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HIG - The Hartford Financial Services Group, Inc.

NYSE -> Financial Services -> Insurance—Diversified
Hartford, United States
Type: Equity

HIG price evolution
HIG
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $126 $181 $222 $218
Short term investments
Net receivables $12711 $12498 $12490 $12201
Inventory
Total current assets
Long term investments
Property, plant & equipment $896 $894 $884 $904
Goodwill & intangible assets $2618 $2636 $2654 $2671
Total noncurrent assets
Total investments $55922 $53320 $52668 $53667
Total assets $76780 $74516 $73895 $74249
Current liabilities
Accounts payable $638 $645 $647 $647
Deferred revenue $8599 $8680 $8589 $8247
Short long term debt
Total current liabilities
Long term debt $4362 $4361 $4360 $4358
Total noncurrent liabilities
Total debt $4362 $4361 $4360 $4358
Total liabilities $61453 $60837 $59743 $59909
Shareholders' equity
Retained earnings $19007 $18382 $17865 $17454
Other shareholder equity $14993 -$4178 -$3524 -$3254
Total shareholder equity $15327 $13679 $14152 $14340
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $126 $229 $337 $239
Short term investments
Net receivables $12711 $11915 $10968 $10279
Inventory
Total current assets
Long term investments
Property, plant & equipment $896 $927 $1027 $1122
Goodwill & intangible assets $2618 $2689 $2769 $2861
Total noncurrent assets
Total investments $55922 $52560 $57749 $56532
Total assets $76780 $73022 $76578 $74111
Current liabilities
Accounts payable $638 $658 $687 $701
Deferred revenue $8599 $7815 $7194 $6629
Short long term debt
Total current liabilities $136 $184 $221
Long term debt $4362 $4357 $4944 $4352
Total noncurrent liabilities
Total debt $4362 $4357 $4944 $4352
Total liabilities $61453 $59391 $58735 $55555
Shareholders' equity
Retained earnings $19007 $17048 $15764 $13918
Other shareholder equity $14993 $13297 $172 $1170
Total shareholder equity $15327 $13631 $17843 $18556
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $6400 $6168 $6049 $5910
Cost of revenue $3543 $3580 $3482
Gross Profit $2625 $2469 $2428
Operating activities
Research & development
Selling, general & administrative $1226 $1225 $1216
Total operating expenses $5399 $1762 $1747 $1725
Operating income $863 $722 $703
Income from continuing operations
EBIT $863 $722 $703
Income tax expense $179 $162 $125 $118
Interest expense -$49 $50 $50 $50
Net income
Net income $766 $651 $547 $535
Income (for common shares) $645 $542 $530
(in millions $) 31 Jan 2024 31 Dec 2022 31 Jan 2022 31 Dec 2020
Revenue
Total revenue $24527 $22362 $20523
Cost of revenue $13142 $11805
Gross Profit $9220 $8718
Operating activities
Research & development
Selling, general & administrative $4830 $4480
Total operating expenses $21234 $6749 $6362
Operating income $2471 $2356
Income from continuing operations
EBIT $2471 $2356
Income tax expense $584 $443 $383
Interest expense -$199 $213 $236
Net income
Net income $2483 $1815 $1737
Income (for common shares) $1794 $1716
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $771 $651 $547 $535
Operating activities
Depreciation $124 $128 $129 $129
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations $1627 $1771 -$49 $871
Investing activities
Capital expenditures -$64 -$52 -$50 -$49
Investments -$1091 -$1265 $551 -$213
Total cash flows from investing -$1165 -$1319 $499 -$446
Financing activities
Dividends paid -$129 -$131 -$134 -$134
Sale and purchase of stock -$319 -$350 -$343 -$382
Net borrowings
Total cash flows from financing -$454 -$489 -$459 -$545
Effect of exchange rate -$4 $13 -$6
Change in cash and equivalents $8 -$41 $4 -$126
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $2504 $1815 $2365 $1737
Operating activities
Depreciation $510 $625 $680 $562
Business acquisitions & disposals $11
Stock-based compensation
Total cash flows from operations $4220 $4008 $4093 $3871
Investing activities
Capital expenditures -$215 -$175 -$133 -$114
Investments -$2195 -$1106 -$2175 -$1951
Total cash flows from investing -$2431 -$1277 -$2466 -$2066
Financing activities
Dividends paid -$528 -$506 -$485 -$457
Sale and purchase of stock -$1394 -$1569 -$1677 -$171
Net borrowings -$600 $588 -$500
Total cash flows from financing -$1947 -$2710 -$1581 -$1778
Effect of exchange rate $3 -$14 -$6 $8
Change in cash and equivalents -$155 $7 $98 $35
Fundamentals
Market cap $30.54B
Enterprise value $34.77B
Shares outstanding 298.50M
Revenue $24.53B
EBITDA N/A
EBIT N/A
Net Income $2.50B
Revenue Q/Q 6.38%
Revenue Y/Y 9.68%
P/E ratio 12.22
EV/Sales 1.42
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 1.25
P/B ratio 91.43
Book/Share 1.12
Cash/Share 0.42
EPS $8.37
ROA 3.34%
ROE 17.38%
Debt/Equity 4.01
Net debt/EBITDA N/A
Current ratio N/A
Quick ratio N/A