KNSL - Kinsale Capital Group, Inc.
Price:
--
--
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$433.00
DETAILS
HIGH:
$433.00
LOW:
$433.00
MEDIAN:
$433.00
CONSENSUS:
$433.00
UPSIDE:
39.59%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Revenue | 1,874.0 | 1,587.5 | 1,224.4 | 838.8 | 653.5 | 459.9 | 315.9 | 222.1 | 186.8 | 141.6 | 80.6 | 63.7 | 48.5 |
| Cost of Revenue | 890.7 | 907.1 | 713.9 | 551.7 | 397.6 | 317.6 | 205.6 | 154.5 | 124.9 | 77.1 | 25.4 | 28.0 | 24.2 |
| Gross Profit | 983.3 | 680.4 | 510.5 | 287.1 | 255.9 | 142.3 | 110.3 | 67.6 | 61.9 | 64.5 | 55.2 | 35.6 | 24.3 |
| Operating Expenses | |||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Expenses | 349.0 | 165.7 | 126.5 | 91.6 | 67.1 | 41.9 | 34.2 | 27.2 | 23.4 | 25.0 | 21.6 | 16.2 | 12.2 |
| Operating Expenses | 349.0 | 165.7 | 126.5 | 91.6 | 67.1 | 41.9 | 34.2 | 27.2 | 23.4 | 25.0 | 21.6 | 16.2 | 12.2 |
| Operating Income | |||||||||||||
| Operating Income | 634.3 | 514.7 | 384.0 | 195.6 | 188.8 | 100.4 | 76.1 | 40.5 | 38.5 | 39.5 | 33.6 | 19.5 | 12.1 |
| Interest Expense | 10.6 | 10.1 | 10.3 | 4.3 | 1.0 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 154.3 | 102.5 | 53.8 | 33.1 | 27.9 | 21.5 | 16.8 | 11.6 | 8.4 | 6.4 | 4.7 | 3.8 |
| Profitability | |||||||||||||
| EBITDA | 650.8 | 530.7 | 397.6 | 202.6 | 192.1 | 102.2 | 76.7 | 41.1 | 39.0 | 40.2 | 34.2 | 20.0 | 12.6 |
| EBIT | 644.9 | 524.9 | 394.3 | 199.8 | 189.8 | 100.6 | 76.1 | 40.5 | 38.5 | 39.5 | 33.6 | 19.5 | 12.1 |
| Income Before Tax | 634.3 | 514.7 | 384.0 | 195.6 | 188.8 | 100.4 | 76.1 | 40.5 | 38.5 | 39.5 | 33.6 | 19.5 | 12.1 |
| Income Tax Expense | 130.7 | 99.9 | 75.9 | 36.5 | 36.1 | 12.0 | 12.7 | 6.7 | 13.6 | 13.4 | 11.3 | 6.5 | (0.2) |
| Net Income | 503.6 | 414.8 | 308.1 | 159.1 | 152.7 | 88.4 | 63.3 | 33.8 | 24.9 | 26.2 | 22.3 | 13.0 | 12.3 |
| Per Share Data | |||||||||||||
| EPS (Basic) | 21.76 | 17.92 | 13.37 | 6.97 | 6.73 | 3.96 | 2.94 | 1.60 | 1.19 | 1.26 | 1.06 | 0.62 | 0.59 |
| EPS (Diluted) | 21.65 | 17.78 | 13.22 | 6.88 | 6.62 | 3.87 | 2.86 | 1.56 | 1.16 | 1.24 | 1.06 | 0.62 | 0.59 |
| Shares Outstanding | 23.1 | 23.2 | 23.0 | 22.8 | 22.7 | 22.3 | 21.5 | 21.1 | 21.0 | 20.8 | 21.0 | 21.0 | 21.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 163.4 | 113.2 | 126.7 | 156.3 | 121.0 | 77.1 | 100.4 | 75.1 | 81.7 | 50.8 |
| Short-Term Investments | 2,517.1 | 3,541.3 | 2,717.3 | 1,801.4 | 1,392.1 | 1,081.8 | 729.5 | 510.3 | 479.3 | 429.6 |
| Net Receivables | 549.9 | 505.3 | 412.7 | 340.7 | 201.6 | 141.9 | 107.1 | 81.0 | 19.8 | 17.0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | (1,325.0) | (953.1) | 0.9 | 0 | 0 |
| Total Current Assets | 3,274.8 | 4,212.5 | 3,309.3 | 2,341.3 | 1,748.4 | 0 | 0 | 667.3 | 580.9 | 67.7 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 89.4 | 82.9 | 63.4 | 53.5 | 49.3 | 46.2 | 22.6 | (7.2) | (2.5) | (6.6) |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 122.3 | 112.8 | 91.9 | 65.1 | 45.5 | 0 | 0 | 3.5 | 3.5 | 3.5 |
| Long-Term Investments | 2,509.9 | 413.4 | 249.6 | 228.9 | 172.6 | 1,211.5 | 807.8 | 568.0 | 479.3 | 429.6 |
| Other Non-Current Assets | 5.0 | 4.8 | 3.0 | 1.4 | 7.7 | (1,261.2) | (834.0) | (465.7) | (395.9) | 113.5 |
| Total Non-Current Assets | 2,768.7 | 674.2 | 463.7 | 405.8 | 277.2 | 0 | 0 | 105.8 | 87.0 | 546.7 |
| Total Assets | 6,043.6 | 4,886.7 | 3,773.0 | 2,747.1 | 2,025.7 | 1,546.9 | 1,090.5 | 773.1 | 667.8 | 614.4 |
| Current Liabilities | ||||||||||
| Account Payables | 100.7 | 99.1 | 92.5 | 63.4 | 39.4 | 26.3 | 19.5 | 11.7 | 9.7 | 12.8 |
| Short-Term Debt | 51 | 11 | 0 | 0 | 42.7 | 42.6 | 16.7 | 0 | 0 | 0 |
| Deferred Revenue | 860.4 | 828.4 | 701.4 | 499.7 | 347.7 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 2,890.9 | 2,285.7 | 1,692.9 | 1,238.4 | 881.3 | (68.9) | (36.3) | (11.7) | (9.7) | (12.8) |
| Total Current Liabilities | 3,902.9 | 3,224.2 | 2,486.7 | 1,801.5 | 1,311.1 | 0 | 0 | 11.7 | 9.7 | 12.8 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 173.4 | 173.1 | 183.8 | 195.7 | 42.7 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 4.6 | 0 | 6.7 | 9.3 | 5.7 |
| Other Non-Current Liabilities | 7.6 | 5.8 | 15.6 | 4.5 | (27.5) | (4.6) | 0 | 0 | 0 | 0 |
| Total Non-Current Liabilities | 181.0 | 178.9 | 199.4 | 200.2 | 15.2 | 0 | 0 | 7.2 | 2.5 | 6.6 |
| Total Liabilities | 4,084.0 | 3,403.1 | 2,686.1 | 2,001.7 | 1,326.3 | 970.7 | 684.7 | 509.1 | 429.7 | 404.2 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
| Retained Earnings | 1,716.9 | 1,229.1 | 828.2 | 533.1 | 385.9 | 243.3 | 162.9 | 106.5 | 73.5 | 53.6 |
| Accumulated Other Comprehensive Income | (30.7) | (97.2) | (94.6) | (134.9) | 18.1 | 41.4 | 13.5 | (1.3) | 9.4 | 3.0 |
| Total Stockholders' Equity | 1,959.6 | 1,483.6 | 1,086.8 | 745.4 | 699.3 | 576.2 | 405.9 | 264.0 | 238.2 | 210.2 |
| Total Liabilities & Equity | 6,043.6 | 4,886.7 | 3,773.0 | 2,747.1 | 2,025.7 | 1,546.9 | 1,090.5 | 773.1 | 667.8 | 614.4 |
| Debt Metrics | ||||||||||
| Total Debt | 224.4 | 184.1 | 183.8 | 195.7 | 85.4 | 42.6 | 16.7 | 0 | 0 | 0 |
| Net Debt | 61.0 | 70.9 | 57.2 | 39.5 | (35.6) | (34.5) | (83.7) | (75.1) | (81.7) | (50.8) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 503.6 | 414.8 | 308.1 | 159.1 | 152.7 | 88.4 | 63.3 | 33.8 | 24.9 | 26.2 |
| Depreciation & Amortization | 5.8 | 5.8 | 3.3 | 2.7 | 2.3 | 1.6 | 0.7 | 0.6 | 0.5 | 0.6 |
| Stock-Based Compensation | 17.9 | 14.1 | 9.4 | 6.7 | 4.8 | 3.6 | 2.7 | 1.6 | 0.7 | 0.5 |
| Change in Working Capital | 579.3 | 596.1 | 569.7 | 376.6 | 273.4 | 206.2 | 124.5 | 64.9 | 50.4 | 46.1 |
| Other Non-Cash Items | (63.2) | (50.7) | (21.1) | 26.9 | (25.6) | (20.4) | (12.7) | 6.3 | (0.2) | (0.2) |
| Operating Cash Flow | 1,043.7 | 976.3 | 859.8 | 557.8 | 407.0 | 280.0 | 178.4 | 104.0 | 77.4 | 73.7 |
| Investing Activities | ||||||||||
| Capital Expenditure | (53.7) | (23.9) | (6.6) | (6.9) | (5.9) | (32.9) | (19.6) | (1.3) | (0.2) | (0.6) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (2,494.2) | (1,714.0) | (1,403.7) | (803.5) | (679.8) | (567.6) | (336.1) | (207.6) | (143.2) | (152.0) |
| Sales/Maturities of Investments | 0 | 778.1 | 489.4 | 178.5 | 333.8 | 215.9 | 124.9 | 102.4 | 100.9 | 64.4 |
| Other Investing Activities | 1,625.7 | (0.3) | 59.9 | (76.6) | 0 | 5.1 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (922.2) | (960.1) | (860.9) | (708.6) | (352.0) | (379.4) | (230.8) | (106.5) | (42.4) | (88.1) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 40 | 0 | (12) | 155 | 0 | 25.7 | 17.3 | 0 | (0.0) | (30.1) |
| Stock Repurchased | (90.0) | (17.0) | (4.3) | (3.3) | (2.1) | (1.8) | (0.6) | 0 | 0 | 0 |
| Dividends Paid | (15.8) | (13.9) | (13.0) | (11.9) | (10.0) | (8.1) | (6.9) | (5.9) | (5.0) | (2.1) |
| Other Financing Activities | (6.3) | 1.3 | 0.7 | 46.2 | 1.0 | 60.3 | 68.0 | 1.8 | 1.1 | 72.8 |
| Financing Cash Flow | (71.4) | (29.7) | (28.5) | 186.0 | (11.1) | 76.1 | 77.8 | (4.1) | (4.0) | 40.6 |
| Cash Position | ||||||||||
| Net Change in Cash | 50.1 | (13.5) | (29.6) | 35.2 | 43.9 | (23.3) | 25.3 | (6.7) | 31.0 | 26.2 |
| Cash at Beginning | 113.2 | 126.7 | 156.3 | 121.0 | 77.1 | 100.4 | 75.1 | 81.7 | 50.8 | 24.5 |
| Cash at End | 163.4 | 113.2 | 126.7 | 156.3 | 121.0 | 77.1 | 100.4 | 75.1 | 81.7 | 50.8 |
| Free Cash Flow | 990.1 | 952.4 | 853.2 | 550.9 | 401.1 | 247.1 | 158.7 | 102.7 | 77.2 | 73.2 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 1,874.0 | 1,587.5 | 1,224.4 | 838.8 | 653.5 | 459.9 | 315.9 | 222.1 | 186.8 | 141.6 | 80.6 | 63.7 | 48.5 |
| Gross Profit | 983.3 | 680.4 | 510.5 | 287.1 | 255.9 | 142.3 | 110.3 | 67.6 | 61.9 | 64.5 | 55.2 | 35.6 | 24.3 |
| Operating Income | 634.3 | 514.7 | 384.0 | 195.6 | 188.8 | 100.4 | 76.1 | 40.5 | 38.5 | 39.5 | 33.6 | 19.5 | 12.1 |
| Net Income | 503.6 | 414.8 | 308.1 | 159.1 | 152.7 | 88.4 | 63.3 | 33.8 | 24.9 | 26.2 | 22.3 | 13.0 | 12.3 |
| EPS (Diluted) | 21.65 | 17.78 | 13.22 | 6.88 | 6.62 | 3.87 | 2.86 | 1.56 | 1.16 | 1.24 | 1.06 | 0.62 | 0.59 |
| Balance Sheet | |||||||||||||
| Cash & Equivalents | 163.4 | 113.2 | 126.7 | 156.3 | 121.0 | 77.1 | 100.4 | 75.1 | 81.7 | 50.8 | |||
| Total Assets | 6,043.6 | 4,886.7 | 3,773.0 | 2,747.1 | 2,025.7 | 1,546.9 | 1,090.5 | 773.1 | 667.8 | 614.4 | |||
| Total Debt | 224.4 | 184.1 | 183.8 | 195.7 | 85.4 | 42.6 | 16.7 | 0 | 0 | 0 | |||
| Stockholders' Equity | 1,959.6 | 1,483.6 | 1,086.8 | 745.4 | 699.3 | 576.2 | 405.9 | 264.0 | 238.2 | 210.2 | |||
| Cash Flow | |||||||||||||
| Operating Cash Flow | 1,043.7 | 976.3 | 859.8 | 557.8 | 407.0 | 280.0 | 178.4 | 104.0 | 77.4 | 73.7 | |||
| Capital Expenditure | (53.7) | (23.9) | (6.6) | (6.9) | (5.9) | (32.9) | (19.6) | (1.3) | (0.2) | (0.6) | |||
| Free Cash Flow | 990.1 | 952.4 | 853.2 | 550.9 | 401.1 | 247.1 | 158.7 | 102.7 | 77.2 | 73.2 | |||