Essent Group Ltd. logo ESNT - Essent Group Ltd.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 11
HOLD 7
SELL 1
STRONG
SELL
0
| PRICE TARGET: $68.75 DETAILS
HIGH: $75.00
LOW: $62.00
MEDIAN: $69.00
CONSENSUS: $68.75
UPSIDE: 13.67%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue
Revenue 1,260.9 1,267.2 1,131.1 1,018.3 1,028.5 955.2 867.6 719.4 576.5 458.3 353.3 239.5 131.4 48.7 14.4 6.3
Cost of Revenue 149.3 81.2 31.5 (174.7) 31.1 301.3 33.0 11.6 27.2 0 0 6.3 2.3 0 0 0
Gross Profit 1,111.6 1,185.9 1,099.5 1,193.0 997.5 653.9 834.6 707.8 549.3 458.3 353.3 233.2 129.1 48.7 14.4 6.3
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 136.4 114.9 100.3 101.3 93.1 93.7 90.1 91.0 84.0 72.2 64.3 47.0 31.6 24.0 17.3
Other Expenses 289.7 194.0 161.6 104.6 73.8 70.7 81.9 71.0 59.7 62.3 52.7 32.9 24.1 31.0 24.8 16.6
Operating Expenses 289.7 330.4 276.5 204.9 175.1 163.8 175.5 161.1 150.7 146.4 124.9 97.2 71.1 62.6 48.8 33.9
Operating Income
Operating Income 821.9 855.5 823.0 988.2 822.3 490.1 659.1 546.7 398.6 311.9 228.4 135.9 58.0 (13.9) (34.5) (27.6)
Interest Expense 32.7 35.3 30.1 15.6 8.3 9.1 10.2 10.2 5.2 0.4 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 859.8 896.6 857.7 1,006.8 834.0 502.5 673.0 560.3 407.7 316.4 231.6 138.4 60.3 0 0 0
EBIT 854.6 890.8 853.1 1,003.8 830.6 499.2 669.2 556.9 403.7 312.3 228.4 135.9 58.0 (15.2) (13.6) (6.6)
Income Before Tax 821.9 855.5 823.0 988.2 822.3 490.1 659.1 546.7 398.6 311.9 228.4 135.9 58.0 (13.9) (34.5) (27.6)
Income Tax Expense 131.9 126.1 126.6 156.8 140.5 77.1 103.3 79.3 18.8 89.3 71.1 47.4 (7.4) (0.3) (0.9) (0.1)
Net Income 690.0 729.4 696.4 831.4 681.8 413.0 555.7 467.4 379.7 222.6 157.3 88.5 65.4 (13.5) (33.6) (27.6)
Per Share Data
EPS (Basic) 6.97 6.92 6.56 7.75 6.13 3.89 5.68 4.80 4.07 2.45 1.74 1.05 0.90 -0.35 -0.87 -0.72
EPS (Diluted) 6.90 6.85 6.50 7.72 6.11 3.88 5.66 4.77 3.99 2.41 1.72 1.03 0.70 -0.35 -0.87 -0.72
Shares Outstanding 99.0 105.4 106.2 107.2 111.2 106.1 97.8 97.4 93.3 90.9 90.4 84.0 14.0 38.4 38.4 38.4
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 123.0 131.5 141.8 81.2 81.5 102.8 71.3 64.9 43.5 27.5
Short-Term Investments 6,104.1 5,876.7 0 252.0 4,962.9 4,565.4 3,350.7 2,760.1 2,305.1 0
Net Receivables 98.6 55.6 63.3 57.4 46.2 50.1 40.7 36.9 29.8 21.6
Inventory 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 (6,553.4) 0 0 0 0 0 (2,760.1) (2,305.1) (1,615.1)
Total Current Assets 6,839.2 0 205.1 390.7 5,090.5 4,718.3 3,462.8 101.8 73.3 49.2
Non-Current Assets
Property, Plant & Equipment 49.2 41.9 41.3 19.6 11.9 15.1 17.3 7.6 7.0 8.1
Goodwill 0 0 0 0 0 0 0 0 0 0
Intangible Assets 87.7 0 72.8 13.9 15.1 19.9 18.3 19.3 17.6 16.3
Long-Term Investments 382.5 5,876.7 277.2 (4,483.7) 4,962.9 (4,476.5) (3,271.9) (2,729.1) (2,304.6) 1,615.1
Other Non-Current Assets 82.4 (5,998.1) 3,641.3 4,378.0 (44.2) 9,041.8 6,574.9 5,562.6 4,539.7 18.7
Total Non-Current Assets 601.8 0 4,032.7 19.6 4,974.8 4,580.5 3,368.1 2,893.7 2,288.4 1,701.5
Total Assets 7,441.0 7,111.6 6,426.7 5,723.8 5,722.2 5,202.7 3,873.4 3,150.0 2,674.4 1,883.0
Current Liabilities
Account Payables 0 0 0 0 0 0 0 0 0 0
Short-Term Debt 0 0 0 0 0 0 0 0 248.6 100
Deferred Revenue 91.7 0 0 0 0 0 0 0 0 0
Other Current Liabilities 912.2 (176.8) 361.2 329.0 328.1 233.8 597.9 517.6 (32.6) 305.3
Total Current Liabilities 1,189.0 0 500.3 418.5 419.8 321.7 664.3 560.6 252.2 439.2
Non-Current Liabilities
Long-Term Debt 495.3 494.0 421.9 420.9 419.8 321.7 224.2 223.7 248.6 100
Deferred Tax Liabilities 465.4 392.4 0 356.8 373.7 305.1 0 0 127.6 0
Other Non-Current Liabilities (465.4) (886.4) 431.6 65.4 (373.7) 732.3 0 0 357.7 0
Total Non-Current Liabilities 495.3 0 853.5 843.0 419.8 626.8 224.2 223.7 733.9 100
Total Liabilities 1,684.3 1,508.0 1,324.1 1,261.5 1,486.1 1,340.1 888.6 784.3 733.9 539.2
Stockholders' Equity
Common Stock 1.4 1.6 1.6 1.6 1.6 1.7 1.5 1.5 1.5 1.4
Retained Earnings 5,257.4 4,691.1 4,081.6 3,493.1 2,754.8 2,151.5 1,808.5 1,282.4 815.1 436.3
Accumulated Other Comprehensive Income (152.0) (304.0) (280.5) (382.8) 50.7 138.3 56.2 (29.0) (3.3) (12.3)
Total Stockholders' Equity 5,756.7 5,603.7 5,102.6 4,462.3 4,236.1 3,862.6 2,984.8 2,365.7 1,940.4 1,343.8
Total Liabilities & Equity 7,441.0 7,111.6 6,426.7 5,723.8 5,722.2 5,202.7 3,873.4 3,150.0 2,674.4 1,883.0
Debt Metrics
Total Debt 495.3 494.0 421.9 420.9 419.8 321.7 224.2 223.7 248.6 100
Net Debt 372.3 362.5 280.1 339.6 338.3 218.9 152.9 158.7 205.1 72.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 690.0 729.4 696.4 831.4 681.8 413.0 555.7 467.4 379.7 222.6
Depreciation & Amortization 5.2 5.8 4.5 3.0 3.4 3.3 3.8 3.4 3.9 4.1
Stock-Based Compensation 0 24.8 18.4 18.4 20.8 18.5 16.6 15.1 18.7 16.9
Change in Working Capital 80.9 40.3 16.2 (339.1) (83.4) 232.3 (59.1) 75.8 (24.4) (35.1)
Other Non-Cash Items 79.9 29.0 40.7 16.9 2.7 22.2 13.4 13.0 10.0 7.5
Operating Cash Flow 856.1 861.5 763.0 588.8 709.3 727.9 589.8 625.3 368.6 273.5
Investing Activities
Capital Expenditure (7.4) (6.8) (4.0) (4.0) (2.5) (2.4) (3.4) (4.1) (2.8) (3.2)
Acquisitions 0 (33.1) (86.8) (72.9) 0 0 (47.5) (30.5) 178.3 44.4
Purchases of Investments (1,120.4) (1,648.4) (1,116.1) (1,378.2) (2,338.1) (2,003.6) (1,205.9) (1,126.0) (1,013.6) (703.1)
Sales/Maturities of Investments 931.3 991.4 1,371.8 1,056.2 1,757.4 851.6 711.8 613.7 326.3 341.0
Other Investing Activities 41.8 (10) (690.5) 0 0 0 0 0 (178.3) (44.4)
Investing Cash Flow (154.7) (706.9) (525.6) (398.9) (583.2) (1,154.4) (545.1) (546.9) (690.1) (365.3)
Financing Activities
Net Debt Issuance 0 73.2 0 0 100 100 0 (25) 150 100
Stock Repurchased (587.7) (111.5) (70.7) (97.9) (163.9) (6.4) (9.0) (31.4) (7.6) (4.0)
Dividends Paid (122.1) (118.0) (106.2) (92.1) (77.7) (69.4) (29.3) 0 0 0
Other Financing Activities 0 (8.5) 0 (0.2) (5.8) (6.2) (0.0) (0.6) (2.7) (1.2)
Financing Cash Flow (709.7) (164.9) (176.9) (190.2) (147.4) 458.0 (38.4) (57.0) 337.6 94.8
Cash Position
Net Change in Cash (8.4) (10.3) 60.5 (0.3) (21.3) 31.5 6.4 21.4 16.0 2.9
Cash at Beginning 131.5 141.8 81.2 81.5 102.8 71.3 64.9 43.5 27.5 24.6
Cash at End 123.0 131.5 141.8 81.2 81.5 102.8 71.3 64.9 43.5 27.5
Free Cash Flow 848.7 854.8 759.0 584.8 706.8 725.5 586.4 621.3 365.8 270.3
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Income Statement
Revenue 1,260.9 1,267.2 1,131.1 1,018.3 1,028.5 955.2 867.6 719.4 576.5 458.3 353.3 239.5 131.4 48.7 14.4 6.3
Gross Profit 1,111.6 1,185.9 1,099.5 1,193.0 997.5 653.9 834.6 707.8 549.3 458.3 353.3 233.2 129.1 48.7 14.4 6.3
Operating Income 821.9 855.5 823.0 988.2 822.3 490.1 659.1 546.7 398.6 311.9 228.4 135.9 58.0 (13.9) (34.5) (27.6)
Net Income 690.0 729.4 696.4 831.4 681.8 413.0 555.7 467.4 379.7 222.6 157.3 88.5 65.4 (13.5) (33.6) (27.6)
EPS (Diluted) 6.90 6.85 6.50 7.72 6.11 3.88 5.66 4.77 3.99 2.41 1.72 1.03 0.70 -0.35 -0.87 -0.72
Balance Sheet
Cash & Equivalents 123.0 131.5 141.8 81.2 81.5 102.8 71.3 64.9 43.5 27.5
Total Assets 7,441.0 7,111.6 6,426.7 5,723.8 5,722.2 5,202.7 3,873.4 3,150.0 2,674.4 1,883.0
Total Debt 495.3 494.0 421.9 420.9 419.8 321.7 224.2 223.7 248.6 100
Stockholders' Equity 5,756.7 5,603.7 5,102.6 4,462.3 4,236.1 3,862.6 2,984.8 2,365.7 1,940.4 1,343.8
Cash Flow
Operating Cash Flow 856.1 861.5 763.0 588.8 709.3 727.9 589.8 625.3 368.6 273.5
Capital Expenditure (7.4) (6.8) (4.0) (4.0) (2.5) (2.4) (3.4) (4.1) (2.8) (3.2)
Free Cash Flow 848.7 854.8 759.0 584.8 706.8 725.5 586.4 621.3 365.8 270.3