Hamilton Insurance Group, Ltd. financial statements
Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Hamilton Insurance Group, Ltd. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2021
FY2023
FY2023
FY2024
FY2025
Revenue
1,334
1,233
1,571
2,330
2,906
Selling, general and administrative
172
178
260
271
279
General and administrative
22.5
20.1
76.7
61.1
57.2
Interest expense
14.9
15.7
21.4
22.6
20.2
Interest income
15.1
34.2
78.5
114
144
Pre-tax income
262
-26.8
255
622
825
Income tax
12.4
3.1
-25.1
8.4
-15.1
Net income
250
-29.9
280
613
840
EPS, basic
1.83
-0.95
2.47
3.81
5.75
EPS, diluted
1.82
-0.95
2.44
3.67
5.55
Shares, basic (weighted)
103
103
105
105
100
Shares, diluted (weighted)
104
103
106
109
104
Balance sheet
FY2021
FY2023
FY2023
FY2024
FY2025
Cash and equivalents
955
1,076
795
996
1,062
Lease right-of-use assets
7.8
6.9
9.1
6.7
Goodwill
24.9
0
0
0
Intangible assets
54.9
87
91
93.1
86.6
Total assets
5,819
6,671
7,796
9,572
Total liabilities
4,155
4,623
5,467
6,749
Total debt
150
150
150
150
Paid-in capital
1,120
1,250
1,164
1,135
Retained earnings
547
801
1,169
1,691
Other comprehensive income
-4.44
-4.44
-4.44
-4.44
Shareholders' equity
1,787
1,664
2,048
2,329
2,822
Total equity
1,787
1,664
2,048
2,329
2,822
Total liabilities and equity
5,819
6,671
7,796
9,572
Shares outstanding
103
103
110
101
99
Cash flow statement
FY2021
FY2023
FY2023
FY2024
FY2025
Net income
250
-29.9
280
613
840
Depreciation and amortization
13.9
15
12.4
16.5
15.9
Stock-based compensation
8.88
10.8
44.4
30.4
29.3
Deferred income tax
1.17
-1.27
-36.1
-1.51
-29.2
Change in payables
61.1
-36.1
55.3
92.5
14.9
Cash from operations
227
191
283
759
842
Purchases of investments
-2,036
-1,552
-1,506
-1,832
-1,100
Cash from investing
138
133
-652
-184
-414
Stock issued
0.01
0.01
0.07
0.03
0.03
Share buybacks
-7.38
-1.52
-2.44
-150
-113
Cash from financing
-68
-69.6
59
-363
-376
Exchange rate effect
-1.51
-11.3
3.57
-12.5
19.1
Net change in cash
295
243
-306
200
71.2
Interest paid
11.8
15.7
21.6
22.4
21.7
Income taxes paid
12.3
9.97
4.21
10.7
16.5
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $33.29 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Pre-tax margin
28.3%
Pre-tax income / revenue.
Net margin
28.8%
Net income / revenue.
Operating cash flow margin
27.2%
Cash from operations / revenue.
Effective tax rate
-1.9%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
30.3%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
8.4%
Net income / average total assets.
SG&A / revenue
9.2%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
0.9%
Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue
0.5%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
24.7%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
33.1%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y
37.0%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
51.2%
EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
10.9%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y
64.0%
Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y
21.2%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
19.2%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
22.8%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
18.0%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y
-4.8%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
0.3%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Debt / equity
0.05x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
1.5%
Total debt / total assets.
Liabilities / assets
71.5%
Total liabilities / total assets.
Net debt
-$567.5M
Total debt - cash - short-term investments. Negative means more cash than debt.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$29.62
Revenue / diluted weighted shares.
Operating cash flow per share
$8.06
Cash from operations / diluted weighted shares.
Book value per share
$28.91
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
3.21x
Market cap / net income. Only when net income is positive.
P/S
0.93x
Market cap / revenue.
P/B
0.97x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
1.00x
Market cap / tangible book value, when positive.
P/OCF
3.40x
Market cap / cash from operations, when positive.
EV/Sales
0.74x
Enterprise value / revenue.
Earnings yield
31.1%
Net income / market cap (the inverse of P/E).
Shareholder yield
4.2%
(Dividends paid + share buybacks) / market cap.
What was Hamilton Insurance Group, Ltd.'s revenue in fiscal 2025?
Hamilton Insurance Group, Ltd. reported revenue of $2.91B for fiscal 2025, 24.7% higher than the year before.
Was Hamilton Insurance Group, Ltd. profitable in fiscal 2025?
Yes. Net income was $840.0M, a net margin of 28.9%.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.