← ASSURANT, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $565.4m |
$519.6m
-8.09%
|
$251.0m
-51.69%
|
$382.6m
+52.43%
|
$441.8m
+15.47%
|
$1.4b
+210.64%
|
$276.6m
-79.85%
|
$642.5m
+132.28%
|
$760.2m
+18.32%
|
$872.7m
+14.80%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | $236.8m |
$363.9m
+53.67%
|
$423.1m
+16.27%
|
$1.4b
+223.26%
|
$276.6m
-79.78%
|
$642.5m
+132.28%
|
— | $865.0m | — | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | $252.6m | $386.8m | $442.7m | $1.4b | $276.6m | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | $1.6m | $4.2m | $900k | $0 | $0 | — | — | — | — | |
| Depreciation, Amortization and Accretion, Net | $125.1m | $115.7m | $126.9m | $125.8m | $144.3m | $171.6m | $182.0m | $196.4m | $223.5m | $250.0m | $268.4m | |
| Amortization of Intangible Assets | $44.8m | $72.6m | $77.9m | $62.2m | $73.9m | $88.9m | $94.5m | $98.1m | $97.9m | $108.9m | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | $1.3b | $1.3b | $1.5b | $2.2b | $2.8b | $3.3b | $3.7b | $4.1b | $4.0b | $4.1b | — | |
| Depreciation | $41.7m | $34.2m | $39.0m | $55.3m | $60.0m | $73.8m | $86.3m | $109.3m | $139.4m | $156.4m | $139.4m | |
| Deferred Income Tax Expense (Benefit) | $25.0m | ($4.2m) | $21.4m | $89.5m | $191.6m | $131.7m | $63.8m | ($108.5m) | $244.9m | $101.4m | $165.5m | |
| Share-based Payment Arrangement, Noncash Expense | $41.6m | $35.5m | $57.1m | $55.9m | $57.9m | $66.7m | $62.6m | $75.1m | $81.1m | $85.7m | $91.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | $4.2m | $14.2m | $13.8m | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | $1.0m | $3.0m | $12.9m | $23.8m | $4.7m | — | |
| Goodwill, Impairment Loss | $0 | $0 | $7.2m | — | $137.8m | — | $7.8m | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | $16.1m | $2.0m | $20.8m | $16.2m | $2.7m | $1.7m | $0 | $0 | — | — | — | |
| Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss | $162.2m | $30.1m | ($48.1m) | $66.3m | ($16.2m) | $128.2m | ($179.7m) | ($68.7m) | ($75.8m) | ($71.8m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Inventories | ($4.6m) | ($7.4m) | — | — | — | — | — | — | — | — | — | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $1.8b | $1.9b | $2.3b | $2.7b | $2.5b | $2.2b | $2.4b | $2.5b | $2.8b | $2.9b | — | |
| Increase (Decrease) in Other Operating Assets | $20.2m | $86.5m | ($36.3m) | $16.3m | $13.4m | $3.9m | $22.5m | $31.3m | $65.8m | ($25.2m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $134.5m |
$530.4m
+294.27%
|
$656.7m
+23.81%
|
$1.4b
+115.23%
|
$1.3b
-5.05%
|
$781.7m
-41.75%
|
$596.9m
-23.64%
|
$1.1b
+90.67%
|
$1.3b
+17.10%
|
$1.8b
+37.61%
|
$1.9b
+2.01%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $85.2m | $62.1m | $82.8m | $110.3m | $121.2m | $187.4m | $186.3m | $202.5m | $221.3m | $235.5m | ($215.1m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | $5.7m | — | ($7.4m) | — | — | — | — | — | — | $76.7m | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | — | — | $820.8m | $713.8m | $1.0b | $971.0m | $483.6m | $280.2m | $564.4m | $807.1m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | $20.1m | $17.9m | $17.1m | ($63.8m) | ($43.7m) | ($71.1m) | ($70.9m) | — | |
| Gain (Loss) on Investments | $162.2m | $30.1m | — | — | — | $128.2m | ($179.7m) | ($68.7m) | ($75.8m) | ($71.8m) | $65.5m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $63.2m | $129.1m | $1.1b | $7.6m | $458.6m | $16.6m | $72.5m | $300k | $12.9m | $23.5m | ($38.8m) | |
| Payments for (Proceeds from) Other Investing Activities | ($5.2m) | ($4.7m) | ($2.5m) | ($4.5m) | ($3.0m) | ($3.2m) | ($600k) | ($2.4m) | ($100k) | ($6.0m) | — | |
| Net Cash Provided by (Used in) Investing Activities | $725.6m | ($541.2m) | ($2.2b) | ($619.8m) | ($735.2m) | $157.6m | ($262.1m) | ($637.7m) | ($657.8m) | ($1.5b) | ($1.2b) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | — | $379.6m | $0 | $419.8m | $75.9m | $225.0m | — | — | ($176.3m) | |
| Proceeds from Issuance of Long-term Debt | $249.6m | $0 | $1.3b | $346.7m | $243.7m | $347.2m | $0 | — | — | — | $298.0m | |
| Debt and Equity Securities, Gain (Loss) | — | — | ($62.7m) | $66.3m | — | — | — | — | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | ($23.0m) | $0 | $0 | ($31.4m) | $0 | ($20.7m) | ($900k) | $100k | $0 | ($1.3m) | — | |
| Payments for Repurchase of Common Stock | $863.1m | $388.9m | $139.3m | $271.8m | $297.0m | $839.3m | $572.8m | $193.1m | $307.4m | $303.7m | — | |
| Payments of Ordinary Dividends, Common Stock | $125.3m | $119.0m | $133.8m | $151.3m | $154.6m | $157.6m | $150.2m | $152.3m | $155.9m | $168.4m | ($176.7m) | |
| Proceeds from (Payments for) Other Financing Activities | $5.6m | $0 | $100k | $0 | $0 | $0 | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($1.1b) |
($26.7m)
+97.53%
|
$1.8b
+6983.90%
|
($179.2m)
-109.75%
|
($264.8m)
-47.77%
|
($1.1b)
-311.56%
|
($818.4m)
+24.90%
|
($403.9m)
+50.65%
|
($477.5m)
-18.22%
|
($364.2m)
+23.73%
|
($467.1m)
-28.25%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $613.1m | $361.5m | ($173.8m) | ($518.1m) | $90.7m | $180.3m | $26.4m | $1.7b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $1.9b | $2.2b | $2.0b | $1.5b | $1.6b | — | $1.8b | $1.7b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | ($1.3m) | — | ($23.5m) | ($34.5m) | ($5.8m) | — | — | ($11.9m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $56.2m | $48.1m | $79.5m | $103.2m | $103.6m | $109.8m | $108.6m | $107.4m | $107.4m | $107.2m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | ($38.9m) | $271.6m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Gain (Loss) | — | — | ($14.9m) | $49.6m | $16.3m | $108.3m | ($112.2m) | ($7.2m) | $19.5m | $5.9m | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | $3.9m | $5.2m | ($7.0m) | $4.1m | $20.5m | ($6.6m) | $5.7m | ($13.9m) | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | ($18.8m) | $44.4m | $23.3m | $112.4m | ($132.7m) | ($600k) | $13.8m | $19.8m | — | |
| Gain (Loss) on Disposition of Business | — | — | ($21.9m) | ($17.0m) | $0 | $0 | — | — | ($8.6m) | ($10.7m) | — | |
| Goodwill | $831.0m | $917.7m | $2.3b | $2.3b | $2.6b | $2.6b | $2.6b | $2.6b | $2.6b | $2.6b | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | $613.5m | $276.6m | $642.5m | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | ($16.6m) | — | — | — | $613.5m | $276.6m | $642.5m | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | $758.9m | $0 | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | $0 | $0 | — | — | — | |
| Income Tax Expense (Benefit) | $283.2m | ($75.1m) | $80.9m | $167.7m | $72.6m | $169.5m | $73.3m | $164.3m | $167.1m | $214.7m | — | |
| Proceeds from Noncontrolling Interests | — | $10.9m | $9.2m | $0 | $0 | — | — | — | — | — | — | |
| Realized Investment Gains (Losses) | $162.2m | $30.1m | ($62.7m) | $66.3m | ($16.2m) | — | — | — | — | — | — | |
| Restructuring Costs | — | — | — | — | $0 | $0 | $41.8m | $34.3m | $5.4m | $27.3m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.