Heritage Insurance Holdings (HRTG) Goodwill (2014 - 2022)
Heritage Insurance Holdings (HRTG) reported Goodwill of $92 million for the quarter ended Jun 30, 2022, down 39.7% from $152.5 million a year earlier and unchanged from the prior quarter.
Heritage Insurance Holdings (HRTG) Goodwill (2014 - 2022) Analysis & Trends
Dating back to the quarter ended Dec 31, 2014, Heritage Insurance Holdings' Goodwill record includes 28 quarters.
- Goodwill has a five-year compound annual growth rate of 14.6% (years ended Dec 2016 to Dec 2021).
- By year, Goodwill came in at $152.5 million in the year ended Dec 31, 2020 (unchanged), $152.46 million in the year ended Dec 31, 2019 (unchanged), $152.46 million in the year ended Dec 31, 2018 (unchanged) and $152.46 million in the year ended Dec 31, 2017 (+228.2%).
- Five-year quarterly Goodwill spans a low of $46.45 million in the quarter ended Sep 30, 2017 and a high of $152.5 million in the quarter ended Sep 30, 2021.
- Year over year, Goodwill has now declined in each of the last three quarters, with an average decline of 14.9% over the last eight quarters.
- The high point for year-over-year Goodwill in five years was the quarter ended Sep 30, 2018 (growth of 228.2%); the low point was the quarter ended Dec 31, 2021 (a decline of 39.7%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2022 came in at $92 million (quarter ended Mar 31, 2022), $92 million (quarter ended Dec 31, 2021) and $152.5 million (quarter ended Sep 30, 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 137.62 Bn | 84.20 Bn | 9.13 Bn |
| 2 | Progressive | 129.19 Bn | 105.03 Bn | 9.04 Bn |
| 3 | Marsh & Mclennan Companies | 90.88 Bn | 83.04 Bn | - |
| 4 | Travelers Companies | 83.69 Bn | 59.94 Bn | 6.23 Bn |
| 5 | Manulife Financial | 77.09 Bn | -17.79 Bn | - |
| 6 | Arthur J. Gallagher | 66.26 Bn | 60.67 Bn | - |
| 7 | Metlife | 65.73 Bn | -41.05 Bn | 7.82 Bn |
| 8 | Allstate | 64.04 Bn | 25.31 Bn | 8.73 Bn |
| 9 | Aon | 63.10 Bn | 56.32 Bn | - |
| 10 | Heritage Insurance Holdings | 1.11 Bn | -1.12 Bn | 153.14 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 92.00 Mn |
| Mar 31, 2022 | 92.00 Mn |
| Dec 31, 2021 | 92.00 Mn |
| Sep 30, 2021 | 152.50 Mn |
| Jun 30, 2021 | 152.50 Mn |
| Mar 31, 2021 | 152.50 Mn |
| Dec 31, 2020 | 152.50 Mn |
| Sep 30, 2020 | 152.50 Mn |
| Jun 30, 2020 | 152.50 Mn |
| Mar 31, 2020 | 152.46 Mn |
| Dec 31, 2019 | 152.46 Mn |
| Sep 30, 2019 | 152.46 Mn |
| Jun 30, 2019 | 152.46 Mn |
| Mar 31, 2019 | 152.46 Mn |
| Dec 31, 2018 | 152.46 Mn |
| Sep 30, 2018 | 152.46 Mn |
| Jun 30, 2018 | 152.46 Mn |
| Mar 31, 2018 | 152.46 Mn |
| Dec 31, 2017 | 152.46 Mn |
| Sep 30, 2017 | 46.45 Mn |
Heritage Insurance Holdings Goodwill 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=goodwill&ticker=HRTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=HRTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();