Hagerty (HGTY) Net Margin (2020 - 2026)

Hagerty's (HGTY) quarterly Net Margin came in at 4.08% in Q1 2026, down 2020.0% year-on-year from 0.21% in Q1 2025, and down 155.51% quarter-over-quarter from 7.36% in Q4 2025.

Hagerty (HGTY) Net Margin (2020 - 2026) Analysis & Trends

Hagerty has disclosed Net Margin across 7 years of filings, most recently posting 4.08% for Q1 2026.

  • Net Margin for Q1 2026 came in at 4.08%, down 2020.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.68% (up 3289.0% YoY), and the FY2025 annual result was 10.25%, up 3400.0% from the prior year.
  • Net Margin came in at 4.08% for Q1 2026 at Hagerty, down from 7.36% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 26.55% in Q2 2025 to a low of 264.12% in Q1 2023.
  • The 5-year median for Net Margin is 1.18% (2023), against an average of 63.06%.
  • Across the five-year window, Net Margin plunged 24947 bps in 2022 and jumped 26714 bps in 2024, its largest moves.
  • Hagerty's Net Margin stood at 68.5% in 2022, then plunged by 66 bps to 113.54% in 2023, then advanced by 4 bps to 109.47% in 2024, then surged by 107 bps to 7.36% in 2025, then tumbled by 156 bps to 4.08% in 2026.
  • The last three Net Margin figures came in at 4.08% (Q1 2026), 7.36% (Q4 2025), and 12.15% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 15.89%
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn 12.70%
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn 14.35%
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn 14.33%
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn 13.97%
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 10.52%
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn -5.76%
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 41.26%
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 9.85%
10 Hagerty 1.06 Bn 1.27 Bn - -4.08%

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.08%
Dec 31, 2025 7.36%
Sep 30, 2025 12.15%
Jun 30, 2025 26.55%
Mar 31, 2025 16.12%
Dec 31, 2024 -109.47%
Sep 30, 2024 5.88%
Jun 30, 2024 13.62%
Mar 31, 2024 3.02%
Dec 31, 2023 -113.54%
Sep 30, 2023 1.18%
Jun 30, 2023 -113.25%
Mar 31, 2023 -264.12%
Dec 31, 2022 -68.50%
Sep 30, 2022 6.79%
Jun 30, 2022 -236.89%
Mar 31, 2022 -254.77%
Dec 31, 2021 -81.20%
Sep 30, 2021 -0.33%
Jun 30, 2021 7.47%