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Heritage Insurance Holdings (Heritage Insurance Holdings) Pre-Tax Income : $54.7 Mil (TTM As of Mar. 2024)


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What is Heritage Insurance Holdings Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Heritage Insurance Holdings's pretax income for the three months ended in Mar. 2024 was $19.9 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $54.7 Mil. Heritage Insurance Holdings's pretax margin was 10.39%.

During the past 12 years, Heritage Insurance Holdings's highest Pretax Margin was 38.07%. The lowest was -25.08%. And the median was 7.55%.


Heritage Insurance Holdings Pre-Tax Income Historical Data

The historical data trend for Heritage Insurance Holdings's Pre-Tax Income 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.

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Heritage Insurance Holdings Pre-Tax Income Chart

Heritage Insurance Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.00 2.21 -76.03 -166.17 52.01

Heritage Insurance Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.21 13.65 -12.03 33.17 19.87

Competitive Comparison of Heritage Insurance Holdings's Pre-Tax Income

For the Insurance - Property & Casualty subindustry, Heritage Insurance Holdings's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Heritage Insurance Holdings's Pre-Tax Income Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Heritage Insurance Holdings's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Heritage Insurance Holdings's Pre-Tax Income falls into.



Heritage Insurance Holdings Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Heritage Insurance Holdings's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+52.005
=52.0

Heritage Insurance Holdings's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+19.874
=19.9

Pre-Tax Income 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 $54.7 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.


Heritage Insurance Holdings  (NYSE:HRTG) Pre-Tax Income Explanation

Heritage Insurance Holdings's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=19.874/191.302
=10.39%

During the past 12 years, Heritage Insurance Holdings's highest Pretax Margin was 38.07%. The lowest was -25.08%. And the median was 7.55%.

* 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.


Heritage Insurance Holdings Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Heritage Insurance Holdings's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Heritage Insurance Holdings (Heritage Insurance Holdings) Business Description

Traded in Other Exchanges
Address
1401 N. Westshore Boulevard, Tampa, FL, USA, 33607
Heritage Insurance Holdings Inc is a regional property and casualty insurance company that offers a variety of personal and commercial insurance products. Through its subsidiaries, Heritage Property & Casualty Insurance, Narragansett Bay Insurance, and Zephyr Insurance, the company issues personal residential property insurance in more than 10 states in the United States. It also offers commercial residential insurance primarily for its Florida properties. Heritage Insurance manages insurance underwriting, customer services, actuarial analysis, distribution, and claims processing internally.
Executives
Paul L Whiting director 2910 BAY TO BAY BLVD #200, TAMPA FL 33629
Ernie J Garateix officer: Chief Operating Officer 2600 MCCORMICK DRIVE, SUITE 300, CLEARWATER IL 33759
Richard A Widdicombe director, officer: President P O BOX 407193, FORT LAUDERDALE FL 33340
Raymond T Hyer 10 percent owner 3919 E 7TH AVENUE, TAMPA FL 33605
Timothy Moura officer: See Remarks C/O 2600 MCCORMICK DRIVE, SUITE 300, CLEARWATER FL 33301
Kirk Lusk officer: Chief Financial Officer 2600 MCCORMICK DRIVE, SUITE 300, CLEARWATER FL 33759
Sean W Poole other: Member of Group 3919 E 7TH AVE, TAMPA FL 33605
Tara K Tira other: Member of Group 3919 E 7TH AVENUE, TAMPA FL 33605
Kathleen A Hyer other: Member of Group 3919 E 7TH AVENUE, TAMPA FL 33605
Hyer Family Partnership, Llc other: Member of Group 3919 E 7TH AVE, TAMPA FL 33605
Futura Circuits Corp. other: Member of Group 3919 E 7TH AVE, TAMPA FL 33605
Steven C. Martindale officer: Chief Financial Officer C/O HERITAGE INSURANCE HOLDINGS, INC., 2600 MCCORMICK DRIVE SUITE 300, CLEARWATER FL 33759
Timothy E. Johns officer: See Remarks C/O HEI, P.O. BOX 730, HONOLULU HI 96808
Bruce Lucas director, officer: Chairman & CEO 2109 E. PALM AVENUE, TAMPA FL 33605
Mark S Berset director 700 CENTRAL AVE, SAINT PETERSBURG FL 33701