Heritage Insurance Holdings (HRTG) Return on Invested Capital [ROIC] (2017 - 2026)
Heritage Insurance Holdings (HRTG) recorded Return on Invested Capital [ROIC] of 35.64% in the quarter ended Jun 30, 2026, up 10.24 percentage points from 25.40% a year earlier and up 0.62 percentage points from the prior quarter.
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Analysis
Heritage Insurance Holdings (HRTG) Return on Invested Capital [ROIC] (2017 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Heritage Insurance Holdings reported Return on Invested Capital [ROIC] of 40.68%, up 22.02 percentage points from the prior year.
- Annual Return on Invested Capital [ROIC] has increased for three straight years, with a five-year change of +38.91 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 18.65% in the year ended Dec 31, 2024 (+0.29 pp), 18.36% in the year ended Dec 31, 2023 (+58.75 pp), -40.39% in the year ended Dec 31, 2022 (-27.50 pp) and -12.89% in the year ended Dec 31, 2021 (-14.66 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from -76.88% in the quarter ended Sep 30, 2022 to 36.63% in the quarter ended Dec 31, 2025 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for six consecutive quarters, with an average year-over-year change of +9.31 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 89.71 percentage points in the quarter ended Sep 30, 2023, against a drop of 73.54 percentage points in the quarter ended Sep 30, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 35.02% (quarter ended Mar 31, 2026), 36.63% (quarter ended Dec 31, 2025) and 31.38% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,248.67 Bn | -185.49 Bn | 56.71 Bn | -11.13% |
| 2 | Chubb | 141.22 Bn | 92.15 Bn | 8.67 Bn | 11.97% |
| 3 | Progressive | 134.26 Bn | 109.78 Bn | 8.29 Bn | 28.24% |
| 4 | Marsh & Mclennan Companies | 98.32 Bn | 90.72 Bn | - | 13.08% |
| 5 | Travelers Companies | 82.09 Bn | 59.57 Bn | 5.93 Bn | 21.49% |
| 6 | Manulife Financial | 75.36 Bn | -19.02 Bn | - | - |
| 7 | Arthur J. Gallagher | 72.54 Bn | 67.17 Bn | 3.33 Bn | 6.01% |
| 8 | Aon | 71.33 Bn | 50.56 Bn | - | 11.58% |
| 9 | Allstate | 65.04 Bn | 22.10 Bn | -9.85 Bn | 9.71% |
| 10 | Heritage Insurance Holdings | 992.39 Mn | -1.21 Bn | 137.85 Mn | 33.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 33.76% |
| Jun 30, 2026 | 35.64% |
| Mar 31, 2026 | 35.02% |
| Dec 31, 2025 | 36.63% |
| Sep 30, 2025 | 31.38% |
| Jun 30, 2025 | 25.40% |
| Mar 31, 2025 | 20.64% |
| Dec 31, 2024 | 17.31% |
| Sep 30, 2024 | 21.10% |
| Jun 30, 2024 | 18.05% |
| Mar 31, 2024 | 15.71% |
| Dec 31, 2023 | 17.59% |
| Sep 30, 2023 | 12.82% |
| Jun 30, 2023 | 1.44% |
| Mar 31, 2023 | -36.15% |
| Dec 31, 2022 | -58.61% |
| Sep 30, 2022 | -76.88% |
| Jun 30, 2022 | -49.55% |
| Mar 31, 2022 | -21.28% |
| Dec 31, 2021 | -13.50% |
API Access
Heritage Insurance Holdings Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=HRTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=HRTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();