Employers Holdings (EIG) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Employers Holdings

NYSE•Financial Services•Insurance - Specialty

$49.08-2.33(-0.05%)Pre-market

Market Cap

$826.42M

P/E

30.1x

P/S

1.0x

P/B

1.1x

Employers Holdings, Inc., through its subsidiaries, provides workers' compensation insurance and services in the United States. The company offers insurance to small businesses in low to medium hazard industries. It market its products through local, regional, specialty and national insurance agents and brokers; national, regional, and local trade groups and associations; and direct-to-customer interactions. Employers Holdings, Inc. was founded in 2000 and is based in Reno, Nevada.

How this company scores

WeakMetricSide Score: 30/100

Strongest: Balance Sheet & Red Flags (17/25); weakest: Growth (4/25).

Profitability4/25

Growth4/25

Balance Sheet & Red Flags17/25

Cash & Earnings Quality5/25

Strengths

Low leverageNo share dilution

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 30.1x5y range 8.0x – 122.4x

Currently above its 20-quarter median.

P/S · 1.0x5y range 0.9x – 1.7x

Currently near its 20-quarter median.

P/B · 1.1x5y range 0.9x – 1.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 64.4% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

FCF consistently trails net income (avg -0.4x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $826.42M

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $787.60M
Q. Revenue: $189.30M
TTM EBITDA: $45.90M
TTM Op. Income: $32.30M
Q. Op. Income: $14.50M
TTM Net Income: $27.50M
Q. Net Income: $11.60M
EPS: $0.65
Shares Out.: $17.90M

$787.60M in TTM revenue declined 13.0% YoY, reaching $189.30M last quarter. TTM EBITDA of $45.90M and TTM operating income of $32.30M show growth is flowing through to the bottom line. TTM net income of $27.50M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 2 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 9.5%
Op. Margin: 7.7%
Net Margin: 6.1%

Op. margin of 7.7% is up 12.3% YoY — cost efficiency is improving. Net margin at 6.1% Over the past year, operating margin is up 264% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 30.1x
P/S Ratio: 1.0x
P/B Ratio: 1.1x

At 30.1x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.0x and P/B of 1.1x provide additional context. P/E sits above typical market levels while revenue growth is below 5%. Over the past year, P/E is up 93% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.25B
Cash: $75.70M
Long-Term Debt: $125.00M
Book Value: $785.60M
D/E Ratio: 0.2
Debt/EBITDA: 6.9

With $3.25B in assets and $125.00M in long-term debt, D/E is 0.2and book value is $785.60M — a conservative capital structure with a cushion to weather downturns. Across the last 4 quarters, debt/equity has risen for 3 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-11.40M
TTM Free Cash Flow: $-19.20M
FCF Margin: -2.4%
FCF / Net Income: -0.7

TTM FCF of $-19.20M on $-11.40M in operating cash flow. The FCF / Net Income ratio of -0.7x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 6 consecutive quarters — a weakening trend.