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Hagerty

HGTY

Hagerty is a leading provider of specialty insurance and automotive lifestyle services dedicated to the collector car and enthusiast vehicle market.

Market cap
$1.2B+32.1%
Revenue$1.4B+11.6%
Net income$109.2M+12.1%
Free cash flow$164.6M-21.9%
EPS (diluted)$0.22+10.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$316.2M
EPS estimate-$0.08

Financials

Q1 2026

Income statement

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Revenue$311.8M-5.0%
Net income-$12.7M-147%
EPS (diluted)-$0.06-186%

Balance sheet

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Cash & equivalents$366.7M+28.1%
Total debt$272.5M+50.3%
Total equity$218.7M+34.2%
Total assets$2.0B+11.5%

Cash flow

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Operating cash flow$16.3M-62.9%
CapEx$7.7M+43.1%
Free cash flow$8.5M-77.8%

Valuation & ratios

Valuation

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Market cap$1.2B+32.1%
Enterprise value$1.11B+30.3%
P/E11×+1.4×
P/S0.8×+0.1×

Profitability

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Net margin7.5%0.0pp
FCF margin11.4%

Returns & leverage

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Return on equity57.2%-18.7pp
Debt / equity1.2×+0.1×

Segments

By segment

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Insurance$285.9M-4.4%
Marketplace$25.9M-11.5%

By product

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Commission and fee revenue$13.7M-84.6%
Contingent commission$2.7M-75.6%

By geography

See full
International$13.1M

Competitors

Profile

Hagerty is a leading provider of specialty insurance and automotive lifestyle services dedicated to the collector car and enthusiast vehicle market. The company operates an integrated ecosystem that combines high-retention insurance products with a membership club, media platforms, and a vehicle marketplace. Its core value proposition centers on providing 'Guaranteed Value' coverage and fostering a high-engagement community for automotive enthusiasts.

Competitive position

A market leader in the U.S. collector car insurance space with a unique ecosystem that integrates insurance, media, and commerce to drive high retention.

GeographiesUnited States, Canada, United Kingdom, European Union
Customer segmentsB2C, B2B, High-net-worth individuals
Business modelManaging General Agent (MGA), Reinsurance, Subscription membership, Transaction-based marketplace, Asset-backed lending
SuppliersInsurance carrier capacity, Catastrophe and facultative reinsurers, Automotive data and valuation sources, Credit facilities for lending operations
CustomersAutomotive enthusiasts, Collector car owners, Independent insurance brokers, National insurance carriers
Listed2021
Employees1.7K
CEOMcKeel O. Hagerty
FilingsSEC EDGAR

Questions, answered.

What is Hagerty's market cap?
Hagerty (HGTY) has a market capitalization of $1.2B and trades on NYSE.
What is Hagerty's revenue and profitability?
Hagerty generated $1.4B in trailing twelve-month revenue with net income of $109.2M, representing a net margin of 7.5%, with free cash flow of $164.6M. These figures are based on the Q1 2026 filing.
Who are Hagerty's competitors?
Hagerty's key competitors include Progressive, SiriusPoint Ltd., UNIVERSAL INSURANCE HLDG, INC., and others. These companies compete in similar markets and product categories.
Who does Hagerty partner with?
Hagerty's notable partners include Markel, State Farm, Aviva Canada, and others.
What subsidiaries does Hagerty have?
Hagerty's subsidiaries include Hagerty Re, Broad Arrow, Broad Arrow Capital, and others.
Where is Hagerty headquartered?
Hagerty is headquartered in United States of America and employs approximately 1,732 people. It has been publicly traded since 2021.