Assurant Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-	760.2	642.5	276.6	1,362
Depreciation & Amortization	-	223.5	196.4	182	171.6
Gain (Loss) on Sale of Assets	-	8.6	-	-	-
Gain (Loss) on Sale of Investments	-	75.8	68.7	179.7	-128.2
Stock-Based Compensation	-	81.1	75.1	62.6	66.7
Change in Accounts Receivable	-	172.8	120.6	-465.6	-424.2
Reinsurance Recoverable	-	-892.2	345.6	-809.5	-446.9
Change in Income Taxes	-	-116.5	-92.9	88.2	-145.8
Change in Insurance Reserves / Liabilities	-	1,192	9.4	1,877	1,454
Change in Other Net Operating Assets	-	-287.6	3.3	-380.6	107
Other Operating Activities	-	179.1	-139.9	42.2	-609.9
Operating Cash Flow	-	1,333	1,138	596.9	781.7
Operating Cash Flow Growth	-	17.10%	90.67%	-23.64%	-41.75%
Capital Expenditures	-	-221.3	-202.5	-186.3	-187.4
Cash Acquisitions	-	-12.9	-0.3	-72.5	-16.6
Investment in Securities	-	-402.1	-402.1	31.1	-697.9
Other Investing Activities	-	0.1	2.4	0.6	-142
Investing Cash Flow	-	-657.8	-637.7	-262.1	157.6
Long-Term Debt Issued	-	-	173.2	-	347.2
Total Debt Issued	-	-	173.2	-	347.2
Total Debt Repaid	-	-	-225	-75.9	-419.8
Net Debt Issued (Repaid)	-	-	-51.8	-75.9	-72.6
Repurchases of Common Stock	-	-321.6	-197.3	-592.3	-854.9
Common Dividends Paid	-	-155.9	-152.3	-150.2	-157.6
Preferred Dividends Paid	-	-	-	-	-4.7
Total Dividends Paid	-	-155.9	-152.3	-150.2	-162.3
Other Financing Activities	-	-	-2.5	-	-
Financing Cash Flow	-	-477.5	-403.9	-818.4	-1,090
Foreign Exchange Rate Adjustments	-	-17.1	-5.8	-34.5	-23.3
Net Cash Flow	-	180.3	90.7	-518.1	-173.8
Free Cash Flow	-	1,111	935.6	410.6	594.3
Free Cash Flow Growth	-	18.79%	127.86%	-30.91%	-51.32%
Free Cash Flow Margin	-	9.36%	8.40%	4.03%	5.83%
Free Cash Flow Per Share	-	21.14	17.40	7.50	9.88
Cash Interest Paid	-	107.4	107.4	108.6	109.8
Cash Income Tax Paid	-	-38.9	235.4	127.7	221.1
Levered Free Cash Flow	-	901.34	1,029	620.21	3,458
Unlevered Free Cash Flow	-	968.21	1,097	687.9	3,528
Change in Working Capital	-	-1	261	-195.8	-233.2

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.