Hagerty Inc (HGTY) - Total Assets
Based on the latest financial reports, Hagerty Inc (HGTY) holds total assets worth $2.07 Billion USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Hagerty Inc shareholders equity for net asset value and shareholders' equity analysis.
Hagerty Inc - Total Assets Trend (2019–2025)
This chart illustrates how Hagerty Inc's total assets have evolved over time, based on quarterly financial data.
Hagerty Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Hagerty Inc's total assets of $2.07 Billion consist of 25.3% current assets and 74.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.4% |
| Accounts Receivable | $224.73 Million | 10.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $88.92 Million | 4.3% |
| Goodwill | $114.16 Million | 5.5% |
Asset Composition Trend (2019–2025)
This chart illustrates how Hagerty Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Hagerty Inc market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hagerty Inc's current assets represent 25.3% of total assets in 2025, a decrease from 87.6% in 2019.
- Cash Position: Cash and equivalents constituted 14.4% of total assets in 2025, up from 4.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 3.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 10.9% of total assets.
Hagerty Inc Competitors by Total Assets
Key competitors of Hagerty Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
The Travelers Companies Inc
NYSE:TRV
|
USA | $143.71 Billion |
|
QBE Insurance Group Ltd
AU:QBE
|
Australia | AU$49.19 Billion |
|
Suncorp Group Ltd
AU:SUNPH
|
Australia | AU$30.16 Billion |
|
Suncorp Group Ltd
AU:SUN
|
Australia | AU$29.52 Billion |
|
Insurance Australia Group Ltd
AU:IAG
|
Australia | AU$27.65 Billion |
|
Intact Financial Corporation
TO:IFC
|
Canada | CA$62.87 Billion |
|
Fairfax Financial Holdings Ltd
TO:FFH
|
Canada | CA$107.59 Billion |
|
Definity Financial Corp
TO:DFY
|
Canada | CA$9.56 Billion |
Hagerty Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.78 | 0.73 | 1.33 |
| Quick Ratio | 0.78 | 0.73 | 1.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-269.19 Million | $-285.69 Million | $128.61 Million |
Hagerty Inc - Advanced Valuation Insights
This section examines the relationship between Hagerty Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.19 |
| Latest Market Cap to Assets Ratio | 0.49 |
| Asset Growth Rate (YoY) | 23.8% |
| Total Assets | $2.07 Billion |
| Market Capitalization | $1.02 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Hagerty Inc's assets below their book value (0.49x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hagerty Inc's assets grew by 23.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hagerty Inc (2019–2025)
The table below shows the annual total assets of Hagerty Inc from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $2.07 Billion | +23.79% |
| 2024-12-31 | $1.67 Billion | +7.45% |
| 2023-12-31 | $1.56 Billion | +20.95% |
| 2022-12-31 | $1.29 Billion | +25.84% |
| 2021-12-31 | $1.02 Billion | +71.28% |
| 2020-12-31 | $597.48 Million | +34.79% |
| 2019-12-31 | $443.28 Million | -- |
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