Hilltop (HTH) financial statements
Hilltop reported revenue of $1.3B in fiscal 2025, down 3.0% a year over 9 years.
Net income was $166M.
Free cash flow was -$56M, and the company returned $45M in dividends and $184M in net buybacks.
The diluted share count fell 36% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Hilltop's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7B | $1.6B | $1.3B | $1.5B | $2.1B | $1.8B | $1.3B | $1.2B | $1.2B | $1.3B |
| Interest expense | $58M | $85M | $141M | $172M | $122M | $107M | $132M | $372M | — | — |
| Pre-tax income | $231M | $243M | $155M | $283M | $564M | $504M | $156M | $149M | $154M | $221M |
| Income tax | $83M | $110M | $34M | $64M | $133M | $118M | $37M | $31M | $31M | $49M |
| Net income | $146M | $133M | $121M | $225M | $448M | $374M | $113M | $110M | $113M | $166M |
| EPS (diluted) | $1.48 | $1.36 | $1.28 | $2.44 | $5.01 | $4.61 | $1.60 | $1.69 | $1.74 | $2.64 |
| Diluted shares | 99M | 97M | 95M | 92M | 89M | 81M | 71M | 65M | 65M | 63M |
| Net margin | 8.7% | 8.1% | 9.2% | 15.0% | 21.2% | 20.4% | 8.8% | 9.2% | 9.5% | 12.9% |
Balance sheet
Fiscal years, from Hilltop's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $691M | $487M | $48M | $40M | $45M | $40M | $40M | $35M | $38M | $39M |
| Property, plant and equipment | $190M | $178M | $237M | $210M | $212M | $204M | $185M | $169M | $148M | $133M |
| Goodwill | $252M | $252M | $291M | $267M | $267M | $267M | $267M | $267M | $267M | $267M |
| Total assets | $12.7B | $13.4B | $13.7B | $15.2B | $16.9B | $18.7B | $16.3B | $16.5B | $16.3B | $15.8B |
| Total liabilities | $10.9B | $11.5B | $11.7B | $13.0B | $14.6B | $16.1B | $14.2B | $14.3B | $14.0B | $13.6B |
| Shareholders' equity | $1.9B | $1.9B | $1.9B | $2.1B | $2.3B | $2.5B | $2.0B | $2.1B | $2.2B | $2.2B |
| Net debt | -$691M | -$487M | -$48M | -$40M | -$45M | -$40M | -$40M | -$35M | -$38M | -$39M |
Cash flow
Fiscal years, from Hilltop's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$161M | -$321M | $390M | -$433M | $280M | $766M | $1.2B | $443M | $274M | -$39M |
| Capital spending | $42M | $31M | $68M | $42M | $38M | $25M | $10M | $8M | $7M | $17M |
| Free cash flow | -$203M | -$352M | $322M | -$475M | $243M | $741M | $1.2B | $435M | $267M | -$56M |
| Stock-based compensation | $10M | — | $9M | $12M | $15M | $18M | $16M | $16M | $11M | — |
| Dividends paid | $6M | $23M | $27M | $30M | $33M | $39M | $43M | $42M | $44M | $45M |
| Share buybacks (net) | — | -$27M | -$59M | -$73M | -$209M | -$124M | -$442M | -$5M | -$20M | -$184M |
| Net borrowing | $549M | -$320M | -$120M | $413M | -$604M | $102M | $67M | -$71M | -$65M | -$357M |
| Free cash flow margin | -12.0% | -21.6% | 24.5% | -31.6% | 11.5% | 40.4% | 91.3% | 36.3% | 22.4% | -4.3% |
| Dividends per share | $0.06 | $0.24 | $0.28 | $0.32 | $0.36 | $0.48 | $0.61 | $0.64 | $0.68 | $0.72 |
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Open HTH in InvestinglyQuestions
What was Hilltop's revenue in 2025?
$1.3B in fiscal 2025, from its 10-K filing.
How much free cash flow does Hilltop generate?
-$56M in fiscal 2025 (operating cash flow minus capital spending).
From Hilltop's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.