Hagerty, Inc. financial data

Symbol
HGTY on NYSE
Location
Traverse City, MI
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 04 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 100% % -19%
Quick Ratio 1.5% % 73%
Debt-to-equity 734% % -31%
Operating Margin 8.4% % 79%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 346,042,267 shares 0.26%
Entity Public Float $296,600,000 USD 28%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $1,360,017,000 USD 18%
Revenue from Contract with Customer, Excluding Assessed Tax $648,192,000 USD 25%
Selling and Marketing Expense $243,410,000 USD 36%
General and Administrative Expense $89,636,000 USD 8.5%
Operating Income (Loss) $113,782,000 USD 111%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $113,383,000 USD 21%
Income Tax Expense (Benefit) $15,723,000 USD -208%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $160,386,000 USD 9%
Accounts Receivable, after Allowance for Credit Loss, Current $107,476,000 USD 15%
Inventory, Net $14,168,000 USD 58%
Other Assets, Current $99,073,000 USD 27%
Assets, Current $1,214,320,000 USD 20%
Property, Plant and Equipment, Net $17,110,000 USD -8.4%
Operating Lease, Right-of-Use Asset $42,229,000 USD -8%
Intangible Assets, Net (Excluding Goodwill) $88,452,000 USD -3.9%
Goodwill $114,150,000 USD -0.02%
Other Assets, Noncurrent $85,960,000 USD 57%
Assets $2,151,955,000 USD 18%
Contract with Customer, Liability, Current $36,602,000 USD -0.03%
Liabilities, Current $1,216,148,000 USD 21%
Contract with Customer, Liability, Noncurrent $14,334,000 USD -12%
Deferred Income Tax Liabilities, Net $24,185,000 USD 15%
Operating Lease, Liability, Noncurrent $40,511,000 USD -9.7%
Other Liabilities, Noncurrent $14,021,000 USD 234%
Liabilities $1,437,164,000 USD 19%
Accumulated Other Comprehensive Income (Loss), Net of Tax $998,000 USD -31%
Retained Earnings (Accumulated Deficit) $411,786,000 USD 9.5%
Stockholders' Equity Attributable to Parent $211,651,000 USD 43%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $630,075,000 USD 20%
Liabilities and Equity $2,151,955,000 USD 18%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $43,830,000 USD -25%
Net Cash Provided by (Used in) Financing Activities $14,244,000 USD
Net Cash Provided by (Used in) Investing Activities $4,481,000 USD 75%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $53,463,000 USD 2011%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $332,647,000 USD 2.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities $1,807,000 USD 46%
Deferred Tax Assets, Valuation Allowance $136,800,000 USD -20%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross $45,265,000 USD
Operating Lease, Liability $47,371,000 USD -8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $35,320,000 USD 55%
Lessee, Operating Lease, Liability, to be Paid $57,690,000 USD -9.3%
Property, Plant and Equipment, Gross $45,552,000 USD 1.3%
Operating Lease, Liability, Current $6,860,000 USD 3.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two $8,518,000 USD 2.7%
Lessee, Operating Lease, Liability, to be Paid, Year One $8,971,000 USD 0.08%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) $939,000 USD -64%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $10,319,000 USD -15%
Lessee, Operating Lease, Liability, to be Paid, Year Three $8,446,000 USD 6.8%
Preferred Stock, Shares Authorized 20,000,000 shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four $6,665,000 USD -16%
Additional Paid in Capital $622,405,000 USD 3.4%
Amortization of Intangible Assets $24,100,000 USD -15%
Depreciation, Depletion and Amortization $36,881,000 USD -9.3%
Deferred Tax Assets, Net of Valuation Allowance $17,435,000 USD 20%
Share-based Payment Arrangement, Expense $18,966,000 USD 6.1%