Hamilton Insurance Group Financials
Hamilton Insurance Group (HG) reported $2.9B in revenue for fiscal year 2025, up 24.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
Profit growth is outpacing balance-sheet growth, showing a business scaling earnings and cash flow without adding meaningful borrowing.
From FY2023 to FY2025, net income roughly tripled while shares outstanding fell only2.4% , so most per-share improvement came from a larger earnings base rather than buybacks. That profit step-up also converted into cash: FY2025 operating cash flow was$842M against net income of$840M , suggesting the stronger results were backed by cash generation rather than balance-sheet timing.
Revenue expanded much faster than SG&A over the last two years, with revenue up
The balance sheet got larger, with total assets reaching
Financial Health Signals
Scored against insurers for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Hamilton Insurance Group's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Hamilton Insurance Group, and counted as zero in the overall score.
Hamilton Insurance Group passes 7 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Hamilton Insurance Group generates $1.00 in operating cash flow ($842.4M OCF vs $840.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Hamilton Insurance Group generated $2.9B in revenue in fiscal year 2025. This represents an increase of 24.7% from the prior year.
Hamilton Insurance Group reported $840.0M in net income in fiscal year 2025. This represents an increase of 37.0% from the prior year.
Hamilton Insurance Group earned $5.55 per diluted share (EPS) in fiscal year 2025. This represents an increase of 51.2% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Hamilton Insurance Group held $1.1B in cash against $149.7M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Hamilton Insurance Group's net profit margin was 28.9% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.6 percentage points from the prior year.
Hamilton Insurance Group's ROE was 29.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 3.4 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Hamilton Insurance Group spent $112.5M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 25.1% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
HG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Revenue | $3.0B | $2.9B+24.7% | $2.3B+48.3% | $1.6B+27.4% | $1.2B-7.5% | $1.3B |
| SG&A Expenses | $275.8M | $278.9M+2.9% | $271.1M+4.3% | $259.9M+46.2% | $177.7M+3.1% | $172.3M |
| Interest Expense | $19.4M | $20.2M-10.7% | $22.6M+5.5% | $21.4M+36.2% | $15.7M+5.7% | $14.9M |
| Income Tax | -$16.2M | -$15.1M-280.0% | $8.4M+133.5% | -$25.1M-907.5% | $3.1M-74.9% | $12.4M |
| Net Income | $862.8M | $840.0M+37.0% | $613.2M+118.8% | $280.3M+1036.3% | -$29.9M-112.0% | $249.8M |
| EPS (Diluted) | — | $5.55+51.2% | $3.67 | $2.44 | -$0.95 | $1.82 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
HG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Total Assets | $9.6B+22.8% | $7.8B+16.9% | $6.7B+14.6% | $5.8B | N/A |
| Cash & Equivalents | $1.1B+6.6% | $996.5M+25.4% | $794.5M-26.2% | $1.1B+11.6% | $964.1M |
| Goodwill | N/A | $0 | $0 | $0-100.0% | $24.9M |
| Total Liabilities | $6.7B+23.5% | $5.5B+18.3% | $4.6B+11.3% | $4.2B | N/A |
| Long-Term Debt | $149.7M-0.1% | $149.9M+0.1% | $149.8M+0.1% | $149.7M | N/A |
| Total Equity | $2.8B+21.2% | $2.3B+13.7% | $2.0B+23.1% | $1.7B-5.0% | $1.8B |
| Retained Earnings | $1.7B+44.7% | $1.2B+45.8% | $801.4M+46.4% | $547.4M | N/A |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities.
HG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $815.2M | $842.4M+10.9% | $759.3M+168.2% | $283.2M+48.3% | $190.9M-15.7% | $226.5M |
| Investing Cash Flow | -$460.0M | -$414.1M-124.9% | -$184.2M+71.8% | -$652.1M-589.9% | $133.1M-3.4% | $137.8M |
| Financing Cash Flow | -$588.2M | -$376.2M-3.7% | -$362.7M-714.6% | $59.0M+184.8% | -$69.6M-2.4% | -$68.0M |
| Share Buybacks | $115.9M | $112.5M-25.1% | $150.3M+6074.5% | $2.4M+60.4% | $1.5M-79.4% | $7.4M |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
HG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Net Margin | 28.9%+2.6pp | 26.3%+8.5pp | 17.8%+20.3pp | -2.4%-21.2pp | 18.7% |
| Return on Equity | 29.8%+3.4pp | 26.3%+12.6pp | 13.7%+15.5pp | -1.8%-16.1pp | 14.3% |
| Return on Assets | 8.8%+0.9pp | 7.9%+3.7pp | 4.2%+4.7pp | -0.5% | N/A |
| Debt-to-Equity | 0.050.0x | 0.060.0x | 0.070.0x | 0.09 | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.
Similar Companies
Where Hamilton Insurance Group Ranks
Frequently Asked Questions
What is Hamilton Insurance Group's annual revenue?
Hamilton Insurance Group (HG) reported $2.9B in total revenue for fiscal year 2025. This represents a 24.7% 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 24.7% year-over-year, from $2.3B to $2.9B in fiscal year 2025.
Is Hamilton Insurance Group profitable?
Yes, Hamilton Insurance Group (HG) reported a net income of $840.0M in fiscal year 2025, with a net profit margin of 28.9%.
How much debt does Hamilton Insurance Group have?
As of fiscal year 2025, Hamilton Insurance Group (HG) had $1.1B in cash and equivalents against $149.7M in long-term debt.
What is Hamilton Insurance Group's net profit margin?
Hamilton Insurance Group (HG) had a net profit margin of 28.9% in fiscal year 2025, 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 29.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Hamilton Insurance Group's operating cash flow?
Hamilton Insurance Group (HG) generated $842.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Hamilton Insurance Group's total assets?
Hamilton Insurance Group (HG) had $9.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Hamilton Insurance Group's debt-to-equity ratio?
Hamilton Insurance Group (HG) had a debt-to-equity ratio of 0.05 as of fiscal year 2025, 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 8.8% for fiscal year 2025, 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 7 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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 1.00x, 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.
How financially healthy is Hamilton Insurance Group?
Hamilton Insurance Group (HG) scores 43 out of 100 on our Financial Health Score, indicating moderate standing within its insurers peer group. The score is a 0-100 composite of six dimensions (Loss Ratio, Premium Growth, Capital, Investment Yield, Combined Ratio, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.