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CapEx at other companies

Progressive logo
ProgressivePGR
$63M+6.8%
Universal Insurance Holdings logo
Universal Insurance HoldingsUVE
$1.58M+28.8%
Mercury General logo
Mercury GeneralMCY
$16.8M+27.8%
The Hanover Insurance Group logo
The Hanover Insurance GroupTHG
$2.9M+70.6%
Arthur J. Gallagher logo
Arthur J. GallagherAJG
$51M+27.5%
Berkshire Hathaway logo
Berkshire HathawayBRK.A

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%
Free cash flow$161.7M+239%

Valuation

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Market cap$1.38B+38.7%
Enterprise value$1.17B+35.2%
P/E19.7×+9.9×
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 us-gaap:PaymentsToAcquireProductiveAssets.

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
OPERATING ACTIVITIES:Six months ended June 30, 2025 / in thousands
Other assets and liabilities, net10,197
Net Cash Provided by Operating Activities97,714
INVESTING ACTIVITIES:
Capital expenditures(11,549)
Issuance of notes receivable(26,617)
Collection of notes receivable8,091
Purchases of fixed maturity securities(98,455)
Purchases of equity securities(347)

Item 1. Financial Statements (Unaudited)

FAQ

What is Hagerty's capex?
Hagerty (HGTY) reported capex of $8.24M in Q2 2026.
How has Hagerty's capex changed year-over-year?
Hagerty's capex increased by 33.8% year-over-year, from $6.16M to $8.24M.
What is the long-term trend for Hagerty's capex?
Over 4 years (2021 to 2025), Hagerty's capex has grown at a -13.3% compound annual growth rate (CAGR), from $43.37M to $24.54M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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