y)1.02%
ROE(3y)9.91%
ROE(5y)5.14%
ROIC(3y)1.84%
ROIC(5y)1.28%
ROICexc(3y)1.96%
ROICexc(5y)1.37%
ROICexgc(3y)3.27%
ROICexgc(5y)2.26%
ROCE(3y)2.33%
ROCE(5y)1.62%
ROICexgc growth 3Y98.06%
ROICexgc growth 5YN/A
ROICexc growth 3Y92.67%
ROICexc growth 5YN/A
OM growth 3Y92.17%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.19
Health
Industry RankSector Rank
Debt/Equity 0.09
Debt/FCF 0.62
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 0.8%
Interest Coverage 250
Cash Conversion N/A
Profit Quality 144.19%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score6
WACC8.44%
ROIC/WACC0.25
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)99.55%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-10.2%
Revenue growth 3Y-4.14%
Revenue growth 5YN/A
Sales Q2Q%-8.53%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y2.85%
EBIT growth 3Y105.54%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y70.17%
FCF growth 3Y5.31%
FCF growth 5YN/A
OCF growth 1Y70.9%
OCF growth 3Y1.88%
OCF growth 5YN/A

ASPEN INSURANCE HOLDINGS-A / AHL FAQ

What is the fundamental rating for AHL stock?

ChartMill assigns a fundamental rating of 3 / 10 to AHL.


What is the valuation status of ASPEN INSURANCE HOLDINGS-A (AHL) stock?

ChartMill assigns a valuation rating of 1 / 10 to ASPEN INSURANCE HOLDINGS-A (AHL). This can be considered as Overvalued.


Can you provide the profitability details for ASPEN INSURANCE HOLDINGS-A?

ASPEN INSURANCE HOLDINGS-A (AHL) has a profitability rating of 3 / 10.