Goosehead Insurance Inc - Understand $gshd stock

$GSHD Market Cap: $3.296 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$276.6M

TTM

Gross Margin

Net Earnings

$18.57M

TTM

Current Assets

$52.70M

Q2 2024

Current Liabilities

$46.43M

Q2 2024

Current Ratio

113.5%

Q2 2024

Total Assets

$338.2M

Q2 2024

Total Liabilities

$357.9M

Q2 2024

Book Value

-$19.73M

Q2 2024

Cash

$23.64M

Q2 2024

P/E

177.6

Sep 13, 2024 EST

Free Cash Flow

$54.74M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$261.3M	$209.4M	$151.3M	$117.0M	$77.49M	$60.15M	$42.71M	$31.50M
YoY Change	24.78%	38.38%	29.31%	51.01%	28.83%	40.83%	35.59%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$261.3M	$209.4M	$151.3M	$117.0M	$77.49M	$60.15M	$42.71M	$31.50M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin	$219.1M	$192.4M	$137.8M	$93.90M	$61.50M	$72.60M	$34.20M	$25.90M
YoY Change	13.88%	39.64%	46.72%	52.68%	-15.29%	112.28%	32.05%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$9.469M	$7.109M	$5.117M	$3.570M	$2.145M	$2.522M	$876.0K	$490.0K
YoY Change	33.2%	38.93%	43.33%	66.43%	-14.95%	187.9%	78.78%
% of Gross Profit
Operating Expenses	$228.3M	$199.3M	$142.6M	$97.07M	$63.41M	$74.08M	$35.10M	$26.30M
YoY Change	14.58%	39.7%	46.94%	53.08%	-14.4%	111.05%	33.46%
Operating Profit	$32.96M	$10.13M	$8.673M	$19.94M	$14.07M	-$13.93M	$7.611M
YoY Change	225.39%	16.78%	-56.5%	41.69%	-201.03%	-283.02%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	$6.568M	$4.999M	$2.854M	$2.310M	$2.387M	$4.266M	$2.474M	-$400.0K
YoY Change	31.39%	75.16%	23.55%	-3.23%	-44.05%	72.43%	-718.5%
% of Operating Profit	19.93%	49.36%	32.91%	11.58%	16.96%		32.51%
Other Income/Expense, Net	$0.00	$0.00	$185.0K	$90.00K	$0.00	-$22.00K	$3.541M
YoY Change		-100.0%	105.56%		-100.0%	-100.62%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	$26.39M	$5.129M	$6.004M	$17.72M	$11.69M	-$18.22M	$8.678M	$4.700M
YoY Change	414.49%	-14.57%	-66.12%	51.63%	-164.15%	-309.93%	84.64%
Income Tax	$2.692M	$2.499M	-$2.292M	-$1.035M	$1.304M	$449.0K	$0.00
% Of Pretax Income	10.2%	48.72%	-38.17%	-5.84%	11.16%		0.0%
Net Earnings	$14.14M	$565.0K	$5.403M	$9.287M	$3.567M	-$8.903M	$0.00	$4.700M
YoY Change	2402.65%	-89.54%	-41.82%	160.36%	-140.07%		-100.0%
Net Earnings / Revenue	5.41%	0.27%	3.57%	7.94%	4.6%	-14.8%	0.0%	14.92%
Basic Earnings Per Share	$0.59	$0.03	$0.28	$0.55	$0.24	-$0.66
Diluted Earnings Per Share	$0.55	$0.03	$0.26	$0.51	$0.22	-$0.66	$644.4K	$134.3K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$41.96M	$28.74M	$28.53M	$24.90M	$14.30M	$18.60M	$4.900M	$3.800M
Short-Term Investments
Other Short-Term Assets	$7.889M	$4.334M	$4.785M	$3.700M	$2.000M	$1.100M	$500.0K	$300.0K
YoY Change	82.03%	-9.43%	29.32%	85.0%	81.82%	120.0%	66.67%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$7.889M	$4.334M	$4.785M	$3.700M	$2.000M	$1.100M	$500.0K	$300.0K
YoY Change	82.03%	-9.43%	29.32%	85.0%	81.82%	120.0%	66.67%
Property, Plant & Equipment	$68.72M	$79.43M	$57.59M	$39.20M	$9.500M	$7.600M	$6.800M	$1.400M
YoY Change	-13.48%	37.92%	46.91%	312.63%	25.0%	11.76%	385.71%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments							$0.00	$100.0K
YoY Change							-100.0%
Other Assets	$183.3M	$157.0M	$127.6M	$74.70M	$16.50M	$2.300M	$400.0K	$300.0K
YoY Change	16.78%	22.98%	70.86%	352.73%	617.39%	475.0%	33.33%
Total Long-Term Assets	$347.0M	$317.0M	$263.0M	$182.1M	$62.60M	$33.70M	$16.20M	$8.400M
YoY Change	9.46%	20.53%	44.43%	190.89%	85.76%	108.02%	92.86%
Total Assets	$354.9M	$321.4M	$267.8M	$185.8M	$64.60M	$34.80M	$16.70M	$8.700M
YoY Change
Accounts Payable	$16.40M	$15.96M	$10.50M	$8.100M	$5.000M	$4.000M	$2.800M	$1.400M
YoY Change	2.76%	51.95%	29.65%	62.0%	25.0%	42.86%	100.0%
Accrued Expenses	$66.28M	$71.57M	$52.23M	$36.10M
YoY Change	-7.4%	37.04%	44.68%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$9.375M	$6.875M	$4.375M	$3.500M	$4.000M	$2.500M	$500.0K	$300.0K
YoY Change	36.36%	57.14%	25.0%	-12.5%	60.0%	400.0%	66.67%
Total Short-Term Liabilities	$96.18M	$100.4M	$75.65M	$51.90M	$11.80M	$7.000M	$4.900M	$3.000M
YoY Change	-4.24%	32.76%	45.76%	339.83%	68.57%	42.86%	63.33%
Long-Term Debt	$67.56M	$86.71M	$118.4M	$79.40M	$42.20M	$45.90M	$48.20M	$29.10M
YoY Change	-22.08%	-26.74%	49.07%	88.15%	-8.06%	-4.77%	65.64%
Other Long-Term Liabilities	$172.3M	$166.2M	$143.5M	$91.50M	$40.70M	$6.700M	$4.400M	$600.0K
YoY Change	3.66%	15.8%	56.84%	124.82%	507.46%	52.27%	633.33%
Total Long-Term Liabilities	$239.8M	$252.9M	$261.9M	$170.9M	$82.90M	$52.60M	$52.60M	$29.70M
YoY Change	-5.16%	-3.43%	53.23%	106.15%	57.6%	0.0%	77.1%
Total Liabilities	$298.3M	$310.7M	$281.8M	$190.7M	$73.60M	-$47.80M	$57.80M	$32.90M
YoY Change	-3.97%	10.24%	47.78%	159.1%	-253.97%	-182.7%	75.68%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018
Basic Shares Outstanding	23.93M shares	21.00M shares	19.18M shares	16.79M shares	14.86M shares	13.55M shares
Diluted Shares Outstanding	38.36M shares	21.77M shares	20.81M shares	18.38M shares	16.10M shares	13.55M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $3.2965 Billion

About Goosehead Insurance Inc

Goosehead Insurance, Inc. is a holding company, which engages in the provision of independent personal lines of insurance. The company is headquartered in Westlake, Texas and currently employs 1,415 full-time employees. The company went IPO on 2018-04-27. The firm is engaged in distributing personal line policies throughout the United States. The company offers Digital Agent, an online quoting platform, that allows clients to shop their home and auto insurance rates with top carriers. The Digital Agent combines millions of data points, which includes its quoting data over hundreds of thousands of transactions to bring clients actual quotes specific to their needs. Clients can then bind these quotes through a short call with one of its local licensed agents with expertise in the client's specific market. The company distributes insurance policies in a range of primarily personal lines of business, including homeowner’s insurance, automotive, dwelling property insurance, flood, wind and earthquake insurance, excess liability or umbrella insurance, specialty lines insurance (motorcycle, recreational vehicle, and other insurance), commercial lines insurance and life insurance.

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