HCI Q4 2023 Earnings — HCI Group, Inc. Revenue & Financial Results | Market Cap Arena

HCIHCI Group, Inc.

$2B

Q4 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$163M+40.3% YoY

Gross Profit

$75M45.8% margin

Operating Income

$54M33.3% margin

Net Income

$38M23.4% margin

EPS (Diluted)

$3.39

QoQ Revenue Growth

+23.7%

Cash Flow

Operating Cash Flow

$153M

Free Cash Flow

$152M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.4B

Stockholders' Equity

$325M

Cash & Equivalents

$536M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$163M	$116M	+40.3%
Gross Profit	$75M	$20M	+277.2%
Operating Income	$54M	$3M	+1874.5%
Net Income	$38M	$2M	+2396.5%

Revenue Segments

H C P C I Insurance Operations

$98M95%

Corporate and Other

$3M3%

Real Estate Operations

$2M2%