Heritage Insurance Holdings, Inc. (HRTG)

HRTG Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	36.48	195.59	61.54	45.31	-154.36	-74.73
Depreciation & Amortization	12.97	12.7	9.55	8.69	8.36	8.45
Stock-Based Compensation	5.11	5.39	3.25	1.36	2.01	1.16
Other Adjustments	11.08	-0.39	-5.87	-0.42	84.77	60.57
Changes in Receivables	15.04	6.41	-12.7	2.4	-20.82	5.55
Changes in Reinsurance Contract Assets	333.55	424.4	-273.36	335.39	-576.77	65.59
Changes in Deferred Acquisition Costs	-0.46	-1.34	6.05	-3.27	-5.74	-4.62
Changes in Accounts Payable	-49.57	5.74	67.24	-39.98	8.08	29.81
Changes in Accrued Expenses	-5.43	0.04	-0.71	2.46	-1.42	-1.29
Changes in Unearned Premiums	-3.77	5.22	26.79	19.28	66.22	20.8
Changes in Claims Reserves	-304.89	-463.21	196.73	-285.85	541.64	-69.18
Changes in Income Taxes Payable	-5.14	3.44	14.2	-1.24	-0.38	20.49
Changes in Other Operating Activities	-1.61	-11.75	-5.62	-13.71	14.16	-2.48
Operating Cash Flow	206.27	182.24	87.1	70.42	-34.26	60.13
Operating Cash Flow Growth	146.66%	109.24%	23.69%	-	-	-64.67%
Capital Expenditures	-7.79	-8.07	-8.23	-9.89	-7.71	-1.01
Sale of Property, Plant & Equipment	3.2	3.18	-	-	-	-
Purchases of Investments	-399.72	-344.67	-287.24	-230.9	-131.23	-334.58
Proceeds from Sale of Investments	330.81	316.88	203.87	341.59	101.07	211.11
Investing Cash Flow	-73.51	-32.67	-91.6	100.81	-37.86	-124.48
Long-Term Debt Issued	-	-	5.5	-	35	2.78
Long-Term Debt Repaid	-15.34	-36.05	-9.77	-9.68	-27.85	-4.93
Net Long-Term Debt Issued (Repaid)	-15.34	-36.05	-4.27	-9.68	7.15	-2.15
Issuance of Common Stock	-	-	-0	24.67	-	-
Repurchase of Common Stock	-18.92	-4.58	-0.97	-0.43	-7.44	-8.42
Net Common Stock Issued (Repurchased)	-18.92	-4.58	-0.97	24.24	-7.44	-8.42
Common Dividends Paid	-	-	-	-	-	-6.71
Other Financing Activities	-	-	0.05	-0.01	-4.77	-
Financing Cash Flow	-38.83	-40.63	-5.19	14.55	-5.06	-17.28
Net Cash Flow	93.93	108.94	-9.69	185.77	-77.18	-81.63
Free Cash Flow	198.47	174.16	78.87	60.53	-41.97	59.12
Free Cash Flow Growth	13.96%	120.84%	30.30%	-	-	-65.11%
FCF Margin	23.39%	20.55%	9.65%	8.23%	-6.34%	9.36%
Free Cash Flow Per Share	6.41	5.63	2.57	2.31	-1.59	2.13
Levered Free Cash Flow	459.01	589.91	-106.83	333.35	-642.42	58.88
Unlevered Free Cash Flow	479.78	631.91	-94.42	352.8	-641.39	68.86

Updated May 8, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q