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Hagerty HGTY Debt issuance costs and discount amortization

Debt issuance costs and discount amortization at other companies

Universal Insurance Holdings logo
Universal Insurance HoldingsUVE
$156K-83.4%

Other financials

Income statement

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Revenue$311.8M-5.0%
Operating income$34.3M+240%
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

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Market cap$1.17B+30.7%
Enterprise value$1.07B+36.8%
P/E10.7×+1.5×
P/S0.8×+0.1×

Profitability

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Operating margin8.1%
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×
Current ratio0.0×

Where this comes from

Reported directly by Hagerty in its filing.

Tagged under the XBRL concept us-gaap:AmortizationOfDebtDiscountPremium.

The official record: Hagerty’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hagerty's debt issuance costs and discount amortization?
Hagerty (HGTY) reported debt issuance costs and discount amortization of -$1.36M in Q1 2026.
How has Hagerty's debt issuance costs and discount amortization changed year-over-year?
Hagerty's debt issuance costs and discount amortization decreased by 14.7% year-over-year, from -$1.18M to -$1.36M.
What is the long-term trend for Hagerty's debt issuance costs and discount amortization?
Over 3 years (2022 to 2025), Hagerty's debt issuance costs and discount amortization has grown at a 176.6% compound annual growth rate (CAGR), from $196K to -$4.15M.
What does debt issuance costs and discount amortization mean?
This represents the non-cash amortization of debt issuance costs and original issue discounts over the life of the debt instrument. It effectively increases the interest expense recognized on the income statement without requiring a corresponding cash payment. Investors use this to adjust reported interest expenses to reflect actual cash interest obligations.