Accelerant (ARX) vs Hagerty (HGTY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Accelerant (ARX) has outperformed Hagerty (HGTY) over the past year, gaining 31.8% versus a gain of 17.3%. Hagerty is the larger company by market cap ($4.88 billion vs $4.29 billion), about 1.1 times the size, while Accelerant is growing revenue faster (+51.5% vs +17.3%). On valuation, Accelerant trades at a lower forward P/E (21.0x vs 24.3x for Hagerty).
Hagerty converts more of its revenue into profit, with a net margin of 10.2% versus -147.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ARX | HGTY |
|---|---|---|
| Share price | $19.75 | $14.20 |
| Market cap | $4.29B | $4.88B |
| 1-day change | 0.00% | +1.94% |
| YTD return | +20.80% | +5.65% |
| 1-year return | +31.84% | +17.26% |
| 5-year return | — | +41.43% |
| P/E ratio (TTM) | — | 129.09 |
| Forward P/E | 21.04 | 24.26 |
| EPS (TTM) | $-6.22 | $0.11 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $912.90M | $1.46B |
| Revenue growth (YoY) | +51.49% | +17.31% |
| Net income (latest FY) | $-1.35B | $149.22M |
| Net margin | -147.35% | 10.25% |
| 52-week high | $19.90 | $14.26 |
| 52-week low | $9.18 | $9.36 |
| Distance from 52-week high | -0.75% | -0.42% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +2.53% | +2.11% |
| Average volume | 3.62M | 343.93K |
| Shares outstanding | 118.55M | 111.32M |
| Employees | 862 | 1,891 |
| Sector | Finance | Finance |
| Industry | Specialty Insurers | Specialty Insurers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ARX has outperformed HGTY by 14.6 percentage points over the past year.
- Hagerty is more profitable, keeping 10.2 cents of every revenue dollar as net income versus -147.4 cents for Accelerant.
- Accelerant grew revenue faster in its latest fiscal year (+51.49% vs +17.31%).
About Accelerant
ARX stock →Accelerant Holdings, together with its subsidiaries, operates a data-driven risk exchange that connects selected specialty insurance underwriters with risk capital partners. It operates through Exchange Services, MGA Operations, and Underwriting segments.
Finance · Specialty Insurers · 862 employees
About Hagerty
HGTY stock →Hagerty, Inc. provides insurance services for collector cars and enthusiast vehicles in the United States, Canada, and the United Kingdom.
Finance · Specialty Insurers · 1,891 employees
ARX vs HGTY FAQ
Which is bigger, Accelerant or Hagerty?
Hagerty (HGTY) is larger, with a market capitalization of $4.88B compared with $4.29B for Accelerant (ARX).
Which stock has performed better over the past year, ARX or HGTY?
ARX returned +31.84% over the past 12 months, compared with +17.26% for HGTY (price return, excluding dividends). Past performance does not predict future results.
Are Accelerant and Hagerty in the same industry?
Yes. Both are classified in the Specialty Insurers industry within the Finance sector.