HGTY
Income statement / Annual
Last year (2024), Hagerty, Inc.'s total revenue was $1.19 B,
an increase of 17.76% 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 |
$1.19 B |
$1.01 B |
$829.49 M |
$576.54 M |
$499.55 M |
$397.27 M |
$301.70 M |
| Cost of Revenue |
$600.31 M
|
$472.46 M
|
$373.55 M
|
$263.06 M
|
$0.00
|
$0.00
|
$0.00
|
| Gross Profit |
$591.18 M
|
$539.29 M
|
$455.94 M
|
$313.48 M
|
$499.55 M
|
$397.27 M
|
$301.70 M
|
| Gross Profit Ratio |
0.5
|
0.53
|
0.55
|
0.54
|
1
|
1
|
1
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$303.97 M
|
$302.33 M
|
$288.61 M
|
$236.46 M
|
$188.70 M
|
$153.32 M
|
$127.91 M
|
| Selling & Marketing Expenses |
$190.52 M
|
$156.38 M
|
$140.78 M
|
$107.48 M
|
$86.21 M
|
$84.19 M
|
$70.02 M
|
| Selling, General & Administrative Expenses |
$494.49 M
|
$458.71 M
|
$429.39 M
|
$343.94 M
|
$274.90 M
|
$237.51 M
|
$197.92 M
|
| Other Expenses |
$3.01 M
|
$35.81 M
|
$15.45 M
|
$24.14 M
|
$208.80 M
|
$148.92 M
|
$95.17 M
|
| Operating Expenses |
$497.50 M
|
$494.52 M
|
$444.84 M
|
$368.08 M
|
$483.70 M
|
$386.43 M
|
$293.09 M
|
| Cost And Expenses |
$1.10 B
|
$966.98 M
|
$818.39 M
|
$631.14 M
|
$483.70 M
|
$386.43 M
|
$293.09 M
|
| Interest Income |
$0.00
|
$22.82 M
|
$0.00
|
$1.99 M
|
$987.00 K
|
$0.00
|
$0.00
|
| Interest Expense |
$0.00
|
$0.00
|
$0.00
|
$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 |
$132.59 M |
$90.58 M |
$44.98 M |
-$32.46 M |
$27.65 M |
$19.80 M |
$16.37 M |
| EBITDA Ratio |
0.11
|
0.09
|
0.05
|
-0.06
|
0.06
|
0.05
|
0.05
|
| Operating Income Ratio |
0.08
|
0.04
|
0.01
|
-0.09
|
0.03
|
0.03
|
0.03
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
-$1.68 M
|
$0.00
|
-$987.05 K
|
$607.95 K
|
-$16.71 K
|
| Income Before Tax |
$93.68 M
|
$44.77 M
|
$9.42 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
|
$121.81 K
|
| Net Income |
$17.02 M
|
$20.23 M
|
$32.08 M
|
-$46.36 M
|
$10.17 M
|
$4.21 M
|
$8.47 M
|
| Net Income Ratio |
0.01
|
0.02
|
0.04
|
-0.08
|
0.02
|
0.01
|
0.03
|
| EPS |
0.1 |
0.38 |
0.0493 |
-0.75 |
0.12 |
0.0511 |
0.1 |
| EPS Diluted |
0.1 |
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
|
| Link |
|
|
|
|
|
|
|
