HRTG
Heritage Insurance Hldgs Inc
NYSE: HRTG · FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY
$29.32
-0.37% today
Updated 2026-04-30
Market cap
$918.55M
P/E ratio
4.73
P/S ratio
1.08x
EPS (TTM)
$6.32
Dividend yield
—
52W range
$17 – $32
Volume
0.3M
Heritage Insurance Hldgs Inc (HRTG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.63M | $98.79M | $233.82M | $394.79M | $438.96M | $406.62M | $480.17M | $511.31M | $593.38M | $631.56M | $662.46M | $735.50M | $816.99M | $847.33M |
| Revenue growth (YoY) | — | +1654.6% | +136.7% | +68.8% | +11.2% | -7.4% | +18.1% | +6.5% | +16.1% | +6.4% | +4.9% | +11.0% | +11.1% | +3.7% |
| Cost of revenue | $1.49M | $18.61M | $126.07M | $198.38M | $323.28M | $285.37M | $322.09M | $381.19M | $501.66M | $573.34M | $657.47M | $593.74M | $638.24M | $313.25M |
| Gross profit | $5.63M | $80.18M | $107.75M | $196.41M | $115.67M | $121.25M | $158.08M | $130.11M | $91.72M | $58.22M | $4.99M | $141.76M | $178.75M | $534.08M |
| Gross margin | 100.0% | 81.2% | 46.1% | 49.8% | 26.4% | 29.8% | 32.9% | 25.4% | 15.5% | 9.2% | 0.8% | 19.3% | 21.9% | 63.0% |
| R&D | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $7.92M | $24.72M | $33.50M | $46.13M | $58.91M | $71.71M | $88.54M | $80.54M | $81.54M | $65.79M | $70.40M | $77.78M | $85.14M | $92.97M |
| Operating income | $-3.78M | $55.46M | $74.25M | $150.29M | $56.40M | $-5.89M | $38.99M | $41.00M | $2.21M | $-76.03M | $-166.17M | $52.01M | $82.68M | $259.26M |
| Operating margin | -67.1% | 56.1% | 31.8% | 38.1% | 12.8% | -1.4% | 8.1% | 8.0% | 0.4% | -12.0% | -25.1% | 7.1% | 10.1% | 30.6% |
| EBITDA | $-3.78M | $55.63M | $75.03M | $151.64M | $65.74M | $15.06M | $86.08M | $59.95M | $18.29M | $-59.62M | $-149.00M | $71.90M | $103.16M | $279.85M |
| EBITDA margin | -67.1% | 56.3% | 32.1% | 38.4% | 15.0% | 3.7% | 17.9% | 11.7% | 3.1% | -9.4% | -22.5% | 9.8% | 12.6% | 33.0% |
| EBIT | $-3.78M | $55.48M | $74.25M | $150.29M | $56.77M | $7.32M | $59.01M | $49.52M | $10.19M | $-68.06M | $-157.36M | $63.22M | $93.61M | $267.15M |
| Interest expense | $829000.00 | $16000.00 | $0.00 | $0.00 | $362000.00 | $13.21M | $20.02M | $8.52M | $7.97M | $7.97M | $8.81M | $11.21M | $10.93M | $7.89M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-5.47M | $34.21M | $47.10M | $92.51M | $33.87M | $-1.12M | $27.16M | $28.64M | $9.33M | $-74.73M | $-154.36M | $45.31M | $61.54M | $195.59M |
| Net income growth (YoY) | — | +725.9% | +37.7% | +96.4% | -63.4% | -103.3% | +2526.7% | +5.5% | -67.4% | -901.3% | -106.6% | +129.4% | +35.8% | +217.8% |
| Profit margin | -97.1% | 34.6% | 20.1% | 23.4% | 7.7% | -0.3% | 5.7% | 5.6% | 1.6% | -11.8% | -23.3% | 6.2% | 7.5% | 23.1% |