Income Tax
The Hartford Financial Services Group Income Tax decreased by 28.7% to $201.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 31.4%, from $153.00M to $201.00M. Over 4 years (FY 2021 to FY 2025), Income Tax shows an upward trend with a 14.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.
Detailed definition
The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...
Peer comparison
Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.
income_tax_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $205.00M | $101.00M | $174.00M | $98.00M | $110.00M | $92.00M | $143.00M | $118.00M | $125.00M | $162.00M | $179.00M | $158.00M | $174.00M | $185.00M | $221.00M | $153.00M | $251.00M | $238.00M | $282.00M | $201.00M |
| QoQ Change | — | -50.7% | +72.3% | -43.7% | +12.2% | -16.4% | +55.4% | -17.5% | +5.9% | +29.6% | +10.5% | -11.7% | +10.1% | +6.3% | +19.5% | -30.8% | +64.1% | -5.2% | +18.5% | -28.7% |
| YoY Change | — | — | — | — | -46.3% | -8.9% | -17.8% | +20.4% | +13.6% | +76.1% | +25.2% | +33.9% | +39.2% | +14.2% | +23.5% | -3.2% | +44.3% | +28.6% | +27.6% | +31.4% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| P&C Business Insurance | $130.00M | $134.00M | $183.00M | $122.00M | $176.00M | $180.00M | $234.00M | $136.00M |
| P&C Personal Insurance | -$4.00M | $8.00M | $37.00M | $0.00 | $23.00M | $35.00M | $55.00M | $35.00M |
| Employee Benefits | $44.00M | $38.00M | $33.00M | $34.00M | $39.00M | $36.00M | $34.00M | $30.00M |
| Hartford Funds | $14.00M | $13.00M | $13.00M | $12.00M | $14.00M | $15.00M | $15.00M | $13.00M |
| Property & Casualty Other Operations | $3.00M | $1.00M | -$40.00M | $3.00M | $2.00M | $4.00M | -$38.00M | $11.00M |
| Total | $174.00M | $185.00M | $221.00M | $153.00M | $251.00M | $238.00M | $282.00M | $201.00M |
Group Benefits, P&C Commercial Lines, P&C Personal Lines, Reportable Segment, Aggregation before Other Operating Segment are derived from annual filings.
Income Tax at Other Companies
Frequently Asked Questions
- What is The Hartford Financial Services Group's income tax?
- The Hartford Financial Services Group (HIG) reported income tax of $201.00M in Q1 2026.
- How has The Hartford Financial Services Group's income tax changed year-over-year?
- The Hartford Financial Services Group's income tax increased by 31.4% year-over-year, from $153.00M to $201.00M.
- What is the long-term trend for The Hartford Financial Services Group's income tax?
- Over 4 years (2021 to 2025), The Hartford Financial Services Group's income tax has grown at a 14.7% compound annual growth rate (CAGR), from $534.00M to $924.00M.
- What does income tax mean?
- The amount of money a company sets aside to pay its corporate income taxes.