HRTG - Heritage Insurance Holdings, Inc.
NYSE
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Financial Services
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Insurance—Property & Casualty
Clearwater,
United States
Type: Equity
HRTG price evolution
HRTG
| (in millions $) | 1 May 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $473.34 | $238.58 | $256.77 | |
| Short term investments | ||||
| Net receivables | $866.14 | $1211.38 | $1139.8 | |
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $56.4 | $57.66 | $57.8 | $56.95 |
| Goodwill & intangible assets | $42.55 | $44.1 | $45.65 | |
| Total noncurrent assets | ||||
| Total investments | $569.41 | $665 | $708.34 | |
| Total assets | $2130.13 | $2153.2 | $2368.71 | $2357.02 |
| Current liabilities | ||||
| Accounts payable | $229.49 | $363.4 | $460.56 | |
| Deferred revenue | $675.92 | $688.87 | $716.38 | |
| Short long term debt | ||||
| Total current liabilities | $77.94 | $87.2 | $97.79 | $51.2 |
| Long term debt | $142.84 | $140.12 | $142.97 | $145.83 |
| Total noncurrent liabilities | ||||
| Total debt | $148.19 | $151.41 | $154.52 | |
| Total liabilities | $1895.2 | $1932.92 | $2217.32 | $2196.39 |
| Shareholders' equity | ||||
| Retained earnings | $40.34 | $26.12 | -$4.83 | $2.6 |
| Other shareholder equity | -$35.47 | -$35.25 | -$49.72 | -$46.57 |
| Total shareholder equity | $220.28 | $151.39 | $160.63 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $473.34 | $287.57 | $364.75 | $446.38 |
| Short term investments | ||||
| Net receivables | $866.14 | $1.36 | $607.19 | $678.33 |
| Inventory | ||||
| Total current assets | $6.47 | $6.06 | $8.32 | $6.5 |
| Long term investments | ||||
| Property, plant & equipment | $57.66 | $53.2 | $45.18 | $18.68 |
| Goodwill & intangible assets | $42.55 | $49.58 | $147.88 | $214.74 |
| Total noncurrent assets | ||||
| Total investments | $569.41 | $653.57 | $694.7 | $589.02 |
| Total assets | $2153.2 | $2392.6 | $1980.76 | $2089.38 |
| Current liabilities | ||||
| Accounts payable | $229.49 | $17.66 | $263.25 | $251.01 |
| Deferred revenue | $675.92 | $656.64 | $590.42 | $569.62 |
| Short long term debt | ||||
| Total current liabilities | $87.2 | $52.31 | $85.89 | $98 |
| Long term debt | $140.12 | $151.5 | $145.38 | $121 |
| Total noncurrent liabilities | ||||
| Total debt | $148.19 | $160.19 | $151.93 | $121 |
| Total liabilities | $1932.92 | $2261.56 | $1637.71 | $1647.04 |
| Shareholders' equity | ||||
| Retained earnings | $26.12 | -$19.19 | $138.38 | $219.78 |
| Other shareholder equity | -$35.25 | -$53.59 | -$4.57 | $6.06 |
| Total shareholder equity | $220.28 | $131.04 | $343.05 | $442.34 |
| (in millions $) | 1 May 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $191.3 | $186.97 | $186.3 | $185.31 |
| Cost of revenue | $90.63 | $131.4 | $106.65 | |
| Gross Profit | $96.33 | $54.9 | $78.67 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $60.16 | $64.34 | $61.51 | |
| Total operating expenses | $168.6 | $60.16 | $64.34 | $62.28 |
| Operating income | $36.17 | -$9.44 | $16.39 | |
| Income from continuing operations | ||||
| EBIT | $36.17 | -$9.44 | $16.39 | |
| Income tax expense | $5.65 | $2.23 | -$4.6 | $5.87 |
| Interest expense | -$2.83 | $3 | $2.59 | $2.74 |
| Net income | ||||
| Net income | $14.22 | $30.94 | -$7.42 | $7.78 |
| Income (for common shares) | $30.94 | -$7.42 | $7.78 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $735.5 | $662.46 | $631.56 | $593.38 |
| Cost of revenue | $426.13 | $501.16 | $427.37 | $373.39 |
| Gross Profit | $309.37 | $161.3 | $204.19 | $220 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $245.39 | $226.7 | $211.75 | $209.81 |
| Total operating expenses | $246.15 | $318.66 | $272.25 | $209.81 |
| Operating income | $63.22 | -$157.36 | -$68.06 | $10.19 |
| Income from continuing operations | ||||
| EBIT | $63.22 | -$157.36 | -$68.06 | $10.19 |
| Income tax expense | $6.7 | -$11.81 | -$1.31 | -$7.11 |
| Interest expense | $11.21 | $8.81 | $7.97 | $7.97 |
| Net income | ||||
| Net income | $45.31 | -$154.36 | -$74.73 | $9.33 |
| Income (for common shares) | $45.31 | -$154.36 | -$74.73 | $9.33 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $30.94 | -$7.42 | $7.78 | $14.01 |
| Operating activities | ||||
| Depreciation | $2.23 | $2.2 | $2.14 | $2.13 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | -$0.76 | $1.33 | $0.4 | $0.4 |
| Total cash flows from operations | $99.76 | -$53.46 | $9.17 | $14.95 |
| Investing activities | ||||
| Capital expenditures | -$1.45 | -$2.35 | -$3.68 | -$2.41 |
| Investments | $114.64 | $40.06 | -$82.95 | $38.94 |
| Total cash flows from investing | $113.2 | $37.71 | -$86.63 | $36.52 |
| Financing activities | ||||
| Dividends paid | -$0.01 | |||
| Sale and purchase of stock | $24.67 | |||
| Net borrowings | -$2.44 | -$2.44 | -$2.44 | -$2.36 |
| Total cash flows from financing | $21.8 | -$2.44 | -$2.44 | -$2.38 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $234.76 | -$18.19 | -$79.89 | $49.09 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $45.31 | -$154.36 | -$74.73 | $9.33 |
| Operating activities | ||||
| Depreciation | $8.69 | $8.36 | $8.45 | $8.1 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $1.36 | $2.01 | $1.16 | $4.68 |
| Total cash flows from operations | $70.42 | -$34.26 | $60.13 | $170.21 |
| Investing activities | ||||
| Capital expenditures | -$9.89 | -$12.38 | -$1.01 | -$0.76 |
| Investments | $110.7 | -$25.48 | -$123.47 | $22.82 |
| Total cash flows from investing | $100.81 | -$37.86 | -$124.48 | $22.06 |
| Financing activities | ||||
| Dividends paid | -$0.01 | -$4.77 | -$6.71 | -$6.85 |
| Sale and purchase of stock | $24.67 | -$7.34 | -$8.19 | -$10 |
| Net borrowings | -$9.68 | $7.15 | -$2.15 | -$9.66 |
| Total cash flows from financing | $14.55 | -$5.06 | -$17.28 | -$28.9 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $185.77 | -$77.18 | -$81.63 | $163.38 |
News
Fundamentals
| Market cap | $266.23M |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 30.22M |
| Revenue | $749.88M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $45.52M |
| Revenue Q/Q | 8.13% |
| Revenue Y/Y | N/A |
| P/E ratio | 5.85 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 0.36 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $1.51 |
|---|---|
| ROA | 2.02% |
| ROE | N/A |
| Debt/Equity | 8.77 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | N/A |
| Quick ratio | N/A |