Saturday 17 October 2026 Export HG’s income statement to Excel — free account

Hamilton Insurance Group, Ltd.

Hamilton Insurance Group, Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 24.7% from fiscal 2024. In the quarter to June 2026, revenue grew 13.3%, EPS fell 21.6%, free cash flow fell 42.6% and total debt was flat, each against the same quarter a year earlier. Revenue growth for three consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

36.21 0.71 +2.00%

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Market cap: $3.5B
P/E: 6.1×
Fwd P/E: 7.1×
Dividend yield: 0.00%
F-score: 8/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.00

Total sells 6.48

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	1	—	—	—	—	—	—
Sell	1	—	—	—	—	—	5	—	—	—	2	—

Insider Ownership 37.53%

Capital & Financial Ratios $m

Market Cap 3,500.00

Revenue 2,994.46

Net Income 862.81

Free Cash Flow 815.18

Net Debt (679.17)

Current Ratio 0.60

Debt/Equity 0.05

P/E ratio 6.14

Fwd P/E 7.12

P/S ratio 1.20

P/B ratio 1.26

Past 5Y EPS Growth —

This Y EPS Growth 5.01%

Next Y EPS Growth (6.60%)

Next Y revenue growth (2.19%)

Next 5Y EPS Growth 2.64%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio 0.00

Annual Dividend Rate 0.00

Annual Dividend Yield 0.00%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	2.00	2.00

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	901	1,101	1,172	829
Receivables	2,201	2,370	2,764	3,443
Inventory	—	—	—	—
Other	—	—	—	—
	3,102	3,471	3,936	4,272

	2023	2024	2025	Q'26
Payables	4,467	5,217	6,476	7,122
ST’ Debt	—	—	—	—
Other	—	—	—	—
	4,467	5,217	6,476	7,122

Compound Annual Growth %

	10y	5y	3y
Sales	—	16.85%	33.07%
Cash Flow	—	30.04%	64.01%
Earnings	—	25.10%	0.00%
Book Value	—	9.56%	19.25%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	759	840	—	—	—
’25	769	741	668	728	2,906
’24	659	588	513	570	2,330
’23	322	357	396	495	1,571
’22	—	505	227	—	1,233
’21	—	—	—	—	1,334
’21	—	—	—	—	1,334

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	101	125	—	—	—
’25	35	218	296	293	842
’24	158	156	161	284	759
’23	12	64	172	35	283
’22	—	136	53	2	191
’21	—	—	—	227	227
’21	—	—	—	—	227

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	101	125	—	—	—
’25	35	218	296	293	842
’24	158	156	161	284	759
’23	12	64	172	35	283
’22	—	136	53	2	191
’21	—	—	—	227	227
’21	—	—	—	—	227

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.31	1.42	—	—	—
’25	0.77	1.79	1.32	1.69	5.55
’24	1.38	1.20	0.74	0.32	3.67
’23	0.51	0.35	0.41	1.15	2.44
’22	—	2.46	(1.47)	—	(0.95)
’21	—	—	—	—	2.41
’21	—	—	—	—	2.41

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	—	—	13.98	12.44	16.80	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	—	—	16.35	20.71	28.72
People
People	Employees	—	—	—	—	—	—	500	500	600	600
	Revenue/emp, $m	—	—	—	0.00	0.00	0.00	2.47	3.14	3.88	4.84
Income, $m
Income, $m	Revenue	—	—	—	681	681	1,334	1,233	1,571	2,330	2,906
	Gross margin, %	—	—	—	25.78	25.78	51.97	38.50	54.51	56.64	56.69
	EBT	—	—	—	(174)	(431)	262	(27)	255	622	825
	EBT margin, %	—	—	—	(25.56)	0.00	19.66	(2.18)	16.25	26.68	28.39
	Net income	—	—	—	0	0	250	(30)	280	613	840
	Depreciation	—	—	—	—	(2)	(26)	23	(29)	(36)	(32)
Per share, $
Per share, $	Revenue	—	—	—	0.00	6.64	13.00	11.96	15.02	22.16	28.95
	Earnings	—	—	—	—	(1.81)	2.44	(0.95)	2.47	3.81	5.75
	Cash flow	—	—	—	—	0.00	2.21	1.85	2.71	7.22	8.39
	Capex	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
	Free cash flow	—	—	—	—	0.00	2.21	1.85	2.71	7.22	8.39
	Book value	—	—	—	—	0.00	0.00	16.15	19.59	22.15	28.12
	Shares, m	—	—	—	—	103	103	103	105	105	100
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	0.00	0.00	6.11	5.06	4.85
	P/S	—	—	—	1.19	1.19	1.19	1.19	1.00	0.86	0.96
	P/B	—	—	—	0.86	0.86	0.86	0.86	0.77	0.86	0.99
	EV/Sales	—	—	—	0.62	0.62	0.62	0.62	0.52	0.45	0.61
	EV/FCF	—	—	—	3.21	3.21	3.21	3.21	2.90	1.38	2.11
Cash, $m
Cash, $m	Operating cash flow	—	—	—	—	188	227	191	283	759	842
	Capex	—	—	—	—	0	—	—	—	—	—
	Free cash flow	—	—	—	—	188	227	191	283	759	842
Balance, $m
Balance, $m	Working capital	—	—	—	—	2,831	(815)	(842)	(1,365)	(1,746)	(2,540)
	Total debt	—	—	—	—	150	150	150	150	150	150
	Net debt	—	—	—	—	(805)	(805)	(1,057)	(751)	(951)	(1,022)
	Shareholders’ equity	—	—	—	—	1,788	1,788	1,664	2,048	2,329	2,822
Returns, %
Returns, %	ROA	—	—	—	0.00	6.71	6.71	(1.71)	4.14	5.54	6.64
	ROIC	—	—	—	0.00	(26.45)	0.00	(2.76)	12.30	28.19	28.64
	ROE	—	—	—	0.00	0.00	0.00	(5.68)	13.94	18.30	22.39

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RGA Reinsurance Group of America, Incorporated	$17.2B	11.5×	8.4×	+18.54% (above 0%: growing)	+159.93% (above 0%: growing)	−40.98% (below 0%: shrinking)	15.58%	10.73%	Compare
EG Everest Group, Ltd.	$14.6B	8.2×	6.4×	−11.80% (below 0%: shrinking)	−11.68% (below 0%: shrinking)	−73.12% (below 0%: shrinking)	18.99%	18.15%	Compare
RNR RenaissanceRe Holdings Ltd.	$14.3B	6.0×	9.0×	−13.66% (below 0%: shrinking)	−9.91% (below 0%: shrinking)	−42.00% (below 0%: shrinking)	45.62%	41.52%	Compare
HG Hamilton Insurance Group, Ltd.	$3.5B	6.1×	7.1×	+13.34% (above 0%: growing)	−21.62% (below 0%: shrinking)	−42.62% (below 0%: shrinking)	56.94%	31.21%
SPNT SiriusPoint Ltd.	$2.9B	5.9×	8.3×	−0.55% (below 0%: shrinking)	+15.69% (above 0%: growing)	−108.37% (below 0%: shrinking)	30.79%	30.47%	Compare
GLRE Greenlight Capital Re, Ltd.	$481.1M	9.8×	— (loss-making)	−14.15% (below 0%: shrinking)	n/m	−54.17% (below 0%: shrinking)	(13.58%)	(13.58%)	Compare
KG Kestrel Group Ltd	$36.2M	— (loss-making)	— (loss-making)	+20.12% (above 0%: growing)	n/m	−29.99% (below 0%: shrinking)	62.64%	(94.30%)	Compare
OXBR Oxbridge Re Holdings Limited	$7.5M	50.0×	— (loss-making)	+41.57% (above 0%: growing)	n/m	+87.70% (above 0%: growing)	95.32%	31.17%	Compare
Median of peers	$2.9B	9.0×	8.4×	−0.55%	+2.89%	−42.00%	30.79%	18.15%

All 8 Insurance Reinsurance stocks →

Hamilton Insurance Group, Ltd. (HG) key facts

Strength: Hamilton Insurance Group, Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 24.7% from fiscal 2024.
Hamilton Insurance Group, Ltd. (HG) is an Insurance Reinsurance company in the Financial sector, listed on the New York Stock Exchange.
As of October 16, 2026, HG traded at $36.21, a market capitalization of $3.5 billion.
Return on equity was 22.4% and debt-to-equity 0.05.
Its Piotroski F-score is 8 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.