Hagerty Pretax Profit Margin from 2010 to 2024

HGTY Stock  USD 11.04  0.09  0.81%   
Hagerty Pretax Profit Margin yearly trend continues to be fairly stable with very little volatility. Pretax Profit Margin is likely to outpace its year average in 2024. During the period from 2010 to 2024, Hagerty Pretax Profit Margin regression line of annual values had significance of  0.55 and arithmetic mean of  0.02. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.04425178
Current Value
0.0465
Quarterly Volatility
0.0330307
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Hagerty over the last few years. It is Hagerty's Pretax Profit Margin 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.
Pretax Profit Margin10 Years Trend
Pretty Stable
   Pretax Profit Margin   
       Timeline  

Hagerty Pretax Profit Margin Regression Statistics

Arithmetic Mean0.02
Coefficient Of Variation152.72
Mean Deviation0.02
Median0.03
Standard Deviation0.03
Sample Variance0
Range0.1412
R-Value(0.17)
Mean Square Error0
R-Squared0.03
Significance0.55
Slope(0)
Total Sum of Squares0.02

Hagerty Pretax Profit Margin History

2024 0.0465
2023 0.0443
2022 0.0134
2021 -0.0947
2020 0.0297
2019 0.0288

About Hagerty Financial Statements

Hagerty investors use historical fundamental indicators, such as Hagerty's Pretax Profit Margin, 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 ReportedProjected for Next Year
Pretax Profit Margin 0.04  0.05 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.