← STEWART INFORMATION SERVICES CORP
| 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 | $55.5m |
$48.7m
-12.29%
|
$47.5m
-2.33%
|
$78.6m
+65.43%
|
$154.9m
+97.04%
|
$323.2m
+108.65%
|
$162.3m
-49.78%
|
$30.4m
-81.25%
|
$73.3m
+140.84%
|
$115.5m
+57.60%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $68.4m | $60.1m | $59.0m | $90.3m | $169.7m | $340.0m | $181.8m | $45.6m | $88.2m | $130.2m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($12.9m) | ($11.5m) | $11.5m | $11.7m | $14.8m | $16.8m | $19.5m | $15.2m | $14.8m | $14.6m | — | |
| Depreciation and amortization | $30.0m | $25.9m | $24.9m | $22.5m | $19.2m | $36.4m | $57.2m | $62.4m | $61.6m | $61.1m | $65.1m | |
| Amortization of Intangible Assets | $5.5m | $3.8m | $4.6m | $4.2m | $5.1m | $19.2m | $33.0m | $34.6m | $32.1m | $31.9m | — | |
| Amortization Of Securities | — | — | — | — | — | — | $2.2m | $486k | ($792k) | ($1.5m) | ($1.7m) | |
| Deferred Income Tax Expense (Benefit) | — | $8.3m | $256k | $8.7m | ($9.7m) | $12.6m | $293k | ($6.8m) | $4.6m | $8.3m | — | |
| Share-based Payment Arrangement, Noncash Expense | $3.0m | $5.3m | $4.8m | $2.1m | $5.8m | $12.0m | $12.3m | $10.9m | $13.6m | $17.1m | $18.2m | |
| Share-based Payment Arrangement, Expense | $3.0m | $5.3m | $4.8m | $2.1m | $5.8m | $12.0m | $11.5m | $10.1m | $12.7m | $16.1m | $18.2m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | $2.7m | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | $0 | — | — | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | $9.9m | — | — | — | — | — | — | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | — | — | ($2.7m) | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $2.8m | $2.2m | $1.9m | $3.0m | $3.5m | $9.5m | $3.3m | $1.1m | $1.8m | $2.5m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($3.3m) | ($1.1m) | ($1.8m) | ($2.5m) | ($2.6m) | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($74.6m) | ($15.4m) | ($11.8m) | ($2.9m) | $13.1m | |
| Change In Receivables | — | — | — | — | — | — | $10.2m | ($5.4m) | ($12.1m) | ($14.8m) | ($33.0m) | |
| Increase (Decrease) in Other Operating Assets | ($391k) | $4.5m | ($4.5m) | ($6.9m) | $5.4m | $5.9m | ($2.5m) | ($3.2m) | $17.5m | $20.1m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | $2.5m | $3.2m | ($17.5m) | ($20.1m) | ($12.6m) | |
| Net Cash Provided by (Used in) Operating Activities | $123.0m |
$108.1m
-12.11%
|
$84.2m
-22.11%
|
$166.4m
+97.63%
|
$275.8m
+65.79%
|
$390.3m
+41.51%
|
$191.9m
-50.84%
|
$83.0m
-56.72%
|
$135.6m
+63.30%
|
$205.7m
+51.68%
|
$238.2m
+15.80%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($47.9m) | ($37.8m) | ($40.5m) | ($73.4m) | ($88.2m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $27.1m | $33.9m | $29.6m | $48.7m | $58.7m | $74.5m | $37.1m | $71.8m | $94.0m | $73.8m | — | |
| Gain (Loss) on Sale of Investments | — | — | $1.3m | — | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | ($1.3m) | $17.4m | $18.7m | $0 | $199.5m | $600.0m | $142.9m | $25.1m | $14.4m | $370.0m | ($389.3m) | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | $18.4m | ($446k) | $8.1m | ($3.1m) | ($6.9m) | — | |
| Net Other Investing Changes | — | — | — | — | — | — | $1.2m | ($6.0m) | ($5.2m) | ($14.9m) | ($6.7m) | |
| Net Cash Provided by (Used in) Investing Activities | ($56.8m) | ($103.9m) | $9.4m | $7.0m | ($231.4m) | ($645.3m) | ($300.7m) | ($30.0m) | ($87.3m) | ($368.6m) | ($412.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Debt and Equity Securities, Gain (Loss) | — | — | — | — | — | — | — | — | — | $4.4m | — | |
| Debt and Equity Securities, Realized Gain (Loss) | — | — | — | — | ($600k) | — | — | — | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $39.5m | $3.5m | $3.4m | $201.2m | $202.9m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $39.5m | $3.5m | $3.4m | $201.2m | $202.9m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($76.5m) | ($5.8m) | ($3.4m) | ($1.2m) | ($3.0m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($37.0m) | ($2.2m) | $9k | $200.0m | $199.9m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($37.0m) | ($2.2m) | $9k | $200.0m | $199.9m | |
| Repayment Of Debt | — | — | — | — | — | — | ($76.5m) | ($5.8m) | ($3.4m) | ($1.2m) | ($3.0m) | |
| Payments for Repurchase of Common Stock | $1.1m | $727k | $1.2m | $532k | $1.1m | $2.3m | $3.3m | $1.8m | $3.8m | $3.9m | — | |
| Payments of Ordinary Dividends, Common Stock | $27.8m | $28.1m | $28.3m | $28.3m | $30.2m | $36.6m | $44.7m | $50.5m | $53.9m | $58.5m | ($63.3m) | |
| Proceeds from Issuance of Common Stock | — | — | $0 | $0 | $109.0m | $0 | $0 | $0 | $0 | $140.8m | $140.8m | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($44.7m) | ($50.5m) | ($53.9m) | ($58.5m) | ($63.3m) | |
| Common Stock Issuance | — | — | — | — | — | — | $0 | $0 | $0 | $140.8m | $140.8m | |
| Common Stock Payments | — | — | — | — | — | — | ($3.3m) | ($1.8m) | ($3.8m) | ($3.9m) | ($5.7m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $0 | $0 | $0 | $140.8m | $140.8m | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($3.3m) | ($1.8m) | ($3.8m) | $136.9m | $135.1m | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($3.3m) | ($1.8m) | ($3.8m) | ($3.9m) | ($5.7m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($44.7m) | ($50.5m) | ($53.9m) | ($58.5m) | ($63.3m) | |
| Dividend Received CFO | — | — | — | — | — | — | $3.7m | $1.4m | $1.4m | $2.2m | $2.4m | |
| Proceeds from (Payments for) Other Financing Activities | $86k | $0 | $0 | $25k | ($311k) | ($7.4m) | $115k | $0 | $54k | ($1.3m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($44.1m) | ($19.5m) | ($13.8m) | ($20.7m) | ($21.0m) | |
| Net Cash Provided by (Used in) Financing Activities | ($59.3m) |
($43.6m)
+26.54%
|
($47.8m)
-9.55%
|
($37.8m)
+20.93%
|
$54.3m
+243.80%
|
$310.4m
+471.58%
|
($123.2m)
-139.70%
|
($69.1m)
+43.92%
|
($61.0m)
+11.78%
|
$265.2m
+535.07%
|
$258.2m
-2.64%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $138.5m | $102.1m | $53.2m | ($237.6m) | ($15.0m) | ($17.1m) | $105.5m | $261.9m | |
| Beginning Cash Position | — | — | — | — | — | — | $485.9m | $248.4m | $233.4m | $216.3m | $178.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $330.6m | $432.7m | $485.9m | $248.4m | $233.4m | $216.3m | $321.8m | $261.9m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $2.9m | $3.3m | ($2.2m) | ($5.5m) | $1.0m | ($4.5m) | $3.2m | ($307k) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($5.5m) | $1.0m | ($4.5m) | $3.2m | ($307k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $3.0m | $3.5m | $4.2m | $4.2m | $2.6m | $2.8m | $17.4m | $17.2m | $17.5m | $17.8m | — | |
| Income Taxes Paid, Net | $15.3m | ($1.6m) | $12.9m | $12.0m | $44.8m | $106.1m | $60.1m | $5.3m | $25.8m | $24.3m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Gain (Loss) | — | — | ($2.5m) | $4.8m | ($3.1m) | $19.4m | ($2.2m) | $3.0m | $12.9m | $11.2m | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | ($376k) | $783k | ($826k) | $1.6m | $395k | $975k | $220k | $6.0m | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | ($2.2m) | $4.0m | ($2.3m) | $17.7m | ($2.5m) | $2.1m | $12.6m | $5.2m | — | |
| Gain (Loss) on Disposition of Assets | ($2.9m) | ($160k) | $208k | $0 | $0 | $6.1m | — | — | — | — | — | |
| Gain (Loss) on Disposition of Intangible Assets | — | — | — | — | — | — | $1.0m | — | — | — | — | |
| Gain (Loss) on Disposition of Business | ($3.3m) | — | — | — | — | — | ($3.6m) | — | ($800k) | ($2.9m) | — | |
| Gain (Loss) on Sale of Properties | $400k | — | — | — | — | — | — | — | — | — | — | |
| Goodwill | $217.1m | $231.4m | $248.9m | $248.9m | $431.5m | $924.8m | $1.1b | $1.1b | $1.1b | $1.3b | — | |
| Income Tax Expense (Benefit) | $19.6m | $14.9m | $13.5m | $26.7m | $48.8m | $94.0m | $50.9m | $15.3m | $26.2m | $35.4m | — | |
| Operating Lease, Expense | — | — | — | $42.5m | $41.1m | $46.5m | $53.2m | $49.6m | $46.3m | $46.6m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($123.2m) | ($69.1m) | ($61.0m) | $265.2m | $258.2m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($300.7m) | ($30.0m) | ($87.3m) | ($368.6m) | ($412.6m) | |
| Change In Account Payable | — | — | — | — | — | — | ($87.5m) | ($6.4m) | $13.3m | $23.8m | $43.4m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($237.6m) | ($15.0m) | ($17.1m) | $105.5m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $293k | ($6.8m) | $4.5m | $8.3m | $15.3m | |
| Change In Payable | — | — | — | — | — | — | ($87.5m) | ($6.4m) | $13.3m | $23.8m | $43.4m | |
| Changes In Cash | — | — | — | — | — | — | ($232.0m) | ($16.0m) | ($12.6m) | $102.3m | $83.8m | |
| End Cash Position | — | — | — | — | — | — | $248.4m | $233.4m | $216.3m | $321.8m | $261.9m | |
| Financing Cash Flow | — | — | — | — | — | — | ($123.2m) |
($69.1m)
+43.92%
|
($61.0m)
+11.78%
|
$265.2m
+535.07%
|
$258.2m
-2.64%
|
|
| Free Cash Flow | — | — | — | — | — | — | $143.9m | $45.3m | $95.1m | $132.3m | $150.0m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($1.1m) | $2.1m | ($302k) | ($394k) | ($2.9m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($300.7m) | ($30.0m) | ($87.3m) | ($368.6m) | ($412.6m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($142.9m) | ($25.1m) | ($14.4m) | ($370.0m) | ($389.3m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($111.0m) | $38.9m | ($27.2m) | $89.7m | $74.4m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($47.9m) | ($37.8m) | ($40.5m) | ($73.4m) | ($91.0m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($4.3m) | $1.0m | ($2.1m) | ($2.9m) | ($5.6m) | |
| Other Non Cash Items | — | — | — | — | — | — | $11.1m | ($21.4m) | ($1.9m) | $7.6m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $5.8m | $5.0m | $10.6m | $7.5m | $7.6m | |
| Purchase Of Business | — | — | — | — | — | — | ($142.9m) | ($25.1m) | ($14.4m) | ($370.0m) | ($389.3m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($214.8m) | ($93.3m) | ($157.8m) | ($125.0m) | ($121.1m) | |
| Purchase Of PPE | — | — | — | — | — | — | ($47.9m) | ($37.8m) | ($40.5m) | ($73.4m) | ($88.2m) | |
| Sale Of Investment | — | — | — | — | — | — | $103.8m | $132.2m | $130.6m | $214.7m | $195.5m | |
| Sale Of PPE | — | — | — | — | — | $10.7m | $644k | $1.1m | — | — | $802k | |
| Stock Based Compensation | — | — | — | — | — | — | $12.3m | $10.9m | $13.6m | $17.1m | $18.2m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | $2.5m | ($2.1m) | ($12.6m) | ($5.2m) | ($11.5m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.