Hartford Insurance (HIG) Restructuring Costs (2020 - 2024)
Hartford Insurance (HIG) recorded quarterly Restructuring Costs of $1.0 million in Q3 2024, little changed quarter-over-quarter from $1.0 million in Q1 2024, and little changed on a YoY basis from $1.0 million in Q4 2023.
Hartford Insurance (HIG) Restructuring Costs (2020 - 2024) Analysis & Trends
Hartford Insurance's Restructuring Costs history runs 5 years deep, the most recent figure standing at $1.0 million for Q3 2024.
- In Q3 2024, Restructuring Costs changed 0.0% year-over-year to $1.0 million; the TTM figure through Jun 2025 stood at $1.0 million (down 75.0% YoY), while the FY2024 annual figure was $2.0 million, down 66.67% from the prior year.
- Restructuring Costs was $1.0 million for Q3 2024 at Hartford Insurance, roughly flat from $1.0 million in the prior quarter.
- In the past five years, Restructuring Costs ranged from a high of $87.0 million in Q3 2020 to a low of -$12.0 million in Q3 2021.
- Historically, Restructuring Costs has averaged $9.0 million across 5 years, with a median of $2.5 million in 2021.
- The sharpest annual moves came in 2021 and 2022: Restructuring Costs slumped 113.79% in 2021, then soared 125.0% in 2022.
- A 5-year view of Restructuring Costs shows it stood at $17.0 million in 2020, then sank by 88.24% to $2.0 million in 2021, then surged by 50.0% to $3.0 million in 2022, then sank by 33.33% to $2.0 million in 2023, then tumbled by 50.0% to $1.0 million in 2024.
- The last three Restructuring Costs figures came in at $1.0 million (Q3 2024), $1.0 million (Q1 2024), and $2.0 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | American International | 40.43 Bn | 1.60 Bn | 2.60 Bn |
| 2 | Hartford Insurance | 36.16 Bn | 27.10 Bn | 2.15 Bn |
| 3 | Arch Capital | 32.70 Bn | 31.79 Bn | 4.02 Bn |
| 4 | Brookfield Wealth Solutions | 10.23 Bn | -2.93 Bn | 4.62 Bn |
| 5 | FIHL | 2.04 Bn | 2.04 Bn | - |
| 6 | International General Insurance Holdings | 1.03 Bn | 811.79 Mn | 111.10 Mn |
| 7 | Waterdrop | 647.36 Mn | 576.02 Mn | 129.34 Mn |
| 8 | Sun Life Financial | 47.53 Mn | -8.02 Bn | - |
| 9 | Exzeo | 1.18 Mn | -230.20 Mn | 32.74 Mn |
| 10 | Aegon | 5,075.42 | 5,075.42 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 1.00 Mn |
| Mar 31, 2024 | 1.00 Mn |
| Dec 31, 2023 | 2.00 Mn |
| Sep 30, 2023 | 1.00 Mn |
| Jun 30, 2023 | 3.00 Mn |
| Dec 31, 2022 | 3.00 Mn |
| Sep 30, 2022 | 3.00 Mn |
| Jun 30, 2022 | 2.00 Mn |
| Mar 31, 2022 | 5.00 Mn |
| Dec 31, 2021 | 2.00 Mn |
| Sep 30, 2021 | -12.00 Mn |
| Mar 31, 2021 | 11.00 Mn |
| Dec 31, 2020 | 17.00 Mn |
| Sep 30, 2020 | 87.00 Mn |