← Kinsale Capital Group, 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 | $26.2m |
$24.9m
-4.84%
|
$33.8m
+35.69%
|
$63.3m
+87.40%
|
$88.4m
+39.65%
|
$152.7m
+72.65%
|
$159.1m
+4.23%
|
$308.1m
+93.63%
|
$414.8m
+34.65%
|
$503.6m
+21.40%
|
— | |
| Depreciation and amortization | $636k | $515k | $631k | $682k | $1.6m | $2.3m | $2.7m | $3.3m | $5.8m | $5.8m | $5.8m | |
| Deferred Policy Acquisition Costs, Amortization Expense | ($10.0m) | $24.1m | $29.4m | $39.4m | $57.9m | $78.6m | $101.0m | $123.5m | $147.0m | $182.6m | — | |
| Deferred Income Tax Expense (Benefit) | $561k | $1.1m | ($3.2m) | ($125k) | $616k | ($576k) | ($14.2m) | ($9.4m) | ($3.8m) | $343k | $343k | |
| Share-based Payment Arrangement, Noncash Expense | $492k | $652k | $1.6m | $2.7m | $3.6m | $4.8m | $6.7m | $9.4m | $14.1m | $17.9m | $17.9m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | $617k | $1.8m | $2.1m | $3.3m | $4.3m | $7.0m | $6.3m | — | |
| Share-based Payment Arrangement, Expense | $500k | $700k | $1.6m | $2.7m | $3.6m | $4.8m | $6.7m | $9.4m | $14.1m | $17.9m | $17.9m | |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss | — | — | — | $359k | $3.5m | $2.8m | $1.2m | $6.0m | $6.8m | $4.4m | — | |
| Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded | — | — | — | — | — | — | $366k | $1k | $3k | $0 | — | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $71.0m | $103.7m | $128.0m | $169.6m | $263.8m | $324.4m | $457.9m | $600.2m | $772.9m | $890.7m | — | |
| Net Cash Provided by (Used in) Operating Activities | $73.7m |
$77.4m
+4.96%
|
$104.0m
+34.34%
|
$178.4m
+71.53%
|
$280.0m
+56.97%
|
$407.0m
+45.39%
|
$557.8m
+37.04%
|
$859.8m
+54.14%
|
$976.3m
+13.55%
|
$1.0b
+6.91%
|
$1.0b
0.00%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $565k | $179k | $1.3m | $19.6m | $32.9m | $5.9m | $6.9m | $6.6m | $23.9m | $53.7m | ($34.9m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $48.6m | $88.9m | $89.5m | $67.9m | $93.8m | $216.1m | $110.4m | $176.5m | $452.4m | $626.1m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | $246k | $488k | $3.6m | $2.9m | $174k | ($522k) | $20k | $3.8m | — | |
| Gain (Loss) on Investments | $176k | $151k | $281k | $359k | $3.5m | $2.8m | $1.2m | $6.0m | $6.8m | $4.4m | ($4.4m) | |
| Net Cash Provided by (Used in) Investing Activities | ($88.1m) | ($42.4m) | ($106.5m) | ($230.8m) | ($379.4m) | ($352.0m) | ($708.6m) | ($860.9m) | ($960.1m) | ($922.2m) | ($745.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Proceeds from Issuance of Long-term Debt | — | — | — | — | $0 | $0 | $125.0m | $50.0m | $0 | $0 | $70.0m | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | $0 | $0 | $10.0m | $90.0m | — | |
| Proceeds from Issuance of Common Stock | $0 | $0 | — | $65.9m | $56.7m | $0 | $47.5m | $0 | $0 | — | $0 | |
| Dividends paid | $2.1m | $5.0m | $5.9m | $6.9m | $8.1m | $10.0m | $11.9m | $13.0m | $13.9m | $15.8m | ($19.3m) | |
| Net Cash Provided by (Used in) Financing Activities | $40.6m |
($4.0m)
-109.78%
|
($4.1m)
-3.20%
|
$77.8m
+1997.39%
|
$76.1m
-2.07%
|
($11.1m)
-114.63%
|
$186.0m
+1769.59%
|
($28.5m)
-115.34%
|
($29.7m)
-3.98%
|
($71.4m)
-140.69%
|
($217.8m)
-205.09%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $77.1m | $121.0m | $156.3m | $126.7m | $113.2m | $163.4m | $210.5m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | — | $2.4m | $10.5m | $10.3m | $10.4m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | $84.6m | $104.1m | $129.6m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | $35k | ($132k) | ($119k) | ($113k) | $1.1m | $2.3m | $6.8m | $555k | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | ($6.6m) | $12.4m | — | — | ($27.7m) | $15.3m | $43.4m | $58.8m | — | |
| Gains (Losses) on Sales of Investment Real Estate | — | — | — | — | $0 | $0 | — | $4.2m | ($5k) | $0 | — | |
| Income Tax Expense (Benefit) | $13.4m | $13.6m | $6.7m | $12.7m | $12.0m | $36.1m | $36.5m | $75.9m | $99.9m | $130.7m | — | |
| Proceeds from Stock Options Exercised | $0 | $1.1m | $1.8m | $2.8m | $3.6m | $982k | $1.1m | $877k | $1.3m | $681k | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.