Goosehead Insurance, Inc logo GSHD - Goosehead Insurance, Inc

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 10
HOLD 7
SELL 1
STRONG
SELL 0
| PRICE TARGET: $67.14 DETAILS
HIGH: $93.00
LOW: $52.00
MEDIAN: $60.00
CONSENSUS: $67.14
UPSIDE: 61.08%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue
Revenue 365.3 314.5 261.3 209.4 151.3 117.0 77.5 60.1 42.7 31.5
Cost of Revenue 196.4 172.9 0 0 0 0 0 0 24.5 0
Gross Profit 168.9 141.6 261.3 209.4 151.3 117.0 77.5 60.1 18.2 31.5
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 81.4 67.1 214.7 186.2 134.8 92.4 60.8 71.3 33.1 25.2
Other Expenses 13.1 13.4 20.2 18.1 10.5 6.9 5.0 7.0 (64.7) 1.6
Operating Expenses 94.5 80.4 234.9 204.3 145.3 99.3 65.8 78.4 (31.6) 26.8
Operating Income
Operating Income 74.4 61.1 26.4 5.1 6.0 17.7 11.7 (18.2) 11.2 4.7
Interest Expense 23.8 7.3 6.6 5.0 2.9 2.3 2.4 4.3 2.5 0.4
Interest Income 0.7 0 1.4 1.4 1.2 0.8 0.6 0.4 0.2 0.1
Profitability
EBITDA 85.9 65.0 42.4 17.2 14.0 23.6 16.2 (11.4) 8.5 5.6
EBIT 74.6 54.0 33.0 10.1 8.9 20.0 14.1 (14.0) 11.2 5.1
Income Before Tax 50.8 46.7 26.4 5.1 6.0 17.7 11.7 (18.2) 8.7 4.7
Income Tax Expense 6.4 (2.4) 2.7 2.5 (2.3) (1.0) 1.3 0.4 17.9 0
Net Income 27.8 30.4 14.1 0.6 5.4 9.3 3.6 (8.9) 8.7 4.7
Per Share Data
EPS (Basic) 1.11 1.23 0.59 0.03 0.28 0.55 0.70 -0.66 0.71 0.39
EPS (Diluted) 1.04 1.16 0.37 0.03 0.26 0.51 0.64 -0.66 0.25 0.13
Shares Outstanding 25.0 24.7 23.9 21.0 19.2 16.8 14.9 13.6 12.3 12.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 34.4 58.0 44.0 30.4 30.5 26.2 15.3 19.0 5.4 4.1
Short-Term Investments 0 0 0 0 0 0 0 0 0 0
Net Receivables 50.7 45.9 31.9 43.2 44.2 38.9 20.5 4.8 1.8 2.7
Inventory 0 0 0 0 0 0 0 0 0 0
Other Current Assets 3.5 0 0 0 0 0 0 0 0 0
Total Current Assets 88.6 103.9 75.9 73.6 74.7 65.1 35.8 23.8 8.6 6.8
Non-Current Assets
Property, Plant & Equipment 55.6 61.5 68.7 79.4 57.6 39.2 9.5 7.6 6.8 1.4
Goodwill 0 0 0 0 0 0 0 0 0 0
Intangible Assets 39.7 25.1 17.3 4.5 2.8 0.5 0.4 0.2 0.2 0.0
Long-Term Investments 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 14.5 13.7 11.8 8.5 9.5 7.6 3.3 1.2 1.1 0.4
Total Non-Current Assets 326.2 293.8 279.0 247.8 195.6 120.7 28.9 11.0 8.1 1.9
Total Assets 414.9 397.7 354.9 321.4 270.3 185.8 64.6 34.8 16.7 8.7
Current Liabilities
Account Payables 33.6 0 0 0 0 0 0 0 0 0
Short-Term Debt 3.0 16.6 18.3 13.5 9.3 6.7 4 2.5 0.5 0.3
Deferred Revenue 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities (33.6) 0 0 0 0 0 0 0 0 0
Total Current Liabilities 11.7 16.6 18.3 13.5 9.3 6.7 4 2.5 0.5 0.3
Non-Current Liabilities
Long-Term Debt 289.5 82.3 67.6 86.7 118.4 79.4 42.2 45.9 48.2 29.1
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 209.1 186.7 167.8 143.3 115.9 71.0 26.7 11.0 8.1 2.8
Total Non-Current Liabilities 566.0 342.0 319.8 341.5 330.2 217.5 91.6 57.5 57.3 32.6
Total Liabilities 577.7 358.6 338.1 355.0 339.5 224.2 95.6 60.0 57.8 32.9
Stockholders' Equity
Common Stock 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 123.4 72.7
Retained Earnings (133.4) (15.4) (47.1) (60.6) (60.7) (34.6) (23.8) (6.6) (41.1) (24.2)
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 (25.2) (41.1) (24.2)
Total Stockholders' Equity (95.5) 43.9 56.6 10.7 (14.0) (4.9) (9.0) 82.6 (41.1) (24.2)
Total Liabilities & Equity 414.9 397.7 354.9 321.4 270.3 185.8 64.6 34.8 16.7 8.7
Debt Metrics
Total Debt 352.3 153.4 143.2 165.2 175.0 119.0 46.2 48.4 48.7 29.4
Net Debt 317.9 95.4 99.2 134.8 144.5 92.8 30.9 29.4 43.3 25.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 44.5 49.1 14.1 2.6 8.3 18.8 10.4 (18.7) 8.7 4.7
Depreciation & Amortization 11.3 11.0 9.5 7.1 5.1 3.6 2.1 2.5 0.9 0.5
Stock-Based Compensation 23.4 28.0 24.0 19.6 7.3 4.7 1.5 27.0 2.2 2.5
Change in Working Capital (4.4) (19.1) (15.1) (3.8) 10.2 (17.3) 6.2 (1.8) 2.9 (1.5)
Other Non-Cash Items 11.1 6.3 16.7 8.2 7.0 15.2 0.7 1.3 1.1 0.7
Operating Cash Flow 91.8 71.5 50.8 36.0 35.4 24.6 21.2 10.3 13.5 4.4
Investing Activities
Capital Expenditure (5.7) (1.0) (12.2) (12.6) (15.4) (10.4) (4.1) (2.2) (6.5) (0.7)
Acquisitions 0 0 (6.9) 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 (0.1) (0.0)
Sales/Maturities of Investments 0 0 0 0 0 0 0 0.0 0 0
Other Investing Activities (17.9) (11.4) (7.8) (2.4) 0.0 (0.4) 0.0 0.1 0.3 (0.0)
Investing Cash Flow (23.5) (12.4) (19.2) (12.6) (15.4) (10.3) (4.1) (2.2) (6.1) (0.7)
Financing Activities
Net Debt Issuance 204.7 15.6 (16.9) (29.4) 40.2 37 (2.5) (0.6) 19.6 28.6
Stock Repurchased (81.7) (63.2) 0 0 0 0 0 0 (25.5) (29.0)
Dividends Paid (145.8) 0 0 0 (60) (44.7) (18.7) (80.1) (25.5) 0
Other Financing Activities (65.4) (9.8) (10.9) (0.3) (0.7) (0.7) 0 (0.6) (0.3) (0.6)
Financing Cash Flow (88.2) (45.2) (17.9) (23.6) (15.8) (3.3) (20.9) 5.6 (6.2) (1.0)
Cash Position
Net Change in Cash (20.0) 13.9 13.7 (0.1) 4.2 11.0 (3.8) 13.7 1.2 2.7
Cash at Beginning 58.0 44.0 30.4 30.5 26.2 15.3 19.0 4.9 3.8 1.0
Cash at End 37.9 58.0 44.0 30.4 30.5 26.2 15.3 18.6 4.9 3.8
Free Cash Flow 86.1 70.6 38.6 23.4 20.0 14.3 17.1 8.0 7.1 3.7
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Income Statement
Revenue 365.3 314.5 261.3 209.4 151.3 117.0 77.5 60.1 42.7 31.5
Gross Profit 168.9 141.6 261.3 209.4 151.3 117.0 77.5 60.1 18.2 31.5
Operating Income 74.4 61.1 26.4 5.1 6.0 17.7 11.7 (18.2) 11.2 4.7
Net Income 27.8 30.4 14.1 0.6 5.4 9.3 3.6 (8.9) 8.7 4.7
EPS (Diluted) 1.04 1.16 0.37 0.03 0.26 0.51 0.64 -0.66 0.25 0.13
Balance Sheet
Cash & Equivalents 34.4 58.0 44.0 30.4 30.5 26.2 15.3 19.0 5.4 4.1
Total Assets 414.9 397.7 354.9 321.4 270.3 185.8 64.6 34.8 16.7 8.7
Total Debt 352.3 153.4 143.2 165.2 175.0 119.0 46.2 48.4 48.7 29.4
Stockholders' Equity (95.5) 43.9 56.6 10.7 (14.0) (4.9) (9.0) 82.6 (41.1) (24.2)
Cash Flow
Operating Cash Flow 91.8 71.5 50.8 36.0 35.4 24.6 21.2 10.3 13.5 4.4
Capital Expenditure (5.7) (1.0) (12.2) (12.6) (15.4) (10.4) (4.1) (2.2) (6.5) (0.7)
Free Cash Flow 86.1 70.6 38.6 23.4 20.0 14.3 17.1 8.0 7.1 3.7