Essent Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	983.72	990.88	916.91	842.53	872.54
Total Interest & Dividend Income	236.52	222.07	186.14	124.41	88.77
Gain (Loss) on Sale of Investments	-0.92	-2.35	-7.2	-13.17	0.42
Other Revenue	41.62	32.3	13.92	47.06	66.78
Total Revenue	1,261	1,243	1,110	1,001	1,029
Revenue Growth (YoY)	1.45%	12.00%	10.88%	-2.69%	7.68%
Policy Benefits	149.34	81.22	31.54	-174.7	31.06
Policy Acquisition & Underwriting Costs	101.26	109.98	83.52	47.45	146.01
Other Operating Expenses	25.83	24.5	22.17	20.98	-
Total Operating Expenses	406.38	352.09	252.12	-5.97	197.91
Operating Income	854.56	890.81	857.64	1,007	830.6
Interest Expense	-32.7	-35.32	-30.14	-15.61	-8.28
EBT Excluding Unusual Items	821.86	855.49	827.5	991.19	822.31
Merger & Restructuring Charges	-	-	-4.5	-3	-
Pretax Income	821.86	855.49	823	988.19	822.31
Income Tax Expense	131.89	126.09	126.61	156.83	140.53
Net Income	689.97	729.4	696.39	831.35	681.78
Net Income to Common	689.97	729.4	696.39	831.35	681.78
Net Income Growth	-5.41%	4.74%	-16.23%	21.94%	65.06%
Shares Outstanding (Basic)	99	105	106	107	111
Shares Outstanding (Diluted)	100	107	107	108	112
Shares Change (YoY)	-6.13%	-0.54%	-0.49%	-3.50%	4.87%
EPS (Basic)	6.97	6.92	6.56	7.75	6.13
EPS (Diluted)	6.90	6.85	6.50	7.72	6.11
EPS Growth	0.73%	5.38%	-15.80%	26.35%	57.47%
Free Cash Flow	848.69	854.77	759	584.84	706.76
Free Cash Flow Per Share	8.48	8.02	7.08	5.43	6.34
Dividend Per Share	1.240	1.120	1.000	0.860	0.700
Dividend Growth	10.71%	12.00%	16.28%	22.86%	9.38%
Operating Margin	67.77%	71.67%	77.28%	100.60%	80.76%
Profit Margin	54.72%	58.68%	62.75%	83.07%	66.29%
Free Cash Flow Margin	67.31%	68.77%	68.39%	58.44%	68.72%
EBITDA	859.79	896.59	862.16	1,010	833.98
EBITDA Margin	68.19%	72.14%	77.69%	100.90%	81.09%
D&A For EBITDA	5.23	5.78	4.53	3.02	3.38
EBIT	854.56	890.81	857.64	1,007	830.6
EBIT Margin	67.77%	71.67%	77.28%	100.60%	80.76%
Effective Tax Rate	16.05%	14.74%	15.38%	15.87%	17.09%
Revenue as Reported	1,261	1,243	1,110	1,001	1,029

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.