For the year ending 2025-12-31, HRTG had $108,936K increase in cash & cash equivalents over the period. $174,164K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 195,594 |
| Stock-based compensation | 5,388 |
| Bond amortization and accretion | 779 |
| Amortization of original issuance discount on debt | 363 |
| Depreciation and amortization | 12,699 |
| Provision for credit losses | 368 |
| Net realized (gains) losses | 2,713 |
| Deferred income taxes | 2,375 |
| Goodwill or intangible asset impairment | 0 |
| Accrued investment income | 964 |
| Premiums receivable, net | -6,413 |
| Prepaid reinsurance premiums | -2,763 |
| Reinsurance recoverable on paid and unpaid claims | -421,638 |
| Income taxes receivable | 0 |
| Deferred policy acquisition costs, net | 1,340 |
| Right-of-use asset, net | -3,456 |
| Other assets | 11,157 |
| Unpaid losses and loss adjustment expenses | -463,210 |
| Unearned premiums | 5,216 |
| Reinsurance payable | 5,741 |
| Income taxes payable | 3,436 |
| Debt issuance costs | -2,204 |
| Accrued interest | 121 |
| Advance premiums | -3,978 |
| Accrued compensation | -82 |
| Lease liability, net | -3,629 |
| Other liabilities | -1,233 |
| Net cash provided by operating activities | 182,238 |
| Fixed maturity securities sales, maturities and paydowns | 311,323 |
| Fixed maturity securities purchases | 344,644 |
| Redemption of equity securities | 893 |
| Return on other investments | 4,666 |
| Other investment sales | 0 |
| Equity securities reinvestments of dividends | 21 |
| Proceeds from the sale of property | 3,184 |
| Cost of property and equipment acquired | 8,074 |
| Net cash (used in) provided by investing activities | -32,673 |
| Proceeds from loan agreement | 0 |
| Issuance of common stock, net of offering costs | 0 |
| Mortgage loan payments | -10,787 |
| Principal payments on term loan facility | 6,063 |
| Repayment of loan agreement | 19,200 |
| Tax withholding on share-based compensation awards | 2,296 |
| Purchase of treasury stock | 2,283 |
| Dividends forfeited (paid) | 0 |
| Net cash (used in) provided by financing activities | -40,629 |
| Increase (decrease) in cash, cash equivalents, and restricted cash | 108,936 |
| Cash, cash equivalents and restricted cash, beginning of period | 463,645 |
| Cash, cash equivalents and restricted cash, end of period | 572,581 |
Heritage Insurance Holdings, Inc. (HRTG)
Heritage Insurance Holdings, Inc. (HRTG)