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HAGERTY, INC. (HGTY) Debt / Equity

Hagerty, Inc. Debt/Equity Ratio

The debt/equity ratio shows how much a company has borrowed for every dollar its shareholders have put in. It is long-term debt, both the part due within a year and the rest, divided by shareholder equity, shown as a multiple with both amounts in the table. A higher ratio means the company relies more on borrowed money than on shareholder capital. Because equity shrinks through buybacks or losses, the ratio can rise even when debt is unchanged, and it has no meaning when equity is negative. Quarterly points use quarter-end balances; annual points use fiscal-year-end balances.

  • Hagerty, Inc. debt/equity ratio for the quarter ending 2025-09-30 was 0.84, a 0.11% decline year-over-year.
  • Hagerty, Inc. debt/equity ratio for the quarter ending 2024-12-31 was 0.71, a 51.08% decline year-over-year.
  • Hagerty, Inc. debt/equity ratio for the quarter ending 2024-09-30 was 0.84.
  • Hagerty, Inc. debt/equity ratio for the quarter ending 2024-06-30 was 1.05, a 12.38% decline year-over-year.
  • Hagerty, Inc. debt/equity ratio for fiscal 2024 was 0.2, a 37.80% decline from fiscal 2023.
  • Hagerty, Inc. debt/equity ratio for fiscal 2023 was 0.33, a 11.02% increase from fiscal 2022.
  • Hagerty, Inc. debt/equity ratio for fiscal 2022 was 0.29, a change of 0.72 from fiscal 2021.
  • Hagerty, Inc. debt/equity ratio for fiscal 2021 was -0.42, a 170.94% decline from fiscal 2020.
Available history
2020-12-31 to 2025-09-30
Data captured

Historical Debt/Equity Ratio

DateDebt/Equity RatioLong-term debtShareholder equity
2025-09-300.84$177.5M$211.65M
2024-12-310.71$106.55M$150.32M
2024-09-300.84$124.49M$148.27M
2024-06-301.05$99.23M$94.44M
2024-03-311.04$97.14M$93.53M
2023-12-311.45$134.33M$92.7M
2023-06-301.2$80.84M$67.42M
2023-03-311.43$89.03M$62.11M
2022-12-311.83$108.28M$59.25M
2022-09-301.37$136M$99.11M
2022-06-301.21$87M$72.11M
2022-03-311.59$117.5M$73.97M
2021-12-31-0.42$136.5M-$323.78M
2020-12-31-47,619.05$70M-$1,470.00

Annual Debt/Equity Ratio

DateDebt/Equity RatioLong-term debtShareholder equity
2024-12-310.2$106.55M$523.51M
2023-12-310.33$134.33M$410.51M
2022-12-310.29$108.28M$367.37M
2021-12-31-0.42$136.5M-$322.48M
2020-12-310.6$70M$117.32M