Heritage Insurance Holdings (HRTG) Gross Margin (2012 - 2026)
Heritage Insurance Holdings (HRTG) reported Gross Margin of 56.93% for Q1 2026, up 392.0% on a YoY basis from 11.57% in Q1 2025, and down 17.13% quarter-over-quarter from 68.69% in Q4 2025.
Heritage Insurance Holdings (HRTG) Gross Margin (2012 - 2026) Analysis & Trends
Heritage Insurance Holdings has reported Gross Margin for 15 years, with the latest figure at 56.93% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 392.0% year-over-year to 56.93%; the trailing twelve-month figure through Mar 2026 stood at 62.68% (up 1733.0% YoY), and the FY2025 full-year result was 60.56%, up 1878.0% from the prior year.
- Gross Margin for Q1 2026 stood at 56.93%, down from 68.69% in the prior quarter.
- The five-year high for Gross Margin was 68.69% in Q4 2025, with the low at 5.83% in Q3 2022.
- Historically, Gross Margin has averaged 43.06% across 5 years, with a median of 44.92% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin sank 1944 bps — and 2023, when it soared 3321 bps.
- Heritage Insurance Holdings' Gross Margin stood at 40.57% in 2022, then climbed by 21 bps to 49.0% in 2023, then fell by 8 bps to 45.27% in 2024, then soared by 52 bps to 68.69% in 2025, then dropped by 17 bps to 56.93% in 2026.
- The last three Gross Margin figures came in at 56.93% (Q1 2026), 68.69% (Q4 2025), and 61.68% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 58.50% |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 37.68% |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 46.48% |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 86.87% |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 73.70% |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 99.65% |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | 67.14% |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | -153.50% |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 72.35% |
| 10 | Heritage Insurance Holdings | 679.89 Mn | 161.75 Mn | 121.06 Mn | 56.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 56.93% |
| Dec 31, 2025 | 68.69% |
| Sep 30, 2025 | 61.68% |
| Jun 30, 2025 | 63.65% |
| Mar 31, 2025 | 53.00% |
| Dec 31, 2024 | 45.27% |
| Sep 30, 2024 | 34.61% |
| Jun 30, 2024 | 47.97% |
| Mar 31, 2024 | 43.13% |
| Dec 31, 2023 | 49.00% |
| Sep 30, 2023 | 29.47% |
| Jun 30, 2023 | 39.68% |
| Mar 31, 2023 | 44.92% |
| Dec 31, 2022 | 40.57% |
| Sep 30, 2022 | 5.83% |
| Jun 30, 2022 | 35.86% |
| Mar 31, 2022 | 11.71% |
| Dec 31, 2021 | 38.10% |
| Sep 30, 2021 | 20.20% |
| Jun 30, 2021 | 31.17% |