Heritage Insurance Holdings

Heritage Insurance Is Based In Clearwater, Florida. We offer home, condo, rental property, and commercial residential insurance through a large network of experienced independent agents. Our team is committed to providing homeowners with the highest quality property insurance along with some of the most competitive rates in Florida. Experience That Matters. The management team at Heritage has over 500 years of combined experience in the Florida Homeowners Insurance market. We understand the importance of customer service, which is why our staff is always available to handle any question or claim. We know the importance of getting families back to normal as quickly as possible.
Company Growth (employees)
Type
Public
HQ
Clearwater, US
Size (employees)
308 (est)+25%
Heritage Insurance Holdings is headquartered in Clearwater, US

Heritage Insurance Holdings Office Locations

Heritage Insurance Holdings has an office in Clearwater
Clearwater, US (HQ)
300 2600 McCormick Dr

Heritage Insurance Holdings Data and Metrics

Heritage Insurance Holdings Financial Metrics

Heritage Insurance Holdings's revenue was reported to be $99.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

99.3 m

Net income (Q1, 2017)

6 m

EBIT (Q1, 2017)

11.9 m

Market capitalization (22-Aug-2017)

323 m

Cash (31-Mar-2017)

104.7 m
Heritage Insurance Holdings's current market capitalization is $323 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

5.6 m394.8 m439 m

Revenue growth, %

6912%11%

General and administrative expense

7.9 m46.1 m58.9 m

Operating expense total

7.9 m46.1 m58.9 m

EBIT

56.8 m

EBIT margin, %

13%

Interest expense

829 k321 k

Pre tax profit

(4.6 m)150.3 m56.4 m

Income tax expense

859 k57.8 m22.5 m

Net Income

(5.5 m)92.5 m33.9 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

58 m105.1 m99.1 m89.2 m111.6 m115.3 m109.3 m99.3 m

General and administrative expense

7.1 m11.2 m11.9 m10.2 m14.4 m16 m14.2 m17.3 m

Operating expense total

7.1 m11.2 m11.9 m10.2 m14.4 m16 m14.2 m17.3 m

EBIT

11.9 m

EBIT margin, %

12%

Interest expense

1.9 m

Pre tax profit

16.1 m48.3 m41 m27.7 m12 m29.8 m18.6 m9.7 m

Income tax expense

6.1 m18.2 m15.6 m10.9 m4.6 m11.4 m7.7 m3.7 m

Net Income

10 m30.1 m25.4 m16.8 m7.4 m18.4 m10.9 m6 m
USDFY, 2014FY, 2015FY, 2016

Cash

160.5 m236.3 m105.8 m

Accounts Receivable

13.4 m

Inventories

41.6 m

PP&E

17.1 m17.1 m17.2 m

Goodwill

46.5 m

Total Assets

615 m837.4 m1 b

Accounts Payable

116.5 m102 m

Total Liabilities

675.3 m

Additional Paid-in Capital

188.3 m202.6 m205.7 m

Retained Earnings

65 m156 m182.8 m

Total Equity

255.1 m356.6 m358 m

Financial Leverage

2.4 x2.3 x2.9 x
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

101.6 m160.8 m131.7 m201.3 m168.9 m143 m130.8 m104.7 m

Inventories

251.1 m402.7 m438.7 m395.7 m481.2 m550.1 m549.8 m605.8 m

PP&E

16.7 m17.7 m17.4 m17.4 m17.5 m17.9 m17.6 m16.9 m

Goodwill

47.3 m48.8 m48.3 m46.5 m

Total Assets

522.8 m668.6 m854.1 m855 m879 m1.1 b1.1 b955.4 m

Additional Paid-in Capital

184 m190 m193.2 m198.6 m203.8 m205 m206.2 m206.9 m

Retained Earnings

45.3 m95.1 m120.5 m137.3 m161.8 m178.3 m187.4 m187 m

Total Equity

231.5 m287.8 m312.1 m332.4 m356.2 m372.4 m377.2 m360.8 m

Financial Leverage

2.3 x2.3 x2.7 x2.6 x2.5 x3 x2.8 x2.6 x
USDFY, 2014FY, 2015FY, 2016

Net Income

(5.5 m)92.5 m33.9 m

Depreciation and Amortization

777 k1.4 m9 m

Inventories

(19.1 m)4.5 m(3.1 m)

Accounts Payable

11.6 m(5.4 m)774 k

Cash From Operating Activities

49.5 m153.9 m75.1 m

Cash From Investing Activities

(13.9 m)(87 m)(249.4 m)

Cash From Financing Activities

28.3 m8.9 m43.8 m

Interest Paid

48 k16 k
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

10 m30.1 m25.4 m16.8 m7.4 m18.4 m10.9 m6 m
USDY, 2017

Revenue/Employee

357.8 k

Financial Leverage

2.6 x

Heritage Insurance Holdings Operating Metrics

Heritage Insurance Holdings's Reported Claims, units was reported to be 3.6 k in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Reported Claims, units

7.77 k11.07 k3.71 k14.6 k3.64 k

In-Force Policies

209.4 k220 k221.7 k240.56 k257.13 k266.32 k331 k327 k323.3 k321.25 k316 k

    Heritage Insurance Holdings Market Value History

    Traffic Overview of Heritage Insurance Holdings

    Heritage Insurance Holdings News and Updates

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    Heritage Insurance Holdings Company Life and Culture

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