FIHL (FIHL)
Fidelis Insurance Holdings Limited
NYSE:FIHLFinancial Services · Insurance - Diversified
Mkt Cap-
Float50.98M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$2.5B
Net Income$225.5M
Total Assets$9.37B
Free Cash Flow-$409.5M
Debt & Equity
Debt 26%
Equity 74%
Total Debt$843.2M
Total Equity$2.4B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in FIHL's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$9.37B
Liabilities$6.97B
Accounts Receivable$3.5B
Accounts Payable$1.66B
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$1.08B
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Revenue | $2.5B | $2.42B | $3.59B | $1.52B | $1.19B | $782.6M | $369.2M |
| YoY Growth | 3.3% | -32.6% | 136.9% | 26.9% | 52.6% | 112.0% | - |
| Cost of Revenue | $1.09B | $2.16B | $1.42B | $1.21B | $946.9M | $503.7M | $215.6M |
| Gross Profit | $1.41B | $266.1M | $2.17B | $301.6M | $247.5M | $278.9M | $153.6M |
| Gross Margin | 56.4% | 11.0% | 60.4% | 19.9% | 20.7% | 35.6% | 41.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $94.3M | $82.7M | $165.5M | $130.7M | $83.5M | $64.8M |
| Other | $1.14B | $35.4M | $39.6M | $56M | $38.1M | $71.9M | $28.6M |
| Total Operating Expenses | $1.14B | $129.7M | $122.3M | $221.5M | $168.8M | $155.4M | $93.4M |
| Operating Income (EBIT) | $275.6M | $136.4M | $2.05B | $80.1M | $78.7M | $123.5M | $60.2M |
| Operating Margin | 11.0% | 5.6% | 57.0% | 5.3% | 6.6% | 15.8% | 16.3% |
| Interest Expense | $47.7M | $33.8M | $35.5M | $35.5M | $35.4M | $27.9M | $24.7M |
| Interest Income | $0 | $195.8M | $123.5M | $0 | $24M | $28.1M | $33.1M |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $275.6M | $136.4M | $2.05B | $80.1M | $78.7M | $123.5M | $60.2M |
| Income Tax Expense | $50.1M | $23.1M | -$85.3M | $17.8M | $400K | -$3.1M | $600K |
| Net Income | $225.5M | $113.3M | $2.13B | $52.6M | $68.3M | $126.5M | $58.2M |
| Net Income Margin | 9.0% | 4.7% | 59.4% | 3.5% | 5.7% | 16.2% | 15.8% |
| Supplementary Data | |||||||
| EPS | 2.12 | 0.98 | 18.65 | 0.27 | 0.35 | 0.65 | 0.30 |
| Diluted EPS | 2.11 | 0.98 | 18.65 | 0.26 | 0.34 | 0.63 | 0.29 |
| Weighted Average OS | 106.16M | 115.22M | 114.31M | 194.29M | 195.49M | 186.03M | 194.19M |
| EBITDA | $323.3M | $156.2M | $2.08B | $119.5M | $118.6M | $154M | $87.9M |
| EBITDA Margin | 12.9% | 6.5% | 58.0% | 7.9% | 9.9% | 19.7% | 23.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | $1.25B | $743M | $712.4M | $1.22B | $325.1M | $967.2M |
| Short-Term Investments | $576.3M | $369.7M | $604.9M | $2.31B | $2.5B | $1.55B |
| Cash and Short-Term Investments | $1.45B | $1.11B | $1.32B | $3.53B | $2.83B | $2.52B |
| Accounts Receivable | $3.5B | $4.47B | $3.67B | $3B | $2.61B | $1.58B |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$1.64B | -$7.01B | -$6.05B | -$7.35B | -$6.11B | -$4.52B |
| Total Current Assets | $4.74B | $0 | $0 | $0 | $0 | $0 |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $26.8M | $29.9M | $9.8M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $1.08B | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $2.66B | $3.63B | $3.29B | $2.31B | $2.53B | $1.64B |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $877.3M | -$3.63B | -$3.29B | -$2.33B | -$2.56B | -$1.65B |
| Total Long-Term Assets | $4.62B | $0 | $0 | $0 | $0 | $0 |
| Other Assets | $0 | $11.77B | $10.03B | $8.31B | $7.05B | $5.32B |
| Total Assets | $9.37B | $11.77B | $10.03B | $8.31B | $7.05B | $5.32B |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $1.66B | $1.54B | $1.07B | $1.06B | $947.8M | $507.9M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $4.38B | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$6.5B | -$1.93B | -$1.41B | -$1.06B | -$947.8M | -$507.9M |
| Total Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $843.2M | $448.9M | $448.2M | $447.5M | $446.9M | $446M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $6.13B | -$448.9M | -$448.2M | -$476M | -$478.3M | -$456.5M |
| Total Long-Term Liabilities | $6.97B | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $9.32B | $7.58B | $6.33B | $5.03B | $3.34B |
| Total Liabilities | $6.97B | $9.32B | $7.58B | $6.33B | $5.03B | $3.34B |
| Stockholders' Equity | ||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1M | $1.2M | $1.2M | $1.9M | $1.9M | $2.1M |
| Retained Earnings | $675.9M | $503.6M | $436.6M | $500K | -$52.1M | -$120.4M |
| Comprehensive Income & Other | $37.1M | $4.5M | -$27M | -$100.8M | -$11.3M | $22.6M |
| Other Stockholders' Equity | $1.72B | $1.94B | $2.01B | $1.97B | $2.06B | $2.09B |
| Total Equity | $2.4B | $2.45B | $2.45B | $1.98B | $2.01B | $1.98B |
| Minority Interest | $0 | $0 | $0 | $10.3M | $5.2M | $0 |
| Total Liabilities and Equity | $9.37B | $11.77B | $10.03B | $8.3B | $7.05B | $5.32B |
| Supplementary Data | ||||||
| Total Debt | $843.2M | $448.9M | $448.2M | $476M | $478.3M | $456.5M |
| Net Debt | -$404.4M | -$294.1M | -$264.2M | -$746M | $153.2M | -$510.7M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | $225.5M | $113.3M | $2.13B | $52.6M | $78.3M | $126.6M | $59.6M |
| Depreciation & Amortization | -$19.2M | -$14M | $300K | $3.9M | $4.5M | $2.6M | $3M |
| Deferred Income Tax | $8.9M | $9.8M | -$86.5M | -$10.4M | -$26.4M | -$6M | $200K |
| Stock-Based Compensation | $7.9M | $7.8M | $27.6M | $10.8M | $9.8M | $32.6M | $11.8M |
| Changes in Working Capital: | |||||||
| Accounts Receivable | -$517.9M | -$881.9M | -$469.3M | -$448M | -$1.06B | -$321.6M | -$223.3M |
| Inventory | $0 | $0 | $836.9M | $1.12B | $0 | $0 | $295.9M |
| Accounts Payable | $45.5M | $507.8M | $7.1M | $134.3M | $453.7M | $287.1M | $129.8M |
| Other Working Capital | -$136.2M | $846.8M | -$237.7M | -$154.5M | $871.3M | $205.6M | -$93.7M |
| Total Working Capital Change | -$608.6M | $472.7M | $137M | $648.5M | $267.6M | $171.1M | $108.7M |
| Other Non-Cash Items | -$22.8M | $28.6M | -$1.72B | $36M | $12M | -$10.8M | -$13.3M |
| Net Cash from Operating | -$408.3M | $618.2M | $495.2M | $741.4M | $345.8M | $316.1M | $170M |
| Investing Activities | |||||||
| Capital Expenditures | -$1.2M | -$4.6M | -$6.4M | -$18.8M | -$7.1M | -$2M | -$6M |
| Acquisitions | $0 | $0 | $0 | $0 | -$7.1M | $0 | -$1.7M |
| Purchases of Investments | -$2.03B | -$2.52B | -$2.24B | -$1.71B | -$2.25B | -$1.27B | -$731.5M |
| Sales of Investments | $2.71B | $2.05B | $1.41B | $1.93B | $1.17B | $786.4M | $627.4M |
| Other Investing Activities | $0 | $0 | $0 | $15.7M | $7.1M | $0 | $0 |
| Net Cash from Investing | $682.7M | -$475.8M | -$834.9M | $215.9M | -$1.09B | -$481.3M | -$111.8M |
| Financing Activities | |||||||
| Debt Repaid | - | - | - | - | - | -$445.7M | - |
| Common Stock Issuance | $0 | $0 | $89.4M | $0 | $318.2M | $691.8M | $150.4M |
| Common Stock Repurchases | -$321M | -$105.5M | $0 | $0 | -$320.9M | $0 | -$8.9M |
| Dividends Paid | -$52.3M | -$46.2M | $0 | -$500K | -$2.1M | -$5.1M | -$67.5M |
| Other Financing Activities | -$200K | -$2.2M | -$196.3M | -$15.7M | -$13.4M | -$600K | $0 |
| Net Cash from Financing | $19.8M | -$153.9M | -$106.9M | -$16.2M | -$18.2M | $948M | $74M |
| Forex Effect | $6.8M | -$6M | $2.8M | -$9.2M | -$4.6M | $4.8M | $0 |
| Net Change in Cash | $301M | -$17.5M | -$443.8M | $931.9M | -$762.5M | $787.6M | $132.2M |
| Supplementary Data | |||||||
| Operating Cash Flow | -$408.3M | $618.2M | $495.2M | $741.4M | $345.8M | $316.1M | $170M |
| Capital Expenditure | -$1.2M | -$4.6M | -$6.4M | -$18.8M | -$7.1M | -$2M | -$6M |
| Free Cash Flow | -$409.5M | $613.6M | $488.8M | $722.6M | $338.7M | $314.1M | $164M |
| Cash at Beginning | $946.6M | $964.1M | $1.41B | $476M | $1.24B | $450.9M | $318.7M |
| Cash at End | $1.25B | $946.6M | $964.1M | $1.41B | $476M | $1.24B | $450.9M |