What is Hagerty's tax on share settlement?

Hagerty (HGTY) reported tax on share settlement of $61K in Q1 2026.

How has Hagerty's tax on share settlement changed year-over-year?

Hagerty's tax on share settlement increased by 38.6% year-over-year, from $44K to $61K.

What does tax on share settlement mean?

Cash paid to tax authorities for employee share vesting, where the company withholds shares and pays the tax obligation in cash.

Hagerty HGTY Tax on Share Settlement

Tax on Share Settlement at other companies

Universal Insurance HoldingsUVE

$1.71M+35.3%

SiriusPointSPNT

$200K0.0%

AssurantAIZ

$34.4M+155%

OPENLANE, IncOPLN

$9.2M+119%

Penske Automotive GroupPAG

$100K0.0%

eBayEBAY

$106M+53.6%

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

See full

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%

CapEx$7.7M+43.1%

Free cash flow$8.5M-77.8%

Valuation

See full

Market cap$1.17B+26.6%

Enterprise value$1.07B+31.5%

P/E10.7×+1.2×

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:PaymentsRelatedToTaxWithholdingForShareBasedCompensation.

The official record: Hagerty’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about Hagerty's tax on share settlement.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Hagerty's tax on share settlement?: Hagerty (HGTY) reported tax on share settlement of $61K in Q1 2026.
How has Hagerty's tax on share settlement changed year-over-year?: Hagerty's tax on share settlement increased by 38.6% year-over-year, from $44K to $61K.
What does tax on share settlement mean?: Cash paid to tax authorities for employee share vesting, where the company withholds shares and pays the tax obligation in cash.