Essent (ESNT) Tax Rate (2013 - 2026)
Essent (ESNT) posted Tax Rate of 16.89% for Q1 2026, up 5.51% sequentially from 16.01% in Q4 2025, and up 165.0% YoY from 6.38% in Q1 2025.
Essent (ESNT) Tax Rate (2013 - 2026) Analysis & Trends
Essent has reported Tax Rate for 14 years, with the latest figure at 16.89% in Q1 2026.
- Quarterly Tax Rate rose 165.0% year-over-year to 16.89% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 16.46% (up 166.0% YoY) and the FY2025 annual result came in at 16.05%, up 131.0% from the prior year.
- Tax Rate climbed to 16.89% in Q1 2026 per ESNT's latest filing, from 16.01% in the prior quarter.
- Over five years, Tax Rate peaked at 17.71% in Q2 2023 and troughed at 13.6% in Q4 2023.
- A 5-year average of 15.56% and a median of 15.25% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2025: Tax Rate sank 282 bps in 2022, then soared 242 bps in 2025.
- Over 5 years, Tax Rate stood at 14.82% in 2022, then fell by 8 bps to 13.6% in 2023, then gained by 2 bps to 13.88% in 2024, then increased by 15 bps to 16.01% in 2025, then gained by 6 bps to 16.89% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 16.89%, 16.01%, and 17.55% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.71 Bn | 8.14 Bn | 3.59 Bn | 18.64% |
| 2 | First American Financial | 7.40 Bn | 4.28 Bn | 1.77 Bn | 22.82% |
| 3 | Axis Capital Holdings | 7.28 Bn | 6.49 Bn | 819.78 Mn | 19.42% |
| 4 | Enact Holdings | 6.86 Bn | 6.36 Bn | 284.04 Mn | 20.52% |
| 5 | Mgic Investment | 6.46 Bn | 6.23 Bn | 284.40 Mn | 20.78% |
| 6 | Essent | 6.22 Bn | 6.22 Bn | 313.73 Mn | 17.63% |
| 7 | Ryan Specialty Holdings | 5.38 Bn | 5.24 Bn | - | 17.10% |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | 21.56% |
| 9 | NMI Holdings | 3.45 Bn | 3.37 Bn | 157.40 Mn | 22.75% |
| 10 | Assured Guaranty | 3.29 Bn | -503.07 Mn | 156.00 Mn | 15.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.63% |
| Jun 30, 2026 | 17.63% |
| Jun 30, 2026 | 17.63% |
| Mar 31, 2026 | 16.89% |
| Mar 31, 2026 | 16.89% |
| Mar 31, 2026 | 16.89% |
| Dec 31, 2025 | 16.01% |
| Dec 31, 2025 | 16.01% |
| Dec 31, 2025 | 16.01% |
| Sep 30, 2025 | 17.55% |
| Sep 30, 2025 | 17.55% |
| Sep 30, 2025 | 17.55% |
| Jun 30, 2025 | 15.50% |
| Jun 30, 2025 | 15.50% |
| Jun 30, 2025 | 15.50% |
| Mar 31, 2025 | 15.25% |
| Mar 31, 2025 | 15.25% |
| Mar 31, 2025 | 15.25% |
| Dec 31, 2024 | 13.88% |
| Dec 31, 2024 | 13.88% |