Hagerty Balance Sheet
NYSE: HGTYFinanceSpecialty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Hagerty financial position
At the end of fiscal 2025, Hagerty reported total assets of $2.09 billion, up 22.5% from a year earlier against total liabilities of $1.35 billion. Shareholders' equity stood at $221.3 million, or 10.6% of assets. The company held $160.2 million in cash and equivalents against $177.9 million of debt, a net debt position of $17.7 million.
Debt-to-equity was 0.80.
Summary generated from market data by MetaCap's automated system. Methodology
Hagerty balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 160.18M | 104.78M | 108.33M | 95.17M | 275.33M | 38.11M |
| Short-Term Investments | — | 73.96M | 10.95M | — | — | — |
| Receivables | 98.87M | 84.76M | 71.53M | 58.26M | 46.73M | 33.88M |
| Inventory | 12.41M | 18.48M | 5.04M | 2.07M | — | — |
| Total Current Assets | — | 858.40M | 1.25B | 936.78M | 895.28M | 513.36M |
| Property, Plant & Equipment | 16.25M | 18.20M | 20.76M | 25.26M | 28.36M | 25.82M |
| Goodwill | 114.16M | 114.12M | 114.21M | 115.04M | 11.49M | 4.75M |
| Intangible Assets | 88.92M | 90.11M | 91.92M | 104.02M | 76.17M | 46.62M |
| Long-Term Investments | — | 515.57M | 5.53M | — | — | — |
| Total Assets | 2.09B | 1.71B | 1.59B | 1.31B | 1.04B | 610.71M |
| Accounts Payable | — | — | — | 16.28M | 9.08M | 11.54M |
| Short-Term Debt | — | 792.00K | 3.65M | 0 | 1.00M | 1.00M |
| Total Current Liabilities | — | 915.45M | 842.30M | 667.36M | 495.82M | 384.75M |
| Long-Term Debt | 177.91M | 105.76M | 130.68M | 108.28M | 135.50M | 69.00M |
| Total Liabilities | 1.35B | 1.10B | 1.09B | 945.15M | 771.07M | 493.39M |
| Shareholders' Equity | 221.32M | 150.32M | 92.70M | 59.25M | -323.78M | -1.47K |
| Retained Earnings | -402.96M | -451.98M | -469.00M | -489.60M | -482.28M | 56.83M |
| Total Debt | 177.91M | 106.55M | 134.33M | 108.28M | 136.50M | 70.00M |
| Net Cash (Debt) | -17.73M | 72.19M | -15.06M | -13.11M | 138.83M | -31.89M |
| Shares Outstanding | — | 345.21M | 340.09M | 338.96M | 333.36M | 2.88M |
This table shows 6 annual periods of Hagerty's balance sheet, from FY 2025 back to FY 2020, across 20 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow HGTY's reporting calendar. What is a balance sheet?