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Side-by-side financial comparison of Hartford (The) (HIG) and State Street Corporation (STT). Click either name above to swap in a different company.

Hartford (The) is the larger business by last-quarter revenue ($4.1B vs $3.7B, roughly 1.1× State Street Corporation). State Street Corporation runs the higher net margin — 20.4% vs 13.2%, a 7.2% gap on every dollar of revenue. On growth, State Street Corporation posted the faster year-over-year revenue change (7.5% vs -43.7%). Over the past eight quarters, State Street Corporation's revenue compounded faster (8.1% 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...

State Street Corporation is an American multinational financial services and bank holding company headquartered at One Congress Street in Boston. It is the second-oldest continuously operating U.S. bank, tracing its roots to Union Bank, chartered in 1792. As of the third quarter of 2025, State Street is one of the world's largest asset managers and custodians, with approximately US$5.4 trillion in assets under management and US$51.7 trillion under custody and administration.

HIG vs STT — Head-to-Head

Bigger by revenue
HIG
HIG
1.1× larger
HIG
$4.1B
$3.7B
STT
Growing faster (revenue YoY)
STT
STT
+51.1% gap
STT
7.5%
-43.7%
HIG
Higher net margin
STT
STT
7.2% more per $
STT
20.4%
13.2%
HIG
Faster 2-yr revenue CAGR
STT
STT
Annualised
STT
8.1%
-20.8%
HIG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HIG
HIG
STT
STT
Revenue
$4.1B
$3.7B
Net Profit
$536.0M
$747.0M
Gross Margin
Operating Margin
25.0%
Net Margin
13.2%
20.4%
Revenue YoY
-43.7%
7.5%
Net Profit YoY
12.0%
-4.6%
EPS (diluted)
$2.41

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
STT
STT
Q1 26
$4.1B
Q4 25
$7.3B
$3.7B
Q3 25
$7.2B
$3.5B
Q2 25
$7.0B
$3.4B
Q1 25
$6.8B
$3.3B
Q4 24
$6.9B
$3.4B
Q3 24
$6.8B
$3.3B
Q2 24
$6.5B
$3.2B
Net Profit
HIG
HIG
STT
STT
Q1 26
$536.0M
Q4 25
$747.0M
Q3 25
$1.1B
$861.0M
Q2 25
$995.0M
$693.0M
Q1 25
$630.0M
$644.0M
Q4 24
$783.0M
Q3 24
$767.0M
$730.0M
Q2 24
$738.0M
$711.0M
Operating Margin
HIG
HIG
STT
STT
Q1 26
Q4 25
19.3%
25.0%
Q3 25
18.2%
31.1%
Q2 25
17.8%
25.8%
Q1 25
11.5%
25.0%
Q4 24
15.6%
28.1%
Q3 24
14.1%
28.4%
Q2 24
14.1%
28.6%
Net Margin
HIG
HIG
STT
STT
Q1 26
13.2%
Q4 25
20.4%
Q3 25
14.9%
24.3%
Q2 25
14.2%
20.1%
Q1 25
9.3%
19.6%
Q4 24
22.9%
Q3 24
11.4%
22.4%
Q2 24
11.4%
22.3%
EPS (diluted)
HIG
HIG
STT
STT
Q1 26
Q4 25
$3.96
$2.41
Q3 25
$3.77
$2.78
Q2 25
$3.44
$2.17
Q1 25
$2.15
$2.04
Q4 24
$2.88
$2.43
Q3 24
$2.56
$2.26
Q2 24
$2.44
$2.15

Balance Sheet & Financial Strength

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

Metric
HIG
HIG
STT
STT
Cash + ST InvestmentsLiquidity on hand
$1.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$16.8M
$27.8B
Total Assets
$86.3M
$366.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIG
HIG
STT
STT
Q1 26
$1.7M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
HIG
HIG
STT
STT
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
STT
STT
Q1 26
$16.8M
Q4 25
$19.0B
$27.8B
Q3 25
$18.4B
$27.6B
Q2 25
$17.5B
$27.3B
Q1 25
$16.8B
$26.7B
Q4 24
$16.4B
$25.3B
Q3 24
$17.0B
$25.8B
Q2 24
$15.7B
$24.8B
Total Assets
HIG
HIG
STT
STT
Q1 26
$86.3M
Q4 25
$86.0B
$366.0B
Q3 25
$85.0B
$371.1B
Q2 25
$83.6B
$376.7B
Q1 25
$82.3B
$372.7B
Q4 24
$80.9B
$353.2B
Q3 24
$81.2B
$338.5B
Q2 24
$79.0B
$325.6B
Debt / Equity
HIG
HIG
STT
STT
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
STT
STT
Operating Cash FlowLast quarter
$10.0B
Free Cash FlowOCF − Capex
$9.8B
FCF MarginFCF / Revenue
266.6%
Capex IntensityCapex / Revenue
7.3%
Cash ConversionOCF / Net Profit
13.44×
TTM Free Cash FlowTrailing 4 quarters
$10.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIG
HIG
STT
STT
Q1 26
Q4 25
$5.9B
$10.0B
Q3 25
$1.8B
$7.9B
Q2 25
$1.3B
$-8.4B
Q1 25
$985.0M
$2.4B
Q4 24
$5.9B
$-7.4B
Q3 24
$1.7B
$2.7B
Q2 24
$1.3B
$-7.6B
Free Cash Flow
HIG
HIG
STT
STT
Q1 26
Q4 25
$5.8B
$9.8B
Q3 25
$1.8B
$7.7B
Q2 25
$1.3B
$-8.8B
Q1 25
$947.0M
$2.2B
Q4 24
$5.8B
$-7.7B
Q3 24
$1.6B
$2.5B
Q2 24
$1.2B
$-7.9B
FCF Margin
HIG
HIG
STT
STT
Q1 26
Q4 25
78.4%
266.6%
Q3 25
24.8%
216.0%
Q2 25
17.9%
-254.1%
Q1 25
13.9%
66.1%
Q4 24
83.8%
-225.1%
Q3 24
24.0%
75.9%
Q2 24
18.5%
-246.2%
Capex Intensity
HIG
HIG
STT
STT
Q1 26
Q4 25
2.3%
7.3%
Q3 25
0.6%
6.9%
Q2 25
0.6%
9.3%
Q1 25
0.6%
6.9%
Q4 24
2.1%
7.3%
Q3 24
0.9%
7.2%
Q2 24
0.9%
6.7%
Cash Conversion
HIG
HIG
STT
STT
Q1 26
Q4 25
13.44×
Q3 25
1.70×
9.18×
Q2 25
1.30×
-12.18×
Q1 25
1.56×
3.72×
Q4 24
-9.49×
Q3 24
2.19×
3.71×
Q2 24
1.71×
-10.75×

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%

STT
STT

Other$2.2B59%
Investment Management$729.0M20%
Management Services$662.0M18%
Other Fee Revenue$56.0M2%
Securities Financing Services$54.0M1%

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