Essent Group (ESNT)
Mortgage insurer with reinsurance, title coverage and real-estate closing services.
$65.70
After-hours close−0.02 (−0.03%)
At close$65.72(−1.13%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 296 | 297 | 304 | 319 | 317 | 339 | 324 | 326 | 319 | 312 | 330 | 363 |
| Cost of revenue | 11 | 20 | 10 | 0 | 31 | 41 | 31 | 17 | 45 | 56 | 48 | 49 |
| Gross profit | 285 | 278 | 294 | 319 | 286 | 298 | 293 | 309 | 274 | 256 | 281 | 314 |
| 76 | 75 | 80 | 80 | 78 | 103 | 86 | 78 | 75 | 72 | 75 | 83 | |
| 31 | 32 | 35 | 33 | 34 | 35 | 40 | 31 | 29 | 0 | 0 | 0 | |
| General & administrative | 31 | 32 | 35 | 33 | 34 | 35 | 40 | 31 | 29 | 0 | 0 | 0 |
| Other expenses | 44 | 42 | 46 | 46 | 45 | 69 | 46 | 47 | 45 | 72 | 75 | 83 |
| Operating income | 209 | 203 | 214 | 239 | 208 | 195 | 207 | 231 | 199 | 185 | 207 | 230 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest expense | 8 | 8 | 8 | 8 | 11 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Other non-operating income | −8 | −8 | −8 | −8 | −11 | −8 | −8 | −8 | −8 | −8 | −8 | −8 |
| Income before tax | 209 | 203 | 214 | 239 | 208 | 195 | 207 | 231 | 199 | 185 | 207 | 230 |
| Income tax expense | 31 | 28 | 32 | 36 | 31 | 27 | 32 | 36 | 35 | 30 | 35 | 41 |
| Net income from continuing operations | 178 | 175 | 182 | 204 | 176 | 168 | 175 | 195 | 164 | 155 | 172 | 190 |
| Net income | 178 | 175 | 182 | 204 | 176 | 168 | 175 | 195 | 164 | 155 | 172 | 190 |
| EPS, basic | $1.68 | $1.66 | $1.72 | $1.93 | $1.67 | $1.60 | $1.71 | $1.95 | $1.69 | $1.62 | $1.83 | $2.09 |
| EPS, diluted | $1.66 | $1.64 | $1.70 | $1.91 | $1.65 | $1.58 | $1.69 | $1.93 | $1.67 | $1.60 | $1.82 | $2.08 |
| Weighted average shares, basic | 106 | 106 | 106 | 106 | 105 | 105 | 103 | 100 | 100 | 96 | 94 | 91 |
| Weighted average shares, diluted | 107 | 107 | 107 | 107 | 107 | 106 | 104 | 101 | 101 | 97 | 95 | 91 |
| EBITDA | 219 | 212 | 223 | 249 | 221 | 205 | 217 | 241 | 209 | 194 | 216 | 238 |
| Depreciation & amortization | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| EBIT | 217 | 211 | 222 | 247 | 219 | 203 | 215 | 239 | 207 | 193 | 215 | 238 |
