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Hagerty HGTY Total Current Liabilities

Discontinued — last reported Q3 '25

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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

Reported directly by Hagerty in its filing.

Tagged under the XBRL concept us-gaap:LiabilitiesCurrent.

The source filing: Hagerty’s 10-Q, filed November 4, 2025.

Filed
Nov 4, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001840776-25-000233
ASSETSDecember 31, 2024 / in thousands (except share amounts)
Ceding commissions payable77,389
Advance premiums and due to insurers108,352
Unearned premiums357,539
Total current liabilities915,446
Long-term lease liabilities43,178
Long-term debt, net104,968
Deferred tax liability18,065
Tax receivable agreement liability1,956

Item 1. Financial Statements (Unaudited)

FAQ

What is Hagerty's total current liabilities?
Hagerty (HGTY) reported total current liabilities of $1.22B in Q3 2025.
How has Hagerty's total current liabilities changed year-over-year?
Hagerty's total current liabilities increased by 21.5% year-over-year, from $1B to $1.22B.
What is the long-term trend for Hagerty's total current liabilities?
Over 4 years (2020 to 2024), Hagerty's total current liabilities has grown at a 24.2% compound annual growth rate (CAGR), from $384.75M to $915.45M.
What does total current liabilities mean?
The sum of all obligations due within one year — payables, accrued expenses, current debt, deferred revenue, and other short-term liabilities.

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