The Hartford Financial Services Group
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
23.0810.7320.61-6.538.8110.5110.1010.1613.549.8510.638.81
Price/Sales ratio
0.980.981.001.200.841.050.851.071.101.001.220.84
Price/Book Value ratio
0.981.021.091.511.211.340.941.351.801.611.891.21
Price/Cash Flow ratio
9.766.558.949.365.606.284.535.886.145.845.695.60
Price/Free Cash Flow ratio
10.437.3710.0210.575.856.484.676.086.426.165.885.85
Price/Earnings Growth ratio
0.050.08-0.470.01-0.050.71-0.580.25-0.760.21-1.430.71
Dividend Yield
1.53%1.75%1.80%1.66%2.37%2.07%2.72%2.09%2.13%2.22%1.75%2.07%
Profitability Indicator Ratios
Gross Profit Margin
78.36%79.47%80.14%74.22%77.41%77.91%78.17%78.65%78.40%100%85.04%77.41%
Operating Profit Margin
-2.96%0.04%6.24%-1.54%12.51%11.52%9.71%12.57%13.52%13.48%15.14%12.51%
Pretax Profit Margin
9.12%10.76%4.39%4.25%9.24%12.34%10.32%12.93%10.09%12.59%14.31%9.24%
Net Profit Margin
4.28%9.15%4.89%-18.44%9.53%10.05%8.46%10.58%8.13%10.20%11.64%9.53%
Effective Tax Rate
20.60%15.41%-11.44%136.23%15.28%18.55%18.06%18.33%19.61%18.91%18.68%15.28%
Return on Assets
0.32%0.73%0.40%-1.38%2.90%2.94%2.34%3.09%2.49%3.26%3.72%2.90%
Return On Equity
4.26%9.53%5.30%-23.20%13.79%12.81%9.36%13.28%13.34%16.33%19.08%13.79%
Return on Capital Employed
-2.26%0.03%5.64%-1.44%13.66%3.39%2.71%3.70%4.26%7.95%4.88%4.88%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/A0.00N/AN/AN/AN/A16.86N/A
Quick Ratio
0.020.010.020.230.88128.4696.9898.4429.800.6916.860.88
Cash ratio
0.000.000.000.000.000.370.210.290.100.000.360.00
Days of Sales Outstanding
N/AN/AN/A171.40160.82174.42182.81178.79194.44189.1586.28174.42
Days of Inventory outstanding
N/AN/AN/AN/AN/A-722.58-752.48-757.18-798.46N/AN/AN/A
Operating Cycle
N/AN/AN/A171.40160.82-548.16-569.67-578.39-604.01N/A86.2886.28
Days of Payables Outstanding
2.94K3.06K3.13K68.0765.3960.1657.1152.4749.72N/A57.5060.16
Cash Conversion Cycle
-2.94K-3.06K-3.13K103.3295.43-608.33-626.78-630.86-653.74N/A28.7828.78
Debt Ratios
Debt Ratio
0.020.020.020.020.070.060.050.060.050.050.050.06
Debt Equity Ratio
0.320.300.290.370.350.290.230.270.310.280.250.29
Long-term Debt to Capitalization
0.230.220.210.250.240.210.180.210.240.220.200.21
Total Debt to Capitalization
0.240.230.220.270.260.220.180.210.240.220.200.22
Interest Coverage Ratio
N/AN/AN/AN/AN/A11.63-0.00N/AN/AN/A19.90N/A
Cash Flow to Debt Ratio
0.300.510.420.430.600.710.880.820.910.961.290.60
Company Equity Multiplier
13.0812.9413.2116.694.754.353.994.295.355.004.774.75
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.100.140.110.120.140.160.180.180.170.170.210.14
Free Cash Flow / Operating Cash Flow Ratio
0.930.880.890.880.950.960.970.960.950.940.950.95
Cash Flow Coverage Ratio
0.300.510.420.430.600.710.880.820.910.961.290.60
Short Term Coverage Ratio
4.1310.024.966.836.886.97N/AN/AN/AN/AN/A6.97
Dividend Payout Ratio
35.33%18.78%37.27%-10.89%20.97%21.77%27.51%21.34%28.97%21.92%18.78%21.77%