ESNT · Essent Group Ltd. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.26B | $1.24B | $1.11B | $1.00B | $1.03B | $955.15M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $5.23M | $5.78M | $4.53M | $3.02M | $3.38M | $3.33M |
| Operating Income | $821.86M | $855.49M | $823.00M | $988.19M | $490.10M | $490.10M |
| Interest Expense | $32.70M | $35.32M | $30.14M | $15.61M | $8.28M | $9.07M |
| Income Tax | $131.89M | $126.09M | $126.61M | $156.83M | $140.53M | $77.06M |
| Net Income | $689.97M | $729.40M | $696.39M | $831.35M | $681.78M | $413.04M |
| EPS - Basic | $6.97 | $6.92 | $6.56 | $7.75 | $6.13 | $3.89 |
| EPS - Diluted | $6.90 | $6.85 | $6.50 | $7.72 | $6.11 | $3.88 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $123.05M | $131.48M | $141.79M | $81.24M | $81.49M | $102.83M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $7.44B | $7.11B | $6.43B | $5.72B | $5.72B | $5.20B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $1.68B | $1.51B | $1.32B | $1.26B | $1.49B | $1.34B |
| Stockholders' Equity | $5.76B | $5.60B | $5.10B | $4.46B | $4.24B | $3.86B |
| Retained Earnings | $5.26B | $4.69B | $4.08B | $3.49B | $2.75B | $2.15B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $856.05M | $861.53M | $763.00M | $588.82M | $709.26M | $727.93M |
| Investing Cash Flow | ($154.74M) | ($706.93M) | ($525.57M) | ($398.87M) | ($583.17M) | ($1.15B) |
| Financing Cash Flow | ($709.75M) | ($164.91M) | ($176.88M) | ($190.20M) | ($147.43M) | $457.97M |
| CapEx | $7.36M | $6.77M | $4.00M | $3.98M | $2.50M | $2.45M |
| Free Cash Flow | $848.69M | $854.77M | $759.00M | $584.84M | $706.76M | $725.49M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 65.2% | 68.8% | 74.2% | 98.7% | 47.7% | 51.3% |
| EBITDA margin | 65.6% | 69.3% | 74.6% | 99.0% | 48.0% | 51.7% |
| Net margin | 54.7% | 58.7% | 62.8% | 83.1% | 66.3% | 43.2% |
| Free cash flow margin | 67.3% | 68.8% | 68.4% | 58.4% | 68.7% | 76.0% |
| FCF / Net income | 1.23 | 1.17 | 1.09 | 0.70 | 1.04 | 1.76 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 16.0% | 14.7% | 15.4% | 15.9% | 17.1% | 15.7% |
| Return on assets | 9.3% | 10.3% | 10.8% | 14.5% | 11.9% | 7.9% |
| Return on equity | 12.0% | 13.0% | 13.6% | 18.6% | 16.1% | 10.7% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 25.1x | 24.2x | 27.3x | 63.3x | 59.2x | 54.0x |
| Equity multiplier | 1.29 | 1.27 | 1.26 | 1.28 | 1.35 | 1.35 |
| Liabilities / Assets | 0.23 | 0.21 | 0.21 | 0.22 | 0.26 | 0.26 |
| Efficiency | ||||||
| Asset turnover | 0.17 | 0.17 | 0.17 | 0.17 | 0.18 | 0.18 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 9.4x | 7.9x | 8.1x | 5.0x | 7.5x | 11.1x |
| P / B | 1.1x | 1.0x | 1.1x | 0.9x | 1.2x | 1.2x |
| P / S | 5.2x | 4.7x | 5.1x | 4.2x | 4.9x | 4.8x |
| EV / EBITDA | 7.7x | 6.6x | 6.7x | 4.1x | 10.1x | 9.1x |
| Growth | ||||||
| Revenue growth (YoY) | 1.5% | 12.0% | 10.9% | -2.7% | 7.7% | 10.1% |
| Revenue CAGR (3y) | 8.0% | 6.5% | 5.1% | 4.9% | 12.7% | 18.3% |
| Revenue CAGR (5y) | 5.7% | 7.5% | 9.1% | 11.7% | 17.5% | 22.0% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -3.9% | 3.9% | -16.7% | 101.6% | 0.0% | -25.6% |
| Net income growth (YoY) | -5.4% | 4.7% | -16.2% | 21.9% | 65.1% | -25.7% |
| EPS growth (YoY) | 0.7% | 5.4% | -15.8% | 26.4% | 57.5% | -31.4% |
| EPS CAGR (3y) | -3.7% | 3.9% | 18.8% | 10.9% | 8.6% | -0.9% |
| EPS CAGR (5y) | 12.2% | 3.9% | 6.4% | 14.1% | 20.4% | 17.7% |
| FCF growth (YoY) | -0.7% | 12.6% | 29.8% | -17.3% | -2.6% | 23.7% |
| FCF CAGR (5y) | 3.2% | 7.8% | 4.1% | 9.8% | 21.2% | 44.8% |
| Book value growth (YoY) | 2.7% | 9.8% | 14.3% | 5.3% | 9.7% | 29.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.14B totalMortgage Insurance Segment$1.05B · 92.2%
Reinsurance$89.59M · 7.8%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Surety Insurance
Comparing Essent Group Ltd. against the 5 most active filers in the same SIC group.
Dividends
$0.70/share trailing 12 months · -40.7% YoY
| Ex-date | Per share |
|---|---|
| Jun 1, 2026 | $0.3500 |
| Mar 13, 2026 | $0.3500 |
| May 30, 2025 | $0.3100 |
| Mar 14, 2025 | $0.3100 |
| Dec 2, 2024 | $0.2800 |
| Aug 30, 2024 | $0.2800 |
| May 31, 2024 | $0.2800 |
| Mar 12, 2024 | $0.2800 |
| Nov 30, 2023 | $0.2500 |
| Aug 31, 2023 | $0.2500 |
| May 31, 2023 | $0.2500 |
| Mar 9, 2023 | $0.2500 |
| Nov 30, 2022 | $0.2300 |
| Aug 31, 2022 | $0.2200 |
| May 31, 2022 | $0.2100 |
| Mar 9, 2022 | $0.2000 |
| Nov 30, 2021 | $0.1900 |
| Aug 31, 2021 | $0.1800 |
| May 28, 2021 | $0.1700 |
| Mar 9, 2021 | $0.1600 |
| Nov 30, 2020 | $0.1600 |
| Aug 28, 2020 | $0.1600 |
| Jun 1, 2020 | $0.1600 |
| Mar 9, 2020 | $0.1600 |