Westwood Holdings Group, Inc. (WHG)

Westwood Holdings Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	7.25	2.22	9.52	-4.63	9.76	-8.95
Depreciation & Amortization	4.72	4.75	4.82	2.58	2.37	2.64
Loss (Gain) From Sale of Assets	-	-	0.07	-	-0.15	0.05
Asset Writedown & Restructuring Costs	-	-	-	-	-	3.4
Loss (Gain) From Sale of Investments	-1.71	-0.79	-0.84	2.14	-6.53	1.06
Stock-Based Compensation	5.14	5.54	6.52	6	5.84	6.7
Other Operating Activities	1.45	4.47	-4.7	0.19	1.86	6.42
Change in Accounts Receivable	0.03	-0.06	0.14	-0.31	-1.7	3.68
Change in Accounts Payable	0.47	0.28	-0.45	1.25	1.01	-0.53
Change in Income Taxes	1.56	-0.09	0.24	-0.69	1.75	-0.69
Change in Other Net Operating Assets	-6.68	-1.24	0.11	-4.02	0.66	-4
Operating Cash Flow	19.85	21.12	-1.19	51.49	19.39	-9.77
Operating Cash Flow Growth	18.77%	-	-	165.62%	-	-
Capital Expenditures	-0.16	-0.11	-0.15	-0.32	-0.18	-0.09
Sale of Property, Plant & Equipment	-	-	-	-	0.5	0.09
Cash Acquisitions	-	-	-0.74	-33.42	-	-
Sale (Purchase) of Intangibles	-1.45	-1	-	-	-	-
Investment in Securities	-4	-3.5	-	-	9.24	-
Other Investing Activities	-	-	5	-	-	-
Investing Cash Flow	-5.61	-4.61	4.11	-33.74	9.57	-0
Repurchase of Common Stock	-1.33	-2.29	-0.86	-3.48	-3.87	-14.77
Common Dividends Paid	-5.35	-5.44	-5.5	-5.63	-22.93	-11.04
Other Financing Activities	-8.74	-10.36	-	-	-	-
Financing Cash Flow	-15.43	-18.08	-6.36	-9.1	-26.81	-25.81
Foreign Exchange Rate Adjustments	-	-	-	0.01	0.05	-1.16
Net Cash Flow	-1.19	-1.58	-3.44	8.65	2.19	-36.75
Free Cash Flow	19.69	21.01	-1.33	51.17	19.21	-9.86
Free Cash Flow Growth	18.27%	-	-	166.41%	-	-
Free Cash Flow Margin	20.46%	22.18%	-1.48%	74.50%	26.29%	-15.15%
Free Cash Flow Per Share	2.23	2.47	-0.16	6.52	2.42	-1.24
Cash Income Tax Paid	2.22	3.43	1.59	1.86	1.86	1.27
Levered Free Cash Flow	21.19	14.36	19.66	5.96	16.24	1.9
Unlevered Free Cash Flow	21.19	14.36	19.66	5.96	16.24	1.9
Change in Working Capital	3	4.94	-16.58	45.21	6.23	-21.1

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q