HCI (HCI)
Market Price (5/2/2026): $152.26 | Market Cap: $1.9 BilSector: Financials | Industry: Property & Casualty Insurance
HCI (HCI)
Market Price (5/2/2026): $152.26Market Cap: $1.9 BilSector: FinancialsIndustry: Property & Casualty Insurance
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 17%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 13%, FCF Yield is 23% Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -62% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 49%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 49% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -28% Low stock price volatilityVol 12M is 33% Megatrend and thematic driversMegatrends include Artificial Intelligence, AI in Financial Services, and Digital Transformation in Financial Services. Themes include AI Software Platforms, Show more. | Weak multi-year price returns2Y Excs Rtn is -6.0% | Key risksHCI key risks include [1] significant exposure to catastrophic losses from its concentration of insured properties in Florida and [2] the escalating cost and potential unavailability of reinsurance to manage this concentrated risk. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 17%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 13%, FCF Yield is 23% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -62% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 49%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 49% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -28% |
| Low stock price volatilityVol 12M is 33% |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, AI in Financial Services, and Digital Transformation in Financial Services. Themes include AI Software Platforms, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -6.0% |
| Key risksHCI key risks include [1] significant exposure to catastrophic losses from its concentration of insured properties in Florida and [2] the escalating cost and potential unavailability of reinsurance to manage this concentrated risk. |
Qualitative Assessment
AI Analysis | Feedback
null
Show more
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →
Stock Movement Drivers
Fundamental Drivers
The -3.8% change in HCI stock from 1/31/2026 to 5/1/2026 was primarily driven by a -34.3% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 5012026 | Change |
|---|---|---|---|
| Stock Price ($) | 158.26 | 152.30 | -3.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 817 | 902 | 10.4% |
| Net Income Margin (%) | 25.0% | 33.2% | 32.8% |
| P/E Multiple | 9.7 | 6.4 | -34.3% |
| Shares Outstanding (Mil) | 12 | 13 | -0.1% |
| Cumulative Contribution | -3.8% |
Market Drivers
1/31/2026 to 5/1/2026| Return | Correlation | |
|---|---|---|
| HCI | -3.8% | |
| Market (SPY) | 3.6% | 15.2% |
| Sector (XLF) | -2.3% | 29.2% |
Fundamental Drivers
The -25.0% change in HCI stock from 10/31/2025 to 5/1/2026 was primarily driven by a -60.3% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 5012026 | Change |
|---|---|---|---|
| Stock Price ($) | 203.01 | 152.30 | -25.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 776 | 902 | 16.3% |
| Net Income Margin (%) | 18.6% | 33.2% | 78.5% |
| P/E Multiple | 16.1 | 6.4 | -60.3% |
| Shares Outstanding (Mil) | 11 | 13 | -8.8% |
| Cumulative Contribution | -25.0% |
Market Drivers
10/31/2025 to 5/1/2026| Return | Correlation | |
|---|---|---|
| HCI | -25.0% | |
| Market (SPY) | 5.5% | 16.7% |
| Sector (XLF) | -0.0% | 28.6% |
Fundamental Drivers
The 5.1% change in HCI stock from 4/30/2025 to 5/1/2026 was primarily driven by a 126.0% change in the company's Net Income Margin (%).| (LTM values as of) | 4302025 | 5012026 | Change |
|---|---|---|---|
| Stock Price ($) | 144.86 | 152.30 | 5.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 749 | 902 | 20.3% |
| Net Income Margin (%) | 14.7% | 33.2% | 126.0% |
| P/E Multiple | 13.4 | 6.4 | -52.3% |
| Shares Outstanding (Mil) | 10 | 13 | -18.9% |
| Cumulative Contribution | 5.1% |
Market Drivers
4/30/2025 to 5/1/2026| Return | Correlation | |
|---|---|---|
| HCI | 5.1% | |
| Market (SPY) | 30.4% | 14.9% |
| Sector (XLF) | 8.1% | 31.7% |
Fundamental Drivers
The 215.5% change in HCI stock from 4/30/2023 to 5/1/2026 was primarily driven by a 157.6% change in the company's P/S Multiple.| (LTM values as of) | 4302023 | 5012026 | Change |
|---|---|---|---|
| Stock Price ($) | 48.28 | 152.30 | 215.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 492 | 902 | 83.3% |
| P/S Multiple | 0.8 | 2.1 | 157.6% |
| Shares Outstanding (Mil) | 8 | 13 | -33.2% |
| Cumulative Contribution | 215.5% |
Market Drivers
4/30/2023 to 5/1/2026| Return | Correlation | |
|---|---|---|
| HCI | 215.5% | |
| Market (SPY) | 78.7% | 17.0% |
| Sector (XLF) | 64.3% | 25.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| HCI Return | 63% | -51% | 127% | 35% | 66% | -20% | 226% |
| Peers Return | 27% | 11% | 16% | 31% | 13% | 0% | 145% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 5% | 92% |
Monthly Win Rates [3] | |||||||
| HCI Win Rate | 67% | 42% | 83% | 67% | 67% | 25% | |
| Peers Win Rate | 57% | 53% | 62% | 68% | 60% | 45% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| HCI Max Drawdown | -1% | -65% | -2% | -3% | -5% | -22% | |
| Peers Max Drawdown | -6% | -11% | -14% | -1% | -7% | -9% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: HIG, FNF, CB, PGR, TRV.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/1/2026 (YTD)
How Low Can It Go
| Event | HCI | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -19.9% | -9.5% |
| % Gain to Breakeven | 24.8% | 10.5% |
| Time to Breakeven | 58 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -65.6% | -24.5% |
| % Gain to Breakeven | 190.4% | 32.4% |
| Time to Breakeven | 388 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -28.3% | -33.7% |
| % Gain to Breakeven | 39.4% | 50.9% |
| Time to Breakeven | 64 days | 140 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -17.4% | -3.7% |
| % Gain to Breakeven | 21.1% | 3.9% |
| Time to Breakeven | 35 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -30.0% | -12.2% |
| % Gain to Breakeven | 42.8% | 13.9% |
| Time to Breakeven | 376 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -26.6% | -6.8% |
| % Gain to Breakeven | 36.2% | 7.3% |
| Time to Breakeven | 335 days | 15 days |
In The Past
HCI's stock fell -1.1% during the 2025 US Tariff Shock. Such a loss loss requires a 1.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | HCI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -65.6% | -24.5% |
| % Gain to Breakeven | 190.4% | 32.4% |
| Time to Breakeven | 388 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -28.3% | -33.7% |
| % Gain to Breakeven | 39.4% | 50.9% |
| Time to Breakeven | 64 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -30.0% | -12.2% |
| % Gain to Breakeven | 42.8% | 13.9% |
| Time to Breakeven | 376 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -26.6% | -6.8% |
| % Gain to Breakeven | 36.2% | 7.3% |
| Time to Breakeven | 335 days | 15 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -23.9% | -15.4% |
| % Gain to Breakeven | 31.4% | 18.2% |
| Time to Breakeven | 82 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -28.5% | -53.4% |
| % Gain to Breakeven | 39.9% | 114.4% |
| Time to Breakeven | 238 days | 1085 days |
In The Past
HCI's stock fell -1.1% during the 2025 US Tariff Shock. Such a loss loss requires a 1.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About HCI (HCI)
HCI Group, Inc., together with its subsidiaries, engages in the property and casualty insurance, reinsurance, real estate, and information technology businesses in Florida. It provides residential insurance products, such as homeowners, fire, flood, and wind-only insurance to homeowners, condominium owners, and tenants for properties, as well as offers reinsurance programs. The company also owns and operates waterfront properties and retail shopping centers, and an office building, as well as commercial properties for investment purposes. In addition, it designs and develops web-based applications and products for mobile devices, including SAMS, an online policy administration platform; Harmony, a policy administration platform; ClaimColony, an end-to-end claims management platform; and AtlasViewer, a mapping and data visualization platform. The company was formerly known as Homeowners Choice, Inc. and changed its name to HCI Group, Inc. in May 2013. HCI Group, Inc. was incorporated in 2006 and is headquartered in Tampa, Florida.
AI Analysis | Feedback
Here are a few analogies for HCI:
- Like a State Farm for Florida, but they also own and manage commercial real estate.
- An insurance company similar to Allstate, but with its own in-house tech division that builds software platforms for the insurance industry.
AI Analysis | Feedback
- Property and Casualty Insurance: Offers residential insurance products such as homeowners, fire, flood, and wind-only coverage to various property owners.
- Reinsurance Programs: Provides reinsurance programs to other insurance companies.
- Real Estate Investment and Operation: Owns and operates waterfront properties, retail shopping centers, an office building, and other commercial properties for investment.
- Information Technology Platforms: Designs and develops web-based applications including SAMS and Harmony for policy administration, ClaimColony for claims management, and AtlasViewer for mapping and data visualization.
AI Analysis | Feedback
```htmlHCI Group, Inc. serves a diverse customer base across its various business segments. While it sells directly to individuals for its core residential insurance products, it also has significant business-to-business (B2B) relationships through its reinsurance, real estate, and information technology operations. Given its origin as "Homeowners Choice, Inc." and its primary offering of residential insurance, it primarily serves individuals for its foundational business.
HCI Group, Inc. serves the following three major categories of customers:
- Individual Policyholders: This category includes homeowners, condominium owners, and tenants who purchase residential insurance products such as homeowners, fire, flood, and wind-only insurance for their properties.
- Commercial Tenants: These are businesses that lease space in HCI's real estate portfolio, which includes retail shopping centers, an office building, and other commercial properties.
- Other Insurance Companies: This category comprises other insurance carriers that utilize HCI's reinsurance programs or purchase its specialized information technology platforms and products, such as SAMS, Harmony, ClaimColony, and AtlasViewer, for policy administration, claims management, and data visualization.
AI Analysis | Feedback
nullAI Analysis | Feedback
Paresh Patel, Chief Executive Officer and Chairman of the Board
Paresh Patel is the founder and Chief Executive Officer of HCI Group, Inc.. He co-founded the company, originally known as Homeowners Choice, Inc., in 2006. Mr. Patel also serves as Chairman of the Board for TypTap Insurance Company. He leveraged his extensive software development experience to design and continues to oversee HCI's policy administration systems. Previously, he founded NorthStar Bank in Tampa, Florida, and was on the Board of Directors of its parent company, NorthStar Banking Corporation, from 2006 to 2011. He also served as president of Scorpio Systems, Inc., a software development company, and chairman of the board of First Home Bancorp, Inc.. He was also a director of customer care and billing with Global Crossing.
Mark Harmsworth, Chief Financial Officer
Mark Harmsworth is the Chief Financial Officer for HCI Group, Inc., having joined the company in 2016 as Senior Vice President of Finance and assuming the CFO role in May 2017. He is a certified public accountant. Prior to joining HCI Group, Mr. Harmsworth was a consultant to the CEO and Board of Directors for Stewart Information Services (NYSE: STC). His career also includes serving as chief financial officer of First American Title Insurance Company and senior executive vice president of First Canadian Title Insurance Company.
Karin Coleman, Chief Operating Officer, President of Homeowners Choice
Karin Coleman serves as the Chief Operating Officer of HCI Group, Inc. and is the President of Homeowners Choice. She is also a director for HCI Group, Inc..
Andrew L. Graham, General Counsel and Corporate Secretary
Andrew L. Graham is the General Counsel and Corporate Secretary for HCI Group, Inc., a position he has held since joining the company in 2008. Before HCI Group, he held various roles, including general counsel, at Trinsic, Inc., a Nasdaq-listed provider of telephone services. He also serves as a director for LM Funding America, Inc., a Nasdaq-listed specialty finance company.
Anthony Saravanos, President of Greenleaf Capital, LLC
Anthony Saravanos is the President of Greenleaf Capital, LLC, which is HCI's real estate subsidiary. He is also a Director for HCI Group, Inc.. He is a licensed real estate broker and a Certified Commercial Investment Member.
AI Analysis | Feedback
Here are the key risks to HCI Group, Inc.'s business:
- Exposure to Catastrophic Events and Geographic Concentration in Florida: HCI Group's significant concentration in Florida, a region highly susceptible to hurricanes and other severe weather events, presents a major risk. This geographic focus exposes the company to substantial losses, leading to potential volatility in its earnings per share and book value. Climate change is also noted as a factor that could increase the frequency and severity of such events, further pressuring the company's financial performance. For instance, the company reported a net loss in Q1 2024 and in 2023 due to weather-related events.
- Rising Reinsurance Costs and Availability: The escalating cost and tightening availability of reinsurance, particularly in the Florida market, pose a significant threat to HCI's financial stability and growth. Reinsurance is a crucial tool for managing risk from catastrophic events, but projected rate increases for property catastrophe risks directly translate into higher operational expenses, which can impact profitability if not fully passed on to policyholders. HCI's reliance on reinsurance means that fluctuations in its availability and cost directly affect the company's financial health.
- High Litigation Frequency and Social Inflation in Florida: HCI Group faces challenges from the high frequency of litigation and "social inflation" in Florida, which drives up claims expenses. This persistent issue puts pressure on underwriting performance and can lead to unpredictable earnings.
AI Analysis | Feedback
nullAI Analysis | Feedback
Here are the addressable market sizes for HCI Group, Inc.'s main products and services:
Property and Casualty Insurance
- The direct premiums for the property and casualty insurance market in Florida totaled approximately $71 billion in 2024. The entire U.S. property and casualty industry recorded direct premiums earned of $780 billion in 2024.
- The Property, Casualty and Direct Insurance industry in Florida has experienced an average annual growth rate of 3.7% from 2020 to 2025.
- As of Q4 2023, there were approximately 7.45 million residential insurance policies in force in the Florida property market.
Reinsurance Programs
- The U.S. reinsurance market was valued at approximately USD 220.05 billion in 2024 and is projected to reach USD 630.10 billion by 2034.
- Globally, the reinsurance market size was valued at USD 711.75 billion in 2024 and is projected to reach USD 2000.08 billion by 2034.
- North America contributed more than 44% of the global reinsurance market's revenue share in 2024. The U.S. alone accounted for approximately USD 137.7 billion in revenue in 2025, dominating the North American reinsurance market with about a 91% share.
Real Estate
- **Commercial Real Estate (Florida):** Total commercial sales across Southeast Florida reached $16.0 billion in 2025. The Florida commercial real estate market is noted for outperforming national averages.
- **Retail Real Estate (Florida):** Florida's retail property market is thriving in 2025, with over 1.3 billion square feet of retail inventory. In South Florida, the regional retail vacancy rate has been remarkably low, ranging between 3.2% and 3.5%. In Miami, the retail market's total asset value was $66.1 billion with a 12-month sales volume of $1.2 billion as of Q4 2023.
- **Office Real Estate (Florida):** Sales of regional office buildings in South Florida totaled nearly $2 billion between January and September 2025. The Miami office market is recognized as a national leader in terms of low vacancy rates and high rent growth as of mid-2025.
Information Technology Products
- **Policy Administration Platforms (SAMS, Harmony):** The global Insurance Policy Administration Systems Software Market was valued at USD 2.84 billion in 2024 and is projected to reach USD 5.79 billion by 2032.
- **Claims Management Platform (ClaimColony):** The claims processing software market size was approximately $45.44 billion in 2025 and is expected to grow to $70.41 billion in 2030. North America was the largest region in this market in 2025, holding approximately 45% of the global market share.
- **Data Visualization Platform (AtlasViewer):** The global enterprise data visualization platform market was valued at USD 8.8 billion in 2024. In 2024, the U.S. market within North America for enterprise data visualization platforms generated approximately USD 10.5 billion in revenue, holding around 81.3% market share.
AI Analysis | Feedback
Expected Drivers of Future Revenue Growth for HCI Group, Inc. (HCI)
HCI Group, Inc. (NYSE: HCI) is positioned for future revenue growth over the next 2-3 years, driven by several key factors across its diversified business segments. These drivers primarily stem from the expansion of its core insurance operations, strategic leveraging of its technology platforms, and growth within its real estate portfolio, further supported by a favorable regulatory and market environment in Florida. Firstly, a significant driver of revenue growth is the **expansion of its insurance portfolio through a higher volume of policies in force**. HCI has demonstrated consistent growth in gross premiums earned, directly linked to an increased volume of insurance policies. A crucial component of this expansion strategy includes the **assumption of policies from Florida's state-backed Citizens Property Insurance Corporation**. For example, HCI assumed approximately 47,000 Citizens policies in Q4 2025, contributing to its projected growth for 2026. Secondly, the company anticipates growth through its **real estate operations**. HCI owns and operates a portfolio of waterfront properties, retail shopping centers, and commercial properties, with management highlighting continued growth in this segment. The company's Greenleaf Capital subsidiary manages these assets, holding premier commercial properties in growing areas of Florida, which are expected to contribute to revenue. Thirdly, HCI is focused on **leveraging its technology platforms, such as Exzeo**, for growth. The company emphasizes technology-driven growth across its operations. The successful initial public offering (IPO) of Exzeo (now Exio) and the continued onboarding of new carriers to its insurance technology platform suggest a pathway for revenue generation, either directly through technology services or indirectly by enhancing the efficiency and profitability of its underwriting activities. Finally, **favorable legislative reforms in Florida and a softening reinsurance market** are expected to support improved loss trends and margins for HCI's insurance businesses. While these factors do not directly generate new revenue, they enhance the profitability of the core insurance offerings, which can enable more competitive pricing, increased underwriting capacity, and a stronger financial position to pursue further premium growth and market expansion.AI Analysis | Feedback
Share Repurchases
- HCI Group, Inc. authorized an $80 million share repurchase program on March 3, 2026, which is valid for one year.
- The program permits repurchases through various methods, including open market purchases, block transactions, and privately negotiated transactions.
- The timing and amount of repurchases are at management's discretion, subject to market and business conditions.
Share Issuance
- In December 2023, HCI Group announced the pricing of a public secondary offering of 1 million shares of its common stock at $78 per share, with HCI Group being the seller of these shares.
- HCI Group's subsidiary, Exzeo Group, Inc., launched an initial public offering (IPO) in October 2025, offering 8 million shares.
- HCI Group retained a majority ownership of 82% in Exzeo post-IPO, representing an approximate $1.2 billion stake.
Outbound Investments
- In December 2021, HCI Group reached an agreement to acquire United Insurance Holdings Corp.'s personal lines insurance business in Georgia, North Carolina, and South Carolina, representing approximately $90 million of annual premiums.
- As part of this transaction, HCI provided 85% quota share reinsurance and paid provisional ceding commissions.
- HCI Group is actively exploring new growth opportunities through both organic expansion and strategic acquisitions for 2026.
Latest Trefis Analyses
Trade Ideas
Select ideas related to HCI.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 04302026 | EEFT | Euronet Worldwide | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 04242026 | HOMB | Home BancShares | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 1.5% | 1.5% | 0.0% |
| 03312026 | HBAN | Huntington Bancshares | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 7.1% | 7.1% | 0.0% |
| 03312026 | NP | Neptune Insurance | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 3.9% | 3.9% | 0.0% |
| 03272026 | JKHY | Jack Henry & Associates | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.3% | 0.3% | -4.0% |
| 06302025 | HCI | HCI | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 27.3% | 1.7% | -9.4% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 175.81 |
| Mkt Cap | 51.5 |
| Rev LTM | 38,696 |
| Op Inc LTM | - |
| FCF LTM | 8,632 |
| FCF 3Y Avg | 7,879 |
| CFO LTM | 8,713 |
| CFO 3Y Avg | 7,950 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.4% |
| Rev Chg 3Y Avg | 10.2% |
| Rev Chg Q | 11.3% |
| QoQ Delta Rev Chg LTM | 2.6% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 24.1% |
| CFO/Rev 3Y Avg | 23.1% |
| FCF/Rev LTM | 24.1% |
| FCF/Rev 3Y Avg | 23.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 51.5 |
| P/S | 1.3 |
| P/Op Inc | - |
| P/EBIT | 7.6 |
| P/E | 9.8 |
| P/CFO | 6.0 |
| Total Yield | 12.2% |
| Dividend Yield | 1.4% |
| FCF Yield 3Y Avg | 15.7% |
| D/E | 0.1 |
| Net D/E | -0.5 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 2.0% |
| 3M Rtn | -1.4% |
| 6M Rtn | 6.6% |
| 12M Rtn | 9.6% |
| 3Y Rtn | 75.7% |
| 1M Excs Rtn | -8.0% |
| 3M Excs Rtn | -5.6% |
| 6M Excs Rtn | 2.0% |
| 12M Excs Rtn | -21.0% |
| 3Y Excs Rtn | 0.9% |
Price Behavior
Price Behavior
| Market Price | $152.30 | |
| Market Cap ($ Bil) | 1.9 | |
| First Trading Date | 09/15/2008 | |
| Distance from 52W High | -25.8% | |
| 50 Days | 200 Days | |
| DMA Price | $158.35 | $169.46 |
| DMA Trend | indeterminate | down |
| Distance from DMA | -3.8% | -10.1% |
| 3M | 1YR | |
| Volatility | 28.8% | 33.0% |
| Downside Capture | 0.20 | 0.11 |
| Upside Capture | 11.16 | 21.46 |
| Correlation (SPY) | 14.8% | 14.9% |
HCI Betas & Captures as of 4/30/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.55 | 0.28 | 0.27 | 0.39 | 0.39 | 0.44 |
| Up Beta | -0.08 | 0.23 | 0.48 | 0.98 | 0.48 | 0.20 |
| Down Beta | -3.78 | 0.01 | 0.56 | 0.66 | 0.84 | 0.58 |
| Up Capture | 55% | -6% | 10% | -20% | 14% | 43% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 11 | 17 | 28 | 58 | 127 | 390 |
| Down Capture | 572% | 85% | 13% | 43% | 23% | 62% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 11 | 26 | 36 | 67 | 125 | 362 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HCI | |
|---|---|---|---|---|
| HCI | 5.2% | 32.9% | 0.19 | - |
| Sector ETF (XLF) | 8.2% | 14.7% | 0.32 | 31.7% |
| Equity (SPY) | 30.6% | 12.5% | 1.88 | 14.9% |
| Gold (GLD) | 39.5% | 27.2% | 1.20 | 2.1% |
| Commodities (DBC) | 51.5% | 17.9% | 2.20 | -3.1% |
| Real Estate (VNQ) | 13.1% | 13.5% | 0.67 | 20.4% |
| Bitcoin (BTCUSD) | -18.2% | 42.1% | -0.36 | 5.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HCI | |
|---|---|---|---|---|
| HCI | 18.5% | 43.0% | 0.53 | - |
| Sector ETF (XLF) | 9.8% | 18.7% | 0.40 | 29.8% |
| Equity (SPY) | 12.8% | 17.1% | 0.59 | 24.0% |
| Gold (GLD) | 20.5% | 17.9% | 0.94 | 1.1% |
| Commodities (DBC) | 14.3% | 19.1% | 0.61 | -0.3% |
| Real Estate (VNQ) | 3.5% | 18.8% | 0.09 | 23.8% |
| Bitcoin (BTCUSD) | 7.4% | 56.1% | 0.35 | 11.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HCI | |
|---|---|---|---|---|
| HCI | 20.5% | 41.7% | 0.59 | - |
| Sector ETF (XLF) | 12.6% | 22.2% | 0.52 | 33.1% |
| Equity (SPY) | 14.9% | 17.9% | 0.71 | 28.4% |
| Gold (GLD) | 13.6% | 15.9% | 0.71 | -1.0% |
| Commodities (DBC) | 9.7% | 17.7% | 0.46 | 2.4% |
| Real Estate (VNQ) | 5.7% | 20.7% | 0.24 | 26.7% |
| Bitcoin (BTCUSD) | 67.4% | 66.9% | 1.07 | 8.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/6/2025 | -7.0% | -5.8% | -10.7% |
| 8/7/2025 | 1.8% | 14.3% | 27.2% |
| 5/8/2025 | 7.9% | 6.0% | 4.5% |
| 2/27/2025 | 6.2% | 8.8% | 21.4% |
| 11/7/2024 | 2.8% | -0.5% | 1.3% |
| 3/7/2024 | 13.8% | 12.7% | 16.9% |
| 11/7/2023 | 21.5% | 22.5% | 37.2% |
| 3/8/2022 | 7.7% | 17.1% | 13.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 10 | 11 |
| # Negative | 2 | 4 | 3 |
| Median Positive | 7.9% | 15.1% | 16.9% |
| Median Negative | -9.2% | -3.9% | -10.7% |
| Max Positive | 28.2% | 23.0% | 37.2% |
| Max Negative | -11.4% | -17.8% | -19.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/26/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 02/28/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 03/08/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 03/10/2023 | 10-K |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| 03/31/2022 | 05/06/2022 | 10-Q |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.