Hagerty (HGTY) Operating Leases (2022 - 2025)
Hagerty (HGTY) posted Operating Leases of $40.5 million for Q3 2025, down 15.04% sequentially from $47.7 million in Q2 2025, and down 21.32% YoY from $51.5 million in Q3 2024.
Hagerty (HGTY) Operating Leases (2022 - 2025) Analysis & Trends
Hagerty has reported Operating Leases for 4 years, with the latest figure at $40.5 million in Q3 2025.
- Quarterly Operating Leases fell 21.32% year-over-year to $40.5 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $40.5 million (down 21.32% YoY) and the FY2024 annual result came in at $49.9 million, down 12.41% from the prior year.
- Operating Leases declined to $40.5 million in Q3 2025 per HGTY's latest filing, from $47.7 million in the prior quarter.
- Over five years, Operating Leases peaked at $86.6 million in Q1 2023 and troughed at $40.5 million in Q3 2025.
- A 4-year average of $57.8 million and a median of $50.7 million in 2024 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2024 and 2025: Operating Leases tumbled 43.22% in 2024, then grew 2.12% in 2025.
- Over 4 years, Operating Leases stood at $80.8 million in 2022, then retreated by 29.48% to $57.0 million in 2023, then dropped by 12.41% to $49.9 million in 2024, then dropped by 18.8% to $40.5 million in 2025.
- According to Business Quant data, Operating Leases over the past three periods registered $40.5 million, $47.7 million, and $48.7 million for Q3 2025, Q2 2025, and Q1 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn |
| 10 | Hagerty | 1.30 Bn | 1.00 Bn | 244.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 40.51 Mn |
| Jun 30, 2025 | 47.68 Mn |
| Mar 31, 2025 | 48.70 Mn |
| Dec 31, 2024 | 49.89 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 | 86.64 Mn |
| Dec 31, 2022 | 80.77 Mn |