Hagerty (HGTY) Operating Margin (2020 - 2026)
Hagerty (HGTY) posted Operating Margin of 3.29% for Q1 2026, down 83.73% sequentially from 20.23% in Q4 2025, and down 206.0% YoY from 3.1% in Q1 2025.
Hagerty (HGTY) Operating Margin (2020 - 2026) Analysis & Trends
Hagerty has reported Operating Margin for 7 years, with the latest figure at 3.29% in Q1 2026.
- Quarterly Operating Margin fell 206.0% year-over-year to 3.29% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.39% (up 71.0% YoY) and the FY2025 annual result came in at 5.32%, up 216.0% from the prior year.
- Operating Margin declined to 3.29% in Q1 2026 per HGTY's latest filing, from 20.23% in the prior quarter.
- Over five years, Operating Margin peaked at 26.83% in Q2 2025 and troughed at 14.59% in Q1 2022.
- A 5-year average of 4.13% and a median of 4.5% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2025: Operating Margin plunged 1202 bps in 2022, then jumped 2657 bps in 2025.
- Over 5 years, Operating Margin stood at 7.19% in 2022, then surged by 122 bps to 1.56% in 2023, then tumbled by 507 bps to 6.34% in 2024, then surged by 419 bps to 20.23% in 2025, then slumped by 84 bps to 3.29% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 3.29%, 20.23%, and 9.03% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn | 11.13% |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn | -43.89% |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn | 9.95% |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn | 5.43% |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - | - |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn | 7.46% |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn | 16.08% |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn | 38.83% |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn | 4.12% |
| 10 | Hagerty | 1.30 Bn | 1.00 Bn | 244.11 Mn | 3.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.10% |
| Mar 31, 2026 | 3.29% |
| Dec 31, 2025 | 20.23% |
| Sep 30, 2025 | 9.03% |
| Jun 30, 2025 | 26.83% |
| Mar 31, 2025 | 5.35% |
| Dec 31, 2024 | -6.34% |
| Sep 30, 2024 | 6.09% |
| Jun 30, 2024 | 12.15% |
| Mar 31, 2024 | 4.50% |
| Dec 31, 2023 | 1.56% |
| Sep 30, 2023 | 11.53% |
| Jun 30, 2023 | 12.90% |
| Mar 31, 2023 | -7.55% |
| Dec 31, 2022 | -7.19% |
| Sep 30, 2022 | -9.79% |
| Jun 30, 2022 | 2.13% |
| Mar 31, 2022 | -14.59% |
| Dec 31, 2021 | -13.61% |
| Sep 30, 2021 | 2.23% |