XNYSHGTY
Market cap847mUSD
Jan 10, Last price
9.41USD
1D
-1.36%
1Q
-12.79%
IPO
-39.76%
Name
Hagerty Inc
Chart & Performance
P/E
41.88
P/S
0.84
EPS
0.22
Div Yield, %
0.00%
Shrs. gr., 5y
32.82%
Rev. gr., 5y
27.38%
Revenues
1.01b
+21.97%
Net income
20m
+395.98%
CFO
134m
+141.66%
Earnings
Mar 10, 2025
Profile
Hagerty, Inc. provides insurance agency services worldwide. It offers automobile and boat insurance products; and reinsurance products. The company also provides Hagerty Media, which publishes contents through the HDC Magazine, video content, YouTube channel; HDC that offers subscription based products and services, including HDC Magazine, automotive enthusiast events, proprietary vehicle valuation tools, emergency roadside services, and special vehicle-related discounts; HVT, a valuation tool used by the customer to access current and historic pricing data of collector car, truck, SUV, and motorcycle models; and Hagerty Events, an eclectic mix of small and large events. In addition, it offers DriveShare, a peer-to-peer rental platform for collector and cool vehicles; Motorsport Reg, a motorsport membership, licensing, and event online management system that automates event listings, registration, and payment processing for various motorsport events; and Hagerty Garage + Social, a platform that provides clubhouses and car storage facilities. The company is headquartered in Traverse City, Michigan.
IPO date
Apr 09, 2021
Employees
1,874
Domiciled in
US
Incorporated in
US
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | |
| Income | ||||||
Revenues | 1,011,756 21.97% | 829,487 43.87% | ||||
Cost of revenue | 896,262 | 718,001 | ||||
Unusual Expense (Income) | ||||||
NOPBT | 115,494 | 111,486 | ||||
NOPBT Margin | 11.42% | 13.44% | ||||
Operating Taxes | 16,593 | 7,017 | ||||
Tax Rate | 14.37% | 6.29% | ||||
NOPAT | 98,901 | 104,469 | ||||
Net income | 20,231 395.98% | 4,079 -106.65% | ||||
Dividends | ||||||
Dividend yield | ||||||
Proceeds from repurchase of equity | 79,159 | |||||
BB yield | -2.98% | |||||
| Debt | ||||||
Debt current | 7,556 | |||||
Long-term debt | 231,598 | 277,380 | ||||
Deferred revenue | 44,426 | |||||
Other long-term liabilities | 55,492 | 31,466 | ||||
Net debt | 123,272 | 165,122 | ||||
| Cash flow | ||||||
Cash from operating activities | 133,706 | 55,328 | ||||
CAPEX | (26,403) | (44,375) | ||||
Cash from investing activities | (52,647) | (91,521) | ||||
Cash from financing activities | 103,161 | (28,084) | ||||
FCF | 17,495 | 22,972 | ||||
| Balance | ||||||
Cash | 108,326 | 95,172 | ||||
Long term investments | 24,642 | |||||
Excess cash | 57,738 | 78,340 | ||||
Stockholders' equity | (68,409) | (181,665) | ||||
Invested Capital | 798,385 | 821,534 | ||||
ROIC | 12.21% | 11.99% | ||||
ROCE | 15.48% | 17.08% | ||||
| EV | ||||||
Common stock shares outstanding | 340,323 | 336,147 | ||||
Price | 7.80 -7.25% | 8.41 -40.69% | ||||
Market cap | 2,654,519 -6.10% | 2,826,996 142.16% | ||||
EV | 3,178,432 | 3,300,235 | ||||
EBITDA | 161,303 | 145,373 | ||||
EV/EBITDA | 19.70 | 22.70 | ||||
Interest | 2,028 | |||||
Interest/NOPBT | 1.82% | |||||