Hagerty Gross Profit from 2010 to 2024

HGTY Stock

USD 11.04 0.09 0.81%

Hagerty Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 423.7 M in 2024. Gross Profit is the profit Hagerty makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2010-12-31

Previous Quarter

574.2 M

Current Value

423.7 M

Quarterly Volatility

99.6 M

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Check Hagerty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hagerty's main balance sheet or income statement drivers, such as Tax Provision of 7.5 M, Depreciation And Amortization of 23.9 M or Interest Expense of 24 M, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0047 or PTB Ratio of 5.72. Hagerty financial statements analysis is a perfect complement when working with Hagerty Valuation or Volatility modules.

Check out the analysis of Hagerty Correlation against competitors.

For more information on how to buy Hagerty Stock please use our How to Invest in Hagerty guide.

Latest Hagerty's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Hagerty over the last few years. Gross profit is a required income statement account that reflects total revenue of Hagerty minus its cost of goods sold. It is profit before Hagerty operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Hagerty's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hagerty's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 405.64 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Hagerty Gross Profit Regression Statistics

	Arithmetic Mean	343,219,794
	Geometric Mean	331,897,302
	Coefficient Of Variation	29.02
	Mean Deviation	76,069,857
	Median	301,699,465
	Standard Deviation	99,617,605
	Sample Variance	9923.7T
	Range	355.6M
	R-Value	0.62
	Mean Square Error	6639.7T
	R-Squared	0.38
	Significance	0.01
	Slope	13,708,138
	Total Sum of Squares	138931.3T

Hagerty Gross Profit History

	2024	423.7 M
	2023	574.2 M
	2022	540.9 M
	2021	404.6 M
	2020	271 M
	2019	218.6 M

Other Fundumenentals of Hagerty

Gross Profit Margin

Hagerty Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Total Liab	Deferred Long Term Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Short Term Investments	Capital Surpluse
Total Assets		-0.16	0.18	-0.91	-0.68	0.84	0.49	-0.8	0.89	1.0	0.92	-0.07	0.86	0.94	-0.94	0.92	-0.24	0.97	-0.94	0.9	-0.94	-0.61	0.91
Total Stockholder Equity	-0.16		-0.87	0.43	-0.13	0.22	-0.81	0.5	0.19	-0.19	-0.23	0.94	-0.33	0.17	0.34	-0.22	0.12	-0.26	0.34	0.19	0.34	-0.32	0.2
Net Tangible Assets	0.18	-0.87		-0.45	-0.22	-0.25	0.57	-0.56	-0.08	0.2	0.2	-0.97	0.28	-0.16	-0.42	0.2	-0.22	0.23	-0.42	-0.05	-0.42	-0.04	-0.2
Current Deferred Revenue	-0.91	0.43	-0.45		0.57	-0.56	-0.61	0.97	-0.78	-0.91	-0.75	0.38	-0.73	-0.75	0.97	-0.75	0.51	-0.9	0.97	-0.77	0.97	0.44	-0.76
Net Debt	-0.68	-0.13	-0.22	0.57		-0.55	0.1	0.52	-0.68	-0.67	-0.6	0.01	-0.48	-0.68	0.67	-0.61	0.23	-0.55	0.67	-0.75	0.66	0.98	-0.61
Accounts Payable	0.84	0.22	-0.25	-0.56	-0.55		0.28	-0.38	0.83	0.85	0.89	0.36	0.83	0.92	-0.67	0.89	0.19	0.84	-0.67	0.85	-0.68	-0.58	0.87
Long Term Debt	0.49	-0.81	0.57	-0.61	0.1	0.28		-0.59	0.21	0.53	0.59	-0.63	0.72	0.22	-0.58	0.58	0.07	0.65	-0.58	0.2	-0.59	0.26	0.2
Net Receivables	-0.8	0.5	-0.56	0.97	0.52	-0.38	-0.59		-0.69	-0.8	-0.6	0.5	-0.6	-0.6	0.93	-0.6	0.63	-0.79	0.93	-0.68	0.92	0.37	-0.63
Good Will	0.89	0.19	-0.08	-0.78	-0.68	0.83	0.21	-0.69		0.89	0.73	0.21	0.68	0.92	-0.85	0.74	-0.32	0.86	-0.85	0.99	-0.85	-0.68	0.95
Total Liab	1.0	-0.19	0.2	-0.91	-0.67	0.85	0.53	-0.8	0.89		0.93	-0.09	0.89	0.93	-0.95	0.93	-0.2	0.98	-0.95	0.9	-0.95	-0.6	0.9
Deferred Long Term Liab	0.92	-0.23	0.2	-0.75	-0.6	0.89	0.59	-0.6	0.73	0.93		-0.1	0.97	0.84	-0.82	1.0	0.15	0.93	-0.82	0.77	-0.83	-0.54	0.76
Net Invested Capital	-0.07	0.94	-0.97	0.38	0.01	0.36	-0.63	0.5	0.21	-0.09	-0.1		-0.2	0.28	0.32	-0.09	0.21	-0.15	0.32	0.19	0.31	-0.18	0.31
Short Long Term Debt	0.86	-0.33	0.28	-0.73	-0.48	0.83	0.72	-0.6	0.68	0.89	0.97	-0.2		0.73	-0.81	0.97	0.21	0.93	-0.81	0.71	-0.83	-0.4	0.66
Total Current Assets	0.94	0.17	-0.16	-0.75	-0.68	0.92	0.22	-0.6	0.92	0.93	0.84	0.28	0.73		-0.8	0.84	-0.18	0.86	-0.8	0.93	-0.79	-0.68	0.98
Capital Stock	-0.94	0.34	-0.42	0.97	0.67	-0.67	-0.58	0.93	-0.85	-0.95	-0.82	0.32	-0.81	-0.8		-0.83	0.39	-0.94	1.0	-0.86	1.0	0.56	-0.79
Net Working Capital	0.92	-0.22	0.2	-0.75	-0.61	0.89	0.58	-0.6	0.74	0.93	1.0	-0.09	0.97	0.84	-0.83		0.14	0.93	-0.83	0.77	-0.84	-0.55	0.76
Short Term Debt	-0.24	0.12	-0.22	0.51	0.23	0.19	0.07	0.63	-0.32	-0.2	0.15	0.21	0.21	-0.18	0.39	0.14		-0.14	0.39	-0.26	0.36	0.16	-0.31
Intangible Assets	0.97	-0.26	0.23	-0.9	-0.55	0.84	0.65	-0.79	0.86	0.98	0.93	-0.15	0.93	0.86	-0.94	0.93	-0.14		-0.94	0.86	-0.95	-0.46	0.84
Common Stock	-0.94	0.34	-0.42	0.97	0.67	-0.67	-0.58	0.93	-0.85	-0.95	-0.82	0.32	-0.81	-0.8	1.0	-0.83	0.39	-0.94		-0.86	1.0	0.56	-0.79
Property Plant Equipment	0.9	0.19	-0.05	-0.77	-0.75	0.85	0.2	-0.68	0.99	0.9	0.77	0.19	0.71	0.93	-0.86	0.77	-0.26	0.86	-0.86		-0.86	-0.74	0.93
Retained Earnings	-0.94	0.34	-0.42	0.97	0.66	-0.68	-0.59	0.92	-0.85	-0.95	-0.83	0.31	-0.83	-0.79	1.0	-0.84	0.36	-0.95	1.0	-0.86		0.55	-0.79
Short Term Investments	-0.61	-0.32	-0.04	0.44	0.98	-0.58	0.26	0.37	-0.68	-0.6	-0.54	-0.18	-0.4	-0.68	0.56	-0.55	0.16	-0.46	0.56	-0.74	0.55		-0.61
Capital Surpluse	0.91	0.2	-0.2	-0.76	-0.61	0.87	0.2	-0.63	0.95	0.9	0.76	0.31	0.66	0.98	-0.79	0.76	-0.31	0.84	-0.79	0.93	-0.79	-0.61

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About Hagerty Financial Statements

Hagerty investors use historical fundamental indicators, such as Hagerty's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Hagerty. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	574.2 M	423.7 M
Gross Profit Margin	0.57	0.47

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Additional Tools for Hagerty Stock Analysis

When running Hagerty's price analysis, check to measure Hagerty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hagerty is operating at the current time. Most of Hagerty's value examination focuses on studying past and present price action to predict the probability of Hagerty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hagerty's price. Additionally, you may evaluate how the addition of Hagerty to your portfolios can decrease your overall portfolio volatility.

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