HG Financial Statements

Balance sheet, income statement, cash flow, and dividends for Hamilton Insurance Group Ltd (HG).


$1.75B Market Cap.

As of 03/07/2024 5:00 PM ET (MRY) • Disclaimer

HG Market Cap. (MRY)


HG Shares Outstanding (MRY)


HG Assets (MRY)


Total Assets

$6.67B

Total Liabilities

$4.62B

Total Investments

$3.11B

HG Income (MRY)


Revenue

$1.57B

Net Income

$258.73M

Operating Expense

$579.79M

HG Cash Flow (MRY)


CF Operations

$283.15M

CF Investing

-$652.09M

CF Financing

$59.02M

HG Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2023

$0

0%

0%

0%

-

2022

$0

-

0%

0%

-

2021

$0

-

0%

0%

-

2020

$0

-

-

0%

-

HG Balance Sheet (MRY)


Metric

2023

2022

2021

2020

Total Assets

$6,671,355,000 (14.65%)

$5,818,965,000 (3.70%)

$5,611,607,000

-

Assets Current

-

-

-

-

Assets Non-Current

-

-

-

-

Goodwill & Intangible Assets

$90,996,000 (4.64%)

$86,958,000 (-25.68%)

$117,012,000

-

Shareholders Equity

$2,047,850,000 (23.05%)

$1,664,183,000 (-6.90%)

$1,787,445,000

-

Property Plant & Equipment Net

$0 (0%)

$0 (0%)

$0

-

Cash & Equivalents

$900,860,000 (-25.38%)

$1,207,203,000 (26.42%)

$954,928,000

-

Accumulated Other Comprehensive Income

-$4,441,000 (0.00%)

-$4,441,000 (0.00%)

-$4,441,000

-

Deferred Revenue

$911,222,000 (26.88%)

$718,188,000 (15.65%)

$620,994,000

-

Total Investments

$3,111,616,000 (36.10%)

$2,286,323,000 (-7.23%)

$2,464,622,000

-

Investments Current

-

-

-

-

Investments Non-Current

-

-

-

-

Inventory

$0 (0%)

$0 (0%)

$0

-

Trade & Non-Trade Receivables

$700,782,000 (33.98%)

$523,041,000 (-1.21%)

$529,434,000

-

Trade & Non-Trade Payables

$532,283,000 (23.65%)

$430,485,000 (-36.14%)

$674,116,000

-

Accumulated Retained Earnings (Deficit)

$801,373,000 (46.41%)

$547,352,000 (-19.70%)

$681,656,000

-

Tax Assets

$0 (0%)

$0 (0%)

$0

-

Tax Liabilities

$0 (0%)

$0 (0%)

$0

-

Total Debt

$149,830,000 (0.08%)

$149,715,000 (-0.11%)

$149,875,000

-

Debt Current

-

-

-

-

Debt Non-Current

-

-

-

-

Total Liabilities

$4,623,372,000 (11.28%)

$4,154,663,000 (8.65%)

$3,824,012,000

-

Liabilities Current

-

-

-

-

Liabilities Non-Current

-

-

-

-

HG Income Statement (MRY)


Metric

2023

2022

2021

2020

Revenues

$1,571,045,000 (27.41%)

$1,233,028,000 (-7.54%)

$1,333,535,000 (95.89%)

$680,744,000

Cost of Revenue

$714,603,000 (-5.77%)

$758,333,000 (18.39%)

$640,560,000 (26.78%)

$505,269,000

Selling General & Administrative Expense

$259,856,000 (46.25%)

$177,682,000 (3.13%)

$172,294,000 (15.04%)

$149,774,000

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0

Operating Expenses

$579,787,000 (19.35%)

$485,785,000 (16.81%)

$415,874,000 (25.80%)

$330,590,000

Interest Expense

$21,434,000 (36.17%)

$15,741,000 (5.67%)

$14,897,000 (-21.22%)

$18,910,000

Income Tax Expense

-$25,066,000 (-907.54%)

$3,104,000 (-74.90%)

$12,365,000 (7.60%)

$11,492,000

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0

Consolidated Income

$280,287,000 (1036.32%)

-$29,935,000 (-111.98%)

$249,839,000 (234.67%)

-$185,517,000

Net Income to Non-Controlling Interests

$21,560,000 (-68.32%)

$68,064,000 (10.39%)

$61,660,000 (147.33%)

$24,930,000

Net Income

$258,727,000 (364.01%)

-$97,999,000 (-152.08%)

$188,179,000 (189.42%)

-$210,447,000

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0

Net Income Common Stock

$258,727,000 (364.01%)

-$97,999,000 (-152.08%)

$188,179,000 (189.42%)

-$210,447,000

Weighted Average Shares

$117,081,771 (12.87%)

$103,735,103

-

-

Weighted Average Shares Diluted

-

-

-

-

Earning Before Interest & Taxes (EBIT)

$255,095,000 (422.28%)

-$79,154,000 (-136.74%)

$215,441,000 (219.66%)

-$180,045,000

Gross Profit

$856,442,000 (80.42%)

$474,695,000 (-31.50%)

$692,975,000 (294.91%)

$175,475,000

Operating Income

$276,655,000 (2594.63%)

-$11,090,000 (-104.00%)

$277,101,000 (278.64%)

-$155,115,000

HG Cash Flow Statement (MRY)


Metric

2023

2022

2021

2020

Net Cash Flow from Investing

-$652,088,000 (-589.92%)

$133,102,000 (-3.43%)

$137,824,000 (176.52%)

-$180,125,000

Net Cash Flow from Financing

$59,016,000

-

-

-

Net Cash Flow from Operations

$283,155,000 (48.31%)

$190,927,000 (-15.72%)

$226,529,000 (8321.15%)

$2,690,000

Net Cash Flow / Change in Cash & Cash Equivalents

-$306,343,000

-

-

-

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0

Net Cash Flow - Investment Acquisitions and Disposals

-$636,150,000 (-533.66%)

$146,693,000 (-4.41%)

$153,468,000 (195.65%)

-$160,448,000

Capital Expenditure

$0 (0%)

$0 (0%)

$0 (0%)

$0

Issuance (Repayment) of Debt Securities

$0

-

-

-

Issuance (Purchase) of Equity Shares

$80,562,000

-

-

-

Payment of Dividends & Other Cash Distributions

$0

-

-

-

Effect of Exchange Rate Changes on Cash

$3,574,000

-

-

-

Share Based Compensation

$44,378,000 (311.52%)

$10,784,000 (21.40%)

$8,883,000 (23.93%)

$7,168,000

Depreciation Amortization & Accretion

$12,410,000 (-17.23%)

$14,994,000 (7.89%)

$13,898,000 (-0.63%)

$13,986,000

HG Financial Metrics (MRY)


Metric

2023

2022

2021

2020

Gross Margin

54.50% (41.56%)

38.50% (-25.96%)

52.00% (101.55%)

25.80%

Profit Margin

16.50% (308.86%)

-7.90% (-156.03%)

14.10% (145.63%)

-30.90%

EBITDA Margin

17.00% (426.92%)

-5.20% (-130.23%)

17.20% (170.49%)

-24.40%

Return on Average Equity (ROAE)

13.90%

-

-

-

Return on Average Assets (ROAA)

4.10%

-

-

-

Return on Sales (ROS)

16.20% (353.13%)

-6.40% (-139.51%)

16.20% (161.36%)

-26.40%

Return on Invested Capital (ROIC)

4.90%

-

-

-

Dividend Yield

0%

-

-

-

Price to Earnings Ratio (P/E)

6.05

-

-

-

Price to Sales Ratio (P/S)

1.11

-

-

-

Price to Book Ratio (P/B)

0.85

-

-

-

Debt to Equity Ratio (D/E)

2.26 (-9.57%)

2.5 (16.74%)

2.14

-

Earnings Per Share (EPS)

2.47 (360.00%)

-0.95 (-151.91%)

1.83 (189.27%)

-2.05

Sales Per Share (SPS)

13.42 (12.89%)

11.89

-

-

Free Cash Flow Per Share (FCFPS)

2.42 (31.34%)

1.84

-

-

Book Value Per Share (BVPS)

17.49 (9.03%)

16.04

-

-

Tangible Assets Book Value Per Share (TABVPS)

56.2 (1.71%)

55.26

-

-

Enterprise Value Over EBIT (EV/EBIT)

4

-

-

-

Enterprise Value Over EBITDA (EV/EBITDA)

3.73

-

-

-

Asset Turnover

0.25

-

-

-

Current Ratio

-

-

-

-

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0

Free Cash Flow (FCF)

$283,155,000 (48.31%)

$190,927,000 (-15.72%)

$226,529,000 (8321.15%)

$2,690,000

Enterprise Value (EV)

$996,646,476

-

-

-

Earnings Before Tax (EBT)

$233,661,000 (346.23%)

-$94,895,000 (-147.32%)

$200,544,000 (200.80%)

-$198,955,000

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$267,505,000 (516.93%)

-$64,160,000 (-127.98%)

$229,339,000 (238.11%)

-$166,059,000

Invested Capital

$5,829,329,000 (24.70%)

$4,674,519,000 (-0.32%)

$4,689,542,000

-

Working Capital

-

-

-

-

Tangible Asset Value

$6,580,359,000 (14.80%)

$5,732,007,000 (4.32%)

$5,494,595,000

-

Market Capitalization

$1,750,372,476

-

-

-

Average Equity

$1,856,016,500

-

-

-

Average Assets

$6,245,160,000

-

-

-

Invested Capital Average

$5,251,924,000

-

-

-

Shares

117,081,771 (12.87%)

103,735,103

-

-