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| Date | Value |
|---|---|
| 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% |