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| Date | Value |
|---|---|
| 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% |