Hagerty EBITDA Margin Growth & History (HGTY)
Hagerty's ebitda margin was 19.20% for fiscal 2024.
View full Hagerty company overviewHagerty annual ebitda margin history
2020
2021
2022
2023
2024
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | 19.20% | +7.09 pp |
| 2023 | 2023-12-31 | 12.11% | +20.89 pp |
| 2022 | 2022-12-31 | −8.78% | −12.51 pp |
| 2021 | 2021-12-31 | 3.74% | −6.17 pp |
| 2020 | 2020-12-31 | 9.91% | — |
Hagerty quarterly ebitda margin
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q3 2025 | 2025-09-30 | 23.02% | +10.62 pp |
| Q2 2025 | 2025-06-30 | 30.00% | −1.33 pp |
| Q1 2025 | 2025-03-31 | 23.73% | +4.51 pp |
| Q4 2024 | 2024-12-31 | 12.53% | +7.78 pp |
| Q3 2024 | 2024-09-30 | 12.40% | −7.39 pp |
| Q2 2024 | 2024-06-30 | 31.33% | +10.66 pp |
| Q1 2024 | 2024-03-31 | 19.23% | +21.94 pp |
| Q4 2023 | 2023-12-31 | 4.75% | +35.98 pp |
| Q3 2023 | 2023-09-30 | 19.79% | +31.07 pp |
| Q2 2023 | 2023-06-30 | 20.67% | +11.12 pp |
| Q1 2023 | 2023-03-31 | −2.72% | +4.73 pp |
| Q4 2022 | 2022-12-31 | −31.23% | −22.07 pp |
| Q3 2022 | 2022-09-30 | −11.29% | −19.84 pp |
| Q2 2022 | 2022-06-30 | 9.55% | −10.35 pp |
| Q1 2022 | 2022-03-31 | −7.44% | −6.35 pp |
| Q4 2021 | 2021-12-31 | −9.16% | — |
| Q3 2021 | 2021-09-30 | 8.55% | — |
| Q2 2021 | 2021-06-30 | 19.90% | — |
| Q1 2021 | 2021-03-31 | −1.10% | — |
Hagerty ebitda margin trends
Between the periods ended 2020-12-31 and 2024-12-31, Hagerty's ebitda margin increased from 9.91% to 19.20%, a change of +9.29 percentage points. The latest reported quarter, Q3 2025, shows 23.02%.
About the metric
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
Calculation and source
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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