Goosehead Insurance (GSHD) vs Ethos Technologies Inc. (LIFE)

Goosehead Insurance and Ethos Technologies Inc. are both Insurance Brokers companies. Ethos Technologies Inc. is the larger, with a market value of $2.8B against $1.7B — 1.7× the size. Ethos Technologies Inc. has negative trailing earnings, so its P/E is not meaningful; Goosehead Insurance trades at 35.9×. Goosehead Insurance has the higher net margin (8.78% vs −18.8%) and the higher return on invested capital (59.6% vs −2.79%). Across the 14 metrics below, Goosehead Insurance leads on 9 and Ethos Technologies Inc. on 5.

Valuation

Metric GSHD LIFE Insurance Brokers median
P/E 35.92 n/m 25.10
P/S 3.03 4.61 2.98
P/B n/m 5.63 3.18
Price to free cash flow 19.91 23.64 22.89
EV/EBITDA — n/m —
EV/Sales — 3.90 —
Earnings yield 2.78% (1.57%) 2.74%
Free cash flow yield 5.02% 4.23% 3.19%

Profitability

Metric GSHD LIFE Insurance Brokers median
Gross margin 100.00% 100.00% 49.44%
Operating margin 23.31% (2.80%) 15.48%
Net margin 8.78% (18.82%) 8.78%
Free cash flow margin 15.21% 19.49% 5.26%
Return on equity (22.12%) 0.00% 3.24%
Return on assets 8.37% (31.45%) 2.51%
Return on invested capital 59.58% (2.79%) 5.83%

Growth

Metric GSHD LIFE Insurance Brokers median
Revenue growth (TTM) 17.74% — 9.77%
EPS growth (last fiscal year) (9.57%) 43.90% (8.67%)
Revenue growth, 5-year CAGR 25.57% — 9.30%
Net income growth, 5-year CAGR 24.55% — 0.00%

Health

Metric GSHD LIFE Insurance Brokers median
Debt to equity (1.67) 0.00 0.49
Current ratio 1.54 3.25 1.60
Net debt to EBITDA 2.90 (1.17) 1.20

Dividend

Metric GSHD LIFE Insurance Brokers median
Dividend yield 0.00% — 1.17%
Payout ratio 0.00 — 0.33

Size

Metric GSHD LIFE Insurance Brokers median
Market cap 1.69b 2.82b 2.82b

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