Friday 6 November 2026 Export ESNT’s income statement to Excel — free account

Essent Group Ltd.

Essent Group Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 1.45% from fiscal 2024.

Revenue: +13.6%
EPS: +7.18%
Free cash flow: +3.88%
Total debt: +0.27%

Quarter to June 2026, against a year earlier

68.60 0.74 −1.07%

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Market cap: $6.2B
P/E: 9.5×
Fwd P/E: 8.8×
Dividend yield: 1.98%
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Essent Group Ltd. (ESNT) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Mortgage Insurance	1,054	83.56%
Other, not broken out	118	9.34%
Reinsurance	90	7.11%
Gross margin		67.77%
Operating margin		67.77%
Pre-tax margin		65.18%

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022
Mortgage Insurance	1,054 83.56%	1,030 82.87%	955 86.06%	1,005 100.37%
Reinsurance	90 7.11%	97 7.81%	98 8.79%	—
Corporate & Other	—	—	—	(4) (0.37%)
Other, not broken out	118 9.34%	116 9.33%	57 5.15%	—
Revenue	1,261	1,243	1,110	1,001

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Annual persistency	Q3 FY2026	83.3%	86.0%	—
Average insurance in force	Q3 FY2026	$249.9B	$247.8B	+0.85%
Base average premium rate	Q3 FY2026	0.40%	0.41%	—
Combined ratio	Q3 FY2026	39.6%	—	—
Expense ratio	Q3 FY2026	15.1%	—	—
Gross average premium rate	Q3 FY2026	0.40%	0.41%	—
Gross risk in force	Q3 FY2026	$68.7B	$68.3B	+0.61%
Insurance in force	Q3 FY2026	$250.1B	$248.8B	+0.50%
Loans in default	Q3 FY2026	21.9K	18.6K	+17.95%
Loss ratio	Q3 FY2026	24.5%	—	—
Loss ratio	Q3 FY2026	48.5%	—	—
Net average premium rate	Q3 FY2026	0.34%	0.35%	—
New insurance written	Q3 FY2026	$12.1B	$12.2B	−0.85%
New risk written	Q3 FY2026	$3.3B	$3.2B	+2.66%
Percentage of loans in default	Q3 FY2026	2.75%	2.29%	—
Policies in force	Q3 FY2026	795.7K	812.9K	−2.11%
Risk in force	Q3 FY2026	$56.3B	$56.9B	−1.11%
Weighted average coverage	Q3 FY2026	27.5%	27.4%	—
Weighted average credit score	Q4 FY2025	747.00	746.00	+0.13%
Weighted average credit score	Q4 FY2025	757.00	751.00	+0.80%
Weighted average LTV	Q4 FY2025	92.0%	93.0%	—
Weighted average LTV	Q4 FY2025	93.0%	93.0%	—

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023
Annual persistency	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Average insurance in force	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Base average premium rate	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Combined ratio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Expense ratio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross average premium rate	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross risk in force	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Insurance in force	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Loans in default	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Loss ratio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Loss ratio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Net average premium rate	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
New insurance written	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
New risk written	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Percentage of loans in default	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Policies in force	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Risk in force	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Weighted average coverage	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Weighted average credit score	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Weighted average credit score	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Weighted average LTV	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Weighted average LTV	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.