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US insurer selling commercial property-casualty insurance, group benefits and personal lines insurance.
US insurer selling commercial property-casualty insurance, group benefits and personal lines insurance.
Collects premiums, pays claims and invests the premiums in between; small and mid-sized commercial insurance and employer benefits carry the business, while AARP-branded consumer insurance is sold under licence. It exited life insurance and annuities (retirement-income policies) through a series of sales between 2013 and 2018.
Moat: narrow (scale, brand, distribution). Long-standing small-commercial and AARP-branded personal-lines distribution relationships.
Headquarters: Hartford, Connecticut, United States · Founded: 1810 · Employees: 19,200
Size Hartford (The) (HIG) is a United States Financials company (Property/Casualty Insurance) with a market value of $35.8B, the 320th largest of 3,117 United States companies the cockpit tracks. Shares closed at $133.99 on 6 Nov 2026.
Performance Over six months the shares gained 1.5%, against +17.7% for the median peer and -1.1% for the United States market (cap-weighted) — lowest of 18 in its peer set.
Growth Revenue grew 4.1% over the last twelve months (peer median +2.0%); the operating margin is 18.9% (peer median 15.3%).
Valuation It trades at 1.94× book value against a peer median of 1.98× (9th cheapest of 18).
Price implies The share price implies a return on equity of about 11.3%; Hartford (The) delivers 22.7%, so the price asks less than the business earns today.
Credit Hartford (The) has 9 bonds outstanding ($3.98B), rated A- by the agencies and trading like A- at a weighted spread of 87 bp.
Short interest Short interest is 1.7% of the free float (15 Oct 2026).
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $29.0B | $28.4B | $26.5B | $24.5B | $22.4B |
| Revenue growth | — | +7% | +8% | +10% | — |
| Net income | $4.61B | $3.84B | $3.11B | $2.50B | $1.81B |
| Free cash flow | $6.95B | $5.75B | $5.76B | $4.00B | $3.83B |
| Capital expenditure | $46.0M | $169M | $145M | $215M | $175M |
| Total debt | $4.38B | $4.37B | $4.37B | $4.36B | $4.36B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Hartford (The) HIG | $35.8B | +1% | +4% | 23% | 1.94× | 11.3% |
| Travelers Companies (The) TRV | $81.0B | +33% | +1% | 28% | 2.79× | 13.9% |
| Chubb CB | $139B | +15% | +6% | 15% | 1.91× | 9.4% |
| Cincinnati Financial CINF | $28.5B | +15% | +10% | 17% | 1.76× | 10.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | HIG | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.5% | +9.8% | 3rd lowest of 18 |
| 6-month return | +1.5% | +17.7% | lowest of 18 |
| Return on equity | 22.7% | 15.8% | 5th highest of 18 |
| Price / book | 1.94× | 1.98× | 9th cheapest of 18 |
| Trailing P/E | 8.1× | 12.8× | 2nd cheapest of 18 |
| ROE the price implies | 11.3% | 9.4% | 9th most demanding of 18 |
| ROE delivered | 22.7% | 15.7% | 5th highest of 17 |
| Bond spread | 87 bp | 101 bp | 4th tightest of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Hartford (The) HIG | United States | $35.8B | +1% | +4% | 23% | 1.94× | 11.3% | 22.7% |
| Fairfax Financial FFH.TO | Canada | $42.7B | +21% | -1% | 16% | 1.40× | 7.0% | 15.8% |
| Sampo SAMPO.HE | Finland | $29.1B | +10% | +2% | 16% | 3.60× | 11.3% | 16.5% |
| QBE Insurance QBE.AX | Australia | $27.7B | +19% | +3% | 19% | 2.37× | 11.3% | 19.1% |
| PICC Property & Casualty 2328.HK | Hong Kong | $48.9B | +16% | +9% | 17% | 1.09× | 5.8% | 16.5% |
| Markel MKL | United States | $23.7B | +7% | -1% | 10% | 1.28× | 9.2% | 9.6% |
| Loews L | United States | $22.2B | +5% | +3% | 8% | 1.22× | 8.3% | 8.1% |
| SamsungF&MIns 000810.KS | South Korea | $17.2B | +31% | +5% | 8% | 0.71× | 4.8% | 8.1% |
| Admiral ADM.L | United Kingdom | $16.1B | +23% | 0% | 46% | 8.04× | 33.5% | 45.6% |
| Travelers Companies (The) TRV | United States | $81.0B | +33% | +1% | 28% | 2.79× | 13.9% | 27.5% |
| Everest EG | United States | $15.2B | +18% | -9% | 13% | 1.08× | 6.6% | 12.8% |
| Assurant AIZ | United States | $15.1B | +29% | +9% | 44% | 2.60× | 14.6% | 44.2% |
| Insurance Australia IAG.AX | Australia | $14.4B | +17% | +9% | 14% | 2.87× | 13.1% | 14.0% |
| RenaissanceRe RNR | United States | $14.0B | +16% | -21% | 13% | 1.34× | 7.5% | 13.4% |
| American Financial AFG | United States | $12.8B | +18% | +3% | 18% | 2.67× | 15.1% | n/a |
| Erie Indemnity ERIE | United States | $12.7B | +26% | +2% | 24% | 4.98× | 19.7% | 23.7% |
| Tokio Marine 8766.T | Japan | $105B | +35% | 0% | 12% | 1.98× | 6.7% | 11.8% |
| Chubb CB | United States | $139B | +15% | +6% | 15% | 1.91× | 9.4% | 15.5% |
Hartford (The) has 9 bonds outstanding with $3.98B face value. The agencies rate it A-; its bonds trade like A-. Weighted yield 5.94%, a spread of 87 bp over government bonds.