Is Hagerty, Inc. (HGTY) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| DJIM | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| MSCI | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| S&P | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| FTSE | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 62.3% | |
| Operating Margin | 18.6% | |
| Net Margin | 2.8% | |
| Return on Equity (ROE) | 20.9% | |
| Return on Assets (ROA) | 5.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $219M |
| Free Cash Flow | $194M |
| Total Debt | $178M |
| Debt-to-Equity | 23.8 |
| Current Ratio | 1.4 |
| Total Assets | $2.1B |
Price & Trading
| Last Close | $10.64 |
| 50-Day MA | $11.49 |
| 200-Day MA | $11.63 |
| Avg Volume | 144K |
| Beta | 0.9 |
|
52-Week Range
$8.03
| |
About Hagerty, Inc. (HGTY)
Hagerty, Inc. provides insurance services for collector cars and enthusiast vehicles in the United States, Canada, and the United Kingdom. It operates through Insurance and Marketplace segments. The company operates as a managing general agent that underwrites, sells, and services collector car and enthusiast vehicle insurance policies. It also provides Hagerty Drivers Club memberships, which are bundled with insurance policies and give subscribers access to an array of products and services, such as emergency roadside assistance, the Hagerty Drivers Club magazine, special access to automotive enthusiast events, a proprietary vehicle valuation tool, and special vehicle-related discounts; and reinsurance services. In addition, the company offers marketplace services comprising live auctions, online sale platforms, and brokered private sales services where automotive collectors and enthusiasts can buy, sell, and finance collector cars. The company was founded in 1984 and is headquartered in Traverse City, Michigan. Hagerty, Inc. is a subsidiary of Hagerty Holding Corp.
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Frequently Asked Questions
Is Hagerty, Inc. (HGTY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Hagerty, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Hagerty, Inc.'s debt ratio?
Hagerty, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Hagerty, Inc.'s key financial metrics?
Hagerty, Inc. has a market capitalization of $3.6B, trailing P/E ratio of 28.1, and revenue of $1.5B. The company maintains a gross margin of 62.3% and a net margin of 2.8%. Return on equity stands at 20.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.