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LNC Stock Down Despite Q1 Earnings Beat on Long-Term Disability Results
Mon 12 May 25, 04:47 PMThe Hartford To Host Virtual Annual Meeting Of Shareholders On May 21
Wed 07 May 25, 01:00 PMThe Hartford Donates $2 Million To Main Street America To Remove Barriers For Small Businesses
Tue 06 May 25, 12:00 PMThe Hartford’s New Research Finds Continued Need Among Gen Z Workers For Mental Health Care
Thu 01 May 25, 11:43 AMQ1 2025 Hartford Insurance Group Inc Earnings Call
Sat 26 Apr 25, 05:40 AMHartford Financial Q1 Earnings Beat on Employee Benefits Strength
Fri 25 Apr 25, 03:54 PMHartford profit falls as California wildfire losses climb
Thu 24 Apr 25, 10:39 PMThe Hartford Announces First Quarter 2025 Financial Results
Thu 24 Apr 25, 08:15 PM| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 2258.00M | 2896.00M | 2120.00M | 2560.00M | 1753.00M |
| Minority interest | - | - | - | - | - |
| Net income | 1815.00M | 2365.00M | 1737.00M | 2085.00M | 1807.00M |
| Selling general administrative | - | - | - | 4472.00M | 4234.00M |
| Selling and marketing expenses | - | - | - | - | - |
| Gross profit | 17532.00M | 17611.00M | 16043.00M | 16160.00M | 14674.00M |
| Reconciled depreciation | 71.00M | 72.00M | 562.00M | 451.00M | 467.00M |
| Ebit | 3025.00M | 2815.00M | 1994.00M | 2390.00M | 2373.00M |
| Ebitda | 3096.00M | 2886.00M | 2066.00M | 2456.00M | 2840.00M |
| Depreciation and amortization | 71.00M | 71.00M | 72.00M | 66.00M | 467.00M |
| Non operating income net other | - | - | - | - | - |
| Operating income | 3025.00M | 2815.00M | 1994.00M | 2390.00M | 2373.00M |
| Other operating expenses | 20104.00M | 19494.00M | 18403.00M | 18180.00M | 17202.00M |
| Interest expense | 213.00M | 234.00M | 236.00M | 259.00M | 298.00M |
| Tax provision | 443.00M | 383.00M | 383.00M | 475.00M | 268.00M |
| Interest income | 213.00M | 234.00M | 236.00M | 259.00M | 298.00M |
| Net interest income | -213.00000M | -236.00000M | -236.00000M | -259.00000M | -298.00000M |
| Extraordinary items | - | - | 6.00M | 0.00000M | 361.00M |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 443.00M | 531.00M | 383.00M | 475.00M | 268.00M |
| Total revenue | 22362.00M | 22390.00M | 20523.00M | 20740.00M | 18955.00M |
| Total operating expenses | -14507.00000M | -19575.00000M | -18529.00000M | -18350.00000M | 16898.00M |
| Cost of revenue | 4830.00M | 4779.00M | 4480.00M | 4580.00M | 4281.00M |
| Total other income expense net | -767.00000M | 81.00M | 126.00M | 170.00M | 105.00M |
| Discontinued operations | - | - | - | 322.00M | 322.00M |
| Net income from continuing ops | 1815.00M | 1737.00M | 1737.00M | 2085.00M | 1485.00M |
| Net income applicable to common shares | 1794.00M | 2344.00M | 1716.00M | 2064.00M | 1801.00M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 73022.00M | 76578.00M | 74111.00M | 70817.00M | 62307.00M |
| Intangible assets | 778.00M | 858.00M | 950.00M | 1070.00M | 657.00M |
| Earning assets | - | - | - | - | - |
| Other current assets | 7471.00M | -36926.00000M | -40458.00000M | 15647.84M | -8640.00000M |
| Total liab | 59391.00M | 4944.00M | 4352.00M | 54547.00M | 49206.00M |
| Total stockholder equity | 13631.00M | 17843.00M | 18556.00M | 16270.00M | 13101.00M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | 7852.00M | 7194.00M | 6787.00M | -500.00000M | 44528.00M |
| Common stock | 17173.00M | 4.00M | 17052.00M | 15884.00M | 14346.00M |
| Capital stock | 17507.00M | 338.00M | 338.00M | 338.00M | 338.00M |
| Retained earnings | 17048.00M | 15764.00M | 13918.00M | 12685.00M | 11055.00M |
| Other liab | 47040.00M | 46597.00M | 44416.00M | 42784.00M | 39097.00M |
| Good will | 1911.00M | 1911.00M | 1911.00M | 1913.00M | 1290.00M |
| Other assets | -29229.00000M | -36926.00000M | -40458.00000M | -37007.00000M | 39768.00M |
| Cash | 229.00M | 205.00M | 151.00M | 185.00M | 121.00M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 2107.00M | 687.00M | 701.00M | 500.00M | 44941.00M |
| Current deferred revenue | 1449.00M | - | - | -255.00000M | -767.00000M |
| Net debt | 4128.00M | 4739.00M | 4201.00M | 4663.00M | 4557.00M |
| Short term debt | 0.00000M | 0.00000M | 0.00000M | 500.00M | 413.00M |
| Short long term debt | 0.00000M | - | 0.00000M | 500.00M | 413.00M |
| Short long term debt total | 4357.00M | 4944.00M | 4352.00M | 4848.00M | 4678.00M |
| Other stockholder equity | -17048.00000M | 1569.00M | -13918.00000M | -12685.00000M | -11055.00000M |
| Property plant equipment | 927.00M | 1027.00M | 1122.00M | 1181.00M | 1006.00M |
| Total current assets | 52234.00M | 57717.00M | 58748.00M | 55165.00M | 39768.00M |
| Long term investments | 46401.00M | 57749.00M | 56532.00M | 53030.00M | 46790.00M |
| Net tangible assets | 10608.00M | 14740.00M | 15361.00M | 12953.00M | 10820.00M |
| Short term investments | 40090.00M | 46544.00M | 48318.00M | 45069.00M | 39935.00M |
| Net receivables | 11915.00M | 10968.00M | 10279.00M | 9911.00M | 8352.00M |
| Long term debt | 4357.00M | 4944.00M | 4352.00M | 4348.00M | 4265.00M |
| Inventory | - | - | - | - | - |
| Accounts payable | 658.00M | 687.00M | 701.00M | 755.00M | 767.00M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | -3876.00000M | 172.00M | 1170.00M | 52.00M | -1579.00000M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | 3.00M | 4.00M | 4.00M | 4.00M | 4.00M |
| Preferred stock total equity | 334.00M | 334.00M | 334.00M | 334.00M | 334.00M |
| Retained earnings total equity | 17048.00M | 15764.00M | 13918.00M | 12685.00M | 11055.00M |
| Treasury stock | -1773.00000M | -1740.00000M | -1192.00000M | -1117.00000M | -1091.00000M |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | -1449.00000M | -270.00000M | -46.00000M | -299.00000M | -24556.00000M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 50017.00M | 55787.00M | 55821.00M | 52659.00M | 22539.00M |
| Capital lease obligations | - | - | - | - | - |
| Long term debt total | 4357.00M | 4944.00M | 4352.00M | 4348.00M | 4265.00M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -892.00000M | -2175.00000M | -1951.00000M | -191.00000M | -2975.00000M |
| Change to liabilities | 2199.00M | 2416.00M | 1426.00M | 768.00M | 493.00M |
| Total cashflows from investing activities | -1277.00000M | -2466.00000M | -2066.00000M | -2148.00000M | -1962.00000M |
| Net borrowings | -600.00000M | 588.00M | -1087.00000M | -530.00000M | -959.00000M |
| Total cash from financing activities | -2710.00000M | -1581.00000M | -1778.00000M | -1191.00000M | -1467.00000M |
| Change to operating activities | 1577.00M | 1676.00M | 974.00M | 309.00M | 257.00M |
| Net income | 1815.00M | 2365.00M | 1737.00M | 2085.00M | 1807.00M |
| Change in cash | 7.00M | 98.00M | -23.00000M | 141.00M | -59.00000M |
| Begin period cash flow | 337.00M | 239.00M | 262.00M | 121.00M | 180.00M |
| End period cash flow | 344.00M | 337.00M | 239.00M | 262.00M | 121.00M |
| Total cash from operating activities | 4008.00M | 4093.00M | 3871.00M | 3489.00M | 2843.00M |
| Issuance of capital stock | - | - | 0.00000M | 0.00000M | 334.00M |
| Depreciation | 625.00M | 680.00M | 562.00M | 451.00M | 467.00M |
| Other cashflows from investing activities | -210.00000M | -158.00000M | -1.00000M | -1852.00000M | 1135.00M |
| Dividends paid | -527.00000M | -506.00000M | -478.00000M | -454.00000M | 379.00M |
| Change to inventory | - | - | - | - | - |
| Change to account receivables | -1035.00000M | -582.00000M | -540.00000M | -81.00000M | -323.00000M |
| Sale purchase of stock | -1550.00000M | -1702.00000M | -150.00000M | -200.00000M | -147.00000M |
| Other cashflows from financing activities | -33.00000M | 627.00M | -42.00000M | -1.00000M | -447.00000M |
| Change to netincome | 665.00M | -557.00000M | 592.00M | 1052.00M | 109.00M |
| Capital expenditures | 175.00M | 133.00M | 114.00M | 105.00M | 122.00M |
| Change receivables | -1035.00000M | -582.00000M | -540.00000M | -81.00000M | -323.00000M |
| Cash flows other operating | -261.00000M | -229.00000M | 94.00M | -786.00000M | 290.00M |
| Exchange rate changes | - | -6.00000M | 8.00M | -9.00000M | -10.00000M |
| Cash and cash equivalents changes | 21.00M | 40.00M | 35.00M | 141.00M | -59.00000M |
| Change in working capital | 935.00M | 1761.00M | 1433.00M | 1195.00M | 154.00M |
| Stock based compensation | -19.00000M | 25.00M | -21.00000M | -6.00000M | -16.00000M |
| Other non cash items | 652.00M | -713.00000M | 139.00M | -242.00000M | -990.00000M |
| Free cash flow | 3833.00M | 3960.00M | 3757.00M | 3384.00M | 2721.00M |
Sector: Financial Services Industry: Insurance - Property & Casualty
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) |
|---|---|---|---|---|---|---|---|
| HIG Hartford Financial Services Group |
1.39 1.10% | 127.33 | 11.15 | 8.31 | 1.01 | 1.83 | 1.21 |
| CB Chubb Ltd |
1.75 0.56% | 314.50 | 12.85 | 12.20 | 2.16 | 1.74 | 2.48 |
| PGR Progressive Corp |
1.92 0.99% | 195.38 | 34.22 | 20.33 | 1.55 | 5.46 | 1.70 |
| ALL The Allstate Corporation |
1.50 0.72% | 210.84 | 5.68 | 8.60 | 0.83 | 1.94 | 0.96 |
| TKOMF Tokio Marine Holdings Inc. |
- -% | 42.01 | 14.81 | 10.00 | 0.0069 | 1.59 | 0.0064 |
The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Lines segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channel and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Group Benefits segment provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and a single-company leave management solution. This segment distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers managed mutual funds across various asset classes; and exchange-traded products through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers, as well as investment management, distribution, and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.
One Hartford Plaza, Hartford, CT, United States, 06155
| Name | Title | Year Born |
|---|---|---|
| Mr. Christopher Jerome Swift CPA | Chairman & CEO | 1961 |
| Mr. Douglas Graham Elliot | Pres | 1960 |
| Ms. Beth A. Costello | Exec. VP & CFO | 1968 |
| Ms. Amy Marie Stepnowski | Exec. VP & Chief Investment Officer | 1969 |
| Mr. David C. Robinson | Exec. VP & Gen. Counsel | 1966 |
| Mr. John J. Kinney | Exec. VP and Head of Claims & Operations | 1972 |
| Mr. Scott R. Lewis | Sr. VP, Controller & Principal Accounting Officer | 1963 |
| Ms. Deepa Soni | Exec. VP and Head of Technology, Data, Analytics & Information Security | 1970 |
| Ms. Susan Spivak Bernstein | Sr. Investor Relations Officer | NA |
| Ms. Claire H. Burns | Chief Marketing & Communications Officer | 1969 |
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