Employers Holdings, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $10.8M | $118.6M | $118.1M | $48.4M | $119.3M | $119.8M | $157.1M | $141.3M |
| Depreciation & Amortization | $14.2M | $16.7M | $21.5M | $21.7M | $7.4M | $8.2M | $9.0M | $6.3M |
| Depreciation | $3.6M | $3.6M | $4.8M | $5.3M | $7.4M | $8.2M | $9.0M | $6.1M |
| Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $200.0K |
| Stock-Based Compensation | $5.0M | $6.3M | $6.2M | $5.1M | $9.1M | $9.7M | $10.1M | $9.4M |
| Net Cash from Operating Activities | $44.7M | $76.4M | $49.4M | $99.8M | $10.8M | $33.0M | $122.5M | $180.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $100.0K | $100.0K | $0 | $100.0K | $300.0K | $100.0K | $700.0K | $300.0K |
| Business Acquisitions | — | — | — | — | $0 | $0 | $16.1M | $0 |
| Net Cash from Investing Activities | $225.9M | $-159.7M | $377.3M | $-146.1M | $-1.7M | $84.3M | $49.2M | $-119.6M |
| Financing Activities | ||||||||
| Dividends Paid | $29.9M | $30.3M | $29.7M | $90.3M | $29.0M | $30.5M | $28.3M | $26.7M |
| Stock Repurchases | $182.8M | $42.6M | $76.1M | $30.4M | $42.6M | $99.4M | $67.5M | $4.2M |
| Net Cash from Financing Activities | $-179.1M | $-74.8M | $-289.5M | $60.4M | $-94.4M | $-111.9M | $-118.5M | $-32.9M |
| Net Change in Cash | $91.5M | $-158.1M | $137.2M | $14.1M | $-85.3M | $5.4M | $53.2M | $27.7M |
| Free Cash Flow | $44.6M | $76.3M | $49.4M | $99.7M | $10.5M | $32.9M | $121.8M | $179.9M |