Hartford Insurance GROUP, Inc. (HIG) intrinsic value & 10-year financials
Hartford Insurance GROUP, Inc. (HIG) has a Graham intrinsic value of $442.43 per share. At $135.12 on Oct 17, 2026, the stock trades 69% below that value. Over the last 10 fiscal years revenue shrank 24.2% a year to $1.5B, with an average return on invested capital of 8.3%.
- Graham intrinsic value
- $442.43
- Share price (Oct 17, 2026)
- $135.12
- Price vs Graham value
- 69% below
- Market cap
- $38.7B
- Revenue (FY2025)
- $1.5B
- Revenue growth (10-yr CAGR)
- -24.2%
- ROIC (10-yr avg)
- 8.3%
- Free cash flow (FY2025)
- $5.8B
HIG 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.5B | $3.8B | $13.32 | $5.8B | — | 17.5% |
| FY2024 | $1.5B | $3.1B | $10.35 | $5.8B | — | 15.5% |
| FY2023 | $1.4B | $2.5B | $7.97 | $4.0B | — | 13.4% |
| FY2022 | $1.4B | $1.8B | $5.44 | $3.8B | — | 9.0% |
| FY2021 | $1.6B | $2.4B | $6.62 | $4.0B | — | 10.4% |
| FY2020 | $1.4B | $1.7B | $4.76 | $3.8B | — | 8.0% |
| FY2019 | $1.4B | $2.1B | $5.66 | $3.4B | — | 10.8% |
| FY2018 | $1.4B | $1.8B | $4.95 | $2.7B | — | 10.0% |
| FY2017 | $1.3B | -$3.1B | -$8.61 | $1.9B | — | -16.0% |
| FY2016 | $18.3B | $896.0M | $2.27 | $1.8B | — | 4.3% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Hartford (The) is facing top-line stagnation, with revenue contracting over the decade.
Hartford (The) returns on capital have been average, hovering around 8.3% ROIC over the decade.
Over the decade, Hartford (The) shows that management has aggressively returned capital to shareholders by retiring 27.4% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Hartford (The) is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $442.43 per share.