Hagerty Return On Equity from 2010 to 2024

HGTY Stock  USD 11.09  0.04  0.36%   
Hagerty Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to 0.08 in 2024. Return On Equity is a measure of the profitability of Hagerty in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.11525009
Current Value
0.0798
Quarterly Volatility
0.04291508
 
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 Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Hagerty over the last few years. Return on Equity is the amount of Hagerty net income returned as a percentage of Hagerty equity. Return on equity measures Hagerty profitability by revealing how much profit Hagerty generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Hagerty's Return On Equity 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.
ViewLast Reported 0.1410 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Hagerty Return On Equity Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.05
Coefficient Of Variation69.90
Mean Deviation0.03
Median0.04
Standard Deviation0.04
Sample Variance0
Range0.1514
R-Value0.62
Mean Square Error0
R-Squared0.38
Significance0.01
Slope0.01
Total Sum of Squares0.03

Hagerty Return On Equity History

2024 0.0798
2023 0.12
2022 0.0688
2021 0.19
2020 0.0867

About Hagerty Financial Statements

Hagerty investors use historical fundamental indicators, such as Hagerty's Return On Equity, 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
Return On Equity 0.12  0.08 

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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.