The Hartford Insurance Group (HIG) Financials

$133.04 +1.47 (+1.12%)

Closing price 09/26/2025 03:59 PM Eastern

Extended Trading

$133.09 +0.05 (+0.04%)

As of 09/26/2025 05:52 PM Eastern

Annual Income Statements for The Hartford Insurance Group

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

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	13,295	1,682	896	-3,131	1,801	2,064	1,716	2,350	1,798	2,483	3,090
Consolidated Net Income / (Loss)	798	1,682	896	-3,131	1,807	2,085	1,737	2,371	1,819	2,504	3,111
Net Income / (Loss) Continuing Operations	1,349	1,189	613	-262	1,485	2,267	1,737	2,371	1,819	2,504	3,111
Total Pre-Tax Income	1,699	1,478	447	723	1,753	2,560	2,120	2,905	2,262	3,088	3,849
Total Operating Income	14,631	1,816	857	1,039	2,057	3,091	2,356	3,139	2,475	3,287	4,048
Total Gross Profit	20,388	15,968	16,374	17,162	18,955	20,740	20,523	22,390	22,362	24,527	26,535
Total Revenue	37,303	15,968	16,374	17,162	18,955	20,740	20,523	22,390	22,362	24,527	26,535
Operating Revenue	37,228	16,009	16,401	16,997	18,955	20,740	20,523	22,390	22,362	24,527	26,535
Total Cost of Revenue	16,915	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	5,757	14,152	15,517	16,123	16,898	17,649	18,167	19,251	19,887	21,240	22,487
Selling, General & Admin Expense	4,028	-	-	4,563	4,281	4,580	4,480	4,791	4,841	4,881	5,258
Amortization Expense	1,729	1,368	1,381	1,386	1,452	1,688	1,778	1,739	1,895	2,115	2,353
Other Operating Expenses / (Income)	-	12,784	14,136	10,174	11,165	11,563	11,805	12,720	13,138	14,238	14,874
Restructuring Charge	-	-	-	-	0.00	0.00	104	1.00	13	6.00	2.00
Total Other Income / (Expense), net	-435	-338	-410	-316	-304	-349	-236	-234	-213	-199	-199
Interest Expense	376	367	327	316	304	349	236	234	213	199	199
Income Tax Expense	350	289	-166	985	268	475	383	534	443	584	738
Basic Earnings per Share	$1.81	$4.05	$2.31	($8.61)	$5.03	$5.72	$4.79	$6.73	$5.54	$8.09	$10.51
Weighted Average Basic Shares Outstanding	420.95M	396.68M	370.19M	356.98M	359.47M	358.25M	357.51M	331.65M	313.06M	297.35M	285.39M
Diluted Earnings per Share	$1.73	$3.96	$2.27	($8.61)	$4.95	$5.66	$4.76	$6.64	$5.46	$7.97	$10.35
Weighted Average Diluted Shares Outstanding	420.95M	396.68M	370.19M	356.98M	359.47M	358.25M	357.51M	331.65M	313.06M	297.35M	285.39M
Weighted Average Basic & Diluted Shares Outstanding	420.95M	396.68M	370.19M	356.98M	359.47M	358.25M	357.51M	331.65M	313.06M	297.35M	285.39M
Cash Dividends to Common per Share	$0.66	$0.78	$0.86	$0.94	$1.10	$1.20	$1.30	$1.44	$1.58	-	$1.93

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

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	587	530	542	645	766	748	733	761	848	625	990
Consolidated Net Income / (Loss)	592	535	547	651	771	753	738	767	853	630	995
Net Income / (Loss) Continuing Operations	592	535	547	651	771	753	738	767	853	630	995
Total Pre-Tax Income	735	653	672	813	950	911	912	952	1,074	783	1,246
Total Operating Income	785	703	722	863	999	961	962	1,001	1,124	833	1,296
Total Gross Profit	6,016	5,910	6,049	6,168	6,400	6,419	6,486	6,751	6,879	6,810	6,987
Total Revenue	6,016	5,910	6,049	6,168	6,400	6,419	6,486	6,751	6,879	6,810	6,987
Operating Revenue	6,016	5,910	6,049	6,168	6,400	6,419	6,486	6,751	6,879	6,810	6,987
Total Cost of Revenue	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00
Total Operating Expenses	5,231	5,207	5,327	5,305	5,401	5,458	5,524	5,750	5,755	5,977	5,691
Selling, General & Admin Expense	1,200	1,216	1,225	1,226	1,214	1,283	1,285	1,323	1,367	1,352	1,337
Amortization Expense	491	509	519	535	552	563	578	603	609	625	642
Other Operating Expenses / (Income)	3,537	3,482	3,580	3,543	3,633	3,611	3,661	3,823	3,779	4,000	3,712
Restructuring Charge	3.00	0.00	3.00	1.00	2.00	1.00	0.00	1.00	-	0.00	0.00
Total Other Income / (Expense), net	-50	-50	-50	-50	-49	-50	-50	-49	-50	-50	-50
Interest Expense	50	50	50	50	49	50	50	49	50	50	50
Income Tax Expense	143	118	125	162	179	158	174	185	221	153	251
Basic Earnings per Share	$1.84	$1.69	$1.75	$2.12	$2.53	$2.51	$2.48	$2.60	$2.92	$2.18	$3.49
Weighted Average Basic Shares Outstanding	313.06M	310.23M	305.82M	300.77M	297.35M	295.76M	293.01M	289.89M	285.39M	284.10M	281.17M
Diluted Earnings per Share	$1.82	$1.66	$1.73	$2.09	$2.49	$2.47	$2.44	$2.56	$2.88	$2.15	$3.44
Weighted Average Diluted Shares Outstanding	313.06M	310.23M	305.82M	300.77M	297.35M	295.76M	293.01M	289.89M	285.39M	284.10M	281.17M
Weighted Average Basic & Diluted Shares Outstanding	313.06M	310.23M	305.82M	300.77M	297.35M	295.76M	293.01M	289.89M	285.39M	284.10M	281.17M
Cash Dividends to Common per Share	-	$0.43	$0.43	$0.43	-	$0.47	$0.47	$0.47	-	$0.52	$0.52

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

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-1,029	2.00	185	-148	-596	141	-23	98	7.00	-155	45
Net Cash From Operating Activities	1,886	2,756	2,066	2,186	2,843	3,489	3,871	4,093	4,008	4,220	5,909
Net Cash From Continuing Operating Activities	1,886	2,756	2,066	2,186	2,843	3,489	3,871	4,093	4,008	4,220	5,909
Net Income / (Loss) Continuing Operations	798	1,682	896	-3,131	1,807	2,085	1,737	2,371	1,819	2,504	3,111
Consolidated Net Income / (Loss)	798	1,682	896	-3,131	1,807	2,085	1,737	2,371	1,819	2,504	3,111
Depreciation Expense	276	373	398	399	467	451	562	680	625	510	356
Amortization Expense	1,729	1,502	1,523	1,417	1,442	1,622	1,706	1,668	1,824	2,044	2,282
Non-Cash Adjustments To Reconcile Net Income	-3,018	347	540	2,958	-354	-386	-598	-1,282	-396	-675	-451
Changes in Operating Assets and Liabilities, net	2,101	-1,148	-1,291	543	-519	-283	464	656	136	-163	611
Net Cash From Investing Activities	1,696	485	949	-1,442	-1,962	-2,148	-2,066	-2,466	-1,277	-2,431	-3,768
Net Cash From Continuing Investing Activities	1,696	485	949	-1,442	-1,962	-2,148	-2,066	-2,466	-1,277	-2,431	-3,768
Purchase of Property, Plant & Equipment	-121	-307	-224	-250	-122	-105	-114	-133	-175	-215	-145
Purchase of Investments	-25,411	-29,622	-23,977	-32,019	-24,897	-19,706	-22,442	-23,751	-16,002	-10,357	-14,199
Sale and/or Maturity of Investments	26,564	31,141	25,965	32,878	22,903	20,322	21,309	23,613	16,614	9,147	11,532
Other Investing Activities, net	-299	-727	-640	-850	-961	-758	-819	-2,206	-1,714	-1,006	-956
Net Cash From Financing Activities	-4,476	-3,144	-2,541	-979	-1,467	-1,191	-1,778	-1,581	-2,710	-1,947	-2,076
Net Cash From Continuing Financing Activities	-4,476	-3,144	-2,541	-979	-1,467	-1,191	-1,778	-1,581	-2,710	-1,947	-2,076
Repayment of Debt	-213	-806	-292	-429	-828	-1,583	-500	0.00	-600	0.00	0.00
Repurchase of Common Equity	-1,796	-1,250	-1,330	-1,038	0.00	-200	-171	-1,677	-1,569	-1,394	-1,492
Payment of Dividends	-282	-316	-334	-341	-379	-454	-478	-506	-527	-549	-577
Other Financing Activities, net	-2,215	-1,321	-782	-991	-463	-7.00	-42	14	-14	-4.00	-7.00
Effect of Exchange Rate Changes	-135	-48	-40	70	-10	-9.00	8.00	-6.00	-14	3.00	-20
Cash Interest Paid	-	361	336	322	292	261	232	214	212	209	211
Cash Income Taxes Paid	313	80	130	-6.00	-	-396	-71	496	548	622	812

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

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Change in Cash & Equivalents	59	-126	4.00	-41	8.00	133	-112	71	-47	-18	3.00
Net Cash From Operating Activities	1,084	871	-49	1,771	1,627	1,097	1,260	1,678	1,874	985	1,291
Net Cash From Continuing Operating Activities	1,084	871	-49	1,771	1,627	1,097	1,260	1,678	1,874	985	1,291
Net Income / (Loss) Continuing Operations	592	535	547	651	771	753	738	767	853	630	995
Consolidated Net Income / (Loss)	592	535	547	651	771	753	738	767	853	630	995
Depreciation Expense	131	129	129	128	124	127	60	85	84	92	94
Amortization Expense	473	491	502	517	534	545	561	585	591	607	625
Non-Cash Adjustments To Reconcile Net Income	-338	-298	-249	68	-196	-413	-280	179	63	-415	-246
Changes in Operating Assets and Liabilities, net	226	14	-978	407	394	85	181	62	283	71	-177
Net Cash From Investing Activities	-572	-446	499	-1,319	-1,165	-435	-888	-1,089	-1,356	-401	-743
Net Cash From Continuing Investing Activities	-572	-446	499	-1,319	-1,165	-435	-888	-1,089	-1,356	-401	-743
Purchase of Property, Plant & Equipment	-53	-49	-50	-52	-64	-50	-61	-60	26	-38	-40
Purchase of Investments	-3,696	-3,838	-905	-2,488	-3,126	-1,882	-4,367	-3,704	-4,246	-2,456	-3,134
Sale and/or Maturity of Investments	3,476	3,769	1,705	1,425	2,248	1,756	3,852	2,919	3,005	2,254	2,828
Other Investing Activities, net	-299	-328	-251	-204	-223	-259	-312	-244	-141	-161	-397
Net Cash From Financing Activities	-457	-545	-459	-489	-454	-529	-480	-520	-547	-608	-543
Net Cash From Continuing Financing Activities	-457	-545	-459	-489	-454	-529	-480	-520	-547	-608	-543
Repurchase of Common Equity	-335	-382	-343	-350	-319	-377	-332	-375	-408	-454	-394
Payment of Dividends	-128	-139	-139	-137	-134	-146	-145	-144	-142	-155	-154
Other Financing Activities, net	6.00	-24	23	-2.00	-1.00	-6.00	-3.00	-1.00	3.00	1.00	5.00
Effect of Exchange Rate Changes	4.00	-6.00	13	-4.00	-	0.00	-4.00	2.00	-18	6.00	-2.00
Cash Interest Paid	40	61	42	52	54	52	54	62	43	61	42
Cash Income Taxes Paid	1,002	0.00	-470	-12	1,104	-2.00	-455	-206	1,475	-4.00	-520

This table presents The Hartford 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	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	245,013	228,348	224,576	225,260	62,307	70,817	74,111	76,578	73,008	76,780	80,917
Total Current Assets	63,223	63,181	207,366	43,365	35,714	52,258	151	62,531	51,973	56,219	59,970
Cash & Equivalents	399	448	328	180	112	185	151	205	229	126	183
Short-Term Investments	59,395	59,196	34,288	39,275	35,603	46,827	-	52,366	40,795	44,399	47,393
Note & Lease Receivable	-	-	-	-	-1.00	-	-	5,383	6,000	6,087	6,396
Other Current Assets	-	-	3,730	3,910	-	5,169	-	4,445	4,949	5,607	5,998
Plant, Property, & Equipment, net	831	974	991	1,034	1,006	1,181	1,122	1,027	927	896	888
Total Noncurrent Assets	180,423	163,883	16,108	180,861	61,189	17,378	72,838	13,020	20,108	19,665	20,059
Long-Term Investments	10,791	7,788	2,472	2,696	34,092	1,988	56,532	-	6,137	5,840	5,871
Goodwill	498	498	567	1,290	1,290	1,913	1,911	1,911	1,911	1,911	1,911
Intangible Assets	-	-	44	659	657	1,070	950	858	778	707	637
Noncurrent Deferred & Refundable Income Taxes	2,897	3,206	2,999	1,164	-1,248	299	46	270	1,437	1,173	1,229
Other Noncurrent Operating Assets	160,681	146,767	7,140	171,877	-5,500	7,893	13,399	9,981	9,845	10,034	10,411
Total Liabilities & Shareholders' Equity	245,013	228,348	224,576	225,260	62,307	70,817	74,111	76,578	73,008	76,780	80,917
Total Liabilities	226,293	210,706	207,673	211,766	49,206	54,547	55,555	58,735	59,332	61,453	64,470
Total Current Liabilities	32,988	59,658	192,267	195,049	33,442	37,017	37,855	39,659	41,243	42,318	44,610
Other Current Liabilities	32,532	59,383	28,317	32,287	33,029	36,517	37,855	39,659	41,243	42,318	44,610
Total Noncurrent Liabilities	193,305	151,048	15,406	16,717	15,764	17,530	17,700	19,076	18,089	19,135	19,860
Long-Term Debt	5,653	5,084	4,494	4,678	4,265	4,348	4,352	4,944	4,357	4,362	4,366
Other Noncurrent Operating Liabilities	187,652	145,964	10,912	12,039	11,499	13,182	13,190	14,132	13,732	14,773	15,494
Total Equity & Noncontrolling Interests	18,720	17,642	16,903	13,494	13,101	16,270	18,556	17,843	13,676	15,327	16,447
Total Preferred & Common Equity	18,720	17,642	16,903	13,494	13,101	16,270	18,556	17,843	13,676	15,327	16,447
Preferred Stock	-	-	-	0.00	334	334	334	334	334	334	334
Total Common Equity	18,720	17,642	16,903	13,494	12,767	15,936	18,222	17,509	13,342	14,993	16,113
Common Stock	9,128	8,978	5,251	4,383	4,382	4,316	4,326	3,313	1,898	651	581
Retained Earnings	11,191	12,550	13,114	9,642	11,055	12,685	13,918	15,764	17,058	19,007	21,531
Treasury Stock	-2,527	-3,557	-1,125	-1,194	-1,091	-1,117	-1,192	-1,740	-1,773	-1,816	-3,113
Accumulated Other Comprehensive Income / (Loss)	928	-329	-337	663	-1,579	52	1,170	172	-3,841	-2,849	-2,886

This table presents The Hartford 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	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Total Assets	73,008	74,249	73,895	74,516	76,780	77,710	79,046	81,219	80,917	82,307	83,639
Total Current Assets	51,973	59,156	52,801	53,256	56,219	56,981	58,062	60,254	59,970	61,191	62,180
Cash & Equivalents	229	152	150	111	126	274	154	223	183	138	166
Short-Term Investments	40,795	47,620	41,053	41,594	44,399	44,522	45,216	47,465	47,393	48,311	48,853
Note & Lease Receivable	6,000	6,047	6,020	6,016	6,087	6,197	6,357	6,415	6,396	6,356	6,463
Other Current Assets	4,949	5,271	5,578	5,535	5,607	5,988	6,335	6,151	5,998	6,386	6,698
Plant, Property, & Equipment, net	927	904	884	894	896	879	878	871	888	909	906
Total Noncurrent Assets	20,108	14,189	20,210	20,366	19,665	19,850	20,106	20,094	20,059	20,207	20,553
Long-Term Investments	6,137	-	5,595	5,710	5,840	5,803	5,746	5,915	5,871	5,888	6,052
Goodwill	1,911	1,911	1,911	1,911	1,911	1,911	1,911	1,911	1,911	1,911	1,911
Intangible Assets	778	760	743	725	707	690	672	654	637	619	602
Noncurrent Deferred & Refundable Income Taxes	1,437	1,260	1,342	1,486	1,173	1,182	1,234	976	1,229	1,098	1,094
Other Noncurrent Operating Assets	9,845	10,258	10,619	10,534	10,034	10,264	10,543	10,638	10,411	10,691	10,894
Total Liabilities & Shareholders' Equity	73,008	74,249	73,895	74,516	76,780	77,710	79,046	81,219	80,917	82,307	83,639
Total Liabilities	59,332	59,909	59,743	60,837	61,453	62,242	63,366	64,211	64,470	65,463	66,121
Total Current Liabilities	41,243	41,582	41,219	41,686	42,318	42,771	43,323	43,881	44,610	45,266	45,482
Other Current Liabilities	41,243	41,582	41,219	41,686	42,318	42,771	43,323	43,881	44,610	45,266	45,482
Total Noncurrent Liabilities	18,089	18,327	18,524	19,151	19,135	19,471	20,043	20,330	19,860	20,197	20,639
Long-Term Debt	4,357	4,358	4,360	4,361	4,362	4,363	4,364	4,365	4,366	4,368	4,369
Other Noncurrent Operating Liabilities	13,732	13,969	14,164	14,790	14,773	15,108	15,679	15,965	15,494	15,829	16,270
Total Equity & Noncontrolling Interests	13,676	14,340	14,152	13,679	15,327	15,468	15,680	17,008	16,447	16,844	17,518
Total Preferred & Common Equity	13,676	14,340	14,152	13,679	15,327	15,468	15,680	17,008	16,447	16,844	17,518
Preferred Stock	334	334	334	334	334	334	334	334	334	334	334
Total Common Equity	13,342	14,006	13,818	13,345	14,993	15,134	15,346	16,674	16,113	16,510	17,184
Common Stock	1,898	1,850	1,867	1,872	651	554	561	567	581	527	530
Retained Earnings	17,058	17,454	17,865	18,382	19,007	19,614	20,209	20,834	21,531	22,007	22,850
Treasury Stock	-1,773	-2,044	-2,390	-2,731	-1,816	-2,037	-2,356	-2,722	-3,113	-3,444	-3,812
Accumulated Other Comprehensive Income / (Loss)	-3,841	-3,254	-3,524	-4,178	-2,849	-2,997	-3,068	-2,005	-2,886	-2,580	-2,384

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

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	77.90%	-57.19%	2.54%	4.81%	10.45%	9.42%	-1.05%	9.10%	-0.13%	9.68%	8.19%
EBITDA Growth	212.09%	-77.64%	-27.55%	5.94%	38.91%	30.21%	-10.46%	18.66%	-10.26%	18.62%	14.47%
EBIT Growth	182.51%	-87.39%	-58.05%	34.24%	97.98%	50.27%	-23.78%	33.23%	-21.15%	32.81%	23.15%
NOPAT Growth	186.33%	-87.42%	-19.55%	-132.04%	562.81%	44.47%	-23.32%	32.72%	-22.31%	33.92%	22.75%
Net Income Growth	353.41%	110.78%	-46.73%	-449.44%	157.71%	15.38%	-16.69%	36.50%	-23.28%	37.66%	24.24%
EPS Growth	380.56%	128.90%	-42.68%	-479.30%	157.49%	14.34%	-15.90%	39.50%	-17.77%	45.97%	29.86%
Operating Cash Flow Growth	52.47%	46.13%	-25.04%	5.81%	30.05%	22.72%	10.95%	5.74%	-2.08%	5.29%	40.02%
Free Cash Flow Firm Growth	64.31%	99.39%	-25,089.89%	-605.18%	220.32%	-111.19%	135.21%	-115.01%	205.55%	250.45%	24.13%
Invested Capital Growth	36.26%	3.35%	53.35%	764.92%	-137.49%	46.26%	-20.24%	11.01%	2.63%	-5.31%	-6.38%
Revenue Q/Q Growth	128.42%	-56.99%	7.21%	8.45%	-20.32%	42.52%	1.65%	-2.00%	0.90%	1.59%	1.84%
EBITDA Q/Q Growth	192.95%	-77.89%	5.44%	5.31%	-56.29%	498.76%	1.34%	-12.56%	-3.26%	4.81%	2.17%
EBIT Q/Q Growth	174.55%	-87.59%	11.05%	23.25%	-71.41%	194.53%	2.04%	-20.29%	-6.67%	6.96%	3.19%
NOPAT Q/Q Growth	178.46%	-88.20%	99.79%	-163.80%	-33.46%	191.11%	2.54%	-20.72%	-6.88%	7.18%	2.57%
Net Income Q/Q Growth	9.32%	2.37%	-35.91%	-737.68%	-30.95%	170.06%	-0.63%	9.11%	-7.00%	7.70%	2.71%
EPS Q/Q Growth	6.79%	4.76%	-34.58%	-737.78%	186.69%	20.94%	-0.63%	10.48%	-4.55%	9.18%	3.92%
Operating Cash Flow Q/Q Growth	53.46%	-7.86%	-4.40%	0.05%	13.54%	1.22%	4.68%	-0.29%	-2.91%	14.77%	4.36%
Free Cash Flow Firm Q/Q Growth	-125.63%	-100.74%	-701,707.79%	-56,429.29%	1,232.26%	-24,314.80%	283.15%	-111.55%	123.70%	-0.22%	-13.48%
Invested Capital Q/Q Growth	-0.64%	2.29%	53.83%	409.11%	-105.87%	0.59%	-19.12%	14.16%	-5.39%	-4.43%	-1.25%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	54.66%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	44.60%	23.30%	16.46%	16.64%	20.92%	24.90%	22.53%	24.51%	22.02%	23.81%	25.20%
Operating Margin	39.22%	11.37%	5.23%	6.05%	10.85%	14.90%	11.48%	14.02%	11.07%	13.40%	15.26%
EBIT Margin	39.22%	11.55%	4.73%	6.05%	10.85%	14.90%	11.48%	14.02%	11.07%	13.40%	15.26%
Profit (Net Income) Margin	2.14%	10.53%	5.47%	-18.24%	9.53%	10.05%	8.46%	10.59%	8.13%	10.21%	11.72%
Tax Burden Percent	46.97%	113.80%	200.45%	-433.06%	103.08%	81.45%	81.93%	81.62%	80.42%	81.09%	80.83%
Interest Burden Percent	11.61%	80.11%	57.75%	69.59%	85.22%	82.82%	89.98%	92.55%	91.39%	93.95%	95.08%
Effective Tax Rate	20.60%	19.55%	-37.14%	136.24%	15.29%	18.55%	18.07%	18.38%	19.58%	18.91%	19.17%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	-0.64%	4.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	-6.93%	4.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	-19.96%	9.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	4.24%	9.25%	5.19%	-20.60%	13.59%	14.20%	9.98%	13.03%	11.54%	17.27%	19.58%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	-115.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	5.60%	0.78%	0.34%	0.46%	1.43%	4.64%	3.25%	4.17%	3.31%	4.39%	5.13%
Return on Assets (ROA)	0.31%	0.71%	0.40%	-1.39%	1.26%	3.13%	2.40%	3.15%	2.43%	3.34%	3.95%
Return on Common Equity (ROCE)	4.24%	9.25%	5.19%	-20.60%	13.42%	13.87%	9.78%	12.79%	11.30%	16.87%	19.17%
Return on Equity Simple (ROE_SIMPLE)	4.26%	9.53%	5.30%	-23.20%	13.79%	12.82%	9.36%	13.29%	13.30%	16.34%	18.92%
Net Operating Profit after Tax (NOPAT)	11,617	1,461	1,175	-377	1,743	2,517	1,930	2,562	1,990	2,665	3,272
NOPAT Margin	31.14%	9.15%	7.18%	-2.19%	9.19%	12.14%	9.41%	11.44%	8.90%	10.87%	12.33%
Net Nonoperating Expense Percent (NNEP)	-13.82%	0.35%	-0.56%	6.30%	-0.21%	-0.79%	-0.40%	-0.38%	-0.38%	-0.36%	-0.34%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	11.04%	13.54%	15.72%
Cost of Revenue to Revenue	45.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	10.80%	0.00%	0.00%	26.59%	22.59%	22.08%	21.83%	21.40%	21.65%	19.90%	19.82%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	15.43%	88.63%	94.77%	93.95%	89.15%	85.10%	88.52%	85.98%	88.93%	86.60%	84.74%
Earnings before Interest and Taxes (EBIT)	14,631	1,845	774	1,039	2,057	3,091	2,356	3,139	2,475	3,287	4,048
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	16,636	3,720	2,695	2,855	3,966	5,164	4,624	5,487	4,924	5,841	6,686
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.78	0.90	1.09	1.29	1.11	1.25	0.90	1.28	1.73	1.65	2.13
Price to Tangible Book Value (P/TBV)	0.80	0.92	1.13	1.51	1.31	1.54	1.07	1.52	2.17	2.00	2.52
Price to Revenue (P/Rev)	0.39	0.99	1.12	1.01	0.75	0.96	0.80	1.00	1.03	1.01	1.29
Price to Earnings (P/E)	1.09	9.42	20.53	0.00	7.85	9.64	9.55	9.55	12.87	9.96	11.08
Dividend Yield	1.93%	2.15%	2.12%	1.93%	2.79%	2.18%	2.84%	2.18%	2.17%	2.21%	1.76%
Earnings Yield	91.59%	10.62%	4.87%	0.00%	12.74%	10.37%	10.48%	10.47%	7.77%	10.04%	9.02%
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	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	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	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	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	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	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	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.33	0.30	0.29	0.37	0.36	0.30	0.23	0.28	0.32	0.28	0.27
Long-Term Debt to Equity	0.30	0.29	0.27	0.35	0.33	0.27	0.23	0.28	0.32	0.28	0.27
Financial Leverage	-4.16	-3.50	-2.90	2.88	2.26	-3.72	-2.77	-2.75	-2.87	-3.06	-2.99
Leverage Ratio	13.90	13.02	13.11	14.80	10.81	4.53	4.16	4.14	4.75	5.16	4.96
Compound Leverage Factor	1.61	10.43	7.57	10.30	9.21	3.75	3.74	3.83	4.34	4.85	4.72
Debt to Total Capital	24.60%	23.30%	22.51%	27.03%	26.31%	22.96%	19.00%	21.70%	24.16%	22.15%	20.98%
Short-Term Debt to Total Capital	1.84%	1.20%	1.91%	1.73%	2.32%	2.37%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	22.77%	22.10%	20.60%	25.30%	23.99%	20.59%	19.00%	21.70%	24.16%	22.15%	20.98%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	1.88%	1.58%	1.46%	1.47%	1.85%	1.70%	1.60%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	75.40%	76.70%	77.49%	72.97%	71.81%	75.46%	79.54%	76.84%	73.99%	76.15%	77.42%
Debt to EBITDA	0.37	1.44	1.82	1.75	1.18	0.94	0.94	0.90	0.88	0.75	0.65
Net Debt to EBITDA	-3.88	-16.69	-11.94	-13.01	-16.42	-8.56	-11.32	-8.70	-8.69	-7.88	-7.34
Long-Term Debt to EBITDA	0.34	1.37	1.67	1.64	1.08	0.84	0.94	0.90	0.88	0.75	0.65
Debt to NOPAT	0.53	3.67	4.18	-13.27	2.68	1.93	2.25	1.93	2.19	1.64	1.33
Net Debt to NOPAT	-5.55	-42.49	-27.38	98.68	-37.38	-17.57	-27.11	-18.64	-21.51	-17.26	-15.00
Long-Term Debt to NOPAT	0.49	3.48	3.82	-12.42	2.45	1.73	2.25	1.93	2.19	1.64	1.33
Altman Z-Score	0.60	0.24	0.30	-0.61	0.88	1.16	0.21	1.30	1.16	1.27	1.41
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	1.26%	2.27%	1.92%	1.84%	2.12%	2.30%	2.10%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.92	1.06	1.08	0.22	1.07	1.41	0.00	1.58	1.26	1.33	1.34
Quick Ratio	1.92	1.06	0.18	0.20	1.07	1.27	0.00	1.46	1.14	1.20	1.21
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-14,713	-90	-22,694	-160,032	192,554	-21,552	7,588	-1,139	1,202	4,213	5,230
Operating Cash Flow to CapEx	1,558.68%	897.72%	922.32%	874.40%	2,330.33%	3,322.86%	3,395.61%	3,077.44%	2,290.29%	1,962.79%	4,075.17%
Free Cash Flow to Firm to Interest Expense	-39.13	-0.25	-69.40	-506.43	633.40	-61.75	32.15	-4.87	5.64	21.17	26.28
Operating Cash Flow to Interest Expense	5.02	7.51	6.32	6.92	9.35	10.00	16.40	17.49	18.82	21.21	29.69
Operating Cash Flow Less CapEx to Interest Expense	4.69	6.67	5.63	6.13	8.95	9.70	15.92	16.92	18.00	20.13	28.96
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.14	0.07	0.07	0.08	0.13	0.31	0.28	0.30	0.30	0.33	0.34
Accounts Receivable Turnover	10.82	4.58	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	0.00	0.00
Fixed Asset Turnover	43.68	17.69	16.67	16.95	18.58	18.97	17.82	20.84	22.89	26.91	29.75
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	33.73	79.62	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	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	33.73	79.62	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-46,292	-44,741	-20,872	138,783	-52,028	-27,959	-33,617	-29,916	-29,128	-30,676	-32,634
Invested Capital Turnover	-0.63	-0.35	-0.50	0.29	0.44	-0.52	-0.67	-0.70	-0.76	-0.82	-0.84
Increase / (Decrease) in Invested Capital	26,330	1,551	23,869	159,655	-190,811	24,069	-5,658	3,701	788	-1,548	-1,958
Enterprise Value (EV)	-49,960	-46,236	-13,782	-19,745	-50,657	-23,989	-35,617	-24,985	-19,329	-20,948	-14,499
Market Capitalization	14,516	15,837	18,396	17,408	14,138	19,906	16,380	22,440	23,141	24,721	34,248
Book Value per Share	$43.39	$43.07	$44.75	$37.83	$35.59	$44.48	$50.85	$51.44	$41.94	$49.85	$55.58
Tangible Book Value per Share	$42.23	$41.85	$43.13	$32.36	$30.16	$36.16	$42.87	$43.31	$33.49	$41.14	$46.79
Total Capital	24,829	23,001	21,813	18,492	17,779	21,118	22,908	22,787	18,033	19,689	20,813
Total Debt	6,109	5,359	4,910	4,998	4,678	4,848	4,352	4,944	4,357	4,362	4,366
Total Long-Term Debt	5,653	5,084	4,494	4,678	4,265	4,348	4,352	4,944	4,357	4,362	4,366
Net Debt	-64,476	-62,073	-32,178	-37,153	-65,129	-44,229	-52,331	-47,759	-42,804	-46,003	-49,081
Capital Expenditures (CapEx)	121	307	224	250	122	105	114	133	175	215	145
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-29,103	-55,846	-19,101	-190,819	-33,030	-31,348	-37,855	-29,831	-30,294	-30,624	-32,216
Debt-free Net Working Capital (DFNWC)	30,691	3,798	15,515	-151,364	2,685	15,741	-37,704	22,872	10,730	13,901	15,360
Net Working Capital (NWC)	30,235	3,523	15,099	-151,684	2,272	15,241	-37,704	22,872	10,730	13,901	15,360
Net Nonoperating Expense (NNE)	10,819	-221	279	2,754	-64	432	193	191	171	161	161
Net Nonoperating Obligations (NNO)	-65,012	-62,383	-37,775	125,289	-65,129	-44,229	-52,173	-47,759	-42,804	-46,003	-49,081
Total Depreciation and Amortization (D&A)	2,005	1,875	1,921	1,816	1,909	2,073	2,268	2,348	2,449	2,554	2,638
Debt-free, Cash-free Net Working Capital to Revenue	-78.02%	-349.74%	-116.65%	-1,111.87%	-174.25%	-151.15%	-184.45%	-133.23%	-135.47%	-124.86%	-121.41%
Debt-free Net Working Capital to Revenue	82.27%	23.79%	94.75%	-881.97%	14.17%	75.90%	-183.72%	102.15%	47.98%	56.68%	57.89%
Net Working Capital to Revenue	81.05%	22.06%	92.21%	-883.84%	11.99%	73.49%	-183.72%	102.15%	47.98%	56.68%	57.89%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.81	$4.05	$2.31	($8.61)	$5.03	$5.72	$4.79	$6.71	$5.52	$8.09	$10.51
Adjusted Weighted Average Basic Shares Outstanding	420.95M	396.68M	370.19M	356.98M	359.47M	358.25M	357.51M	331.65M	313.06M	297.35M	285.39M
Adjusted Diluted Earnings per Share	$1.73	$3.96	$2.27	($8.61)	$4.95	$5.66	$4.76	$6.62	$5.44	$7.97	$10.35
Adjusted Weighted Average Diluted Shares Outstanding	420.95M	396.68M	370.19M	356.98M	359.47M	358.25M	357.51M	331.65M	313.06M	297.35M	285.39M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$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	420.95M	396.68M	370.19M	356.98M	359.47M	358.25M	357.51M	331.65M	313.06M	297.35M	285.39M
Normalized Net Operating Profit after Tax (NOPAT)	11,617	1,461	600	727	1,743	2,517	2,016	2,563	2,001	2,670	3,273
Normalized NOPAT Margin	31.14%	9.15%	3.66%	4.24%	9.19%	12.14%	9.82%	11.45%	8.95%	10.89%	12.34%
Pre Tax Income Margin	4.55%	9.26%	2.73%	4.21%	9.25%	12.34%	10.33%	12.97%	10.12%	12.59%	14.51%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	38.91	5.03	2.37	3.29	6.77	8.86	9.98	13.41	11.62	16.52	20.34
NOPAT to Interest Expense	30.90	3.98	3.59	-1.19	5.73	7.21	8.18	10.95	9.34	13.39	16.44
EBIT Less CapEx to Interest Expense	38.59	4.19	1.68	2.50	6.37	8.56	9.50	12.85	10.80	15.44	19.61
NOPAT Less CapEx to Interest Expense	30.57	3.14	2.91	-1.98	5.33	6.91	7.70	10.38	8.52	12.31	15.71
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	35.34%	18.79%	37.28%	-10.89%	20.97%	21.77%	27.52%	21.34%	28.97%	21.92%	18.55%
Augmented Payout Ratio	260.40%	93.10%	185.71%	-44.04%	20.97%	31.37%	37.36%	92.07%	115.23%	77.60%	66.51%

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

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	3.44%	9.59%	12.58%	10.54%	6.38%	8.61%	7.22%	9.45%	7.48%	6.09%	7.72%
EBITDA Growth	-10.50%	9.25%	10.72%	36.84%	19.29%	23.43%	17.00%	10.81%	8.57%	-6.18%	27.29%
EBIT Growth	-19.16%	16.58%	19.34%	79.05%	27.26%	36.70%	33.24%	15.99%	12.51%	-13.32%	34.72%
NOPAT Growth	-19.47%	16.65%	21.21%	82.16%	28.23%	37.91%	32.46%	16.71%	10.11%	-15.62%	32.95%
Net Income Growth	-19.46%	20.77%	23.20%	91.47%	30.24%	40.75%	34.92%	17.82%	10.64%	-16.33%	34.82%
EPS Growth	-13.33%	27.69%	31.06%	104.90%	36.81%	48.80%	41.04%	22.49%	15.66%	-12.96%	40.98%
Operating Cash Flow Growth	-9.97%	103.03%	-105.03%	16.44%	50.09%	25.95%	2,671.43%	-5.25%	15.18%	-10.21%	2.46%
Free Cash Flow Firm Growth	94.66%	-356.39%	-1,576.47%	135.53%	1,614.67%	142.33%	168.61%	50.86%	20.86%	24.97%	-11.71%
Invested Capital Growth	2.63%	17.77%	16.97%	-6.28%	-5.31%	-5.59%	-9.85%	-9.72%	-6.38%	-7.66%	-6.80%
Revenue Q/Q Growth	7.81%	-1.76%	2.35%	1.97%	3.76%	0.30%	1.04%	4.09%	1.90%	-1.00%	2.60%
EBITDA Q/Q Growth	26.04%	-4.75%	2.27%	11.46%	9.88%	-1.45%	-3.06%	5.56%	7.66%	-14.84%	31.53%
EBIT Q/Q Growth	62.86%	-10.45%	2.70%	19.53%	15.76%	-3.80%	0.10%	4.05%	12.29%	-25.89%	55.58%
NOPAT Q/Q Growth	66.67%	-8.91%	2.04%	17.58%	17.33%	-2.03%	-2.00%	3.60%	10.69%	-24.92%	54.41%
Net Income Q/Q Growth	74.12%	-9.63%	2.24%	19.01%	18.43%	-2.33%	-1.99%	3.93%	11.21%	-26.14%	57.94%
EPS Q/Q Growth	78.43%	-8.79%	4.22%	20.81%	19.14%	-0.80%	-1.21%	4.92%	12.50%	-25.35%	60.00%
Operating Cash Flow Q/Q Growth	-28.73%	-19.65%	-105.63%	3,714.29%	-8.13%	-32.58%	14.86%	33.17%	11.68%	-47.44%	31.07%
Free Cash Flow Firm Q/Q Growth	97.72%	-3,574.38%	9.21%	146.72%	-2.81%	2.69%	47.15%	2.72%	-22.14%	6.19%	3.95%
Invested Capital Q/Q Growth	-5.39%	-0.04%	2.93%	-3.85%	-4.43%	-0.30%	-0.99%	-3.73%	-1.25%	-1.50%	-0.18%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	23.09%	22.39%	22.37%	24.45%	25.89%	25.44%	24.41%	24.75%	26.15%	22.50%	28.84%
Operating Margin	13.05%	11.90%	11.94%	13.99%	15.61%	14.97%	14.83%	14.83%	16.34%	12.23%	18.55%
EBIT Margin	13.05%	11.90%	11.94%	13.99%	15.61%	14.97%	14.83%	14.83%	16.34%	12.23%	18.55%
Profit (Net Income) Margin	9.84%	9.05%	9.04%	10.55%	12.05%	11.73%	11.38%	11.36%	12.40%	9.25%	14.24%
Tax Burden Percent	80.54%	81.93%	81.40%	80.07%	81.16%	82.66%	80.92%	80.57%	79.42%	80.46%	79.86%
Interest Burden Percent	93.63%	92.89%	93.07%	94.21%	95.10%	94.80%	94.80%	95.10%	95.55%	94.00%	96.14%
Effective Tax Rate	19.46%	18.07%	18.60%	19.93%	18.84%	17.34%	19.08%	19.43%	20.58%	19.54%	20.14%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	11.54%	12.64%	14.19%	17.46%	17.27%	18.26%	19.53%	19.74%	19.58%	18.49%	19.55%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	3.90%	3.64%	3.84%	4.62%	5.11%	4.93%	4.94%	4.96%	5.50%	4.12%	6.25%
Return on Assets (ROA)	2.94%	2.77%	2.91%	3.48%	3.95%	3.87%	3.79%	3.80%	4.17%	3.11%	4.80%
Return on Common Equity (ROCE)	11.30%	12.36%	13.86%	17.02%	16.87%	17.85%	19.09%	19.31%	19.17%	18.11%	19.16%
Return on Equity Simple (ROE_SIMPLE)	0.00%	13.33%	14.23%	17.00%	0.00%	17.60%	18.58%	17.81%	0.00%	17.74%	0.00%
Net Operating Profit after Tax (NOPAT)	632	576	588	691	811	794	778	806	893	670	1,035
NOPAT Margin	10.51%	9.75%	9.72%	11.20%	12.67%	12.37%	12.00%	11.95%	12.98%	9.84%	14.81%
Net Nonoperating Expense Percent (NNEP)	-0.09%	-0.09%	-0.09%	-0.10%	-0.09%	-0.09%	-0.09%	-0.09%	-0.08%	-0.08%	-0.08%
Return On Investment Capital (ROIC_SIMPLE)	3.51%	-	-	-	4.12%	-	-	-	4.29%	3.16%	4.73%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	19.95%	20.58%	20.25%	19.88%	18.97%	19.99%	19.81%	19.60%	19.87%	19.85%	19.14%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	86.95%	88.10%	88.06%	86.01%	84.39%	85.03%	85.17%	85.17%	83.66%	87.77%	81.45%
Earnings before Interest and Taxes (EBIT)	785	703	722	863	999	961	962	1,001	1,124	833	1,296
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,389	1,323	1,353	1,508	1,657	1,633	1,583	1,671	1,799	1,532	2,015
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.73	1.52	1.60	1.63	1.65	2.13	2.05	2.21	2.13	2.35	2.31
Price to Tangible Book Value (P/TBV)	2.17	1.88	1.98	2.03	2.00	2.57	2.47	2.61	2.52	2.77	2.71
Price to Revenue (P/Rev)	1.03	0.93	0.94	0.90	1.01	1.29	1.24	1.41	1.29	1.44	1.45
Price to Earnings (P/E)	12.87	11.28	11.07	9.45	9.96	11.94	10.88	12.24	11.08	13.06	12.32
Dividend Yield	2.17%	2.38%	2.36%	2.45%	2.21%	1.74%	1.83%	1.60%	1.76%	1.60%	1.60%
Earnings Yield	7.77%	8.87%	9.03%	10.58%	10.04%	8.37%	9.19%	8.17%	9.02%	7.66%	8.12%
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	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	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	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	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	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	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	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.32	0.30	0.31	0.32	0.28	0.28	0.28	0.26	0.27	0.26	0.25
Long-Term Debt to Equity	0.32	0.30	0.31	0.32	0.28	0.28	0.28	0.26	0.27	0.26	0.25
Financial Leverage	-2.87	-3.14	-3.20	-3.14	-3.06	-3.01	-2.99	-3.01	-2.99	-2.98	-2.94
Leverage Ratio	4.75	4.94	5.16	5.49	5.16	5.10	5.13	5.08	4.96	4.95	4.90
Compound Leverage Factor	4.44	4.59	4.80	5.18	4.91	4.83	4.86	4.83	4.74	4.66	4.71
Debt to Total Capital	24.16%	23.31%	23.55%	24.17%	22.15%	22.00%	21.77%	20.42%	20.98%	20.59%	19.96%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	24.16%	23.31%	23.55%	24.17%	22.15%	22.00%	21.77%	20.42%	20.98%	20.59%	19.96%
Preferred Equity to Total Capital	1.85%	1.79%	1.80%	1.85%	1.70%	1.68%	1.67%	1.56%	1.60%	1.57%	1.53%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	73.99%	74.91%	74.64%	73.97%	76.15%	76.31%	76.56%	78.01%	77.42%	77.83%	78.51%
Debt to EBITDA	0.88	0.87	0.84	0.78	0.75	0.71	0.68	0.67	0.65	0.66	0.62
Net Debt to EBITDA	-8.69	-8.63	-8.21	-7.73	-7.88	-7.52	-7.33	-7.52	-7.34	-7.59	-7.23
Long-Term Debt to EBITDA	0.88	0.87	0.84	0.78	0.75	0.71	0.68	0.67	0.65	0.66	0.62
Debt to NOPAT	2.19	2.10	2.00	1.75	1.64	1.51	1.42	1.37	1.33	1.39	1.28
Net Debt to NOPAT	-21.51	-20.98	-19.51	-17.31	-17.26	-16.03	-15.21	-15.44	-15.00	-15.87	-14.89
Long-Term Debt to NOPAT	2.19	2.10	2.00	1.75	1.64	1.51	1.42	1.37	1.33	1.39	1.28
Altman Z-Score	1.08	1.17	1.10	1.11	1.17	1.25	1.24	1.31	1.29	1.32	1.36
Noncontrolling Interest Sharing Ratio	2.12%	2.21%	2.35%	2.51%	2.30%	2.24%	2.24%	2.18%	2.10%	2.07%	2.01%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.26	1.42	1.28	1.28	1.33	1.33	1.34	1.37	1.34	1.35	1.37
Quick Ratio	1.14	1.29	1.15	1.14	1.20	1.19	1.19	1.23	1.21	1.21	1.22
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-156	-5,722	-5,195	2,427	2,359	2,422	3,564	3,661	2,851	3,027	3,147
Operating Cash Flow to CapEx	2,045.28%	1,777.55%	-98.00%	3,405.77%	2,542.19%	2,194.00%	2,065.57%	2,796.67%	0.00%	2,592.11%	3,227.50%
Free Cash Flow to Firm to Interest Expense	-3.11	-114.44	-103.91	48.54	48.14	48.45	71.29	74.72	57.01	60.54	62.94
Operating Cash Flow to Interest Expense	21.68	17.42	-0.98	35.42	33.20	21.94	25.20	34.24	37.48	19.70	25.82
Operating Cash Flow Less CapEx to Interest Expense	20.62	16.44	-1.98	34.38	31.90	20.94	23.98	33.02	38.00	18.94	25.02
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.30	0.31	0.32	0.33	0.33	0.33	0.33	0.33	0.34	0.34	0.34
Accounts Receivable Turnover	0.00	0.00	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	0.00	0.00
Fixed Asset Turnover	22.89	24.10	25.41	26.31	26.91	28.08	28.91	29.53	29.75	30.12	30.75
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	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	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	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-29,128	-29,140	-28,286	-29,375	-30,676	-30,768	-31,072	-32,230	-32,634	-33,125	-33,184
Invested Capital Turnover	-0.76	-0.71	-0.76	-0.85	-0.82	-0.84	-0.86	-0.85	-0.84	-0.84	-0.85
Increase / (Decrease) in Invested Capital	788	6,298	5,783	-1,736	-1,548	-1,628	-2,786	-2,855	-1,958	-2,357	-2,112
Enterprise Value (EV)	-19,329	-21,828	-20,037	-20,953	-20,948	-13,641	-14,943	-12,085	-14,499	-10,900	-10,650
Market Capitalization	23,141	21,318	22,067	21,767	24,721	32,261	31,475	36,819	34,248	38,735	39,718
Book Value per Share	$41.94	$44.74	$44.54	$43.64	$49.85	$51.17	$51.89	$56.91	$55.58	$57.85	$60.49
Tangible Book Value per Share	$33.49	$36.21	$35.99	$35.02	$41.14	$42.38	$43.15	$48.15	$46.79	$48.99	$51.64
Total Capital	18,033	18,698	18,512	18,040	19,689	19,831	20,044	21,373	20,813	21,212	21,887
Total Debt	4,357	4,358	4,360	4,361	4,362	4,363	4,364	4,365	4,366	4,368	4,369
Total Long-Term Debt	4,357	4,358	4,360	4,361	4,362	4,363	4,364	4,365	4,366	4,368	4,369
Net Debt	-42,804	-43,480	-42,438	-43,054	-46,003	-46,236	-46,752	-49,238	-49,081	-49,969	-50,702
Capital Expenditures (CapEx)	53	49	50	52	64	50	61	60	-26	38	40
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-30,294	-30,264	-29,621	-30,135	-30,624	-30,586	-30,631	-31,315	-32,216	-32,524	-32,321
Debt-free Net Working Capital (DFNWC)	10,730	17,574	11,582	11,570	13,901	14,210	14,739	16,373	15,360	15,925	16,698
Net Working Capital (NWC)	10,730	17,574	11,582	11,570	13,901	14,210	14,739	16,373	15,360	15,925	16,698
Net Nonoperating Expense (NNE)	40	41	41	40	40	41	40	39	40	40	40
Net Nonoperating Obligations (NNO)	-42,804	-43,480	-42,438	-43,054	-46,003	-46,236	-46,752	-49,238	-49,081	-49,969	-50,702
Total Depreciation and Amortization (D&A)	604	620	631	645	658	672	621	670	675	699	719
Debt-free, Cash-free Net Working Capital to Revenue	-135.47%	-132.28%	-125.75%	-124.82%	-124.86%	-122.17%	-120.25%	-120.18%	-121.41%	-120.79%	-117.84%
Debt-free Net Working Capital to Revenue	47.98%	76.81%	49.17%	47.92%	56.68%	56.76%	57.86%	62.84%	57.89%	59.14%	60.88%
Net Working Capital to Revenue	47.98%	76.81%	49.17%	47.92%	56.68%	56.76%	57.86%	62.84%	57.89%	59.14%	60.88%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.84	$1.69	$1.75	$2.12	$2.53	$2.51	$2.48	$2.60	$2.92	$2.18	$3.49
Adjusted Weighted Average Basic Shares Outstanding	313.06M	310.23M	305.82M	300.77M	297.35M	295.76M	293.01M	289.89M	285.39M	284.10M	281.17M
Adjusted Diluted Earnings per Share	$1.82	$1.66	$1.73	$2.09	$2.49	$2.47	$2.44	$2.56	$2.88	$2.15	$3.44
Adjusted Weighted Average Diluted Shares Outstanding	313.06M	310.23M	305.82M	300.77M	297.35M	295.76M	293.01M	289.89M	285.39M	284.10M	281.17M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$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	313.06M	310.23M	305.82M	300.77M	297.35M	295.76M	293.01M	289.89M	285.39M	284.10M	281.17M
Normalized Net Operating Profit after Tax (NOPAT)	635	576	590	692	812	795	778	807	893	670	1,035
Normalized NOPAT Margin	10.55%	9.75%	9.76%	11.22%	12.69%	12.39%	12.00%	11.96%	12.98%	9.84%	14.81%
Pre Tax Income Margin	12.22%	11.05%	11.11%	13.18%	14.84%	14.19%	14.06%	14.10%	15.61%	11.50%	17.83%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	15.70	14.06	14.44	17.26	20.39	19.22	19.24	20.43	22.48	16.66	25.92
NOPAT to Interest Expense	12.65	11.52	11.75	13.82	16.55	15.89	15.57	16.46	17.85	13.40	20.70
EBIT Less CapEx to Interest Expense	14.64	13.08	13.44	16.22	19.08	18.22	18.02	19.20	23.00	15.90	25.12
NOPAT Less CapEx to Interest Expense	11.59	10.54	10.75	12.78	15.24	14.89	14.35	15.23	18.37	12.64	19.90
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	28.97%	27.79%	26.71%	23.35%	21.92%	20.43%	19.29%	18.79%	18.55%	19.61%	18.34%
Augmented Payout Ratio	115.23%	106.70%	96.72%	84.00%	77.60%	71.45%	66.60%	65.10%	66.51%	72.12%	68.60%

Financials Breakdown Chart

Key Financial Trends

Over the past four years, The Hartford Insurance Group (NYSE: HIG) has demonstrated a steady financial profile with notable growth in key financial metrics through 2025 Q2.

Positive trends:

Net income has steadily increased from $535 million in Q1 2023 to $995 million in Q2 2025, reflecting improved profitability.
Operating revenue rose consistently from approximately $5.91 billion in Q1 2023 to $6.99 billion in Q2 2025, indicating top-line growth.
Net cash from continuing operating activities increased from $871 million in Q1 2023 to $1.29 billion in Q2 2025, showcasing strong cash-generating ability.
The company maintained substantial investment in property, plant & equipment (~$40 million per quarter recent years), pointing to ongoing capital expenditure to support operations.
The balance sheet strengthened as total equity increased from approximately $13.4 billion in Q1 2023 to $17.5 billion in Q2 2025, reflecting retained earnings growth and equity base expansion.
Diluted earnings per share rose from $1.66 in Q1 2023 to $3.44 in Q2 2025, demonstrating gains in shareholder value.
The company consistently paid and modestly increased cash dividends per share from $0.425 in early 2023 to $0.52 in mid-2025, indicating stable shareholder distributions.
Total assets grew from about $74 billion in early 2023 to $83.6 billion by Q2 2025, supporting increased business scale.

Neutral observations:

Interest expense has remained flat around $50 million per quarter, showing stable borrowing costs but no improvement.
The company undertakes regular share repurchases (about $300-$400 million each quarter recently), which can support EPS but also use cash.

Negative or cautionary notes:

Net cash from investing activities was negative in most quarters, driven by large investments purchases exceeding sales, consuming cash.
Non-cash adjustments to reconcile net income to cash flow have fluctuated significantly, sometimes negative adjustments reduced operating cash flow notably (e.g., -$246 million in Q2 2025).
Accumulated other comprehensive income/loss remained negative across periods, indicating potential unrealized losses affecting equity.
Total liabilities have increased from around $59.9 billion in Q1 2023 to $66.1 billion in Q2 2025; while supported by equity growth, higher liabilities may elevate risk.

In summary, Hartford Insurance Group has shown solid growth in earnings, revenue, and cash flow from operations over the examined period. The company balances investment in property and investments with consistent shareholder returns. However, higher investing outflows and increased liabilities warrant monitoring. Overall, financial trends convey an improving fundamental position, with stable operating and financial performance through mid-2025.

09/28/25 08:11 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About The Hartford Insurance Group's Financials

When does The Hartford Insurance Group's fiscal year end?

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

How has The Hartford Insurance Group's net income changed over the last 10 years?

The Hartford Insurance Group's net income appears to be on an upward trend, with a most recent value of $3.11 billion in 2024, rising from $798 million in 2014. The previous period was $2.50 billion in 2023. See The Hartford Insurance Group's forecast for analyst expectations on what’s next for the company.

What is The Hartford Insurance Group's operating income?

The Hartford Insurance Group's total operating income in 2024 was $4.05 billion, based on the following breakdown:

Total Gross Profit: $26.54 billion
Total Operating Expenses: $22.49 billion

How has The Hartford Insurance Group's revenue changed over the last 10 years?

Over the last 10 years, The Hartford Insurance Group's total revenue changed from $37.30 billion in 2014 to $26.54 billion in 2024, a change of -28.9%.

How much debt does The Hartford Insurance Group have?

The Hartford Insurance Group's total liabilities were at $64.47 billion at the end of 2024, a 4.9% increase from 2023, and a 71.5% decrease since 2014.

How much cash does The Hartford Insurance Group have?

In the past 10 years, The Hartford Insurance Group's cash and equivalents has ranged from $112 million in 2018 to $448 million in 2015, and is currently $183 million as of their latest financial filing in 2024.

How has The Hartford Insurance Group's book value per share changed over the last 10 years?

Over the last 10 years, The Hartford Insurance Group's book value per share changed from 43.39 in 2014 to 55.58 in 2024, a change of 28.1%.

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This page (NYSE:HIG) was last updated on 9/28/2025 by MarketBeat.com Staff

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The Hartford Insurance Group (HIG) Financials

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The Hartford Insurance Group (HIG) Financials

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