No significant weaknesses identified
| Name | Market Cap | Current Price | P/E Ratio | Revenue Growth 1Y | Net Margin | ROE | FCF Yield | Debt/Equity |
|---|---|---|---|---|---|---|---|---|
| HGTYHagerty, Inc. | 1.28B | 12.77 | 127.70 | 17.77% | 3.18% | 6.06% | 12.13% | 0.28 |
| PLMRPalomar Holdings, Inc. | 3.46B | 130.41 | 29.11 | 47.33% | 22.66% | 20.03% | 7.55% |
| Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Revenue | 397.27M | 499.55M | 576.54M | 829.49M | 1.01B | 1.19B |
| Revenue Growth % | - | 0.26% | 0.15% | 0.44% | 0.22% | 0.18% |
| Medical Costs & Claims | 0 | 0 | 263.06M | 373.55M | 472.46M | 600.31M |
| Medical Cost Ratio % | - | - | - | - | - | - |
| Gross Profit | 397.27M | 499.55M | 313.48M | 455.94M | 539.29M | 591.18M |
| Gross Margin % | - | - | - | - | - | - |
| Gross Profit Growth % | - | 0.26% | -0.37% | 0.45% | 0.18% | 0.1% |
| Operating Expenses | 386.43M | 483.7M | 368.08M | 444.84M | 494.52M | 497.5M |
| OpEx / Revenue % | - | - | - | - | - | - |
| Depreciation & Amortization | 8.95M | 11.8M | 22.14M | 33.89M | 45.81M | 38.91M |
| Combined Ratio % | - | - | - | - | - | - |
| Operating Income | 10.85M | 15.85M | -54.6M | 11.1M | 44.77M | 93.68M |
| Operating Margin % | - | - | - | - | - | - |
| Operating Income Growth % | - | 0.46% | -4.45% | 1.2% | 3.03% | 1.09% |
| EBITDA | 19.8M | 27.65M | -32.46M | 44.98M | 90.58M | 132.59M |
| EBITDA Margin % | - | - | - | - | - | - |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Operating Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Pretax Income | 11.46M | 14.86M | -54.6M | 9.42M | 44.77M | 93.68M |
| Pretax Margin % | - | - | - | - | - | - |
| Income Tax | 7.25M | 4.82M | 6.75M | 7.02M | 16.59M | 15.38M |
| Effective Tax Rate % | - | - | - | - | - | - |
| Net Income | 4.21M | 10.17M | -46.36M | 32.08M | 20.23M | 17.02M |
| Net Margin % | - | - | - | - | - | - |
| Net Income Growth % | - | 1.42% | -5.56% | 1.69% | -0.37% | -0.16% |
| EPS (Diluted) | 0.05 | 0.12 | -0.75 | 0.01 | 0.09 | 0.10 |
| EPS Growth % | - | 1.35% | -7.25% | 1.02% | 6.71% | 0.07% |
| EPS (Basic) | 0.05 | 0.12 | -0.75 | 0.05 | 0.38 | 0.10 |
| Diluted Shares Outstanding | 82.33M | 82.33M | 82.33M | 336.15M | 340.32M | 88.5M |
| Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Total Assets | 443.28M | 610.71M | 1.04B | 1.31B | 1.59B | 1.71B |
| Asset Growth % | - | 0.38% | 0.71% | 0.26% | 0.21% | 0.08% |
| Total Investment Assets | 0 | 0 | 134.51M | 12.99M | 0 | 589.53M |
| Long-Term Investments | 0 | 0 | 134.51M | 0 | 0 | 73.96M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 73.96M |
| Total Current Assets | 388.14M | 513.36M | 454.95M | 0 | 1.25B | 0 |
| Cash & Equivalents | 21.81M | 38.11M | 275.33M | 95.17M | 108.33M | 104.78M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 228.25M | 307.17M | 244.58M | -394.44M | 1.07B | -494.65M |
| Goodwill & Intangibles | 21.1M | 51.36M | 87.66M | 219.06M | 206.14M | 204.23M |
| Goodwill | 3.8M | 4.75M | 11.49M | 115.04M | 114.21M | 114.12M |
| Intangible Assets | 17.3M | 46.62M | 76.17M | 104.02M | 91.92M | 90.11M |
| PP&E (Net) | 16.23M | 25.82M | 28.36M | 107.65M | 71.28M | 62.69M |
| Other Assets | 17.81M | 20.17M | -116.02M | -326.72M | 60.58M | -340.88M |
| Total Liabilities | 332.82M | 493.39M | 771.07M | 945.15M | 1.09B | 1.19B |
| Total Debt | 52.2M | 69M | 135.5M | 196.61M | 181.14M | 148.15M |
| Net Debt | 30.39M | 30.89M | -139.83M | 101.44M | 72.81M | 43.36M |
| Long-Term Debt | 26.1M | 69M | 135.5M | 3.28M | 130.68M | 25.27M |
| Short-Term Debt | 26.1M | 0 | 0 | 105M | 0 | 79.7M |
| Total Current Liabilities | 295.34M | 384.75M | 9.08M | 0 | 842.3M | 0 |
| Accounts Payable | 46.65M | 60.71M | 9.08M | 68.17M | 87.17M | 108.35M |
| Deferred Revenue | 16.96M | 19.54M | 21.72M | 25.26M | 30.32M | 31.91M |
| Other Current Liabilities | 118.5M | 187.6M | 403.88M | -399.74M | 522.28M | -395.73M |
| Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 0 | 1000K |
| Other Liabilities | 5.46M | 12.47M | 129.24M | -116.07M | 71.43M | -101.85M |
| Total Equity | 110.46M | 117.32M | 270.8M | 367.37M | 493.35M | 523.51M |
| Equity Growth % | - | 0.06% | 1.31% | 0.36% | 0.34% | 0.06% |
| Shareholders Equity | 110.46M | 117.2M | -323.78M | 59.25M | 175.54M | 150.32M |
| Minority Interest | 0 | 123K | 594.58M | 308.12M | 317.81M | 373.18M |
| Retained Earnings | 0 | 56.83M | -482.28M | -489.6M | -469M | -451.98M |
| Common Stock | 112.99M | 62.32M | 33K | 33K | 33K | 34K |
| Accumulated OCI | -2.52M | -1.95M | -1.73M | -213K | -88K | -1.51M |
| Return on Equity (ROE) | 0.04% | 0.09% | -0.24% | 0.1% | 0.05% | 0.03% |
| Return on Assets (ROA) | 0.01% | 0.02% | -0.06% | 0.03% | 0.01% | 0.01% |
| Equity / Assets | - | - | - | - | - | - |
| Debt / Equity | 0.47x | 0.59x | 0.50x | 0.54x | 0.37x | 0.28x |
| Book Value per Share | 1.34 | 1.43 | 3.29 | 1.09 | 1.45 | 5.92 |
| Tangible BV per Share | - | - | - | - | - | - |
| Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Cash from Operations | 50.09M | 84.57M | 42.28M | 55.33M | 133.71M | 177.02M |
| Operating CF Growth % | - | 0.69% | -0.5% | 0.31% | 1.42% | 0.32% |
| Operating CF / Revenue % | - | - | - | - | - | - |
| Net Income | 4.21M | 10.04M | -61.35M | 2.4M | 20.23M | 78.3M |
| Depreciation & Amortization | 8.95M | 11.8M | 22.14M | 33.89M | 45.81M | 35.52M |
| Stock-Based Compensation | 0 | 0 | 0 | 12.13M | 18.02M | 17.36M |
| Deferred Taxes | 5.92M | 1.48M | 3.04M | 2.97M | 2.92M | 2.93M |
| Other Non-Cash Items | 619.41K | 3.41M | 45.12M | -54.54M | 12.49M | 20.17M |
| Working Capital Changes | 30.53M | 57.85M | 33.33M | 58.47M | 34.23M | 22.74M |
| Cash from Investing | -21.06M | -47.39M | -68.99M | -91.52M | -52.65M | -618.56M |
| Capital Expenditures | -9.4M | -38.26M | -43.37M | -44.38M | -26.4M | -21.34M |
| Acquisitions | -11.25M | -8.88M | -14.61M | -30.65M | -8.68M | -25.12M |
| Purchase of Investments | 0 | 0 | -12.25M | -4.23M | -10.57M | -680.31M |
| Sale/Maturity of Investments | 0 | 0 | 1000K | 1000K | 1000K | 1000K |
| Other Investing | -406.21K | -255K | 48K | -13.47M | -14.46M | -5M |
| Cash from Financing | 40.09M | 39.95M | 332.07M | -28.08M | 103.16M | -46.92M |
| Dividends Paid | 0 | -4M | -4.06M | 0 | 0 | -5.6M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -5.84M |
| Stock Issued | 89.09M | 0 | 0 | 0 | 79.16M | 0 |
| Debt Issuance (Net) | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K |
| Other Financing | -150K | 48K | 270.59M | 49K | 2.31M | -6.68M |
| Net Change in Cash | 69.35M | 78.02M | 304.89M | -64.78M | 185.09M | -491.43M |
| Exchange Rate Effect | 224.88K | 885K | -464K | -504K | 865K | -1000K |
| Cash at Beginning | 151.71M | 221.06M | 299.08M | 603.97M | 539.19M | 724.28M |
| Cash at End | 221.06M | 299.08M | 603.97M | 539.19M | 724.28M | 232.84M |
| Free Cash Flow | 40.69M | 46.31M | -1.09M | 10.95M | 107.3M | 155.68M |
| FCF Growth % | - | 0.14% | -1.02% | 11.06% | 8.8% | 0.45% |
| FCF Margin % | - | - | - | - | - | - |
| FCF per Share | 0.49 | 0.56 | -0.01 | 0.03 | 0.32 | 1.76 |
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Combined Ratio | 97.27% | 96.83% | 109.47% | 98.66% | 95.57% | 92.14% |
| Medical Cost Ratio | 0% | 0% | 45.63% | 45.03% | 46.7% | 50.38% |
| Return on Equity (ROE) | 3.81% | 8.93% | -23.89% | 10.05% | 4.7% | 3.35% |
| Return on Assets (ROA) | 0.95% | 1.93% | -5.61% | 2.73% | 1.39% | 1.03% |
| Equity / Assets | 24.92% | 19.21% | 25.99% | 27.99% | 31.06% | 30.63% |
| Book Value / Share | 1.34 | 1.43 | 3.29 | 1.09 | 1.45 | 5.92 |
| Debt / Equity | 0.47x | 0.59x | 0.50x | 0.54x | 0.37x | 0.28x |
| Revenue Growth | - | 25.74% | 15.41% | 43.87% | 21.97% | 17.77% |
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Commission Revenue And Fee Revenue | 271.57M | 307.24M | 365.51M | 423.24M |
| Commission Revenue And Fee Revenue Growth | - | 13.13% | 18.97% | 15.79% |
| Membership And Other Revenue | 51.68M | 77.29M | 102.83M | 133.47M |
| Membership And Other Revenue Growth | - | 49.54% | 33.05% | 29.79% |
| Membership | - | - | 52.46M | 57.55M |
| Membership Growth | - | - | - | 9.70% |
| Marketplace Revenue | - | - | - | 46.36M |
| Marketplace Revenue Growth | - | - | - | - |
| Product and Service, Other | - | - | 50.38M | 21.61M |
| Product and Service, Other Growth | - | - | - | -57.11% |
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| UNITED STATES | 9.45M | 29.92M | 434.62M | 511.8M |
| UNITED STATES Growth | - | 216.68% | 1352.60% | 17.76% |
| CANADA | 301K | 767K | 25.75M | 27.39M |
| CANADA Growth | - | 154.82% | 3257.11% | 6.37% |
| Europe | 1.33M | 1.37M | 7.98M | 9.56M |
| Europe Growth | - | 2.86% | 483.33% | 19.84% |
Hagerty, Inc. (HGTY) has a price-to-earnings (P/E) ratio of 127.7x. This suggests investors expect higher future growth.
Hagerty, Inc. (HGTY) grew revenue by 17.8% over the past year. This is strong growth.
Yes, Hagerty, Inc. (HGTY) is profitable, generating $43.3M in net income for fiscal year 2024 (1.4% net margin).
Yes, Hagerty, Inc. (HGTY) pays a dividend with a yield of 0.50%. This makes it attractive for income-focused investors.
Hagerty, Inc. (HGTY) has a return on equity (ROE) of 3.3%. This is below average, suggesting room for improvement.
Hagerty, Inc. (HGTY) has a combined ratio of 92.1%. A ratio below 100% indicates underwriting profitability.