Hartford Financial Services Group (HIG) - Net Assets
Based on the latest financial reports, Hartford Financial Services Group (HIG) has net assets worth $18.89 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($86.32 Billion) and total liabilities ($67.43 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is Hartford Financial Services Group's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $18.89 Billion |
| % of Total Assets | 21.88% |
| Annual Growth Rate | 4.76% |
| 5-Year Change | 6.37% |
| 10-Year Change | 12.28% |
| Growth Volatility | 24.29 |
Hartford Financial Services Group - Net Assets Trend (1995–2025)
This chart illustrates how Hartford Financial Services Group's net assets have evolved over time, based on quarterly financial data. See Hartford Financial Services Group liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hartford Financial Services Group (1995–2025)
The table below shows the annual net assets of Hartford Financial Services Group from 1995 to 2025. For live valuation and market cap data, see market cap of Hartford Financial Services Group.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $18.98 Billion | +15.39% |
| 2024-12-31 | $16.45 Billion | +7.31% |
| 2023-12-31 | $15.33 Billion | +12.44% |
| 2022-12-31 | $13.63 Billion | -23.61% |
| 2021-12-31 | $17.84 Billion | -3.84% |
| 2020-12-31 | $18.56 Billion | +14.05% |
| 2019-12-31 | $16.27 Billion | +24.19% |
| 2018-12-31 | $13.10 Billion | -2.91% |
| 2017-12-31 | $13.49 Billion | -20.17% |
| 2016-12-31 | $16.90 Billion | -4.19% |
| 2015-12-31 | $17.64 Billion | -5.76% |
| 2014-12-31 | $18.72 Billion | -0.98% |
| 2013-12-31 | $18.91 Billion | -15.78% |
| 2012-12-31 | $22.45 Billion | +4.47% |
| 2011-12-31 | $21.49 Billion | +5.79% |
| 2010-12-31 | $20.31 Billion | +75.76% |
| 2009-12-31 | $11.56 Billion | +52.47% |
| 2008-12-31 | $7.58 Billion | -60.53% |
| 2007-12-31 | $19.20 Billion | +1.74% |
| 2006-12-31 | $18.88 Billion | +23.17% |
| 2005-12-31 | $15.32 Billion | +7.63% |
| 2004-12-31 | $14.24 Billion | +22.33% |
| 2003-12-31 | $11.64 Billion | +8.43% |
| 2002-12-31 | $10.73 Billion | +19.09% |
| 2001-12-31 | $9.01 Billion | +20.75% |
| 2000-12-31 | $7.46 Billion | +26.62% |
| 1999-12-31 | $5.89 Billion | -14.42% |
| 1998-12-31 | $6.89 Billion | +6.26% |
| 1997-12-31 | $6.48 Billion | +43.41% |
| 1996-12-31 | $4.52 Billion | -3.87% |
| 1995-12-31 | $4.70 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hartford Financial Services Group's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 782.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $24.74 Billion | 130.35% |
| Common Stock | $3.00 Million | 0.02% |
| Other Comprehensive Income | $-2.06 Billion | -10.84% |
| Total Equity | $18.98 Billion | 100.00% |
Hartford Financial Services Group Competitors by Market Cap
The table below lists competitors of Hartford Financial Services Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chunghwa Telecom Co
TW:2412
|
$35.19 Billion |
|
Paychex Inc
NASDAQ:PAYX
|
$35.20 Billion |
|
PG&E Corp
NYSE:PCG
|
$35.39 Billion |
|
Shenzhen Longsys Electronics Co. Ltd. A
SHE:301308
|
$35.44 Billion |
|
Aena SA
MC:AENA
|
$35.13 Billion |
|
UNIV.MUSIC GRP.ADR/050
F:0VD0
|
$35.12 Billion |
|
Swiss Re AG
SW:SREN
|
$34.98 Billion |
|
Waters Corporation
NYSE:WAT
|
$34.90 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hartford Financial Services Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,447,000,000 to 18,979,000,000, a change of 2,532,000,000 (15.4%).
- Net income of 3,836,000,000 contributed positively to equity growth.
- Dividend payments of 613,000,000 reduced retained earnings.
- Share repurchases of 1,615,000,000 reduced equity.
- Other comprehensive income increased equity by 829,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.84 Billion | +20.21% |
| Dividends Paid | $613.00 Million | -3.23% |
| Share Repurchases | $1.61 Billion | -8.51% |
| Other Comprehensive Income | $829.00 Million | +4.37% |
| Other Changes | $95.00 Million | +0.5% |
| Total Change | $- | 15.39% |
Book Value vs Market Value Analysis
This analysis compares Hartford Financial Services Group's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.94x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.41x to 1.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $20.02 | $128.25 | x |
| 1996-12-31 | $19.27 | $128.25 | x |
| 1997-12-31 | $25.48 | $128.25 | x |
| 1998-12-31 | $27.19 | $128.25 | x |
| 1999-12-31 | $24.03 | $128.25 | x |
| 2000-12-31 | $33.26 | $128.25 | x |
| 2001-12-31 | $37.34 | $128.25 | x |
| 2002-12-31 | $42.63 | $128.25 | x |
| 2003-12-31 | $42.73 | $128.25 | x |
| 2004-12-31 | $47.94 | $128.25 | x |
| 2005-12-31 | $50.15 | $128.25 | x |
| 2006-12-31 | $59.75 | $128.25 | x |
| 2007-12-31 | $60.18 | $128.25 | x |
| 2008-12-31 | $30.01 | $128.25 | x |
| 2009-12-31 | $49.38 | $128.25 | x |
| 2010-12-31 | $42.18 | $128.25 | x |
| 2011-12-31 | $44.95 | $128.25 | x |
| 2012-12-31 | $46.11 | $128.25 | x |
| 2013-12-31 | $38.53 | $128.25 | x |
| 2014-12-31 | $40.68 | $128.25 | x |
| 2015-12-31 | $41.49 | $128.25 | x |
| 2016-12-31 | $42.81 | $128.25 | x |
| 2017-12-31 | $36.42 | $128.25 | x |
| 2018-12-31 | $35.98 | $128.25 | x |
| 2019-12-31 | $44.59 | $128.25 | x |
| 2020-12-31 | $51.46 | $128.25 | x |
| 2021-12-31 | $50.39 | $128.25 | x |
| 2022-12-31 | $41.37 | $128.25 | x |
| 2023-12-31 | $49.20 | $128.25 | x |
| 2024-12-31 | $55.08 | $128.25 | x |
| 2025-12-31 | $66.24 | $128.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hartford Financial Services Group utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.21%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.57%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 4.53x
- Recent ROE (20.21%) is above the historical average (7.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 11.95% | 4.63% | 0.13x | 19.96x | $91.80 Million |
| 1996 | -2.19% | -0.79% | 0.12x | 24.08x | $-551.00 Million |
| 1997 | 21.89% | 9.63% | 0.10x | 21.65x | $723.50 Million |
| 1998 | 15.80% | 6.76% | 0.10x | 23.45x | $372.70 Million |
| 1999 | 15.77% | 6.37% | 0.08x | 30.56x | $315.40 Million |
| 2000 | 13.05% | 6.62% | 0.09x | 22.98x | $227.60 Million |
| 2001 | 5.63% | 3.17% | 0.09x | 20.11x | $-394.30 Million |
| 2002 | 9.32% | 6.09% | 0.09x | 16.96x | $-73.40 Million |
| 2003 | -0.78% | -0.49% | 0.08x | 19.40x | $-1.25 Billion |
| 2004 | 14.85% | 9.31% | 0.09x | 18.24x | $691.20 Million |
| 2005 | 14.84% | 8.40% | 0.09x | 18.63x | $741.50 Million |
| 2006 | 14.54% | 10.36% | 0.08x | 17.31x | $857.40 Million |
| 2007 | 15.36% | 11.38% | 0.07x | 18.76x | $1.03 Billion |
| 2008 | -29.66% | -29.82% | 0.04x | 26.75x | $-3.68 Billion |
| 2009 | -4.97% | -3.59% | 0.09x | 14.82x | $-2.67 Billion |
| 2010 | 8.05% | 7.42% | 0.07x | 15.67x | $-395.10 Million |
| 2011 | 3.31% | 3.28% | 0.07x | 14.08x | $-1.44 Billion |
| 2012 | -0.17% | -0.17% | 0.07x | 13.30x | $-2.28 Billion |
| 2013 | 0.93% | 0.85% | 0.07x | 14.70x | $-1.71 Billion |
| 2014 | 4.26% | 4.29% | 0.08x | 13.09x | $-1.07 Billion |
| 2015 | 9.53% | 10.51% | 0.07x | 12.94x | $-82.20 Million |
| 2016 | 5.30% | 5.50% | 0.07x | 13.22x | $-794.30 Million |
| 2017 | -23.20% | -18.24% | 0.08x | 16.69x | $-4.48 Billion |
| 2018 | 13.79% | 9.64% | 0.30x | 4.76x | $496.90 Million |
| 2019 | 12.81% | 10.17% | 0.29x | 4.35x | $458.00 Million |
| 2020 | 9.36% | 8.55% | 0.27x | 3.99x | $-118.60 Million |
| 2021 | 13.29% | 10.95% | 0.28x | 4.29x | $586.70 Million |
| 2022 | 13.34% | 8.32% | 0.30x | 5.36x | $455.90 Million |
| 2023 | 16.34% | 10.29% | 0.35x | 4.57x | $971.30 Million |
| 2024 | 18.92% | 11.79% | 0.33x | 4.92x | $1.47 Billion |
| 2025 | 20.21% | 13.57% | 0.33x | 4.53x | $1.94 Billion |
Industry Comparison
This section compares Hartford Financial Services Group's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $51,859,698,444
- Average return on equity (ROE) among peers: -10.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hartford Financial Services Group (HIG) | $18.89 Billion | 11.95% | 3.57x | $35.16 Billion |
| Arch Capital Group Ltd. (ACGL) | $12.92 Billion | 11.42% | 2.71x | $31.86 Billion |
| American International Group Inc (AIG) | $62.73 Billion | -158.29% | 12.72x | $39.19 Billion |
| Brookfield Wealth Solutions Ltd. (BNT) | $1.44 Billion | -7.80% | 7.01x | $2.67 Billion |
| Berkshire Hathaway Inc (BRK-A) | $31.91 Billion | 5.96% | 0.76x | $370.98 Billion |
| Berkshire Hathaway Inc (BRK-B) | $351.95 Billion | 12.77% | 0.99x | $684.42 Billion |
| Enstar Group Limited (ESGR) | $2.90 Billion | 7.38% | 2.43x | $5.04 Billion |
| FG Financial Group (FGF) | $62.75 Million | 1.28% | 1.36x | $6.32 Million |
| Fidelis Insurance Holdings Limited (FIHL) | $2.40 Billion | 9.40% | 2.90x | $1.79 Billion |
| International General Insurance Holdings Ltd (IGIC) | $429.80 Million | 20.76% | 2.63x | $1.06 Billion |
About Hartford Financial Services Group
The Hartford Insurance Group, Inc., together with its subsidiaries, provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. It operates through Business Insurance, Personal Insurance, Property & Casualty Other Operations, Employee Benefits and Hartford Funds. The company offers insurance coverage, including work… Read more