← EVEREST GROUP, LTD.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $597.0m $2.5b $1.4b $1.6b
Net Income (Loss) Attributable to Parent — — — — — — $597.0m $2.5b $1.4b $1.6b
Net Income (Loss) Available to Common Stockholders, Basic $792.4m $259.0m ($111.5m) $766.4m $261.8m $1.1b $337.0m $2.5b $1.4b $1.6b
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $996.3m $469.0m $103.6m $1.0b $514.2m $1.4b $597.0m — — —
Amortization of Debt Issuance Costs $4k — — — — — — — — —
Deferred Policy Acquisition Costs, Amortization Expense $1.2b $1.3b $1.5m $1.7b $1.9b — — — — —
Amortization Of Securities — — — — — — $55.0m ($64.0m) ($167.0m) ($166.0m)
Deferred Income Tax Expense (Benefit) $68.3m $50.5m ($297.9m) $80.2m $176.0m $40.6m ($90.0m) ($654.0m) ($51.0m) ($42.0m)
Share-based Payment Arrangement, Noncash Expense $26.4m $30.3m $32.4m $34.0m $39.2m $43.4m $45.0m $49.0m $63.0m $61.0m
Payment, Tax Withholding, Share-based Payment Arrangement — $12.9m $16.9m $13.6m $15.9m $17.1m $20.0m $24.0m $25.0m $22.0m
Gain (Loss) on Disposition of Assets — — — — — — — — — ($112.0m)
Income Tax Expense (Benefit) $103.5m ($63.8m) ($330.0m) $89.5m $71.2m $166.5m ($9.0m) ($363.0m) $120.0m $296.0m
Operating Lease, Expense — — — $7.8m $7.8m $7.8m — — — —
Additional Financial Items
Debt and Equity Securities, Gain (Loss) — — ($119.0m) $205.9m $269.4m $285.9m — — — —
Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded — — — — $32.9m $28.7m — — — —
Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded — — — — — — — $24.0m $9.0m $42.0m
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims $3.1b $4.5b $5.7b $4.9b $6.6b $7.4b $8.1b $8.4b $11.3b $10.9b
Proceeds from Stock Options Exercised $16.4m $8.3m $6.9m $8.5m — — — — — —
Realized Investment Gains (Losses) ($7.2m) $153.2m ($127.1m) $185.0m $267.6m $257.9m $38.0m — — —
Unrealized Gain (Loss) on Investments — — — — — — ($460.0m) — — ($1.0m)
Beginning Cash Position — — — — — — $1.4b $1.4b $1.4b $1.5b
Cash Flow From Continuing Financing Activities — — — — — — ($359.0m) $1.4b ($383.0m) ($1.2b)
Cash Flow From Continuing Investing Activities — — — — — — ($3.4b) ($5.9b) ($4.5b) ($2.1b)
Change In Account Payable — — — — — — $201.0m $18.0m $135.0m ($235.0m)
Change In Other Working Capital — — — — — — ($572.0m) ($1.1b) ($969.0m) ($677.0m)
Change In Payable — — — — — — $201.0m $18.0m $135.0m ($235.0m)
Change In Payables And Accrued Expense — — — — — — $201.0m $18.0m $135.0m ($235.0m)
Change In Prepaid Assets — — — — — — ($363.0m) ($112.0m) ($313.0m) $498.0m
Change In Receivables — — — — — — ($848.0m) ($921.0m) ($1.8b) ($1.6b)
Change In Working Capital — — — — — — $2.4b $1.7b $3.5b $1.2b
Changes In Account Receivables — — — — — — ($848.0m) ($921.0m) ($1.8b) ($1.6b)
Changes In Cash — — — — — — ($82.0m) $60.0m $96.0m ($203.0m)
End Cash Position — — — — — — $1.4b $1.4b $1.5b $1.3b
Financing Cash Flow — — — — — — ($359.0m) $1.4b ($383.0m) ($1.2b)
Free Cash Flow — — — — — — $3.7b $4.6b $5.0b $3.1b
Gain Loss On Investment Securities — — — — — — $455.0m $276.0m ($19.0m) $143.0m
Investing Cash Flow — — — — — — ($3.4b) ($5.9b) ($4.5b) ($2.1b)
Issuance Of Capital Stock — — — — — — $0 $1.4b $0 $0
Operating Gains Losses — — — — — — $455.0m $276.0m ($19.0m) $143.0m
Other Non Cash Items — — — — — $1.0m ($1.0m) — $1.0m $1.0m
Proceeds From Stock Option Exercised — — — — — — ($17.0m) ($23.0m) ($24.0m) ($21.0m)
Repurchase Of Capital Stock — — — — — — ($61.0m) $0 ($200.0m) ($797.0m)
Stock Based Compensation — — — — — — $45.0m $49.0m $63.0m $61.0m
Gain (Loss) on Investments — — — — — — ($455.0m) ($276.0m) $19.0m ($143.0m)
Derivative, Gain (Loss) on Derivative, Net $18.6m $9.6m $520k $6.4m — — — — — —
Other Operating Income (Expense), Net ($10.6m) ($35.4m) ($9.1m) ($11.0m) $6.5m $37.0m ($102.0m) ($14.0m) $121.0m ($45.0m)
Net Cash Provided by (Used in) Operating Activities $1.4b $1.2b $610.1m $1.9b $2.9b $3.8b $3.7b $4.6b $5.0b $3.1b
Cash flows from investing activities:
Net Investment Purchase And Sale — — — — — — ($2.1b) ($5.4b) ($3.9b) ($2.2b)
Purchase Of Investment — — — — — — ($8.5b) ($11.8b) ($14.2b) ($10.4b)
Sale Of Investment — — — — — — $6.4b $6.4b $10.2b $8.2b
Net Other Investing Changes — — — — — — ($1.6b) ($721.0m) ($965.0m) ($258.0m)
Net Cash Provided by (Used in) Investing Activities ($657.9m) ($732.6m) ($279.6m) ($1.4b) ($3.7b) ($3.9b) ($3.4b) ($5.9b) ($4.5b) ($2.1b)
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale — $2.2b $2.0b $2.3b $2.6b $3.9b $2.6b $2.3b $3.8b $4.5b
Issuance Of Debt — — — — — — $0 $300.0m $200.0m $0
Long Term Debt Issuance — — — — — — $0 $300.0m $200.0m $0
Net Issuance Payments Of Debt — — — — — — $0 $300.0m $200.0m $0
Net Long Term Debt Issuance — — — — — $1.2b — $300.0m $200.0m —
Proceeds from Issuance of Common Stock $10.8m — — — — — — $1.4b $0 $0
Common Stock Issuance — — — — — — $0 $1.4b $0 $0
Net Common Stock Issuance — — — — — — ($61.0m) $1.4b ($200.0m) ($797.0m)
Payments for Repurchase of Common Stock $386.3m $50.0m $75.3m $24.6m $200.0m $225.1m $61.0m $0 $200.0m $797.0m
Payments of Ordinary Dividends, Common Stock $195.4m $207.2m $216.2m $234.3m $249.1m $246.7m $255.0m $288.0m $334.0m $335.0m
Common Stock Payments — — — — — — ($61.0m) $0 ($200.0m) ($797.0m)
Cash Dividends Paid — — — — — — ($255.0m) ($288.0m) ($334.0m) ($335.0m)
Common Stock Dividend Paid — — — — — — ($255.0m) ($288.0m) ($334.0m) ($335.0m)
Dividend Received CFO — — — — — — $180.0m $120.0m $163.0m $195.0m
Dividends Received CFI — — — — — — $266.0m $245.0m $409.0m $334.0m
Net Other Financing Charges — — — — — — ($26.0m) ($25.0m) ($25.0m) ($22.0m)
Net Cash Provided by (Used in) Financing Activities ($570.9m) ($275.5m) ($316.6m) ($275.7m) $800.2m $674.2m ($359.0m) $1.4b ($383.0m) ($1.2b)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — ($11.9m) $3.2m $639k $39.0m ($23.0m) $16.0m ($28.0m)
Effect Of Exchange Rate Changes — — — — — — $39.0m ($23.0m) $16.0m ($28.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — $151.9m ($6.4m) $639.2m ($42.0m) $38.0m $112.0m ($231.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $808.0m $801.7m $1.4b $1.4b $1.4b $1.5b $1.3b
Cash, Cash Equivalents, and Short-term Investments $158.6m $184.0m $240.4m $281.1m $349.9m $374.6m $283.0m $308.0m $331.0m —
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($42.0m) $38.0m $112.0m ($231.0m)
Interest Paid, Excluding Capitalized Interest, Operating Activities $36.0m $32.2m $30.4m $31.7m $28.4m $62.4m $98.0m $130.0m $147.0m $150.0m
Income Taxes Paid, Net $42.6m $53.7m ($65.1m) ($148.6m) ($169.7m) $98.0m $171.0m $196.0m $397.0m $150.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.