Essent (ESNT) Gross Profit (2013 - 2024)
Essent's (ESNT) quarterly Gross Profit came in at $517.8 million in Q4 2024, up 105.64% year-on-year from $251.8 million in Q1 2024, and up 116.36% quarter-over-quarter from $239.3 million in Q3 2024.
Essent (ESNT) Gross Profit (2013 - 2024) Analysis & Trends
Essent has disclosed Gross Profit across 7 years of filings, most recently posting $517.8 million for Q4 2024.
- Gross Profit for Q4 2024 came in at $517.8 million, up 105.64% year-over-year; the trailing twelve-month figure through Dec 2024 was $1.3 billion (up 28.23% YoY), and the FY2025 annual result was $1.3 billion, up 1.41% from the prior year.
- Gross Profit came in at $517.8 million for Q4 2024 at Essent, up from $239.3 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $517.8 million in Q4 2024 to a low of $207.9 million in Q3 2022.
- The 3-year median for Gross Profit is $246.7 million (2023), against an average of $272.2 million.
- Peak annual rise in Gross Profit reached 105.64% in 2024, while the deepest fall reached 15.42% in 2024.
- Essent's Gross Profit stood at $222.4 million in 2022, then grew by 13.2% to $251.8 million in 2023, then surged by 105.64% to $517.8 million in 2024.
- The last three Gross Profit figures came in at $517.8 million (Q4 2024), $239.3 million (Q3 2024), and $241.7 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 517.77 Mn |
| Dec 31, 2024 | 517.77 Mn |
| Sep 30, 2024 | 239.31 Mn |
| Sep 30, 2024 | 239.31 Mn |
| Jun 30, 2024 | 241.68 Mn |
| Jun 30, 2024 | 241.68 Mn |
| Mar 31, 2024 | 288.87 Mn |
| Mar 31, 2024 | 288.87 Mn |
| Dec 31, 2023 | 251.78 Mn |
| Dec 31, 2023 | 251.78 Mn |
| Sep 30, 2023 | 282.93 Mn |
| Sep 30, 2023 | 282.93 Mn |
| Jun 30, 2023 | 213.23 Mn |
| Jun 30, 2023 | 213.23 Mn |
| Mar 31, 2023 | 256.25 Mn |
| Mar 31, 2023 | 256.25 Mn |
| Dec 31, 2022 | 222.42 Mn |
| Dec 31, 2022 | 222.42 Mn |
| Sep 30, 2022 | 207.93 Mn |
| Sep 30, 2022 | 207.93 Mn |