The Hartford Financial Services Group, Inc. (HIG) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Insurance - Diversified
EV/EBITDA
↑
7.94
-9% vs avg
5yr avg: 8.72
30Y Low4.1·High41.8
P/FCF
↑
6.38
+1% vs avg
5yr avg: 6.29
30Y Low1.3·High18.1
P/B Ratio
↑
2.02
+13% vs avg
5yr avg: 1.78
30Y Low0.4·High2.1
ROE
↑
21.7%
↓+30% vs avg
5yr avg: 16.6%
30Y Low-21%·High24%
Debt/EBITDA
↓
0.85
↓-29% vs avg
5yr avg: 1.20
30Y Low0.8·High19.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
HIG Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
The Hartford Financial Services Group, Inc. trades at 10.0x earnings, 9% below its 5-year average of 11.1x, sitting at the 17th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.4x, the stock trades at a discount of 25%. On a free-cash-flow basis, the stock trades at 6.4x P/FCF, roughly in line with the 5-year average of 6.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $36.7B | $39.5B | $32.7B | $25.0B | $25.0B | $24.4B | $17.7B | $22.2B | $16.2B | $20.9B | $18.8B |
| Enterprise Value | $41.0B | $43.7B | $36.8B | $29.3B | $29.1B | $29.2B | $21.9B | $26.8B | $20.7B | $25.7B | $23.0B |
| P/E Ratio → | 10.02 | 10.35 | 10.57 | 10.09 | 13.94 | 10.43 | 10.29 | 10.74 | 8.96 | — | 20.99 |
| P/S Ratio | 1.30 | 1.40 | 1.24 | 1.03 | 1.14 | 1.13 | 0.87 | 1.08 | 0.86 | 1.21 | 1.15 |
| P/B Ratio | 2.02 | 2.08 | 1.99 | 1.63 | 1.83 | 1.37 | 0.95 | 1.36 | 1.24 | 1.55 | 1.11 |
| P/FCF | 6.38 | 6.86 | 5.67 | 6.25 | 6.52 | 6.17 | 4.70 | 6.55 | 5.95 | 10.77 | 10.21 |
| P/OCF | 6.20 | 6.67 | 5.53 | 5.93 | 6.23 | 5.97 | 4.56 | 6.36 | 5.69 | 9.54 | 9.11 |
P/E links to full P/E history page with 30-year chart
HIG EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
The Hartford Financial Services Group, Inc.'s enterprise value stands at 7.9x EBITDA, 9% below its 5-year average of 8.7x. The Financial Services sector median is 11.4x, placing the stock at a 30% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.55 | 1.40 | 1.20 | 1.33 | 1.35 | 1.08 | 1.31 | 1.11 | 1.50 | 1.41 |
| EV / EBITDA | 7.94 | 8.48 | 8.76 | 8.14 | 10.08 | 8.14 | 8.15 | 8.91 | 9.34 | 22.88 | 27.20 |
| EV / EBIT | 8.60 | 8.82 | 9.57 | 9.48 | 12.87 | 10.05 | 10.31 | 9.52 | 10.11 | 24.71 | 29.69 |
| EV / FCF | — | 7.60 | 6.39 | 7.31 | 7.60 | 7.37 | 5.82 | 7.93 | 7.62 | 13.26 | 12.48 |
HIG Profitability
Margins and return-on-capital ratios measuring operating efficiency
The Hartford Financial Services Group, Inc. earns an operating margin of 16.8%, below the Financial Services sector average of 21.2%. Operating margins have expanded from 12.7% to 16.8% over the past 3 years, signaling improving operational efficiency. ROE of 21.7% indicates solid capital efficiency, compared to the sector median of 9.4%. ROIC of 16.3% represents solid returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 46.1% | 46.1% | 15.0% | 13.0% | 9.4% | 11.4% | 11.5% | 13.4% | 10.2% | 6.1% | 4.8% |
| Operating Margin | 16.8% | 16.8% | 14.6% | 12.7% | 10.4% | 13.4% | 10.4% | 12.5% | 9.3% | 4.2% | 2.7% |
| Net Profit Margin | 13.6% | 13.6% | 11.8% | 10.3% | 8.3% | 11.0% | 8.5% | 10.2% | 9.6% | -18.2% | 5.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 21.7% | 21.7% | 19.6% | 17.3% | 11.6% | 13.0% | 10.0% | 14.2% | 13.6% | -20.6% | 5.2% |
| ROA | 4.6% | 4.6% | 4.1% | 3.5% | 2.4% | 3.1% | 2.4% | 3.1% | 1.3% | -1.4% | 0.4% |
| ROIC | 16.3% | 16.3% | 14.4% | 12.4% | 8.4% | 9.6% | 7.3% | 10.0% | 7.3% | 2.8% | 1.5% |
| ROCE | 5.7% | 5.7% | 6.7% | 5.8% | 3.1% | 3.9% | 2.9% | 5.9% | 9.9% | 3.8% | 2.1% |
HIG Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The Hartford Financial Services Group, Inc. carries a Debt/EBITDA ratio of 0.8x, which is very conservative (79% below the sector average of 4.1x). Net debt stands at $4.2B ($4.4B total debt minus $133M cash). Interest coverage of 24.9x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.23 | 0.23 | 0.27 | 0.28 | 0.32 | 0.28 | 0.23 | 0.30 | 0.36 | 0.37 | 0.29 |
| Debt / EBITDA | 0.85 | 0.85 | 1.04 | 1.21 | 1.51 | 1.38 | 1.62 | 1.61 | 2.11 | 4.45 | 5.81 |
| Net Debt / Equity | — | 0.22 | 0.25 | 0.28 | 0.30 | 0.27 | 0.23 | 0.29 | 0.35 | 0.36 | 0.25 |
| Net Debt / EBITDA | 0.82 | 0.82 | 0.99 | 1.18 | 1.43 | 1.32 | 1.57 | 1.55 | 2.05 | 4.29 | 4.93 |
| Debt / FCF | — | 0.74 | 0.73 | 1.06 | 1.08 | 1.20 | 1.12 | 1.38 | 1.67 | 2.49 | 2.26 |
| Interest Coverage | 24.92 | 24.92 | 19.34 | 15.52 | 10.62 | 12.41 | 8.98 | 10.88 | 6.88 | 3.29 | 2.37 |
HIG Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The Hartford Financial Services Group, Inc.'s current ratio of 17.65x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 0.33x to 17.65x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 17.65 | 17.65 | 16.69 | 0.33 | 24.79 | — | — | 5.97 | 0.88 | 0.24 | 0.02 |
| Quick Ratio | 17.65 | 17.65 | 16.69 | 0.33 | 24.79 | — | — | 5.97 | 0.88 | 0.24 | 0.02 |
| Cash Ratio | 7.33 | 7.33 | 6.92 | 0.00 | 1.94 | — | — | 36.06 | 0.10 | 0.20 | 0.18 |
| Asset Turnover | — | 0.33 | 0.33 | 0.35 | 0.30 | 0.28 | 0.27 | 0.29 | 0.30 | 0.08 | 0.07 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
HIG Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
The Hartford Financial Services Group, Inc. returns 5.9% to shareholders annually — split between a 1.5% dividend yield and 4.4% buyback yield. The payout ratio of 15.4% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 10.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.5% | 1.5% | 1.7% | 2.1% | 2.0% | 2.0% | 2.6% | 2.0% | 2.3% | 1.6% | 1.8% |
| Payout Ratio | 15.4% | 15.4% | 17.9% | 21.1% | 27.8% | 20.5% | 26.3% | 20.8% | 21.0% | — | 37.3% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 10.0% | 9.7% | 9.5% | 9.9% | 7.2% | 9.6% | 9.7% | 9.3% | 11.2% | — | 4.8% |
| FCF Yield | 15.7% | 14.6% | 17.6% | 16.0% | 15.3% | 16.2% | 21.3% | 15.3% | 16.8% | 9.3% | 9.8% |
| Buyback Yield | 4.4% | 4.1% | 4.6% | 5.6% | 6.2% | 7.0% | 0.8% | 0.9% | 0.0% | 4.9% | 7.1% |
| Total Shareholder Yield | 5.9% | 5.6% | 6.3% | 7.7% | 8.2% | 8.9% | 3.4% | 2.9% | 2.3% | 6.6% | 8.8% |
| Shares Outstanding | — | $287M | $299M | $312M | $330M | $354M | $361M | $365M | $364M | $371M | $395M |
Peer Comparison
Compare HIG with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 HIGYou | $37B | 10.0 | 7.9 | 6.4 | 46.1% | 16.8% | 21.7% | 16.3% | 0.8 |
 TRV | $65B | 11.0 | 8.7 | — | 44.3% | 16.0% | 20.7% | 15.3% | 1.1 |
 CB | $126B | 12.5 | 10.9 | 8.6 | 29.4% | 21.8% | 13.9% | 10.8% | 1.7 |
 CNA | $12B | 9.3 | 8.5 | 4.9 | 30.7% | 11.0% | 11.5% | 8.9% | 1.8 |
 WRB | $25B | 14.9 | 10.9 | 7.1 | 19.8% | 15.9% | 19.6% | 18.2% | 1.2 |
 HUM | $30B | 25.0 | 16.8 | 78.9 | 14.5% | 1.1% | 7.0% | 4.1% | 5.7 |
 MET | $52B | 16.7 | 8.8 | 2.9 | 36.4% | 6.0% | 11.9% | 13.1% | 3.5 |
 PRU | $35B | 9.8 | 7.8 | 5.6 | 42.0% | 7.9% | 10.9% | 10.0% | 4.7 |
 ALL | $56B | 5.7 | 4.6 | 5.7 | 33.2% | 19.8% | 39.6% | 29.8% | 0.5 |
 PGR | $115B | 13.7 | 11.1 | 7.8 | 27.7% | 14.2% | 37.0% | 27.0% | 0.6 |
 LNC | $6B | 2.0 | 1.7 | — | 25.5% | 22.4% | 43.2% | 32.7% | 1.5 |
| Financial Services Median | — | 13.4 | 11.4 | 10.6 | 63.4% | 21.2% | 9.4% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonHIG — Frequently Asked Questions
Quick answers to the most common questions about buying HIG stock.
What is The Hartford Financial Services Group, Inc.'s P/E ratio?
The Hartford Financial Services Group, Inc.'s current P/E ratio is 10.0x. The historical average is 15.0x. This places it at the 17th percentile of its historical range.
What is The Hartford Financial Services Group, Inc.'s EV/EBITDA?
The Hartford Financial Services Group, Inc.'s current EV/EBITDA is 7.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.8x.
What is The Hartford Financial Services Group, Inc.'s ROE?
The Hartford Financial Services Group, Inc.'s return on equity (ROE) is 21.7%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 8.3%.
Is HIG stock overvalued?
Based on historical data, The Hartford Financial Services Group, Inc. is trading at a P/E of 10.0x. This is at the 17th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is The Hartford Financial Services Group, Inc.'s dividend yield?
The Hartford Financial Services Group, Inc.'s current dividend yield is 1.55% with a payout ratio of 15.4%.
What are The Hartford Financial Services Group, Inc.'s profit margins?
The Hartford Financial Services Group, Inc. has 46.1% gross margin and 16.8% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does The Hartford Financial Services Group, Inc. have?
The Hartford Financial Services Group, Inc.'s Debt/EBITDA ratio is 0.8x, indicating low leverage. A ratio below 2x is generally considered financially healthy.