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Hagerty HGTY Current ratio

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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×

Where this comes from

Calculated from Hagerty’s reported figures.

Based on the most recent quarter.

The official record: Hagerty’s 10-Q, filed November 4, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hagerty's current ratio?
Hagerty (HGTY) reported current ratio of 1× in Q3 2025.
How has Hagerty's current ratio changed year-over-year?
Hagerty's current ratio decreased by 0.9% year-over-year, from 1× to 1×.
What is the long-term trend for Hagerty's current ratio?
Over 4 years (2020 to 2024), Hagerty's current ratio has grown at a -8.4% compound annual growth rate (CAGR), from 1.3× to 0.9×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.