Hagerty Inc (HGTY) - Net Assets
Based on the latest financial reports, Hagerty Inc (HGTY) has net assets worth $784.65 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.15 Billion) and total liabilities ($1.36 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Hagerty Inc (HGTY) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $784.65 Million |
| % of Total Assets | 36.52% |
| Annual Growth Rate | 37.51% |
| 5-Year Change | 175.86% |
| 10-Year Change | N/A |
| Growth Volatility | 43.28 |
Hagerty Inc - Net Assets Trend (2019–2025)
This chart illustrates how Hagerty Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Hagerty Inc market cap and net worth.
Annual Net Assets for Hagerty Inc (2019–2025)
The table below shows the annual net assets of Hagerty Inc from 2019 to 2025. Also explore Hagerty Inc (HGTY) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $747.03 Million | +53.08% |
| 2024-12-31 | $488.01 Million | -1.08% |
| 2023-12-31 | $493.35 Million | +34.29% |
| 2022-12-31 | $367.37 Million | +35.66% |
| 2021-12-31 | $270.80 Million | +130.82% |
| 2020-12-31 | $117.32 Million | +6.21% |
| 2019-12-31 | $110.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hagerty Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 40296000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $34.00K | 0.01% |
| Other Comprehensive Income | $1.23 Million | 0.40% |
| Other Components | $709.63 Million | 230.45% |
| Total Equity | $307.93 Million | 100.00% |
Hagerty Inc Competitors by Market Cap
The table below lists competitors of Hagerty Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jeju Semiconductor Corp
KQ:080220
|
$1.42 Billion |
|
Varroc Engineering Limited
NSE:VARROC
|
$1.42 Billion |
|
REX American Resources Corporation
NYSE:REX
|
$1.42 Billion |
|
ArriVent BioPharma, Inc. Common Stock
NASDAQ:AVBP
|
$1.42 Billion |
|
Insperity Inc
NYSE:NSP
|
$1.42 Billion |
|
Orange Belgium SA
BR:OBEL
|
$1.42 Billion |
|
PROG Holdings Inc
NYSE:PRG
|
$1.42 Billion |
|
Shenzhen Noposion Agrochemicals Co Ltd
SHE:002215
|
$1.42 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hagerty Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 234,985,000 to 307,934,000, a change of 72,949,000 (31.0%).
- Net income of 49,018,000 contributed positively to equity growth.
- Dividend payments of 5,600,000 reduced retained earnings.
- Share repurchases of 5,600,000 reduced equity.
- Other comprehensive income increased equity by 2,743,000.
- Other factors increased equity by 32,388,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $49.02 Million | +15.92% |
| Dividends Paid | $5.60 Million | -1.82% |
| Share Repurchases | $5.60 Million | -1.82% |
| Other Comprehensive Income | $2.74 Million | +0.89% |
| Other Changes | $32.39 Million | +10.52% |
| Total Change | $- | 31.04% |
Book Value vs Market Value Analysis
This analysis compares Hagerty Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 15.71x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 41.56x to 15.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.34 | $13.94 | x |
| 2020-12-31 | $7.84 | $13.94 | x |
| 2021-12-31 | $-3.93 | $13.94 | x |
| 2022-12-31 | $0.18 | $13.94 | x |
| 2023-12-31 | $0.52 | $13.94 | x |
| 2024-12-31 | $2.66 | $13.94 | x |
| 2025-12-31 | $0.89 | $13.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hagerty Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.37%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 6.73x
- Recent ROE (15.92%) is above the historical average (14.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 3.81% | 1.06% | 0.90x | 4.01x | $-6.84 Million |
| 2020 | 8.67% | 2.04% | 0.84x | 5.10x | $-1.55 Million |
| 2021 | 0.00% | -8.04% | 0.56x | 0.00x | $-13.98 Million |
| 2022 | 54.14% | 3.87% | 0.64x | 21.74x | $26.15 Million |
| 2023 | 11.53% | 2.00% | 0.65x | 8.87x | $2.68 Million |
| 2024 | 7.24% | 1.43% | 0.71x | 7.12x | $-6.48 Million |
| 2025 | 15.92% | 3.37% | 0.70x | 6.73x | $18.22 Million |
Industry Comparison
This section compares Hagerty Inc's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $7,235,999,200
- Average return on equity (ROE) among peers: 5.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hagerty Inc (HGTY) | $784.65 Million | 3.81% | 1.74x | $1.42 Billion |
| American Coastal Insurance Corp (ACIC) | $417.60 Million | -23.10% | 5.82x | $433.93 Million |
| American Financial Group, Inc. (AFG) | $1.44 Billion | 1.37% | 0.99x | $10.91 Billion |
| Aspen Insurance Holdings Ltd (AHL) | $2.04 Billion | -8.72% | 2.21x | $119.39 Million |
| American Integrity Insurance Group, Inc. (AII) | $337.02 Million | 29.56% | 2.63x | $386.34 Million |
| Assurant, Inc. (AIZ) | $5.68 Billion | 6.73% | 6.79x | $13.92 Billion |
| The Allstate Corporation (ALL) | $26.00 Billion | 18.64% | 3.61x | $63.17 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $322.20 Million | 3.12% | 1.74x | $990.91 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $449.27 Million | 11.97% | 4.28x | $1.10 Billion |
| Chubb Ltd (CB) | $29.59 Billion | 9.64% | 2.32x | $124.22 Billion |
| Cincinnati Financial Corporation (CINF) | $6.09 Billion | 9.89% | 1.63x | $25.94 Billion |
About Hagerty Inc
Hagerty, Inc. provides insurance services for collector cars and enthusiast vehicles in the United States, Canada, and the United Kingdom. It operates through Insurance and Marketplace segments. The company operates as a managing general agent that underwrites, sells, and services collector car and enthusiast vehicle insurance policies. It also provides Hagerty Drivers Club memberships, which are… Read more