Essent (ESNT) Tax Rate (2013 - 2026)
Essent's (ESNT) quarterly Tax Rate came in at 16.89% in Q1 2026, up 165.0% year-on-year from 6.38% in Q1 2025, and up 5.51% quarter-over-quarter from 16.01% in Q4 2025.
Essent (ESNT) Tax Rate (2013 - 2026) Analysis & Trends
Essent has disclosed Tax Rate across 14 years of filings, most recently posting 16.89% for Q1 2026.
- Tax Rate for Q1 2026 came in at 16.89%, up 165.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.46% (up 166.0% YoY), and the FY2025 annual result was 16.05%, up 131.0% from the prior year.
- Tax Rate came in at 16.89% for Q1 2026 at Essent, up from 16.01% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 17.71% in Q2 2023 to a low of 13.6% in Q4 2023.
- The 5-year median for Tax Rate is 15.25% (2025), against an average of 15.56%.
- Across the five-year window, Tax Rate sank 282 bps in 2022 and jumped 242 bps in 2025, its largest moves.
- Essent's Tax Rate stood at 14.82% in 2022, then dropped by 8 bps to 13.6% in 2023, then increased by 2 bps to 13.88% in 2024, then climbed by 15 bps to 16.01% in 2025, then increased by 6 bps to 16.89% in 2026.
- The last three Tax Rate figures came in at 16.89% (Q1 2026), 16.01% (Q4 2025), and 17.55% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | 35.14% |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | 18.11% |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | 22.87% |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 21.37% |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 20.08% |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | 16.89% |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | 25.45% |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | 13.82% |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | -58.82% |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn | 20.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.89% |
| Mar 31, 2026 | 16.89% |
| Dec 31, 2025 | 16.01% |
| Dec 31, 2025 | 16.01% |
| Sep 30, 2025 | 17.55% |
| Sep 30, 2025 | 17.55% |
| Jun 30, 2025 | 15.50% |
| Jun 30, 2025 | 15.50% |
| Mar 31, 2025 | 15.25% |
| Mar 31, 2025 | 15.25% |
| Dec 31, 2024 | 13.88% |
| Dec 31, 2024 | 13.88% |
| Sep 30, 2024 | 15.13% |
| Sep 30, 2024 | 15.13% |
| Jun 30, 2024 | 14.89% |
| Jun 30, 2024 | 14.89% |
| Mar 31, 2024 | 14.98% |
| Mar 31, 2024 | 14.98% |
| Dec 31, 2023 | 13.60% |
| Dec 31, 2023 | 13.60% |