Hartford Financial Services Group Inc

$HIG Market Cap: $33.75 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$26.06B

TTM

Gross Margin

43.56%

TTM

Net Earnings

$3.019B

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$81.22B

Q3 2024

Total Liabilities

$64.21B

Q3 2024

Book Value

$17.01B

Q3 2024

Cash

$281.0M

Q3 2024

P/E

11.18

Nov 14, 2024 EST

Free Cash Flow

$5.427B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Revenue	$24.53B	$22.36B	$22.39B	$20.52B	$20.74B	$18.96B	$17.16B	$16.29B	$16.00B	$18.61B	$20.67B	$22.09B	$21.73B	$21.77B	$24.43B	$9.219B	$25.92B	$26.50B	$27.08B	$22.71B	$18.72B	$16.42B	$15.98B	$14.70B	$13.53B	$15.02B	$13.46B	$12.58B	$12.15B	$11.10B	$10.34B
YoY Change	9.68%	-0.13%	9.1%	-1.05%	9.42%	10.45%	5.35%	1.84%	-14.06%	-9.96%	-6.4%	1.62%	-0.17%	-10.9%	165.03%	-64.43%	-2.2%	-2.15%	19.27%	21.31%	14.02%	2.73%	8.69%	8.69%	-9.95%	11.6%	7.03%	3.51%	9.44%	7.39%	4.83%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Revenue	$24.53B	$22.36B	$22.39B	$20.52B	$20.74B	$18.96B	$17.16B	$16.29B	$16.00B	$18.61B	$20.67B	$22.09B	$21.73B	$21.77B	$24.43B	$9.219B	$25.92B	$26.50B	$27.08B	$22.71B	$18.72B	$16.42B	$15.98B	$14.70B	$13.53B	$15.02B	$13.46B	$12.58B	$12.15B	$11.10B	$10.34B
Cost Of Revenue	$14.24B	$13.14B	$12.73B	$11.81B	$11.47B	$11.17B	$10.17B	$9.961B	$9.325B	$10.81B	$11.05B	$13.20B
Gross Profit	$10.29B	$9.220B	$9.661B	$8.718B	$9.268B	$7.790B	$6.988B	$6.330B	$6.672B	$7.809B	$9.625B	$8.891B
Gross Profit Margin	41.95%	41.23%	43.15%	42.48%	44.69%	41.1%	40.72%	38.86%	41.71%	41.95%	46.56%	40.26%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Selling, General & Admin	$4.881B	$4.830B	$4.779B	$4.480B	$4.580B	$4.281B
YoY Change	1.06%	1.07%	6.67%	-2.18%	6.98%
% of Gross Profit	47.44%	52.39%	49.47%	51.39%	49.42%	54.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$71.00M	$71.00M	$1.680B	$1.706B	$1.622B	$1.384B	$1.372B	$1.377B	$1.364B	$1.593B	$1.615B	$1.988B	$2.444B	$1.692B	$4.737B	$4.632B	$3.783B	$4.164B	$3.730B	$3.117B	$2.616B	$2.345B	$2.299B	$2.276B	$2.069B	$2.109B	$85.00M	$81.00M	$85.00M	$80.00M	$77.00M
YoY Change	0.0%	-95.77%	-1.52%	5.18%	17.2%	0.87%	-0.36%	0.95%	-14.38%	-1.36%	-18.76%	-18.66%	44.44%	-64.28%	2.27%	22.44%	-9.15%	11.64%	19.67%	19.15%	11.56%	2.0%	1.01%	10.0%	-1.9%	2381.18%	4.94%	-4.71%	6.25%	3.9%	6.94%
% of Gross Profit	0.69%	0.77%	17.39%	19.57%	17.5%	17.77%	19.63%	21.75%	20.44%	20.4%	16.78%	22.36%
Operating Expenses	$21.23B	$19.88B	$4.779B	$4.480B	$4.580B	$4.281B	$4.563B	$3.525B	$3.459B	$4.028B	$4.176B	$5.090B	$5.269B	$5.292B	$25.51B	$12.72B	$21.65B	$22.62B	$23.85B	$19.93B	$19.00B	$15.08B	$15.64B	$13.29B	$12.29B	$13.55B	$12.13B	$12.90B	$11.41B	$10.25B	$9.651B
YoY Change	6.82%	315.94%	6.67%	-2.18%	6.98%	-6.18%	29.45%	1.91%	-14.13%	-3.54%	-17.96%	-3.4%	-0.43%	-79.25%	100.5%	-41.23%	-4.3%	-5.14%	19.62%	4.93%	25.95%	-3.55%	17.72%	8.07%	-9.26%	11.72%	-5.96%	13.03%	11.3%	6.21%	-6.87%
Operating Profit	-$10.95B	-$10.66B	$4.882B	$4.238B	$4.688B	$3.509B	$2.425B	$2.805B	$3.213B	$3.781B	$5.449B	$3.801B
YoY Change	2.69%	-318.31%	15.2%	-9.6%	33.6%	44.7%	-13.55%	-12.7%	-15.02%	-30.61%	43.36%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	1999	1998	1997	1996	1995	1994	1993
Interest Expense	-$199.0M	-$213.0M	$234.0M	$236.0M	$259.0M	$298.0M	$316.0M	$327.0M	$346.0M	$376.0M	$397.0M	$457.0M	$508.0M	$508.0M	-$476.0M	-$343.0M	-$263.0M	-$277.0M	-$252.0M	-$251.0M	-$271.0M	-$265.0M
YoY Change	-6.57%	-191.03%	-0.85%	-8.88%	-13.09%	-5.7%	-3.36%	-5.49%	-7.98%	-5.29%	-13.13%	-10.04%	0.0%	-206.72%	38.78%	30.42%	-5.05%	9.92%	0.4%	-7.38%	2.26%
% of Operating Profit			4.79%	5.57%	5.52%	8.49%	13.03%	11.66%	10.77%	9.94%	7.29%	12.02%
Other Income/Expense, Net																							$0.00	$0.00	$368.0M	$0.00	-$3.000M	-$6.000M	-$10.00M
YoY Change																								-100.0%		-100.0%	-50.0%	-40.0%	-16.67%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Pretax Income	$3.088B	$2.258B	$2.896B	$2.120B	$2.560B	$1.753B	$704.0M	$521.0M	$1.517B	$1.736B	$1.473B	-$106.0M	$344.0M	$1.987B	-$1.721B	-$4.591B	$4.005B	$3.602B	$2.985B	$2.523B	-$550.0M	$1.068B	$341.0M	$1.418B	$1.235B	$1.475B	$1.703B	-$318.0M	$739.0M	$846.0M	$677.0M
YoY Change	36.76%	-22.03%	36.6%	-17.19%	46.04%	149.01%	35.12%	-65.66%	-12.62%	17.85%	-1489.62%	-130.81%	-82.69%	-215.46%	-62.51%	-214.63%	11.19%	20.67%	18.31%	-558.73%	-151.5%	213.2%	-75.95%	14.82%	-16.27%	-13.39%	-635.53%	-143.03%	-12.65%	24.96%	-231.97%
Income Tax	$584.0M	$443.0M	$531.0M	$383.0M	$475.0M	$268.0M	$985.0M	-$166.0M	$289.0M	$350.0M	$246.0M	-$309.0M	-$373.0M	$568.0M	-$838.0M	-$1.842B	$1.056B	$857.0M	$711.0M	$385.0M	-$459.0M	$68.00M	-$200.0M	$390.0M	$287.0M	$388.0M	$334.0M	-$219.0M	$180.0M	$214.0M	$140.0M
% Of Pretax Income	18.91%	19.62%	18.34%	18.07%	18.55%	15.29%	139.91%	-31.86%	19.05%	20.16%	16.7%		-108.43%	28.59%			26.37%	23.79%	23.82%	15.26%		6.37%	-58.65%	27.5%	23.24%	26.31%	19.61%		24.36%	25.3%	20.68%
Net Earnings	$2.483B	$1.794B	$2.365B	$1.737B	$2.085B	$1.807B	-$3.131B	$896.0M	$1.682B	$798.0M	$176.0M	-$38.00M	$712.0M	$1.636B	-$887.0M	-$2.749B	$2.949B	$2.745B	$2.274B	$2.115B	-$91.00M	$1.000B	$507.0M	$974.0M	$862.0M	$1.015B	$1.332B	-$99.00M	$559.0M	$644.0M	$537.0M
YoY Change	38.41%	-24.14%	36.15%	-16.69%	15.38%	-157.71%	-449.44%	-46.73%	110.78%	353.41%	-563.16%	-105.34%	-56.48%	-284.44%	-67.73%	-193.22%	7.43%	20.71%	7.52%	-2424.18%	-109.1%	97.24%	-47.95%	12.99%	-15.07%	-23.8%	-1445.45%	-117.71%	-13.2%	19.93%	-182.24%
Net Earnings / Revenue	10.12%	8.02%	10.56%	8.46%	10.05%	9.53%	-18.24%	5.5%	10.51%	4.29%	0.85%	-0.17%	3.28%	7.51%	-3.63%	-29.82%	11.38%	10.36%	8.4%	9.31%	-0.49%	6.09%	3.17%	6.62%	6.37%	6.76%	9.9%	-0.79%	4.6%	5.8%	5.19%
Basic Earnings Per Share	$8.09	$5.52	$6.71	$4.79	$5.72	$5.03	-$8.61	$2.31	$4.05	$1.81	$0.37	-$0.18	$1.51	$2.60
Diluted Earnings Per Share	$7.97	$5.445M	$6.62	$4.76	$5.66	$4.95	-$8.61	$2.27	$3.96	$1.73	$0.36	-$0.17	$1.40	$2.40	-$2.564M	-$8.954M	$9.245M	$8.687M	$7.431M	$7.121M	-$334.6K	$3.968M	$2.104M	$4.348M	$3.781M	$4.301M	$5.573M	-$421.3K	$2.379M	$2.752M	$2.295M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$896.0M	$927.0M	$1.027B	$1.122B	$1.181B	$1.006B	$1.034B	$991.0M	$974.0M	$831.0M	$877.0M	$977.0M	$1.029B	$1.150B	$1.026B	$1.075B	$972.0M	$791.0M	$683.0M	$643.0M	$593.0M
YoY Change	-3.34%	-9.74%	-8.47%	-5.0%	17.4%	-2.71%	4.34%	1.75%	17.21%	-5.25%	-10.24%	-5.05%	-10.52%	12.09%	-4.56%	10.6%	22.88%	15.81%	6.22%	8.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$55.92B	$52.56B	$57.75B	$56.53B	$53.03B	$46.79B	$45.15B	$39.76B	$71.28B	$74.85B	$96.98B	$132.3B	$132.9B	$128.8B	$123.4B	$117.9B	$129.0B	$117.1B	$104.9B	$91.75B	$63.34B	$51.60B	$43.37B	$37.06B	$34.92B	$37.01B	$37.36B	$33.80B	$33.30B	$29.84B	$29.18B
YoY Change	6.4%	-8.99%	2.15%	6.6%	13.34%	3.64%	13.55%	-44.22%	-4.76%	-22.82%	-26.67%	-0.52%	3.21%	4.4%	4.65%	-8.62%	10.16%	11.63%	14.36%	44.86%	22.75%	18.96%	17.03%	6.13%	-5.65%	-0.95%	10.54%	1.52%	11.58%	2.26%
Other Assets	$1.236B	$1.564B	$402.0M	$311.0M	$376.0M	$1.248B	$166.1B	$172.0B	$3.206B	$2.897B	$3.840B	$1.942B	$2.131B	$3.725B	$3.940B	$5.239B	$308.0M	$284.0M	$675.0M	$419.0M	$845.0M	$545.0M	$693.0M	$682.0M	$1.404B	$1.085B	$955.0M	$1.480B	$1.150B	$1.729B	$995.0M
YoY Change	-20.97%	289.05%	29.26%	-17.29%	-69.87%	-99.25%	-3.44%	5265.53%	10.67%	-24.56%	97.73%	-8.87%	-42.79%	-5.46%	-24.79%	1600.97%	8.45%	-57.93%	61.1%	-50.41%	55.05%	-21.36%	1.61%	-51.42%	29.4%	13.61%	-35.47%	28.7%	-33.49%	73.77%
Total Long-Term Assets
YoY Change
Total Assets	$76.78B	$73.02B	$76.58B	$74.11B	$70.82B	$62.31B	$225.3B	$224.6B	$228.3B	$245.0B	$277.9B	$298.5B	$302.6B	$318.3B	$307.7B	$287.6B	$360.4B	$326.5B	$285.6B	$259.7B	$225.9B	$182.0B	$181.6B	$171.5B	$167.1B	$150.6B	$131.7B	$108.8B	$93.86B	$76.77B	$66.18B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$144.0M	$136.0M	$184.0M	$221.0M	$201.0M
YoY Change	5.88%	-26.09%	-16.74%	9.95%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due				$0.00	$500.0M	$413.0M	$320.0M	$416.0M	$275.0M	$456.0M	$438.0M		$0.00	$400.0M	$343.0M	$398.0M	$1.365B	$599.0M	$719.0M	$621.0M	$1.050B	$315.0M	$599.0M	$235.0M	$31.00M	$31.00M	$291.0M	$500.0M	$886.0M	$902.0M	$384.0M
YoY Change				-100.0%	21.07%	29.06%	-23.08%	51.27%	-39.69%	4.11%			-100.0%	16.62%	-13.82%	-70.84%	127.88%	-16.69%	15.78%	-40.86%	233.33%	-47.41%	154.89%	658.06%	0.0%	-89.35%	-41.8%	-43.57%	-1.77%	134.9%
Total Short-Term Liabilities	$144.0M	$136.0M	$184.0M	$221.0M	$701.0M	$413.0M	$320.0M	$416.0M	$275.0M	$456.0M	$438.0M			$400.0M	$343.0M	$398.0M	$1.365B	$599.0M	$719.0M	$621.0M	$1.050B	$315.0M	$599.0M	$235.0M	$31.00M	$31.00M	$291.0M	$500.0M	$886.0M	$902.0M	$384.0M
YoY Change	5.88%	-26.09%	-16.74%	-68.47%	69.73%	29.06%	-23.08%	51.27%	-39.69%	4.11%				16.62%	-13.82%	-70.84%	127.88%	-16.69%	15.78%	-40.86%	233.33%	-47.41%	154.89%	658.06%	0.0%	-89.35%	-41.8%	-43.57%	-1.77%	134.9%
Long-Term Debt	$4.362B	$4.357B	$4.944B	$4.352B	$4.348B	$4.265B	$4.678B	$4.494B	$5.084B	$5.653B	$6.190B	$7.287B	$6.530B	$6.589B	$6.632B	$7.033B	$3.951B	$3.762B	$4.048B	$4.308B	$4.610B	$2.596B	$1.965B	$1.862B	$1.548B	$1.548B	$1.482B	$1.032B	$1.022B	$596.0M	$579.0M
YoY Change	0.11%	-11.87%	13.6%	0.09%	1.95%	-8.83%	4.09%	-11.61%	-10.07%	-8.68%	-15.05%	11.59%	-0.9%	-0.65%	-5.7%	78.01%	5.02%	-7.07%	-6.04%	-6.55%	77.58%	32.11%	5.53%	20.28%	0.0%	4.45%	43.6%	0.98%	71.48%	2.94%
Other Long-Term Liabilities	$5.052B	$4.757B	$5.471B	$5.159B	$4.956B	$4.808B	$167.6B	$168.1B	$6.597B	$6.251B	$6.104B	$10.17B	$8.412B	$9.187B	$9.454B	$12.00B	$12.52B	$9.885B	$9.319B	$9.330B	$8.193B	$7.649B	$6.650B	$5.997B	$5.671B	$5.797B	$5.672B	$55.10B	$40.28B	$26.46B	$20.32B
YoY Change	6.2%	-13.05%	6.05%	4.1%	3.08%	-97.13%	-0.3%	2448.58%	5.54%	2.41%	-39.99%	20.92%	-8.44%	-2.82%	-21.2%	-4.21%	26.7%	6.07%	-0.12%	13.88%	7.11%	15.02%	10.89%	5.75%	-2.17%	2.2%	-89.71%	36.79%	52.21%	30.23%
Total Long-Term Liabilities	$9.414B	$9.114B	$10.42B	$9.511B	$9.304B	$9.073B	$172.3B	$172.6B	$11.68B	$11.90B	$12.29B	$17.46B	$14.94B	$15.78B	$16.09B	$19.03B	$16.48B	$13.65B	$13.37B	$13.64B	$12.80B	$10.25B	$8.615B	$7.859B	$7.219B	$7.345B	$7.154B	$56.13B	$41.30B	$27.06B	$20.90B
YoY Change	3.29%	-12.49%	9.5%	2.22%	2.55%	-94.73%	-0.18%	1377.82%	-1.87%	-3.17%	-29.58%	16.85%	-5.29%	-1.93%	-15.47%	15.51%	20.72%	2.09%	-1.99%	6.52%	24.97%	18.92%	9.62%	8.87%	-1.72%	2.67%	-87.25%	35.9%	52.63%	29.48%
Total Liabilities	$61.45B	$59.39B	$58.74B	$55.56B	$54.55B	$49.21B	$211.8B	$207.7B	$210.7B	$226.3B	$259.0B	$276.1B	$281.1B	$298.0B	$289.9B	$278.3B	$341.2B	$307.7B	$270.2B	$245.5B	$214.2B	$171.2B	$172.6B	$164.1B	$161.6B	$144.2B	$125.7B	$104.3B	$89.15B	$73.58B	$62.17B
YoY Change	3.47%	1.12%	5.72%	1.85%	10.85%	-76.76%	1.97%	-1.44%	-6.89%	-12.62%	-6.19%	-1.8%	-5.67%	2.82%	4.15%	-18.42%	10.88%	13.85%	10.08%	14.61%	25.09%	-0.78%	5.19%	1.54%	12.05%	14.76%	20.45%	17.01%	21.16%	18.36%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	307.1M shares	324.8M shares	349.1M shares	358.3M shares	360.9M shares	358.4M shares	363.7M shares	387.7M shares	415.5M shares	441.8M shares	447.7M shares	437.7M shares	445.0M shares	431.5M shares	346.3M shares
Diluted Shares Outstanding	311.5M shares	329.5M shares	354.1M shares	360.6M shares	364.9M shares	364.1M shares	363.7M shares	394.8M shares	425.2M shares	460.2M shares	490.6M shares	465.9M shares	478.0M shares	481.5M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $33.752 Billion

About Hartford Financial Services Group Inc

The Hartford Financial Services Group, Inc. is an insurance and financial services company. The company is headquartered in Hartford, Connecticut and currently employs 18,700 full-time employees. The firm's segments include Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits and Hartford Funds. The Commercial Lines segment provides a variety of insurance products and risk management services in the United States and internationally. Personal Lines segment provides automobile, homeowners and personal umbrella coverage to individuals across the United States. The Property & Casualty Other Operations segment includes certain property and casualty operations. The Group Benefits segment provides employers and associations with group life, accident and disability coverage, along with other products and services, including voluntary benefits, and group retiree health. Hartford Funds segment offers investment products for retail and retirement accounts and provides investment management, distribution and administrative services, such as product design, implementation and oversight.

Industry: Fire, Marine & Casualty Insurance Peers: American International Group Inc Assurant Inc Atlantic American Corp Horace Mann Educators Corp