BNT vs HIG: Brookfield Wealth Solutions and Hartford Financial Services Group compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Hartford Financial Services Group is the larger company, worth $36.0B, about 3.5 times Brookfield Wealth Solutions.
- Hartford Financial Services Group grew revenue faster over the last year (+8.1% vs -17.5%).
- Hartford Financial Services Group keeps more of each dollar of revenue as operating profit (17.3% vs 8.3%).
- On earnings, Hartford Financial Services Group is the cheaper stock (9.3x vs 11.1x).
- Hartford Financial Services Group's price assumes faster free cash flow growth: about -11% a year, against -17% for Brookfield Wealth Solutions (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | BNT | HIG |
|---|---|---|
| Market cap | $10.2B | $36.0B |
| Share price | $37.06 | $129.11 |
| Revenue (last fiscal year) | $11.6B | $28.4B |
| Free cash flow (last fiscal year) | $2.5B | $5.8B |
| Revenue growth, last year | -17.5% | +8.1% |
| Revenue growth per year, last 5 fiscal years | +82.8% | +6.1% |
| Operating margin | 8.3% | 17.3% |
| Net margin | 7.4% | 15.0% |
| Return on equity | 5.5% | 22.2% |
| P/E (trailing) | 11.1x | 9.26x |
| Price / free cash flow | 3.96x | 6.26x |
| EV / EBITDA | 2.07x | 7.04x |
| FCF growth the price implies | -17.3% | -10.7% |
| Dividend yield | 0.65% | 1.7% |
| Debt / equity | 8.40x | 3.48x |
| Fundamental grade | C | B |
| Superinvestors holding it | 0 | 0 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Brookfield Wealth Solutions
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.0B | $1.7B | -10.9% |
| 2022 | $4.4B | $620M | 14.4% |
| 2023 | $6.9B | $1.4B | 11.8% |
| 2024 | $14.1B | $4.5B | 8.6% |
| 2025 | $11.6B | $2.5B | 8.3% |
Hartford Financial Services Group
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $22.4B | $4.0B | 13.0% |
| 2022 | $22.4B | $3.8B | 10.1% |
| 2023 | $24.5B | $4.0B | 12.6% |
| 2024 | $26.5B | $5.8B | 14.5% |
| 2025 | $28.4B | $5.8B | 16.8% |
Where the revenue comes from
Brookfield Wealth Solutions · by regions, 2025
Hartford Financial Services Group · by segments, 2025
Questions
Which is bigger, Brookfield Wealth Solutions or Hartford Financial Services Group?
Hartford Financial Services Group (HIG), at $36.0B against $10.2B.
Is BNT or HIG cheaper?
By trailing P/E, Hartford Financial Services Group (9.26x) is cheaper than Brookfield Wealth Solutions (11.1x). A lower multiple can also mean the market expects less growth.
Which grows faster, BNT or HIG?
Hartford Financial Services Group: revenue grew +8.1% over the last year, against -17.5%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.