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Hagerty profit margin HGTY

Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.

Net margin, 12 months
1.8%
Net margin on a year earlier
−0.3 pts
Peer median
14.0%

Over the twelve months to Jun 30, 2026, Hagerty kept 1.8% of its revenue as net profit.

The median for 10 insurance brokers of a similar size is 14.0%.

Profit margin over time

OperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating margin
FY20253.3%n/a
FY20241.4%5.5%
FY20230.0%1.0%
FY20224.1%−8.6%
FY2021−7.5%−1.6%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY261.8%−0.3 ptsn/a
Q1 FY262.5%+0.3 ptsn/a
Q4 FY253.3%+1.9 ptsn/a
Q3 FY253.1%+2.4 pts8.2%
Q2 FY252.1%+1.3 pts6.8%
Q1 FY252.1%+2.1 pts6.4%
Q4 FY241.4%+1.4 pts5.5%
Q3 FY240.7%+0.6 pts4.7%
Q2 FY240.8%−0.4 pts5.4%
Q1 FY240.1%−0.2 pts3.7%
Q4 FY230.0%−4.1 pts1.0%
Q3 FY230.1%+2.1 pts−2.0%

Against its peers

Companies in Insurance - Brokers nearest Hagerty's size, closest first, today.

CompanyProfit margin
HGTYHagerty1.8%
ACTEnact54.5%
CRVLCorvel11.7%
NPNeptune Insurance22.7%
RYANRyan Specialty3.1%
ERIEErie Indemnity14.0%
GSHDGoosehead Insurance8.8%
TWFGTWFGn/m
BROBrown & Brown17.7%
WTWWillis Towers Watson Public15.5%
CRD-ACrawford1.8%
Peer median14.0%

Where Hagerty ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Hagerty

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.