Essent Historical Income Statement

ESNT Stock  USD 57.62  0.27  0.47%   
Historical analysis of Essent income statement accounts such as Selling General Administrative of 85.2 M or Total Revenue of 633.8 M can show how well Essent Group performed in making a profits. Evaluating Essent income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Essent's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Essent Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Essent Group is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essent Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Essent Income Statement Analysis

Essent Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Essent shareholders. The income statement also shows Essent investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Essent Income Statement Chart

At this time, Essent's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 1 B in 2025, whereas Income Before Tax is likely to drop slightly above 457.7 M in 2025.

Total Revenue

Total revenue comprises all receipts Essent Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Essent Group minus its cost of goods sold. It is profit before Essent operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Revenue

Cost of Revenue is found on Essent Group income statement and represents the costs associated with goods and services Essent provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Essent's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Essent Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essent Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Essent's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 1 B in 2025, whereas Income Before Tax is likely to drop slightly above 457.7 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit800.4M890.3M1.2B1.3B
Total Revenue972.1M1.1B1.2B633.8M

Essent income statement Correlations

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-0.610.950.840.460.860.870.870.370.910.240.910.851.00.870.54-0.630.780.27-0.27
-0.520.950.880.430.890.910.90.260.960.150.960.890.970.950.65-0.640.910.17-0.23
-0.420.840.880.740.970.960.960.580.840.50.840.760.860.870.64-0.850.880.31-0.65
-0.170.460.430.740.610.560.570.840.30.820.310.260.450.360.24-0.780.480.63-0.92
-0.450.860.890.970.610.991.00.570.910.490.90.840.880.930.74-0.840.860.25-0.57
-0.480.870.910.960.560.991.00.510.930.420.930.870.890.950.75-0.780.880.17-0.52
-0.470.870.90.960.571.01.00.510.930.430.930.870.890.950.75-0.780.880.17-0.52
-0.140.370.260.580.840.570.510.510.250.970.250.220.350.30.26-0.780.280.69-0.89
-0.510.910.960.840.30.910.930.930.250.161.00.930.930.990.75-0.60.880.06-0.18
-0.030.240.150.50.820.490.420.430.970.160.170.130.230.230.25-0.70.230.67-0.88
-0.50.910.960.840.310.90.930.930.251.00.170.910.930.990.73-0.610.880.07-0.19
-0.510.850.890.760.260.840.870.870.220.930.130.910.870.890.83-0.540.80.02-0.16
-0.61.00.970.860.450.880.890.890.350.930.230.930.870.90.57-0.640.820.25-0.26
-0.430.870.950.870.360.930.950.950.30.990.230.990.890.90.76-0.660.90.09-0.26
-0.220.540.650.640.240.740.750.750.260.750.250.730.830.570.76-0.590.730.06-0.25
0.19-0.63-0.64-0.85-0.78-0.84-0.78-0.78-0.78-0.6-0.7-0.61-0.54-0.64-0.66-0.59-0.68-0.640.75
-0.360.780.910.880.480.860.880.880.280.880.230.880.80.820.90.73-0.680.11-0.33
0.070.270.170.310.630.250.170.170.690.060.670.070.020.250.090.06-0.640.11-0.51
0.09-0.27-0.23-0.65-0.92-0.57-0.52-0.52-0.89-0.18-0.88-0.19-0.16-0.26-0.26-0.250.75-0.33-0.51
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Essent Account Relationship Matchups

Essent income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization3.3M3.4M3.0M4.5M4.1M4.2M
Interest Expense9.1M8.3M15.6M30.1M35.3M37.1M
Selling General Administrative93.1M101.3M100.3M114.9M136.4M85.2M
Total Revenue955.2M972.1M972.1M1.1B1.2B633.8M
Gross Profit800.5M805.3M800.4M890.3M1.2B1.3B
Other Operating Expenses465.1M149.8M(16.0M)114.9M1.3B1.3B
Operating Income480.3M811.9M1.0B970.2M1.1B1.2B
Ebit499.2M830.6M1.0B853.1M981.1M1.0B
Ebitda502.5M834.0M1.0B857.7M986.3M1.0B
Total Operating Expenses(474.9M)(160.2M)171.7M114.9M1.3B1.3B
Income Before Tax490.1M822.3M988.2M823.0M855.5M457.7M
Total Other Income Expense Net(446.6M)(185.4M)87.7M(147.2M)855.5M898.3M
Net Income413.0M681.8M831.4M696.4M729.4M382.4M
Income Tax Expense77.1M140.5M156.8M126.6M126.1M75.4M
Cost Of Revenue154.7M166.9M171.7M194.8M224.0M139.1M
Net Income From Continuing Ops413.0M681.8M831.4M696.4M729.4M484.8M
Net Income Applicable To Common Shares555.7M413.0M681.8M831.4M956.1M1.0B
Tax Provision77.1M140.5M156.8M126.6M126.1M108.8M
Net Interest Income(9.1M)(8.3M)(15.6M)(30.1M)(35.3M)(33.6M)
Reconciled Depreciation3.3M3.4M3.0M4.5M5.8M4.3M

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Additional Tools for Essent Stock Analysis

When running Essent's price analysis, check to measure Essent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Essent is operating at the current time. Most of Essent's value examination focuses on studying past and present price action to predict the probability of Essent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essent's price. Additionally, you may evaluate how the addition of Essent to your portfolios can decrease your overall portfolio volatility.