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Side-by-side financial comparison of Hartford (The) (HIG) and ICON PLC (ICLR). Click either name above to swap in a different company.

Hartford (The) is the larger business by last-quarter revenue ($4.1B vs $2.0B, roughly 2.0× ICON PLC). Hartford (The) runs the higher net margin — 13.2% vs 0.1%, a 13.1% gap on every dollar of revenue. On growth, Hartford (The) posted the faster year-over-year revenue change (309.0% vs 0.6%). Over the past eight quarters, ICON PLC's revenue compounded faster (0.6% CAGR vs -20.8%).

The Hartford Insurance Group, Inc., known as The Hartford, is a U.S.-based insurance company. The Hartford is a Fortune 500 company headquartered in its namesake city of Hartford, Connecticut. It was ranked 162nd in Fortune 500 in 2024. The Hartford is a leader in property and casualty insurance, employee benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. It sells produc...

ICON plc is an Irish headquartered multinational healthcare intelligence and clinical research organisation. As of February 2025 had approximately 41,900 employees in 55 countries.

HIG vs ICLR — Head-to-Head

Bigger by revenue
HIG
HIG
2.0× larger
HIG
$4.1B
$2.0B
ICLR
Growing faster (revenue YoY)
HIG
HIG
+308.4% gap
HIG
309.0%
0.6%
ICLR
Higher net margin
HIG
HIG
13.1% more per $
HIG
13.2%
0.1%
ICLR
Faster 2-yr revenue CAGR
ICLR
ICLR
Annualised
ICLR
0.6%
-20.8%
HIG

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
HIG
HIG
ICLR
ICLR
Revenue
$4.1B
$2.0B
Net Profit
$536.0M
$2.4M
Gross Margin
Operating Margin
4.2%
Net Margin
13.2%
0.1%
Revenue YoY
309.0%
0.6%
Net Profit YoY
12.0%
-98.8%
EPS (diluted)
$0.03

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
HIG
HIG
ICLR
ICLR
Q1 26
$4.1B
Q4 25
$7.3B
Q3 25
$7.2B
$2.0B
Q2 25
$7.0B
$2.0B
Q1 25
$6.8B
$2.0B
Q4 24
$6.9B
Q3 24
$6.8B
$2.0B
Q2 24
$6.5B
$2.1B
Net Profit
HIG
HIG
ICLR
ICLR
Q1 26
$536.0M
Q4 25
Q3 25
$1.1B
$2.4M
Q2 25
$995.0M
$183.0M
Q1 25
$630.0M
$154.2M
Q4 24
Q3 24
$767.0M
$197.1M
Q2 24
$738.0M
$146.9M
Operating Margin
HIG
HIG
ICLR
ICLR
Q1 26
Q4 25
19.3%
Q3 25
18.2%
4.2%
Q2 25
17.8%
10.4%
Q1 25
11.5%
11.0%
Q4 24
15.6%
Q3 24
14.1%
14.1%
Q2 24
14.1%
10.8%
Net Margin
HIG
HIG
ICLR
ICLR
Q1 26
13.2%
Q4 25
Q3 25
14.9%
0.1%
Q2 25
14.2%
9.1%
Q1 25
9.3%
7.7%
Q4 24
Q3 24
11.4%
9.7%
Q2 24
11.4%
6.9%
EPS (diluted)
HIG
HIG
ICLR
ICLR
Q1 26
Q4 25
$3.96
Q3 25
$3.77
$0.03
Q2 25
$3.44
$2.30
Q1 25
$2.15
$1.90
Q4 24
$2.88
Q3 24
$2.56
$2.36
Q2 24
$2.44
$1.76

Balance Sheet & Financial Strength

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

Metric
HIG
HIG
ICLR
ICLR
Cash + ST InvestmentsLiquidity on hand
$1.7M
$468.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$16.8M
$9.3B
Total Assets
$86.3M
$16.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIG
HIG
ICLR
ICLR
Q1 26
$1.7M
Q4 25
Q3 25
$468.9M
Q2 25
$390.4M
Q1 25
$526.7M
Q4 24
Q3 24
$695.5M
Q2 24
$506.6M
Total Debt
HIG
HIG
ICLR
ICLR
Q1 26
Q4 25
$4.4B
Q3 25
$4.4B
Q2 25
$4.4B
Q1 25
$4.4B
Q4 24
$4.4B
Q3 24
$4.4B
Q2 24
$4.4B
Stockholders' Equity
HIG
HIG
ICLR
ICLR
Q1 26
$16.8M
Q4 25
$19.0B
Q3 25
$18.4B
$9.3B
Q2 25
$17.5B
$9.6B
Q1 25
$16.8B
$9.5B
Q4 24
$16.4B
Q3 24
$17.0B
$9.8B
Q2 24
$15.7B
$9.6B
Total Assets
HIG
HIG
ICLR
ICLR
Q1 26
$86.3M
Q4 25
$86.0B
Q3 25
$85.0B
$16.5B
Q2 25
$83.6B
$16.6B
Q1 25
$82.3B
$16.7B
Q4 24
$80.9B
Q3 24
$81.2B
$17.2B
Q2 24
$79.0B
$17.0B
Debt / Equity
HIG
HIG
ICLR
ICLR
Q1 26
Q4 25
0.23×
Q3 25
0.24×
Q2 25
0.25×
Q1 25
0.26×
Q4 24
0.27×
Q3 24
0.26×
Q2 24
0.28×

Cash Flow & Capital Efficiency

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

Metric
HIG
HIG
ICLR
ICLR
Operating Cash FlowLast quarter
$387.6M
Free Cash FlowOCF − Capex
$333.9M
FCF MarginFCF / Revenue
16.3%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
164.59×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIG
HIG
ICLR
ICLR
Q1 26
Q4 25
$5.9B
Q3 25
$1.8B
$387.6M
Q2 25
$1.3B
$146.2M
Q1 25
$985.0M
$268.2M
Q4 24
$5.9B
Q3 24
$1.7B
$402.7M
Q2 24
$1.3B
$218.6M
Free Cash Flow
HIG
HIG
ICLR
ICLR
Q1 26
Q4 25
$5.8B
Q3 25
$1.8B
$333.9M
Q2 25
$1.3B
$113.9M
Q1 25
$947.0M
$239.3M
Q4 24
$5.8B
Q3 24
$1.6B
$359.3M
Q2 24
$1.2B
$182.3M
FCF Margin
HIG
HIG
ICLR
ICLR
Q1 26
Q4 25
78.4%
Q3 25
24.8%
16.3%
Q2 25
17.9%
5.6%
Q1 25
13.9%
12.0%
Q4 24
83.8%
Q3 24
24.0%
17.7%
Q2 24
18.5%
8.6%
Capex Intensity
HIG
HIG
ICLR
ICLR
Q1 26
Q4 25
2.3%
Q3 25
0.6%
2.6%
Q2 25
0.6%
1.6%
Q1 25
0.6%
1.4%
Q4 24
2.1%
Q3 24
0.9%
2.1%
Q2 24
0.9%
1.7%
Cash Conversion
HIG
HIG
ICLR
ICLR
Q1 26
Q4 25
Q3 25
1.70×
164.59×
Q2 25
1.30×
0.80×
Q1 25
1.56×
1.74×
Q4 24
Q3 24
2.19×
2.04×
Q2 24
1.71×
1.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HIG
HIG

Earned premiums$3.6B88%
Other$486.0M12%
Fee income$12.0M0%

ICLR
ICLR

Other Customers$681.3M33%
Clients1125$549.4M27%
Clients15$503.3M25%
Clients610$308.8M15%

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