Old Republic International Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $935.4M | $852.7M | $598.6M | $686.4M | $1.53B | $558.6M | $1.06B | $370.5M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $35.4M | $39.3M | $33.0M | $28.3M | $27.2M | $26.9M | $26.8M | $27.6M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $1.16B | $1.23B | $880.4M | $1.17B | $1.31B | $1.19B | $936.2M | $760.5M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | $0 | $0 | $1.2M | $13.1M |
| Net Cash from Investing Activities | $-177.2M | $-3.9M | $25.3M | $-415.0M | $-936.5M | $-845.2M | $-424.6M | $-239.5M |
| Financing Activities | ||||||||
| Dividends Paid | $782.6M | $271.9M | $275.5M | $579.7M | $1.02B | $250.1M | $538.7M | $498.8M |
| Stock Repurchases | $123.8M | $942.2M | $535.3M | $281.2M | $0 | $0 | — | — |
| Net Cash from Financing Activities | $-925.7M | $-1.23B | $-783.2M | $-832.7M | $-335.7M | $-300.0M | $-533.1M | $-546.5M |
| Net Change in Cash | $61.3M | $2.4M | $122.5M | $-77.1M | $39.4M | $39.8M | $-21.4M | $-25.6M |
| Free Cash Flow | — | — | — | — | — | — | — | — |