Hagerty, Inc. (HGTY)

Hagerty Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	35.87	9.59	16.55	32.08	-46.36	10.17
Depreciation & Amortization	36.88	38.91	45.81	33.89	22.14	11.8
Loss (Gain) From Sale of Assets	1.54	0.5	1.89	4.32	2.43	2.65
Asset Writedown & Restructuring Costs	-	-	1.15	4.7	-	-
Loss (Gain) From Sale of Investments	-2.59	-2.22	-	-34.74	-	-
Stock-Based Compensation	18.97	17.36	18.02	12.13	-	-
Other Operating Activities	98.74	90.15	16.05	-55.52	30.74	2.11
Change in Accounts Receivable	-69.69	26.5	-69.88	-52.04	-39.12	-14.5
Change in Accounts Payable	-	-	-	-	-	4.6
Change in Unearned Revenue	76.02	48.68	96.69	73.95	-	22.21
Change in Other Net Operating Assets	-18.48	-52.44	7.42	36.56	72.46	45.54
Operating Cash Flow	177.27	177.02	133.71	55.33	42.28	84.57
Operating Cash Flow Growth	-7.25%	32.40%	141.66%	30.86%	-50.01%	68.84%
Capital Expenditures	-22.57	-21.34	-26.4	-44.38	-43.37	-38.26
Cash Acquisitions	-3.38	-25.12	-8.68	-15.4	-14.61	-8.88
Investment in Securities	-137.02	-567.1	-3.1	-18.27	-11.06	-
Other Investing Activities	-15.92	-5	-14.46	-13.47	0.05	-0.26
Investing Cash Flow	-178.88	-618.56	-52.65	-91.52	-68.99	-47.39
Long-Term Debt Issued	-	61.97	161.55	94.37	108.04	73
Long-Term Debt Repaid	-	-90.78	-139.85	-122.5	-42.5	-29.1
Net Debt Issued (Repaid)	51.71	-28.8	21.7	-28.13	65.54	43.9
Repurchase of Common Stock	-3.66	-5.84	-	-	-	-
Preferred Dividends Paid	-5.6	-5.6	-	-	-	-
Common Dividends Paid	-	-	-	-	-4.06	-4
Dividends Paid	-5.6	-5.6	-	-	-4.06	-4
Other Financing Activities	-31.84	-6.68	2.31	0.05	270.59	0.05
Financing Cash Flow	10.61	-46.92	103.16	-28.08	332.07	39.95
Foreign Exchange Rate Adjustments	0.23	-2.97	0.87	-0.5	-0.46	0.89
Net Cash Flow	9.22	-491.43	185.09	-64.78	304.89	78.02
Free Cash Flow	154.7	155.68	107.3	10.95	-1.09	46.31
Free Cash Flow Growth	-8.46%	45.08%	879.67%	-	-	13.83%
Free Cash Flow Margin	11.38%	12.97%	10.73%	1.39%	-0.18%	9.27%
Free Cash Flow Per Share	0.55	1.76	0.32	0.03	-0.01	463.14
Cash Interest Paid	10.41	8.61	6.13	4.87	2.5	1.51
Cash Income Tax Paid	12.78	17.87	10.5	5.25	2.16	3.87
Levered Free Cash Flow	117.66	596.97	-72.83	-79.26	-62.4	-36.68
Unlevered Free Cash Flow	122.31	600.59	-68.95	-79.26	-61.15	-36.06
Change in Working Capital	-12.14	22.74	34.23	58.47	33.33	57.85

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

SEC Filings: 10-K · 10-Q