Heritage Insurance Holdings (HRTG) Operating Margin (2012 - 2026)
Heritage Insurance Holdings (HRTG) reported Operating Margin of 4.64% for Q1 2026, up 59.0% on a YoY basis from 2.92% in Q1 2025, and down 89.51% quarter-over-quarter from 44.25% in Q4 2025.
Heritage Insurance Holdings (HRTG) Operating Margin (2012 - 2026) Analysis & Trends
Heritage Insurance Holdings has reported Operating Margin for 15 years, with the latest figure at 4.64% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 59.0% year-over-year to 4.64%; the trailing twelve-month figure through Mar 2026 stood at 28.66% (up 1889.0% YoY), and the FY2025 full-year result was 4.68%, up 242.0% from the prior year.
- Operating Margin for Q1 2026 stood at 4.64%, down from 44.25% in the prior quarter.
- The five-year high for Operating Margin was 44.25% in Q4 2025, with the low at 54.05% in Q2 2022.
- Historically, Operating Margin has averaged 6.18% across 5 years, with a median of 9.27% in 2023.
- Annual changes were most pronounced in 2022 — Operating Margin plunged 5133 bps — and 2023, when it surged 6332 bps.
- Heritage Insurance Holdings' Operating Margin stood at 8.54% in 2022, then surged by 138 bps to 20.35% in 2023, then dropped by 22 bps to 15.82% in 2024, then surged by 180 bps to 44.25% in 2025, then sank by 90 bps to 4.64% in 2026.
- The last three Operating Margin figures came in at 4.64% (Q1 2026), 44.25% (Q4 2025), and 35.96% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 11.57% |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | -46.25% |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 8.45% |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 5.54% |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 10.96% |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 12.21% |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | -7.70% |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 71.45% |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 5.74% |
| 10 | Heritage Insurance Holdings | 679.89 Mn | 161.75 Mn | 121.06 Mn | 4.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.64% |
| Dec 31, 2025 | 44.25% |
| Sep 30, 2025 | 35.96% |
| Jun 30, 2025 | 31.18% |
| Mar 31, 2025 | 4.05% |
| Dec 31, 2024 | 15.82% |
| Sep 30, 2024 | 5.91% |
| Jun 30, 2024 | 13.58% |
| Mar 31, 2024 | 12.65% |
| Dec 31, 2023 | 20.35% |
| Sep 30, 2023 | -5.06% |
| Jun 30, 2023 | 9.27% |
| Mar 31, 2023 | 11.36% |
| Dec 31, 2022 | 8.54% |
| Sep 30, 2022 | -28.59% |
| Jun 30, 2022 | -54.05% |
| Mar 31, 2022 | -24.85% |
| Dec 31, 2021 | -26.80% |
| Sep 30, 2021 | -9.47% |
| Jun 30, 2021 | -2.72% |