Company / Operating Margin
Hagerty, Inc. Operating Margin History
FY2020-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
5.3%
FY2024
5-year range
-8.6% / 5.3%
FY2020-FY2024
Trend
+429.7%
vs FY2023
Sector context
#82 of 105
Financials
What the data says
Operating Margin changed +430% YoY in FY2024, a notable deviation from the 4-year average annual change of +43%.
Based on SEC 10-K filings.
5.3% in FY2024 with a 3-year CAGR of +2.2%.
Improved from -8.6% to 5.3% over the past 2 years.
Financials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +2.2pp
- 5-Year Change
- -
- 10-Year Change
- -
Sector benchmark
Bottom 22% in FinancialsTop 78% of 105This company 5.3% Sector average -49.0%
▼
+110.9% above sector average
Key checks
Key Insights
- In FY2024, operating margin increased 429.7% year-over-year.
- Currently 54.3pp above the Financials sector average.
- Lowest operating margin in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.58 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 61.0%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 5.3% | +429.7% |
| FY2023 | 1.0% | +111.8% |
| FY2022 | -8.6% | -370.7% |
| FY2021 | 3.2% | -0.1% |
| FY2020 | 3.2% | - |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026