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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Heritage Insurance Holdings (HRTG) Gross Margin (2016 - 2025)

Heritage Insurance Holdings (HRTG) has disclosed Gross Margin for 11 consecutive years, with 29.47% as the latest value for Q3 2023.

  • For the quarter ending Q3 2023, Gross Margin changed N/A year-over-year to 29.47%, compared with a TTM value of 37.33% through Sep 2023, changed N/A, and an annual FY2021 reading of 30.06%, changed N/A over the prior year.
  • Gross Margin was 29.47% for Q3 2023 at Heritage Insurance Holdings, down from 39.68% in the prior quarter.
  • Across five years, Gross Margin topped out at 119.54% in Q4 2019 and bottomed at 3.67% in Q4 2021.
  • Average Gross Margin over 5 years is 38.42%, with a median of 38.85% recorded in 2022.
  • The sharpest move saw Gross Margin surged 6982bps in 2019, then plummeted -3005bps in 2020.
  • Year by year, Gross Margin stood at 119.54% in 2019, then crashed by -89bps to 13.39% in 2020, then tumbled by -73bps to 3.67% in 2021, then soared by 937bps to 38.01% in 2022, then dropped by -22bps to 29.47% in 2023.
  • Business Quant data shows Gross Margin for HRTG at 29.47% in Q3 2023, 39.68% in Q2 2023, and 44.92% in Q1 2023.