Essent (ESNT) Operating Margin (2013 - 2026)

Essent has disclosed Operating Margin across 14 years of filings, most recently posting 17.63% for Q1 2026.

• Operating Margin for Q1 2026 came in at 17.63%, down 70.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.77% (up 342.0% YoY), and the FY2025 annual result was 18.76%, up 89.0% from the prior year.
• Operating Margin came in at 17.63% for Q1 2026 at Essent, down from 18.96% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 24.27% in Q3 2025 to a low of 9.33% in Q1 2022.
• The 5-year median for Operating Margin is 17.63% (2026), against an average of 18.06%.
• Across the five-year window, Operating Margin soared 807 bps in 2022 and slumped 920 bps in 2024, its largest moves.
• Essent's Operating Margin stood at 16.43% in 2022, then rose by 25 bps to 20.59% in 2023, then tumbled by 45 bps to 11.39% in 2024, then jumped by 66 bps to 18.96% in 2025, then fell by 7 bps to 17.63% in 2026.
• The last three Operating Margin figures came in at 17.63% (Q1 2026), 18.96% (Q4 2025), and 24.27% (Q3 2025), per Business Quant data.