Hartford (HIG)
Financials · $35.0B market cap · SEC CIK 0000874766
fundamentals score out of 100
Next reports on Oct 26, 2026, after the close, with analysts expecting $3.09 in earnings per share.
The case for HIG
- Cheap on earnings at 8.0×, well under the market's usual 20×.
- Earnings per share up 40.1%.
- A PEG of 0.20: a P/E of 8.0× is low for EPS growing 40%.
- Return on equity of 23%.
- Moves less than the market (beta 0.49).
- Pays a modest 2.4% dividend.
The case against
- Weakest against its peers: revenue growth of +5.7% is slower than 73% of Financials companies.
- Its weakest area is the price trend (44/100): -0.2% over a year, +1.9% over three months, 33% of the way up its 52-week range.
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Financials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 86 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 48 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 56 |
| Momentumhow the price has behaved lately | 44 |
| Stabilityhow violently it moves, what it owes and what it pays you | 89 |
- Its debt and cash flow are not scored, as for every company in the Financials sector: for banks, insurers and brokers, borrowing is the business.
- Each factor except momentum is half fixed thresholds, half rank among the 74 Financials companies.
Key numbers
| Price / earnings | 8.0× |
|---|---|
| Price / book | 1.85× |
| Price / sales | 1.2× |
| Revenue growth (YoY) | +5.7% |
| EPS growth (YoY) | +40.1% |
| Gross margin | — |
| Operating margin | 18% |
| Net margin | 15% |
| Return on equity | 23% |
| Debt / equity | 0.22× |
| Current ratio | n/a |
| Dividend yield | 2.41% |
| Beta | 0.49 |
| 52-week range | $120.33 – $146.07 |
| Position in that range | 33% of the way up |
| 3-month return | +1.9% |
| 1-year return | -0.2% |
Five years of financials, as filed
Pulled from Hartford's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.4B | $1.4B | $1.6B |
| Net income | $3.8B | $3.1B | $2.5B | $1.8B | $2.4B |
| Operating cash flow | $5.9B | $5.9B | $4.2B | $4.0B | $4.1B |
| Capital expenditure | $169M | $145M | $215M | $175M | $133M |
| Total assets | $86.0B | $80.9B | $76.8B | $73.0B | $76.6B |
| Total liabilities | $67.0B | $64.5B | $61.5B | $59.3B | $58.7B |
| Shareholder equity | $19.0B | $16.4B | $15.3B | $13.7B | $17.8B |
| Cash | $166M | $234M | $189M | $344M | $337M |
| Long-term debt | $4.4B | $4.4B | $4.4B | $4.4B | $4.9B |
| Free cash flow | $5.8B | $5.8B | $4.0B | $3.8B | $4.0B |
| Net margin | 254.7% | 213.4% | 181.2% | 127.8% | 151.1% |
| Diluted shares | 287M | 299M | 312M | 330M | 354M |
Share count is down 19.1% over 4 years. Buybacks have been shrinking the pie.
What Hartford says it does
Item 1. Business (Dollar amounts in millions, except for per share data, unless otherwise stated) Index Description Page General 6 Organization 6 Purpose and Strategic Priorities 6 Reportable Segments and Corporate 7 Reserves 15 Underwriting for P&C and Employee Benefits 16 Claims Administration for P&C and Employee Benefits 16 Reinsurance 16 Investment Operations 17 Enterprise Risk Management 17 Regulation 17 Intellectual Property 18 Human Capital Resources 18 Available Information 20 General The Hartford Insurance Group, Inc. ("HIG") (together with its subsidiaries, "The Hartford", the "Company", "we", or "our") is a holding company for a group of subsidiaries that provide property and casualty ("P&C") insurance, employee group benefits insurance and services, and mutual funds and exchange-traded funds ("ETF") to individual and business customers in the United States, as well as in the United Kingdom and other international…
Risk factors HIG lists in its 10-K
- Insurance Financial Strength Ratings as of February 19, 2026
- U.S. Statutory Capital Rollforward for the Company's Insurance Subsidiaries
- Property and Casualty Insurance Subsidiaries [1] [2]
- Employee Benefits Insurance Subsidiary
- U.S. statutory capital at January 1, 2025
- U.S. statutory capital at December 31, 2025
- The statutory capital for property and casualty insurance subsidiaries in this table does not include the value of an intercompany note owed by HHI to Hartford Fire Insurance Company
- Excludes insurance operations in the U.K
- Legislative and Regulatory Developments
- Guaranty Fund and Other Insurance-related Assessments
- Evaluation of Disclosure Controls and Procedures
- Management's Annual Report on Internal Control Over Financial Reporting
- Internal Control-Integrated Framework (2013)
- Changes in Internal Control Over Financial Reporting