Hagerty annual free cash flow
2020
2021
2022
2023
2024
2025
Hagerty Free Cash Flow (FCF) History (HGTY)
Hagerty reported $194.5M in free cash flow for fiscal 2025, an increase of 24.90% from the previous fiscal year, with a free cash flow margin of 28.70%.
View full Hagerty company overviewHagerty free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $194.5M | $38.8M | +24.90% | +28.70% |
| 2024 | 2024-12-31 | $155.7M | $48.4M | +45.08% | +28.38% |
| 2023 | 2023-12-31 | $107.3M | $96.3M | +879.67% | +23.11% |
| 2022 | 2022-12-31 | $11.0M | $12.0M | — | +2.85% |
| 2021 | 2021-12-31 | −$1.1M | −$47.4M | — | −0.34% |
| 2020 | 2020-12-31 | $46.3M | — | — | +16.60% |
Hagerty quarterly free cash flow
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
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $161.7M | $113.9M | +238.74% | +200.01% |
| Q1 2026 | 2026-03-31 | $8.5M | −$29.9M | −77.78% | +13.98% |
| Q4 2025 | 2025-12-31 | $23.1M | $39.7M | — | +15.29% |
| Q3 2025 | 2025-09-30 | $85.2M | $23.2M | +37.35% | +44.86% |
| Q2 2025 | 2025-06-30 | $47.7M | −$8.9M | −15.71% | +25.33% |
| Q1 2025 | 2025-03-31 | $38.4M | −$15.3M | −28.42% | +25.91% |
| Q4 2024 | 2024-12-31 | −$16.7M | −$13.3M | — | −13.76% |
| Q3 2024 | 2024-09-30 | $62.0M | $5.7M | +10.09% | +39.91% |
| Q2 2024 | 2024-06-30 | $56.6M | $5.9M | +11.65% | +36.90% |
| Q1 2024 | 2024-03-31 | $53.7M | $50.1M | +1393.74% | +45.32% |
| Q4 2023 | 2023-12-31 | −$3.4M | $45.8M | — | −3.59% |
| Q3 2023 | 2023-09-30 | $56.4M | $34.6M | +159.37% | +41.50% |
| Q2 2023 | 2023-06-30 | $50.7M | $10.8M | +27.02% | +37.91% |
| Q1 2023 | 2023-03-31 | $3.6M | $5.1M | — | +3.56% |
| Q4 2022 | 2022-12-31 | −$49.2M | $6.1M | — | −58.68% |
| Q3 2022 | 2022-09-30 | $21.7M | $16.6M | +321.35% | +19.89% |
| Q2 2022 | 2022-06-30 | $39.9M | $1.3M | +3.42% | +35.67% |
| Q1 2022 | 2022-03-31 | −$1.5M | −$12.0M | — | −1.93% |
| Q4 2021 | 2021-12-31 | −$55.3M | — | — | −77.94% |
| Q3 2021 | 2021-09-30 | $5.2M | — | — | +5.77% |
| Q2 2021 | 2021-06-30 | $38.6M | — | — | +39.81% |
| Q1 2021 | 2021-03-31 | $10.4M | — | — | +15.82% |
Hagerty free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $46.3M to $194.5M, a compound annual growth rate of 33.24%. Hagerty's latest reported quarter, Q2 2026, generated $161.7M in free cash flow, an increase of 238.74% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Hagerty filings at SEC.gov ↗