What is Hagerty's asset turnover?

Hagerty (HGTY) reported asset turnover of 0.8× in Q1 2026.

How has Hagerty's asset turnover changed year-over-year?

Hagerty's asset turnover decreased by 1.6% year-over-year, from 0.8× to 0.8×.

What is the long-term trend for Hagerty's asset turnover?

Over 4 years (2021 to 2025), Hagerty's asset turnover has grown at a 0.7% compound annual growth rate (CAGR), from 0.7× to 0.8×.

What does asset turnover mean?

Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.

Hagerty HGTY Asset turnover

Asset turnover at other companies

ProgressivePGR

0.8×0.0×

Universal Insurance HoldingsUVE

0.6×-0.1×

SiriusPointSPNT

0.3×+0.1×

Mercury GeneralMCY

0.6×0.0×

The Hanover Insurance GroupTHG

0.4×0.0×

Ally FinancialALLY

0×0.0×

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+30.8%

Enterprise value$1.07B+36.3%

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 ratio1×0.0×

Where this comes from

Calculated from Hagerty’s reported figures.

total revenue/total assets=0.8×

Based on trailing twelve months.

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 asset turnover?: Hagerty (HGTY) reported asset turnover of 0.8× in Q1 2026.
How has Hagerty's asset turnover changed year-over-year?: Hagerty's asset turnover decreased by 1.6% year-over-year, from 0.8× to 0.8×.
What is the long-term trend for Hagerty's asset turnover?: Over 4 years (2021 to 2025), Hagerty's asset turnover has grown at a 0.7% compound annual growth rate (CAGR), from 0.7× to 0.8×.
What does asset turnover mean?: Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.