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Hagerty HGTY Net debt / EBITDA

Net debt / EBITDA at other companies

Progressive logo
ProgressivePGR
0.5×0.0×
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The Hanover Insurance GroupTHG
0.6×
American International Group logo
American International GroupAIG
1.1×+0.1×
Arthur J. Gallagher logo
Arthur J. GallagherAJG
3.6×+3.5×
CarGurus, Inc. logo
CarGurus, Inc.CARG
0.2×+0.2×
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%
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.

Based on the most recent quarter.

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 / EBITDA?
Hagerty (HGTY) reported net debt / EBITDA of -2.2× in Q2 2026.
How has Hagerty's net debt / EBITDA changed year-over-year?
Hagerty's net debt / EBITDA decreased by 117.1% year-over-year, from -1× to -2.2×.
What is the long-term trend for Hagerty's net debt / EBITDA?
Over 4 years (2020 to 2025), Hagerty's net debt / EBITDA has grown at a -52.9% compound annual growth rate (CAGR), from -8.3× to -0.4×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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