The Hartford Financial Services Group, Inc. (HIG) Balance Sheet
HIG balance sheet, 2025
December 31, 2025 · U.S. dollars$86.00B assets = $67.02B liabilities + $18.98B equity
Both columns are drawn to the same scale: what HIG owns equals what it owes plus shareholders’ equity. Hover a block for its value.
HIG financial health
Descriptive bands, not a rating. Fiscal 2025.
HIG balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $223.43B2016 | $86.00B2025 | −10.1%/yr | |
| Total liabilities | $206.53B2016 | $67.02B2025 | −11.8%/yr | |
| Shareholders’ equity | $16.90B2016 | $18.98B2025 | +1.3%/yr | |
| Cash & short-term investments | $1.98B2016 | $4.49B2025 | +9.5%/yr | |
| Total debt | $4.91B2016 | $4.37B2025 | −1.3%/yr | |
| Net cash (debt) | −$2.93B2016 | $115.0M2025 | +$3.0B | |
| Working capital | −$199.05B2016 | $10.19B2025 | +$209.2B | |
| Book value per share | $42.812016 | $66.242025 | +5.0%/yr | |
| Debt / equity | 0.292016 | 0.232025 | −0.06 | |
| Shares outstanding | 394.8M2016 | 286.5M2025 | −3.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
HIG assets
HIG liabilities and equity
HIG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
HIG balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $4.49B | $4.25B | $126.0M | $40.32B | $46.75B | $48.47B | $45.25B | $4.40B | $40.43B | $1.98B |
| Cash & equivalents | $133.0M | $183.0M | $126.0M | $229.0M | $205.0M | $151.0M | $185.0M | $121.0M | $180.0M | $882.0M |
| Short-term investments | $4.35B | $4.07B | $19.17B | $40.09B | $46.54B | $48.32B | $45.07B | $4.28B | $40.25B | $35.02B |
| Receivables | $6.32B | $6.00B | $12.71B | $11.91B | $10.97B | $10.28B | $9.91B | $8.35B | $7.97B | $7.39B |
| Inventory | $0 | $0 | −$56.51B | −$10.57B | −$9.91B | −$9.24B | −$9.07B | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $55.22B | $10.57B | $0 | $0 | $0 | $27.01B | $839.0M | $0 |
| Total current assets | $10.80B | $10.25B | $11.55B | $52.23B | $20.79B | $7.70B | $7.49B | $39.77B | $49.24B | $4.13B |
| Property, plant & equipment (net) | $931.0M | $888.0M | $896.0M | $927.0M | $1.03B | $1.12B | $1.18B | $1.01B | $1.03B | $991.0M |
| Goodwill & intangible assets | $2.48B | $2.55B | $2.62B | $2.69B | $2.77B | $2.86B | $2.98B | $1.95B | $1.95B | $611.0M |
| Long-term investments | $56.86B | $52.59B | $49.64B | $46.40B | $57.75B | $56.53B | $53.03B | $46.79B | $45.15B | $70.64B |
| Other non-current assets | $14.93B | $14.64B | $5.39B | $0 | $0 | $5.89B | $6.13B | $0 | $127.89B | $147.07B |
| Total assets | $86.00B | $80.92B | $70.10B | $73.02B | $76.58B | $74.11B | $70.82B | $62.31B | $225.26B | $223.43B |
| Liabilities | ||||||||||
| Accounts payable | $612.0M | $614.0M | — | $658.0M | $687.0M | $701.0M | $755.0M | $767.0M | $816.0M | $31.18B |
| Short-term debt | $0 | $0 | $0 | $34.28B | $0 | $0 | $500.0M | $413.0M | $320.0M | $416.0M |
| Deferred revenue | — | — | — | $1.45B | $7.19B | $46.0M | −$255.0M | −$767.0M | −$816.0M | −$31.18B |
| Total current liabilities | $612.0M | $614.0M | $35.21B | $2.11B | $46.85B | $747.0M | $1.25B | $44.94B | $207.09B | $203.18B |
| Long-term debt | $4.37B | $4.37B | $4.36B | $4.36B | $4.94B | $4.35B | $4.35B | $4.26B | $4.68B | $4.64B |
| Other long-term liabilities | $62.03B | $59.49B | $15.19B | $52.93B | $6.94B | $51.20B | $50.20B | $0 | $0 | $0 |
| Total liabilities | $67.02B | $64.47B | $54.77B | $59.39B | $58.73B | $55.55B | $54.55B | $49.21B | $211.77B | $206.53B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $3.0M | $3.0M | $3.0M | $17.17B | $4.0M | $4.0M | $4.0M | $4.0M | $4.0M | $4.0M |
| Retained earnings (deficit) | $24.74B | $21.53B | $19.01B | $17.05B | $15.76B | $13.92B | $12.69B | $11.05B | $9.64B | $13.11B |
| Treasury stock | — | — | — | −$1.77B | −$1.74B | −$1.19B | −$1.12B | −$1.09B | −$1.19B | −$1.12B |
| Accumulated other comprehensive income | −$2.06B | −$2.89B | −$2.85B | −$3.88B | $172.0M | $1.17B | $52.0M | −$1.58B | $663.0M | −$337.0M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $18.98B | $16.45B | $15.33B | $13.63B | $17.84B | $18.56B | $16.27B | $13.10B | $13.49B | $16.90B |
| Key figures | ||||||||||
| Total debt | $4.37B | $4.37B | $4.36B | $38.63B | $4.94B | $4.35B | $4.85B | $4.68B | $5.00B | $4.91B |
| Net cash (debt) | $115.0M | −$115.0M | −$4.24B | $1.69B | $41.80B | $44.12B | $40.41B | −$274.0M | $35.43B | −$2.93B |
| Working capital | $10.19B | $9.63B | −$23.66B | $50.13B | −$26.06B | $6.96B | $6.24B | −$5.17B | −$157.85B | −$199.05B |
| Tangible book value | $16.50B | $13.90B | $12.71B | $10.94B | $15.07B | $15.70B | $13.29B | $11.15B | $11.54B | $16.29B |
| Book value per share | $66.24 | $55.08 | $49.20 | $41.37 | $50.39 | $51.46 | $44.59 | $35.98 | $36.42 | $42.81 |
| Shares outstanding | 286.5M | 298.6M | 311.5M | 329.5M | 354.1M | 360.6M | 364.9M | 364.1M | 370.5M | 394.8M |
| Current ratio | 17.65 | 16.69 | 0.33 | 24.79 | 0.44 | 10.31 | 5.97 | 0.88 | 0.24 | 0.02 |
| Quick ratio | 17.65 | 16.69 | 0.36 | 24.79 | 1.23 | 78.65 | 43.96 | 0.28 | 0.23 | 0.05 |
| Debt / equity | 0.23 | 0.27 | 0.28 | 2.83 | 0.28 | 0.23 | 0.30 | 0.36 | 0.37 | 0.29 |
| Equity / assets | 22.1% | 20.3% | 21.9% | 18.7% | 23.3% | 25.0% | 23.0% | 21.0% | 6.0% | 7.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $3.99B | $4.39B | $4.49B | $4.37B | $3.81B | $3.50B | $4.25B | $4.19B | $19.63B | $18.96B | $126.0M | $3.41B |
| Cash & equivalents | $125.0M | $166.0M | $133.0M | $150.0M | $166.0M | $138.0M | $183.0M | $223.0M | $154.0M | $274.0M | $126.0M | $111.0M |
| Short-term investments | $3.87B | $4.22B | $4.35B | $4.22B | $3.65B | $3.37B | $4.07B | $3.96B | $19.47B | $18.68B | $43.67B | $3.30B |
| Receivables | $7.01B | $6.73B | $6.32B | $6.55B | $13.80B | $6.39B | $6.00B | $6.15B | $13.39B | $13.08B | $12.71B | $5.54B |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$12.13B | −$25.96B | −$32.04B | −$56.51B | −$55.44B |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12.13B | $5.13B | $11.22B | $55.22B | $55.44B |
| Total current assets | $11.00B | $11.12B | $10.80B | $10.92B | $10.51B | $9.89B | $10.25B | $10.34B | $12.19B | $11.22B | $11.55B | $8.95B |
| Property, plant & equipment (net) | $867.0M | $923.0M | $931.0M | $925.0M | $906.0M | $909.0M | $888.0M | $871.0M | $878.0M | $879.0M | $896.0M | $894.0M |
| Goodwill & intangible assets | $2.16B | $2.46B | $2.48B | $2.50B | $2.51B | $2.53B | $2.55B | $2.56B | $2.58B | $2.60B | $2.62B | $2.64B |
| Long-term investments | $56.51B | $56.42B | $56.86B | $55.74B | $54.24B | $53.51B | $52.59B | $52.67B | $50.28B | $49.71B | $49.64B | $47.14B |
| Other non-current assets | $17.45B | $15.40B | $14.93B | $14.91B | $15.46B | $15.47B | $14.64B | $14.77B | $13.11B | $13.30B | $5.39B | $14.90B |
| Total assets | $87.98B | $86.32B | $86.00B | $85.00B | $83.64B | $82.31B | $80.92B | $81.22B | $79.05B | $77.71B | $70.10B | $74.52B |
| Liabilities | ||||||||||||
| Accounts payable | — | $612.0M | $612.0M | $614.0M | $612.0M | $611.0M | $614.0M | $613.0M | $622.0M | $633.0M | — | $645.0M |
| Short-term debt | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | $0 |
| Deferred revenue | — | $10.45B | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | $606.0M | $612.0M | $612.0M | $614.0M | $612.0M | $611.0M | $614.0M | $613.0M | $622.0M | $633.0M | $35.21B | $645.0M |
| Long-term debt | $4.37B | $4.37B | $4.37B | $4.37B | $4.37B | $4.37B | $4.37B | $4.37B | $4.36B | $4.36B | $4.36B | $4.36B |
| Other long-term liabilities | $63.37B | $62.45B | $62.03B | $61.56B | $61.14B | $60.48B | $59.49B | $59.23B | $59.00B | $57.88B | $15.19B | $55.83B |
| Total liabilities | $68.35B | $67.43B | $67.02B | $66.55B | $66.12B | $65.46B | $64.47B | $64.21B | $63.37B | $62.24B | $54.77B | $60.84B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M | $3.0M |
| Retained earnings (deficit) | $26.55B | $25.42B | $24.74B | $23.78B | $22.85B | $22.01B | $21.53B | $20.83B | $20.21B | $19.61B | $19.01B | $18.38B |
| Accumulated other comprehensive income | −$2.37B | −$2.42B | −$2.06B | −$2.00B | −$2.38B | −$2.58B | −$2.89B | −$2.00B | −$3.07B | −$3.00B | −$2.85B | −$4.18B |
| Total shareholders' equity | $19.63B | $18.89B | $18.98B | $18.45B | $17.52B | $16.84B | $16.45B | $17.01B | $15.68B | $15.47B | $15.33B | $13.68B |
| Key figures | ||||||||||||
| Total debt | $4.37B | $4.37B | $4.37B | $4.37B | $4.37B | $4.37B | $4.37B | $4.37B | $4.36B | $4.36B | $4.36B | $4.36B |
| Net cash (debt) | −$383.0M | $17.0M | $115.0M | −$1.0M | −$554.0M | −$864.0M | −$115.0M | −$178.0M | $15.26B | $14.59B | −$4.24B | −$950.0M |
| Working capital | $10.39B | $10.51B | $10.19B | $10.31B | $9.90B | $9.28B | $9.63B | $9.72B | $11.57B | $10.58B | −$23.66B | $8.30B |
| Tangible book value | $17.47B | $16.43B | $16.50B | $15.96B | $15.01B | $14.31B | $13.90B | $14.44B | $13.10B | $12.87B | $12.71B | $11.04B |
| Book value per share | $69.47 | $66.84 | $67.16 | $64.74 | $60.89 | $57.92 | $55.28 | $57.17 | $52.28 | $51.12 | $50.24 | $44.27 |
| Shares outstanding | 282.6M | 282.6M | 282.6M | 285.0M | 287.7M | 290.8M | 297.5M | 297.5M | 299.9M | 302.6M | 305.1M | 309.0M |
| Current ratio | 18.15 | 18.17 | 17.65 | 17.79 | 17.18 | 16.19 | 16.69 | 16.86 | 19.60 | 17.72 | 0.33 | 13.87 |
| Quick ratio | 18.15 | 18.17 | 17.65 | 17.79 | 28.78 | 16.19 | 16.69 | 16.86 | 53.09 | 50.61 | 0.36 | 13.87 |
| Debt / equity | 0.22 | 0.23 | 0.23 | 0.24 | 0.25 | 0.26 | 0.27 | 0.26 | 0.28 | 0.28 | 0.28 | 0.32 |
| Equity / assets | 22.3% | 21.9% | 22.1% | 21.7% | 20.9% | 20.5% | 20.3% | 20.9% | 19.8% | 19.9% | 21.9% | 18.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 20, 2026); data from EODHD.
HIG financial position
At the end of fiscal 2025 (December 31, 2025), The Hartford had total assets of $86.0 billion (up 6.3% from a year earlier), total liabilities of $67.0 billion and shareholders' equity of $19.0 billion. It held $4.5 billion in cash and short-term investments against $4.4 billion of debt, a net cash position of $115.0 million. Its current ratio was 17.65. In the latest quarter (ended June 30, 2026) total assets were $88.0 billion and equity $19.6 billion.
Related: HIG income statement, HIG cash flow statement, HIG key metrics. See the HIG stock overview for the latest quote and news.
HIG balance sheet FAQ
What are The Hartford's total assets?
The Hartford reported total assets of $86.0 billion at the end of fiscal 2025 (December 31, 2025), compared with $80.9 billion a year earlier.
How much debt does The Hartford have?
The Hartford had $4.4 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.23.
How much cash does The Hartford have?
The Hartford held $4.5 billion in cash and short-term investments at the end of fiscal 2025; with $4.4 billion of debt that is net cash of $115.0 million.
What is The Hartford's book value?
The Hartford's shareholders' equity (book value) was $19.0 billion at the end of fiscal 2025, or $66.24 per share.
What is The Hartford's current ratio?
The Hartford had current assets of $10.8 billion and current liabilities of $612.0 million, a current ratio of 17.65 (it can cover its short-term obligations).
How much goodwill does The Hartford have?
The Hartford carried $2.5 billion of goodwill and intangible assets, 2.9% of total assets, at the end of fiscal 2025.