Company / Working Capital
Hagerty, Inc. Working Capital History
FY2020-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$57.0M
FY2024
5-year range
-$57.0M / $407.9M
FY2020-FY2024
Trend
-114.0%
vs FY2023
Sector context
#68 of 76
Financials
What the data says
Hagerty, Inc.'s working capital of -$57M is lower than 89% of companies in the Financials sector (FY2024). Working Capital has fluctuated over the past 5 years, ranging from -$57M in FY2024 to $408M in FY2023.
Based on SEC 10-K filings.
-$57M in FY2024.
Declined from $269M to -$57M over the past 2 years.
Financials sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 11% in FinancialsTop 89% of 76This company -$57.0M Sector average $1.3B
▼
-104.4% below sector average
Key checks
Key Insights
- In FY2024, working capital decreased 114.0% year-over-year.
- Ranks #68 out of 76 companies in the Financials sector.
- Peak working capital was recorded in FY2023.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | -$57.0M | -114.0% |
| FY2023 | $407.9M | +51.4% |
| FY2022 | $269.4M | -32.6% |
| FY2021 | $399.5M | +210.6% |
| FY2020 | $128.6M | - |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026