Hagerty, Inc. (HGTY)
NYSE: HGTY · Real-Time Price · USD
15.58
-0.21 (-1.33%)
Oct 23, 2026, 4:00 PM EDT - Market closed

Hagerty Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 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 Year
TTMFY 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 Year
CurrentFY 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 Year
TTMFY 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 Year
TTMFY 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 Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
97.3734.9297.6241.5521.81-
Forward PE
39.9336.6333.5165.00--
P/FCF Ratio
19.226.955.586.1563.89-
PS Ratio
3.780.930.700.640.891.89