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Friday 6 November 2026 Export HIG’s income statement to Excel — free account

The Hartford Insurance Group, Inc.

HIG Financial Insurance Diversified

The Hartford Insurance Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $28.4 billion, up 6.91% from fiscal 2024.

Revenue
+3.94%
EPS
+28.3%
Free cash flow
+67.4%
Total debt
+0.11%

Quarter to September 2026, against a year earlier

134.89 2.20 −1.60%
Market cap
$36.7B
P/E
8.2×
Fwd P/E
9.0×
Dividend yield
1.76%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

The Hartford Insurance Group, Inc. (HIG) valuation and DCF model

What the price implies · reverse DCF

At $134.89 the price implies 19.9% a year of dividend growth, at a 9.0% cost of equity.

The dividend a share grew 10.8% a year over the last ten years, 10.3% over the last five. The price asks for about twice its ten-year rate. Return on equity averaged 10.7% over ten years; the price implies 15.0% for good.

In December 2017 the price assumed 20.8% a year; The Hartford Insurance Group, Inc. went on to grow the dividend a share 14.6% a year to FY2025.

Price implies
19.9%
Last 5 years, reported
10.3%
Last 10 years, reported
10.8%

The headline discounts the last twelve months’ the dividend a share at 9.0% for ten years and grows it 2.5% a year after that, the same for every company, so the figure compares across the market (how a reverse DCF works).

The other way round · DCF
The price needs
19.9% a year for ten years
$134.89
today’s price
Its base case
10.8% a year for five years, then 6.5%
$58.66
56.5% below today’s price

Both are growth in the dividend a share, discounted at 9.0%, with 2.5% a year after year ten.

Base case on its own ten-year record The Hartford Insurance Group, Inc.’s own growth, carried forward

Its assumptions

Powerpack lets you start from a scenario and type over any of them.

The base case’s inputs, which Powerpack lets you change
1 · Dividends
the four quarters to September 2026, from the 10-Q and 10-K filings

Yearly growth in the dividend. It usually slows as the company matures.

Today’s price implies the dividend a share growing 19.9% a year for ten years.

2 · Rates

Cost of equity is the yearly return shareholders require, typically 8–11%. Terminal growth is growth forever after year 10, usually near long-run inflation, 2–3%.

3 · Per share

The model is a share’s own: no debt to take off and no shares to divide among.

Advanced inputs

Against The Hartford Insurance Group, Inc.’s own cost of capital: risk-free 4.3% + beta 0.47 × equity premium 4.5% = 6.4% cost of equity; weighted, 6.4%.

Use 6.4%
Base case value per share $58.66 ten years discounted, and what follows
Current price $134.89 market price per share
Below today’s price 56.5% downside at the base case’s assumptions

How we got there$23.71 10 years of dividends+$34.96 terminal value=$58.66 per share

Valuation against its own history

Today’s multiple against its 5- and 10-year averages and the industry median (Insurance Diversified).

Multiple Current 5Y avg 10Y avg vs 10Y avg Industry median vs industry 10Y range
P/E 8.19× 10.54× 11.42× 28% below 11.57× 29% below
P/FCF 5.21× 6.04× 6.37× 18% below 6.58× 21% below
P/B 1.99× 1.91× 1.60× 24% above 1.64× 21% above
EV/EBITDA — 8.50× 9.42× — 3.38× —
EV/Sales — 1.35× 1.31× — 3.90× —
P/E P/FCF P/B EV/EBITDA EV/Sales
9.11×12.93×16.75×20.57×10Y avg 11.42×2016201820192020202120222023202420252026

HIG trades at 8.19× P/E, against a 10-year average of 11.42× (range 8.19×–21.41×). That is cheaper than 100% of the last 9 year-end readings; re-rating to the average implies $188.23 per share.

Every growth rate on this page is the business’s — its cash flow, FFO or dividend — never its share price’s. A discounted-cash-flow model is only as good as its assumptions. Figures from the 10-K and 10-Q filings. Not investment advice.