Heritage Insurance Holdings (HRTG) Depreciation and Depletion (2016 - 2024)
Heritage Insurance Holdings (HRTG) posted Depreciation and Depletion of $1.3 million for the quarter ended Dec 31, 2024, up 116.7% from $600,000 a year earlier and up 86.8% from the prior quarter.
Heritage Insurance Holdings (HRTG) Depreciation and Depletion (2016 - 2024) Analysis & Trends
For the year ended Dec 31, 2024, Heritage Insurance Holdings' Depreciation and Depletion came in at $3.4 million, up 41.7% from the prior year.
- Annual Depreciation and Depletion shows a five-year compound annual growth rate of 9.1% (years ended Dec 2019 to Dec 2024).
- In prior years, Heritage Insurance Holdings' Depreciation and Depletion was $2.4 million in the year ended Dec 31, 2023 (+20.0%), $2 million in the year ended Dec 31, 2022 (-4.8%), $2.1 million in the year ended Dec 31, 2021 (+31.3%) and $1.6 million in the year ended Dec 31, 2020 (-27.3%).
- The figure for the quarter ended Dec 31, 2024 stands as the highest quarterly Depreciation and Depletion since the quarter ended Mar 31, 2022.
- On a year-over-year basis, Depreciation and Depletion has increased in each of the last seven quarters, with growth averaging 17.2% over the last eight quarters.
- The strongest year-over-year quarter for Depreciation and Depletion in the past five years was the quarter ended Dec 31, 2024, with growth of 116.7%; the weakest was the quarter ended Sep 30, 2022, with a decline of 99.9%.
- According to Business Quant data, Depreciation and Depletion for the three prior quarters was $696,000 (quarter ended Sep 30, 2024), $718,800 (quarter ended Jun 30, 2024) and $680,200 (quarter ended Mar 31, 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn | - |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn | 82.00 Mn |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - | - |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - | - |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn | - |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - | 57.00 Mn |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - | 49.00 Mn |
| 10 | Heritage Insurance Holdings | 1.01 Bn | -1.22 Bn | 153.14 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 1.30 Mn |
| Sep 30, 2024 | 696,000.00 |
| Jun 30, 2024 | 718,800.00 |
| Mar 31, 2024 | 680,200.00 |
| Dec 31, 2023 | 600,000.00 |
| Sep 30, 2023 | 653,000.00 |
| Jun 30, 2023 | 566,000.00 |
| Mar 31, 2023 | 539,000.00 |
| Dec 31, 2022 | 500,000.00 |
| Sep 30, 2022 | 544,900.00 |
| Jun 30, 2022 | 466,000.00 |
| Mar 31, 2022 | 459.00 Mn |
| Dec 31, 2021 | 500,000.00 |
| Sep 30, 2021 | 736.00 Mn |
| Jun 30, 2021 | 432.00 Mn |
| Mar 31, 2021 | 432.30 Mn |
| Dec 31, 2020 | 300,000.00 |
| Sep 30, 2020 | 442,000.00 |
| Jun 30, 2020 | 425,000.00 |
| Mar 31, 2020 | 432,000.00 |
Heritage Insurance Holdings Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=HRTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "HRTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=HRTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();