Hagerty (HGTY) Asset Writedowns and Impairment (2022 - 2023)

Hagerty (HGTY) posted Asset Writedowns and Impairment of $2.6 million for Q2 2023, down 44.66% sequentially from $4.7 million in Q4 2022.

Hagerty (HGTY) Asset Writedowns and Impairment (2022 - 2023) Analysis & Trends

Hagerty (HGTY) has 2 years of Asset Writedowns and Impairment data on file, last reported at $2.6 million in Q2 2023.

  • Quarterly Asset Writedowns and Impairment changed N/A year-over-year to $2.6 million in Q2 2023, while the trailing twelve-month figure through Dec 2024 was $2.6 million (down 64.37% YoY) and the FY2023 annual result came in at $1.1 million, down 75.59% from the prior year.
  • Asset Writedowns and Impairment slipped to $2.6 million in Q2 2023 per HGTY's latest filing, from $4.7 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $4.7 million in Q4 2022, with the low at $2.6 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn -
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn
10 Hagerty 1.22 Bn 1.43 Bn -

Historic Data

Download Data
DateValue
Jun 30, 2023 2.60 Mn
Jun 30, 2023 2.60 Mn
Dec 31, 2022 4.70 Mn
Dec 31, 2022 4.70 Mn