# HCI Group, Inc. (HCI)

**Exchange:** NYSE  
**Sector:** Financial Services  
**Market cap:** $2.09B  
**Price:** $162.38 (+0.71%)

> HCI Group, Inc. is a diversified holding company that owns and operates subsidiaries engaged in complementary business activities, primarily in the property and casualty insurance sector. Its largest subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., serves as a leading provider of homeowners insurance in Florida, offering residential products such as homeowners, fire, and wind-only policies to homeowners, condominium owners, and tenants. The company also provides reinsurance programs, manages insurance operations, and operates through segments including TypTap Group and Reciprocal Exchange Operations. Beyond insurance, HCI Group, Inc. invests in real estate, owning and operating waterfront properties, retail shopping centers, office buildings, and commercial properties for investment purposes. Additionally, it develops information technology solutions, including web-based applications like SAMS and Harmony for policy administration, ClaimColony for claims management, and AtlasViewer for mapping and data visualization. Founded in 2006 and headquartered in Tampa, Florida, HCI Group, Inc. plays a significant role in the U.S. insurance and real estate markets by integrating technology to support its insurance and property operations.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $901M | — | — | $299M | — |
| 2024 | $750M | — | — | $110M | — |
| 2023 | $551M | — | — | $79M | — |
| 2022 | $500M | — | — | -$59M | — |
| 2021 | $408M | — | — | $2M | — |
| 2020 | $310M | — | — | $28M | — |
| 2019 | $242M | — | — | $27M | — |
| 2018 | $231M | — | — | $18M | — |
| 2017 | $244M | — | — | -$7M | — |
| 2016 | $264M | — | — | $29M | — |
| 2015 | $286M | — | — | $66M | — |
| 2014 | $266M | — | — | $63M | — |
| 2013 | $241M | — | — | $66M | — |
| 2012 | $163M | — | — | $30M | — |
| 2011 | $94M | — | — | $10M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.53B | $1.41B | $1.04B | $1.21B | — |
| 2024 | $2.23B | $1.76B | $453M | $532M | — |
| 2023 | $1.81B | $1.39B | $325M | $536M | — |
| 2022 | $1.80B | $1.55B | $163M | $235M | — |
| 2021 | $1.18B | $762M | $323M | $629M | — |
| 2020 | $941M | $740M | $201M | $431M | — |
| 2019 | $803M | $617M | $186M | $229M | — |
| 2018 | $833M | $651M | $181M | $239M | — |
| 2017 | $842M | $648M | $194M | $256M | $238M |
| 2016 | $670M | $426M | $244M | $281M | $139M |
| 2015 | $637M | $399M | $238M | $268M | $129M |
| 2014 | $599M | $416M | $183M | $314M | $130M |
| 2013 | $526M | $366M | $161M | $293M | $127M |
| 2012 | $338M | $217M | $121M | $230M | — |
| 2011 | $215M | $151M | $64M | $100M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $444M | $4M | $441M |
| 2024 | $332M | $4M | $328M |
| 2023 | $231M | $7M | $224M |
| 2022 | -$12,000 | $6M | -$6M |
| 2021 | $97M | $3M | $93M |
| 2020 | $77M | $6M | $71M |
| 2019 | $54M | $3M | $51M |
| 2018 | $29M | $2M | $26M |
| 2017 | $17M | $2M | $14M |
| 2016 | $88M | $865,000 | $87M |
| 2013 | $55M | $3M | $52M |
| 2012 | $106M | $1M | $105M |
| 2011 | $56M | $3M | $53M |
| 2010 | $16M | $8M | $9M |

Source: [CompaniesByCap](https://companiesbycap.com/company/HCI)