Hagerty (HGTY) Tax Rate (2021 - 2026)

Hagerty (HGTY) posted Tax Rate of 39.17% for Q1 2026, up 39.56% sequentially from 28.06% in Q4 2025, and up 2242.0% YoY from 1.67% in Q1 2025.

Analysis

Hagerty (HGTY) Tax Rate (2021 - 2026) Analysis & Trends

Hagerty has reported Tax Rate for 6 years, with the latest figure at 39.17% in Q1 2026.

Quarterly Tax Rate rose 2242.0% year-over-year to 39.17% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 27.77% (down 4168.0% YoY) and the FY2025 annual result came in at 7.22%, down 2363.0% from the prior year.
Tax Rate rose to 39.17% in Q1 2026 per HGTY's latest filing, from 28.06% in the prior quarter.
Over five years, Tax Rate peaked at 39.28% in Q4 2024 and troughed at 246.19% in Q3 2025.
A 5-year average of 5.22% and a median of 11.99% in 2024 frame the typical range for Tax Rate.
The sharpest annual moves came in 2023 and 2025: Tax Rate soared 8288 bps in 2023, then slumped 24050 bps in 2025.
Over 5 years, Tax Rate stood at 10.04% in 2022, then jumped by 436 bps to 33.68% in 2023, then gained by 17 bps to 39.28% in 2024, then retreated by 29 bps to 28.06% in 2025, then surged by 40 bps to 39.17% in 2026.
According to Business Quant data, Tax Rate over the past three periods registered 39.17%, 28.06%, and 246.19% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Set

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Chubb	134.87 Bn	121.10 Bn	9.13 Bn	20.47%
2	Progressive	130.55 Bn	125.55 Bn	9.04 Bn	21.34%
3	Travelers Companies	79.11 Bn	55.36 Bn	6.23 Bn	20.20%
4	Allstate	67.83 Bn	29.10 Bn	16.28 Bn	21.03%
5	Fairfax Financial Holdings	36.18 Bn	36.18 Bn	-	-20.41%
6	Cincinnati Financial	26.93 Bn	25.04 Bn	2.39 Bn	20.37%
7	Markel	23.13 Bn	6.24 Bn	2.83 Bn	21.92%
8	Loews	22.61 Bn	314.22 Mn	2.57 Bn	23.04%
9	Assurant	14.25 Bn	12.21 Bn	2.71 Bn	20.77%
10	Hagerty	1.38 Bn	1.08 Bn	244.11 Mn	-260.26%

Historic Data

Download Data