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Hamilton Insurance Group (Hamilton Insurance Group) EBIT : $500 Mil (TTM As of Mar. 2024)


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What is Hamilton Insurance Group EBIT?

Hamilton Insurance Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $284 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $500 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hamilton Insurance Group's annualized ROC % for the quarter that ended in Mar. 2024 was 20.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hamilton Insurance Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 54.45%.


Hamilton Insurance Group EBIT Historical Data

The historical data trend for Hamilton Insurance Group's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hamilton Insurance Group EBIT Chart

Hamilton Insurance Group Annual Data
Trend Nov20 Nov21 Dec22 Dec23
EBIT
-155.12 277.10 -11.09 276.66

Hamilton Insurance Group Quarterly Data
Nov20 Nov21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.10 49.43 60.32 106.80 283.63

Competitive Comparison of Hamilton Insurance Group's EBIT

For the Insurance - Reinsurance subindustry, Hamilton Insurance Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hamilton Insurance Group's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hamilton Insurance Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hamilton Insurance Group's EV-to-EBIT falls into.



Hamilton Insurance Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $500 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hamilton Insurance Group  (NYSE:HG) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Hamilton Insurance Group's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=1134.528 * ( 1 - 0.21% )/( (5369.8727 + 5643.84175)/ 2 )
=1132.1454912/5506.857225
=20.56 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=6671.355 - 532.283 - ( 794.509 - 5% * 506.194 )
=5369.8727

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=7349.025 - 653.675 - ( 1085.038 - 5% * 670.595 )
=5643.84175

Note: The EBIT data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Hamilton Insurance Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=500.182/918.571
=54.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hamilton Insurance Group EBIT Related Terms

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Hamilton Insurance Group (Hamilton Insurance Group) Business Description

Comparable Companies
Traded in Other Exchanges
Address
90 Pitts Bay Road, Wellesley House North, 1st Floor, Pembroke, BMU, HM 08
Hamilton Insurance Group Ltd is a Global specialty insurance and reinsurance company. It operates globally, with underwriting operations in Lloyd's, Ireland, Bermuda, and the United States. It operates three principal underwriting platforms (Hamilton Global Specialty, Hamilton Select and Hamilton Re) that are categorized into two reporting business segments (International and Bermuda).