Hagerty, Inc. financial data

Symbol
HGTY on NYSE
Industry
Insurance Agents, Brokers & Service
Location
121 Drivers Edge, Traverse City, MI
State of incorporation
DE
Fiscal year end
December 31
Former names
Aldel Financial Inc. (to 11/22/2021)
Latest financial report
10-K - Q4 2024 - Mar 4, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 110 % -21.4%
Quick Ratio 1.22 % +136%
Debt-to-equity 939 % -34.3%
Return On Equity 2.79 %
Return On Assets 0.76 %
Operating Margin 5.53 % +431%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 345M shares +1.51%
Entity Public Float 297M USD +28%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.2B USD +20%
Revenue from Contract with Customer, Excluding Assessed Tax 549M USD +18.4%
Selling and Marketing Expense 191M USD +21.8%
General and Administrative Expense 82.5M USD -3.43%
Operating Income (Loss) 66.4M USD +538%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 93.7M USD +109%
Income Tax Expense (Benefit) 15.4M USD -7.32%
Net Income (Loss) Attributable to Parent 10.4M USD

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 105M USD -3.27%
Accounts Receivable, after Allowance for Credit Loss, Current 84.8M USD +18.5%
Inventory, Net 18.5M USD +267%
Other Assets, Current 90.8M USD +84.2%
Assets, Current 858M USD -31.3%
Property, Plant and Equipment, Net 18.2M USD -12.3%
Operating Lease, Right-of-Use Asset 44.5M USD -11.9%
Intangible Assets, Net (Excluding Goodwill) 90.1M USD -1.98%
Goodwill 114M USD -0.08%
Other Assets, Noncurrent 56.9M USD +49.6%
Assets 1.71B USD +7.63%
Contract with Customer, Liability, Current 31.9M USD +5.24%
Liabilities, Current 915M USD +8.68%
Contract with Customer, Liability, Noncurrent 15.3M USD -11.5%
Deferred Income Tax Liabilities, Net 18.1M USD +13.4%
Operating Lease, Liability, Noncurrent 43.2M USD -14.4%
Other Liabilities, Noncurrent 4.18M USD +0.94%
Liabilities 1.1B USD +0.58%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.51M USD -1620%
Retained Earnings (Accumulated Deficit) -452M USD +3.63%
Stockholders' Equity Attributable to Parent 150M USD +62.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 524M USD +27.5%
Liabilities and Equity 1.71B USD +7.63%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 58.2M USD +397%
Net Cash Provided by (Used in) Financing Activities -37.2M USD -97.2%
Net Cash Provided by (Used in) Investing Activities -18.3M USD +26.3%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 2.53M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 233M USD -67.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.24M USD -45.6%
Deferred Tax Assets, Valuation Allowance 176M USD +3.85%
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 49.9M USD -12.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 8.16M USD -51.1%
Lessee, Operating Lease, Liability, to be Paid 61.4M USD -13.7%
Property, Plant and Equipment, Gross 45.6M USD +1.3%
Operating Lease, Liability, Current 6.72M USD +3.31%
Lessee, Operating Lease, Liability, to be Paid, Year Two 8.33M USD -4.66%
Lessee, Operating Lease, Liability, to be Paid, Year One 9.02M USD -0.54%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -571K USD -161%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 11.5M USD -18.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 7.94M USD -2.6%
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 7.91M USD -0.19%
Additional Paid in Capital 604M USD +7.48%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 26.7M USD -6.64%
Depreciation, Depletion and Amortization 38.9M USD -15.1%
Deferred Tax Assets, Net of Valuation Allowance 17.4M USD +19.9%
Share-based Payment Arrangement, Expense 17.4M USD -3.66%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%