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Hagerty HGTY Number of letters of credit authorized

Number of letters of credit authorized at other companies

DigitalOcean logo
DigitalOceanDOCN
0-100%
Corebridge Financial logo
Corebridge FinancialCRBG
$1
Corebridge Financial logo
Corebridge FinancialCRBG
1
PK
Park Hotels & Resorts Inc.PK
$10.0%
PK
Park Hotels & Resorts Inc.PK
10.0%
Carriage Services logo
Carriage ServicesCSV
$10.0%

Other financials

Income statement

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Revenue$354.8M-6.5%
Operating income$34.3M+240%
Net income$8.0M-83.0%
EPS (diluted)-$0.02-122%

Balance sheet

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Cash & equivalents$467.6M+41.5%
Total debt$258.3M+28.5%
Total equity$215.5M+25.1%
Total assets$2.1B+5.3%

Cash flow

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Operating cash flow$169.9M+215%
CapEx$8.2M+33.8%
Free cash flow$161.7M+239%

Valuation

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Market cap$1.39B+40.3%
Enterprise value$1.18B+37.1%
P/E19.8×+10.1×
P/S+0.2×

Profitability

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Operating margin8%
Net margin4.9%-2.6pp
FCF margin19.4%

Returns & leverage

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Return on equity36.1%-40.3pp
Debt / equity1.2×0.0×
Current ratio0.0×

Where this comes from

Reported directly by Hagerty in its filing.

Tagged under the XBRL concept hgty:NumberOfLettersOfCreditAuthorized.

The source filing: Hagerty’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 1:40 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001840776-26-000031

As of June 30, 2026, the Company has authorized three letters of credit for a total of $10.8 million for operational purposes, primarily related to Hagerty Re's Section 953(d) tax structuring election, and to a much lesser extent, a requirement under a quota share agreement, and lease down payment support.

Item 1. Financial Statements (Unaudited)

FAQ

What is Hagerty's number of letters of credit authorized?
Hagerty (HGTY) reported number of letters of credit authorized of $3 in Q2 2026.
How has Hagerty's number of letters of credit authorized changed year-over-year?
Hagerty's number of letters of credit authorized decreased by 0.0% year-over-year, from $3 to $3.
What does number of letters of credit authorized mean?
Number of letters of credit authorized as reported by Hagerty, Inc..

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