Superworth

Heritage Insurance HRTG

Insurance - Property & Casualty, Financial Services
$36.82
−2.33%
Market cap
$1.1B
PE
5.2×
10y median 10.1×
Forward PE
n/m
not a meaningful number
Price to sales
1.3×
Revenue, 12 months
$854.6M
+2% on a year ago
Net margin
25.2%

Heritage Insurance trades at 5.2× trailing earnings, cheaper than 82% of the last ten years. Revenue was $854.6M over the last twelve months, up 2% on a year earlier with a 25% net margin.

Charts

Financials

Income statement for HRTG, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$186.3M+13%$187M+7%$191.3M+8%$203.6M+10%$211.8M+14%$210.3M+13%$211.5M+11%$208M+2%$212.5M+0%$215.3M+2%$212.7M+1%$214.2M+3%
SG&A$21.9M+23%$16.8M+9%$19.6M+3%$22.8M+14%$21.6M−2%$21.2M+26%$23.9M+22%$24.4M+7%$22.3M+4%$22.4M+6%$24.9M+4%$23.8M−3%
−$9.4M−80%$36.2M+143%$22.7M+13%$27.6M+69%$11.7M$31.5M−13%$42.4M+87%$64.9M+135%$70.2M+497%$89.7M+185%$50.8M+20%$83.8M+29%
Interest expense$2.6M+28%$3M−2%$2.8M−2%$2.8M+2%$2.8M+6%$2.6M−14%$2.4M−14%$1.9M−32%$1.9M−33%$1.7M−33%$1.8M−27%$1.7M−10%
Pre-tax income−$12M−76%$33.2M+180%$19.9M+16%$24.9M+82%$9M$28.9M−13%$40M+101%$63M+153%$68.3M+660%$87.9M+204%$49M+23%$82.2M+30%
−$4.6M+320%$2.2M$5.6M+76%$6M+2%$842K$8.7M+289%$9.5M+69%$15M+150%$17.9M+2025%$21.3M+146%$12.6M+32%$20.4M+37%
Net income−$7.4M−85%$30.9M+148%$14.2M+2%$18.9M+143%$8.2M$20.3M−34%$30.5M+114%$48M+155%$50.4M+519%$66.7M+229%$36.5M+20%$61.7M+29%
−$0.28−85%$1.15+140%$0.47−15%$0.61+103%$0.27$0.66−43%$0.99+111%$1.55+154%$1.63+504%$2.15+226%$1.19+20%$2.05+32%
26.7M+1%27.1M+5%30.4M+19%30.7M+20%30.7M+15%30.7M+14%30.8M+1%31.1M+1%31M+1%31M+1%30.7M−0%30.1M−3%

Revenue: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

SG&A: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

Interest expense: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

Pre-tax income: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

Income tax: Q1 FY13 and Q1 FY14: 6 months less the 3 months printed beside them.

Net income: Q1 FY14: 6 months less the 3 months printed beside them.

EPS, diluted: 4 periods, Q1 FY13 to Q4 FY18: quarter's net income to common over its shares, to the cent.

Diluted shares: Q1 FY13: share-days: the 6-month average less the second quarter's. Q4 FY13: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution. 9 periods, Q4 FY14 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. 3 periods, Q4 FY16 to Q4 FY21: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Insurance - Property & Casualty nearest Heritage Insurance's size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
HRTGHeritage Insurance$1.1B5.2×10.1×1.3×+2%25.2%
BOWBowhead Specialty$1.1B18.4×18.1×1.8×+25%10.1%
ASICAtegrity Specialty Insurance$1.2B11.3×12.7×2.2×+37%20.7%
HIPOHippo$1B8.2×7.7×2.0×+19%23.9%
EIGEmployers$935.4M76.6×11.2×1.1×−6%0.9%
UVEUniversal Insurance$1.4B6.4×9.5×0.8×+4%13.5%
ROOTRoot$819.3M15.0×19.3×0.5×+15%3.9%
UFCSUnited Fire$1.5B10.7×18.2×1.0×+11%9.6%
SAFTSafety Insurance$1.5B22.4×16.8×1.2×+7%5.3%
DGICADonegal$698.6M9.8×12.7×0.7×−3%7.4%
HMNHorace Mann Educators$1.9B10.8×14.1×1.1×+6%10.2%
Peer median$1.1B11.0×13.4×1.1×+9%9.8%

More on Heritage Insurance

Each number over time

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About

Industry
Insurance - Property & Casualty
Sector
Financial Services

Valuation data, not investment advice. Prices as of .