Essent Group Ltd. (ESNT) Financial Statements
Industry: Surety Insurance
In fiscal 2025, Essent reported revenue of $1.26B, up 1.5% from $1.24B the year before. Net income was $690.0M (a 54.7% net margin), or $6.90 per diluted share. Gross margin was 100.0% and operating margin was 100.0%. Operating activities generated $856.1M of cash, leaving $848.7M of free cash flow. At fiscal year end, Essent held $7.44B in total assets against $1.68B in total liabilities.
Open the full interactive Essent financials → Quarterly statements, key ratios, valuation history and price charts.
Essent Key Stats
| Share Price | $62.04 |
|---|---|
| Market Cap | $5.67B |
| P/E Ratio | 9.0 |
| Revenue YoY Growth | +1.5% |
| 52-Week Range | $55.56 – $69.63 |
| Shares Outstanding | 90.7 million (basic, 2026 Q2) |
Essent Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $955.2M | $1.03B | $1.00B | $1.11B | $1.24B | $1.26B |
| Cost of Goods Sold | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $955.2M | $1.03B | $1.00B | $1.11B | $1.24B | $1.26B |
| Operating Income | $955.2M | $1.03B | $1.00B | $1.11B | $1.24B | $1.26B |
| Pre-Tax Income | $490.1M | $822.3M | $988.2M | $823.0M | $855.5M | $821.9M |
| Income Tax | $77.1M | $140.5M | $156.8M | $126.6M | $126.1M | $131.9M |
| Net Income | $413.0M | $681.8M | $831.4M | $696.4M | $729.4M | $690.0M |
| Diluted EPS | $3.88 | $6.11 | $7.72 | $6.50 | $6.85 | $6.90 |
Essent Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $311.8M | $312.4M | $336.1M | $362.7M |
| Net Income | $164.2M | $155.0M | $171.8M | $189.7M |
| Diluted EPS | $1.67 | $1.55 | $1.82 | $2.08 |
Essent Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Total Assets | $5.20B | $5.72B | $5.72B | $6.43B | $7.11B | $7.44B |
| Total Long-Term Debt | $321.7M | $419.8M | $420.9M | $421.9M | $494.0M | $495.3M |
| Total Liabilities | $1.34B | $1.49B | $1.26B | $1.32B | $1.51B | $1.68B |
| Shareholders' Equity | $3.86B | $4.24B | $4.46B | $5.10B | $5.60B | $5.76B |
Essent Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $727.9M | $709.3M | $588.8M | $763.0M | $861.5M | $856.1M |
| Cash From Investing | -$1.15B | -$583.2M | -$398.9M | -$525.6M | -$706.9M | -$154.7M |
| Cash From Financing | $458.0M | -$147.4M | -$190.2M | -$176.9M | -$164.9M | -$709.7M |
| Free Cash Flow | $725.5M | $706.8M | $584.8M | $759.0M | $854.8M | $848.7M |
Figures from Essent's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Essent financials page for every line item.
Essent Company Profile
| Ticker | ESNT |
|---|---|
| Exchange | NYSE |
| Industry | Surety Insurance |
| Headquarters | Hamilton, Bermuda |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001448893 |
Frequently Asked Questions
What was Essent's revenue in fiscal 2025?
Essent (ESNT) reported revenue of $1.26B for fiscal 2025.
What is Essent's annual revenue history?
Essent's annual revenue by fiscal year: 2020: $955.2M; 2021: $1.03B; 2022: $1.00B; 2023: $1.11B; 2024: $1.24B; 2025: $1.26B.
What was Essent's net income in fiscal 2025?
Essent reported net income of $690.0M for fiscal 2025.
What was Essent's earnings per share (EPS) in fiscal 2025?
Essent's diluted EPS was $6.90 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Essent generate in fiscal 2025?
Essent generated $848.7M of free cash flow in fiscal 2025.
What was Essent's revenue last quarter?
In its most recent reported quarter (2026 Q2), Essent reported revenue of $362.7M.
How much debt does Essent have?
Essent reported $495.3M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Essent are outstanding?
Essent reported a weighted average of 90.7 million basic shares outstanding in 2026 Q2.
What is Essent's market cap?
Based on its latest closing price, Essent (ESNT) has a market capitalization of about $5.67B.
When does Essent's fiscal year end?
Essent's fiscal year end, as registered with the SEC, is December 31.
Where is Essent headquartered?
Essent lists its business address in Hamilton, Bermuda in its SEC filings.