Essent Group Ltd. (ESNT)

Essent Group Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,152	1,110	1,001	1,029	955.15	867.57
Revenue Growth (YoY)	16.06%	10.88%	-2.69%	7.68%	10.10%	20.60%
Cost of Revenue	41.64	31.54	-174.7	31.06	301.29	32.99
Gross Profit	1,110	1,078	1,176	997.45	653.86	834.58
Selling, General & Admin	243.73	225.08	171.73	166.86	154.69	165.37
Operating Expenses	243.73	225.08	171.73	166.86	154.69	165.37
Operating Income	866.51	853.14	1,004	830.6	499.17	669.21
Interest Expense / Income	31.06	30.14	15.61	8.28	9.07	10.15
Pretax Income	835.45	823	988.19	822.31	490.1	659.06
Income Tax	128.17	126.61	156.83	140.53	77.06	103.35
Net Income	707.28	696.39	831.35	681.78	413.04	555.71
Net Income Growth	-2.85%	-16.23%	21.94%	65.06%	-25.67%	18.90%
Shares Outstanding (Basic)	106	106	107	111	106	98
Shares Outstanding (Diluted)	107	107	108	112	106	98
Shares Change	-0.76%	-0.49%	-3.50%	4.87%	8.30%	0.26%
EPS (Basic)	6.68	6.56	7.75	6.13	3.89	5.68
EPS (Diluted)	6.61	6.50	7.72	6.11	3.88	5.66
EPS Growth	-2.51%	-15.80%	26.35%	57.47%	-31.45%	18.66%
Free Cash Flow	787.05	759	584.84	706.76	725.49	586.44
Free Cash Flow Per Share	7.45	7.14	5.46	6.36	6.84	6.00
Dividend Per Share	1.030	1.000	0.860	0.700	0.640	0.300
Dividend Growth	13.19%	16.28%	22.86%	9.38%	113.33%	-
Gross Margin	96.39%	97.16%	117.46%	96.98%	68.46%	96.20%
Operating Margin	75.23%	76.88%	100.30%	80.76%	52.26%	77.14%
Profit Margin	61.40%	62.75%	83.07%	66.29%	43.24%	64.05%
Free Cash Flow Margin	68.33%	68.39%	58.44%	68.72%	75.95%	67.60%
Effective Tax Rate	15.34%	15.38%	15.87%	17.09%	15.72%	15.68%
EBITDA	871.73	857.66	1,007	833.98	502.5	672.98
EBITDA Margin	75.68%	77.28%	100.60%	81.09%	52.61%	77.57%
Depreciation & Amortization	5.22	4.53	3.02	3.38	3.33	3.77
EBIT	866.51	853.14	1,004	830.6	499.17	669.21
EBIT Margin	75.23%	76.88%	100.30%	80.76%	52.26%	77.14%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).