Independence Holding Company (IHC) Stock

About Independence Holding Company

Independence Holding Company (IHC), operating through its various subsidiaries, is active in the health, pet, and life insurance sectors. The company's extensive product range includes dental coverage, offering both indemnity and PPO plans for individuals and employer groups with two or more employees. It also provides vision plans that issue a fixed reimbursement for eye exams and materials, alongside short-term medical solutions for those requiring temporary health protection. IHC further offers a variety of supplemental insurance policies, such as hospital indemnity, fixed indemnity with limited benefits, critical illness, accident medical coverage, and life insurance. Pet insurance is another key offering. For workplace incidents, the company provides specialized occupational accident insurance products, which deliver benefits for accidental death, disability, and medical expenses arising from work-related injuries. Additionally, Independence Holding Company furnishes employers with group long-term and short-term disability insurance, alongside a specific New York short-term disability plan designed to provide temporary wage replacement. Its group term life portfolio encompasses standard group term life, accidental death and dismemberment (AD&D), supplemental life and AD&D, and dependent life products. The company also deals in Medicare supplements and advantage plans, employer group and individual insurance programs (including self-funded options), and Affordable Care Act (ACA) plans. IHC distributes its comprehensive suite of products via a network of general agents, independent brokers, and independent producers. Established in 1980, the company is headquartered in Stamford, Connecticut.

the stock is valued at a price-to-earnings (P/E) ratio of 44.54, price-to-book of 1.80, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $56.96 and $57.01, and currently trades at or near its 52-week high. It pays a dividend yielding 0.77%.

On profitability, Independence Holding Company generates a return on equity (ROE) of 4.04%, return on capital employed of 35.83%, an operating margin of 6.76%, a net profit margin of 4.28%.

Official website: www.ihcgroup.com

Independence Holding Company by the numbers, 2011–2020

Between 2011 and 2020 Independence Holding Company reported revenue of $418.0M rising to $444.0M, a change of +6.2% across 10 years. Compounded, revenue has grown -3.2% a year over five years, 11.5% over three, 18.7% over the last twelve months. Net profit rose to $19.0M.

Operating margin went from 4.5% in 2011 to 6.7% in 2020, a gain of 2.3 percentage points. The most recent net margin is 4.28%. On a trailing twelve-month basis to Sep '21, revenue is $300.0M and net profit $104.0M.

Borrowings fell from $48.0M to $10.0M, cash from operations was $51.0M in the latest year, positive in 6 of the last 10.

Return on equity has averaged 10.2% over five years, and was 4.0% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Independence Holding Company (IHC) — frequently asked questions