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| Date | Value |
|---|---|
| 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 |