Hagerty Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	160.39	104.78	108.33	95.17	275.33	38.11
Short-Term Investments	130.15	73.96	10.95	-	-	-
Cash & Short-Term Investments	290.53	178.74	119.27	95.17	275.33	38.11
Cash Growth	39.05%	49.86%	25.32%	-65.43%	622.50%	74.74%
Accounts Receivable	107.48	84.76	71.53	58.26	46.73	33.88
Other Receivables	258.32	174.18	216.64	160.85	132.89	107.17
Receivables	459.96	304.36	324.07	244.6	179.62	141.05
Prepaid Expenses	-	-	-	-	30.16	14.66
Restricted Cash	172.26	128.06	615.95	444.02	328.64	260.97
Other Current Assets	291.57	247.25	190.93	152.99	81.54	58.57
Total Current Assets	1,214	858.41	1,250	936.78	895.28	513.36
Property, Plant & Equipment	42.23	62.69	71.28	107.65	28.36	25.82
Long-Term Investments	543.77	515.57	7.73	-	-	-
Goodwill	114.15	114.12	114.21	115.04	11.49	4.75
Other Intangible Assets	88.45	90.11	91.92	104.02	76.17	46.62
Other Long-Term Assets	85.96	56.89	35.83	37.08	30.57	20.17
Total Assets	2,152	1,709	1,588	1,313	1,042	610.71
Accounts Payable	139.01	66.47	80.68	77.05	9.08	11.55
Accrued Expenses	107.47	77.39	108.74	77.08	108.56	80.07
Current Portion of Leases	6.86	6.72	6.5	-	-	-
Current Unearned Revenue	611.01	497.8	447.88	277.8	210.79	157.99
Other Current Liabilities	278.68	267.08	198.51	235.43	167.38	127.65
Total Current Liabilities	1,216	915.45	842.3	667.36	495.82	384.75
Long-Term Debt	104.39	104.97	130.68	108.28	135.5	69.8
Long-Term Leases	40.51	43.18	50.46	80.77	-	-
Long-Term Unearned Revenue	-	15.33	17.34	19.17	19.67	19.67
Long-Term Deferred Tax Liabilities	24.19	18.07	15.94	12.85	10.51	-
Other Long-Term Liabilities	51.93	4.18	38.16	56.72	109.58	19.17
Total Liabilities	1,437	1,101	1,095	945.15	771.07	493.39
Common Stock	0.03	0.03	0.03	0.03	0.03	62.32
Additional Paid-In Capital	622.41	603.78	561.75	549.03	160.19	-
Retained Earnings	-411.79	-451.98	-469	-489.6	-482.28	56.83
Comprehensive Income & Other	1	-1.51	-0.09	-0.21	-1.73	-1.95
Total Common Equity	211.65	150.32	92.7	59.25	-323.78	117.2
Minority Interest	418.42	373.18	317.81	308.12	594.58	0.12
Shareholders' Equity	714.79	608.17	493.35	367.37	270.8	117.32
Total Liabilities & Equity	2,152	1,709	1,588	1,313	1,042	610.71
Total Debt	224.88	154.86	187.64	189.05	135.5	69.8
Net Cash (Debt)	65.66	23.88	-68.37	-93.88	139.83	-31.69
Net Cash Per Share	0.23	0.27	-0.20	-0.28	1.70	-316.93
Filing Date Shares Outstanding	100.51	90.04	84.66	83.21	82.45	0.1
Total Common Shares Outstanding	100.43	90.03	84.59	83.2	82.33	0.1
Working Capital	-1.83	-57.04	407.92	269.43	399.47	128.61
Book Value Per Share	2.11	1.67	1.10	0.71	-3.93	1171.98
Tangible Book Value	9.05	-53.91	-113.43	-159.81	-411.44	65.84
Tangible Book Value Per Share	0.09	-0.60	-1.34	-1.92	-5.00	658.36
Land	-	0.42	0.93	0.93	0.93	0.93
Buildings	-	1.2	1.2	1.2	1.75	1.75
Machinery	-	35.41	33.83	35.68	36.26	40.19
Leasehold Improvements	-	8.52	9.01	9.3	10.31	7.92

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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