Essent (ESNT) Gross Margin (2013 - 2026)
Essent's (ESNT) quarterly Gross Margin came in at 86.5% in Q2 2026, down 816.0% year-over-year from 12.08% in Q2 2025, and up 0.99% quarter-over-quarter from 85.65% in Q1 2026.
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Essent (ESNT) Gross Margin (2013 - 2026) Analysis & Trends
Essent has disclosed Gross Margin across 14 years of filings, most recently posting 86.5% for Q2 2026.
- In Q2 2026, Gross Margin fell 816.0% year-over-year to 86.5%; the TTM figure through Jun 2026 stood at 85.02% (down 552.0% YoY), while the FY2025 annual figure was 88.16%, down 531.0% from the prior year.
- Gross Margin came in at 86.5% for Q2 2026 at Essent, up from 85.65% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 101.78% in Q4 2022 to a low of 59.62% in Q1 2022.
- Average Gross Margin over 5 years is 89.79%, with a median of 91.85% recorded in 2023.
- Year-over-year, Gross Margin sank 2721 bps in 2022 and soared 4031 bps in 2023.
- Over 5 years, Gross Margin stood at 101.78% in 2022, then dropped by 8 bps to 93.39% in 2023, then declined by 7 bps to 86.99% in 2024, then declined by 6 bps to 82.05% in 2025, then rose by 5 bps to 86.5% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 86.5% in Q2 2026, 85.65% in Q1 2026, and 82.05% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 131.10 Bn | 117.33 Bn | 9.13 Bn | 57.69% |
| 2 | Progressive | 125.60 Bn | 120.60 Bn | 9.04 Bn | 38.28% |
| 3 | Travelers Companies | 76.95 Bn | 53.19 Bn | 6.23 Bn | 51.27% |
| 4 | Allstate | 64.64 Bn | 25.91 Bn | 16.28 Bn | 87.55% |
| 5 | Aflac | 57.48 Bn | -45.52 Bn | 2.27 Bn | 55.02% |
| 6 | American International | 39.63 Bn | 1.81 Bn | 3.50 Bn | 49.41% |
| 7 | Hartford Insurance | 37.10 Bn | 20.79 Bn | 3.18 Bn | 43.81% |
| 8 | Cincinnati Financial | 26.10 Bn | 24.20 Bn | 2.39 Bn | 55.85% |
| 9 | Loews | 22.30 Bn | -2.25 Mn | 2.57 Bn | 54.18% |
| 10 | Essent | 6.15 Bn | 6.15 Bn | 313.73 Mn | 86.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 86.50% |
| Mar 31, 2026 | 85.65% |
| Dec 31, 2025 | 82.05% |
| Sep 30, 2025 | 85.59% |
| Jun 30, 2025 | 94.66% |
| Mar 31, 2025 | 90.15% |
| Dec 31, 2024 | 86.99% |
| Sep 30, 2024 | 90.31% |
| Jun 30, 2024 | 99.89% |
| Mar 31, 2024 | 96.68% |
| Dec 31, 2023 | 93.39% |
| Sep 30, 2023 | 96.35% |
| Jun 30, 2023 | 99.52% |
| Mar 31, 2023 | 99.93% |
| Dec 31, 2022 | 101.78% |
| Sep 30, 2022 | 98.38% |
| Jun 30, 2022 | 68.82% |
| Mar 31, 2022 | 59.62% |
| Dec 31, 2021 | 101.34% |
| Sep 30, 2021 | 97.36% |