Essent (ESNT) Gross Margin (2013 - 2016)
Essent (ESNT) posted Gross Margin of 96.69% for Q4 2016, up 1.39 percentage points from 95.30% a year earlier and up 1.17 percentage points from the prior quarter.
Essent (ESNT) Gross Margin (2013 - 2016) Analysis & Trends
For FY2016, Essent's Gross Margin came in at 96.61%, down 0.02 percentage points from FY2015.
- Annual Gross Margin has declined for three consecutive years, with a four-year change of -0.38 percentage points (FY2012 to FY2016).
- In prior years, Essent's Gross Margin was 96.63% in FY2015 (-0.74 pp), 97.37% in FY2014 (-0.87 pp), 98.23% in FY2013 (+1.24 pp) and 96.99% in FY2012.
- Quarterly Gross Margin has run from a low of 95.30% in Q4 2015 to a high of 99.07% in Q3 2013 over five years.
- On a year-over-year basis, Gross Margin increased in two of the last eight quarters, with an average year-over-year change of -0.49 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2014, with a gain of 1.42 percentage points; the weakest was Q4 2014, with a drop of 2.78 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 95.52% (Q3 2016), 97.06% (Q2 2016) and 96.05% (Q1 2016).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | 54.87% |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | 57.69% |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | 38.28% |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | - |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | 51.27% |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | - |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | 40.82% |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | - |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | - |
| 10 | Essent | 5.20 Bn | 5.20 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2016 | 96.69% |
| Sep 30, 2016 | 95.52% |
| Jun 30, 2016 | 97.06% |
| Mar 31, 2016 | 96.05% |
| Dec 31, 2015 | 95.30% |
| Sep 30, 2015 | 95.95% |
| Jun 30, 2015 | 97.05% |
| Mar 31, 2015 | 97.34% |
| Dec 31, 2014 | 95.50% |
| Sep 30, 2014 | 97.69% |
| Jun 30, 2014 | 98.08% |
| Mar 31, 2014 | 97.98% |
| Dec 31, 2013 | 98.28% |
| Sep 30, 2013 | 99.07% |
| Jun 30, 2013 | 97.89% |
| Mar 31, 2013 | 96.57% |
Essent Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ESNT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ESNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ESNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();