Hartford Historical Income Statement

HIG Stock  USD 95.30  3.79  3.82%   
Historical analysis of Hartford Financial income statement accounts such as Total Revenue of 21.5 B or Gross Profit of 18.5 B can show how well Hartford Financial Services performed in making a profits. Evaluating Hartford Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hartford Financial's future profits or losses.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Hartford Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hartford Financial is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Financial Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

About Hartford Income Statement Analysis

Hartford Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Hartford Financial shareholders. The income statement also shows Hartford investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Hartford Financial Income Statement Chart

Hartford Financial Services Income Statement is one of the three primary financial statements used for reporting Hartford's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hartford Financial revenue and expense. Hartford Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Hartford Financial's Income Before Tax is most likely to increase significantly in the upcoming years. The Hartford Financial's current Total Other Income Expense Net is estimated to increase to about 3.2 B, while Total Revenue is projected to decrease to roughly 21.5 B.

Total Revenue

Total revenue comprises all receipts Hartford Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Hartford Financial Services minus its cost of goods sold. It is profit before Hartford Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Hartford Financial. It is also known as Hartford Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Hartford Financial income statement and represents the costs associated with goods and services Hartford Financial provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Hartford Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hartford Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Financial Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Hartford Financial's Income Before Tax is most likely to increase significantly in the upcoming years. The Hartford Financial's current Total Other Income Expense Net is estimated to increase to about 3.2 B, while Total Revenue is projected to decrease to roughly 21.5 B.
 2021 2022 2023 2024 (projected)
Gross Profit17.6B17.5B24.5B18.5B
Total Revenue22.4B22.4B24.5B21.5B

Hartford Financial income statement Correlations

0.60.170.21-0.19-0.25-0.48-0.370.81-0.480.14-0.22-0.31-0.33-0.18-0.06-0.49-0.08-0.180.23-0.050.31-0.320.35
0.60.50.230.4-0.49-0.11-0.030.73-0.82-0.48-0.28-0.53-0.680.2-0.43-0.680.07-0.160.36-0.170.47-0.460.13
0.170.50.9-0.020.23-0.08-0.060.12-0.35-0.090.22-0.34-0.54-0.19-0.46-0.160.290.290.01-0.01-0.290.3-0.12
0.210.230.9-0.330.33-0.25-0.230.07-0.120.290.32-0.27-0.3-0.39-0.370.020.330.360.050.0-0.370.380.0
-0.190.4-0.02-0.33-0.560.460.440.12-0.62-0.87-0.4-0.47-0.050.91-0.37-0.430.04-0.130.28-0.250.57-0.59-0.12
-0.25-0.490.230.33-0.560.230.22-0.630.670.350.740.4-0.07-0.540.460.660.170.56-0.720.08-0.910.91-0.29
-0.48-0.11-0.08-0.250.460.230.99-0.450.25-0.550.55-0.07-0.080.470.210.520.530.57-0.12-0.45-0.120.11-0.33
-0.37-0.03-0.06-0.230.440.220.99-0.370.21-0.550.57-0.11-0.130.450.220.490.550.59-0.1-0.48-0.090.08-0.31
0.810.730.120.070.12-0.63-0.45-0.37-0.72-0.1-0.48-0.45-0.330.04-0.44-0.7-0.05-0.360.49-0.160.67-0.670.32
-0.48-0.82-0.35-0.12-0.620.670.250.21-0.720.530.630.660.35-0.450.640.880.10.34-0.40.16-0.650.66-0.19
0.14-0.48-0.090.29-0.870.35-0.55-0.55-0.10.530.270.20.44-0.790.120.290.060.150.030.12-0.290.320.22
-0.22-0.280.220.32-0.40.740.550.57-0.480.630.270.05-0.09-0.390.280.80.720.89-0.24-0.4-0.590.6-0.16
-0.31-0.53-0.34-0.27-0.470.4-0.07-0.11-0.450.660.20.05-0.06-0.320.690.46-0.58-0.37-0.630.7-0.590.59-0.15
-0.33-0.68-0.54-0.3-0.05-0.07-0.08-0.13-0.330.350.44-0.09-0.060.05-0.020.140.030.040.3-0.040.18-0.16-0.02
-0.180.2-0.19-0.390.91-0.540.470.450.04-0.45-0.79-0.39-0.320.05-0.13-0.23-0.02-0.170.22-0.190.52-0.560.03
-0.06-0.43-0.46-0.37-0.370.460.210.22-0.440.640.120.280.69-0.02-0.130.53-0.29-0.03-0.570.31-0.520.49-0.05
-0.49-0.68-0.160.02-0.430.660.520.49-0.70.880.290.80.460.14-0.230.530.390.58-0.38-0.09-0.630.63-0.07
-0.080.070.290.330.040.170.530.55-0.050.10.060.72-0.580.03-0.02-0.290.390.890.35-0.810.04-0.030.0
-0.18-0.160.290.36-0.130.560.570.59-0.360.340.150.89-0.370.04-0.17-0.030.580.89-0.03-0.68-0.330.33-0.09
0.230.360.010.050.28-0.72-0.12-0.10.49-0.40.03-0.24-0.630.30.22-0.57-0.380.35-0.03-0.30.76-0.710.15
-0.05-0.17-0.010.0-0.250.08-0.45-0.48-0.160.160.12-0.40.7-0.04-0.190.31-0.09-0.81-0.68-0.3-0.340.36-0.03
0.310.47-0.29-0.370.57-0.91-0.12-0.090.67-0.65-0.29-0.59-0.590.180.52-0.52-0.630.04-0.330.76-0.34-0.990.27
-0.32-0.460.30.38-0.590.910.110.08-0.670.660.320.60.59-0.16-0.560.490.63-0.030.33-0.710.36-0.99-0.28
0.350.13-0.120.0-0.12-0.29-0.33-0.310.32-0.190.22-0.16-0.15-0.020.03-0.05-0.070.0-0.090.15-0.030.27-0.28
Click cells to compare fundamentals

Hartford Financial Account Relationship Matchups

Hartford Financial income statement Accounts

201920202021202220232024 (projected)
Interest Expense259M236M234M213M199M248.8M
Total Revenue20.7B20.5B22.4B22.4B24.5B21.5B
Gross Profit16.2B16.0B17.6B17.5B24.5B18.5B
Other Operating Expenses18.2B18.4B19.5B20.1B(21.2B)(20.2B)
Operating Income2.4B2.0B2.8B3.0B3.3B3.5B
Ebit2.4B2.0B2.8B3.0B(744M)(706.8M)
Ebitda2.5B2.1B2.9B3.1B(234M)(222.3M)
Total Operating Expenses(18.4B)(18.5B)(19.6B)(14.5B)2.1B2.0B
Income Before Tax2.6B2.1B2.9B2.3B3.1B3.2B
Total Other Income Expense Net170M126M81M(767M)3.1B3.2B
Net Income2.1B1.7B2.4B1.8B2.5B2.6B
Income Tax Expense475M383M531M443M584M613.2M
Cost Of Revenue4.6B4.5B4.8B4.8B4.3B4.8B
Net Income Applicable To Common Shares2.1B1.7B2.3B1.8B1.6B975.1M
Net Income From Continuing Ops1.5B2.1B1.7B1.8B2.3B1.4B
Extraordinary Items(3.7B)361M0.06M5.4M5.7M
Tax Provision268M475M383M443M548M450.0M
Interest Income259M236M234M213M191.7M222.9M
Net Interest Income(298M)(259M)(236M)(213M)(200M)(210M)
Reconciled Depreciation451M562M72M71M517M290.2M

Hartford Financial Investors Sentiment

The influence of Hartford Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hartford. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Hartford Financial's public news can be used to forecast risks associated with an investment in Hartford. The trend in average sentiment can be used to explain how an investor holding Hartford can time the market purely based on public headlines and social activities around Hartford Financial Services. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hartford Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hartford Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hartford Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hartford Financial.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hartford Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hartford Financial's short interest history, or implied volatility extrapolated from Hartford Financial options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Hartford Financial is a strong investment it is important to analyze Hartford Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hartford Financial's future performance. For an informed investment choice regarding Hartford Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Financial Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Hartford Stock analysis

When running Hartford Financial's price analysis, check to measure Hartford Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hartford Financial is operating at the current time. Most of Hartford Financial's value examination focuses on studying past and present price action to predict the probability of Hartford Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hartford Financial's price. Additionally, you may evaluate how the addition of Hartford Financial to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Is Hartford Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hartford Financial. If investors know Hartford will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hartford Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.374
Dividend Share
1.745
Earnings Share
7.97
Revenue Per Share
79.951
Quarterly Revenue Growth
0.064
The market value of Hartford Financial is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Financial's value that differs from its market value or its book value, called intrinsic value, which is Hartford Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hartford Financial's market value can be influenced by many factors that don't directly affect Hartford Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hartford Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.