← EVEREST GROUP, LTD.

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) Available to Common Stockholders, Basic $792.4m
$259.0m -67.32%
($111.5m) -143.05%
$766.4m +787.40%
$261.8m -65.84%
$1.1b +326.83%
$337.0m -69.84%
$2.5b +638.28%
$1.4b -45.42%
$1.6b +15.83%
—
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $996.3m $469.0m $103.6m $1.0b $514.2m $1.4b $597.0m $2.5b $1.4b $1.6b —
Amortization of Debt Issuance Costs $4k — — — — — — — — — —
Deferred Policy Acquisition Costs, Amortization Expense $1.2b $1.3b $1.5m $1.7b $1.9b — — — — — —
Amortization Of Securities — — — — — — $55.0m ($64.0m) ($167.0m) ($166.0m) ($148.0m)
Deferred Income Tax Expense (Benefit) $68.3m $50.5m ($297.9m) $80.2m $176.0m $40.6m ($90.0m) ($654.0m) ($51.0m) ($42.0m) —
Share-based Payment Arrangement, Noncash Expense $26.4m $30.3m $32.4m $34.0m $39.2m $43.4m $45.0m $49.0m $63.0m $61.0m $75.0m
Payment, Tax Withholding, Share-based Payment Arrangement — $12.9m $16.9m $13.6m $15.9m $17.1m $20.0m $24.0m $25.0m $22.0m —
Change In Working Capital — — — — — — $2.4b $1.7b $3.5b $1.2b ($199.0m)
Change In Receivables — — — — — — ($848.0m) ($921.0m) ($1.8b) ($1.6b) ($1.3b)
Changes In Account Receivables — — — — — — ($848.0m) ($921.0m) ($1.8b) ($1.6b) ($1.3b)
Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded — — — — — — — $24.0m $9.0m $42.0m —
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims $3.1b $4.5b $5.7b $4.9b $6.6b $7.4b $8.1b $8.4b $11.3b $10.9b —
Other Operating Income (Expense), Net ($10.6m) ($35.4m) ($9.1m) ($11.0m) $6.5m $37.0m ($102.0m) ($14.0m) $121.0m ($45.0m) —
Net Cash Provided by (Used in) Operating Activities $1.4b
$1.2b -15.32%
$610.1m -47.53%
$1.9b +203.57%
$2.9b +55.16%
$3.8b +33.40%
$3.7b -3.61%
$4.6b +23.22%
$5.0b +8.87%
$3.1b -38.11%
$2.0b -34.78%
Cash flows from investing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale — $2.2b $2.0b $2.3b $2.6b $3.9b $2.6b $2.3b $3.8b $4.5b —
Cash, Cash Equivalents, and Short-term Investments $158.6m $184.0m $240.4m $281.1m $349.9m $374.6m $283.0m $308.0m $331.0m — —
Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded — — — — $32.9m $28.7m — — — — —
Unrealized Gain (Loss) on Investments — — — — — — ($460.0m) — — ($1.0m) —
Gain (Loss) on Investments — — — — — — ($455.0m) ($276.0m) $19.0m ($143.0m) $144.0m
Net Other Investing Changes — — — — — — ($1.6b) ($721.0m) ($965.0m) ($258.0m) ($139.0m)
Net Cash Provided by (Used in) Investing Activities ($657.9m) ($732.6m) ($279.6m) ($1.4b) ($3.7b) ($3.9b) ($3.4b) ($5.9b) ($4.5b) ($2.1b) ($1.3b)
Cash flows from financing activities:
Debt and Equity Securities, Gain (Loss) — — ($119.0m) $205.9m $269.4m $285.9m — — — — —
Issuance Of Debt — — — — — — $0 $300.0m $200.0m $0 $200.0m
Long Term Debt Issuance — — — — — $1.2b $0 $300.0m $200.0m $0 $200.0m
Net Issuance Payments Of Debt — — — — — — $0 $300.0m $200.0m $0 $0
Payments for Repurchase of Common Stock $386.3m $50.0m $75.3m $24.6m $200.0m $225.1m $61.0m $0 $200.0m $797.0m —
Payments of Ordinary Dividends, Common Stock $195.4m $207.2m $216.2m $234.3m $249.1m $246.7m $255.0m $288.0m $334.0m $335.0m ($324.0m)
Proceeds from Issuance of Common Stock $10.8m — — — — — — $1.4b $0 $0 $0
Common Stock Dividend Paid — — — — — — ($255.0m) ($288.0m) ($334.0m) ($335.0m) ($324.0m)
Common Stock Issuance — — — — — — $0 $1.4b $0 $0 $0
Common Stock Payments — — — — — — ($61.0m) $0 ($200.0m) ($797.0m) ($1.1b)
Issuance Of Capital Stock — — — — — — $0 $1.4b $0 $0 $0
Net Common Stock Issuance — — — — — — ($61.0m) $1.4b ($200.0m) ($797.0m) ($1.1b)
Repurchase Of Capital Stock — — — — — — ($61.0m) $0 ($200.0m) ($797.0m) ($1.1b)
Cash Dividends Paid — — — — — — ($255.0m) ($288.0m) ($334.0m) ($335.0m) ($324.0m)
Dividend Received CFO — — — — — — $180.0m $120.0m $163.0m $195.0m $211.0m
Dividends Received CFI — — — — — — $266.0m $245.0m $409.0m $334.0m $230.0m
Net Other Financing Charges — — — — — — ($26.0m) ($25.0m) ($25.0m) ($22.0m) ($25.0m)
Net Cash Provided by (Used in) Financing Activities ($570.9m)
($275.5m) +51.75%
($316.6m) -14.93%
($275.7m) +12.92%
$800.2m +390.26%
$674.2m -15.75%
($359.0m) -153.25%
$1.4b +492.48%
($383.0m) -127.18%
($1.2b) -206.79%
($1.5b) -27.23%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — $151.9m ($6.4m) $639.2m ($42.0m) $38.0m $112.0m ($231.0m) $1.1b
Beginning Cash Position — — — — — — $1.4b $1.4b $1.4b $1.5b $1.9b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $808.0m $801.7m $1.4b $1.4b $1.4b $1.5b $1.3b $1.1b
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — ($11.9m) $3.2m $639k $39.0m ($23.0m) $16.0m ($28.0m) $30.0m
Effect Of Exchange Rate Changes — — — — — — $39.0m ($23.0m) $16.0m ($28.0m) $30.0m
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $36.0m $32.2m $30.4m $31.7m $28.4m $62.4m $98.0m $130.0m $147.0m $150.0m —
Income Taxes Paid, Net $42.6m $53.7m ($65.1m) ($148.6m) ($169.7m) $98.0m $171.0m $196.0m $397.0m $150.0m —
Additional Financial Items
Derivative, Gain (Loss) on Derivative, Net $18.6m $9.6m $520k $6.4m — — — — — — —
Gain (Loss) on Disposition of Assets — — — — — — — — — ($112.0m) —
Income Tax Expense (Benefit) $103.5m ($63.8m) ($330.0m) $89.5m $71.2m $166.5m ($9.0m) ($363.0m) $120.0m $296.0m —
Operating Lease, Expense — — — $7.8m $7.8m $7.8m — — — — —
Proceeds from Stock Options Exercised $16.4m $8.3m $6.9m $8.5m — — — — — — —
Realized Investment Gains (Losses) ($7.2m) $153.2m ($127.1m) $185.0m $267.6m $257.9m $38.0m — — — —
Cash Flow From Continuing Financing Activities — — — — — — ($359.0m) $1.4b ($383.0m) ($1.2b) ($1.5b)
Cash Flow From Continuing Investing Activities — — — — — — ($3.4b) ($5.9b) ($4.5b) ($2.1b) ($1.3b)
Change In Account Payable — — — — — — $201.0m $18.0m $135.0m ($235.0m) ($35.0m)
Change In Cash Supplemental As Reported — — — — — — ($42.0m) $38.0m $112.0m ($231.0m) —
Change In Other Working Capital — — — — — — ($572.0m) ($1.1b) ($969.0m) ($677.0m) ($528.0m)
Change In Payable — — — — — — $201.0m $18.0m $135.0m ($235.0m) ($35.0m)
Change In Prepaid Assets — — — — — — ($363.0m) ($112.0m) ($313.0m) $498.0m $317.0m
Changes In Cash — — — — — — ($82.0m) $60.0m $96.0m ($203.0m) ($775.0m)
End Cash Position — — — — — — $1.4b $1.4b $1.5b $1.3b $1.1b
Financing Cash Flow — — — — — — ($359.0m)
$1.4b +492.48%
($383.0m) -127.18%
($1.2b) -206.79%
($1.5b) -27.23%
Free Cash Flow — — — — — — $3.7b $4.6b $5.0b $3.1b $2.0b
Gain Loss On Investment Securities — — — — — — $455.0m $276.0m ($19.0m) $143.0m $144.0m
Investing Cash Flow — — — — — — ($3.4b) ($5.9b) ($4.5b) ($2.1b) ($1.3b)
Net Investment Purchase And Sale — — — — — — ($2.1b) ($5.4b) ($3.9b) ($2.2b) ($1.4b)
Operating Gains Losses — — — — — — $455.0m $276.0m ($19.0m) $143.0m $144.0m
Other Non Cash Items — — — — — $1.0m ($1.0m) — $1.0m $1.0m —
Proceeds From Stock Option Exercised — — — — — — ($17.0m) ($23.0m) ($24.0m) ($21.0m) ($23.0m)
Purchase Of Investment — — — — — — ($8.5b) ($11.8b) ($14.2b) ($10.4b) ($8.5b)
Sale Of Investment — — — — — — $6.4b $6.4b $10.2b $8.2b $7.1b
Stock Based Compensation — — — — — — $45.0m $49.0m $63.0m $61.0m $75.0m

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.