KINGSTONE COMPANIES, INC.
KINS· Nasdaq· Fire, Marine & Casualty Insurance
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 34.0%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +10.3%
We record prices for the companies we cover; KINS is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 14.1M
- Revenue
- $214.9M
- Free cash flow
- $73.1M
- Owner earnings
- $71.6M
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- –
- Net
- 19.0%
- Free cash flow
- 34.0%
- Owner earnings
- 33.3%
- Stock pay
- 0.7%
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- 33.2%
- ROE, 5 yr avg
- -5.8%
Growth (CAGR)
- Revenue, 3 yr
- 18.2%
- Revenue, 5 yr
- 10.3%
- Revenue, 9 yr
- 12.0%
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- 100.0%
- Diluted EPS, 9 yr
- 10.8%
- Free cash flow, 3 yr
- –
- Free cash flow, 5 yr
- –
- Free cash flow, 9 yr
- 19.6%
Financial health · FY2025
- Cash and investments
- $12.2M
- Total debt
- $4.4M
- Net cash
- $7.7M
- Debt/Equity
- 0.0x
- Debt/FCF
- 0.1x
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- 3.5%
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- 5.7%
Financials: ten years from the 10-Ks
Revenue
$214.9M
+12.0% a year over 9 years
FY2016FY2025
Margins
19.0%
FY2025
FY2016FY2025
Free cash flow and owner earnings
Free cash flow$73.1MOwner earnings$71.6M
Free cash flow +19.6% a year
FY2016FY2025
Diluted shares
14.1M
+81.2% over 9 years, net dilution
FY2016FY2025
Net cash
$7.7M
$7.7M more cash than debt
FY2016FY2025
Every figure, year by year
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $77.4M | $92.8M | $113.8M | $145.1M | $131.4M | $161.2M | $130.2M | $144.2M | $155.1M | $214.9M |
| Revenue growth | 20.7% | 19.8% | 22.6% | 27.6% | -9.5% | 22.7% | -19.3% | 10.8% | 7.6% | 38.5% |
| Gross margin | – | – | – | – | – | – | – | – | – | – |
| Operating margin | – | – | – | – | – | – | – | – | – | – |
| Net income | $8.9M | $10.0M | $3.1M | -$6.0M | $972.4K | -$7.4M | -$22.5M | -$6.2M | $18.4M | $40.8M |
| Net margin | 11.5% | 10.8% | 2.7% | -4.1% | 0.7% | -4.6% | -17.3% | -4.3% | 11.8% | 19.0% |
| Diluted EPS | $1.14 | $0.94 | $0.29 | $-0.55 | $0.09 | $-0.70 | $-2.12 | $-0.57 | $1.48 | $2.88 |
| Return on invested capital? | – | – | – | – | – | – | – | – | – | – |
| Cash | ||||||||||
| Operating cash flow | $15.2M | $28.0M | $22.3M | $29.9M | -$10.2M | $24.3M | -$915.5K | -$11.3M | $57.9M | $75.9M |
| Capital expenditure | $576.2K | $2.8M | $2.7M | $3.9M | $3.3M | $4.5M | $4.6M | $1.8M | $2.3M | $2.8M |
| Free cash flow | $14.6M | $25.2M | $19.6M | $25.9M | -$13.6M | $19.8M | -$5.5M | -$13.2M | $55.6M | $73.1M |
| Stock-based compensation | $106.9K | $270.2K | $702.6K | $1.5M | $1.8M | $1.9M | $1.4M | $832.6K | $1.4M | $1.5M |
| Owner earnings? | $14.5M | $25.0M | $18.9M | $24.4M | -$15.3M | $17.9M | -$6.9M | -$14.0M | $54.2M | $71.6M |
| Free cash flow per share | $1.87 | $2.38 | $1.83 | $2.41 | $-1.26 | $1.87 | $-0.51 | $-1.22 | $4.48 | $5.17 |
| Capital allocation | ||||||||||
| Dividends paid | $1.9M | $3.2M | $4.3M | $3.5M | $2.0M | $1.7M | $1.3M | $0 | $0 | $1.4M |
| Share repurchases | $113.3K | $176.8K | $540.3K | $0 | $1.2M | $1.7M | $0 | – | – | – |
| Diluted shares | 7.8M | 10.6M | 10.7M | 10.8M | 10.7M | 10.6M | 10.6M | 10.8M | 12.4M | 14.1M |
| Share count change? | 5.8% | 35.5% | 1.3% | 0.5% | -0.4% | -1.3% | 0.5% | 1.0% | 15.5% | 13.8% |
| Balance sheet | ||||||||||
| Cash and equivalents | $12.0M | $48.4M | $21.1M | $32.4M | $19.5M | $24.3M | $12.0M | $9.0M | $28.7M | $12.2M |
| Short-term investments | – | – | – | – | – | – | – | – | – | – |
| Total debt | $0 | $29.1M | $29.3M | $29.5M | $29.6M | $17.3M | $25.2M | $25.2M | $11.2M | $4.4M |
| Net debt | -$12.0M | -$19.3M | $8.2M | -$2.9M | $10.2M | -$7.0M | $13.2M | $16.3M | -$17.5M | -$7.7M |
| Shareholders' equity | $56.7M | $94.6M | $88.7M | $88.2M | $92.8M | $75.7M | $36.2M | $34.5M | $66.7M | $122.7M |
Latest filings
| 2026-10-16 | 8-K | Earnings release |
| 2026-08-07 | 10-Q | Quarterly report |
| 2026-08-06 | 8-K | Earnings release |
| 2026-07-16 | 8-K | Earnings release |
| 2026-06-25 | DEF 14A | Proxy statement |
| 2026-05-08 | 10-Q | Quarterly report |
| 2026-05-07 | 8-K | Earnings release |
| 2026-04-17 | 8-K | Earnings release |
| 2026-03-16 | 10-K | Annual report |
| 2026-03-05 | 8-K | Earnings release |
More from our coverage
- MSFTPlatforms8.4MicrosoftThe most entrenched software franchise in the enterprise, now spending its cash flow on AI capacity; a great business we would own with a margin of safety, not at any price.Base value $410.29
- NVDAAI infrastructure8.4NVIDIAThe best business in technology at the top of its cycle: the moat is CUDA as much as silicon, but today's margins are a peak, not a floor.Base value $104.32
- AAPLHardware7.6AppleOne of the highest-quality businesses in the world growing in the low single digits; the price usually assumes more growth than the numbers show.Base value $134.27
- GOOGLPlatforms7.4AlphabetSearch pays for everything, and AI is both its biggest threat and its biggest opportunity; the price has to allow for search being worth less than it was.Base value $209.60
- NOWSoftware7.4ServiceNowA rare enterprise platform still growing above 20% with high retention; the free cash flow is real but stock pay takes a large share of it.Base value $189.13
- ADBESoftware7.4AdobeSuperb margins and a shrinking share count, priced for decline; the question is whether AI makes Adobe's tools more valuable or makes them unnecessary.Base value $449.35
