Essent Group Ltd.
Essent Group Ltd. (ESNT) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for Essent Group Ltd. (ESNT), covering cash flow, earnings, and balance sheets.
Essent Group Ltd. (ESNT) Income Statement & Financial Overview
Access detailed annual and quarterly income data for Essent Group Ltd. ESNT financial performance.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $31.76M | $339.27M | $316.58M | $312.94M |
| Cost of Revenue | $8.15M | $0.00 | $0.00 | $0.00 |
| Gross Profit | $23.61M | $339.27M | $316.58M | $312.94M |
| Gross Profit Ratio | $0.74 | $1.00 | $1.00 | $1.00 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $0.00 | $34.53M | $33.79M | $33.36M |
| Operating Expenses | $102.41M | $144.32M | $109.004M | $73.72M |
| Total Costs & Expenses | $110.56M | $144.32M | $109.004M | $73.72M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $8.15M | $8.15M | $11.46M | $7.85M |
| Depreciation & Amortization | $5.37M | $1.43M | $1.49M | $1.47M |
| EBITDA | $220.52M | $204.53M | $220.52M | $248.54M |
| EBITDA Ratio | $6.94 | $0.60 | $0.70 | $0.79 |
| Operating Income | -$78.80M | $194.95M | $207.57M | $239.22M |
| Operating Income Ratio | -$2.48 | $0.57 | $0.66 | $0.76 |
| Other Income/Expenses (Net) | $285.80M | $0.00 | $0.00 | $0.00 |
| Income Before Tax | $207.00M | $194.95M | $207.57M | $239.22M |
| Income Before Tax Ratio | $6.52 | $0.57 | $0.66 | $0.76 |
| Income Tax Expense | $31.57M | $27.05M | $31.40M | $35.62M |
| Net Income | $175.43M | $167.90M | $176.18M | $203.61M |
| Net Income Ratio | $5.52 | $0.49 | $0.56 | $0.65 |
| EPS | $1.71 | $1.60 | $1.67 | $1.93 |
| Diluted EPS | $1.69 | $1.58 | $1.65 | $1.91 |
| Weighted Avg Shares Outstanding | $102.88M | $104.96M | $105.27M | $105.66M |
| Weighted Avg Shares Outstanding (Diluted) | $103.95M | $106.10M | $106.55M | $106.78M |
The company's financials show resilient growth, with revenue advancing from $312.94M in Q2 2024 to $31.76M in Q1 2025. Gross profit remained healthy with margins at 74% in Q1 2025 compared to 100% in Q2 2024. Operating income hit -$78.80M last quarter, sustaining a consistent -248% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $220.52M. Net income rose to $175.43M, while earnings per share reached $1.71. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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