HG (Hamilton Insurance Group) Owner Earnings per Share (TTM): (As of Mar. 2026)

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HG Hamilton Insurance Group Ltd HG
60 GF Score
Price $35.15
GF Value $27.13
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Hamilton Insurance Group Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Hamilton Insurance Group does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Hamilton Insurance Group's Owner Earnings per Share (TTM) or its related term are showing as below:



HG's Price-to-Owner-Earnings is not ranked *
in the Insurance industry.
Industry Median: 8.39
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Hamilton Insurance Group's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $1.31. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $6.11. It's PE Ratio (TTM) ratio for today is 5.75.

Hamilton Insurance Group's EPS without NRI for the three months ended in Mar. 2026 was $1.31. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $6.11. It's PE Ratio without NRI ratio for today is 5.75.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Hamilton Insurance Group Owner Earnings per Share (TTM) Related Terms


Hamilton Insurance Group Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Hamilton Insurance Group's Owner Earnings per Share (TTM) can be seen below:

* 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.

Hamilton Insurance Group Owner Earnings per Share (TTM) Chart

Hamilton Insurance Group Annual Data
Trend Nov20 Nov21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Hamilton Insurance Group Quarterly Data
Nov21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

HG vs SPNT, GLRE, KG: Owner Earnings per Share (TTM) Comparison

For the Insurance - Reinsurance subindustry, Hamilton Insurance Group's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Hamilton Insurance Group Price-to-Owner-Earnings vs Insurance Industry

For the Insurance industry and Financial Services sector, Hamilton Insurance Group's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Hamilton Insurance Group's Price-to-Owner-Earnings falls into.


HG
60GF Score
Hamilton Insurance Group Ltd HG
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hamilton Insurance Group Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Hamilton Insurance Group does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.

Is Hamilton Insurance Group (HG) Overvalued in 2026?

Based on GuruFocus' analysis, Hamilton Insurance Group stock appears to be overvalued. The current stock price of $35.15 is trading 29.5% above its estimated GF Value™ of $27.13. GuruFocus considers Hamilton Insurance Group to be Modestly Overvalued.

Key valuation signals for HG:

  • Owner Earnings per Share (TTM):
  • GF Value™: $27.13 vs. price of $35.15 (29.5% above fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the HG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hamilton Insurance Group Business Description

Other Exchanges QN0:Germany
Address 90 Pitts Bay Road, Wellesley House North, 1st Floor, Pembroke, BMU, HM 08
Hamilton Insurance Group Ltd is a specialty insurance and reinsurance company. It operates globally, with underwriting operations in London, Dublin, Bermuda, and the United States. It operates three principal underwriting platforms (Hamilton Global Specialty, Hamilton Select, and Hamilton Re) that are categorized into two reporting business segments: International and Bermuda.
60GF Score

Get the complete analysis for HG

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$35.15
Price
$27.13
GF Value