Hamilton Insurance Group, Ltd. (HG)
NYSE: HG · Real-Time Price · USD
19.17
+0.21 (1.11%)
Dec 20, 2024, 4:00 PM EST - Market closed
Hamilton Insurance Group Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Nov '21 Nov 30, 2021 | Nov '20 Nov 30, 2020 |
| Premiums & Annuity Revenue | 1,619 | 1,319 | 1,144 | 1,184 | 942.55 | 707.46 |
| Total Interest & Dividend Income | 56.4 | 30.46 | -21.49 | -38.66 | -35.93 | -29.61 |
| Gain (Loss) on Sale of Investments | 562.58 | 209.61 | 93.35 | -402.31 | 406.75 | 5.7 |
| Other Revenue | 28.73 | 18.63 | 11.32 | 25.57 | 13.73 | 6.74 |
| Total Revenue | 2,267 | 1,577 | 1,227 | 768.17 | 1,327 | 690.28 |
| Revenue Growth (YoY) | 68.94% | 28.56% | 59.72% | -42.12% | 92.25% | - |
| Policy Benefits | 915.53 | 714.6 | 758.33 | 679.8 | 640.56 | 505.27 |
| Policy Acquisition & Underwriting Costs | 371.68 | 309.15 | 271.19 | 287.9 | 229.21 | 168.33 |
| Amortization of Goodwill & Intangibles | 14.69 | 10.78 | 12.83 | 14.4 | 13.43 | 12.49 |
| Selling, General & Administrative | 283.95 | 259.86 | 177.68 | 188.18 | 172.29 | 149.77 |
| Total Operating Expenses | 1,586 | 1,294 | 1,220 | 1,170 | 1,055 | 835.86 |
| Operating Income | 680.87 | 282.84 | 6.86 | -402.12 | 271.6 | -145.58 |
| Interest Expense | -22.52 | -21.43 | -15.74 | -12.73 | -14.9 | -18.91 |
| Currency Exchange Gain (Loss) | -12.12 | -6.19 | 6.14 | 0.19 | 6.44 | -9.54 |
| EBT Excluding Unusual Items | 646.24 | 255.22 | -2.75 | -414.66 | 263.14 | -174.03 |
| Impairment of Goodwill | - | - | -24.08 | - | -0.94 | - |
| Pretax Income | 646.24 | 255.22 | -26.83 | -414.66 | 262.2 | -174.03 |
| Income Tax Expense | -25.86 | -25.07 | 3.1 | 16.02 | 12.37 | 11.49 |
| Earnings From Continuing Ops. | 672.1 | 280.29 | -29.94 | -430.68 | 249.84 | -185.52 |
| Minority Interest in Earnings | -178.72 | -21.56 | -68.06 | 0.04 | -61.66 | -24.93 |
| Net Income | 493.37 | 258.73 | -98 | -430.64 | 188.18 | -210.45 |
| Net Income to Common | 493.37 | 258.73 | -98 | -430.64 | 188.18 | -210.45 |
| Shares Outstanding (Basic) | 106 | 105 | 103 | 103 | 103 | 103 |
| Shares Outstanding (Diluted) | 110 | 106 | 103 | 103 | 104 | 103 |
| Shares Change (YoY) | 5.40% | 3.05% | 0.49% | -0.94% | 0.95% | - |
| EPS (Basic) | 4.63 | 2.47 | -0.95 | -4.20 | 1.83 | -2.05 |
| EPS (Diluted) | 4.48 | 2.44 | -0.95 | -4.20 | 1.82 | -2.05 |
| Free Cash Flow | 510.7 | 283.16 | 190.93 | -406.96 | 226.53 | 2.69 |
| Free Cash Flow Per Share | 4.64 | 2.67 | 1.85 | -3.97 | 2.19 | 0.03 |
| Operating Margin | 30.04% | 17.93% | 0.56% | -52.35% | 20.47% | -21.09% |
| Profit Margin | 21.77% | 16.40% | -7.99% | -56.06% | 14.18% | -30.49% |
| Free Cash Flow Margin | 22.53% | 17.95% | 15.56% | -52.98% | 17.07% | 0.39% |
| EBITDA | 697.38 | 295.25 | 21.85 | -390.59 | 285.49 | -131.59 |
| EBITDA Margin | 30.77% | 18.72% | 1.78% | -50.85% | 21.51% | -19.06% |
| D&A For EBITDA | 16.5 | 12.41 | 14.99 | 11.53 | 13.9 | 13.99 |
| EBIT | 680.87 | 282.84 | 6.86 | -402.12 | 271.6 | -145.58 |
| EBIT Margin | 30.04% | 17.93% | 0.56% | -52.35% | 20.47% | -21.09% |
| Effective Tax Rate | - | - | - | - | 4.72% | - |
| Revenue as Reported | 2,255 | 1,571 | 1,233 | 768.36 | 1,334 | 680.74 |
Source: S&P Capital IQ. Insurance template. Financial Sources.