What is Hagerty's debt-to-equity?

Hagerty (HGTY) reported debt-to-equity of 1.2× in Q1 2026.

How has Hagerty's debt-to-equity changed year-over-year?

Hagerty's debt-to-equity increased by 12.0% year-over-year, from 1.1× to 1.2×.

What is the long-term trend for Hagerty's debt-to-equity?

Over 3 years (2022 to 2025), Hagerty's debt-to-equity has grown at a -32.7% compound annual growth rate (CAGR), from 3.3× to 1×.

What does debt-to-equity mean?

Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

Hagerty HGTY Debt-to-equity

Debt-to-equity at other companies

ProgressivePGR

0.3×0.0×

Universal Insurance HoldingsUVE

0.2×-0.1×

SiriusPointSPNT

0.3×0.0×

The Hanover Insurance GroupTHG

0.2×0.0×

Ally FinancialALLY

1.5×+0.2×

American International GroupAIG

0.2×0.0×

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

See full

Return on equity57.2%-18.7pp

Current ratio1×0.0×

Where this comes from

Calculated from Hagerty’s reported figures.

total debt/total stockholders equity=1.2×

Based on the most recent quarter.

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 debt-to-equity?: Hagerty (HGTY) reported debt-to-equity of 1.2× in Q1 2026.
How has Hagerty's debt-to-equity changed year-over-year?: Hagerty's debt-to-equity increased by 12.0% year-over-year, from 1.1× to 1.2×.
What is the long-term trend for Hagerty's debt-to-equity?: Over 3 years (2022 to 2025), Hagerty's debt-to-equity has grown at a -32.7% compound annual growth rate (CAGR), from 3.3× to 1×.
What does debt-to-equity mean?: Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.