Essent Group Ltd Financials
Essent Group Ltd (ESNT) reported $1.3B in revenue for fiscal year 2025, up 1.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
An asset-light, high-cash-conversion model supports aggressive capital returns even as accounting profitability gradually softens.
In the most recent year, net income slipped from$729M to$690M , yet diluted EPS still edged higher because share count compression rather than profit growth did the lifting. That shows up in cash flows: financing outflows reached$710M while operating cash flow held near$856M , so per-share results were being supported by buybacks funded from recurring cash generation, not by heavy reinvestment.
Returns are easing from a higher capital base: ROE fell to
Cash deployment is the clearest operating tell: despite only
Financial Health Signals
Scored against insurers for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Essent Group Ltd's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Essent Group Ltd, and counted as zero in the overall score.
Not available for Essent Group Ltd, and counted as zero in the overall score.
Essent Group Ltd passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Essent Group Ltd generates $1.24 in operating cash flow ($856.1M OCF vs $690.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Essent Group Ltd generated $1.3B in revenue in fiscal year 2025. This represents an increase of 1.5% from the prior year.
Essent Group Ltd reported $690.0M in net income in fiscal year 2025. This represents a decrease of 5.4% from the prior year.
Essent Group Ltd earned $6.90 per diluted share (EPS) in fiscal year 2025. This represents an increase of 0.7% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Essent Group Ltd generated $848.7M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 0.7% from the prior year.
Essent Group Ltd held $123.0M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Essent Group Ltd paid $1.24 per share in dividends in fiscal year 2025. This represents an increase of 10.7% from the prior year.
Margins & Returns
Essent Group Ltd's net profit margin was 54.7% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.0 percentage points from the prior year.
Essent Group Ltd's ROE was 12.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 1.0 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Essent Group Ltd spent $587.7M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 426.9% from the prior year.
Essent Group Ltd invested $7.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 8.8% from the prior year.
Not reported for fiscal year 2025.
ESNT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B+1.5% | $1.2B+12.0% | $1.1B+10.9% | $1.0B-2.7% | $1.0B+7.7% | $955.2M+10.1% | $867.6M+20.6% | $719.4M+24.8% | $576.5M+25.8% | $458.3M+29.7% | $353.3M+47.5% | $239.5M+82.2% | $131.4M+169.7% | $48.7M |
| Interest Expense | $32.7M | $32.7M-7.4% | $35.3M+17.2% | $30.1M+93.1% | $15.6M+88.5% | $8.3M-8.7% | $9.1M-10.6% | $10.2M-0.3% | $10.2M+96.6% | $5.2M+1115.5% | $426K | $0 | N/A | N/A | N/A |
| Income Tax | $140.0M | $131.9M+4.6% | $126.1M-0.4% | $126.6M-19.3% | $156.8M+11.6% | $140.5M+82.4% | $77.1M-25.4% | $103.3M+30.3% | $79.3M+321.5% | $18.8M-78.9% | $89.3M+25.6% | $71.1M+49.8% | $47.4M+742.2% | -$7.4M-2118.0% | -$333K |
| Net Income | $680.7M | $690.0M-5.4% | $729.4M+4.7% | $696.4M-16.2% | $831.4M+21.9% | $681.8M+65.1% | $413.0M-25.7% | $555.7M+18.9% | $467.4M+23.1% | $379.7M+70.6% | $222.6M+41.5% | $157.3M+77.8% | $88.5M+35.3% | $65.4M+583.0% | -$13.5M |
| EPS (Diluted) | — | $6.90+0.7% | $6.85+5.4% | $6.50-15.8% | $7.72+26.4% | $6.11+57.5% | $3.88-31.4% | $5.66+18.7% | $4.77+19.5% | $3.99+65.6% | $2.41+40.1% | $1.72+67.0% | $1.03+47.1% | $0.70 | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ESNT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $7.4B+4.6% | $7.1B+10.7% | $6.4B+12.3% | $5.7B0.0% | $5.7B+10.0% | $5.2B+34.3% | $3.9B+23.0% | $3.1B+17.8% | $2.7B+42.0% | $1.9B+28.2% | $1.5B+24.3% | $1.2B+38.3% | $854.0M | N/A |
| Cash & Equivalents | $123.0M-6.4% | $131.5M-7.3% | $141.8M+74.5% | $81.2M-0.3% | $81.5M-20.8% | $102.8M+44.1% | $71.3M+9.9% | $64.9M+49.2% | $43.5M+58.1% | $27.5M+11.9% | $24.6M+0.8% | $24.4M-94.9% | $477.7M+2040.5% | $22.3M |
| Accounts Receivable | $51.3M-7.7% | $55.6M-12.2% | $63.3M+10.2% | $57.4M+24.4% | $46.2M-7.9% | $50.1M+23.3% | $40.7M+10.2% | $36.9M+24.0% | $29.8M+37.5% | $21.6M+30.0% | $16.6M+5.2% | $15.8M+58.0% | $10.0M | N/A |
| Goodwill | $48.8M0.0% | $48.8M-2.5% | $50.0M | $0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.7B+11.7% | $1.5B+13.9% | $1.3B+5.0% | $1.3B-15.1% | $1.5B+10.9% | $1.3B+50.8% | $888.6M+13.3% | $784.3M+6.9% | $733.9M+36.1% | $539.2M+54.1% | $349.9M+55.0% | $225.7M+71.2% | $131.8M | N/A |
| Total Equity | $5.8B+2.7% | $5.6B+9.8% | $5.1B+14.3% | $4.5B+5.3% | $4.2B+9.7% | $3.9B+29.4% | $3.0B+26.2% | $2.4B+21.9% | $1.9B+44.4% | $1.3B+20.1% | $1.1B+17.1% | $955.7M+32.3% | $722.1M+229.6% | $219.1M |
| Retained Earnings | $5.3B+12.1% | $4.7B+14.9% | $4.1B+16.8% | $3.5B+26.8% | $2.8B+28.0% | $2.2B+19.0% | $1.8B+41.0% | $1.3B+57.3% | $815.1M+86.8% | $436.3M+104.2% | $213.7M+279.0% | $56.4M+275.7% | -$32.1M | N/A |
Not reported in any period shown, so not listed: Current Assets, Inventory, Current Liabilities, Long-Term Debt.
ESNT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $834.1M | $856.1M-0.6% | $861.5M+12.9% | $763.0M+29.6% | $588.8M-17.0% | $709.3M-2.6% | $727.9M+23.4% | $589.8M-5.7% | $625.3M+69.7% | $368.6M+34.2% | $274.6M+21.2% | $226.6M+47.4% | $153.7M+29.2% | $119.0M+224.8% | $36.6M |
| Capital Expenditures | $8.2M | $7.4M+8.8% | $6.8M+69.1% | $4.0M+0.5% | $4.0M+59.4% | $2.5M+2.1% | $2.4M-28.2% | $3.4M-15.9% | $4.1M+45.7% | $2.8M-12.0% | $3.2M-36.3% | $5.0M+27.4% | $3.9M+46.0% | $2.7M-1.2% | $2.7M |
| Free Cash Flow | $825.9M | $848.7M-0.7% | $854.8M+12.6% | $759.0M+29.8% | $584.8M-17.3% | $706.8M-2.6% | $725.5M+23.7% | $586.4M-5.6% | $621.3M+69.8% | $365.8M+34.8% | $271.4M+22.5% | $221.6M+47.9% | $149.8M+28.8% | $116.3M+242.8% | $33.9M |
| Investing Cash Flow | -$117.2M | -$154.7M+78.1% | -$706.9M-34.5% | -$525.6M-31.8% | -$398.9M+31.6% | -$583.2M+49.5% | -$1.2B-111.8% | -$545.1M+0.3% | -$546.9M+20.8% | -$690.1M-88.9% | -$365.3M-65.5% | -$220.7M+69.7% | -$727.7M-652.1% | -$96.8M | N/A |
| Financing Cash Flow | -$734.7M | -$709.7M-330.4% | -$164.9M+6.8% | -$176.9M+7.0% | -$190.2M-29.0% | -$147.4M-132.2% | $458.0M+1293.6% | -$38.4M+32.7% | -$57.0M-116.9% | $337.6M+260.3% | $93.7M+1757.5% | -$5.7M-104.7% | $120.8M-72.1% | $433.1M | N/A |
| Dividends Paid | $123.7M | $122.1M+3.4% | $118.0M+11.1% | $106.2M+15.3% | $92.1M+18.5% | $77.7M+12.0% | $69.4M+136.5% | $29.3M | $0 | $0 | $0 | $0 | N/A | N/A | N/A |
| Share Buybacks | $611.0M | $587.7M+426.9% | $111.5M+57.8% | $70.7M-27.8% | $97.9M-40.2% | $163.9M+2478.8% | $6.4M-29.4% | $9.0M-71.3% | $31.4M+314.6% | $7.6M+88.3% | $4.0M-22.1% | $5.2M+106.9% | $2.5M+703.2% | $311K-66.0% | $916K |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ESNT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 54.7%-4.0pp | 58.7%-4.1pp | 62.7%-20.3pp | 83.1%+16.8pp | 66.3%+23.1pp | 43.2%-20.8pp | 64.0%-0.9pp | 65.0%-0.9pp | 65.9%+17.3pp | 48.6%+4.1pp | 44.5%+7.6pp | 37.0%-12.8pp | 49.8%+77.6pp | -27.8% |
| Return on Equity | 12.0%-1.0pp | 13.0%-0.6pp | 13.7%-5.0pp | 18.6%+2.5pp | 16.1%+5.4pp | 10.7%-7.9pp | 18.6%-1.1pp | 19.8%+0.2pp | 19.6%+3.0pp | 16.6%+2.5pp | 14.1%+4.8pp | 9.3%+0.2pp | 9.1%+15.2pp | -6.2% |
| Return on Assets | 9.3%-1.0pp | 10.3%-0.6pp | 10.8%-3.7pp | 14.5%+2.6pp | 11.9%+4.0pp | 7.9%-6.4pp | 14.3%-0.5pp | 14.8%+0.6pp | 14.2%+2.4pp | 11.8%+1.1pp | 10.7%+3.2pp | 7.5%-0.2pp | 7.7% | N/A |
| Debt-to-Equity | 0.290.0x | 0.270.0x | 0.260.0x | 0.28-0.1x | 0.350.0x | 0.350.0x | 0.300.0x | 0.330.0x | 0.380.0x | 0.40+0.1x | 0.31+0.1x | 0.24+0.1x | 0.18 | N/A |
| FCF Margin | 67.3%-1.5pp | 68.8%+0.4pp | 68.4%+9.9pp | 58.4%-10.3pp | 68.7%-7.2pp | 75.9%+8.3pp | 67.6%-18.8pp | 86.4%+22.9pp | 63.4%+4.2pp | 59.2%-3.5pp | 62.7%+0.2pp | 62.6%-26.0pp | 88.5%+18.9pp | 69.7% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Similar Companies
Where Essent Group Ltd Ranks
Frequently Asked Questions
What is Essent Group Ltd's annual revenue?
Essent Group Ltd (ESNT) reported $1.3B in total revenue for fiscal year 2025. This represents a 1.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Essent Group Ltd's revenue growing?
Essent Group Ltd (ESNT) revenue grew by 1.5% year-over-year, from $1.2B to $1.3B in fiscal year 2025.
Is Essent Group Ltd profitable?
Yes, Essent Group Ltd (ESNT) reported a net income of $690.0M in fiscal year 2025, with a net profit margin of 54.7%.
What is Essent Group Ltd's net profit margin?
Essent Group Ltd (ESNT) had a net profit margin of 54.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Essent Group Ltd pay dividends?
Yes, Essent Group Ltd (ESNT) paid $1.24 per share in dividends during fiscal year 2025.
What is Essent Group Ltd's return on equity (ROE)?
Essent Group Ltd (ESNT) has a return on equity of 12.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Essent Group Ltd's free cash flow?
Essent Group Ltd (ESNT) generated $848.7M in free cash flow during fiscal year 2025. This represents a -0.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Essent Group Ltd's operating cash flow?
Essent Group Ltd (ESNT) generated $856.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Essent Group Ltd's total assets?
Essent Group Ltd (ESNT) had $7.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Essent Group Ltd's capital expenditures?
Essent Group Ltd (ESNT) invested $7.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Essent Group Ltd's debt-to-equity ratio?
Essent Group Ltd (ESNT) had a debt-to-equity ratio of 0.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Essent Group Ltd's return on assets (ROA)?
Essent Group Ltd (ESNT) had a return on assets of 9.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Essent Group Ltd's Piotroski F-Score?
Essent Group Ltd (ESNT) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Essent Group Ltd's earnings high quality?
Essent Group Ltd (ESNT) has an earnings quality ratio of 1.24x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Essent Group Ltd?
Essent Group Ltd (ESNT) scores 55 out of 100 on our Financial Health Score, indicating moderate standing within its insurers peer group. The score is a 0-100 composite of six dimensions (Loss Ratio, Premium Growth, Capital, Investment Yield, Combined Ratio, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.