← Hilltop Holdings 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 | $145.9m |
$132.5m
-9.15%
|
$121.4m
-8.38%
|
$225.3m
+85.51%
|
$447.8m
+98.78%
|
$374.5m
-16.38%
|
$113.1m
-69.79%
|
$109.6m
-3.08%
|
$113.2m
+3.25%
|
$165.6m
+46.27%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $147.9m | $133.1m | $125.7m | $233.0m | $469.7m | $386.1m | $119.3m | $118.0m | $123.2m | $172.0m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $2.0m | $600k | $4.3m | $7.7m | $21.8m | $11.6m | $6.2m | $8.3m | $10.0m | $6.4m | — | |
| Depreciation and amortization | — | — | — | — | $27.9m | $28.4m | $26.8m | $23.3m | $22.7m | $18.1m | $10.4m | |
| Depreciation, Amortization and Accretion, Net | ($49.8m) | ($13.9m) | ($2.3m) | $1.2m | $21.9m | $24.6m | $32.6m | $19.6m | $19.9m | $15.7m | $10.4m | |
| Amortization of Intangible Assets | $10.2m | $8.3m | $8.4m | $7.8m | $6.3m | $5.1m | $4.0m | $2.9m | $1.8m | $1.0m | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | $38.5m | $36.5m | $34.7m | $33.2m | — | — | — | — | — | — | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $32.6m | $19.6m | $19.9m | $15.7m | $10.4m | |
| Deferred Income Tax Expense (Benefit) | ($9.7m) | $40.9m | $13.2m | ($3.9m) | $16.6m | ($7.1m) | $8.2m | $7.0m | ($19.5m) | $5.4m | $10.8m | |
| Deferred Tax | — | — | — | — | — | — | $8.2m | $7.0m | ($19.5m) | $5.4m | $10.8m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $2.4m | $3.3m | $1.8m | $2.0m | — | — | — | — | — | — | — | |
| Share-based Payment Arrangement, Expense | $10.5m | — | — | — | $14.6m | $17.5m | $15.6m | $15.5m | $10.7m | — | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($3.5m) | ($9.1m) | ($9.2m) | ($46.7m) | ($7.8m) | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | — | — | — | — | — | — | — | $9 | $9 | $47 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $99.2m | $245.8m | $107.8m | $17.2m | ($230.5m) | |
| Change In Receivables | — | — | — | — | — | — | $936.9m | ($448.8m) | $102.0m | ($117.3m) | ($321.5m) | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | — | — | — | $68.8m | — | — | — | — | — | — | — | |
| Increase (Decrease) in Other Operating Assets | ($41.3m) | $47.4m | ($13.7m) | ($53.0m) | $79.0m | ($3.2m) | $10.6m | ($25.0m) | ($42.2m) | ($1.6m) | — | |
| Increase (Decrease) in Other Operating Liabilities | $11.8m | ($55.6m) | ($93.9m) | $85.3m | $249.3m | ($212.4m) | $54.1m | ($2.9m) | ($10.9m) | ($33.7m) | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($7.1m) | $25.0m | $42.2m | $1.6m | $12.4m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $54.1m | ($2.9m) | ($10.9m) | ($33.7m) | ($26.6m) | |
| Net Cash Provided by (Used in) Operating Activities | ($183.3m) |
($326.3m)
-77.97%
|
$389.5m
+219.38%
|
($433.0m)
-211.16%
|
$280.4m
+164.76%
|
$765.6m
+173.01%
|
$1.2b
+55.36%
|
$443.0m
-62.75%
|
$273.9m
-38.17%
|
($38.7m)
-114.13%
|
($94.7m)
-144.65%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($9.8m) | ($8.5m) | ($7.1m) | ($16.8m) | ($28.1m) | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | $200k | ($100k) | — | — | — | $0 | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $63.2m | — | — | — | — | — | — | — | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($212k) | $662k | ($75k) | ($1.7m) | ($112k) | |
| Net Cash Provided by (Used in) Investing Activities | — | ($358.0m) | ($289.7m) | ($604.3m) | ($827.7m) | ($553.3m) | ($877.3m) | $158.3m | $354.2m | ($364.8m) | ($555.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | — | — | $1.3b | $1.0b | $863.3m | $490.2m | $890.9m | $1.2b | ($985.6m) | |
| Proceeds from Issuance of Long-term Debt | — | — | — | — | $1.5b | $976.1m | $821.6m | $490.2m | $918.7m | $1.1b | $987.8m | |
| Issuance Of Debt | — | — | — | — | — | — | $821.6m | $490.2m | $918.7m | $1.1b | $987.8m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $821.6m | $490.2m | $918.7m | $1.1b | $987.8m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($863.3m) | ($490.2m) | ($890.9m) | ($1.2b) | ($985.6m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $66.7m | ($70.9m) | ($65.3m) | ($357.0m) | $508.5m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($41.7m) | $0 | $27.8m | ($173.2m) | $2.2m | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $108.4m | ($70.9m) | ($93.2m) | ($183.9m) | $506.3m | |
| Repayment Of Debt | — | — | — | — | — | — | ($863.3m) | ($490.2m) | ($890.9m) | ($1.2b) | ($985.6m) | |
| Payments for Repurchase of Common Stock | — | $27.4m | $59.0m | $73.4m | $208.7m | $123.6m | $442.3m | $5.1m | $19.9m | $184.0m | — | |
| Payments of Ordinary Dividends, Common Stock | $6 | $23 | $27 | $30 | $33 | $39 | $43 | $42 | $44 | $45 | ($45.7m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($43.0m) | ($41.6m) | ($44.3m) | ($45.4m) | ($45.7m) | |
| Common Stock Payments | — | — | — | — | — | — | ($442.3m) | ($5.1m) | ($19.9m) | ($184.0m) | ($210.4m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($442.3m) | ($5.1m) | ($19.9m) | ($184.0m) | ($210.4m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($442.3m) | ($5.1m) | ($19.9m) | ($184.0m) | ($210.4m) | |
| Other Interest and Dividend Income | $4.3m | $11.8m | $18.0m | $16.5m | $6.9m | $6.6m | $44.7m | $105.2m | $96.9m | $69.1m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($43.0m) | ($41.6m) | ($44.3m) | ($45.4m) | ($45.7m) | |
| Proceeds from (Payments for) Other Financing Activities | ($868k) | ($674k) | ($813k) | ($515k) | ($1.7m) | ($3.4m) | ($5.9m) | ($5.4m) | ($3.7m) | ($2.9m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($11.9m) | ($13.0m) | ($12.7m) | ($8.5m) | ($1.5m) | |
| Net Cash Provided by (Used in) Financing Activities | — | $480.9m |
$4.6m
-99.04%
|
$901.6m
+19361.21%
|
$1.3b
+39.50%
|
$1.5b
+17.64%
|
($1.7b)
-215.54%
|
($332.5m)
+80.55%
|
($174.3m)
+47.58%
|
($714.2m)
-309.76%
|
$389.0m
+154.47%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $104.5m | ($135.7m) | $710.5m | $1.7b | ($1.4b) | $268.8m | $453.8m | ($1.1b) | $769.0m | |
| Beginning Cash Position | — | — | — | — | — | — | $3.0b | $1.6b | $1.9b | $2.4b | $1.0b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $778.5m | $642.8m | — | — | — | — | $2.4b | $1.3b | $769.0m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Bank Owned Life Insurance Income | $600k | $600k | $600k | $1.0m | $500k | $500k | $500k | $500k | $600k | $800k | — | |
| Gain (Loss) on Sales of Loans, Net | $607.0m | $538.5m | $445.1m | $504.9m | $1.0b | $826.0m | $302.4m | $172.2m | $190.0m | $198.5m | — | |
| Proceeds from Stock Options Exercised | $4.1m | — | — | — | — | — | — | — | — | — | — | |
| Parent Company | $5.8m | $23.1m | $26.7m | $29.6m | $32.5m | $39.0m | $43.0m | $41.6m | $44.3m | $45.4m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $84.3m | $143.2m | $168.5m | $124.9m | $110.1m | $128.4m | $357.4m | $426.8m | $347.1m | — | |
| Income Taxes Paid, Net | $88.9m | $85.8m | $8.4m | $56.9m | $123.6m | $136.2m | $15.1m | $19.1m | $44.2m | $61.1m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | ($3.3m) | $1.9m | — | $100k | ($100k) | — | — | ($400k) | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | ($900k) | $1.2m | $100k | $200k | ($100k) | $100k | — | ($400k) | — | |
| Goodwill | $251.8m | $251.8m | $291.4m | $291.4m | $267.4m | $267.4m | $267.4m | $267.4m | $267.4m | $267.4m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | $409.4m | $374.5m | $113.1m | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | $431.3m | $386.1m | $119.3m | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | $38.4m | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $83.5m | $110.1m | $35.0m | $67.3m | $133.1m | $118.0m | $36.8m | $31.1m | $31.0m | $49.0m | — | |
| Proceeds from (Payments to) Noncontrolling Interests | $790k | ($1.9m) | $17.4m | ($6.4m) | ($20.9m) | ($11.8m) | ($6.1m) | ($7.6m) | ($9.0m) | ($5.6m) | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | — | $8.3m | $18.4m | $941k | $7.3m | — | |
| Realized Investment Gains (Losses) | — | $16k | — | ($2.5m) | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($1.7b) | ($332.5m) | ($174.3m) | ($714.2m) | $389.0m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($877.3m) | $158.3m | $354.2m | ($364.8m) | ($555.7m) | |
| Cash From Discontinued Investing Activities | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($1.4b) | $268.8m | $453.8m | ($1.1b) | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($107.0m) | $239.0m | $25.3m | $34.5m | $46.5m | |
| Change In Payable | — | — | — | — | — | — | ($734.2m) | $413.6m | ($64.5m) | $118.6m | $46.8m | |
| Changes In Cash | — | — | — | — | — | — | ($1.4b) | $268.8m | $453.8m | ($1.1b) | ($261.3m) | |
| End Cash Position | — | — | — | — | — | — | $1.6b | $1.9b | $2.4b | $1.3b | $769.0m | |
| Financing Cash Flow | — | — | — | — | — | — | ($1.7b) |
($332.5m)
+80.55%
|
($174.3m)
+47.58%
|
($714.2m)
-309.76%
|
$389.0m
+154.47%
|
|
| Free Cash Flow | — | — | — | — | — | — | $1.2b | $434.5m | $266.8m | ($55.5m) | ($122.7m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($877.3m) | $158.3m | $354.2m | ($364.8m) | ($555.7m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($356.5m) | $233.3m | $212.8m | ($19.5m) | $9.9m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($5.3m) | ($4.2m) | $515k | $58.1m | ($14.7m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($305.9m) | ($181.2m) | ($199.2m) | ($245.2m) | ($208.7m) | |
| Other Non Cash Items | — | — | — | — | — | — | $1.2b | $215.4m | $240.8m | ($11.2m) | — | |
| Purchase Of Investment | — | — | — | — | — | — | ($781.7m) | ($85.1m) | ($117.6m) | ($395.3m) | ($368.9m) | |
| Purchase Of PPE | $41.9m | $31.2m | $68.1m | $42.3m | $37.7m | $24.8m | ($9.8m) | ($8.5m) | ($7.1m) | ($16.8m) | ($28.1m) | |
| Sale Of Investment | — | — | — | — | — | — | $425.2m | $318.4m | $330.4m | $375.8m | $378.8m | |
| Sale Of PPE | — | — | — | — | — | — | $4.5m | $4.3m | $7.6m | $74.9m | $13.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.