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MARKETS / NYSE / HGTY
NYSE · INSURANCE AGENTS, BROKERS & SERVICE · MID CAP

Hagerty, Inc. HGTY

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$677.6M
▲ 23.5% YoY
$149.2M
▲ 90.6% YoY
$194.5M
▲ 24.9% YoY
In brief

What this company does

Hagerty, Inc. operates as a Managing General Agent, underwriting, selling and servicing collector car and enthusiast vehicle insurance policies on behalf of its insurance carrier partners. As of December 31, 2025, 2.8 million collector cars and enthusiast vehicles were covered by its insurance policies. As of December 31, 2025, it had 1,891 full-time employees. It operates its business and reports its financial performance using two segments, Insurance and Marketplace. Its Marketplace segment offerings include live auctions and an online sale platform, as well as brokered private sales, in which it facilitates transactions on behalf of sellers and buyers. The first Hagerty company was founded in 1984, and Hagerty, Inc., a Delaware corporation, was formed in 2020 and became a public company on the New York Stock Exchange in 2021 under the ticker symbol HGTY.

Written from the business description in Hagerty, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
USD 677.6M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 677.6 · Net income 149.2
250.0M500.0M202020212022202320242025
Compound annual growth
+20.9%
+19.4%
+296.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +19.4% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
22 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 20.5% · Net 22.0%
10%20%-5%-10%-15%202020212022202320242025
ROE

No chart to show — the reason differs by year; see each year in the table below.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 194.5
80M160M202020212022202320242025

Total assetsUSD 2.1B
EquityUSD 221.3M
CashUSD 160.2M
Gross debtUSD 177.9M
Net debtUSD 17.7M

Net debt stands at 8% of equity.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.70.50.50.40.30.3
Operating income $B0.10.10.0−0.1−0.00.0
EBITDA $B0.20.10.1−0.00.00.0
Income tax $B−0.00.00.00.00.00.0
Net income $B0.10.10.00.0−0.10.0
Free cash flow $B0.20.20.10.0−0.00.0
EPS, diluted $····−0.56101.66
Dividend / sh $······
Payout %······
ROE %······
Shares out B·0.350.340.340.33·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 18 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 58 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityInsurance Agents, Brokers & Service
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2020

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