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Side-by-side financial comparison of Hamilton Insurance Group, Ltd. (HG) and Uniti Group Inc. (UNIT). Click either name above to swap in a different company.

Hamilton Insurance Group, Ltd. is the larger business by last-quarter revenue ($758.9M vs $722.6M, roughly 1.1× Uniti Group Inc.). Uniti Group Inc. runs the higher net margin — 222.7% vs 17.6%, a 205.1% gap on every dollar of revenue.

White Mountains Insurance Group is a diversified insurance and related financial services holding company based in Hamilton, Bermuda. Redomiciled from Delaware, United States, on October 25, 1999, the company conducts most of its business through its insurance subsidiaries and other affiliates.

Uniti was an electric vehicle prototype by Uniti Sweden, a Swedish automotive startup. The company was founded in January 2016 by a team of students and engineers under CEO Lewis Horne which aimed at developing an electric microcar in Lund, Sweden. It filed for bankruptcy in April 2022. No products were ever delivered to customers.

HG vs UNIT — Head-to-Head

Bigger by revenue
HG
HG
1.1× larger
HG
$758.9M
$722.6M
UNIT
Higher net margin
UNIT
UNIT
205.1% more per $
UNIT
222.7%
17.6%
HG

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
HG
HG
UNIT
UNIT
Revenue
$758.9M
$722.6M
Net Profit
$133.5M
$1.6B
Gross Margin
Operating Margin
-5.9%
Net Margin
17.6%
222.7%
Revenue YoY
-1.3%
Net Profit YoY
19.7%
EPS (diluted)
$1.31
$4.92

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HG
HG
UNIT
UNIT
Q1 26
$758.9M
Q4 25
$728.3M
Q3 25
$667.6M
$722.6M
Q2 25
$740.8M
Q1 25
$768.8M
Q4 24
$570.5M
Q3 24
$512.8M
Q2 24
$587.9M
Net Profit
HG
HG
UNIT
UNIT
Q1 26
$133.5M
Q4 25
$214.6M
Q3 25
$176.4M
$1.6B
Q2 25
$267.8M
Q1 25
$181.3M
Q4 24
$74.4M
Q3 24
$61.0M
Q2 24
$200.4M
Operating Margin
HG
HG
UNIT
UNIT
Q1 26
Q4 25
26.0%
Q3 25
27.0%
-5.9%
Q2 25
36.5%
Q1 25
24.0%
Q4 24
13.4%
Q3 24
12.5%
Q2 24
34.5%
Net Margin
HG
HG
UNIT
UNIT
Q1 26
17.6%
Q4 25
29.5%
Q3 25
26.4%
222.7%
Q2 25
36.1%
Q1 25
23.6%
Q4 24
13.0%
Q3 24
11.9%
Q2 24
34.1%
EPS (diluted)
HG
HG
UNIT
UNIT
Q1 26
$1.31
Q4 25
$1.67
Q3 25
$1.32
$4.92
Q2 25
$1.79
Q1 25
$0.77
Q4 24
$0.35
Q3 24
$0.74
Q2 24
$1.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HG
HG
UNIT
UNIT
Cash + ST InvestmentsLiquidity on hand
$842.5M
$158.0M
Total DebtLower is stronger
$9.3B
Stockholders' EquityBook value
$2.7B
$680.7M
Total Assets
$9.9B
$12.1B
Debt / EquityLower = less leverage
13.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HG
HG
UNIT
UNIT
Q1 26
$842.5M
Q4 25
$1.1B
Q3 25
$955.1M
$158.0M
Q2 25
$985.6M
Q1 25
$838.5M
Q4 24
$996.5M
Q3 24
$957.4M
Q2 24
$1.0B
Total Debt
HG
HG
UNIT
UNIT
Q1 26
Q4 25
$149.7M
Q3 25
$149.7M
$9.3B
Q2 25
$149.7M
Q1 25
$150.0M
Q4 24
$149.9M
Q3 24
$149.9M
Q2 24
$149.9M
Stockholders' Equity
HG
HG
UNIT
UNIT
Q1 26
$2.7B
Q4 25
$2.8B
Q3 25
$2.7B
$680.7M
Q2 25
$2.6B
Q1 25
$2.4B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.2B
Total Assets
HG
HG
UNIT
UNIT
Q1 26
$9.9B
Q4 25
$9.6B
Q3 25
$9.2B
$12.1B
Q2 25
$8.9B
Q1 25
$8.3B
Q4 24
$7.8B
Q3 24
$7.8B
Q2 24
$7.6B
Debt / Equity
HG
HG
UNIT
UNIT
Q1 26
Q4 25
0.05×
Q3 25
0.06×
13.64×
Q2 25
0.06×
Q1 25
0.06×
Q4 24
0.06×
Q3 24
0.06×
Q2 24
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HG
HG
UNIT
UNIT
Operating Cash FlowLast quarter
$229.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.14×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HG
HG
UNIT
UNIT
Q1 26
Q4 25
$293.4M
Q3 25
$295.6M
$229.8M
Q2 25
$218.4M
Q1 25
$34.9M
Q4 24
$284.1M
Q3 24
$160.6M
Q2 24
$156.4M
Cash Conversion
HG
HG
UNIT
UNIT
Q1 26
Q4 25
1.37×
Q3 25
1.68×
0.14×
Q2 25
0.82×
Q1 25
0.19×
Q4 24
3.82×
Q3 24
2.63×
Q2 24
0.78×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HG
HG

Segment breakdown not available.

UNIT
UNIT

Revenue And Sales$315.5M44%
DSL Subscriber And Other$102.7M14%
Fiber Subscriber$77.7M11%
Business Services$66.4M9%
Uniti Fiber$55.7M8%
Wholesale$54.8M8%
Sales Revenue$27.3M4%
Time Division Multiplexing$8.7M1%
Switched Access$2.2M0%

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