The Hartford Insurance Group, Inc. (HIG) Financial Statements

Executive TeamFinancials
SegmentsShareholders

Hartford Insurance financial statements at a glance

Hartford Insurance reported revenue of $26.45 billion for fiscal year 2024 (ended December 31, 2024), up 7.8% from fiscal year 2023. Net income was $3.11 billion, a net margin of 11.8%.

At the end of fiscal year 2024 it had total assets of $80.92 billion, total liabilities of $64.47 billion and shareholders' equity of $16.45 billion, with total debt of $4.37 billion.

Its operations brought in $5.91 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 3 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2024.

HIG logo

The Hartford Insurance Group, Inc.

HIGUnited States
Financial Services
USD (Local)

Income Statement

Annual • USD

Revenue
26.45B
Prev Year: 24.53B
YoY: +7.8%
Losses, Benefits, and Adjustments, Total
14.87B
Prev Year: 14.24B
YoY: +4.5%
Depreciation/Amortization
71.00M
Prev Year: 71.00M
YoY: 0.0%
Other Operating Expenses, Total
5.26B
Prev Year: 4.88B
YoY: +7.7%
Operating Expenses
22.49B
Prev Year: 21.24B
YoY: +5.9%
Operating Income
3.96B
Prev Year: 3.29B
YoY: +20.6%
Interest Inc.(Exp.),Net-Non-Op., Total
-115.00M
Prev Year: -199.00M
YoY: +42.2%
Amortization of Policy Acquisition Costs
2.28B
Prev Year: 2.04B
YoY: +11.6%
Net Investment Income
2.57B
Prev Year: 2.31B
YoY: +11.4%
Net Income Before Taxes
3.85B
Prev Year: 3.09B
YoY: +24.6%
Provision for Income Taxes
738.00M
Prev Year: 584.00M
YoY: +26.4%
Net Income After Taxes
3.11B
Prev Year: 2.50B
YoY: +24.2%
Realized & Unrealized Gains (Losses)
-145.00M
Prev Year: -188.00M
YoY: +22.9%
Net Income Before Extra. Items
3.11B
Prev Year: 2.50B
YoY: +24.2%
Total Premiums Earned
24.03B
Prev Year: 22.41B
YoY: +7.2%
Net Income
3.11B
Prev Year: 2.50B
YoY: +24.2%
Total Adjustments to Net Income
-21.00M
Prev Year: -21.00M
YoY: 0.0%
Income Available to Com Excl ExtraOrd
3.09B
Prev Year: 2.48B
YoY: +24.4%
Income Available to Com Incl ExtraOrd
3.09B
Prev Year: 2.48B
YoY: +24.4%
Diluted Net Income
3.09B
Prev Year: 2.48B
YoY: +24.4%
Diluted Weighted Average Shares
298.60M
Prev Year: 311.50M
YoY: -4.1%
Diluted EPS Excluding ExtraOrd Items
10.348
Prev Year: 7.971
YoY: +29.8%
DPS - Common Stock Primary Issue
1.93
Prev Year: 1.745
YoY: +10.6%
Diluted Normalized EPS
10.151
Prev Year: 8.008
YoY: +26.8%
Unusual Expense (Income)
2.00M
Prev Year: 6.00M
YoY: -66.7%
Values in USD

Hartford Insurance key figures by fiscal year

FY2024FY2023FY2022
Revenue$26.5B$24.5B$22.4B
Operating income$4.0B$3.3B$2.5B
Net income$3.1B$2.5B$1.8B
Total assets$80.9B$76.8B$73.0B
Total liabilities$64.5B$61.5B$59.3B
Shareholders' equity$16.4B$15.3B$13.7B
Total debt$4.4B$4.4B$4.4B
Operating cash flow$5.9B$4.2B$4.0B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2022.

Questions and answers

What was Hartford Insurance's revenue in fiscal year 2024?

$26.45 billion, up 7.8% from $24.53 billion in fiscal year 2023.

How much profit does Hartford Insurance make?

Hartford Insurance reported net income of $3.11 billion for fiscal year 2024 (11.8% of revenue); operating income was $3.96 billion.

How much cash and debt does Hartford Insurance have?

At the end of fiscal year 2024: total debt of $4.37 billion.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
LinkedInLinkedInXXYouTubeYouTube