Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 1.2B
Net Income 78.3M 6.57%
EPS (Diluted) $0.10

Balance Sheet Metrics

Total Assets 1.7B
Total Liabilities 1.2B
Shareholders Equity 523.5M
Debt to Equity 2.27

Cash Flow Metrics

Operating Cash Flow 63.8M
Free Cash Flow 155.7M

Revenue & Profitability Trend

Hagerty Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue1.2B1.0B829.5M576.5M499.5M
Cost of Goods Sold-----
Gross Profit-----
Operating Expenses494.5M458.7M429.4M343.9M275.9M
Operating Income----15.8M
Pre-tax Income93.7M44.8M11.1M-54.6M14.9M
Income Tax15.4M16.6M7.0M6.8M4.8M
Net Income78.3M28.2M2.4M-61.4M10.0M
EPS (Diluted)$0.10$0.09-$0.07-$0.56$0.12

Income Statement Trend

Hagerty Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets----513.4M
Non-Current Assets----97.4M
Total Assets1.7B---610.7M
Liabilities
Current Liabilities----384.8M
Non-Current Liabilities----108.6M
Total Liabilities1.2B---493.4M
Equity
Total Shareholders Equity523.5M410.5M367.4M270.8M117.3M

Balance Sheet Composition

Hagerty Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income78.3M28.2M2.4M-61.4M10.0M
Operating Cash Flow63.8M-17.4M-24.7M-101.7M26.5M
Investing Activities
Capital Expenditures---44.4M-43.4M-38.3M
Investing Cash Flow-597.2M-26.2M-84.5M-69.0M-47.4M
Financing Activities
Dividends Paid-00-4.1M-4.0M
Financing Cash Flow-46.9M101.6M-28.1M332.1M39.9M
Free Cash Flow155.7M107.3M11.0M-1.1M46.3M

Cash Flow Trend

Hagerty Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 48.10
Forward P/E 6.87
Price to Book 5.58
Price to Sales 2.76
PEG Ratio 6.87

Profitability Ratios

Profit Margin 1.55%
Operating Margin 8.05%
Return on Equity 15.99%
Return on Assets 2.95%

Financial Health

Current Ratio 1.01
Debt to Equity 29.28
Beta 0.91

Per Share Data

EPS (TTM) $0.21
Book Value per Share $1.81
Revenue per Share $14.04

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
hgty3.4B48.105.5815.99%1.55%29.28
Progressive 156.2B17.965.3934.34%11.10%23.81
Chubb 112.4B13.511.7112.86%15.03%29.87
Old Republic 9.4B12.451.5712.67%9.38%26.74
RLI 6.8B24.314.2117.99%16.22%7.15
Hanover Insurance 6.0B13.891.9715.74%6.97%25.76

Financial data is updated regularly. All figures are in the company's reporting currency.