$ESNT Market Cap: $5.981 Billion
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Financial Snapshot

Revenue
$927.9M
TTM
Gross Margin
Net Earnings
$561.5M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
$7.112B
Q4 2024
Total Liabilities
$1.508B
Q4 2024
Book Value
$5.604B
Q4 2024
Cash
$131.5M
Q4 2024
P/E
10.65
Nov 29, 2024 EST
Free Cash Flow
$628.8M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $1.243B $1.110B $1.001B $1.029B $955.2M $867.6M $719.4M $576.5M $458.3M $353.3M $239.5M $131.4M $48.70M $14.40M
YoY Change 12.0% 10.88% -2.69% 7.68% 10.1% 20.6% 24.78% 25.8% 29.71% 47.53% 82.24% 169.82% 238.19% 128.57%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $1.243B $1.110B $1.001B $1.029B $955.2M $867.6M $719.4M $576.5M $458.3M $353.3M $239.5M $131.4M $48.70M $14.40M
Cost Of Revenue $15.53M $11.91M $6.308M $2.321M
Gross Profit $442.7M $341.4M $233.2M $129.1M
Gross Profit Margin 96.61% 96.63% 97.37% 98.23%

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $114.9M $100.3M $101.3M $93.10M $93.70M $90.10M $91.00M $84.00M $72.20M $64.30M $47.00M
YoY Change 14.55% -1.02% 8.85% -0.64% 4.0% -0.99% 8.33% 16.34% 12.29% 36.81%
% of Gross Profit 18.97% 21.15% 27.58% 36.41%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.783M $4.525M $3.024M $3.379M $3.328M $3.769M $3.404M $3.923M $4.064M $3.219M $2.464M $2.252M $15.20M $13.60M
YoY Change 27.8% 49.64% -10.51% 1.53% -11.7% 10.72% -13.23% -3.47% 26.25% 30.64% 9.41% -85.18% 11.76% 106.06%
% of Gross Profit 0.92% 0.94% 1.06% 1.74%
Operating Expenses $256.6M -$2.971M $197.9M $456.0M $198.4M $162.5M $172.8M $146.4M $124.9M $103.5M $73.40M $62.60M $48.80M
YoY Change -8737.6% -101.5% -56.6% 129.84% 22.09% -5.96% 18.03% 17.21% 20.68% 41.01% 17.25% 28.28% 43.95%
Operating Profit $296.3M $216.5M $129.7M $55.68M
YoY Change 36.88% 66.96% 132.86%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense -$30.14M $15.61M $8.282M $9.074M $10.15M $10.18M $5.178M $426.0K $0.00
YoY Change -293.09% 88.46% -8.73% -10.61% -0.28% 96.58% 1115.49%
% of Operating Profit 0.14% 0.0%
Other Income/Expense, Net
YoY Change

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 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income $855.5M $823.0M $988.2M $822.3M $490.1M $659.1M $546.7M $398.6M $311.9M $228.4M $135.9M $58.03M -$13.90M -$34.50M
YoY Change 3.95% -16.72% 20.17% 67.79% -25.64% 20.55% 37.17% 27.79% 36.55% 68.03% 134.25% -517.46% -59.71% 25.0%
Income Tax $126.1M $126.6M $156.8M $140.5M $77.06M $103.3M $79.34M $18.82M $89.28M $71.07M $47.43M -$7.386M -$300.0K -$900.0K
% Of Pretax Income 14.74% 15.38% 15.87% 17.09% 15.72% 15.68% 14.51% 4.72% 28.62% 31.12% 34.89% -12.73%
Net Earnings $729.4M $696.4M $831.4M $681.8M $413.0M $555.7M $467.4M $379.7M $222.6M $157.3M $88.50M $65.41M -$13.50M -$33.60M
YoY Change 4.74% -16.23% 21.94% 65.06% -25.67% 18.9% 23.07% 70.59% 41.49% 77.78% 35.29% -584.54% -59.82% 21.74%
Net Earnings / Revenue 58.69% 62.75% 83.07% 66.29% 43.24% 64.05% 64.97% 65.87% 48.58% 44.53% 36.96% 49.78% -27.72% -233.33%
Basic Earnings Per Share $6.92 $6.56 $7.75 $6.13 $3.89 $5.68 $4.80 $4.07 $2.45 $1.74 $1.05 $0.90
Diluted Earnings Per Share $6.85 $6.50 $7.72 $6.11 $3.88 $5.66 $4.77 $3.99 $2.41 $1.72 $1.03 $0.70 -$161.7K -$402.4K

Assets & Liabilities

Cash & Short-Term Investments

No data

Cash & Equivalents

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

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

No data

Short-Term Debt

Long Term Debt Due

No data

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 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $470.6M $418.5M $360.8M $302.6M $261.9M $202.4M $252.2M $181.3M $119.4M $59.70M $8.000M
YoY Change 12.47% 15.98% 19.24% 15.54% 29.4% -19.75% 39.11% 51.84% 100.0% 646.25%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $470.6M $418.5M $360.8M $302.6M $261.9M $202.4M $252.2M $181.3M $119.4M $59.70M $8.000M
YoY Change 12.47% 15.98% 19.24% 15.54% 29.4% -19.75% 39.11% 51.84% 100.0% 646.25%
Property, Plant & Equipment $41.30M $19.57M $11.92M $15.10M $17.30M $7.600M $7.000M $8.100M $9.000M $5.800M $4.400M $3.600M $15.70M
YoY Change 111.05% 64.17% -21.05% -12.72% 127.63% 8.57% -13.58% -10.0% 55.17% 31.82% 22.22% -77.07%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.541B $5.000B $5.133B $4.654B $3.430B $2.791B $2.306B $1.615B $1.277B $1.058B $332.6M $247.4M $171.1M
YoY Change 10.83% -2.61% 10.29% 35.71% 22.88% 21.05% 42.75% 26.52% 20.71% 217.98% 34.44% 44.59%
Other Assets $0.00 $10.30M $0.00
YoY Change -100.0%
Total Long-Term Assets $5.956B $5.305B $5.361B $4.900B $3.612B $2.948B $2.422B $1.702B $1.350B $1.122B $846.0M
YoY Change 12.26% -1.05% 9.41% 35.68% 22.52% 21.69% 42.34% 26.08% 20.32% 32.6%
Total Assets $6.427B $5.724B $5.722B $5.203B $3.873B $3.150B $2.674B $1.883B $1.469B $1.182B $854.0M $283.3M $210.1M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $139.1M $104.5M $99.75M $87.90M $66.50M $41.00M $36.20M $33.90M $28.10M $23.30M $20.40M $12.30M $9.600M
YoY Change 33.13% 4.72% 13.48% 32.18% 62.2% 13.26% 6.78% 20.64% 20.6% 14.22% 65.85% 28.13%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $139.1M $104.5M $99.75M $87.90M $66.50M $41.00M $36.20M $33.90M $28.10M $23.30M $20.40M $12.30M $9.600M
YoY Change 33.13% 4.72% 13.48% 32.18% 62.2% 13.26% 6.78% 20.64% 20.6% 14.22% 65.85% 28.13%
Long-Term Debt $421.9M $420.9M $419.8M $321.7M $224.2M $223.7M $248.6M $100.0M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 0.25% 0.25% 30.5% 43.49% 0.22% -10.02% 148.6%
Other Long-Term Liabilities $2.000M $15.00M $15.00M $15.00M $0.00 $4.900M $9.800M $14.70M
YoY Change -86.67% 0.0% 0.0% -100.0% -50.0% -33.33%
Total Long-Term Liabilities $421.9M $420.9M $419.8M $321.7M $224.2M $225.7M $263.6M $115.0M $15.00M $0.00 $4.900M $9.800M $14.70M
YoY Change 0.25% 0.25% 30.5% 43.49% -0.66% -14.38% 129.22% 666.67% -100.0% -50.0% -33.33%
Total Liabilities $1.324B $1.261B $1.486B $1.340B $888.6M $784.3M $733.9M $539.2M $349.9M $225.7M $131.8M $64.20M $34.00M
YoY Change 4.97% -15.11% 10.89% 50.81% 13.3% 6.87% 36.11% 54.1% 55.03% 71.24% 105.3% 88.82%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Basic Shares Outstanding 105.4M shares 106.2M shares 107.2M shares 111.2M shares 106.1M shares 97.76M shares 97.40M shares 93.33M shares 90.91M shares 90.35M shares 83.99M shares 14.04M shares
Diluted Shares Outstanding 106.6M shares 107.1M shares 107.7M shares 111.6M shares 106.4M shares 98.23M shares 97.97M shares 95.21M shares 92.25M shares 91.74M shares 85.60M shares 18.10M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $5.9809 Billion

About Essent Group Ltd.

Essent Group Ltd. is a holding company, which engages in the provision of banking services. The Company, through its wholly owned subsidiaries, offers private mortgage insurance and reinsurance, and title insurance and settlement services to serve the housing finance industry. Through the subsidiary, CUW Solutions, LLC, it offers mortgage insurance and provides contract underwriting services on a limited basis. The company also offers mortgage-related insurance and reinsurance through its Bermuda-based subsidiary, Essent Reinsurance Ltd. The firm provides private capital to mitigate mortgage credit risk, allowing lenders to make additional mortgage financing available to prospective homeowners. Its products and services include Bermuda-Based Insurance and Reinsurance, Title Insurance and Settlement Services, Mortgage Insurance, and Contract Underwriting. The company offers two types of private mortgage insurance, namely primary and pool. Its subsidiaries include Essent Reinsurance Ltd. and Essent Irish Intermediate Holdings Ltd.

Industry: Surety Insurance Peers: