Essent (ESNT) Cost of Revenue (2013 - 2024)

Essent's (ESNT) quarterly Cost of Revenue came in at -$21.3 million in Q4 2024, down 245.21% year-on-year from $14.7 million in Q1 2024, and down 321.18% quarter-over-quarter from $9.6 million in Q3 2024.

Essent (ESNT) Cost of Revenue (2013 - 2024) Analysis & Trends

Essent has disclosed Cost of Revenue across 7 years of filings, most recently posting -$21.3 million for Q4 2024.

  • Cost of Revenue for Q4 2024 came in at -$21.3 million, down 245.21% year-over-year; the trailing twelve-month figure through Dec 2024 was $8.0 million (up 14.78% YoY), and the FY2025 annual result was $8.6 million, up 7.32% from the prior year.
  • Cost of Revenue came in at -$21.3 million for Q4 2024 at Essent, down from $9.6 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $13.2 million in Q3 2023 to a low of -$21.3 million in Q4 2024.
  • The 3-year median for Cost of Revenue is $9.5 million (2024), against an average of $3.2 million.
  • Peak annual rise in Cost of Revenue reached 26.97% in 2024, while the deepest fall reached 245.21% in 2024.
  • Essent's Cost of Revenue stood at $7.6 million in 2022, then sank by 180.97% to -$6.2 million in 2023, then plunged by 245.21% to -$21.3 million in 2024.
  • The last three Cost of Revenue figures came in at -$21.3 million (Q4 2024), $9.6 million (Q3 2024), and $10.2 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Fidelity National Financial 12.87 Bn 10.21 Bn 2.62 Bn 608.00 Mn
2 Axis Capital Holdings 7.52 Bn 6.65 Bn - -
3 First American Financial 6.80 Bn 3.91 Bn 1.24 Bn 602.20 Mn
4 Enact Holdings 6.01 Bn 5.46 Bn 205.74 Mn 37.16 Mn
5 Mgic Investment 5.57 Bn 5.32 Bn 202.12 Mn 33.24 Mn
6 Essent 5.47 Bn 5.47 Bn - -
7 Radian 4.74 Bn 4.66 Bn 368.17 Mn 98.17 Mn
8 Ryan Specialty Holdings 4.62 Bn 5.05 Bn - -
9 Assured Guaranty 3.42 Bn -495.48 Mn 216.00 Mn 45.00 Mn
10 NMI Holdings 2.82 Bn 2.75 Bn 152.85 Mn 30.62 Mn

Historic Data

Download Data
DateValue
Dec 31, 2024 -21.28 Mn
Dec 31, 2024 -21.28 Mn
Sep 30, 2024 9.62 Mn
Sep 30, 2024 9.62 Mn
Jun 30, 2024 10.22 Mn
Jun 30, 2024 10.22 Mn
Mar 31, 2024 9.49 Mn
Mar 31, 2024 9.49 Mn
Dec 31, 2023 -6.17 Mn
Dec 31, 2023 -6.17 Mn
Sep 30, 2023 13.18 Mn
Sep 30, 2023 13.18 Mn
Dec 31, 2022 7.61 Mn
Dec 31, 2022 7.61 Mn
Dec 31, 2016 3.87 Mn
Dec 31, 2016 3.87 Mn
Sep 30, 2016 4.97 Mn
Sep 30, 2016 4.97 Mn
Jun 30, 2016 2.96 Mn
Jun 30, 2016 2.96 Mn