HGTY
Income statement / Annual
Last year (2024), Hagerty, Inc.'s total revenue was $1.20 B,
an increase of 18.61% from the previous year.
In 2024, Hagerty, Inc.'s net income was $17.02 M.
See Hagerty, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$1.20 B |
$1.01 B |
$829.49 M |
$576.54 M |
$499.55 M |
$397.27 M |
$301.70 M |
| Cost of Revenue |
$221.46 M
|
$437.55 M
|
$288.61 M
|
$171.90 M
|
$228.53 M
|
$178.69 M
|
$137.97 M
|
| Gross Profit |
$978.58 M
|
$574.20 M
|
$540.88 M
|
$404.64 M
|
$271.02 M
|
$218.58 M
|
$163.73 M
|
| Gross Profit Ratio |
0.82
|
0.57
|
0.65
|
0.7
|
0.54
|
0.55
|
0.54
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$3.51 M
|
$0.00
|
| General & Administrative Expenses |
$82.50 M
|
$302.33 M
|
$288.61 M
|
$236.46 M
|
$188.70 M
|
$153.32 M
|
$127.91 M
|
| Selling & Marketing Expenses |
$0.00
|
$156.38 M
|
$140.78 M
|
$107.48 M
|
$86.21 M
|
$84.19 M
|
$70.02 M
|
| Selling, General & Administrative Expenses |
$82.50 M
|
$458.71 M
|
$429.39 M
|
$343.94 M
|
$274.90 M
|
$237.51 M
|
$197.92 M
|
| Other Expenses |
$829.65 M
|
$58.63 M
|
$477.48 M
|
-$1.01 B
|
$208.80 M
|
$148.92 M
|
-$16,713.00
|
| Operating Expenses |
$912.16 M
|
$1.01 B
|
$566.54 M
|
-$667.83 M
|
$483.70 M
|
$386.43 M
|
$293.09 M
|
| Cost And Expenses |
$1.13 B
|
$989.81 M
|
$818.39 M
|
$631.14 M
|
$484.69 M
|
$385.82 M
|
$293.10 M
|
| Interest Income |
$0.00
|
$0.00
|
$2.03 M
|
$1.99 M
|
$987,000.00
|
$0.00
|
$0.00
|
| Interest Expense |
$0.00
|
$0.00
|
$2.03 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$38.91 M
|
$45.81 M
|
$33.89 M
|
$22.14 M
|
$11.80 M
|
$8.95 M
|
$7.75 M
|
| EBITDA |
$168.40 M |
$69.04 M |
$0.00 |
-$32.46 M |
$27.65 M |
$16.29 M |
$16.37 M |
| EBITDA Ratio |
0.14
|
0.07
|
0.09
|
-0.12
|
0.06
|
0.05
|
0.05
|
| Operating Income Ratio |
0.06
|
0.01
|
0.05
|
-0.16
|
0.03
|
0.03
|
0.03
|
| Total Other Income/Expenses Net |
$27.26 M
|
$34.36 M
|
$76.99 M
|
-$44.53 M
|
-$987,000.00
|
$607,953.00
|
-$16,713.00
|
| Income Before Tax |
$93.68 M
|
$44.77 M
|
$11.10 M
|
-$54.60 M
|
$14.86 M
|
$11.46 M
|
$8.60 M
|
| Income Before Tax Ratio |
0.08
|
0.04
|
0.01
|
-0.09
|
0.03
|
0.03
|
0.03
|
| Income Tax Expense |
$15.38 M
|
$16.59 M
|
$7.02 M
|
$6.75 M
|
$4.82 M
|
$7.25 M
|
$121,810.00
|
| Net Income |
$17.02 M
|
$20.23 M
|
$4.08 M
|
-$61.35 M
|
$10.17 M
|
$4.21 M
|
$8.47 M
|
| Net Income Ratio |
0.01
|
0.02
|
0
|
-0.11
|
0.02
|
0.01
|
0.03
|
| EPS |
1.25 |
0.38 |
0.0493 |
-0.75 |
0.12 |
0.0511 |
0.1 |
| EPS Diluted |
1.23 |
0.0933 |
0.0121 |
-0.75 |
0.12 |
0.0511 |
0.1 |
| Weighted Average Shares Out |
$87.53 M
|
$84.18 M
|
$82.73 M
|
$82.33 M
|
$82.33 M
|
$82.33 M
|
$82.33 M
|
| Weighted Average Shares Out Diluted |
$88.50 M
|
$340.32 M
|
$336.15 M
|
$82.33 M
|
$82.33 M
|
$82.33 M
|
$82.33 M
|
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