Hagerty (HGTY) Operating Income (2020 - 2025)
Hagerty (HGTY) recorded Operating Income of $34.32 million in Q3 2025, up 240.1% from $10.09 million a year earlier but down 28.1% from the prior quarter.
Hagerty (HGTY) Operating Income (2020 - 2025) Analysis & Trends
On a TTM basis, Hagerty's Operating Income came in at $113.78 million as of Sep 30, 2025, up 111.1% year-over-year; for FY2024, it was $66.42 million, up 538.1% from FY2023.
- Annual Operating Income has a four-year compound annual growth rate of 43.1% (FY2020 to FY2024).
- Across earlier years, Operating Income came in at $10.41 million in FY2023, -$67.57 million in FY2022, -$10.07 million in FY2021 and $15.85 million in FY2020.
- Quarterly Operating Income has ranged from -$35.73 million in Q4 2022 to $47.7 million in Q2 2025 over the past five years.
- On a year-over-year basis, Operating Income has increased for three consecutive quarters, with growth averaging 91.8% over the last five quarters.
- Per Business Quant, the preceding three quarters came in at $47.7 million (Q2 2025), $25.73 million (Q1 2025) and $6.04 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | -30.21 Bn |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | -3.07 Bn |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | -10.36 Bn |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | 1.90 Bn |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | -3.16 Bn |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | - |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | -10.30 Bn |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | 915.00 Mn |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | - |
| 10 | Hagerty | 4.61 Bn | 4.09 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 34.32 Mn |
| Jun 30, 2025 | 47.70 Mn |
| Mar 31, 2025 | 25.73 Mn |
| Dec 31, 2024 | 6.04 Mn |
| Sep 30, 2024 | 10.09 Mn |
| Jun 30, 2024 | 38.07 Mn |
| Mar 31, 2024 | 12.22 Mn |
| Dec 31, 2023 | -6.47 Mn |
| Sep 30, 2023 | 16.12 Mn |
| Jun 30, 2023 | 17.25 Mn |
| Mar 31, 2023 | -16.49 Mn |
| Dec 31, 2022 | -35.73 Mn |
| Sep 30, 2022 | -21.22 Mn |
| Jun 30, 2022 | 2.39 Mn |
| Mar 31, 2022 | -13.00 Mn |
| Dec 31, 2021 | -21.01 Mn |
| Sep 30, 2021 | 1.76 Mn |
| Jun 30, 2021 | 14.27 Mn |
| Mar 31, 2021 | -5.10 Mn |
| Dec 31, 2020 | -10.07 Mn |
Hagerty Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=HGTY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "HGTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=HGTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();