Hamilton Insurance Group (HG) Financials

$18.51 +0.16 (+0.87%)

Closing price 03:59 PM Eastern

Extended Trading

$18.55 +0.04 (+0.22%)

As of 05:31 PM Eastern

Annual Income Statements for Hamilton Insurance Group

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

Metric	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	188	-98	259	400
Consolidated Net Income / (Loss)	250	-30	280	613
Net Income / (Loss) Continuing Operations	250	-30	280	613
Total Pre-Tax Income	262	-27	255	622
Total Operating Income	-38	-76	54	88
Total Gross Profit	378	397	623	748
Total Revenue	1,018	1,233	1,571	2,330
Operating Revenue	1,018	1,155	1,337	1,758
Total Cost of Revenue	641	758	715	1,010
Operating Cost of Revenue	641	758	715	1,010
Total Operating Expenses	416	473	569	660
Selling, General & Admin Expense	172	178	260	271
Amortization Expense	243	271	309	389
Impairment Charge	0.94	24	0.00	0.00
Total Other Income / (Expense), net	301	49	202	533
Interest Expense	15	16	21	23
Interest & Investment Income	309	72	240	575
Other Income / (Expense), net	6.44	-6.70	-17	-19
Income Tax Expense	12	3.10	-25	8.40
Net Income / (Loss) Attributable to Noncontrolling Interest	62	68	22	213
Basic Earnings per Share	$1.83	($0.95)	$2.47	$3.81
Weighted Average Basic Shares Outstanding	-	-	56.69M	64.62M
Diluted Earnings per Share	$1.82	($0.95)	$2.44	$3.67
Weighted Average Diluted Shares Outstanding	-	-	56.69M	64.62M
Weighted Average Basic & Diluted Shares Outstanding	-	-	56.69M	64.62M

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

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	51	37	44	127	157	131	78	34
Consolidated Net Income / (Loss)	53	41	53	133	277	200	61	74
Net Income / (Loss) Continuing Operations	53	41	53	133	277	200	61	74
Total Pre-Tax Income	55	44	55	101	278	203	64	77
Total Operating Income	27	28	6.27	-8.52	21	49	15	3.16
Total Gross Profit	138	154	148	182	160	210	180	198
Total Revenue	322	357	396	495	659	588	513	570
Operating Revenue	287	334	339	377	393	425	453	488
Total Cost of Revenue	149	179	192	195	232	214	274	290
Operating Cost of Revenue	149	179	192	195	232	214	274	290
Total Operating Expenses	111	126	142	190	139	161	165	195
Selling, General & Admin Expense	46	49	63	102	55	65	62	89
Amortization Expense	65	77	79	89	85	96	102	106
Total Other Income / (Expense), net	27	16	49	110	257	154	49	74
Interest Expense	5.53	5.19	5.29	5.43	5.71	6.03	5.35	5.53
Interest & Investment Income	37	27	55	120	268	165	66	76
Other Income / (Expense), net	-4.82	-5.65	-1.36	-5.14	-5.38	-5.10	-11	2.90
Income Tax Expense	1.57	2.95	2.39	-32	0.59	2.50	3.03	2.29
Net Income / (Loss) Attributable to Noncontrolling Interest	1.51	4.50	9.07	6.48	120	69	-17	40
Basic Earnings per Share	$0.50	$0.35	$0.42	$1.20	$1.42	$1.24	$0.77	$0.38
Weighted Average Basic Shares Outstanding	-	-	-	56.69M	56.81M	61.34M	64.20M	64.62M
Diluted Earnings per Share	$0.49	$0.35	$0.41	$1.19	$1.38	$1.20	$0.74	$0.35
Weighted Average Diluted Shares Outstanding	-	-	-	56.69M	56.81M	61.34M	64.20M	64.62M
Weighted Average Basic & Diluted Shares Outstanding	-	-	-	56.69M	56.81M	61.34M	64.20M	64.62M

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

Metric	2021	2022	2023	2024
Net Change in Cash & Equivalents	295	243	-306	200
Net Cash From Operating Activities	227	191	283	759
Net Cash From Continuing Operating Activities	227	191	283	759
Net Income / (Loss) Continuing Operations	250	-30	280	613
Consolidated Net Income / (Loss)	250	-30	280	613
Depreciation Expense	14	15	12	16
Non-Cash Adjustments To Reconcile Net Income	-43	300	20	88
Changes in Operating Assets and Liabilities, net	5.56	-94	-29	42
Net Cash From Investing Activities	138	133	-652	-184
Net Cash From Continuing Investing Activities	138	133	-652	-184
Purchase of Investments	-4,561	-4,722	-5,283	-6,243
Sale and/or Maturity of Investments	4,625	4,856	4,670	6,060
Other Investing Activities, net	16	-1.02	-39	-1.58
Net Cash From Financing Activities	-68	-70	59	-363
Net Cash From Continuing Financing Activities	-68	-70	59	-363
Repayment of Debt	0.00	-0.35	0.00	0.00
Repurchase of Common Equity	-7.38	-1.52	-2.44	-150
Payment of Dividends	-62	-68	-22	-213
Issuance of Common Equity	0.01	0.01	0.07	0.03
Other Financing Activities, net	1.01	0.31	83	0.37
Effect of Exchange Rate Changes	-1.51	-11	3.57	-12
Cash Interest Paid	12	16	22	22
Cash Income Taxes Paid	12	9.97	4.21	11

This table details how cash moves in and out of Hamilton 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
Net Change in Cash & Equivalents	-	-122	-160	-22	-2.67	280	-66	-64	50
Net Cash From Operating Activities	-	12	64	172	35	158	156	161	284
Net Cash From Continuing Operating Activities	-	12	64	172	35	158	156	161	284
Net Income / (Loss) Continuing Operations	-	53	41	53	133	277	200	61	74
Consolidated Net Income / (Loss)	-	53	41	53	133	277	200	61	74
Depreciation Expense	-	3.09	2.71	3.20	3.42	3.63	3.83	5.63	3.39
Non-Cash Adjustments To Reconcile Net Income	-	3.62	-16	111	-78	-131	-9.04	120	108
Changes in Operating Assets and Liabilities, net	-	-48	36	5.39	-23	8.26	-39	-26	98
Net Cash From Investing Activities	-	-132	-220	-179	-121	194	-64	-225	-89
Net Cash From Continuing Investing Activities	-	-132	-220	-179	-121	194	-64	-225	-89
Purchase of Investments	-	-1,282	-1,276	-1,284	-1,440	-1,476	-1,441	-1,722	-1,604
Sale and/or Maturity of Investments	-	1,183	1,060	1,029	1,398	1,662	1,321	1,468	1,610
Other Investing Activities, net	-	-33	-3.65	76	-79	8.13	56	29	-95
Net Cash From Financing Activities	-	-3.12	-5.14	-9.06	76	-68	-157	-10	-127
Net Cash From Continuing Financing Activities	-	-3.12	-5.14	-9.06	76	-68	-157	-10	-127
Repurchase of Common Equity	-	-1.61	-0.64	-	-0.19	-3.21	-110	-10	-27
Payment of Dividends	-	-1.51	-4.50	-9.06	-6.48	-66	-47	-	-100
Issuance of Common Equity	-	0.01	0.00	-	0.07	0.01	0.00	-	0.02
Other Financing Activities, net	-	-0.01	-	-0.00	83	0.39	-0.00	-	-0.02
Effect of Exchange Rate Changes	-	0.77	1.51	-5.37	6.67	-4.21	-1.05	11	-18

This table presents Hamilton 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	2022	2023	2024
Total Assets	5,819	6,671	7,796
Total Current Assets	1,207	3,196	1,101
Cash & Equivalents	1,076	795	996
Restricted Cash	131	106	104
Plant, Property, & Equipment, net	0.00	0.00	0.00
Total Noncurrent Assets	5,779	5,429	6,353
Long-Term Investments	2,287	3,924	4,694
Noncurrent Note & Lease Receivables	523	658	772
Intangible Assets	87	91	93
Other Noncurrent Operating Assets	2,883	756	795
Total Liabilities & Shareholders' Equity	5,819	6,671	7,796
Total Liabilities	4,155	4,623	5,467
Total Current Liabilities	138	187	185
Accounts Payable	138	187	185
Total Noncurrent Liabilities	4,017	4,436	5,282
Long-Term Debt	150	150	150
Asset Retirement Reserve & Litigation Obligation	2,856	3,030	3,532
Other Noncurrent Operating Liabilities	1,011	1,257	1,599
Redeemable Noncontrolling Interest	0.12	0.13	0.13
Total Equity & Noncontrolling Interests	1,664	2,048	2,329
Total Preferred & Common Equity	1,664	2,048	2,329
Total Common Equity	1,664	2,048	2,329
Common Stock	1,121	1,251	1,165
Retained Earnings	547	801	1,169
Accumulated Other Comprehensive Income / (Loss)	-4.44	-4.44	-4.44

This table presents Hamilton 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	Q1 2024	Q2 2024	Q3 2024
Total Assets	7,349	7,623	7,827
Total Current Assets	1,181	1,115	1,051
Cash & Equivalents	1,085	1,017	957
Restricted Cash	96	98	94
Plant, Property, & Equipment, net	0.00	0.00	0.00
Total Noncurrent Assets	5,048	8,850	5,629
Long-Term Investments	3,201	3,468	3,800
Noncurrent Note & Lease Receivables	856	933	886
Intangible Assets	93	94	94
Other Noncurrent Operating Assets	899	4,354	849
Total Liabilities & Shareholders' Equity	7,349	7,623	7,827
Total Liabilities	5,085	5,307	5,453
Total Current Liabilities	156	3,401	3,603
Accounts Payable	156	158	169
Other Current Liabilities	-	3,243	3,435
Total Noncurrent Liabilities	4,929	1,906	1,849
Long-Term Debt	150	150	150
Other Noncurrent Operating Liabilities	1,630	1,756	1,699
Redeemable Noncontrolling Interest	55	77	60
Total Equity & Noncontrolling Interests	2,210	2,239	2,314
Total Preferred & Common Equity	2,210	2,239	2,314
Total Common Equity	2,210	2,239	2,314
Common Stock	1,256	1,173	1,173
Retained Earnings	958	1,070	1,145
Accumulated Other Comprehensive Income / (Loss)	-4.44	-4.44	-4.44

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

Metric	2021	2022	2023	2024
Growth Metrics	-	-	-	-
Revenue Growth	0.00%	21.11%	27.41%	48.30%
EBITDA Growth	0.00%	-278.02%	172.10%	75.45%
EBIT Growth	0.00%	-160.24%	144.11%	89.95%
NOPAT Growth	0.00%	-46.20%	210.19%	48.02%
Net Income Growth	0.00%	-111.98%	1,036.32%	118.76%
EPS Growth	0.00%	-152.20%	356.84%	50.41%
Operating Cash Flow Growth	0.00%	-15.72%	48.31%	168.16%
Free Cash Flow Firm Growth	0.00%	0.00%	448.11%	-69.13%
Invested Capital Growth	0.00%	0.00%	-479.51%	-23.23%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	15.29%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	29.30%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	39.04%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	26.83%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-8.77%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-18.63%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	48.68%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-5.29%
Profitability Metrics	-	-	-	-
Gross Margin	37.08%	32.17%	39.63%	32.12%
EBITDA Margin	-1.77%	-5.51%	3.12%	3.69%
Operating Margin	-3.76%	-6.18%	3.41%	3.79%
EBIT Margin	-3.13%	-6.73%	2.33%	2.98%
Profit (Net Income) Margin	24.54%	-2.43%	17.84%	26.32%
Tax Burden Percent	95.28%	111.57%	109.82%	98.65%
Interest Burden Percent	-822.60%	32.35%	697.53%	894.31%
Effective Tax Rate	4.72%	0.00%	-9.82%	1.35%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	0.00%	-1.80%	15.10%	28.02%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.00%	-1.43%	0.59%	0.96%
Return on Assets (ROA)	0.00%	-0.51%	4.49%	8.48%
Return on Common Equity (ROCE)	0.00%	-1.80%	15.10%	28.02%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-1.80%	13.69%	26.33%
Net Operating Profit after Tax (NOPAT)	-37	-53	59	87
NOPAT Margin	-3.59%	-4.33%	3.74%	3.74%
Net Nonoperating Expense Percent (NNEP)	0.00%	2.15%	6.16%	9.56%
Return On Investment Capital (ROIC_SIMPLE)	-	-2.94%	2.68%	3.51%
Cost of Revenue to Revenue	62.92%	61.50%	45.49%	43.36%
SG&A Expenses to Revenue	16.92%	14.41%	16.54%	11.64%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	40.85%	38.36%	36.22%	28.33%
Earnings before Interest and Taxes (EBIT)	-32	-83	37	70
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-18	-68	49	86
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.00	0.14	0.00	0.52
Price to Tangible Book Value (P/TBV)	0.00	0.14	0.00	0.55
Price to Revenue (P/Rev)	0.22	0.18	0.00	0.52
Price to Earnings (P/E)	1.20	0.00	0.00	3.05
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	83.64%	0.00%	0.00%	32.78%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	0.00	0.09	0.07	0.06
Long-Term Debt to Equity	0.00	0.09	0.07	0.06
Financial Leverage	0.00	-1.31	-1.94	-2.51
Leverage Ratio	0.00	3.50	3.36	3.31
Compound Leverage Factor	0.00	1.13	23.47	29.56
Debt to Total Capital	0.00%	8.25%	6.82%	6.05%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	8.25%	6.82%	6.05%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.01%	0.01%	0.01%
Common Equity to Total Capital	0.00%	91.74%	93.18%	93.95%
Debt to EBITDA	0.00	-2.20	3.06	1.74
Net Debt to EBITDA	0.00	49.21	-142.25	-65.66
Long-Term Debt to EBITDA	0.00	-2.20	3.06	1.74
Debt to NOPAT	0.00	-2.80	2.55	1.72
Net Debt to NOPAT	0.00	62.65	-118.51	-64.84
Long-Term Debt to NOPAT	0.00	-2.80	2.55	1.72
Altman Z-Score	0.00	0.55	0.00	0.81
Noncontrolling Interest Sharing Ratio	0.00%	0.01%	0.01%	0.01%
Liquidity Ratios	-	-	-	-
Current Ratio	0.00	8.74	17.10	5.94
Quick Ratio	0.00	7.80	16.53	5.38
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	459	2,515	776
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	29.15	117.33	34.33
Operating Cash Flow to Interest Expense	15.21	12.13	13.21	33.57
Operating Cash Flow Less CapEx to Interest Expense	15.21	12.13	13.21	33.57
Efficiency Ratios	-	-	-	-
Asset Turnover	0.00	0.21	0.25	0.32
Accounts Receivable Turnover	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00
Accounts Payable Turnover	0.00	5.49	4.40	5.43
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	66.45	82.98	67.25
Cash Conversion Cycle (CCC)	0.00	-66.45	-82.98	-67.25
Capital & Investment Metrics	-	-	-	-
Invested Capital	0.00	-512	-2,968	-3,658
Invested Capital Turnover	0.00	-4.81	-0.90	-0.70
Increase / (Decrease) in Invested Capital	0.00	-512	-2,456	-689
Enterprise Value (EV)	0.00	-3,119	0.00	-4,423
Market Capitalization	225	225	0.00	1,222
Book Value per Share	$0.00	$110.95	$36.12	$36.27
Tangible Book Value per Share	$0.00	$105.15	$34.52	$34.82
Total Capital	0.00	1,814	2,198	2,479
Total Debt	0.00	150	150	150
Total Long-Term Debt	0.00	150	150	150
Net Debt	0.00	-3,344	-6,970	-5,645
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-138	-187	-185
Debt-free Net Working Capital (DFNWC)	0.00	1,069	3,009	915
Net Working Capital (NWC)	0.00	1,069	3,009	915
Net Nonoperating Expense (NNE)	-286	-23	-221	-526
Net Nonoperating Obligations (NNO)	0.00	-2,177	-5,016	-5,987
Total Depreciation and Amortization (D&A)	14	15	12	16
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-11.20%	-11.90%	-7.96%
Debt-free Net Working Capital to Revenue	0.00%	86.71%	191.52%	39.29%
Net Working Capital to Revenue	0.00%	86.71%	191.52%	39.29%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$2.47	$3.81
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	56.69M	64.62M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$2.44	$3.67
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	56.69M	64.62M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	56.69M	64.62M
Normalized Net Operating Profit after Tax (NOPAT)	-36	-37	37	87
Normalized NOPAT Margin	-3.50%	-2.96%	2.39%	3.74%
Pre Tax Income Margin	25.75%	-2.18%	16.25%	26.68%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	-2.14	-5.27	1.71	3.07
NOPAT to Interest Expense	-2.45	-3.39	2.74	3.85
EBIT Less CapEx to Interest Expense	-2.14	-5.27	1.71	3.07
NOPAT Less CapEx to Interest Expense	-2.45	-3.39	2.74	3.85
Payout Ratios	-	-	-	-
Dividend Payout Ratio	24.67%	-227.39%	7.69%	34.69%
Augmented Payout Ratio	27.62%	-232.46%	8.56%	59.22%

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

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	0.00%	104.31%	64.58%	29.42%	15.21%
EBITDA Growth	0.00%	0.00%	0.00%	0.00%	-25.02%	87.79%	16.97%	192.26%
EBIT Growth	0.00%	0.00%	0.00%	0.00%	-30.82%	93.32%	-21.46%	144.39%
NOPAT Growth	0.00%	0.00%	0.00%	0.00%	-21.26%	82.89%	138.68%	127.38%
Net Income Growth	0.00%	0.00%	0.00%	0.00%	423.25%	385.33%	15.93%	-44.20%
EPS Growth	0.00%	0.00%	0.00%	0.00%	181.63%	242.86%	80.49%	-70.59%
Operating Cash Flow Growth	0.00%	0.00%	0.00%	0.00%	1,208.95%	145.10%	-6.51%	700.57%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-23.23%
Revenue Q/Q Growth	0.00%	10.81%	10.93%	24.96%	0.00%	-10.73%	-12.77%	11.24%
EBITDA Q/Q Growth	0.00%	-1.01%	-68.13%	-226.34%	0.00%	147.91%	-80.15%	-0.36%
EBIT Q/Q Growth	0.00%	0.51%	-78.39%	-378.19%	0.00%	180.88%	-91.22%	57.22%
NOPAT Q/Q Growth	0.00%	-0.58%	-77.34%	-286.71%	0.00%	130.91%	-70.43%	-78.58%
Net Income Q/Q Growth	0.00%	-22.10%	27.51%	153.28%	0.00%	-27.75%	-69.54%	21.91%
EPS Q/Q Growth	0.00%	-28.57%	17.14%	190.24%	0.00%	-13.04%	-38.33%	-52.70%
Operating Cash Flow Q/Q Growth	0.00%	428.09%	169.11%	-79.34%	0.00%	-1.11%	2.64%	76.92%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	-105.65%	2,087.52%	-80.15%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-4.01%	107.25%	-1,651.26%	-5.29%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	42.92%	43.24%	37.31%	36.73%	24.36%	35.76%	35.03%	34.71%
EBITDA Margin	7.97%	7.12%	2.05%	-2.07%	2.93%	8.12%	1.85%	1.66%
Operating Margin	8.51%	7.94%	1.58%	-1.72%	3.19%	8.34%	2.93%	0.55%
EBIT Margin	7.01%	6.36%	1.24%	-2.76%	2.38%	7.47%	0.75%	1.06%
Profit (Net Income) Margin	16.44%	11.56%	13.29%	26.93%	42.11%	34.08%	11.90%	13.04%
Tax Burden Percent	97.12%	93.34%	95.66%	131.54%	99.79%	98.77%	95.27%	97.02%
Interest Burden Percent	241.35%	194.63%	1,120.65%	-742.02%	1,776.67%	461.74%	1,660.98%	1,264.74%
Effective Tax Rate	2.88%	6.66%	4.34%	-31.54%	0.21%	1.23%	4.73%	2.98%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	140.11%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	125.58%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	-113.43%	0.00%	0.00%
Return on Equity (ROE)	0.00%	0.00%	0.00%	15.10%	22.29%	26.67%	56.63%	28.02%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.00%	0.00%	0.00%	-0.69%	0.54%	1.87%	0.39%	0.34%
Return on Assets (ROA)	0.00%	0.00%	0.00%	6.77%	9.59%	8.51%	6.15%	4.20%
Return on Common Equity (ROCE)	0.00%	0.00%	0.00%	15.10%	21.75%	25.78%	55.20%	28.02%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%	22.84%	29.65%	29.05%	0.00%
Net Operating Profit after Tax (NOPAT)	27	26	6.00	-11	21	48	14	3.07
NOPAT Margin	8.26%	7.41%	1.51%	-2.26%	3.18%	8.24%	2.79%	0.54%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	2.88%	9.58%	14.53%	1.60%	1.30%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-0.51%	-	-	-	0.12%
Cost of Revenue to Revenue	46.08%	50.22%	48.35%	39.39%	35.28%	36.48%	53.36%	50.78%
SG&A Expenses to Revenue	14.21%	13.78%	15.91%	20.56%	8.33%	11.04%	12.17%	15.59%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	34.41%	35.30%	35.73%	38.45%	21.17%	27.42%	32.09%	34.15%
Earnings before Interest and Taxes (EBIT)	23	23	4.91	-14	16	44	3.86	6.06
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	26	25	8.11	-10	19	48	9.48	9.45
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.36	0.42	0.51	0.52
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.37	0.44	0.53	0.55
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.00	0.47	0.50	0.59	0.52
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	2.17	2.06	2.40	3.05
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	46.14%	48.49%	41.59%	32.78%
Enterprise Value to Invested Capital (EV/IC)	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
Enterprise Value to EBITDA (EV/EBITDA)	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
Enterprise Value to NOPAT (EV/NOPAT)	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
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.07	0.07	0.06	0.06	0.06
Long-Term Debt to Equity	0.00	0.00	0.00	0.07	0.07	0.06	0.06	0.06
Financial Leverage	0.00	0.00	0.00	-2.45	-2.36	-0.90	-2.46	-2.51
Leverage Ratio	0.00	0.00	0.00	3.36	3.25	3.29	3.30	3.31
Compound Leverage Factor	0.00	0.00	0.00	-24.97	57.67	15.20	54.77	41.81
Debt to Total Capital	0.00%	0.00%	0.00%	6.82%	6.21%	6.08%	5.94%	6.05%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	6.82%	6.21%	6.08%	5.94%	6.05%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.01%	2.27%	3.13%	2.38%	0.01%
Common Equity to Total Capital	0.00%	0.00%	0.00%	93.18%	91.53%	90.79%	91.68%	93.95%
Debt to EBITDA	0.00	0.00	0.00	3.06	3.50	2.30	2.25	1.74
Net Debt to EBITDA	0.00	0.00	0.00	-142.25	-98.91	-68.09	-70.71	-65.66
Long-Term Debt to EBITDA	0.00	0.00	0.00	3.06	3.50	2.30	2.25	1.74
Debt to NOPAT	0.00	0.00	0.00	2.55	3.89	2.51	2.18	1.72
Net Debt to NOPAT	0.00	0.00	0.00	-118.51	-109.71	-74.36	-68.49	-64.84
Long-Term Debt to NOPAT	0.00	0.00	0.00	2.55	3.89	2.51	2.18	1.72
Altman Z-Score	0.00	0.00	0.00	0.00	0.68	0.21	0.20	0.79
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.01%	2.42%	3.34%	2.53%	0.01%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	0.00	0.00	0.00	17.10	7.58	0.33	0.29	5.94
Quick Ratio	0.00	0.00	0.00	16.53	6.97	0.30	0.27	5.38
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	0.00	0.00	0.00	3,108	-176	3,488	692
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	544.56	-29.10	651.89	125.31
Operating Cash Flow to Interest Expense	2.19	12.30	32.48	6.54	27.72	25.94	30.01	51.41
Operating Cash Flow Less CapEx to Interest Expense	2.19	12.30	32.48	6.54	27.72	25.94	30.01	51.41
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.00	0.00	0.25	0.23	0.25	0.52	0.32
Accounts Receivable Turnover	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
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	0.00	0.00	0.00	4.40	5.13	5.27	0.00	5.43
Days Sales Outstanding (DSO)	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
Days Payable Outstanding (DPO)	0.00	0.00	0.00	82.98	71.17	69.27	0.00	67.25
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	-82.98	-71.17	-69.27	0.00	-67.25
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	0.00	0.00	0.00	-2,968	-3,087	224	-3,474	-3,658
Invested Capital Turnover	0.00	0.00	0.00	-0.53	-1.08	17.01	-1.16	-0.70
Increase / (Decrease) in Invested Capital	0.00	0.00	0.00	0.00	-3,087	224	-3,474	-689
Enterprise Value (EV)	0.00	0.00	225	0.00	-3,387	-3,410	-3,455	-4,423
Market Capitalization	225	225	225	0.00	790	946	1,186	1,222
Book Value per Share	$0.00	$0.00	$0.00	$36.12	$38.97	$39.40	$37.72	$36.27
Tangible Book Value per Share	$0.00	$0.00	$0.00	$34.52	$37.34	$37.74	$36.18	$34.82
Total Capital	0.00	0.00	0.00	2,198	2,414	2,466	2,524	2,479
Total Debt	0.00	0.00	0.00	150	150	150	150	150
Total Long-Term Debt	0.00	0.00	0.00	150	150	150	150	150
Net Debt	0.00	0.00	0.00	-6,970	-4,231	-4,433	-4,701	-5,645
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	0.00	0.00	-187	-156	-3,401	-3,603	-185
Debt-free Net Working Capital (DFNWC)	0.00	0.00	0.00	3,009	1,025	-2,286	-2,552	915
Net Working Capital (NWC)	0.00	0.00	0.00	3,009	1,025	-2,286	-2,552	915
Net Nonoperating Expense (NNE)	-26	-15	-47	-145	-256	-152	-47	-71
Net Nonoperating Obligations (NNO)	0.00	0.00	0.00	-5,016	-5,352	-2,092	-5,848	-5,987
Total Depreciation and Amortization (D&A)	3.09	2.71	3.20	3.42	3.63	3.83	5.63	3.39
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	-11.90%	-9.30%	-178.60%	-178.31%	-7.96%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	191.52%	61.24%	-120.05%	-126.29%	39.29%
Net Working Capital to Revenue	0.00%	0.00%	0.00%	191.52%	61.24%	-120.05%	-126.29%	39.29%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$1.20	$1.42	$1.24	$0.77	$0.38
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	0.00	56.69M	56.81M	61.34M	64.20M	64.62M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$1.19	$1.38	$1.20	$0.74	$0.35
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	0.00	56.69M	56.81M	61.34M	64.20M	64.62M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	56.69M	56.81M	61.34M	64.20M	64.62M
Normalized Net Operating Profit after Tax (NOPAT)	27	26	6.00	-5.96	21	48	14	3.07
Normalized NOPAT Margin	8.26%	7.41%	1.51%	-1.20%	3.18%	8.24%	2.79%	0.54%
Pre Tax Income Margin	16.93%	12.38%	13.89%	20.47%	42.20%	34.51%	12.49%	13.44%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.09	4.38	0.93	-2.52	2.74	7.29	0.72	1.10
NOPAT to Interest Expense	4.82	5.10	1.13	-2.06	3.67	8.03	2.68	0.56
EBIT Less CapEx to Interest Expense	4.09	4.38	0.93	-2.52	2.74	7.29	0.72	1.10
NOPAT Less CapEx to Interest Expense	4.82	5.10	1.13	-2.06	3.67	8.03	2.68	0.56
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	7.69%	16.96%	19.26%	17.68%	34.69%
Augmented Payout Ratio	0.00%	0.00%	0.00%	8.56%	17.76%	36.38%	36.06%	59.22%

Frequently Asked Questions About Hamilton Insurance Group's Financials

When does Hamilton Insurance Group's fiscal year end?

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

How has Hamilton Insurance Group's net income changed over the last 3 years?

Hamilton Insurance Group's net income appears to be on an upward trend, with a most recent value of $613.16 million in 2024, rising from $249.84 million in 2021. The previous period was $280.29 million in 2023.

What is Hamilton Insurance Group's operating income?

Hamilton Insurance Group's total operating income in 2024 was $88.25 million, based on the following breakdown:

Total Gross Profit: $748.31 million
Total Operating Expenses: $660.06 million

How has Hamilton Insurance Group revenue changed over the last 3 years?

Over the last 3 years, Hamilton Insurance Group's total revenue changed from $1.02 billion in 2021 to $2.33 billion in 2024, a change of 128.8%.

How much debt does Hamilton Insurance Group have?

Hamilton Insurance Group's total liabilities were at $5.47 billion at the end of 2024, a 18.3% increase from 2023, and a 31.6% increase since 2022.

How much cash does Hamilton Insurance Group have?

In the past 2 years, Hamilton Insurance Group's cash and equivalents has ranged from $794.51 million in 2023 to $1.08 billion in 2022, and is currently $996.49 million as of their latest financial filing in 2024.

How has Hamilton Insurance Group's book value per share changed over the last 3 years?

Over the last 3 years, Hamilton Insurance Group's book value per share changed from 0.00 in 2021 to 36.27 in 2024, a change of 3,627.4%.

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This page (NYSE:HG) was last updated on 4/17/2025 by MarketBeat.com Staff

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Hamilton Insurance Group (HG) Financials

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Hamilton Insurance Group (HG) Financials

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