The Hartford Insurance Group (HIG) Revenue — Quarter Ended Dec 31, 2024
The reported revenue increased compared to the immediately preceding quarter. However, it decreased substantially compared to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
The reported revenue increased compared to the immediately preceding quarter. However, it decreased substantially compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$373M
Revenue reported for this quarter.
Quarter-over-quarter
+1.1%
Change from the immediately preceding quarter.
Year-over-year
-94.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $352M | +4.1% |
| Jun 30, 2024 | $364M | +3.4% |
| Sep 30, 2024 | $369M | +5.1% |
| Dec 31, 2024 | $373M | -94.2% |
Revenue performance
Revenue for the quarter moved higher sequentially, continuing the upward trend seen in prior quarters.
Quarterly comparison
When compared with the prior quarter, revenue showed a modest improvement. In contrast, the year-over-year comparison reveals a significant decline.
What to watch
The sharp year-over-year drop warrants attention to the underlying drivers of revenue in future periods.