Hagerty, Inc. (HGTY)
NYSE: HGTY · Real-Time Price · USD
13.40
+0.32 (2.45%)
At close: Aug 24, 2026, 4:00 PM EDT
13.41
+0.01 (0.07%)
After-hours: Aug 24, 2026, 7:30 PM EDT

Hagerty Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,4151,4561,2421,027787.59619.08
Revenue Growth
3.75%17.31%20.87%30.41%27.22%23.93%
Gross Profit
804.13907.41721.45589.56405.64325.1
Operating Income
189.5180.08107.850.14-49.24-10.07
Net Income
15.9938.688.915.8832.08-46.36
Earnings Per Share
0.160.370.100.09-0.07-0.56
EPS Growth
-21.48%263.56%8.26%---

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Commission and Fee
253.35433.69381.3289.53247.45214.24
Contingent Commission
29.5552.6941.9475.9859.7957.34
Earned Premium
871.18726.73643.32531.87403.06295.82
Marketplace
-119.254.5528.09--
Membership and Other
-82.3878.9374.75--
Net Investment Income
-38.6539.2526.9--
Net Investment Gains
-3.062.22---
Revenue (Total)
1,4351,4561,2421,027787.59619.08

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,055891.32694.31119.2795.17275.33
Total Debt
258.31223.59105.76187.64189.05135.5
Net Cash (Debt)
796.5667.73588.55-68.37-93.88139.83
Net Cash Growth
1260.07%13.45%----
Net Cash Per Share
2.261.926.65-0.20-0.281.70

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
307.43218.99177.02133.7155.3342.28
Capital Expenditures
-28.94-24.54-21.34-26.4-44.38-43.37
Free Cash Flow
278.49194.45155.68107.310.95-1.09
Free Cash Flow Growth
111.74%24.90%45.08%879.67%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
56.81%62.30%58.11%57.40%51.51%52.51%
Operating Margin
13.39%12.37%8.68%4.88%-6.25%-1.63%
Pretax Margin
1.88%9.04%6.95%4.00%1.20%-8.82%
Profit Margin
1.13%2.66%0.72%1.55%4.07%-7.49%
FCF Margin
19.68%13.35%12.54%10.45%1.39%-0.18%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
83.7534.9297.6241.5521.81-
Forward PE
35.1036.6333.5165.00--
P/FCF Ratio
16.536.955.586.1563.89-
PS Ratio
3.250.930.700.640.891.89