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
DateValue
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%