Kinsale Capital Group, Inc. (KNSL)

Kinsale Capital Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	1,458	1,350	1,073	794.12	582.88	412.75
Total Interest & Dividend Income	171.8	150.29	102.34	51.28	31.05	26.11
Gain (Loss) on Sale of Investments	54.6	50.72	21.13	-26.9	25.64	20.39
Other Revenue	39.1	36.04	28.45	20.3	13.91	0.63
Total Revenue	1,723	1,588	1,224	838.8	653.47	459.89
Revenue Growth (YoY)	21.12%	29.65%	45.98%	28.36%	42.09%	45.59%
Policy Benefits	843.12	772.9	600.22	457.91	324.42	263.8
Policy Acquisition & Underwriting Costs	432.17	406.15	313.97	225.02	164.3	110.44
Other Operating Expenses	1.88	3.97	0.94	0.72	0.67	1.21
Reinsurance Income or Expense	127.68	120.34	85	44.7	25.7	16.15
Total Operating Expenses	1,150	1,063	830.13	638.96	463.68	359.31
Operating Income	573.89	524.85	394.32	199.85	189.8	100.58
Interest Expense	-10.24	-10.13	-10.3	-4.28	-0.99	-0.17
Pretax Income	563.65	514.72	384.02	195.56	188.8	100.41
Income Tax Expense	116.98	99.87	75.92	36.45	36.14	11.99
Net Income	446.67	414.84	308.09	159.11	152.66	88.42
Net Income to Common	446.67	414.84	308.09	159.11	152.66	88.42
Net Income Growth	20.39%	34.65%	93.63%	4.23%	72.65%	39.65%
Shares Outstanding (Basic)	23	23	23	23	23	22
Shares Outstanding (Diluted)	23	23	23	23	23	23
Shares Change (YoY)	-0.04%	0.11%	0.79%	0.27%	0.92%	3.23%
EPS (Basic)	19.28	17.92	13.37	6.97	6.73	3.96
EPS (Diluted)	19.16	17.78	13.22	6.88	6.62	3.87
EPS Growth	20.44%	34.49%	92.15%	3.93%	71.06%	35.32%
Free Cash Flow	940.11	952.36	853.23	550.91	401.12	247.1
Free Cash Flow Per Share	40.32	40.82	36.61	23.82	17.39	10.81
Dividend Per Share	0.640	0.600	0.560	0.520	0.440	0.360
Dividend Growth	10.35%	7.14%	7.69%	18.18%	22.22%	12.50%
Operating Margin	33.30%	33.06%	32.20%	23.82%	29.04%	21.87%
Profit Margin	25.92%	26.13%	25.16%	18.97%	23.36%	19.23%
Free Cash Flow Margin	54.55%	59.99%	69.68%	65.68%	61.38%	53.73%
EBITDA	580.96	530.65	397.59	202.57	192.1	102.16
EBITDA Margin	33.71%	33.43%	32.47%	24.15%	29.40%	22.21%
D&A For EBITDA	7.07	5.8	3.27	2.72	2.31	1.57
EBIT	573.89	524.85	394.32	199.85	189.8	100.58
EBIT Margin	33.30%	33.06%	32.20%	23.82%	29.04%	21.87%
Effective Tax Rate	20.75%	19.40%	19.77%	18.64%	19.14%	11.95%
Revenue as Reported	1,723	1,588	1,224	838.8	653.47	459.89

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

SEC Filings: 10-K · 10-Q