Hagerty (HGTY) Operating Margin (2020 - 2026)
Hagerty (HGTY) posted Operating Margin of 3.29% for Q1 2026, up 118.49% sequentially from 17.8% in Q4 2025, and down 206.0% YoY from 3.1% in Q1 2025.
Hagerty (HGTY) Operating Margin (2020 - 2026) Analysis & Trends
Hagerty (HGTY) has 7 years of Operating Margin data on file, last reported 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 1.84% (down 132.0% YoY) and the FY2025 annual result came in at 2.65%, down 51.0% from the prior year.
- Operating Margin advanced to 3.29% in Q1 2026 per HGTY's latest filing, from 17.8% in the prior quarter.
- The five-year high for Operating Margin was 26.83% in Q2 2025, with the low at 17.8% in Q4 2025.
- Average Operating Margin over 5 years is 0.66%, with a median of 3.29% recorded in 2026.
- Year-over-year, Operating Margin plunged 1258 bps in 2022 and jumped 1856 bps in 2024.
- Hagerty's Operating Margin stood at 7.19% in 2022, then surged by 151 bps to 3.69% in 2023, then tumbled by 272 bps to 6.34% in 2024, then sank by 181 bps to 17.8% in 2025, then soared by 118 bps to 3.29% in 2026.
- Business Quant data shows HGTY's Operating Margin at 3.29% in Q1 2026, 17.8% in Q4 2025, and 9.03% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | -7.70% |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | -46.25% |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 11.57% |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 12.21% |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 8.45% |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 5.54% |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | - |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 71.45% |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 10.48% |
| 10 | Hagerty | 1.22 Bn | 1.43 Bn | - | 3.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.29% |
| Dec 31, 2025 | -17.80% |
| Sep 30, 2025 | 9.03% |
| Jun 30, 2025 | 26.83% |
| Mar 31, 2025 | 5.35% |
| Dec 31, 2024 | -6.34% |
| Sep 30, 2024 | 3.12% |
| Jun 30, 2024 | 12.15% |
| Mar 31, 2024 | 4.50% |
| Dec 31, 2023 | 3.69% |
| Sep 30, 2023 | 5.85% |
| Jun 30, 2023 | 6.60% |
| Mar 31, 2023 | -14.07% |
| Dec 31, 2022 | -7.19% |
| Sep 30, 2022 | -9.79% |
| Jun 30, 2022 | 2.54% |
| Mar 31, 2022 | -16.53% |
| Dec 31, 2021 | -25.17% |
| Sep 30, 2021 | 1.05% |
| Jun 30, 2021 | 8.53% |