HRTG · Heritage Insurance Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $212.66M | - | $212.46M | $208.03M | $211.52M | - | $211.85M | $203.57M | $191.30M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $24.91M | - | $22.34M | $24.40M | $23.86M | - | $21.57M | $22.78M | $19.63M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $1.60M | - | $696.0K | $1.10M | $680.2K | - | $696.0K | $718.8K | $2.23M | - |
| Operating Income | $50.82M | - | $70.17M | $64.87M | $42.44M | - | $11.75M | $27.64M | $22.70M | - |
| Interest Expense | $1.78M | - | $1.85M | $1.88M | $2.83M | - | $2.75M | $2.78M | $2.83M | - |
| Income Tax | $12.56M | - | $17.89M | $14.97M | $9.54M | - | $842.0K | $5.99M | $5.65M | - |
| Net Income | $36.48M | - | $50.42M | $48.02M | $30.47M | - | $8.15M | $18.87M | $14.22M | - |
| EPS - Basic | $1.19 | - | $1.63 | $1.55 | $0.99 | - | $0.27 | $0.62 | $0.47 | - |
| EPS - Diluted | $1.19 | - | $1.63 | $1.55 | $0.99 | - | $0.27 | $0.61 | $0.47 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $517.07M | $559.27M | $560.43M | $473.46M | $425.91M | $452.67M | $509.92M | $480.93M | $386.10M | $463.64M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $2.02B | $2.20B | $2.37B | $2.54B | $2.21B | $2.47B | $2.37B | $2.60B | $2.13B | $2.15B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $77.61M | $78.43M | $79.25M | $92.36M | $94.81M | $116.32M | $118.55M | $120.78M | $123.01M | $119.73M |
| Total Liabilities | $1.50B | $1.69B | $1.93B | $2.15B | $1.88B | $2.18B | $2.10B | $2.34B | $1.90B | $1.93B |
| Stockholders' Equity | $520.37M | $505.25M | $437.25M | $383.30M | $329.00M | $290.80M | $279.34M | $255.33M | $234.94M | $220.28M |
| Retained Earnings | $319.73M | $283.25M | $216.57M | $166.15M | $118.13M | $87.66M | $67.36M | $59.21M | $40.34M | $26.12M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $24.86M | - | - | - | $837.0K | - | - | - | $4.31M | - |
| Investing Cash Flow | ($44.30M) | - | - | - | ($3.47M) | - | - | - | ($83.30M) | - |
| Financing Cash Flow | ($19.85M) | - | - | - | ($21.65M) | - | - | - | $3.11M | - |
| CapEx | $1.82M | - | - | - | $2.10M | - | - | - | $229.0K | - |
| Free Cash Flow | $23.05M | - | - | - | ($1.26M) | - | - | - | $4.08M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 23.9% | - | 33.0% | 31.2% | 20.1% | - | 5.5% | 13.6% | 11.9% | - |
| EBITDA margin | 24.6% | - | 33.4% | 31.7% | 20.4% | - | 5.9% | 13.9% | 13.0% | - |
| Net margin | 17.2% | - | 23.7% | 23.1% | 14.4% | - | 3.8% | 9.3% | 7.4% | - |
| Free cash flow margin | 10.8% | - | - | - | -0.6% | - | - | - | 2.1% | - |
| FCF / Net income | 0.63 | - | - | - | -0.04 | - | - | - | 0.29 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 11.7% | - | 10.5% | 11.7% | 11.3% | - | 10.2% | 11.2% | 10.3% | - |
| Effective tax rate | 25.6% | - | 26.2% | 23.8% | 23.8% | - | 9.4% | 24.1% | 28.4% | - |
| Return on assets | 1.8% | - | 2.1% | 1.9% | 1.4% | - | 0.3% | 0.7% | 0.7% | - |
| Return on equity | 7.0% | - | 11.5% | 12.5% | 9.3% | - | 2.9% | 7.4% | 6.1% | - |
| Return on invested capital | 6.3% | - | 10.0% | 10.4% | 7.6% | - | 2.7% | 5.6% | 4.5% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.15 | 0.16 | 0.18 | 0.24 | 0.29 | 0.40 | 0.42 | 0.47 | 0.52 | 0.54 |
| Debt / Assets | 0.04 | 0.04 | 0.03 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 |
| Debt / EBITDA | 1.48 | - | 1.12 | 1.40 | 2.20 | - | 9.53 | 4.26 | 4.93 | - |
| Interest coverage | 28.6x | - | 37.9x | 34.5x | 15.0x | - | 4.3x | 9.9x | 8.0x | - |
| Equity multiplier | 3.88 | 4.35 | 5.41 | 6.62 | 6.73 | 8.49 | 8.50 | 10.18 | 9.07 | 9.77 |
| Liabilities / Assets | 0.74 | 0.77 | 0.82 | 0.85 | 0.85 | 0.88 | 0.88 | 0.90 | 0.89 | 0.90 |
| Efficiency | ||||||||||
| Asset turnover | 0.11 | - | 0.09 | 0.08 | 0.10 | - | 0.09 | 0.08 | 0.09 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 22.1x | - | 15.4x | 16.1x | 14.6x | - | 45.3x | 11.6x | 22.7x | - |
| P / B | 1.6x | - | 1.8x | 2.0x | 1.3x | - | 1.3x | 0.9x | 1.4x | - |
| P / S | 3.8x | - | 3.7x | 3.7x | 2.1x | - | 1.8x | 1.1x | 1.7x | - |
| EV / EBITDA | 7.0x | - | 4.2x | 6.0x | 2.6x | - | -1.2x | -5.0x | 2.4x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 0.5% | - | 0.3% | 2.2% | 10.6% | - | 13.7% | 9.9% | 8.1% | - |
| Revenue CAGR (3y) | 6.3% | - | 8.7% | 8.3% | 10.1% | - | 8.2% | 10.7% | 9.1% | - |
| Revenue CAGR (5y) | 7.6% | - | 5.2% | 8.9% | 9.8% | - | 10.0% | 10.6% | 10.1% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 19.8% | - | 497.2% | 134.7% | 86.9% | - | - | 68.6% | 13.0% | - |
| Net income growth (YoY) | 19.7% | - | 518.5% | 154.5% | 114.2% | - | - | 142.6% | 1.5% | - |
| EPS growth (YoY) | 20.2% | - | 503.7% | 154.1% | 110.6% | - | - | 103.3% | -14.5% | - |
| EPS CAGR (3y) | 29.3% | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | 59.5% | 29.7% | - | -0.7% | 98.1% | 14.4% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | -72.6% | - |
| FCF CAGR (5y) | -9.9% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 58.2% | 73.7% | 56.5% | 50.1% | 40.0% | 32.0% | 84.5% | 59.0% | 51.8% | 68.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$847.33M totalReportable Segment$847.33M · 100.0%
Peer comparison
Same SIC group: Fire, Marine & Casualty Insurance
Comparing Heritage Insurance Holdings against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Jun 13, 2022 | $0.0600 |
| Mar 16, 2022 | $0.0600 |
| Dec 14, 2021 | $0.0600 |
| Sep 14, 2021 | $0.0600 |
| Jun 14, 2021 | $0.0600 |
| Mar 12, 2021 | $0.0600 |
| Dec 14, 2020 | $0.0600 |
| Sep 14, 2020 | $0.0600 |
| Jun 12, 2020 | $0.0600 |
| Mar 13, 2020 | $0.0600 |
| Dec 13, 2019 | $0.0600 |
| Sep 13, 2019 | $0.0600 |
| Jun 13, 2019 | $0.0600 |
| Mar 14, 2019 | $0.0600 |
| Dec 13, 2018 | $0.0600 |
| Sep 13, 2018 | $0.0600 |
| Jun 14, 2018 | $0.0600 |
| Mar 14, 2018 | $0.0600 |
| Nov 16, 2017 | $0.0600 |
| Sep 14, 2017 | $0.0600 |
| Jun 13, 2017 | $0.0600 |
| Mar 13, 2017 | $0.0600 |
| Dec 13, 2016 | $0.0600 |
| Sep 13, 2016 | $0.0600 |