Growth Metrics

Heritage Insurance Holdings (HRTG) Operating Expenses (2016 - 2025)

Heritage Insurance Holdings (HRTG) has disclosed Operating Expenses for 11 consecutive years, with $150.8 million as the latest value for Q4 2023.

  • For the quarter ending Q4 2023, Operating Expenses fell 5.56% year-over-year to $150.8 million, compared with a TTM value of $515.9 million through Dec 2023, down 9.65%, and an annual FY2024 reading of $723.4 million, up 7.6% over the prior year.
  • Operating Expenses was $150.8 million for Q4 2023 at Heritage Insurance Holdings, down from $195.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $343.5 million in Q3 2019 and bottomed at $376000.0 in Q2 2020.
  • Average Operating Expenses over 5 years is $114.2 million, with a median of $119.9 million recorded in 2020.
  • The sharpest move saw Operating Expenses skyrocketed 37689.89% in 2022, then crashed 99.79% in 2023.
  • Year by year, Operating Expenses stood at $117.0 million in 2019, then soared by 44.97% to $169.6 million in 2020, then grew by 23.57% to $209.6 million in 2021, then fell by 23.81% to $159.7 million in 2022, then decreased by 5.56% to $150.8 million in 2023.
  • Business Quant data shows Operating Expenses for HRTG at $150.8 million in Q4 2023, $195.7 million in Q3 2023, and $168.9 million in Q2 2023.