
Hartford Financial (HIG) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
7.0B
Net Income
995.0M
14.27%
EPS (Diluted)
$3.44
Balance Sheet Metrics
Total Assets
82.3B
Total Liabilities
65.5B
Shareholders Equity
16.8B
Debt to Equity
3.89
Cash Flow Metrics
Operating Cash Flow
-878.0M
Free Cash Flow
947.0M
Revenue & Profitability Trend
Hartford Financial Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 26.4B | 24.3B | 21.9B | 21.6B | 20.3B |
Cost of Goods Sold | - | - | - | - | - |
Gross Profit | - | - | - | - | - |
Gross Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | - | - | - | - | - |
Other Operating Expenses | -3.0M | 15.0M | 7.0M | -9.0M | 19.0M |
Total Operating Expenses | -3.0M | 15.0M | 7.0M | -9.0M | 19.0M |
Operating Income | - | - | - | - | - |
Operating Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | - |
Interest Expense | 199.0M | 199.0M | 213.0M | 234.0M | 236.0M |
Other Non-Operating Income | 88.0M | 84.0M | 73.0M | 81.0M | 126.0M |
Pre-tax Income | 3.8B | 3.1B | 2.3B | 2.9B | 2.1B |
Income Tax | 738.0M | 584.0M | 443.0M | 534.0M | 383.0M |
Effective Tax Rate % | 19.2% | 18.9% | 19.6% | 18.4% | 18.1% |
Net Income | 3.1B | 2.5B | 1.8B | 2.4B | 1.7B |
Net Margin % | 11.8% | 10.3% | 8.3% | 11.0% | 8.5% |
Key Metrics | |||||
EBITDA | - | - | - | - | - |
EPS (Basic) | $10.51 | $8.09 | $5.69 | $7.00 | $4.79 |
EPS (Diluted) | $10.35 | $7.97 | $5.44 | $1.47 | $4.76 |
Basic Shares Outstanding | 293900000 | 307100000 | 315111248 | 334925984 | 358300000 |
Diluted Shares Outstanding | 293900000 | 307100000 | 315111248 | 334925984 | 358300000 |
Income Statement Trend
Hartford Financial Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 183.0M | 126.0M | 229.0M | 205.0M | 151.0M |
Short-term Investments | 20.5B | 43.7B | 40.1B | 46.5B | 48.3B |
Accounts Receivable | 13.1B | 12.7B | 11.9B | 11.0B | 10.3B |
Inventory | - | - | - | - | - |
Other Current Assets | - | - | - | - | - |
Total Current Assets | - | - | - | - | - |
Non-Current Assets | |||||
Property, Plant & Equipment | - | - | - | - | - |
Goodwill | 4.5B | 4.5B | 4.6B | 4.7B | 4.8B |
Intangible Assets | 637.0M | 707.0M | 778.0M | 858.0M | 950.0M |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | - | - | - | - | - |
Total Non-Current Assets | - | - | - | - | - |
Total Assets | 80.9B | - | - | - | - |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | - | - | - | - | - |
Short-term Debt | 0 | 0 | 0 | - | 0 |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | - | - | - | - | - |
Non-Current Liabilities | |||||
Long-term Debt | 4.4B | 4.4B | 4.4B | 4.9B | 4.4B |
Deferred Tax Liabilities | - | - | - | - | - |
Other Non-Current Liabilities | - | - | - | - | - |
Total Non-Current Liabilities | - | - | - | - | - |
Total Liabilities | 64.5B | - | - | - | - |
Equity | |||||
Common Stock | 3.0M | 3.0M | 3.0M | 4.0M | 4.0M |
Retained Earnings | 21.5B | 19.0B | 17.1B | 15.8B | 13.9B |
Treasury Stock | 3.1B | 1.8B | 1.8B | 1.7B | 1.2B |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 16.4B | 15.3B | 13.7B | 17.8B | 18.6B |
Key Metrics | |||||
Total Debt | 4.4B | 4.4B | 4.4B | 4.9B | 4.4B |
Working Capital | 0 | 0 | 0 | 0 | 0 |
Balance Sheet Composition
Hartford Financial Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 3.1B | 2.5B | 1.8B | 2.4B | 1.7B |
Depreciation & Amortization | - | - | - | - | - |
Stock-Based Compensation | - | - | - | - | - |
Working Capital Changes | -880.0M | -899.0M | -1.3B | -664.0M | -72.0M |
Operating Cash Flow | 152.0M | -341.0M | -1.3B | -157.0M | 163.0M |
Investing Activities | |||||
Capital Expenditures | -145.0M | -215.0M | -175.0M | -133.0M | -114.0M |
Acquisitions | -426.0M | -671.0M | -746.0M | -769.0M | -324.0M |
Investment Purchases | -14.2B | -10.5B | -16.0B | -23.8B | -22.4B |
Investment Sales | 11.3B | 9.0B | 16.3B | 23.1B | 21.1B |
Investing Cash Flow | -3.5B | -2.4B | -654.0M | -1.6B | -1.8B |
Financing Activities | |||||
Share Repurchases | -1.5B | -1.4B | -1.6B | -1.7B | -150.0M |
Dividends Paid | -577.0M | -549.0M | -527.0M | -506.0M | -478.0M |
Debt Issuance | - | 0 | 0 | 588.0M | 0 |
Debt Repayment | 0 | 0 | -600.0M | 0 | -500.0M |
Financing Cash Flow | -2.1B | -2.0B | -2.7B | -1.6B | -1.2B |
Free Cash Flow | 5.8B | 4.0B | 3.8B | 4.0B | 3.8B |
Net Change in Cash | -5.4B | -4.7B | -4.6B | -3.3B | -2.8B |
Cash Flow Trend
Hartford Financial Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
11.72
Forward P/E
11.11
Price to Book
2.12
Price to Sales
1.32
PEG Ratio
11.11
Profitability Ratios
Profit Margin
11.83%
Operating Margin
18.55%
Return on Equity
19.55%
Return on Assets
3.28%
Financial Health
Current Ratio
1.75
Debt to Equity
24.95
Beta
0.67
Per Share Data
EPS (TTM)
$11.01
Book Value per Share
$60.88
Revenue per Share
$95.27
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
hig | 36.3B | 11.72 | 2.12 | 19.55% | 11.83% | 24.95 |
Progressive | 144.5B | 13.89 | 4.43 | 37.29% | 12.66% | 21.15 |
Chubb | 107.6B | 11.91 | 1.55 | 13.63% | 16.00% | 28.98 |
Travelers Companies | 59.6B | 11.71 | 2.02 | 19.29% | 10.97% | 27.22 |
Allstate | 55.1B | 9.84 | 2.51 | 27.01% | 8.79% | 33.71 |
W.R. Berkley | 26.8B | 16.05 | 2.88 | 20.58% | 12.32% | 33.22 |
Financial data is updated regularly. All figures are in the company's reporting currency.