Hagerty (HGTY) Tax Rate (2021 - 2026)

Hagerty's (HGTY) quarterly Tax Rate came in at 39.17% in Q1 2026, up 2242.0% year-on-year from 1.67% in Q1 2025, and up 39.56% quarter-over-quarter from 28.06% in Q4 2025.

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

Hagerty has disclosed Tax Rate across 6 years of filings, most recently posting 39.17% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 39.17%, up 2242.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.77% (down 4168.0% YoY), and the FY2025 annual result was 7.22%, down 2363.0% from the prior year.
  • Tax Rate came in at 39.17% for Q1 2026 at Hagerty, up from 28.06% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 39.28% in Q4 2024 to a low of 246.19% in Q3 2025.
  • The 5-year median for Tax Rate is 11.99% (2024), against an average of 5.22%.
  • Across the five-year window, Tax Rate jumped 8288 bps in 2023 and slumped 24050 bps in 2025, its largest moves.
  • Hagerty's Tax Rate stood at 10.04% in 2022, then surged by 436 bps to 33.68% in 2023, then increased by 17 bps to 39.28% in 2024, then declined by 29 bps to 28.06% in 2025, then soared by 40 bps to 39.17% in 2026.
  • The last three Tax Rate figures came in at 39.17% (Q1 2026), 28.06% (Q4 2025), and 246.19% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 21.58%
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn 20.98%
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn 19.25%
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn 20.91%
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn 16.32%
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 15.95%
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn 24.30%
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 23.54%
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 18.33%
10 Hagerty 1.06 Bn 1.27 Bn - 39.17%

Historic Data

Download Data
DateValue
Mar 31, 2026 39.17%
Mar 31, 2026 39.17%
Dec 31, 2025 28.06%
Dec 31, 2025 28.06%
Sep 30, 2025 -246.19%
Sep 30, 2025 -246.19%
Jun 30, 2025 11.55%
Jun 30, 2025 11.55%
Mar 31, 2025 16.74%
Mar 31, 2025 16.74%
Dec 31, 2024 39.28%
Dec 31, 2024 39.28%
Sep 30, 2024 -5.68%
Sep 30, 2024 -5.68%
Jun 30, 2024 11.99%
Jun 30, 2024 11.99%
Mar 31, 2024 38.48%
Mar 31, 2024 38.48%
Dec 31, 2023 33.68%
Dec 31, 2023 33.68%