HCI Group (HCI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

HCI Group

NYSE•Financial Services•Insurance - Property & Casualty

$188.06+1.84(0.01%)Pre-market

Market Cap

$2.30B

P/E

7.4x

P/S

2.4x

P/B

2.1x

HCI Group, Inc., together with its subsidiaries, engages in the property and casualty insurance business in the United States. The company operates through Insurance Operations, Exzeo, Reciprocal Exchange Operations, and Real Estate segments. It provides homeowners' property and casualty insurance products; claim adjusting and processing services; turnkey insurance technology and operations solutions to property and casualty insurance carriers and its agents through the Exzeo platform; and SAMSTM, a web-based system designed to automate and streamline the process of managing insurance policies. The company also offers Harmony, a policy administration platform; ClaimColony, an end-to-end claims management platform; AtlasViewer, a mapping and data visualization platform. In addition, it is involved in reciprocal exchange operations; and developing and operating commercial properties for investment purposes. 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.

How this company scores

ExcellentMetricSide Score: 82/100

Strongest: Profitability (22/25); weakest: Cash & Earnings Quality (18/25).

Profitability22/25

Growth22/25

Balance Sheet & Red Flags20/25

Cash & Earnings Quality18/25

Strengths

Growing revenueStrong marginsHigh ROERising earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 7.4x5y range 0.0x – 12.0x

Currently near its 14-quarter median.

P/S · 2.4x5y range 0.0x – 2.9x

Currently above its 20-quarter median.

P/B · 2.1x5y range 0.0x – 2.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Leverage Risk

Watch

Debt-to-equity has risen 41.7% recently — increasing financial risk even if the current ratio is manageable.

Share Dilution

Red Flag

Shares outstanding increased 121979.6% — significant dilution, likely from stock compensation or capital raises.

Price & Volume

Market Cap $2.30B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $952.13M
Q. Revenue: $246.65M
TTM EBITDA: $474.44M
TTM Op. Income: $460.96M
Q. Op. Income: $110.97M
TTM Net Income: $310.37M
Q. Net Income: $73.80M
EPS: $5.78
Shares Out.: $12.27M

$952.13M in TTM revenue grew 22.8% YoY, reaching $246.65M last quarter. TTM EBITDA of $474.44M and TTM operating income of $460.96M show growth is flowing through to the bottom line. TTM net income of $310.37M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 6 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 45.8%
Op. Margin: 45.0%
Net Margin: 29.9%

Op. margin of 45.0% is up 2.5% YoY — cost efficiency is improving. Net margin at 29.9% Across the last 8 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 7.4x
P/S Ratio: 2.4x
P/B Ratio: 2.1x

At 7.4x P/E, the stock trades below typical market levels. P/S of 2.4x and P/B of 2.1x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is down 38% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.65B
Cash: $872.34M
Long-Term Debt: $31.46M
Book Value: $1.08B
D/E Ratio: 0.0
Debt/EBITDA: 0.3

With $2.65B in assets and $31.46M in long-term debt, D/E is 0.0and book value is $1.08B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 42% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $125.12M
TTM Free Cash Flow: $409.37M
FCF Margin: 43.0%
FCF / Net Income: 1.3

TTM FCF of $409.37M on $125.12M in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 2 consecutive quarters — a weakening trend.