Hagerty, Inc.

NYSE HGTY

Hagerty, Inc. Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2024: USD -22.12 M

Hagerty, Inc. Capital Expenditure is USD -22.12 M for the Trailing 12 Months (TTM) ending September 30, 2024, a 31.93% change year over year. Capital expenditure is cash spent on acquiring or maintaining fixed assets, such as property, plants, and equipment (PP&E).

Hagerty, Inc. Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2023 was USD -32.50 M, a 28.78% change year over year.
Hagerty, Inc. Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2022 was USD -45.64 M, a -2.00% change year over year.
Hagerty, Inc. Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2021 was USD -44.74 M.

Key data

Date	Capital Expenditure	Free Cash Flow	Depreciation And Amortization	Deferred Income Tax

NYSE: HGTY

Hagerty, Inc.

CEO	Mr. McKeel O. Hagerty
IPO Date	June 1, 2021
Location	United States
Headquarters	121 Drivers Edge
Employees	1,726
Sector	Consumer Discretionary
Industries Automobiles & Vehicles Athletics & Sports Automotive Parts Hospitality Insurance Leisure Motorcycles Ridesharing

Description

Hagerty, Inc. provides insurance agency services worldwide. It offers automobile and boat insurance products; and reinsurance products. The company also provides Hagerty Media, which publishes contents through the HDC Magazine, video content, YouTube channel; HDC that offers subscription based products and services, including HDC Magazine, automotive enthusiast events, proprietary vehicle valuation tools, emergency roadside services, and special vehicle-related discounts; HVT, a valuation tool used by the customer to access current and historic pricing data of collector car, truck, SUV, and motorcycle models; and Hagerty Events, an eclectic mix of small and large events. In addition, it offers DriveShare, a peer-to-peer rental platform for collector and cool vehicles; Motorsport Reg, a motorsport membership, licensing, and event online management system that automates event listings, registration, and payment processing for various motorsport events; and Hagerty Garage + Social, a platform that provides clubhouses and car storage facilities. The company is headquartered in Traverse City, Michigan.

Key trends

Past 5 years