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Hagerty(NYSE) HGTY

Market Cap$1.34BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2021)+35%
5 Year+35%
1 Year+23%
1 Month+7%
$13.13
-3.53%
-0.48Today
After hours$13.11-$0.02 (-0.15%)
Hagerty last closing stock price
MetricPriceDate
Last closeUSD 13.122026-08-10
Hagerty stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+13.59%USD 11.552026-08-03
1 month+7.28%USD 12.232026-07-10
3 month+31.33%USD 9.992026-05-12
Year to date-2.38%USD 13.442025-12-31
1 year+23.19%USD 10.652025-08-08
3 year+43.08%USD 9.172023-08-11
5 year+34.98%USD 9.722021-08-11
Since inception+34.56%USD 9.752021-06-01

Hagerty Financials at a Glance

Market Cap

$1.34BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$1.40B

Net Income (TTM)

$25.46M

EPS (TTM)

$0.10

P/E Ratio

134.84

Dividend

$0.00

Beta (Volatility)

0.60 (Low)

Price

$13.13

Volume

224,821

Open

$13.54

Previous Close

$13.12

Daily Range

$13.05 - $13.58

52-Week Range

$9.36 - $14.00

Estimated Earnings Date

Nov 4, 2026

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About Hagerty

Hagerty helps people protect and enjoy their special cars. It offers insurance made for collector and classic vehicles. The company also helps members buy and sell cars.

How Hagerty Serves Enthusiasts

  • Insurance Services: Underwriting and servicing policies for classic cars and boats; accounts for 92% of revenue.
  • Drivers Club: Membership program offering roadside assistance, valuation tools, and enthusiast media.
  • Marketplace: Live and digital auctions for buying and selling collector vehicles; accounts for 8% of revenue.
  • Broad Arrow Capital: Financing solutions and loans secured by high-value collector cars.

Strategic Moves and New Markets

  • Acquired Consolidated National Insurance Company in September 2024 to expand insurance licensing.
  • Launched Enthusiast+ in 2025 as a new product for modern enthusiast vehicles.
  • Acquired Broad Arrow Group, Inc. in August 2022 to enter the high-end vehicle auction market.
  • Entered the Markel Fronting Arrangement in 2026 to assume more risk on issued policies.
  • Partnered with BMW AG for the Concorso d'Eleganza Villa d'Este Auction in 2025.

The Competitive Edge

Hagerty combines insurance with a membership club and a vehicle marketplace to create a specialized ecosystem. The company uses decades of proprietary auction and sales data to value classic cars more accurately than standard insurers.

Financial Performance Highlights

  • Revenue reached $357.3 million in Q4 2025, up 22.5% year-over-year.
  • Operating income hit $39.7 million in Q4 2025, up 185.6% from Q4 2024.
  • Net income rose to $8.8 million in Q4 2025, up 184.3% from the previous year.
  • Free cash flow turned positive at $23.1 million in Q4 2025, improving from a loss of $16.7 million in Q4 2024.
  • Market capitalization reached $4.7 billion in Q4 2025, up 436.7% from $868.8 million in Q4 2024.

Bottom Line

Hagerty has evolved from a specialty insurance agency into a broad ecosystem for automotive enthusiasts. Integrating auctions and car financing into its insurance base supports its transition toward a full-service marketplace.

AI Generated • May 2, 2026

Industry

Insurance

Employees

1,891

CEO

McKeel O. Hagerty

Headquarters

Traverse City, MI 49684-4203, US

HGTY Financials

Key Financial Metrics (TTM)

Gross Margin

75.24%

Operating Margin

2.45%

Net Income Margin

1.81%

Return on Equity

9.81%

Return on Capital

25.75%

Return on Assets

1.19%

Earnings Yield

0.74%

Dividend Yield

0.00%

Payout Ratio

21.99%

Stock Overview

Market Cap

$1.34BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

102.07M

Volume

224.82K

Avg. Volume

165.54K

Financials (TTM)

Gross Profit

$1.06B

Operating Income

$34.33M

EBITDA

$72.96M

Operating Cash Flow

$307.43M

Capital Expenditure

-$28.94M

Free Cash Flow

$278.49M

Cash & ST Invst.

$1.17B

Total Debt

$262.73M

Hagerty Performance Analysis

Hagerty annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 829,487,00043.9%
20232023-12-31USD 1,011,756,00022.0%
20242024-12-31USD 1,232,966,00021.9%
20252025-12-31USD 1,456,389,00018.1%
Hagerty sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-303.1%
Q42025-12-31-6.0%
Q12026-03-31-12.7%
Q22026-06-3013.8%
Hagerty annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -0.07-87.3%
20232023-12-31USD 0.09N/A
20242024-12-31USD 0.108.2%
20252025-12-31USD 0.37263.4%
Hagerty sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3017.9%
Q42025-12-31-41.2%
Q12026-03-31-192.7%
Q22026-06-3072.7%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$354.82M

-3.8%

Gross Profit

$244.11M

-16.8%

Gross Margin

68.80%

N/A

Market Cap

$1.34BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$708.18K

N/A

Employees

1,891

N/A

Net Income

$280.00K

-97.4%

EBITDA

$11.95M

-80.8%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$1.17B

+350.3%

Total Debt

$262.73M

-5.2%

Accounts Receivable

$132.73M

-72.7%

Inventory

$0.00

N/A

Long Term Debt

$258.31M

+73.6%

Short Term Debt

$4.42M

-96.6%

Return on Assets

1.19%

N/A

Return on Invested Capital

1.60%

N/A

Free Cash Flow

$161.66M

+238.7%

Operating Cash Flow

$169.90M

+215.3%

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Questions About HGTY

What is the current price of Hagerty?

Hagerty is trading at $13.12 per share.

What is the 52-week range for Hagerty?

Over the past 52 weeks, Hagerty has traded between $9.36 and $14.00.

How much debt does Hagerty have?

As of the most recent reporting period, Hagerty reported total debt of $262.73M.

How much cash does Hagerty have on hand?

Hagerty reported $467.64M in cash and cash equivalents in its most recent financial results.

What is Hagerty’s dividend yield?

Hagerty does not currently have a dividend yield.

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