HCI Group, Inc. (HCI) Key Metrics
HCI valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $2.47B
- Enterprise value
- $1.39B
- P/E (TTM)
- 8.6 10-yr median 16.2
- Forward P/E
- 8.9
- PEG ratio
- 0.97
- Price / sales
- 2.6 10-yr median 1.8
- Price / book
- 2.0 10-yr median 2.3
- EV / EBITDA
- — 10-yr median 3.2
- Dividend yield
- 0.81% $1.60 a year
- Beta
- 1.05
HCI key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsHCI valuation Price multiples at each fiscal year-end price.
HCI returns How much profit the business earns on the capital it uses.
HCI per-share figures Results divided by the shares outstanding at year-end.
HCI financial health Debt, liquidity and how easily interest is covered.
HCI efficiency & capital use Working capital cycle and where the cash goes.
HCI valuation history
HCI returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
HCI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
HCI cash returned to shareholders
HCI price vs earnings per share
HCI key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $2.47B | $1.48B | $965.2M | $349.1M | $716.8M | $507.0M | $467.4M | $401.1M | $255.9M | $429.3M |
| Enterprise value | $1.30B | $611.0M | $404.6M | $61.3M | $108.0M | $188.2M | $208.8M | $162.6M | $31.4M | $216.6M |
| P/E ratio | 8.3 | 13.4 | 12.2 | — | 386.2 | 18.4 | 17.6 | 22.6 | — | 14.8 |
| Price / sales | 2.7 | 2.0 | 1.8 | 0.7 | 1.8 | 1.8 | 1.9 | 1.7 | 1.0 | 1.7 |
| Price / book | 2.4 | 3.3 | 3.0 | 2.1 | 2.2 | 2.5 | 2.5 | 2.2 | 1.3 | 1.8 |
| Price / free cash flow | 5.6 | 4.5 | 4.3 | — | 7.7 | 7.2 | 9.1 | 15.4 | 19.0 | 4.9 |
| Price / operating cash flow | 5.5 | 4.5 | 4.2 | — | 7.4 | 6.6 | 8.6 | 14.0 | 15.6 | 4.9 |
| EV / sales | 1.4 | 0.8 | 0.7 | 0.1 | 0.3 | 0.7 | 0.9 | 0.7 | 0.1 | 0.8 |
| EV / EBITDA | 2.9 | 3.2 | 3.0 | — | 4.7 | 3.3 | 3.6 | 2.9 | 2.9 | 3.4 |
| EV / free cash flow | 2.9 | 1.9 | 1.8 | — | 1.2 | 2.7 | 4.1 | 6.3 | 2.3 | 2.5 |
| Earnings yield | 12.1% | 7.4% | 8.2% | −16.8% | 0.3% | 5.4% | 5.7% | 4.4% | −2.7% | 6.8% |
| Free cash flow yield | 18.0% | 22.2% | 23.2% | −2.9% | 13.0% | 14.0% | 10.9% | 6.5% | 5.3% | 20.3% |
| Dividend yield | 0.8% | 1.1% | 1.4% | 4.4% | 2.0% | 2.5% | 2.8% | 2.8% | 5.4% | 2.9% |
| Shareholder yield (dividends + buybacks) | 0.8% | 1.2% | 1.5% | 29.7% | 2.1% | 3.8% | 7.1% | 8.1% | 23.4% | 7.7% |
| Share price at fiscal year-end | $191.69 | $116.53 | $87.40 | $39.59 | $83.54 | $52.30 | $45.65 | $50.81 | $29.90 | $39.48 |
| Per share | ||||||||||
| Revenue per share | $69.93 | $59.08 | $49.80 | $55.80 | $46.92 | $28.44 | $23.58 | $29.30 | $28.56 | $23.75 |
| Earnings per share | $23.21 | $8.67 | $7.16 | −$6.64 | $0.22 | $2.85 | $2.60 | $2.25 | −$0.81 | $2.67 |
| Operating cash flow per share | $34.68 | $26.16 | $20.89 | −$0.00 | $11.25 | $7.98 | $5.28 | $3.62 | $1.92 | $8.09 |
| Free cash flow per share | $34.50 | $25.84 | $20.30 | −$1.15 | $10.86 | $7.31 | $5.00 | $3.29 | $1.57 | $8.01 |
| Cash per share | $96.36 | $83.07 | $69.77 | $56.73 | $78.27 | $51.89 | $42.25 | $61.89 | $64.53 | $45.97 |
| Book value per share | $80.81 | $35.73 | $29.41 | $18.44 | $37.69 | $20.75 | $18.12 | $22.98 | $22.67 | $22.42 |
| Tangible book value per share | $75.97 | $35.32 | $28.72 | $17.24 | $36.45 | $20.38 | $17.71 | $22.37 | $22.08 | $21.97 |
| Dividends per share | $1.50 | $1.31 | $1.24 | $1.73 | $1.64 | $1.31 | $1.27 | $1.43 | $1.62 | $1.14 |
| Capex per share | $0.28 | $0.32 | $0.59 | $1.15 | $0.39 | $0.66 | $0.28 | $0.33 | $0.35 | $0.08 |
| Debt per share | $5.27 | $14.70 | $19.01 | $24.09 | $7.31 | $19.01 | $16.99 | $31.68 | $38.31 | $26.41 |
| Shares outstanding | 12.9M | 12.7M | 11.0M | 8.8M | 8.6M | 9.7M | 10.2M | 7.9M | 8.6M | 10.9M |
| Change in shares outstanding | +1.6% | +14.9% | +25.3% | +2.8% | −11.5% | −5.3% | +29.7% | −7.7% | −21.3% | −4.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 40.0% | 28.3% | 32.4% | −24.1% | 0.7% | 14.3% | 14.5% | 9.4% | −3.1% | 12.1% |
| Return on assets (ROA) | 12.6% | 5.4% | 4.4% | −3.9% | 0.2% | 3.2% | 3.2% | 2.1% | −0.9% | 4.4% |
| Return on tangible assets | 12.1% | 4.9% | 4.4% | −3.3% | 0.2% | 2.9% | 3.3% | 2.1% | −0.8% | 4.4% |
| Free cash flow margin | 49.3% | 43.7% | 40.8% | −2.1% | 23.1% | 25.7% | 21.2% | 11.2% | 5.5% | 33.7% |
| Income quality (OCF / net income) | 1.49 | 3.02 | 2.92 | — | 52.00 | 2.80 | 2.03 | 1.61 | — | 3.03 |
| Financial health | ||||||||||
| Total debt | $67.9M | $186.4M | $209.9M | $212.4M | $62.7M | $184.3M | $174.0M | $250.2M | $327.8M | $287.2M |
| Cash & short-term investments | $1.24B | $1.05B | $770.5M | $500.2M | $671.5M | $503.1M | $432.5M | $488.7M | $552.3M | $499.8M |
| Net debt | −$1.17B | −$867.3M | −$560.6M | −$287.8M | −$608.8M | −$318.8M | −$258.6M | −$238.5M | −$224.5M | −$212.6M |
| Debt / equity | 0.07 | 0.41 | 0.65 | 1.31 | 0.19 | 0.92 | 0.94 | 1.38 | 1.69 | 1.18 |
| Debt / assets | 0.03 | 0.08 | 0.12 | 0.12 | 0.05 | 0.20 | 0.22 | 0.30 | 0.39 | 0.43 |
| Net debt / EBITDA | −2.61 | −4.54 | −4.10 | — | −26.37 | −5.57 | −4.46 | −4.26 | −20.91 | −3.36 |
| Current ratio | 1.24 | 2.34 | 2.90 | 54.45 | 38.99 | 23.76 | 145.94 | — | 0.98 | 136.14 |
| Quick ratio | 1.24 | 2.34 | 7.35 | 74.37 | 72.51 | 43.13 | 226.89 | — | 11.35 | 252.85 |
| Interest coverage | 46.9 | 13.0 | 10.6 | -9.0 | 1.8 | 3.2 | 2.8 | 1.5 | -0.9 | 4.2 |
| Working capital | $322.9M | $55.9M | $563.4M | $1.44B | $806.1M | $633.9M | $584.1M | $635.1M | −$1.7M | $445.1M |
| Invested capital | −$132.4M | −$414.0M | −$235.8M | −$125.2M | −$285.5M | −$117.7M | −$73.0M | −$57.1M | −$30.5M | $31.1M |
| Tangible asset value | $1.05B | $463.8M | $415.7M | $244.2M | $403.8M | $197.6M | $181.4M | $176.6M | $189.0M | $238.8M |
| Net current asset value | $229.7M | −$1.66B | −$528.4M | −$79.9M | $65.0M | −$78.4M | −$28.9M | −$16.3M | −$560.0M | $22.1M |
| Graham number | $205.43 | $83.48 | $68.82 | — | $13.54 | $36.44 | $32.53 | $34.07 | — | $36.69 |
| Graham net-net per share | $6.88 | −$19.37 | −$78.39 | −$85.43 | −$38.42 | −$39.16 | −$21.86 | −$30.85 | −$53.57 | −$9.42 |
| Capital allocation | ||||||||||
| Dividends paid | $19.3M | $16.6M | $13.7M | $15.2M | $14.1M | $12.7M | $13.0M | $11.3M | $13.9M | $12.4M |
| Share buybacks (net) | $1.5M | $1.0M | $784,000 | $88.3M | $1.3M | $6.7M | $20.1M | $21.2M | $45.9M | $20.5M |
| Dividend payout ratio | 6.5% | 15.1% | 17.4% | — | 757.8% | 46.0% | 49.0% | 63.9% | — | 42.9% |
| Dividends + buybacks / free cash flow | 4.7% | 5.4% | 6.5% | — | 16.5% | 27.4% | 64.6% | 124.9% | 444.5% | 37.8% |
| Capex / revenue | 0.4% | 0.5% | 1.2% | 2.1% | 0.8% | 2.3% | 1.2% | 1.1% | 1.2% | 0.3% |
| Capex / operating cash flow | 0.8% | 1.2% | 2.8% | — | 3.4% | 8.3% | 5.3% | 9.1% | 18.1% | 1.0% |
| Capex / depreciation | 0.32 | 0.94 | 0.79 | 1.27 | 0.60 | 0.74 | 0.32 | 0.24 | 0.31 | 0.16 |
| Stock-based compensation / revenue | 1.2% | 1.4% | 1.7% | 3.1% | 3.4% | 2.9% | 2.7% | 2.0% | 1.9% | 1.6% |
| SG&A / revenue | 8.0% | 8.4% | 9.8% | 11.5% | 11.3% | 12.3% | 12.9% | 11.2% | 10.3% | 10.1% |
| Efficiency | ||||||||||
| Days sales outstanding | 195.3 | 283.3 | 431.2 | 336.7 | 147.5 | 221.5 | 233.2 | 222.8 | 120.1 | 31.5 |
| Days of inventory on hand | — | — | -980.5 | -478.3 | -710.5 | -738.6 | -855.1 | -1,612.6 | -1,171.7 | -855.3 |
| Days payables outstanding | 39.5 | 13.8 | 20.7 | 19.0 | 13.3 | 0.1 | 0.1 | 0.0 | 2.9 | 4.8 |
| Cash conversion cycle (days) | 155.8 | 269.5 | -570.0 | -160.6 | -576.3 | -517.2 | -622.0 | -1,389.8 | -1,054.5 | -828.6 |
| Receivables turnover | 1.87 | 1.29 | 0.85 | 1.08 | 2.47 | 1.65 | 1.57 | 1.64 | 3.04 | 11.57 |
| Payables turnover | 9.24 | 26.41 | 17.64 | 19.22 | 27.43 | 2,624.48 | 3,333.58 | 10,225.59 | 124.08 | 76.43 |
| Asset turnover | 0.38 | 0.37 | 0.30 | 0.33 | 0.38 | 0.32 | 0.30 | 0.28 | 0.32 | 0.40 |
| Average receivables | $482.1M | $581.6M | $649.8M | $453.8M | $162.7M | $167.3M | $154.2M | $141.2M | $80.4M | $22.3M |
| Average payables | $26.2M | $18.0M | $19.6M | $24.8M | $11.7M | $81,500 | $45,000 | $14,500 | $1.7M | $2.2M |
| Average inventory | — | — | −$927.9M | −$624.3M | −$625.3M | −$432.8M | −$351.4M | −$655.1M | −$659.0M | −$392.1M |
| Intangibles / total assets | 2.5% | 0.2% | 0.4% | 0.6% | 0.9% | 0.4% | 0.5% | 0.6% | 0.6% | 0.7% |
Computed from HCI's annual financial statements (latest annual report filed February 26, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
HCI valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), HCI traded at 8.3 times earnings, against a 10-year median of 16.2. Based on the latest twelve months, the trailing P/E is 8.6 and the forward P/E is 8.9. HCI earned a return on equity of 40.0% in fiscal 2025. It ended the year with $67.9 million of debt and $1.2 billion in cash and short-term investments, a net cash position of $1.2 billion. It returned $20.8 million to shareholders: $19.3 million in dividends and $1.5 million in share buybacks, 5% of free cash flow. The share count rose 18.5% from 10.9M to 12.9M over 9 years.
See the HCI income statement, the HCI chart for price history, or the HCI stock overview for the latest quote and news.
HCI key metrics FAQ
What is HCI's P/E ratio?
HCI's trailing P/E ratio is 8.6 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 8.9. At the end of fiscal 2025 it was 8.3, compared with a 10-year median of 16.2.
What is HCI's EV/EBITDA?
HCI's enterprise value was 2.9 times EBITDA at the end of fiscal 2025 (enterprise value $1.3 billion, EBITDA $449.7 million).
What is HCI's return on equity?
HCI's return on equity (ROE) was 40.0% in fiscal 2025: net income of $299.0 million on average shareholders' equity of $747.2 million.
How much debt does HCI have?
HCI had total debt of $67.9 million at the end of fiscal 2025, a debt-to-equity ratio of 0.07 and more cash than debt.
What is HCI's dividend yield?
HCI's forward dividend yield is 0.81%. HCI paid $19.3 million in dividends in fiscal 2025 ($1.50 per share), a payout ratio of 6.5%.
Does HCI buy back its shares?
Yes. HCI spent $1.5 million on net share repurchases in fiscal 2025 Shares outstanding changed +1.6% over the year, to 12.9M..
What is HCI's free cash flow yield?
HCI generated $444.4 million of free cash flow in fiscal 2025, a free cash flow yield of 18.0% on its market value at year-end ($2.5 billion).
What is HCI's current ratio?
HCI's current ratio was 1.24 at the end of fiscal 2025: current assets were 1.24 times current liabilities.