Hagerty (HGTY) Operating Leases (2022 - 2025)

Hagerty's (HGTY) quarterly Operating Leases came in at $40.5 million in Q3 2025, down 21.32% year-on-year from $51.5 million in Q3 2024, and down 0.96% quarter-over-quarter from $40.9 million in Q2 2025.

Hagerty (HGTY) Operating Leases (2022 - 2025) Analysis & Trends

Hagerty has disclosed Operating Leases across 4 years of filings, most recently posting $40.5 million for Q3 2025.

  • Operating Leases for Q3 2025 came in at $40.5 million, down 21.32% year-over-year; the trailing twelve-month figure through Sep 2025 was $40.5 million (down 21.32% YoY), and the FY2024 annual result was $43.2 million, down 24.19% from the prior year.
  • Operating Leases came in at $40.5 million for Q3 2025 at Hagerty, down from $40.9 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $88.3 million in Q4 2022 to a low of $40.5 million in Q3 2025.
  • The 4-year median for Operating Leases is $50.3 million (2024), against an average of $56.7 million.
  • Across the five-year window, Operating Leases tumbled 39.43% in 2024 and dropped 1.01% in 2025, its largest moves.
  • Hagerty's Operating Leases stood at $88.3 million in 2022, then tumbled by 35.51% to $57.0 million in 2023, then fell by 24.19% to $43.2 million in 2024, then dropped by 6.18% to $40.5 million in 2025.
  • The last three Operating Leases figures came in at $40.5 million (Q3 2025), $40.9 million (Q2 2025), and $48.7 million (Q1 2025), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Sep 30, 2025 40.51 Mn
Jun 30, 2025 40.90 Mn
Mar 31, 2025 48.70 Mn
Dec 31, 2024 43.18 Mn
Sep 30, 2024 51.49 Mn
Jun 30, 2024 46.69 Mn
Mar 31, 2024 49.20 Mn
Dec 31, 2023 56.96 Mn
Sep 30, 2023 58.56 Mn
Jun 30, 2023 77.08 Mn
Mar 31, 2023 78.85 Mn
Dec 31, 2022 88.33 Mn