Essent Group Ltd.

NYSE ESNT

Essent Group Ltd. Gross Profit Margin for the year ending December 31, 2023: 82.05%

Essent Group Ltd. Gross Profit Margin is 82.05% for the year ending December 31, 2023, a -0.35% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Essent Group Ltd. Gross Profit Margin for the year ending December 31, 2022 was 82.33%, a -0.60% change year over year.
Essent Group Ltd. Gross Profit Margin for the year ending December 31, 2021 was 82.84%, a -1.16% change year over year.
Essent Group Ltd. Gross Profit Margin for the year ending December 31, 2020 was 83.80%, a 3.54% change year over year.
Essent Group Ltd. Gross Profit Margin for the year ending December 31, 2019 was 80.94%, a 2.42% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

NYSE: ESNT

Essent Group Ltd.

CEO	Mr. Mark Anthony Casale
IPO Date	Oct. 31, 2013
Location	Bermuda
Headquarters	Clarendon House
Employees	602
Sector	Finance
Industries Insurance Private Equity

Description

Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its mortgage insurance products include primary, pool, and master policy. The company also provides information technology maintenance and development services; customer support-related services; underwriting consulting; and contract underwriting services. It serves the originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders. The company was founded in 2008 and is based in Hamilton, Bermuda.

Key trends

Past 5 years