Hamilton Insurance Group (HG) Financials

$20.68 -0.51 (-2.38%)

Closing price 05/22/2025 03:59 PM Eastern

Extended Trading

$20.66 -0.02 (-0.07%)

As of 05/22/2025 04:21 PM Eastern

Annual Income Statements for Hamilton Insurance Group

This table shows Hamilton Insurance Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	11/30/2021
Net Income / (Loss) Attributable to Common Shareholders	400	259	-98	188
Consolidated Net Income / (Loss)	613	280	-30	250
Net Income / (Loss) Continuing Operations	613	280	-30	250
Total Pre-Tax Income	622	255	-27	262
Total Operating Income	88	54	-76	-38
Total Gross Profit	748	623	397	378
Total Revenue	2,330	1,571	1,233	1,018
Operating Revenue	1,758	1,337	1,155	1,018
Total Cost of Revenue	1,010	715	758	641
Operating Cost of Revenue	1,010	715	758	641
Total Operating Expenses	660	569	473	416
Selling, General & Admin Expense	271	260	178	172
Amortization Expense	389	309	271	243
Impairment Charge	0.00	0.00	24	0.94
Total Other Income / (Expense), net	533	202	49	301
Interest Expense	23	21	16	15
Interest & Investment Income	575	240	72	309
Other Income / (Expense), net	-19	-17	-6.70	6.44
Income Tax Expense	8.40	-25	3.10	12
Net Income / (Loss) Attributable to Noncontrolling Interest	213	22	68	62
Basic Earnings per Share	$3.81	$2.47	($0.95)	$1.83
Weighted Average Basic Shares Outstanding	64.62M	56.69M	-	-
Diluted Earnings per Share	$3.67	$2.44	($0.95)	$1.82
Weighted Average Diluted Shares Outstanding	64.62M	56.69M	-	-
Weighted Average Basic & Diluted Shares Outstanding	64.62M	56.69M	-	-

This table shows Hamilton Insurance Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023
Net Income / (Loss) Attributable to Common Shareholders	81	34	78	131	157	127	44	37	51
Consolidated Net Income / (Loss)	181	74	61	200	277	133	53	41	53
Net Income / (Loss) Continuing Operations	181	74	61	200	277	133	53	41	53
Total Pre-Tax Income	184	77	64	203	278	101	55	44	55
Total Operating Income	-71	3.16	15	49	21	-8.52	6.27	28	27
Total Gross Profit	108	198	180	210	160	182	148	154	138
Total Revenue	769	570	513	588	659	495	396	357	322
Operating Revenue	504	488	453	425	393	377	339	334	287
Total Cost of Revenue	395	290	274	214	232	195	192	179	149
Operating Cost of Revenue	395	290	274	214	232	195	192	179	149
Total Operating Expenses	180	195	165	161	139	190	142	126	111
Selling, General & Admin Expense	63	89	62	65	55	102	63	49	46
Amortization Expense	117	106	102	96	85	89	79	77	65
Total Other Income / (Expense), net	256	74	49	154	257	110	49	16	27
Interest Expense	5.60	5.53	5.35	6.03	5.71	5.43	5.29	5.19	5.53
Interest & Investment Income	268	76	66	165	268	120	55	27	37
Other Income / (Expense), net	-6.42	2.90	-11	-5.10	-5.38	-5.14	-1.36	-5.65	-4.82
Income Tax Expense	3.21	2.29	3.03	2.50	0.59	-32	2.39	2.95	1.57
Net Income / (Loss) Attributable to Noncontrolling Interest	100	40	-17	69	120	6.48	9.07	4.50	1.51
Basic Earnings per Share	$0.79	$0.38	$0.77	$1.24	$1.42	$1.20	$0.42	$0.35	$0.50
Weighted Average Basic Shares Outstanding	67.02M	64.62M	64.20M	61.34M	56.81M	56.69M	-	-	-
Diluted Earnings per Share	$0.77	$0.35	$0.74	$1.20	$1.38	$1.19	$0.41	$0.35	$0.49
Weighted Average Diluted Shares Outstanding	67.02M	64.62M	64.20M	61.34M	56.81M	56.69M	-	-	-
Weighted Average Basic & Diluted Shares Outstanding	67.02M	64.62M	64.20M	61.34M	56.81M	56.69M	-	-	-

This table details how cash moves in and out of Hamilton Insurance Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	11/30/2021
Net Change in Cash & Equivalents	200	-306	243	295
Net Cash From Operating Activities	759	283	191	227
Net Cash From Continuing Operating Activities	759	283	191	227
Net Income / (Loss) Continuing Operations	613	280	-30	250
Consolidated Net Income / (Loss)	613	280	-30	250
Depreciation Expense	16	12	15	14
Non-Cash Adjustments To Reconcile Net Income	88	20	300	-43
Changes in Operating Assets and Liabilities, net	42	-29	-94	5.56
Net Cash From Investing Activities	-184	-652	133	138
Net Cash From Continuing Investing Activities	-184	-652	133	138
Purchase of Investments	-6,243	-5,283	-4,722	-4,561
Sale and/or Maturity of Investments	6,060	4,670	4,856	4,625
Other Investing Activities, net	-1.58	-39	-1.02	16
Net Cash From Financing Activities	-363	59	-70	-68
Net Cash From Continuing Financing Activities	-363	59	-70	-68
Repayment of Debt	0.00	0.00	-0.35	0.00
Repurchase of Common Equity	-150	-2.44	-1.52	-7.38
Payment of Dividends	-213	-22	-68	-62
Issuance of Common Equity	0.03	0.07	0.01	0.01
Other Financing Activities, net	0.37	83	0.31	1.01
Effect of Exchange Rate Changes	-12	3.57	-11	-1.51
Cash Interest Paid	22	22	16	12
Cash Income Taxes Paid	11	4.21	9.97	12

This table details how cash moves in and out of Hamilton Insurance Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Net Change in Cash & Equivalents	-188	50	-64	-66	280	-2.67	-22	-160	-122	-
Net Cash From Operating Activities	35	284	161	156	158	35	172	64	12	-
Net Cash From Continuing Operating Activities	35	284	161	156	158	35	172	64	12	-
Net Income / (Loss) Continuing Operations	181	74	61	200	277	133	53	41	53	-
Consolidated Net Income / (Loss)	181	74	61	200	277	133	53	41	53	-
Depreciation Expense	4.33	3.39	5.63	3.83	3.63	3.42	3.20	2.71	3.09	-
Non-Cash Adjustments To Reconcile Net Income	-17	108	120	-9.04	-131	-78	111	-16	3.62	-
Changes in Operating Assets and Liabilities, net	-133	98	-26	-39	8.26	-23	5.39	36	-48	-
Net Cash From Investing Activities	-151	-89	-225	-64	194	-121	-179	-220	-132	-
Net Cash From Continuing Investing Activities	-151	-89	-225	-64	194	-121	-179	-220	-132	-
Purchase of Investments	-1,732	-1,604	-1,722	-1,441	-1,476	-1,440	-1,284	-1,276	-1,282	-
Sale and/or Maturity of Investments	1,625	1,610	1,468	1,321	1,662	1,398	1,029	1,060	1,183	-
Other Investing Activities, net	-43	-95	29	56	8.13	-79	76	-3.65	-33	-
Net Cash From Financing Activities	-78	-127	-10	-157	-68	76	-9.06	-5.14	-3.12	-
Net Cash From Continuing Financing Activities	-78	-127	-10	-157	-68	76	-9.06	-5.14	-3.12	-
Repurchase of Common Equity	-17	-27	-10	-110	-3.21	-0.19	-	-0.64	-1.61	-
Payment of Dividends	-61	-100	-	-47	-66	-6.48	-9.06	-4.50	-1.51	-
Issuance of Common Equity	0.01	0.02	-	0.00	0.01	0.07	-	0.00	0.01	-
Other Financing Activities, net	-0.01	-0.02	-	-0.00	0.39	83	-0.00	-	-0.01	-
Effect of Exchange Rate Changes	6.15	-18	11	-1.05	-4.21	6.67	-5.37	1.51	0.77	-

This table presents Hamilton Insurance Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	7,796	6,671	5,819
Total Current Assets	1,101	3,196	1,207
Cash & Equivalents	996	795	1,076
Restricted Cash	104	106	131
Plant, Property, & Equipment, net	0.00	0.00	0.00
Total Noncurrent Assets	6,353	5,429	5,779
Long-Term Investments	4,694	3,924	2,287
Noncurrent Note & Lease Receivables	772	658	523
Intangible Assets	93	91	87
Other Noncurrent Operating Assets	795	756	2,883
Total Liabilities & Shareholders' Equity	7,796	6,671	5,819
Total Liabilities	5,467	4,623	4,155
Total Current Liabilities	185	187	138
Accounts Payable	185	187	138
Total Noncurrent Liabilities	5,282	4,436	4,017
Long-Term Debt	150	150	150
Asset Retirement Reserve & Litigation Obligation	3,532	3,030	2,856
Other Noncurrent Operating Liabilities	1,599	1,257	1,011
Redeemable Noncontrolling Interest	0.13	0.13	0.12
Total Equity & Noncontrolling Interests	2,329	2,048	1,664
Total Preferred & Common Equity	2,329	2,048	1,664
Total Common Equity	2,329	2,048	1,664
Common Stock	1,165	1,251	1,121
Retained Earnings	1,169	801	547
Accumulated Other Comprehensive Income / (Loss)	-4.44	-4.44	-4.44

This table presents Hamilton Insurance Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024
Total Assets	8,343	7,827	7,623	7,349
Total Current Assets	913	1,051	1,115	1,181
Cash & Equivalents	839	957	1,017	1,085
Restricted Cash	75	94	98	96
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00
Total Noncurrent Assets	6,217	5,629	8,850	5,048
Long-Term Investments	4,220	3,800	3,468	3,201
Noncurrent Note & Lease Receivables	990	886	933	856
Intangible Assets	91	94	94	93
Other Noncurrent Operating Assets	917	849	4,354	899
Total Liabilities & Shareholders' Equity	8,343	7,827	7,623	7,349
Total Liabilities	5,904	5,453	5,307	5,085
Total Current Liabilities	138	3,603	3,401	156
Accounts Payable	138	169	158	156
Total Noncurrent Liabilities	5,767	1,849	1,906	4,929
Long-Term Debt	150	150	150	150
Asset Retirement Reserve & Litigation Obligation	3,815	-	-	3,149
Other Noncurrent Operating Liabilities	1,801	1,699	1,756	1,630
Redeemable Noncontrolling Interest	39	60	77	55
Total Equity & Noncontrolling Interests	2,399	2,314	2,239	2,210
Total Preferred & Common Equity	2,399	2,314	2,239	2,210
Total Common Equity	2,399	2,314	2,239	2,210
Common Stock	1,162	1,173	1,173	1,256
Retained Earnings	1,242	1,145	1,070	958
Accumulated Other Comprehensive Income / (Loss)	-4.44	-4.44	-4.44	-4.44

This table displays calculated financial ratios and metrics derived from Hamilton Insurance Group's official financial filings.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	11/30/2021
Growth Metrics	-	-	-	-
Revenue Growth	48.30%	27.41%	21.11%	0.00%
EBITDA Growth	75.45%	172.10%	-278.02%	0.00%
EBIT Growth	89.95%	144.11%	-160.24%	0.00%
NOPAT Growth	48.02%	210.19%	-46.20%	0.00%
Net Income Growth	118.76%	1,036.32%	-111.98%	0.00%
EPS Growth	50.41%	356.84%	-152.20%	0.00%
Operating Cash Flow Growth	168.16%	48.31%	-15.72%	0.00%
Free Cash Flow Firm Growth	-69.13%	448.11%	0.00%	0.00%
Invested Capital Growth	-23.23%	-479.51%	0.00%	0.00%
Revenue Q/Q Growth	15.29%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	29.30%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	39.04%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	26.83%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	-8.77%	0.00%	0.00%	0.00%
EPS Q/Q Growth	-18.63%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	48.68%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-5.29%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-
Gross Margin	32.12%	39.63%	32.17%	37.08%
EBITDA Margin	3.69%	3.12%	-5.51%	-1.77%
Operating Margin	3.79%	3.41%	-6.18%	-3.76%
EBIT Margin	2.98%	2.33%	-6.73%	-3.13%
Profit (Net Income) Margin	26.32%	17.84%	-2.43%	24.54%
Tax Burden Percent	98.65%	109.82%	111.57%	95.28%
Interest Burden Percent	894.31%	697.53%	32.35%	-822.60%
Effective Tax Rate	1.35%	-9.82%	0.00%	4.72%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	28.02%	15.10%	-1.80%	0.00%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.96%	0.59%	-1.43%	0.00%
Return on Assets (ROA)	8.48%	4.49%	-0.51%	0.00%
Return on Common Equity (ROCE)	28.02%	15.10%	-1.80%	0.00%
Return on Equity Simple (ROE_SIMPLE)	26.33%	13.69%	-1.80%	0.00%
Net Operating Profit after Tax (NOPAT)	87	59	-53	-37
NOPAT Margin	3.74%	3.74%	-4.33%	-3.59%
Net Nonoperating Expense Percent (NNEP)	9.56%	6.16%	2.15%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	3.51%	2.68%	-2.94%	-
Cost of Revenue to Revenue	43.36%	45.49%	61.50%	62.92%
SG&A Expenses to Revenue	11.64%	16.54%	14.41%	16.92%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	28.33%	36.22%	38.36%	40.85%
Earnings before Interest and Taxes (EBIT)	70	37	-83	-32
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	86	49	-68	-18
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.52	0.00	0.14	0.00
Price to Tangible Book Value (P/TBV)	0.55	0.00	0.14	0.00
Price to Revenue (P/Rev)	0.52	0.00	0.18	0.22
Price to Earnings (P/E)	3.05	0.00	0.00	1.20
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	32.78%	0.00%	0.00%	83.64%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	0.06	0.07	0.09	0.00
Long-Term Debt to Equity	0.06	0.07	0.09	0.00
Financial Leverage	-2.51	-1.94	-1.31	0.00
Leverage Ratio	3.31	3.36	3.50	0.00
Compound Leverage Factor	29.56	23.47	1.13	0.00
Debt to Total Capital	6.05%	6.82%	8.25%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	6.05%	6.82%	8.25%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.01%	0.01%	0.01%	0.00%
Common Equity to Total Capital	93.95%	93.18%	91.74%	0.00%
Debt to EBITDA	1.74	3.06	-2.20	0.00
Net Debt to EBITDA	-65.66	-142.25	49.21	0.00
Long-Term Debt to EBITDA	1.74	3.06	-2.20	0.00
Debt to NOPAT	1.72	2.55	-2.80	0.00
Net Debt to NOPAT	-64.84	-118.51	62.65	0.00
Long-Term Debt to NOPAT	1.72	2.55	-2.80	0.00
Altman Z-Score	0.81	0.00	0.55	0.00
Noncontrolling Interest Sharing Ratio	0.01%	0.01%	0.01%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	5.94	17.10	8.74	0.00
Quick Ratio	5.38	16.53	7.80	0.00
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	776	2,515	459	0.00
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	34.33	117.33	29.15	0.00
Operating Cash Flow to Interest Expense	33.57	13.21	12.13	15.21
Operating Cash Flow Less CapEx to Interest Expense	33.57	13.21	12.13	15.21
Efficiency Ratios	-	-	-	-
Asset Turnover	0.32	0.25	0.21	0.00
Accounts Receivable Turnover	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00
Accounts Payable Turnover	5.43	4.40	5.49	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	67.25	82.98	66.45	0.00
Cash Conversion Cycle (CCC)	-67.25	-82.98	-66.45	0.00
Capital & Investment Metrics	-	-	-	-
Invested Capital	-3,658	-2,968	-512	0.00
Invested Capital Turnover	-0.70	-0.90	-4.81	0.00
Increase / (Decrease) in Invested Capital	-689	-2,456	-512	0.00
Enterprise Value (EV)	-4,423	0.00	-3,119	0.00
Market Capitalization	1,222	0.00	225	225
Book Value per Share	$36.27	$36.12	$110.95	$0.00
Tangible Book Value per Share	$34.82	$34.52	$105.15	$0.00
Total Capital	2,479	2,198	1,814	0.00
Total Debt	150	150	150	0.00
Total Long-Term Debt	150	150	150	0.00
Net Debt	-5,645	-6,970	-3,344	0.00
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-185	-187	-138	0.00
Debt-free Net Working Capital (DFNWC)	915	3,009	1,069	0.00
Net Working Capital (NWC)	915	3,009	1,069	0.00
Net Nonoperating Expense (NNE)	-526	-221	-23	-286
Net Nonoperating Obligations (NNO)	-5,987	-5,016	-2,177	0.00
Total Depreciation and Amortization (D&A)	16	12	15	14
Debt-free, Cash-free Net Working Capital to Revenue	-7.96%	-11.90%	-11.20%	0.00%
Debt-free Net Working Capital to Revenue	39.29%	191.52%	86.71%	0.00%
Net Working Capital to Revenue	39.29%	191.52%	86.71%	0.00%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$3.81	$2.47	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	64.62M	56.69M	0.00	0.00
Adjusted Diluted Earnings per Share	$3.67	$2.44	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	64.62M	56.69M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	64.62M	56.69M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	87	37	-37	-36
Normalized NOPAT Margin	3.74%	2.39%	-2.96%	-3.50%
Pre Tax Income Margin	26.68%	16.25%	-2.18%	25.75%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	3.07	1.71	-5.27	-2.14
NOPAT to Interest Expense	3.85	2.74	-3.39	-2.45
EBIT Less CapEx to Interest Expense	3.07	1.71	-5.27	-2.14
NOPAT Less CapEx to Interest Expense	3.85	2.74	-3.39	-2.45
Payout Ratios	-	-	-	-
Dividend Payout Ratio	34.69%	7.69%	-227.39%	24.67%
Augmented Payout Ratio	59.22%	8.56%	-232.46%	27.62%

This table displays calculated financial ratios and metrics derived from Hamilton Insurance Group's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	16.72%	15.21%	29.42%	64.58%	104.31%	0.00%	0.00%	0.00%	0.00%
EBITDA Growth	-480.51%	192.26%	16.97%	87.79%	-25.02%	0.00%	0.00%	0.00%	0.00%
EBIT Growth	-596.36%	144.39%	-21.46%	93.32%	-30.82%	0.00%	0.00%	0.00%	0.00%
NOPAT Growth	-433.68%	127.38%	138.68%	82.89%	-21.26%	0.00%	0.00%	0.00%	0.00%
Net Income Growth	-34.64%	-44.20%	15.93%	385.33%	423.25%	0.00%	0.00%	0.00%	0.00%
EPS Growth	-44.20%	-70.59%	80.49%	242.86%	181.63%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	-77.94%	700.57%	-6.51%	145.10%	1,208.95%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Growth	-80.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Growth	-21.69%	-23.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Revenue Q/Q Growth	34.76%	11.24%	-12.77%	-10.73%	0.00%	24.96%	10.93%	10.81%	0.00%
EBITDA Q/Q Growth	-875.91%	-0.36%	-80.15%	147.91%	0.00%	-226.34%	-68.13%	-1.01%	0.00%
EBIT Q/Q Growth	-1,380.44%	57.22%	-91.22%	180.88%	0.00%	-378.19%	-78.39%	0.51%	0.00%
NOPAT Q/Q Growth	-2,381.42%	-78.58%	-70.43%	130.91%	0.00%	-286.71%	-77.34%	-0.58%	0.00%
Net Income Q/Q Growth	143.61%	21.91%	-69.54%	-27.75%	0.00%	153.28%	27.51%	-22.10%	0.00%
EPS Q/Q Growth	120.00%	-52.70%	-38.33%	-13.04%	0.00%	190.24%	17.14%	-28.57%	0.00%
Operating Cash Flow Q/Q Growth	-87.71%	76.92%	2.64%	-1.11%	0.00%	-79.34%	169.11%	428.09%	0.00%
Free Cash Flow Firm Q/Q Growth	-13.41%	-80.15%	2,087.52%	-105.65%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-2.71%	-5.29%	-1,651.26%	107.25%	-4.01%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	14.09%	34.71%	35.03%	35.76%	24.36%	36.73%	37.31%	43.24%	42.92%
EBITDA Margin	-9.54%	1.66%	1.85%	8.12%	2.93%	-2.07%	2.05%	7.12%	7.97%
Operating Margin	-9.26%	0.55%	2.93%	8.34%	3.19%	-1.72%	1.58%	7.94%	8.51%
EBIT Margin	-10.10%	1.06%	0.75%	7.47%	2.38%	-2.76%	1.24%	6.36%	7.01%
Profit (Net Income) Margin	23.58%	13.04%	11.90%	34.08%	42.11%	26.93%	13.29%	11.56%	16.44%
Tax Burden Percent	98.26%	97.02%	95.27%	98.77%	99.79%	131.54%	95.66%	93.34%	97.12%
Interest Burden Percent	-237.58%	1,264.74%	1,660.98%	461.74%	1,776.67%	-742.02%	1,120.65%	194.63%	241.35%
Effective Tax Rate	1.74%	2.98%	4.73%	1.23%	0.21%	-31.54%	4.34%	6.66%	2.88%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	140.11%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	125.58%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	-113.43%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	21.99%	28.02%	56.63%	26.67%	22.29%	15.10%	0.00%	0.00%	0.00%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-3.14%	0.34%	0.39%	1.87%	0.54%	-0.69%	0.00%	0.00%	0.00%
Return on Assets (ROA)	7.33%	4.20%	6.15%	8.51%	9.59%	6.77%	0.00%	0.00%	0.00%
Return on Common Equity (ROCE)	21.55%	28.02%	55.20%	25.78%	21.75%	15.10%	0.00%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	21.55%	0.00%	29.05%	29.65%	22.84%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-70	3.07	14	48	21	-11	6.00	26	27
NOPAT Margin	-9.10%	0.54%	2.79%	8.24%	3.18%	-2.26%	1.51%	7.41%	8.26%
Net Nonoperating Expense Percent (NNEP)	4.35%	1.30%	1.60%	14.53%	9.58%	2.88%	0.00%	0.00%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	-2.75%	0.12%	-	-	-	-0.51%	-	-	-
Cost of Revenue to Revenue	51.41%	50.78%	53.36%	36.48%	35.28%	39.39%	48.35%	50.22%	46.08%
SG&A Expenses to Revenue	8.16%	15.59%	12.17%	11.04%	8.33%	20.56%	15.91%	13.78%	14.21%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	23.36%	34.15%	32.09%	27.42%	21.17%	38.45%	35.73%	35.30%	34.41%
Earnings before Interest and Taxes (EBIT)	-78	6.06	3.86	44	16	-14	4.91	23	23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-73	9.45	9.48	48	19	-10	8.11	25	26
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.56	0.52	0.51	0.42	0.36	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.58	0.55	0.53	0.44	0.37	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.55	0.52	0.59	0.50	0.47	0.00	0.00	0.00	0.00
Price to Earnings (P/E)	4.13	3.05	2.40	2.06	2.17	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	24.20%	32.78%	41.59%	48.49%	46.14%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.06	0.06	0.06	0.06	0.07	0.07	0.00	0.00	0.00
Long-Term Debt to Equity	0.06	0.06	0.06	0.06	0.07	0.07	0.00	0.00	0.00
Financial Leverage	-2.46	-2.51	-2.46	-0.90	-2.36	-2.45	0.00	0.00	0.00
Leverage Ratio	3.34	3.31	3.30	3.29	3.25	3.36	0.00	0.00	0.00
Compound Leverage Factor	-7.93	41.81	54.77	15.20	57.67	-24.97	0.00	0.00	0.00
Debt to Total Capital	5.79%	6.05%	5.94%	6.08%	6.21%	6.82%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	5.79%	6.05%	5.94%	6.08%	6.21%	6.82%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.51%	0.01%	2.38%	3.13%	2.27%	0.01%	0.00%	0.00%	0.00%
Common Equity to Total Capital	92.69%	93.95%	91.68%	90.79%	91.53%	93.18%	0.00%	0.00%	0.00%
Debt to EBITDA	-22.67	1.74	2.25	2.30	3.50	3.06	0.00	0.00	0.00
Net Debt to EBITDA	753.13	-65.66	-70.71	-68.09	-98.91	-142.25	0.00	0.00	0.00
Long-Term Debt to EBITDA	-22.67	1.74	2.25	2.30	3.50	3.06	0.00	0.00	0.00
Debt to NOPAT	-38.35	1.72	2.18	2.51	3.89	2.55	0.00	0.00	0.00
Net Debt to NOPAT	1,274.13	-64.84	-68.49	-74.36	-109.71	-118.51	0.00	0.00	0.00
Long-Term Debt to NOPAT	-38.35	1.72	2.18	2.51	3.89	2.55	0.00	0.00	0.00
Altman Z-Score	0.72	0.79	0.20	0.21	0.68	0.00	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	2.00%	0.01%	2.53%	3.34%	2.42%	0.01%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	6.63	5.94	0.29	0.33	7.58	17.10	0.00	0.00	0.00
Quick Ratio	6.09	5.38	0.27	0.30	6.97	16.53	0.00	0.00	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	600	692	3,488	-176	3,108	0.00	0.00	0.00	0.00
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	107.04	125.31	651.89	-29.10	544.56	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	6.23	51.41	30.01	25.94	27.72	6.54	32.48	12.30	2.19
Operating Cash Flow Less CapEx to Interest Expense	6.23	51.41	30.01	25.94	27.72	6.54	32.48	12.30	2.19
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.31	0.32	0.52	0.25	0.23	0.25	0.00	0.00	0.00
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	8.00	5.43	0.00	5.27	5.13	4.40	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	45.64	67.25	0.00	69.27	71.17	82.98	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	-45.64	-67.25	0.00	-69.27	-71.17	-82.98	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	-3,757	-3,658	-3,474	224	-3,087	-2,968	0.00	0.00	0.00
Invested Capital Turnover	-0.71	-0.70	-1.16	17.01	-1.08	-0.53	0.00	0.00	0.00
Increase / (Decrease) in Invested Capital	-670	-689	-3,474	224	-3,087	0.00	0.00	0.00	0.00
Enterprise Value (EV)	-3,604	-4,423	-3,455	-3,410	-3,387	0.00	225	0.00	0.00
Market Capitalization	1,340	1,222	1,186	946	790	0.00	225	225	225
Book Value per Share	$37.13	$36.27	$37.72	$39.40	$38.97	$36.12	$0.00	$0.00	$0.00
Tangible Book Value per Share	$35.72	$34.82	$36.18	$37.74	$37.34	$34.52	$0.00	$0.00	$0.00
Total Capital	2,588	2,479	2,524	2,466	2,414	2,198	0.00	0.00	0.00
Total Debt	150	150	150	150	150	150	0.00	0.00	0.00
Total Long-Term Debt	150	150	150	150	150	150	0.00	0.00	0.00
Net Debt	-4,983	-5,645	-4,701	-4,433	-4,231	-6,970	0.00	0.00	0.00
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-138	-185	-3,603	-3,401	-156	-187	0.00	0.00	0.00
Debt-free Net Working Capital (DFNWC)	775	915	-2,552	-2,286	1,025	3,009	0.00	0.00	0.00
Net Working Capital (NWC)	775	915	-2,552	-2,286	1,025	3,009	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	-251	-71	-47	-152	-256	-145	-47	-15	-26
Net Nonoperating Obligations (NNO)	-6,195	-5,987	-5,848	-2,092	-5,352	-5,016	0.00	0.00	0.00
Total Depreciation and Amortization (D&A)	4.33	3.39	5.63	3.83	3.63	3.42	3.20	2.71	3.09
Debt-free, Cash-free Net Working Capital to Revenue	-5.64%	-7.96%	-178.31%	-178.60%	-9.30%	-11.90%	0.00%	0.00%	0.00%
Debt-free Net Working Capital to Revenue	31.78%	39.29%	-126.29%	-120.05%	61.24%	191.52%	0.00%	0.00%	0.00%
Net Working Capital to Revenue	31.78%	39.29%	-126.29%	-120.05%	61.24%	191.52%	0.00%	0.00%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.79	$0.38	$0.77	$1.24	$1.42	$1.20	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	67.02M	64.62M	64.20M	61.34M	56.81M	56.69M	0.00	0.00	0.00
Adjusted Diluted Earnings per Share	$0.77	$0.35	$0.74	$1.20	$1.38	$1.19	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	67.02M	64.62M	64.20M	61.34M	56.81M	56.69M	0.00	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	67.02M	64.62M	64.20M	61.34M	56.81M	56.69M	0.00	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-70	3.07	14	48	21	-5.96	6.00	26	27
Normalized NOPAT Margin	-9.10%	0.54%	2.79%	8.24%	3.18%	-1.20%	1.51%	7.41%	8.26%
Pre Tax Income Margin	24.00%	13.44%	12.49%	34.51%	42.20%	20.47%	13.89%	12.38%	16.93%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-13.86	1.10	0.72	7.29	2.74	-2.52	0.93	4.38	4.09
NOPAT to Interest Expense	-12.49	0.56	2.68	8.03	3.67	-2.06	1.13	5.10	4.82
EBIT Less CapEx to Interest Expense	-13.86	1.10	0.72	7.29	2.74	-2.52	0.93	4.38	4.09
NOPAT Less CapEx to Interest Expense	-12.49	0.56	2.68	8.03	3.67	-2.06	1.13	5.10	4.82
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	40.33%	34.69%	17.68%	19.26%	16.96%	7.69%	0.00%	0.00%	0.00%
Augmented Payout Ratio	72.05%	59.22%	36.06%	36.38%	17.76%	8.56%	0.00%	0.00%	0.00%

Frequently Asked Questions About Hamilton Insurance Group's Financials

When does Hamilton Insurance Group's financial year end?

According to the most recent income statement we have on file, Hamilton Insurance Group's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Hamilton Insurance Group's net income changed over the last 3 years?

Hamilton Insurance Group's net income appears to be on an upward trend, with a most recent value of $613.16 million in 2024, rising from $249.84 million in 2021. The previous period was $280.29 million in 2023. See where experts think Hamilton Insurance Group is headed by visiting Hamilton Insurance Group's forecast page.

What is Hamilton Insurance Group's operating income?

Hamilton Insurance Group's total operating income in 2024 was $88.25 million, based on the following breakdown:

Total Gross Profit: $748.31 million
Total Operating Expenses: $660.06 million

How has Hamilton Insurance Group revenue changed over the last 3 years?

Over the last 3 years, Hamilton Insurance Group's total revenue changed from $1.02 billion in 2021 to $2.33 billion in 2024, a change of 128.8%.

How much debt does Hamilton Insurance Group have?

Hamilton Insurance Group's total liabilities were at $5.47 billion at the end of 2024, a 18.3% increase from 2023, and a 31.6% increase since 2022.

How much cash does Hamilton Insurance Group have?

In the past 2 years, Hamilton Insurance Group's cash and equivalents has ranged from $794.51 million in 2023 to $1.08 billion in 2022, and is currently $996.49 million as of their latest financial filing in 2024.

How has Hamilton Insurance Group's book value per share changed over the last 3 years?

Over the last 3 years, Hamilton Insurance Group's book value per share changed from 0.00 in 2021 to 36.27 in 2024, a change of 3,627.4%.

Related Companies

This page (NYSE:HG) was last updated on 5/23/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hamilton Insurance Group (HG) Financials

Frequently Asked Questions About Hamilton Insurance Group's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Hamilton Insurance Group (HG) Financials

Annual Income Statements for Hamilton Insurance Group

Quarterly Income Statements for Hamilton Insurance Group

Annual Cash Flow Statements for Hamilton Insurance Group

Quarterly Cash Flow Statements for Hamilton Insurance Group

Annual Balance Sheets for Hamilton Insurance Group

Quarterly Balance Sheets for Hamilton Insurance Group

Annual Metrics And Ratios for Hamilton Insurance Group

Quarterly Metrics And Ratios for Hamilton Insurance Group

Frequently Asked Questions About Hamilton Insurance Group's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools