Hagerty annual operating margin
2020
2021
2022
2023
2024
Hagerty Operating Margin Growth & History (HGTY)
Hagerty's operating margin was 12.11% for fiscal 2024.
View full Hagerty company overviewHagerty annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | 12.11% | +9.86 pp |
| 2023 | 2023-12-31 | 2.24% | +19.85 pp |
| 2022 | 2022-12-31 | −17.61% | −14.49 pp |
| 2021 | 2021-12-31 | −3.12% | −8.79 pp |
| 2020 | 2020-12-31 | 5.68% | — |
Hagerty quarterly operating 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 | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q3 2025 | 2025-09-30 | 18.06% | +11.57 pp |
| Q2 2025 | 2025-06-30 | 25.31% | +0.51 pp |
| Q1 2025 | 2025-03-31 | 17.34% | +7.02 pp |
| Q4 2024 | 2024-12-31 | 4.98% | +11.90 pp |
| Q3 2024 | 2024-09-30 | 6.49% | −5.38 pp |
| Q2 2024 | 2024-06-30 | 24.81% | +11.91 pp |
| Q1 2024 | 2024-03-31 | 10.32% | +26.62 pp |
| Q4 2023 | 2023-12-31 | −6.92% | +35.71 pp |
| Q3 2023 | 2023-09-30 | 11.87% | +31.29 pp |
| Q2 2023 | 2023-06-30 | 12.90% | +10.77 pp |
| Q1 2023 | 2023-03-31 | −16.31% | +0.22 pp |
| Q4 2022 | 2022-12-31 | −42.62% | −13.01 pp |
| Q3 2022 | 2022-09-30 | −19.42% | −21.39 pp |
| Q2 2022 | 2022-06-30 | 2.13% | −12.59 pp |
| Q1 2022 | 2022-03-31 | −16.53% | −8.80 pp |
| Q4 2021 | 2021-12-31 | −29.61% | — |
| Q3 2021 | 2021-09-30 | 1.97% | — |
| Q2 2021 | 2021-06-30 | 14.72% | — |
| Q1 2021 | 2021-03-31 | −7.73% | — |
Hagerty operating margin trends
Across the available reported history, Hagerty's operating margin increased from 2.24% to 12.11%, a change of +9.86 percentage points. The latest reported quarter, Q3 2025, shows 18.06%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-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.
Review Hagerty filings at SEC.gov ↗