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HG Financials Hamilton Insurance Group, Ltd.

5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 21.5% per year over the past 4 years.
  • Net income has grown faster than revenue (35.4% vs 21.5% per year).

Financial health

  • The company holds more cash ($1.1B) than total debt ($150M).
  • Total debt has grown slower than revenue (0.0% vs 21.5% per year).
Revenue & net income
-$30M $1B $3B $0 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-2% 13% 29% 0% 2021 2022 2023 2024 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-2% 14% 30% 0% 2021 2022 2023 2024 2025
ROEROA
Free cash flow (CFO − capex)
$0 $1 $1 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $538M $1B 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$652M $95M $842M $0 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $2.9B $840M 0.0% 0.0% 29.8% 8.8% — $150M $1.1B
2024 $2.3B $613M 0.0% 0.0% 26.3% 7.9% — $150M $996M
2023 $1.6B $280M 0.0% 0.0% 13.7% 4.2% — $150M $795M
2022 $1.2B -$30M 0.0% 0.0% -1.8% -0.5% — $150M $1.1B
2021 $1.3B $250M 0.0% 0.0% 14.0% — — — —

Valuation over time

How the market has priced HG against its own fundamentals since 2023-11 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 2.3 4.6 Nov '23 Apr '24 Sep '24 Feb '25 Jul '25 Dec '25 May '26 Oct '26
P/E
Price / sales (P/S)
0.0 0.4 0.8 Nov '23 Apr '24 Sep '24 Feb '25 Jul '25 Dec '25 May '26 Oct '26
P/S

Frequently asked questions

Is HG growing its revenue and profit?

Over the past 4 years, Hamilton Insurance Group, Ltd.'s revenue has grown 21.5% per year, and net income grown 35.4% per year. These are computed facts, not advice.

How much debt does HG have?

As of FY2025, Hamilton Insurance Group, Ltd. reported $150M of total debt against $1.1B of cash.

What is HG's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin 28.9%.

What is HG's P/E ratio?

Hamilton Insurance Group, Ltd.'s P/E (TTM) is 2.77 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the HG stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 2.8× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.