Hamilton Insurance Group, Ltd. (HG) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the HG SEC filings page.
Hamilton Insurance Group, Ltd. (HG) reported $3.0B in revenue over the twelve months to Jun 30, 2026, up 15.5% from the prior twelve months. 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).
The business is turning reported profit into cash while expanding its balance sheet with liabilities and equity rather than heavy corporate borrowing.
In the latest year, operating cash flow of$842M nearly matched net income of$840M , unlike the prior year when cash flow was materially above earnings. The smaller gap indicates the latest earnings profile was more directly supported by cash and less influenced by non-cash or timing effects.
Returns improved faster than scale: ROA rose to
At FY2025 year-end, liabilities were
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, Ltd.'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.
Loss Ratio measures the claims an insurer paid out against the premiums it earned, so a lower ratio leaves more of every premium dollar with the company. Hamilton Insurance Group, Ltd. scores 16/100 on it among other insurers.
Hamilton Insurance Group, Ltd. reported revenue of $2.9B in fiscal year 2025, against $2.3B in fiscal year 2024. Premium Growth ranks insurers on the three-year path of the premiums they write rather than on total revenue, and Hamilton Insurance Group, Ltd. scores 87/100 among other insurers.
Hamilton Insurance Group, Ltd. funded 29.5% of its assets with shareholders' equity at the end of fiscal year 2025, holding $2.8B of equity against $9.6B of assets. Capital ranks insurers on that cushion, and Hamilton Insurance Group, Ltd. scores 66/100 among other insurers.
Not available for Hamilton Insurance Group, Ltd., and counted as zero in the overall score.
Combined Ratio puts claims and running costs together against premiums earned, and a figure under 100% means the underwriting made money before any investment income was counted. Hamilton Insurance Group, Ltd. scores 52/100 on it among other insurers.
Hamilton Insurance Group, Ltd. reported net income of $840.0M in fiscal year 2025, against $613.2M in fiscal year 2024. Stability ranks insurers on how steady net income has been across five years, and Hamilton Insurance Group, Ltd. scores 44/100 among other insurers.
Hamilton Insurance Group, Ltd. passes 6 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), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Hamilton Insurance Group, Ltd. 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, Ltd. generated $839.6M in revenue in Q2 2026. This represents an increase of 13.3% from the same quarter a year earlier. Against the prior quarter it is up 10.6%.
Hamilton Insurance Group, Ltd. reported $254.8M in net income in Q2 2026. This represents a decrease of 4.8% from the same quarter a year earlier. Against the prior quarter it is up 17.4%.
Hamilton Insurance Group, Ltd. earned $1.42 per diluted share (EPS) in Q2 2026. This represents a decrease of 20.7% from the same quarter a year earlier. Against the prior quarter it is up 8.4%.
Not reported for Q2 2026.
Cash & Balance Sheet
Hamilton Insurance Group, Ltd. held $717.3M in cash against $149.8M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Hamilton Insurance Group, Ltd.'s net profit margin was 30.3% in Q2 2026, showing the share of revenue converted to profit. This is down 5.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.8 percentage points.
Hamilton Insurance Group, Ltd.'s ROE was 8.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 1.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.0 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Hamilton Insurance Group, Ltd. spent $22.2M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 36.6% from the same quarter a year earlier. Against the prior quarter it is down 32.9%.
Not reported for Q2 2026.
Not reported for Q2 2026.
HG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $839.6M+13.3% | $758.9M-1.3% | $728.3M+27.7% | $667.6M+30.2% | $740.8M+26.0% | $768.8M+16.7% | $570.5M+15.2% | $512.8M+29.4% |
| SG&A Expenses | $66.9M-2.8% | $61.5M-2.0% | $73.1M-17.9% | $74.3M+19.1% | $68.8M+6.0% | $62.7M+14.3% | $89.0M-12.6% | $62.4M-1.0% |
| Interest Expense | $4.8M+0.7% | $4.8M-14.7% | $4.9M-10.9% | $4.9M-7.8% | $4.7M-21.6% | $5.6M-1.9% | $5.5M+1.8% | $5.4M+1.2% |
| Income Tax | $2.5M-7.7% | $2.3M-27.5% | -$24.9M-1188.4% | $3.9M+27.6% | $2.7M+7.2% | $3.2M+441.6% | $2.3M+107.1% | $3.0M+26.9% |
| Net Income | $254.8M-4.8% | $217.0M+19.7% | $214.6M+188.3% | $176.4M+189.1% | $267.8M+33.6% | $181.3M-34.6% | $74.4M-44.2% | $61.0M+15.9% |
| EPS (Basic) | $1.45-21.6% | $1.34+69.6% | $1.74+383.3% | $1.37+77.9% | $1.85+49.2% | $0.79-44.4% | $0.36-70.0% | $0.77+83.3% |
| EPS (Diluted) | $1.42-20.7% | $1.31+70.1% | $1.67 | $1.32 | $1.79+49.2% | $0.77-44.2% | $0.34 | $0.74 |
| Diluted Shares (Avg) | 101M-3.3% | 102M-3.2% | N/A | 103M | 105M-4.6% | 105M-8.0% | N/A | 106M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
HG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $10.3B+15.2% | $9.9B+18.2% | $9.6B+22.8% | $9.2B+17.7% | $8.9B+16.9% | $8.3B+13.5% | $7.8B+16.9% | $7.8B+20.3% |
| Cash & Equivalents | $717.3M-27.2% | $842.5M+0.5% | $1.1B+6.6% | $955.1M-0.2% | $985.6M-3.0% | $838.5M-22.7% | $996.5M+25.4% | $957.4M+19.0% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | $0 | N/A |
| Total Liabilities | $7.3B+16.8% | $7.1B+20.4% | $6.7B+23.5% | $6.5B+18.7% | $6.3B+18.4% | $5.9B+16.1% | $5.5B+18.3% | $5.5B+15.9% |
| Long-Term Debt | $149.8M+0.1% | $149.8M-0.1% | $149.7M-0.1% | $149.7M-0.1% | $149.7M-0.1% | $150.0M+0.1% | $149.9M+0.1% | $149.9M+0.1% |
| Total Equity | $2.9B+11.4% | $2.7B+13.5% | $2.8B+21.2% | $2.7B+15.1% | $2.6B+14.3% | $2.4B+8.6% | $2.3B+13.7% | $2.3B+28.6% |
| Retained Earnings | $1.7B+22.2% | $1.6B+28.6% | $1.7B+44.7% | $1.5B+33.6% | $1.4B+32.1% | $1.2B+29.7% | $1.2B+45.8% | $1.1B+69.7% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-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. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $125.3M-42.6% | $100.8M+188.9% | $293.4M+3.3% | $295.6M+84.1% | $218.4M+39.6% | $34.9M-77.9% | $284.1M+700.6% | $160.6M-6.5% |
| Depreciation & Amortization | $4.0M-6.8% | $4.4M+0.8% | $2.9M-13.3% | $4.3M-22.9% | $4.3M+13.1% | $4.3M+19.4% | $3.4M-1.0% | $5.6M+76.0% |
| Stock-Based Compensation | N/A | $5.7M-14.8% | N/A | N/A | N/A | $6.6M-8.9% | N/A | N/A |
| Investing Cash Flow | -$159.0M-1729.0% | -$27.8M+81.5% | -$42.7M+52.0% | -$230.6M-2.4% | $9.8M+115.2% | -$150.6M-177.6% | -$88.9M+26.6% | -$225.2M-25.8% |
| Financing Cash Flow | -$90.3M-5.5% | -$285.6M-264.9% | -$143.6M-12.7% | -$68.8M-587.3% | -$85.5M+45.5% | -$78.3M-14.4% | -$127.4M-266.9% | -$10.0M-10.5% |
| Dividends Paid | $129K | $199.4M | N/A | N/A | $0 | $0 | N/A | N/A |
| Share Buybacks | $22.2M-36.6% | $33.1M+95.9% | $20.2M-25.1% | $40.5M+304.2% | $35.0M-68.2% | $16.9M+426.2% | $27.0M+14238.3% | $10.0M |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.
HG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 30.3%-5.8pp | 28.6%+5.0pp | 29.5%+16.4pp | 26.4%+14.5pp | 36.1%+2.1pp | 23.6%-18.5pp | 13.0%-13.9pp | 11.9%-1.4pp |
| Return on Equity | 8.9%-1.5pp | 8.0%+0.4pp | 7.6%+4.4pp | 6.6%+4.0pp | 10.5%+1.5pp | 7.5%-5.0pp | 3.2%-3.3pp | 2.6%-0.3pp |
| Return on Assets | 2.5%-0.5pp | 2.2%0.0pp | 2.2%+1.3pp | 1.9%+1.1pp | 3.0%+0.4pp | 2.2%-1.6pp | 0.9%-1.1pp | 0.8%0.0pp |
| Debt-to-Equity | 0.050.0x | 0.060.0x | 0.050.0x | 0.060.0x | 0.060.0x | 0.060.0x | 0.060.0x | 0.060.0x |
| Asset Turnover | 0.080.0x | 0.080.0x | 0.080.0x | 0.070.0x | 0.080.0x | 0.090.0x | 0.070.0x | 0.070.0x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Hamilton Insurance Group, Ltd. HG | FY2025 | $2.9B | $840.0M | 28.9% | $3.5B | 44/100 |
| SiriusPoint Ltd. SPNT | FY2025 | $3.2B | $460.0M | 14.3% | $2.9B | 34/100 |
| Everest Group, Ltd. EG | FY2025 | $17.5B | $1.6B | 9.1% | $13.9B | 38/100 |
| RenaissanceRe Holdings Ltd. RNR | FY2025 | $12.8B | $2.7B | 20.9% | $13.4B | 50/100 |
| Reinsurance Group of America, Incorporated RGA | FY2025 | $23.7B | $1.2B | 5.0% | $16.4B | 23/100 |
| Greenlight Captial RE, LTD. GLRE | FY2025 | $729.8M | $74.8M | 10.3% | $482.1M | 47/100 |
Where Hamilton Insurance Group, Ltd. Ranks
Frequently Asked Questions
What is Hamilton Insurance Group, Ltd.'s annual revenue?
Hamilton Insurance Group, Ltd. (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, Ltd.'s revenue growing?
Hamilton Insurance Group, Ltd. (HG) revenue grew by 24.7% year-over-year, from $2.3B to $2.9B in fiscal year 2025.
Is Hamilton Insurance Group, Ltd. profitable?
Yes, Hamilton Insurance Group, Ltd. (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, Ltd. have?
As of fiscal year 2025, Hamilton Insurance Group, Ltd. (HG) had $1.1B in cash and equivalents against $149.7M in long-term debt.
What is Hamilton Insurance Group, Ltd.'s net profit margin?
Hamilton Insurance Group, Ltd. (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, Ltd.'s return on equity (ROE)?
Hamilton Insurance Group, Ltd. (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, Ltd.'s operating cash flow?
Hamilton Insurance Group, Ltd. (HG) generated $842.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Hamilton Insurance Group, Ltd.'s total assets?
Hamilton Insurance Group, Ltd. (HG) had $9.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Hamilton Insurance Group, Ltd.'s debt-to-equity ratio?
Hamilton Insurance Group, Ltd. (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, Ltd.'s return on assets (ROA)?
Hamilton Insurance Group, Ltd. (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, Ltd.'s P/E ratio?
Hamilton Insurance Group, Ltd. (HG) trades at 4.0x earnings, its market capitalization divided by net income of $862.8M net income, trailing 12 months to June 30, 2026. The market capitalization is $3.5B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Hamilton Insurance Group, Ltd.'s price-to-sales ratio?
Hamilton Insurance Group, Ltd. (HG) trades at 1.2x sales, its market capitalization divided by revenue of $3.0B revenue, trailing 12 months to June 30, 2026. The market capitalization is $3.5B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Hamilton Insurance Group, Ltd.'s Piotroski F-Score?
Hamilton Insurance Group, Ltd. (HG) has a Piotroski F-Score of 6 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, Ltd.'s earnings high quality?
Hamilton Insurance Group, Ltd. (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, Ltd.?
Hamilton Insurance Group, Ltd. (HG) scores 44 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.