Essent Group Ltd. (ESNT)

Essent Group Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	990.88	916.91	842.53	872.54	862.56
Total Interest & Dividend Income	222.07	186.14	124.41	88.77	80.09
Gain (Loss) on Sale of Investments	-2.35	-7.2	-13.17	0.42	2.7
Other Revenue	32.3	13.92	47.06	66.78	9.81
Total Revenue	1,243	1,110	1,001	1,029	955.15
Revenue Growth (YoY)	12.00%	10.88%	-2.69%	7.68%	10.10%
Policy Benefits	81.22	31.54	-174.7	31.06	301.29
Policy Acquisition & Underwriting Costs	109.98	83.52	47.45	146.01	136.23
Other Operating Expenses	24.5	22.17	20.98	-	-
Total Operating Expenses	352.09	252.12	-5.97	197.91	455.98
Operating Income	890.81	857.64	1,007	830.6	499.17
Interest Expense	-35.32	-30.14	-15.61	-8.28	-9.07
EBT Excluding Unusual Items	855.49	827.5	991.19	822.31	490.1
Merger & Restructuring Charges	-	-4.5	-3	-	-
Pretax Income	855.49	823	988.19	822.31	490.1
Income Tax Expense	126.09	126.61	156.83	140.53	77.06
Net Income	729.4	696.39	831.35	681.78	413.04
Net Income to Common	729.4	696.39	831.35	681.78	413.04
Net Income Growth	4.74%	-16.23%	21.94%	65.06%	-25.67%
Shares Outstanding (Basic)	105	106	107	111	106
Shares Outstanding (Diluted)	107	107	108	112	106
Shares Change (YoY)	-0.54%	-0.49%	-3.50%	4.87%	8.30%
EPS (Basic)	6.92	6.56	7.75	6.13	3.89
EPS (Diluted)	6.85	6.50	7.72	6.11	3.88
EPS Growth	5.38%	-15.80%	26.35%	57.47%	-31.45%
Free Cash Flow	854.77	759	584.84	706.76	725.49
Free Cash Flow Per Share	8.02	7.08	5.43	6.34	6.82
Dividend Per Share	1.120	1.000	0.860	0.700	0.640
Dividend Growth	12.00%	16.28%	22.86%	9.38%	113.33%
Operating Margin	71.67%	77.28%	100.60%	80.76%	52.26%
Profit Margin	58.68%	62.75%	83.07%	66.29%	43.24%
Free Cash Flow Margin	68.77%	68.39%	58.44%	68.72%	75.95%
EBITDA	896.59	862.16	1,010	833.98	502.5
EBITDA Margin	72.14%	77.69%	100.90%	81.09%	52.61%
D&A For EBITDA	5.78	4.53	3.02	3.38	3.33
EBIT	890.81	857.64	1,007	830.6	499.17
EBIT Margin	71.67%	77.28%	100.60%	80.76%	52.26%
Effective Tax Rate	14.74%	15.38%	15.87%	17.09%	15.72%
Revenue as Reported	1,243	1,110	1,001	1,029	955.15

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q