Hilltop Holdings Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $165.6M | $113.2M | $109.6M | $113.1M | $374.5M | $447.8M | $225.3M | $121.4M |
| Depreciation & Amortization | $15.7M | $19.9M | $19.6M | $32.6M | $24.6M | $21.9M | $-1.5M | $-5.3M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $1.0M | $1.8M | $2.9M | $4.0M | $5.1M | $6.3M | $7.6M | $8.0M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $-38.7M | $273.9M | $443.0M | $1.19B | $765.6M | $280.4M | $-433.0M | $389.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $16.8M | $7.1M | $8.5M | $9.8M | $24.8M | $37.7M | $42.3M | $67.7M |
| Business Acquisitions | — | — | — | — | — | — | — | $63.2M |
| Net Cash from Investing Activities | $-364.8M | $354.2M | $158.3M | $-877.3M | $-553.3M | $-827.7M | $-604.3M | $-289.7M |
| Financing Activities | ||||||||
| Dividends Paid | $45.4M | $44.3M | $41.6M | $43.0M | $39.0M | $32.5M | $29.6M | $26.7M |
| Stock Repurchases | $184.0M | $19.9M | $5.1M | $442.3M | $123.6M | $208.7M | $73.4M | $59.0M |
| Net Cash from Financing Activities | $-714.2M | $-174.3M | $-332.5M | $-1.71B | $1.48B | $1.26B | $901.6M | $4.6M |
| Net Change in Cash | $-1.12B | $453.8M | $268.8M | $-1.40B | $1.69B | $710.5M | $-135.7M | $104.5M |
| Free Cash Flow | $-55.5M | $266.8M | $434.5M | $1.18B | $740.9M | $242.7M | $-475.3M | $321.8M |