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The Hartford Financial Services Group HIG Employee Benefits — Income Tax

Other segment segments

P&C Business Insurance
$136M+11.5%
P&C Personal Insurance
$35M
Hartford Funds
$13M+8.3%
Property & Casualty Other Operations
$11M+267%

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AOMRIncome tax expense (benefit)
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HMNSupplemental & Group Benefits — Income Tax
$3.6M-5.3%

Other financials

Income statement

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Revenue$7.2B+6.1%
Net income$856.0M+35.9%
EPS (diluted)$3.04+41.4%

Balance sheet

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Cash & equivalents$166.0M+20.3%
Total debt$4.4B+0.1%
Total equity$18.9B+12.1%
Total assets$86.3B+4.9%

Cash flow

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Operating cash flow$1.0B+6.1%
CapEx$31.0M-18.4%
Free cash flow$1.0B+7.1%

Valuation

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Market cap$36.7B+2.1%
Enterprise value$40.91B+1.9%
P/E-2.0×
P/S1.3×0.0×

Profitability

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Net margin14.1%+3.0pp
FCF margin20.2%-0.8pp

Returns & leverage

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Return on equity22.7%+4.2pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by The Hartford Financial Services Group in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: The Hartford Financial Services Group’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is The Hartford Financial Services Group's employee benefits — income tax?
The Hartford Financial Services Group (HIG) reported employee benefits — income tax of $30M in Q1 2026.
How has The Hartford Financial Services Group's employee benefits — income tax changed year-over-year?
The Hartford Financial Services Group's employee benefits — income tax decreased by 11.8% year-over-year, from $34M to $30M.
What is the long-term trend for The Hartford Financial Services Group's employee benefits — income tax?
Over 3 years (2022 to 2025), The Hartford Financial Services Group's employee benefits — income tax has grown at a 24.0% compound annual growth rate (CAGR), from $75M to $143M.
What does employee benefits — income tax mean?
This represents the portion of the Employee Benefits segment's pre-tax earnings allocated to federal, state, and local income tax obligations. It reflects the tax burden associated with the segment's operational profitability after accounting for applicable tax credits and adjustments.