Hagerty, Inc.
HGTY · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $78,303 | $20,231 | $2,403 | -$61,354 |
| Dep. & Amort. | $35,519 | $45,809 | $33,887 | $22,144 |
| Deferred Tax | $2,929 | $2,921 | $2,973 | $3,038 |
| Stock-Based Comp. | $17,357 | $18,017 | $12,129 | $0 |
| Change in WC | $22,742 | $34,233 | $58,472 | $33,333 |
| Other Non-Cash | $20,174 | $12,495 | -$54,536 | $45,120 |
| Operating Cash Flow | $177,024 | $133,706 | $55,328 | $42,281 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$21,344 | -$26,403 | -$44,375 | -$43,370 |
| Net Acquisitions | -$25,120 | -$8,683 | -$30,654 | -$14,609 |
| Inv. Purchases | -$680,313 | -$10,568 | -$4,234 | -$12,246 |
| Inv. Sales/Matur. | $113,216 | $7,468 | $1,216 | $1,183 |
| Other Inv. Act. | -$5,003 | -$14,461 | -$13,474 | $48 |
| Investing Cash Flow | -$618,564 | -$52,647 | -$91,521 | -$68,994 |
| Financing Activities | – | – | – | – |
| Debt Repay. | -$28,803 | $21,697 | -$28,133 | $65,538 |
| Stock Issued | $0 | $79,159 | $0 | $0 |
| Stock Repurch. | -$5,836 | $0 | $0 | $0 |
| Dividends Paid | -$5,600 | $0 | $0 | -$4,056 |
| Other Fin. Act. | -$6,683 | $2,305 | $49 | $270,589 |
| Financing Cash Flow | -$46,922 | $103,161 | -$28,084 | $332,071 |
| Forex Effect | -$2,969 | $865 | -$504 | -$464 |
| Net Chg. in Cash | -$491,431 | $185,085 | -$64,781 | $304,894 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $724,276 | $539,191 | $603,972 | $299,078 |
| End Cash | $232,845 | $724,276 | $539,191 | $603,972 |
| Free Cash Flow | $155,680 | $107,303 | $10,953 | -$1,089 |