| Annual · values | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Gross Margin | — | — | — | — | — | — |
| Operating Margin | — | 5.53% | 1.04% | -8.58% | -1.63% | 3.17% |
| EBITDA Margin | — | 8.78% | 5.62% | -4.28% | 1.95% | 5.53% |
| Net Margin | 10.25% | 6.53% | 2.82% | 4.07% | -7.49% | 2.04% |
| Current Ratio | — | 0.94 | 1.48 | 1.40 | 1.81 | 1.33 |
| Quick Ratio | — | 0.92 | 1.48 | 1.40 | 1.81 | 1.33 |
| Debt / Equity | 0.27 | 0.20 | 0.33 | 0.29 | -0.42 | 0.60 |
| ROE | 22.60% | 14.96% | 6.86% | 8.73% | 14.38% | 8.67% |
| ROA | 7.13% | 4.58% | 1.77% | 2.44% | -4.45% | 1.66% |
| Asset Turnover | 0.70 | 0.70 | 0.63 | 0.60 | 0.59 | 0.82 |
| Book Value / Share | — | 1.52 | 1.21 | 1.08 | -3.92 | 1173.21 |
Hagerty, Inc. is a specialty insurance provider focusing on classic car enthusiasts. Founded in 1984, the company has established itself as a leading player in the niche market of automotive collectibles insurance. Hagerty's primary function is to offer insurance services tailored to the unique needs of classic car owners, ensuring their cherished vehicles are protected. Beyond insurance, Hagerty fosters a community for car lovers, providing them with content, valuation tools, and a dedicated membership program that includes exclusive events and experiences. The company plays a significant role in the automotive sector, serving a passionate clientele that values legacy and craftsmanship in automobile design and maintenance. As a market significant player, Hagerty extends its influence through innovative digital platforms, including a comprehensive suite of apps and valuation services that aid in determining the long-term prospects and value of classic car investments. This approach not only enhances the customer experience but also strengthens Hagerty’s position in the financial services landscape by tapping into the emotional and financial aspects of automobile heritage.