What is Hagerty's capex?

Hagerty (HGTY) reported capex of $7.71M in Q1 2026.

How has Hagerty's capex changed year-over-year?

Hagerty's capex increased by 43.1% year-over-year, from $5.39M to $7.71M.

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.

Hagerty HGTY CapEx

CapEx at other companies

ProgressivePGR

$63M+6.8%

Universal Insurance HoldingsUVE

$1.58M+28.8%

Mercury GeneralMCY

$16.8M+27.8%

The Hanover Insurance GroupTHG

$3.5M+94.4%

Berkshire HathawayBRK.A

$4.99B+16.5%

AssurantAIZ

$47.7M-10.7%

Other financials

Income statement

See full

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

See full

Operating cash flow$16.3M-62.9%

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

See full

Operating margin8.1%—

Net margin7.5%0.0pp

FCF margin11.4%—

Returns & leverage

See full

Return on equity57.2%-18.7pp

Debt / equity1.2×+0.1×

Current ratio1×0.0×

Where this comes from

Reported directly by Hagerty in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

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 capex?: Hagerty (HGTY) reported capex of $7.71M in Q1 2026.
How has Hagerty's capex changed year-over-year?: Hagerty's capex increased by 43.1% year-over-year, from $5.39M to $7.71M.
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.