Hartford Insurance (HIG) Restructuring Costs (2020 - 2024)
Hartford Insurance (HIG) posted Restructuring Costs of $1.0 million for Q3 2024, little changed on a QoQ basis from $1.0 million in Q1 2024, and little changed year-over-year from $1.0 million in Q4 2023.
Analysis
Hartford Insurance (HIG) Restructuring Costs (2020 - 2024) Analysis & Trends
Hartford Insurance has reported Restructuring Costs for 5 years, with the latest figure at $1.0 million in Q3 2024.
- On a quarterly basis, Restructuring Costs changed 0.0% year-over-year to $1.0 million in Q3 2024; TTM through Jun 2025 was $1.0 million, a 75.0% decrease from a year earlier, with the FY2024 full-year figure at $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.
- The five-year high for Restructuring Costs was $87.0 million in Q3 2020, with the low at -$12.0 million in Q3 2021.
- Average Restructuring Costs over 5 years is $9.0 million, with a median of $2.5 million recorded in 2021.
- The sharpest annual moves came in 2021 and 2022: Restructuring Costs sank 113.79% in 2021, then jumped 125.0% in 2022.
- Over 5 years, Restructuring Costs stood at $17.0 million in 2020, then plunged by 88.24% to $2.0 million in 2021, then soared by 50.0% to $3.0 million in 2022, then plunged by 33.33% to $2.0 million in 2023, then slumped 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 130.80 Bn | 117.03 Bn | 9.13 Bn |
| 2 | Progressive | 125.46 Bn | 120.46 Bn | 9.04 Bn |
| 3 | Travelers Companies | 77.32 Bn | 53.56 Bn | 6.23 Bn |
| 4 | Allstate | 64.90 Bn | 26.17 Bn | 16.28 Bn |
| 5 | Aflac | 57.86 Bn | -45.14 Bn | 2.27 Bn |
| 6 | American International | 39.73 Bn | 1.91 Bn | 3.50 Bn |
| 7 | Hartford Insurance | 37.33 Bn | 21.02 Bn | 3.18 Bn |
| 8 | Cincinnati Financial | 26.05 Bn | 24.15 Bn | 2.39 Bn |
| 9 | Markel | 22.39 Bn | 5.50 Bn | 2.83 Bn |
| 10 | Loews | 22.29 Bn | -5.33 Mn | 2.57 Bn |
Historic Data
Download Data
Historic 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 |