Heritage Insurance (HRTG)
Writes residential property coverage through a vertically integrated multi-carrier platform.
$34.06
vs last close−0.09 (−0.28%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 186 | 187 | 204 | 204 | 212 | 210 | 212 | 208 | 212 | 142 | 213 | 214 |
| Cost of revenue | 174 | 134 | 158 | 153 | 179 | 158 | 145 | 119 | 120 | 48 | 92 | 61 |
| Gross profit | 12 | 53 | 45 | 50 | 33 | 53 | 66 | 89 | 93 | 94 | 121 | 153 |
| 25 | 20 | 25 | 26 | 24 | 24 | 17 | 26 | 24 | 6 | 72 | 71 | |
| 22 | 17 | 23 | 23 | 22 | 21 | 24 | 24 | 22 | 4 | 0 | 69 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46 |
| General & administrative | 22 | 17 | 23 | 23 | 22 | 21 | 24 | 24 | 22 | 4 | 0 | 24 |
| Other expenses | 3 | 3 | 3 | 3 | 3 | 3 | −7 | 2 | 2 | 2 | 72 | 2 |
| Operating income | −12 | 33 | 20 | 25 | 9 | 29 | 49 | 63 | 68 | 88 | 49 | 82 |
| 0 | 0 | 0 | 0 | 0 | 0 | −9 | 0 | 0 | 0 | 0 | 0 | |
| Interest expense | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
| Other non-operating income | −3 | −3 | −3 | −3 | −3 | −3 | 7 | −2 | −2 | −2 | −2 | −2 |
| Income before tax | −12 | 33 | 20 | 25 | 9 | 29 | 40 | 63 | 68 | 88 | 49 | 82 |
| Income tax expense | −5 | 2 | 6 | 6 | 1 | 9 | 10 | 15 | 18 | 21 | 13 | 20 |
| Net income from continuing operations | −7 | 31 | 14 | 19 | 8 | 20 | 30 | 48 | 50 | 67 | 36 | 62 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −7 | 31 | 14 | 19 | 8 | 20 | 30 | 48 | 50 | 67 | 36 | 62 |
| EPS, basic | −$0.28 | $1.15 | $0.47 | $0.62 | $0.27 | $0.66 | $0.99 | $1.55 | $1.63 | $2.16 | $1.19 | $2.06 |
| EPS, diluted | −$0.28 | $1.15 | $0.47 | $0.61 | $0.27 | $0.66 | $0.99 | $1.55 | $1.63 | $2.15 | $1.19 | $2.05 |
| Weighted average shares, basic | 27 | 27 | 30 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 30 |
| Weighted average shares, diluted | 27 | 27 | 30 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 30 |
| EBITDA | −7 | 38 | 25 | 30 | 14 | 34 | 45 | 68 | 73 | 93 | 54 | 87 |
| Depreciation & amortization | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 3 | 3 |
| EBIT | −9 | 36 | 23 | 28 | 12 | 32 | 42 | 65 | 70 | 90 | 51 | 84 |