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Heritage Insurance HoldingsHRTG -1.07%63 Debt-to-Equity is 0.16 as of Jun. 2026, which is 56% below its 10-year median of 0.36. GuruFocus rates HRTG with a GF Score™ of 63/100 and a GF Value™ of $26.87 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 405 Insurance companies, Heritage Insurance Holdings ranks better than 57.78% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Heritage Insurance Holdings's Debt-to-Equity or its related term are showing as below:
HRTG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.36 Max: 1.28
Current: 0.16
During the past 13 years, the highest Debt-to-Equity Ratio of Heritage Insurance Holdings was 1.28. The lowest was 0.16. And the median was 0.36.
HRTG's Debt-to-Equity is ranked better than 57.78% of 405
companies
in the Insurance industry
Industry Median: 0.21
vs HRTG: 0.16
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Heritage Insurance Holdings Debt-to-Equity Related Terms
Heritage Insurance Holdings Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HRTG vs ROOT, HIPO, DGICA: Debt-to-Equity Comparison
For the Insurance - Property & Casualty subindustry, Heritage Insurance Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Heritage Insurance Holdings Debt-to-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Heritage Insurance Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Heritage Insurance Holdings's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Heritage Insurance Holdings (HRTG) has a Debt-to-Equity of 0.16 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Heritage Insurance Holdings and its competitors. This is 56% below median its historical median of 0.36. Over the past decade, Heritage Insurance Holdings' Debt-to-Equity has ranged from 0.16 to 1.28. According to the industry distribution chart, Heritage Insurance Holdings ranks #171 out of 405 companies in the Insurance industry, placing it in the top 42.2%.
Is Heritage Insurance Holdings' Debt-to-Equity too high?
Heritage Insurance Holdings' current Debt-to-Equity of 0.16 is 56% below median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.28. The Insurance industry median Debt-to-Equity is 0.21. Heritage Insurance Holdings' value of 0.16 is 23.8% below this industry median. Based on the distribution chart, Heritage Insurance Holdings ranks #171 out of 405 companies in the Insurance industry, which is above the industry midpoint. Overall, Heritage Insurance Holdings has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Heritage Insurance Holdings' Debt-to-Equity compare to ROOT and HIPO?
According to the Insurance industry distribution chart, Heritage Insurance Holdings ranks #171 out of 405 companies for Debt-to-Equity. This puts Heritage Insurance Holdings in the upper half of its industry. The industry median Debt-to-Equity is 0.21. Heritage Insurance Holdings' value of 0.16 is 23.8% below this benchmark. Historically, Heritage Insurance Holdings' own Debt-to-Equity has ranged from 0.16 to 1.28 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.21, Heritage Insurance Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Insurance company?
The median Debt-to-Equity among Insurance companies is 0.21, based on 405 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heritage Insurance Holdings's current Debt-to-Equity of 0.16 is 23.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Heritage Insurance Holdings and its competitors. For the Insurance industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heritage Insurance Holdings's current Debt-to-Equity is 0.16, which is 56% below median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heritage Insurance Holdings stock overvalued right now?
Based on GuruFocus' analysis, Heritage Insurance Holdings (HRTG) is currently considered Modestly Overvalued. The stock's GF Value™ is $26.87, compared to a current price of $33.33 — trading 24% above its estimated fair value. The current Debt-to-Equity is 0.16, which is 56% below median its 10-year median of 0.36 and 23.8% below the Insurance industry median of 0.21. Heritage Insurance Holdings' overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Heritage Insurance Holdings (HRTG), the current Debt-to-Equity is 0.16 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Heritage Insurance Holdings (HRTG) Overvalued in 2026?
Based on GuruFocus' analysis, Heritage Insurance Holdings stock appears to be overvalued.
The current stock price of $33.33 is trading 24% above its estimated GF Value™ of $26.87.
GuruFocus considers Heritage Insurance Holdings to be Modestly Overvalued.
Key valuation signals for HRTG:
Debt-to-Equity: 0.16 (56% below median its 10-year median of 0.36)
GF Value™: $26.87 vs. price of $33.33 (24% above fair value)
Industry Position: 23.8% below the Insurance median (#171 of 405)
No single metric tells the full story. See the HRTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heritage Insurance Holdings Inc is a regional property and casualty insurance company that offers a variety of personal and commercial insurance products. Through its subsidiaries, Heritage Property & Casualty Insurance, Narragansett Bay Insurance, and Zephyr Insurance, the company issues personal residential property insurance across various states in the U.S. It also offers commercial residential insurance predominantly for its Florida properties. Heritage Insurance manages insurance underwriting, customer services, actuarial analysis, distribution, and claims processing internally. The company operates in Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, and South Carolina.
63GF Score
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