Company research
HCI Group, Inc.
CIK 1400810Updated Sep 26, 2026
Name history
Homeowners Choice, Inc. · through May 21, 2013
HCI price & chart
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NYSE:HCI on TradingView ↗About the company
HCI Group, Inc. is a diversified holding company engaged in insurance, reinsurance, real estate, claims services, and insurance technology. The HCI Group portfolio of companies includes multiple property and casualty underwriters and exchanges, two captive reinsurers, a claims management business, a commercial real estate investment company and a leading insurance technology company, Exzeo Group. HCI Group was founded in 2006 and operates in 13 states.
In the news
HCI Group Enters the Tokenized Real-World Assets Market with Pilot Project Mirroring Returns of Specific Participations in HCI's Catastrophe XOL Reinsurance Programs ↗
Recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,528,928,000Source | 2,230,213,000Source | 1,811,316,000Source | 1,803,328,000Source |
| Property, Plant and Equipment, NetUSD | 28,939,000Source | 29,544,000Source | 29,251,000Source | 17,910,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,210,126,000Source | 532,471,000Source | 536,478,000Source | 234,863,000Source |
| Operating Lease, Right-of-Use AssetUSD | — | 1,182,000Source | 1,407,000Source | 777,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,414,284,000Source | 1,761,172,000Source | 1,387,991,000Source | 1,548,521,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Additional Paid in CapitalUSD | 428,109,000Source | 122,289,000Source | 89,568,000Source | 0Source |
| Retained Earnings (Accumulated Deficit)USD | 611,509,000Source | 331,793,000Source | 238,438,000Source | 172,482,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 1,459,000Source | -749,000Source | -3,163,000Source | -9,886,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,041,077,000Source | 453,333,000Source | 324,843,000Source | 162,596,000Source |
| Liabilities and EquityUSD | 2,528,928,000Source | 2,230,213,000Source | 1,811,316,000Source | 1,803,328,000Source |
| Deferred Income Tax Liabilities, NetUSD | 3,814,000Source | 2,830,000Source | 0Source | 1,704,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 70,208,000Source | 14,017,000Source | 2,322,000Source | -1,342,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 1,577,000Source | 2,758,000Source | 512,000Source | 1,704,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 320,395,000Source | 127,581,000Source | 89,257,000Source | -54,603,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 10,970,000Source | 10,189,000Source | 9,348,000Source | 15,107,000Source |
| Deferred Income Tax Expense (Benefit)USD | -1,918,000Source | 2,406,000Source | -1,102,000Source | -9,881,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 444,449,000Source | 331,816,000Source | 230,658,000Source | -12,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 87,272,000Source | -260,110,000Source | 4,269,000Source | -434,537,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 3,633,000Source | 4,052,000Source | 6,502,000Source | 6,341,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 1,524,000Source | 1,037,000Source | 784,000Source | 71,242,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 146,197,000Source | -75,174,000Source | 67,117,000Source | 41,067,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 19,289,000Source | 16,598,000Source | 13,719,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 677,689,000Source | -3,580,000Source | 302,002,000Source | -393,580,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,213,874,000Source | 536,185,000Source | 539,765,000Source | 237,763,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 5,684,000Source | 12,666,000Source | 9,248,000Source | 6,155,000Source |
| Income Taxes Paid, NetUSD | 104,389,000Source | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -229,000Source | -112,000Source | -42,000Source | -98,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 10,970,000Source | 10,189,000Source | 9,348,000Source | 15,107,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 2,363,000Source | 1,194,000Source | 1,129,000Source | 706,000Source |
| Amortization of Intangible AssetsUSD | 2,523,000Source | 2,453,000Source | 2,530,000Source | 2,643,000Source |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously RecordedUSD | — | 0Source | 0Source | 0Source |
| Deferred Policy Acquisition Costs, Amortization ExpenseUSD | 115,321,000Source | 94,497,000Source | 86,214,000Source | 100,669,000Source |
| Depreciation, Amortization and Accretion, NetUSD | 11,217,000Source | 4,299,000Source | 8,184,000Source | 8,010,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | 123,000Source | 2,644,000Source | 3,215,000Source | -7,153,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -172,000Source | -133,000Source | -60,000Source | -108,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | 0Source | -177,000Source | 0Source |
| Gains (Losses) on Sales of Investment Real EstateUSD | 440,000Source | 0Source | 8,811,000Source | 376,000Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | 0Source | 0Source | 2,284,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | 0Source | 0Source | 495,000Source |
| Income Tax Expense (Benefit)USD | 108,935,000Source | 45,846,000Source | 28,393,000Source | -13,815,000Source |
| Induced Conversion of Convertible Debt ExpenseUSD | 1,125,000Source | — | 0Source | 0Source |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred ClaimsUSD | 241,827,000Source | 374,708,000Source | 254,579,000Source | 371,463,000Source |
| Net Income (Loss) Attributable to ParentUSD | 299,005,000Source | 109,953,000Source | 79,034,000Source | -58,511,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 21,390,000Source | 17,628,000Source | 10,223,000Source | 3,908,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 286,964,000Source | 105,843,000Source | 76,409,000Source | -55,048,000Source |
| Proceeds from Issuance of Common StockUSD | 0Source | 0Source | 84,572,000Source | — |
| Proceeds from Issuance of Long-term DebtUSD | 17,000,000Source | 0Source | 12,000,000Source | 172,500,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 627,578,000Source | 457,102,000Source | 328,719,000Source | 151,415,000Source |
| Proceeds from (Payments to) Noncontrolling InterestsUSD | -1,489,000Source | -481,000Source | -354,000Source | -406,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | 0Source |
| Stock or Unit Option Plan ExpenseUSD | 0Source | — | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 900,946,000Source | 750,051,000Source | 550,670,000Source | 499,563,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 429,330,000Source | 173,427,000Source | 117,650,000Source | -68,418,000Source |
| Income Tax Expense (Benefit)USD | 108,935,000Source | 45,846,000Source | 28,393,000Source | -13,815,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 21,390,000Source | 17,628,000Source | 10,223,000Source | 3,908,000Source |
| Net Income (Loss) Attributable to ParentUSD | 299,005,000Source | 109,953,000Source | 79,034,000Source | -58,511,000Source |
| Earnings Per Share, BasicUSD per share | 24.58Source | 10.59Source | 9.13Source | -6.24Source |
| Earnings Per Share, DilutedUSD per share | 22.72Source | 8.89Source | 7.62Source | -6.24Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 11,675,000Source | 9,997,000Source | 8,367,000Source | 8,817,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 12,878,000Source | 12,686,000Source | 11,044,000Source | 8,817,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 2,523,000Source | 2,453,000Source | 2,530,000Source | 2,643,000Source |
| Benefits, Losses and ExpensesUSD | 471,616,000Source | 576,624,000Source | 433,020,000Source | 567,981,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 1.6Source | — | — | — |
| Current Income Tax Expense (Benefit)USD | 110,853,000Source | 43,440,000Source | 29,495,000Source | -3,934,000Source |
| Deferred Policy Acquisition Costs, Amortization ExpenseUSD | 115,321,000Source | 94,497,000Source | 86,214,000Source | 100,669,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 6,633,000Source | 6,185,000Source | 5,722,000Source | 4,779,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -172,000Source | -133,000Source | -60,000Source | -108,000Source |
| Gains (Losses) on Sales of Investment Real EstateUSD | 440,000Source | 0Source | 8,811,000Source | 376,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | 0Source | 0Source | 495,000Source |
| Interest ExpenseUSD | — | 2,000Source | 150,000Source | — |
| Interest Expense, DebtUSD | 9,156,000Source | 13,344,000Source | 11,117,000Source | 7,768,000Source |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred ClaimsUSD | 241,827,000Source | 374,708,000Source | 254,579,000Source | 371,463,000Source |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling InterestUSD | 21,390,000Source | 7,479,000Source | 853,000Source | -5,198,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 286,964,000Source | 105,843,000Source | 76,409,000Source | -55,048,000Source |
| Net Investment IncomeUSD | 65,411,000Source | 59,148,000Source | 46,234,000Source | 32,447,000Source |
| Other Cost and Expense, OperatingUSD | 26,082,000Source | 26,018,000Source | 22,634,000Source | 24,978,000Source |
| Other IncomeUSD | 4,135,000Source | 2,675,000Source | 2,628,000Source | 4,488,000Source |
Filing attachments
hci-ex99_1.htm · 8-K · 2026-08-06
EX-99.1 2 hci-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 HCI Group Reports Second Quarter 2026 Results Second Quarter Pre-Tax Income of $111 million Diluted EPS of $5.60 Gross Loss Ratio of 22% Tampa, Fla. - August 6, 2026 - HCI Group, Inc. (NYSE:HCI), reported pre-tax income of $111 million and net income of $83 million in the second quarter of 2026 compared with pre-tax income of $94 million and net income of $70 million in the second quarter of 2025. Net income after noncontrolling int…
Read attachment ↗hci-ex99_1.htm · 8-K · 2026-05-06
EX-99.1 2 hci-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Pre-Tax Income of $115 Million Diluted EPS of $5.45 Gross Loss Ratio of 20.1% Tampa, Fla. - May 6, 2026 - HCI Group, Inc. (NYSE:HCI), reported pre-tax income of $115 million and net income of $85 million in the first quarter of 2026 compared with pre-tax income of $100 million and net income of $74 million in the first quarter of 2025. Net income after noncontrolling interests in the first quarter of 2026 was $73 million compared wit…
Read attachment ↗hci-ex99_1.htm · 8-K · 2026-02-25
EX-99.1 2 hci-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Fourth Quarter Pre-Tax Income of $144 million and Diluted EPS of $7.25 Full Year 2025 Pre-Tax Income of $429 million and Diluted EPS of $22.72 Gross Loss Ratio of 15.6% for the fourth quarter and 19.6% for the full year 2025 Tampa, Fla. - February 25, 2026 - HCI Group, Inc. (NYSE:HCI), reported pre-tax income of $144 million and net income of $108 million in the fourth quarter of 2025 compared with pre-tax income of $6 million and ne…
Read attachment ↗hci-ex99_1.htm · 8-K · 2025-12-23
EX-99.1 2 hci-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 EXECUTIVE EMPLOYMENT AGREEMENT THIS EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”) is entered into this 9th day of December, 2025, with an effective date of January 1, 2026, by and between EXZEO GROUP, INC. (the “Company”) and PARESH S. PATEL (“Executive”) (individually, a “Party,” collectively, the “Parties”). RECITALS WHEREAS, the Company wishes to retain Executive as Chief Executive Officer to perform the duties and responsibilities…
Read attachment ↗hci-ex99_1.htm · 8-K · 2025-11-06
EX-99.1 2 hci-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Third Quarter Pre-Tax Income of $90.6 million and Diluted EPS of $4.90 Book Value Per Share Increased to $63.41 Gross Loss Ratio of 22.0% Tampa, Fla. - November 6, 2025 - HCI Group, Inc. (NYSE:HCI), reported pre-tax income of $90.6 million and net income of $67.9 million for the third quarter of 2025 compared with pre-tax income of $14.1 million and net income of $9.4 million for the third quarter of 2024. Net income after noncontrol…
Read attachment ↗hci-ex99_1.htm · 8-K · 2025-09-25
EX-99.1 2 hci-ex99_1.htm EX-99.1 EX-99.1 FOR IMMEDIATE RELEASE HCI Group Announces Public Filing of Registration Statement for Proposed Initial Public Offering of Subsidiary, Exzeo Group, Inc. Tampa, Fla. - September 25, 2025 - HCI Group, Inc. (NYSE:HCI) today announced that its majority owned subsidiary, Exzeo Group, Inc., has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the proposed initial public off…
Read attachment ↗