The Hartford Financial Services Group, Inc. is an insurance and financial services company. The company provides life insurance, group and employee benefits, automobile and homeowners insurance and business insurance, as well as investment products, annuities, mutual funds, and college savings plans. It operates through the following segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits and Hartford Funds. The Commercial Lines segment provides workers compensation, property, automobile, liability and umbrella coverage under several different products, primarily throughout the U.S., within its standard commercial lines, which consists of The Hartford's small commercial and middle market lines of business. The Personal Lines segment includes automobile, homeowners and home-based business coverage to individuals across the U.S. The Property & Casualty Other Operations segment includes certain property and casualty operations, currently managed by the company, that have discontinued writing new business and substantially all of the company's asbestos and environmental exposures. The Group Benefits segment offers group life, accident and disability coverage, group retiree health and voluntary benefits to individual members of employer groups, associations, affinity groups and financial institutions. The Hartford Funds segment offers investment products for retail and retirement accounts and provides investment management and administrative services such as product design, implementation and oversight. The Hartford Financial Services Group was founded on May 10, 1810 and is headquartered in Hartford, CT.
Highlights
The company's equity rose by 11% YoY and by 4.3% QoQ
The company's debt fell by 10% YoY
HIG's P/E is 37% below its 5-year quarterly average of 14.6 but 9% above its last 4 quarters average of 8.4
HIG's gross profit is up by 4.2% year-on-year but it is down by 2.5% since the previous quarter
The net income has declined by 4.2% since the previous quarter
The EPS has contracted by 3.8% from the previous quarter
Key stats
What are the main financial stats of HIG
Market
Shares outstanding
358.33M
Market cap
$15.84B
Enterprise value
$19.92B
Valuations
Price to earnings (P/E)
9.19
Price to book (P/B)
0.89
Price to sales (P/S)
0.77
EV/EBIT
8.34
EV/EBITDA
6.83
EV/Sales
0.97
Earnings
Revenue
$20.56B
EBIT
$2.39B
EBITDA
$2.92B
Free cash flow
$3.59B
Per share
EPS
$4.81
Free cash flow per share
$10.02
Book value per share
$49.7
Revenue per share
$57.39
TBVPS
$193.85
Balance sheet
Total assets
$72.32B
Total liabilities
$54.52B
Debt
$4.35B
Equity
$17.8B
Working capital
N/A
Liquidity
Debt to equity
0.24
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
1.4
Margins
EBITDA margin
14.2%
Gross margin
43.3%
Net margin
8.5%
Operating margin
11.6%
Efficiency
Return on assets
2.4%
Return on equity
10.4%
Return on invested capital
3.3%
Return on capital employed
N/A
Return on sales
11.6%
Dividend
Dividend yield
2.94%
DPS
$1.3
Payout ratio
27%
HIG stock price
How has the Hartford Financial Services Group stock price performed over time
Intraday
0%
1 week
-7.01%
1 month
14.75%
1 year
-28.55%
YTD
-27.27%
QTD
19.91%
Financial performance
How have Hartford Financial Services Group's revenue and profit performed over time
Revenue
$20.56B
Gross profit
$8.89B
Operating income
$2.39B
Net income
$1.75B
Gross margin
43.3%
Net margin
8.5%
Hartford Financial Services Group's operating income has decreased by 8% QoQ
Hartford Financial Services Group's operating margin has decreased by 8% QoQ and by 3.3% YoY
HIG's gross profit is up by 4.2% year-on-year but it is down by 2.5% since the previous quarter
The net income has declined by 4.2% since the previous quarter
Growth
What is Hartford Financial Services Group's growth rate over time
Valuation
What is Hartford Financial Services Group stock price valuation
P/E
9.19
P/B
0.89
P/S
0.77
EV/EBIT
8.34
EV/EBITDA
6.83
EV/Sales
0.97
HIG's P/E is 37% below its 5-year quarterly average of 14.6 but 9% above its last 4 quarters average of 8.4
The EPS has contracted by 3.8% from the previous quarter
The stock's price to book (P/B) is 19% less than its 5-year quarterly average of 1.1
The company's equity rose by 11% YoY and by 4.3% QoQ
HIG's price to sales (P/S) is 23% lower than its 5-year quarterly average of 1.0 but 10% higher than its last 4 quarters average of 0.7
The revenue has increased by 2.7% YoY
Efficiency
How efficient is Hartford Financial Services Group business performance
The company's return on equity fell by 10% YoY and by 6% QoQ
HIG's return on assets is down by 8% since the previous quarter and by 8% year-on-year
Hartford Financial Services Group's ROIC has decreased by 6% from the previous quarter and by 2.9% YoY
The ROS has contracted by 4.1% from the previous quarter
Dividends
What is HIG's dividend history
DPS
$1.3
Dividend yield
2.94%
Payout ratio
27%
Recent dividends
Financial health
How did Hartford Financial Services Group financials performed over time
The total assets is 33% greater than the total liabilities
The company's debt is 76% lower than its equity
HIG's debt to equity is down by 20% year-on-year and by 4% since the previous quarter
The company's equity rose by 11% YoY and by 4.3% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.