Heritage Insurance Holdings, Inc.HRTG

Market cap

$875.56M

P/E ratio

	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Debt Securities, Available-for-Sale	293	372	571	550	510	587	561	669	636	561	656
Equity Securities, FV-NI, Current	-	-	-	-	16	2	2	1	2	2	2
Other Investments	-	-	-	-	-	6	26	24	16	7	6
Total investments	-	-	-	-	-	595	589	695	654	569	663
Cash and cash equivalents	160	236	106	154	250	268	441	359	281	464	453
Restricted cash	4	13	21	21	12	15	5	5	7	10	11
Accrued investment income	3	3	5	5	4	4	3	3	4	4	6
Premiums receivable, net	20	31	43	68	57	64	77	72	93	89	102
Reinsurance Recoverable for Paid and Unpaid Claims and Claims Adjustments	-	-	-	-	-	429	355	269	805	482	740
Prepaid reinsurance premiums	43	79	107	228	233	224	246	266	307	294	310
Income taxes receivable	-	-	11	37	36	3	32	12	12	13	-
Deferred income tax asset, net	-	-	-	-	-	-	-	-	17	11	14
Deferred Policy Acquisition Cost	24	35	43	42	73	77	89	94	100	103	63
Property and equipment, net	17	17	17	19	18	21	19	17	26	33	38
Right-of-use lease asset, finance	-	-	-	-	-	-	-	-	20	18	15
Right-of-use lease asset, operating	-	-	-	-	-	-	-	-	7	7	6
Intangibles, net	-	-	27	102	77	69	62	56	50	43	36
Other assets	5	16	6	20	12	18	18	12	12	13	12
Total Assets	615	837	1,033	1,771	1,769	1,940	2,089	1,981	2,393	2,153	2,469
Unpaid losses and loss adjustment expenses	51	84	140	470	432	614	659	590	1,132	846	1,043
Unearned premiums	241	302	318	475	472	486	570	590	657	676	703
Reinsurance payable	17	60	97	18	167	156	162	192	200	160	227
Long-Term Debt	-	-	-	184	149	129	121	121	129	120	116
Advance premiums	5	12	19	24	20	17	18	25	27	24	15
Income tax payable	13	2	-	-	-	-	-	-	-	-	1
Accrued compensation	0	2	4	16	9	5	9	8	7	9	9
Lease liability, finance	-	-	-	-	-	-	-	-	23	20	18
Lease liability, operating	-	-	-	-	-	-	-	-	9	8	7
Other Liabilities	32	18	22	170	86	71	89	72	80	70	39
Total Liabilities	360	481	675	1,391	1,343	1,491	1,647	1,638	2,262	1,933	2,178
Common Stock, Value, Issued	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital	-	203	206	295	325	330	332	333	335	360	363
Accumulated other comprehensive income, net of taxes	2	-2	-5	-3	-7	7	6	-5	-54	-35	-29
Treasury stock, at cost, 12231674 shares at December 31, 2024 and 2023	-	-	-	-	-	-	-	-	-	-	131
Retained earnings	65	156	183	175	196	217	220	138	-19	26	88
Total Stockholders' Equity	255	357	358	380	425	449	442	343	131	220	291
Total Liabilities and Stockholders' Equity	615	837	1,033	1,771	1,769	1,940	2,089	1,981	2,393	2,153	2,469