Hagerty Historical Income Statement

HGTY Stock  USD 11.13  0.08  0.71%   
Historical analysis of Hagerty income statement accounts such as Interest Expense of 24 M or Selling General Administrative of 237.8 M can show how well Hagerty performed in making a profits. Evaluating Hagerty income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hagerty's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Hagerty latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hagerty is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hagerty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Hagerty Stock please use our How to Invest in Hagerty guide.

About Hagerty Income Statement Analysis

Hagerty Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Hagerty shareholders. The income statement also shows Hagerty investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Hagerty Income Statement Chart

At this time, Hagerty's Net Interest Income is fairly stable compared to the past year.

Total Revenue

Total revenue comprises all receipts Hagerty generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Operating Income

Operating Income is the amount of profit realized from Hagerty operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hagerty is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Hagerty financial statement analysis. It represents the amount of money remaining after all of Hagerty operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Hagerty's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hagerty current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hagerty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Hagerty Stock please use our How to Invest in Hagerty guide.At this time, Hagerty's Net Interest Income is fairly stable compared to the past year.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization22.1M33.9M45.8M23.9M
Tax Provision6.8M7.0M14.9M7.5M

Hagerty income statement Correlations

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0.930.990.990.991.00.91-0.06-0.520.190.620.40.990.250.04-0.090.86-0.550.890.720.86
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0.280.280.180.280.310.240.250.780.520.850.840.980.270.550.920.44-0.630.610.690.59
-0.160.140.010.10.090.290.040.830.670.820.640.550.140.550.68-0.140.010.270.130.36
-0.07-0.04-0.15-0.05-0.02-0.04-0.090.90.80.880.680.86-0.050.920.680.07-0.320.320.370.29
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-0.56-0.54-0.53-0.57-0.56-0.5-0.55-0.080.27-0.28-0.64-0.68-0.54-0.630.01-0.32-0.84-0.65-0.94-0.77
0.850.920.840.890.920.840.890.25-0.190.470.790.70.910.610.270.320.82-0.650.850.88
0.720.740.670.730.740.680.720.16-0.250.380.750.750.730.690.130.370.89-0.940.850.88
0.750.880.850.890.880.870.860.28-0.220.520.880.710.880.590.360.290.85-0.770.880.88
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Hagerty Account Relationship Matchups

Hagerty income statement Accounts

201920202021202220232024 (projected)
Tax Provision7.3M4.8M6.8M7.0M14.9M7.5M
Depreciation And Amortization9.0M11.8M22.1M33.9M45.8M23.9M
Interest Expense608.0K859.5K2.0M2.0M22.8M24.0M
Selling General Administrative153.3M188.7M236.5M288.6M302.3M237.8M
Selling And Marketing Expenses84.2M86.2M107.5M140.8M156.4M118.3M
Total Revenue397.3M499.5M576.5M829.5M1.0B663.0M
Gross Profit218.6M271.0M404.6M540.9M574.2M423.7M
Other Operating Expenses385.8M484.7M631.1M818.4M989.8M660.5M
Operating Income10.8M15.8M(91.3M)41.1M10.4M10.9M
Net Income From Continuing Ops4.2M10.0M(61.4M)4.1M(13.1M)(12.4M)
Ebit10.8M15.8M(54.6M)41.1M23.2M24.4M
Ebitda19.8M27.6M(32.5M)75.0M69.0M72.5M
Total Operating Expenses386.4M483.7M(667.8M)566.5M1.0B1.1B
Reconciled Depreciation9.0M11.8M22.1M33.9M44.4M23.6M
Income Before Tax11.5M14.9M(54.6M)11.1M44.8M47.0M
Total Other Income Expense Net608.0K(987K)(44.5M)77.0M34.4M17.8M
Net Income Applicable To Common Shares4.2M10.2M(46.4M)32.1M28.9M30.3M
Net Income4.2M10.2M(61.4M)4.1M20.2M21.2M
Income Tax Expense7.3M4.8M6.8M7.0M16.6M17.4M

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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.