Hagerty (HGTY) Operating Leases (2022 - 2025)

Hagerty (HGTY) posted Operating Leases of $40.5 million for Q3 2025, down 0.96% sequentially from $40.9 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 (HGTY) has 4 years of Operating Leases data on file, last reported 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 $43.2 million, down 24.19% from the prior year.
  • Operating Leases declined to $40.5 million in Q3 2025 per HGTY's latest filing, from $40.9 million in the prior quarter.
  • The five-year high for Operating Leases was $88.3 million in Q4 2022, with the low at $40.5 million in Q3 2025.
  • Average Operating Leases over 4 years is $56.7 million, with a median of $50.3 million recorded in 2024.
  • Year-over-year, Operating Leases sank 39.43% in 2024 and decreased 1.01% in 2025.
  • Hagerty's Operating Leases stood at $88.3 million in 2022, then plunged by 35.51% to $57.0 million in 2023, then slipped by 24.19% to $43.2 million in 2024, then retreated by 6.18% to $40.5 million in 2025.
  • Business Quant data shows HGTY's Operating Leases at $40.5 million in Q3 2025, $40.9 million in Q2 2025, and $48.7 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn -
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn
10 Hagerty 1.22 Bn 1.43 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