Hamilton Insurance Group Financials
This page shows Hamilton Insurance Group (HG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Hamilton Insurance Group passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Hamilton Insurance Group generates $1.24 in operating cash flow ($759.3M OCF vs $613.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Hamilton Insurance Group generated $2.3B in revenue in fiscal year 2024. This represents an increase of 48.3% from the prior year.
Hamilton Insurance Group reported $613.2M in net income in fiscal year 2024. This represents an increase of 118.8% from the prior year.
Hamilton Insurance Group earned $3.67 per diluted share (EPS) in fiscal year 2024. This represents an increase of 50.4% from the prior year.
Hamilton Insurance Group held $996.5M in cash against $149.9M in long-term debt as of fiscal year 2024.
Hamilton Insurance Group had 101M shares outstanding in fiscal year 2024. This represents an increase of 81.1% from the prior year.
Hamilton Insurance Group's net profit margin was 26.3% in fiscal year 2024, showing the share of revenue converted to profit. This is up 8.5 percentage points from the prior year.
Hamilton Insurance Group's ROE was 26.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 12.6 percentage points from the prior year.
Hamilton Insurance Group spent $150.3M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 6074.5% from the prior year.
HG Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $667.6M-9.9% | $740.8M-3.6% | $768.8M+34.8% | $570.5M-3.0% | $587.9M-10.7% | $658.6M+33.0% | $495.2M+25.0% | $396.3M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $74.3M+8.0% | $68.8M+9.8% | $62.7M-29.5% | $89.0M+37.0% | $64.9M+18.3% | $54.9M-46.1% | $101.8M+61.5% | $63.0M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $4.9M+4.3% | $4.7M-15.6% | $5.6M+1.4% | $5.5M-8.4% | $6.0M+5.7% | $5.7M+5.2% | $5.4M+2.6% | $5.3M |
| Income Tax | $3.9M+44.5% | $2.7M-16.6% | $3.2M+40.3% | $2.3M-8.5% | $2.5M+321.6% | $592K+101.9% | -$32.0M-1439.5% | $2.4M |
| Net Income | $176.4M-34.1% | $267.8M+47.7% | $181.3M+143.6% | $74.4M-62.9% | $200.4M-27.7% | $277.3M+108.0% | $133.3M+153.3% | $52.6M |
| EPS (Diluted) | $1.32-26.3% | $1.79+132.5% | $0.77+120.0% | $0.35-70.8% | $1.20-13.0% | $1.38+16.0% | $1.19+190.2% | $0.41 |
HG Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $9.2B+3.4% | $8.9B+6.8% | $8.3B+7.0% | $7.8B+2.3% | $7.6B+3.7% | $7.3B+10.2% | $6.7B+2.6% | $6.5B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $955.1M-3.1% | $985.6M+17.5% | $838.5M-15.9% | $996.5M-2.0% | $1.0B-6.3% | $1.1B+36.6% | $794.5M-1.2% | $804.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | $0 | N/A | N/A | $0 | N/A |
| Total Liabilities | $6.5B+2.9% | $6.3B+6.4% | $5.9B+8.0% | $5.5B+3.0% | $5.3B+4.4% | $5.1B+10.0% | $4.6B-1.7% | $4.7B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $149.7M0.0% | $149.7M-0.2% | $150.0M0.0% | $149.9M0.0% | $149.9M0.0% | $149.9M0.0% | $149.8M0.0% | $149.8M |
| Total Equity | $2.7B+4.0% | $2.6B+6.6% | $2.4B+3.0% | $2.3B+4.0% | $2.2B+1.3% | $2.2B+7.9% | $2.0B+13.8% | $1.8B |
| Retained Earnings | $1.5B+8.2% | $1.4B+13.8% | $1.2B+6.3% | $1.2B+9.2% | $1.1B+11.8% | $957.8M+19.5% | $801.4M+18.8% | $674.6M |
HG Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $295.6M+35.3% | $218.4M+525.8% | $34.9M-87.7% | $284.1M+81.6% | $156.4M-1.1% | $158.2M+345.8% | $35.5M-79.3% | $171.8M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$230.6M-2462.7% | $9.8M+106.5% | -$150.6M-69.4% | -$88.9M-38.4% | -$64.2M-133.1% | $194.1M+260.2% | -$121.1M+32.3% | -$179.0M |
| Financing Cash Flow | -$68.8M+19.6% | -$85.5M-9.3% | -$78.3M+38.6% | -$127.4M+18.8% | -$156.9M-129.5% | -$68.4M-189.6% | $76.3M+942.4% | -$9.1M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $40.5M+15.6% | $35.0M+107.3% | $16.9M-37.4% | $27.0M-75.5% | $110.2M+3333.3% | $3.2M+1606.9% | $188K | $0 |
HG Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 26.4%-9.7pp | 36.1%+12.6pp | 23.6%+10.5pp | 13.0%-21.0pp | 34.1%-8.0pp | 42.1%+15.2pp | 26.9%+13.6pp | 13.3% |
| Return on Equity | 6.6%-3.8pp | 10.5%+2.9pp | 7.5%+4.3pp | 3.2%-5.8pp | 8.9%-3.6pp | 12.6%+6.0pp | 6.5%+3.6pp | 2.9% |
| Return on Assets | 1.9%-1.1pp | 3.0%+0.8pp | 2.2%+1.2pp | 0.9%-1.7pp | 2.6%-1.1pp | 3.8%+1.8pp | 2.0%+1.2pp | 0.8% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.060.0 | 0.060.0 | 0.060.0 | 0.060.0 | 0.070.0 | 0.070.0 | 0.070.0 | 0.08 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Hamilton Insurance Group's annual revenue?
Hamilton Insurance Group (HG) reported $2.3B in total revenue for fiscal year 2024. This represents a 48.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Hamilton Insurance Group's revenue growing?
Hamilton Insurance Group (HG) revenue grew by 48.3% year-over-year, from $1.6B to $2.3B in fiscal year 2024.
Is Hamilton Insurance Group profitable?
Yes, Hamilton Insurance Group (HG) reported a net income of $613.2M in fiscal year 2024, with a net profit margin of 26.3%.
What is Hamilton Insurance Group's earnings per share (EPS)?
Hamilton Insurance Group (HG) reported diluted earnings per share of $3.67 for fiscal year 2024. This represents a 50.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does Hamilton Insurance Group have?
As of fiscal year 2024, Hamilton Insurance Group (HG) had $996.5M in cash and equivalents against $149.9M in long-term debt.
What is Hamilton Insurance Group's net profit margin?
Hamilton Insurance Group (HG) had a net profit margin of 26.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Hamilton Insurance Group's return on equity (ROE)?
Hamilton Insurance Group (HG) has a return on equity of 26.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Hamilton Insurance Group's operating cash flow?
Hamilton Insurance Group (HG) generated $759.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Hamilton Insurance Group's total assets?
Hamilton Insurance Group (HG) had $7.8B in total assets as of fiscal year 2024, including both current and long-term assets.
Does Hamilton Insurance Group buy back shares?
Yes, Hamilton Insurance Group (HG) spent $150.3M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Hamilton Insurance Group have outstanding?
Hamilton Insurance Group (HG) had 101M shares outstanding as of fiscal year 2024.
What is Hamilton Insurance Group's debt-to-equity ratio?
Hamilton Insurance Group (HG) had a debt-to-equity ratio of 0.06 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Hamilton Insurance Group's return on assets (ROA)?
Hamilton Insurance Group (HG) had a return on assets of 7.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Hamilton Insurance Group's Piotroski F-Score?
Hamilton Insurance Group (HG) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Hamilton Insurance Group's earnings high quality?
Hamilton Insurance Group (HG) has an earnings quality ratio of 1.24x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.