Hagerty, Inc.

Hagerty, Inc.

HGTY
Hagerty, Inc.US flagNew York Stock Exchange
13.58
USD
-0.12
- -
4.66BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.66
4.83
6.07
7
10.03
12.34
14.09
15.43
14.4
Basic EPS, GAAP
0.1
0.05
0.12
-0.56
0.39
0.23
0.19
0.52
0.26
Free Cash Flow per Basic Share
0.46
0.49
0.56
-0.01
0.13
1.59
2.02
2.32
3.08
Dividend per Share
- -
- -
0.05
0.05
- -
- -
- -
- -
- -
Book Value per Share
- -
1.34
1.42
-3.93
0.71
1.1
1.67
2.2
2.12
Tangible Book Value per Share
- -
1.09
0.8
-5
-1.92
-1.34
-0.6
0.18
0.12
Basic Weighted Avg Shares
82
82
82
82
83
84
88
94
100
Sales/Revenue/Turnover
302
397
500
577
829
1,039
1,233
1,456
1,435
Operating Margin (%)
2.85
2.73
3.17
- -
- -
- -
- -
- -
- -
Depreciation Expense
8
9
12
22
34
46
39
38
39
Net Income, GAAP
8
4
10
-46
32
20
17
49
25
Effective Tax Rate (%)
1.42
63.29
32.44
- -
63.24
37.06
16.42
- -
28.06
Profit Margin (%)
2.81
1.06
2.04
-8.04
3.87
1.95
1.38
3.37
1.77
Working Capital
- -
93
129
- -
- -
- -
- -
- -
- -
LT Debt
- -
26
69
136
84
82
25
25
25
Total Equity
- -
110
117
271
367
411
524
660
650
Return on Invested Capital (%)
- -
4.72
5.91
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
5.17
5.9
- -
12.83
2.59
-6.7
- -
-6.82
Return on Common Equity (%)
- -
7.62
8.93
- -
- -
25.74
14
26.38
13.13

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
153
204
191
LT Borrowings
25
25
25
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
101
101
102
Market Capitalization
1,354
1,064
1,214

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
478
476
603
Accounts Receivable, Net
292
132
160
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
293
102
123
ST Debt
153
204
191
Deferred Revenue
46
46
51

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
46.38%
26.15%
Free Cash Flow
- -
-6.26%
23.7%
Net Income, GAAP
- -
-118%
188.05%
Sales/Revenue/Turnover
- -
24.27%
18.12%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
266
311
323
292
1,233
2025
328
379
380
388
1,456
2026
312
355
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
0.12
0.05
0.03
0.19
2025
0.09
0.12
0.22
- -
0.52
2026
-0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
McKeel O. Hagerty
Full Time Employees
1,891
Sector
Financial Services
Industry
Insurance - Property & Casualty
Address
121 Drivers Edge Traverse City MI United States of America 49684-4203
IPO Date
Jun 1, 2021
Business
Hagerty, Inc. Hagerty, Inc. (HGTY) operates as a leading automotive enthusiast brand and provider of specialty insurance for classic and collector vehicles, enthusiast cars, motorcycles, and boats worldwide. The company underwrites, sells, and services collector car and enthusiast vehicle insurance policies featuring Guaranteed Value coverage, flexible usage policies, and specialized claims handling; offers Hagerty Drivers Club (HDC) memberships bundled with insurance that provide roadside assistance, Hagerty magazine, exclusive events, proprietary vehicle valuation tools, and discounts; and delivers marketplace services for buying and selling vehicles through live and digital auctions, as well as media and entertainment content including Hagerty Originals videos, articles, and immersive events such as the Amelia Island Concours d'Elegance, Greenwich Concours d'Elegance, and California Mille. Founded in 1984 and headquartered in Traverse City, Michigan, Hagerty insures approximately 2.6 million vehicles, primarily in the United States with operations extending to Canada, the United Kingdom, and Germany, and employs around 1,744 people serving automotive enthusiasts globally. Recent developments include a November 2025 partnership with Liberty Mutual Insurance to offer Hagerty's collectible car coverage to its policyholders starting in 2026; expansion of its State Farm Classic+ partnership to 25-27 U.S. states by year-end 2025 with plans for further rollout; launch of the Enthusiast Plus program targeting younger customers with newer collector cars using a new digital platform; and a July 2025 letter of intent with longtime partner Markel to transition to 100% risk retention via a new fronting arrangement effective January 2026, enhancing underwriting control and profitability.

Company News

  • SERIOUSLY COOL CARS WITH EXCEPTIONAL PROVENANCE AT BROAD ARROW'S 2026 ZOUTE LIVE AND ONLINE AUCTIONS

  • Hagerty (NYSE:HGTY) versus Accelerant (NYSE:ARX) Financial Analysis

  • Broad Arrow's Inaugural Audrain Concours Auction Offers Exceptional Cars for Enthusiasts of All Kinds

  • Hagerty: Shrugging Off The Secondary And Hitting New Highs

  • Reliving Rad - The OG Celebration of '80s and '90s Cars and Culture is Back! RADwood NorCal Returns on October 24th

  • ULTRA-RARE MCA CENTENAIRE, MONACO'S FIRST SUPERCAR, OFFERED AT BROAD ARROW'S 2026 ZOUTE CONCOURS AUCTION

  • ‘HOLY TRINITY' LEADS EXCITING HYPERCARS AND SUPERCARS AT BROAD ARROW'S SECOND ANNUAL ZOUTE CONCOURS AUCTION

  • A True Driver's Ferrari Enzo to Lead Broad Arrow's Second Annual Las Vegas Auction

  • Holding Corp. Hagerty Sells 1,387,500 Shares of Hagerty (NYSE:HGTY) Stock

  • Holding Corp. Hagerty Sells 9,250,000 Shares of Hagerty (NYSE:HGTY) Stock

  • Hagerty Announces Pricing of its Upsized Secondary Offering of Class A Common Stock

  • Hagerty Announces Pricing of its Upsized Secondary Offering of Class A Common Stock

  • Hagerty Announces Secondary Offering of its Class A Common Stock

  • BROAD ARROW PRESENTS ULTIMATE PERFORMANCE CARS AT ITS SECOND ANNUAL ZÜRICH AUCTION

  • BROAD ARROW PRESENTS ULTIMATE PERFORMANCE CARS AT ITS SECOND ANNUAL ZÜRICH AUCTION

  • Earnings Estimates Moving Higher for Hagerty (HGTY): Time to Buy?

  • Ferrari Enzo Tops Broad Arrow's Record-Setting $97.4 Million Debut of The Quail Auction

  • Should You Buy Hagerty, Inc. (HGTY) After Golden Cross?

  • Dimensional Fund Advisors LP Increases Stake in Hagerty, Inc. $HGTY

  • Hagerty Q2 Earnings Call Highlights