Hagerty annual net debt
2020
2021
2022
2023
2024
2025
Hagerty Net Debt Growth & History (HGTY)
Hagerty's net debt was $63.4M for fiscal 2025.
View full Hagerty company overviewHagerty annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $63.4M | $11.8M | +22.75% |
| 2024 | 2024-12-31 | $51.7M | −$31.3M | −37.73% |
| 2023 | 2023-12-31 | $83.0M | −$18.5M | −18.21% |
| 2022 | 2022-12-31 | $101.4M | $240.3M | — |
| 2021 | 2021-12-31 | −$138.8M | −$170.7M | — |
| 2020 | 2020-12-31 | $31.9M | — | — |
Hagerty quarterly net debt
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 | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$40.0M | −$100.8M | — |
| Q1 2026 | 2026-03-31 | $60.1M | $6.5M | +12.18% |
| Q4 2025 | 2025-12-31 | $63.4M | $11.8M | +22.75% |
| Q3 2025 | 2025-09-30 | $64.5M | $35.6M | +123.51% |
| Q2 2025 | 2025-06-30 | $60.8M | $29.3M | +93.25% |
| Q1 2025 | 2025-03-31 | $53.6M | $31.9M | +147.13% |
| Q4 2024 | 2024-12-31 | $51.7M | −$31.3M | −37.73% |
| Q3 2024 | 2024-09-30 | $28.9M | −$14.8M | −33.84% |
| Q2 2024 | 2024-06-30 | $31.4M | −$20.2M | −39.14% |
| Q1 2024 | 2024-03-31 | $21.7M | −$90.6M | −80.69% |
| Q4 2023 | 2023-12-31 | $83.0M | −$18.5M | −18.21% |
| Q3 2023 | 2023-09-30 | $43.6M | $88.0M | — |
| Q2 2023 | 2023-06-30 | $51.7M | $144.8M | — |
| Q1 2023 | 2023-03-31 | $112.3M | $232.4M | — |
| Q4 2022 | 2022-12-31 | $101.4M | $240.3M | — |
| Q3 2022 | 2022-09-30 | −$44.4M | — | — |
| Q2 2022 | 2022-06-30 | −$93.2M | — | — |
| Q1 2022 | 2022-03-31 | −$120.1M | — | — |
| Q4 2021 | 2021-12-31 | −$138.8M | — | — |
Hagerty net debt trends
Over the last five fiscal years, Hagerty's net debt increased from $31.9M to $63.4M, a change of $31.5M. The latest reported quarter, Q2 2026, shows −$40.0M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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