Hagerty, Inc.
HGTY · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $1,191,494 | $1,011,756 | $829,487 | $576,539 |
| % Growth | 17.8% | 22% | 43.9% | – |
| Cost of Goods Sold | $600,312 | $472,463 | $373,552 | $263,063 |
| Gross Profit | $591,182 | $539,293 | $455,935 | $313,476 |
| % Margin | 49.6% | 53.3% | 55% | 54.4% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $303,967 | $302,330 | $288,610 | $236,459 |
| SG&A Expenses | $494,490 | $458,708 | $429,391 | $343,942 |
| Sales & Mktg Exp. | $190,523 | $156,378 | $140,781 | $107,483 |
| Other Operating Expenses | $3,010 | $35,813 | $15,448 | $24,137 |
| Operating Expenses | $497,500 | $494,521 | $444,839 | $368,079 |
| Operating Income | $93,682 | $44,772 | $11,096 | -$54,603 |
| % Margin | 7.9% | 4.4% | 1.3% | -9.5% |
| Other Income/Exp. Net | $0 | $0 | -$1,676 | $0 |
| Pre-Tax Income | $93,682 | $44,772 | $9,420 | -$54,603 |
| Tax Expense | $15,379 | $16,593 | $7,017 | $6,751 |
| Net Income | $17,017 | $20,231 | $32,078 | -$46,358 |
| % Margin | 1.4% | 2% | 3.9% | -8% |
| EPS | 0.1 | 0.38 | 0.049 | -0.75 |
| % Growth | -73.7% | 670.8% | 106.6% | – |
| EPS Diluted | 0.1 | 0.093 | 0.012 | -0.75 |
| Weighted Avg Shares Out | 87,529 | 84,180 | 82,728 | 82,327 |
| Weighted Avg Shares Out Dil | 88,504 | 340,323 | 336,147 | 82,327 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $22,821 | $0 | $1,993 |
| Interest Expense | $0 | $0 | $0 | $0 |
| Depreciation & Amortization | $38,905 | $45,809 | $33,887 | $22,144 |
| EBITDA | $132,587 | $90,581 | $44,983 | -$32,459 |
| % Margin | 11.1% | 9% | 5.4% | -5.6% |