Stewart Information Services (STC) financial statements
Stewart Information Services reported revenue of $2.9B in fiscal 2025, up 4.3% a year over 9 years.
Net income was $116M and the operating margin 5.7%, against 4.4% in 2016.
Free cash flow was $132M, and the company returned $58M in dividends and $4M in net buybacks.
The diluted share count rose 22% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Stewart Information Services's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0B | $1.9B | $1.9B | $1.9B | $2.3B | $3.3B | $3.0B | $2.2B | $2.5B | $2.9B |
| Operating income | $88M | $54M | $53M | $54M | $202M | $393M | $212M | $16M | $114M | $166M |
| Interest expense | $3M | $3M | $4M | $4M | $3M | $5M | $18M | $20M | — | — |
| Pre-tax income | $88M | $75M | $73M | $117M | $219M | $434M | $233M | $61M | $114M | $166M |
| Income tax | $20M | $15M | $14M | $27M | $49M | $94M | $51M | $15M | $26M | $35M |
| Net income | $55M | $49M | $48M | $79M | $155M | $323M | $162M | $30M | $73M | $116M |
| EPS (diluted) | $1.85 | $2.06 | $2.01 | $3.31 | $6.22 | $11.90 | $5.94 | $1.11 | $2.61 | $4.05 |
| Diluted shares | 23M | 24M | 24M | 24M | 25M | 27M | 27M | 28M | 28M | 29M |
| Operating margin | 4.4% | 2.8% | 2.8% | 2.9% | 8.9% | 12.0% | 6.9% | 0.7% | 4.6% | 5.7% |
| Net margin | 2.8% | 2.5% | 2.5% | 4.2% | 6.8% | 9.9% | 5.3% | 1.4% | 2.9% | 4.0% |
Balance sheet
Fiscal years, from Stewart Information Services's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $208M | $175M | $215M | $354M | $453M | $504M | $273M | $272M | $257M | $370M |
| Property, plant and equipment | $71M | $67M | $61M | $50M | $52M | $72M | $82M | $82M | $88M | $85M |
| Goodwill | $217M | $231M | $249M | $249M | $431M | $925M | $1.1B | $1.1B | $1.1B | $1.3B |
| Total assets | $1.3B | $1.4B | $1.4B | $1.6B | $2.0B | $2.8B | $2.7B | $2.7B | $2.7B | $3.3B |
| Total liabilities | $693M | $727M | $693M | $839M | $966M | $1.5B | $1.4B | $1.3B | $1.3B | $1.6B |
| Shareholders' equity | $641M | $672M | $674M | $747M | $1.0B | $1.3B | $1.4B | $1.4B | $1.4B | $1.6B |
| Net debt | -$186M | -$150M | -$192M | -$331M | -$433M | -$486M | -$248M | -$233M | -$216M | -$322M |
Cash flow
Fiscal years, from Stewart Information Services's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $123M | $108M | $84M | $166M | $276M | $390M | $192M | $83M | $136M | $206M |
| Capital spending | $18M | $16M | $11M | $17M | $15M | $40M | $48M | $38M | $40M | $73M |
| Free cash flow | $105M | $92M | $74M | $149M | $261M | $350M | $144M | $45M | $95M | $132M |
| Stock-based compensation | $3M | $5M | $5M | $2M | $6M | $12M | $12M | $11M | $14M | $17M |
| Dividends paid | $28M | $28M | $28M | $28M | $30M | $37M | $45M | $51M | $54M | $58M |
| Share buybacks (net) | -$1M | -$727,000 | -$1M | -$532,000 | -$1M | -$2M | -$3M | -$2M | -$4M | -$4M |
| Net borrowing | -$2M | -$1M | $0 | — | — | — | — | -$2M | $9,000 | $200M |
| Free cash flow margin | 5.2% | 4.7% | 3.9% | 8.0% | 11.5% | 10.7% | 4.7% | 2.0% | 3.8% | 4.5% |
| Dividends per share | $1.19 | $1.19 | $1.19 | $1.19 | $1.21 | $1.35 | $1.63 | $1.84 | $1.92 | $2.05 |
Questions
What was Stewart Information Services's revenue in 2025?
$2.9B in fiscal 2025, from its 10-K filing.
How much free cash flow does Stewart Information Services generate?
$132M in fiscal 2025 (operating cash flow minus capital spending).
From Stewart Information Services's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.