Hartford Tax Provision from 2010 to 2025

HIG Stock  USD 120.74  1.49  1.25%   
Hartford Financial's Tax Provision is increasing over the last several years with slightly volatile swings. Tax Provision is predicted to flatten to about 486.2 M. Tax Provision is the amount set aside by Hartford Financial Services to cover any estimated taxes for the current period. It reflects Hartford Financial's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
185 M
Current Value
221 M
Quarterly Volatility
43.7 M
 
Covid
Check Hartford Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hartford Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 388.8 M, Interest Expense of 247.8 M or Total Revenue of 21.7 B, as well as many indicators such as Price To Sales Ratio of 0.67, Dividend Yield of 6.0E-4 or PTB Ratio of 1.44. Hartford financial statements analysis is a perfect complement when working with Hartford Financial Valuation or Volatility modules.
  
Check out the analysis of Hartford Financial Correlation against competitors.

Latest Hartford Financial's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Hartford Financial Services over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Hartford Financial's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hartford Financial's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Hartford Tax Provision Regression Statistics

Arithmetic Mean396,950,000
Coefficient Of Variation59.16
Mean Deviation161,687,500
Median383,000,000
Standard Deviation234,822,004
Sample Variance55141.4T
Range1.1B
R-Value0.45
Mean Square Error47038T
R-Squared0.20
Significance0.08
Slope22,267,647
Total Sum of Squares827120.6T

Hartford Tax Provision History

2025486.2 M
2024738 M
2023548 M
2022443 M
2020383 M
2019475 M
2018268 M

About Hartford Financial Financial Statements

Hartford Financial stakeholders use historical fundamental indicators, such as Hartford Financial's Tax Provision, to determine how well the company is positioned to perform in the future. Although Hartford Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Hartford Financial's assets and liabilities are reflected in the revenues and expenses on Hartford Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Hartford Financial Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision738 M486.2 M

Currently Active Assets on Macroaxis

When determining whether Hartford Financial is a strong investment it is important to analyze Hartford Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hartford Financial's future performance. For an informed investment choice regarding Hartford Stock, refer to the following important reports:
Check out the analysis of Hartford Financial Correlation against competitors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Multi-line Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hartford Financial. If investors know Hartford will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hartford Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.153
Dividend Share
1.93
Earnings Share
10.35
Revenue Per Share
90.371
Quarterly Revenue Growth
0.074
The market value of Hartford Financial is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Financial's value that differs from its market value or its book value, called intrinsic value, which is Hartford Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hartford Financial's market value can be influenced by many factors that don't directly affect Hartford Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hartford Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.