Hagerty, Inc.
NYSE•HGTY
CEO: Mr. McKeel O. Hagerty
Sector: Financial Services
Industry: Insurance - Property & Casualty
Listing Date: 2021-06-01
Hagerty, Inc. provides insurance agency services worldwide. It offers motor vehicle and boat insurance products; and reinsurance products. The company provides Hagerty Media, which publishes contents through the Hagerty Drivers Club Magazine (HDC), video content, and social media channels; HDC that offers subscription based products and services, including HDC Magazine, automotive enthusiast events, proprietary vehicle valuation tools, emergency roadside services, and special vehicle-related discounts. In addition, it offers HVT, a valuation tool used by the customer to access current and historic pricing data of collector vehicle models. Further, the company offers Hagerty Garage + Social, a platform that provides clubhouses and car storage facilities. Hagerty, Inc. is headquartered in Traverse City, Michigan.
Contact Information
Market Cap
$3.64B
P/E (TTM)
21.7
11.8
Dividend Yield
--
52W High
$14.00
52W Low
$8.03
52W Range
Rank21Top 7.6%
6.0
F-Score
Modified Piotroski Analysis
Based on 7-year fundamentals
Strong • 6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2019-2025
Financial Dashboard
Q4 2025 Data
Revenue
$357.33M+0.00%
4-Quarter Trend
EPS
$0.10+0.00%
4-Quarter Trend
FCF
$23.07M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Net Income Soars 90.6% Net Income reached $149.2M, marking a substantial 90.6% increase over prior year results for 2025.
Marketplace Revenue Doubles Marketplace revenue surged 116.6% to $120.1M, fueled by Broad Arrow's inaugural European auction expansion.
Insurance Profitability Improves Hagerty Re Combined Ratio improved 7.5 points to 86.6%, demonstrating strong underwriting profitability improvement.
Strong Policy Growth Policies in Force grew 11.8% to 1.68M, supported by 33.3% New Business Count increase in Insurance segment.
Risk Factors
Fronting Arrangement Volatility 100% risk assumption via Markel Fronting Arrangement increases underwriting volatility exposure starting January 2026.
Key Partner Dependence Business relies heavily on limited underwriting carrier partners, risking disruption upon termination or misalignment.
Cybersecurity Threat Exposure Cyber threats and resiliency failures could impair website availability and crucial technology operations across platforms.
Regulatory Compliance Burden Extensive, complex, and evolving legal regulations increase compliance costs and may restrict data usage practices.
Outlook
Markel Risk Shift Complete Full 100% risk assumption from Markel effective January 2026, aiming for enhanced profitability and operational control.
Enthusiast+ Nationwide Rollout Enthusiast+ product launch in Colorado signals phased nationwide rollout planned over the next four years.
Marketplace Expansion Continues Broad Arrow plans further auction calendar expansion, including inaugural Paris auction scheduled for Q1 2026.
New Segment Reporting Segment reporting updated to Insurance and Marketplace reflecting geographic and revenue expansion starting Q4 2025.
Peer Comparison
Revenue (TTM)
$5.99B
$5.34B
$4.49B
Gross Margin (Latest Quarter)
100.0%
100.0%
99.4%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| WTM | $5.49B | 5.1 | 22.9% | 6.8% |
| SIGI | $5.06B | 10.9 | 13.6% | 6.0% |
| MCY | $5.06B | 9.3 | 25.6% | 6.1% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
3.8%
Moderate Growth
4Q Net Income CAGR
1.8%
Profitability Slowly Improving
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:May 5, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data