The Hartford Insurance Group, Inc.HIG
NYSE•Financial Services•Insurance - Diversified
The Hartford Insurance Group, Inc., together with its subsidiaries, provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. It operates through Business Insurance, Personal Insurance, Property & Casualty Other Operations, Employee Benefits and Hartford Funds. The company offers insurance coverage, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company also provides automobiles, homeowners, and personal umbrella coverages. The Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. In addition, it provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; leave management solution; distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Further, the company offers managed mutual funds across various asset classes; and exchange-traded funds through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust, and registered investment advisers, as well as investment management, distribution, and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.
The Hartford Insurance Group, I (HIG) reported trailing twelve months revenue of $28.78B as of March 2026, a 6.9% increase year-over-year. Quarterly revenue reached $7.23B, reflecting continued top-line momentum.
The Hartford Insurance Group, I generated $4.06B in TTM net income, with quarterly EBITDA of $1.06B. The operating margin expanded from 11.5% to 14.6%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (14.6%) and net margin (11.8%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 9.3% a year ago, signaling stronger bottom-line efficiency.
HIG trades at a P/E of 9.1x (below the broader market average) and a P/S of 1.3x. The price-to-book ratio of 2.0x reflects a moderate premium to book value.
The company generated $1.01B in free cash flow over the trailing twelve months, a 7.1% increase year-over-year, indicating cash generation ability. The balance sheet shows $86.32B in total assets with $4.37B in long-term debt against $18.89B in stockholders equity for a debt-to-equity ratio of 0.2, a conservative capital structure. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are expanding at ~15.7%, suggesting durable pricing power and cost discipline.
Consistently high ROE averaging 19.1% suggests a durable competitive advantage and efficient capital allocation.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
TTM revenue has grown consistently (7 of 7 quarters up), with ~13.0% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~17.5% — no sign of cost or pricing stress.
FCF covers net income by 1.6x on average — earnings are well-supported by cash generation.
D/E ratio is 0.2 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 6.6% — net buybacks are reducing shares outstanding and boosting per-share value.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation