Stewart Information Services Corporation (STC) Financial Statements (2024 and earlier)

Company Profile

Business Address 1360 POST OAK BLVD
HOUSTON, TX 77056
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6361 - Title Insurance (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments273504453354215175
Cash and cash equivalents248486433331192150
Short-term investments241821242324
Total current assets:273504453354215175
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization 1234
Operating lease, right-of-use asset12813510699
Property, plant and equipment217252506167
Long-term investments and receivables557699
Long-term investments557699
Intangible assets, net (including goodwill)1,2721,155469254259241
Goodwill1,073925431249249231
Intangible assets, net (excluding goodwill)1992303751010
Deferred income tax assets3444
Total noncurrent assets:1,4301,372641418328317
Other undisclosed assets1,036937884821830914
TOTAL ASSETS:2,7382,8131,9791,5931,3731,406
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt27492429  
Deferred income tax liabilities27492429
Total noncurrent liabilities:27492429  
Other undisclosed liabilities1,3411,470942810693727
Total liabilities:1,3681,519966839693727
Equity
Equity, attributable to parent1,3621,2821,005747674672
Common stock 272727242424
Treasury stock, value(3)(3)(3)(3)(3)(3)
Additional paid in capital 297282275164163160
Accumulated other comprehensive income (loss)(51)017(3)(25)(1)
Retained earnings1,092975689564514492
Other undisclosed equity, attributable to parent      
Equity, attributable to noncontrolling interest8137667
Total equity:1,3701,2951,012754680679
TOTAL LIABILITIES AND EQUITY:2,7382,8131,9791,5931,3731,406

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues3,0693,3062,2881,9401,9081,956
Cost of revenue(103)(126)(115)(84)(72)(97)
Policyholder benefits and claims incurred, net(103)(126)(115)(84)(72)
Financial services costs(97)
Gross profit:2,9673,1802,1731,8561,8361,859
Operating expenses(1,914)(1,964)(1,339)(1,167)(1,197)(1,781)
Operating income:1,0531,21683468863979
Interest and debt expense(18)(5)(3)(4)(4)(3)
Income from continuing operations before equity method investments, income taxes:1,0351,21183268463575
Other undisclosed loss from continuing operations before income taxes(802)(777)(613)(567)(562) 
Income from continuing operations before income taxes:2334342191177375
Income tax expense(51)(94)(49)(27)(14)(15)
Income from continuing operations:182340170905960
Income before gain (loss) on sale of properties:340170905960
Net income:182340170905960
Net loss attributable to noncontrolling interest(19)(17)(15)(12)(11) 
Other undisclosed net loss attributable to parent      (11)
Net income available to common stockholders, diluted:162323155794849

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:182340170905960
Other comprehensive income (loss)(52)(17)2022(20)8
Comprehensive income:1303231891123968
Comprehensive loss, net of tax, attributable to noncontrolling interest(19)(17)(15)(12)(11)(11)
Comprehensive income, net of tax, attributable to parent:1113061751012757

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: