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Hagerty HGTY Net debt

Discontinued — last reported Q2 '26

Net debt at other companies

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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$1.38B+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

Calculated from Hagerty’s reported figures.

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

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

FAQ

What is Hagerty's net debt?
Hagerty (HGTY) reported net debt of -$209.32M in Q2 2026.
How has Hagerty's net debt changed year-over-year?
Hagerty's net debt decreased by 61.6% year-over-year, from -$129.52M to -$209.32M.
What is the long-term trend for Hagerty's net debt?
Over 5 years (2020 to 2025), Hagerty's net debt has grown at a -19.9% compound annual growth rate (CAGR), from -$229.08M to -$75.41M.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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