Hagerty, Inc. financial data

Symbol
HGTY on NYSE
Location
121 Drivers Edge, Traverse City, MI
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2025 - Aug 4, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 101 % -24.8%
Quick Ratio 1.47 % +109%
Debt-to-equity 771 % -38.6%
Return On Equity 2.79 %
Return On Assets 0.76 %
Operating Margin 6.87 % +26.7%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 346M shares +1.39%
Entity Public Float 297M USD +28%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.3B USD +17.9%
Revenue from Contract with Customer, Excluding Assessed Tax 614M USD +22.6%
Selling and Marketing Expense 225M USD +34.7%
General and Administrative Expense 86M USD +2.45%
Operating Income (Loss) 89.6M USD +49.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 118M USD +19.6%
Income Tax Expense (Benefit) 16.1M USD -20.1%
Net Income (Loss) Attributable to Parent 10.4M USD

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 140M USD +16%
Accounts Receivable, after Allowance for Credit Loss, Current 108M USD +22.1%
Inventory, Net 17.7M USD +26.9%
Other Assets, Current 116M USD +37.5%
Assets, Current 1.21B USD +19.8%
Property, Plant and Equipment, Net 17.3M USD -13.3%
Operating Lease, Right-of-Use Asset 42.5M USD -9.89%
Intangible Assets, Net (Excluding Goodwill) 86.7M USD +4.7%
Goodwill 114M USD 0%
Other Assets, Noncurrent 66.7M USD +43.1%
Assets 2.04B USD +18%
Contract with Customer, Liability, Current 36.6M USD -0.03%
Liabilities, Current 1.15B USD +18.1%
Contract with Customer, Liability, Noncurrent 14.3M USD -12.3%
Deferred Income Tax Liabilities, Net 21.9M USD +21.4%
Operating Lease, Liability, Noncurrent 40.9M USD -12.4%
Other Liabilities, Noncurrent 3.27M USD +10.3%
Liabilities 1.38B USD +15.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax 262K USD
Retained Earnings (Accumulated Deficit) -433M USD +5.94%
Stockholders' Equity Attributable to Parent 172M USD +82.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 578M USD +27.2%
Liabilities and Equity 2.04B USD +18%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 43.8M USD -24.7%
Net Cash Provided by (Used in) Financing Activities 14.2M USD
Net Cash Provided by (Used in) Investing Activities -4.48M USD +75.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 53.5M USD +2011%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 331M USD +4.77%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.81M USD +45.7%
Deferred Tax Assets, Valuation Allowance 176M USD +6.07%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 194M USD +5.12%
Operating Lease, Liability 47.7M USD -10.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 20.8M USD -0.41%
Lessee, Operating Lease, Liability, to be Paid 58.3M USD -11.5%
Property, Plant and Equipment, Gross 45.6M USD +1.3%
Operating Lease, Liability, Current 6.78M USD +4.91%
Lessee, Operating Lease, Liability, to be Paid, Year Two 8.16M USD +0.42%
Lessee, Operating Lease, Liability, to be Paid, Year One 8.62M USD -1.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -939K USD -64.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 10.6M USD -16.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.07M USD +3.39%
Deferred Tax Assets, Operating Loss Carryforwards 23.3M USD +35.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 20M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 6.28M USD -19.8%
Additional Paid in Capital 605M USD +8.93%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 24.6M USD -15.5%
Depreciation, Depletion and Amortization 36.7M USD -13.2%
Deferred Tax Assets, Net of Valuation Allowance 17.4M USD +19.9%
Share-based Payment Arrangement, Expense 18M USD -4.02%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%