Selective Insurance Group, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $466.4M | $207.0M | $365.2M | $224.9M | $403.8M | $246.4M | $271.6M | $178.9M |
| Depreciation & Amortization | $32.7M | $34.8M | $30.0M | $42.3M | $55.1M | $59.4M | $55.2M | $44.9M |
| Depreciation | $26.3M | $26.5M | $24.7M | $24.6M | $24.3M | $21.5M | $18.7M | $19.5M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $23.1M | $22.8M | $18.3M | $18.4M | $15.9M | $16.2M | $19.1M | $14.5M |
| Net Cash from Operating Activities | $1.23B | $1.10B | $758.9M | $802.4M | $771.4M | $554.0M | $477.5M | $454.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $38.7M | $30.8M | $22.6M | $26.0M | $22.2M | $22.1M | $31.0M | $16.1M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.49B | $-947.4M | $-686.4M | $-734.4M | $-618.8M | $-688.2M | $-543.6M | $-435.7M |
| Financing Activities | ||||||||
| Dividends Paid | $92.9M | $84.9M | $73.8M | $66.9M | $60.1M | $54.5M | $47.7M | $42.1M |
| Stock Repurchases | $92.6M | $15.6M | $7.9M | $18.3M | $9.1M | $7.1M | $8.2M | $6.6M |
| Net Cash from Financing Activities | $207.5M | $-102.8M | $-84.5M | $-87.8M | $-122.8M | $141.4M | $57.2M | $-47.0M |
| Net Change in Cash | — | — | — | — | — | — | $-8.9M | $-27.8M |
| Free Cash Flow | $1.19B | $1.07B | $736.3M | $776.4M | $749.3M | $532.0M | $446.5M | $438.8M |