Financial Services - Insurance - Specialty - NYSE - BM
$ 55.5
-0.287 %
$ 5.89 B
Market Cap
8.04
P/E
INCOME STATEMENT
1.09 B
REVENUE
970 M
OPERATING INCOME
696 M
NET INCOME
EFFICIENCY
Earnings Waterfall
Essent Group Ltd.
| Revenue | 1.09 B |
| Cost Of Revenue | 195 M |
| Gross Profit | 890 M |
| Operating Expenses | 115 M |
| Operating Income | 970 M |
| Other Expenses | 274 M |
| Net Income | 696 M |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||||
| Revenue | 1 085.1 | 972.1 | 972.1 | 955.2 | 867.6 | 719.4 | 576.5 | 458.3 | 353.3 | 239.5 | 131.4 | 48.7 | 14.4 | 6.3 |
| GROSS PROFIT | ||||||||||||||
| Cost Of Revenue | 194.8 | 171.7 | 166.9 | 154.7 | 165.4 | 150.9 | 145.5 | 130.9 | 113.0 | 97.2 | 71.1 | 0 | 0 | 0 |
| Gross Profit | 890.3 | 800.4 | 805.3 | 800.5 | 702.2 | 568.5 | 431.0 | 327.4 | 240.3 | 142.2 | 60.3 | 48.7 | 14.4 | 6.3 |
| OPERATING INCOME | ||||||||||||||
| Operating Expenses | 114.9 | 171.7 | (160.2) | (474.9) | (211.9) | 162.0 | 173.0 | 146.0 | 125.0 | 104.0 | (2.3) | (62.6) | (48.8) | (33.9) |
| Selling, General and Administrative Expenses | 114.9 | 100.3 | 101.3 | 93.1 | 93.7 | 90.1 | 91.0 | 84.0 | 72.2 | 64.3 | 47.0 | 31.6 | 24.0 | 17.3 |
| Research and Development Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 970.2 | 1 022.1 | 811.9 | 480.3 | 655.7 | 556.9 | 403.7 | 311.9 | 228.4 | 135.9 | 58.0 | (13.9) | (34.5) | (27.6) |
| PRE-TAX INCOME | ||||||||||||||
| Interest Income Expense | 30.1 | 15.6 | 8.3 | 9.1 | 10.2 | 10.2 | 5.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Other Income | (147.2) | 87.7 | (185.4) | (446.6) | (191.9) | 140.2 | 140.6 | 68.5 | 60.3 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Income | 823.0 | 988.2 | 822.3 | 490.1 | 659.1 | 546.7 | 398.6 | 311.9 | 228.4 | 135.9 | 58.0 | (13.9) | (34.5) | (27.6) |
| NET INCOME | ||||||||||||||
| Tax Provision | 126.6 | 156.8 | 140.5 | 77.1 | 103.3 | 79.3 | 18.8 | 89.3 | 71.1 | 47.4 | (7.4) | (0.3) | (0.9) | 54 K |
| Net Income | 696.4 | 831.4 | 681.8 | 413.0 | 555.7 | 467.4 | 379.7 | 222.6 | 157.3 | 88.5 | 65.4 | (13.5) | (33.6) | (27.6) |
| EPS | 6.56 | 7.75 | 6.13 | 3.89 | 5.68 | 4.8 | 4.07 | 2.45 | 1.74 | 1.05 | 0.9 | 0.35 | 0.87 | 0.72 |