ESNT on NYSE
Essent Group Ltd.
Surety insurance company based in Hamilton, Bermuda, incorporated in Bermuda.
Price unavailable
Last updated Oct 18, 2026.
Overview
Compare with Mortgage Guaranty Insurance Corporation, Radian Group or NMI Holdings, Inc., or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Mortgage Insurance brought in 92% of the revenue Essent Group Ltd. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Mortgage Insurance | $955.0M | $1.0B | $1.1B |
| Reinsurance | $97.6M | $97.0M | $89.6M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs35¢$439.1M
- Income tax10¢$131.9M
- Profit55¢$690.0M
Out of $1.3B in revenue.3
Where each dollar of operating cash went, fiscal 2025
- Capital spending1¢$7.4M
- Dividends paid14¢$122.1M
- Share buybacks69¢$587.7M
- Kept or used elsewhere16¢$138.9M
Out of $856.1M of cash from operations.3
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net premiums written | $959.5M | $966.6M | $894.3M |
| Decrease in unearned premiums | $24.3M | $24.3M | $22.6M |
| Net premiums earned | $983.7M | $990.9M | $916.9M |
| Net investment income | $236.5M | $222.1M | $186.1M |
| Realized investment gains (losses), net | -$923.0K | -$2.4M | -$7.2M |
| Income from other invested assets | $17.6M | $7.4M | -$11.1M |
| Other income | $24.0M | $24.9M | $25.0M |
| Total revenues | $1.3B | $1.2B | $1.1B |
| Provision for losses and LAE | $149.3M | $81.2M | $31.5M |
| Other underwriting and operating expenses | $257.0M | $270.9M | $225.1M |
| Interest Expense, Operating | $32.7M | $35.3M | $30.1M |
| Total losses and expenses | $439.1M | $387.4M | $286.8M |
| Income (loss) before income taxes | $821.9M | $855.5M | $823.0M |
| Income tax expense | $131.9M | $126.1M | $126.6M |
| Net income | $690.0M | $729.4M | $696.4M |
| Basic (in dollars per share) | $6.97 | $6.92 | $6.56 |
| Diluted (in dollars per share) | $6.90 | $6.85 | $6.50 |
| Basic (in shares) | 99.0M shares | 105.4M shares | 106.2M shares |
| Diluted (in shares) | 100.0M shares | 106.5M shares | 107.1M shares |
| Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $26,691 in 2025, $(7,818) in 2024 and $17,944 in 2023 | $152.0M | -$23.5M | $102.3M |
| Total other comprehensive income (loss) | $152.0M | -$23.5M | $102.3M |
| Comprehensive income | $842.0M | $705.9M | $798.7M |
| Change in unrealized (depreciation) appreciation of investments, tax (benefit) expense | $26.7M | -$7.8M | $17.9M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total investments available for sale | $6.1B | $5.9B | ||
| Other invested assets | $382.5M | $303.9M | ||
| Total investments | $6.5B | $6.2B | ||
| Cash | $123.0M | $131.5M | ||
| Accrued investment income | $47.4M | $43.7M | ||
| Accounts receivable | $51.3M | $55.6M | ||
| Deferred policy acquisition costs | $9.5M | $9.7M | ||
| Property, equipment and software (at cost, less accumulated depreciation of $71,466 in 2025 and $72,270 in 2024) | $49.2M | $41.9M | ||
| Prepaid federal income tax | $513.4M | $489.6M | ||
| Goodwill and acquired intangible assets, net | $78.2M | $79.6M | ||
| Other assets | $82.4M | $79.6M | ||
| Total assets | $7.4B | $7.1B | ||
| Reserve for losses and LAE | $446.8M | $328.9M | $260.1M | $216.5M |
| Unearned premium reserve | $91.7M | $116.0M | ||
| Net deferred tax liability | $465.4M | $392.4M | ||
| Senior notes due 2029, net | $495.3M | $494.0M | ||
| Other accrued liabilities | $185.1M | $176.8M | ||
| Total liabilities | $1.7B | $1.5B | ||
| Common shares, $0.015 par value: Authorized - 233,333; issued and outstanding - 95,456 shares in 2025 and 105,015 shares in 2024 | $1.4M | $1.6M | ||
| Additional paid-in capital | $649.9M | $1.2B | ||
| Accumulated other comprehensive income (loss) | -$152.0M | -$304.0M | ||
| Retained earnings | $5.3B | $4.7B | ||
| Total stockholders' equity | $5.8B | $5.6B | $5.1B | |
| Total liabilities and stockholders' equity | $7.4B | $7.1B | ||
| Amortized Cost | $6.3B | $6.2B | ||
| Accumulated depreciation | $71.5M | $72.3M | ||
| Common shares, par value (in dollars per share) | $0.01 | $0.01 | ||
| Common shares, authorized (in shares) | 233.3M shares | 233.3M shares | ||
| Common shares, issued (in shares) | 95.5M shares | 105.0M shares | ||
| Common shares, outstanding (in shares) | 95.5M shares | 105.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total investments available for sale | $6.1B | $5.9B | ||
| Other invested assets | $382.5M | $303.9M | ||
| Total investments | $6.5B | $6.2B | ||
| Cash | $123.0M | $131.5M | ||
| Accrued investment income | $47.4M | $43.7M | ||
| Accounts receivable | $51.3M | $55.6M | ||
| Deferred policy acquisition costs | $9.5M | $9.7M | ||
| Property, equipment and software (at cost, less accumulated depreciation of $71,466 in 2025 and $72,270 in 2024) | $49.2M | $41.9M | ||
| Prepaid federal income tax | $513.4M | $489.6M | ||
| Goodwill and acquired intangible assets, net | $78.2M | $79.6M | ||
| Other assets | $82.4M | $79.6M | ||
| Total assets | $7.4B | $7.1B | ||
| Reserve for losses and LAE | $446.8M | $328.9M | $260.1M | $216.5M |
| Unearned premium reserve | $91.7M | $116.0M | ||
| Net deferred tax liability | $465.4M | $392.4M | ||
| Senior notes due 2029, net | $495.3M | $494.0M | ||
| Other accrued liabilities | $185.1M | $176.8M | ||
| Total liabilities | $1.7B | $1.5B | ||
| Common shares, $0.015 par value: Authorized - 233,333; issued and outstanding - 95,456 shares in 2025 and 105,015 shares in 2024 | $1.4M | $1.6M | ||
| Additional paid-in capital | $649.9M | $1.2B | ||
| Accumulated other comprehensive income (loss) | -$152.0M | -$304.0M | ||
| Retained earnings | $5.3B | $4.7B | ||
| Total stockholders' equity | $5.8B | $5.6B | $5.1B | |
| Total liabilities and stockholders' equity | $7.4B | $7.1B | ||
| Amortized Cost | $6.3B | $6.2B | ||
| Accumulated depreciation | $71.5M | $72.3M | ||
| Common shares, par value (in dollars per share) | $0.01 | $0.01 | ||
| Common shares, authorized (in shares) | 233.3M shares | 233.3M shares | ||
| Common shares, issued (in shares) | 95.5M shares | 105.0M shares | ||
| Common shares, outstanding (in shares) | 95.5M shares | 105.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $690.0M | $729.4M | $696.4M |
| Realized investment losses, net | $923.0K | $2.4M | $7.2M |
| (Income) loss from other invested assets | -$17.6M | -$7.4M | $11.1M |
| Distribution of income from other invested assets | $12.7M | $13.8M | $7.4M |
| Depreciation and amortization | $5.2M | $5.8M | $4.5M |
| Loss on disposal of property and equipment | $68.0K | $0 | $0 |
| Stock-based compensation expense | $20.8M | $24.8M | $18.4M |
| Amortization of premium on investment securities | $14.4M | $20.2M | $14.9M |
| Deferred income tax provision (benefit) | $48.6M | $32.2M | -$13.2M |
| Accrued investment income | -$3.6M | -$8.0M | -$2.5M |
| Accounts receivable | $4.4M | $7.5M | -$2.1M |
| Deferred policy acquisition costs | $106.0K | -$515.0K | $771.0K |
| Prepaid federal income tax | -$23.8M | -$19.0M | -$52.2M |
| Other assets | -$10.7M | -$18.7M | $63.0M |
| Reserve for losses and LAE | $118.0M | $68.8M | $29.0M |
| Unearned premium reserve | -$24.3M | -$24.3M | -$22.6M |
| Other accrued liabilities | $20.9M | $34.6M | $2.9M |
| Net cash provided by operating activities | $856.1M | $861.5M | $763.0M |
| Net change in short-term investments | $115.5M | $164.7M | -$655.6M |
| Purchase of investments available for sale | -$1.1B | -$1.6B | -$1.1B |
| Proceeds from maturities and paydowns of investments available for sale | $831.4M | $411.6M | $664.2M |
| Proceeds from sales of investments available for sale | $99.8M | $415.1M | $707.5M |
| Purchase of other invested assets | -$77.8M | -$39.1M | -$40.0M |
| Return of investment from other invested assets | $4.1M | $5.9M | $5.2M |
| Net cash paid in acquisition | $0 | $0 | -$86.8M |
| Purchase of intangible assets | $0 | -$10.0M | $0 |
| Purchases of property and equipment and capitalization of internal-use software | -$7.4M | -$6.8M | -$4.0M |
| Net cash used in investing activities | -$154.7M | -$706.9M | -$525.6M |
| Issuance of senior notes | $0 | $498.2M | $0 |
| Credit facility repayments | $0 | -$425.0M | $0 |
| Treasury stock acquired | -$587.7M | -$111.5M | -$70.7M |
| Payment of debt issuance costs | $0 | -$8.5M | $0 |
| Dividends paid | -$122.1M | -$118.0M | -$106.2M |
| Net cash used in financing activities | -$709.7M | -$164.9M | -$176.9M |
| Net (decrease) increase in cash | -$8.4M | -$10.3M | $60.5M |
| Income tax payments | -$91.2M | -$92.5M | -$139.7M |
| Interest payments | -$31.2M | -$17.2M | -$28.6M |
| Property, equipment, and capitalized internal-use software costs included in other liabilities | $3.6M | $0 | $0 |
| Operating lease liabilities arising from obtaining right-of-use assets | $4.9M | $2.1M | $23.7M |
No quarter-by-quarter statement was filed.
Leadership
Who has led Essent Group Ltd., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
President
Chief financial officer
201520202025
- Chief executive officerMark Casale Oct 30, 2013 to now11
- ChairMark Casale Feb 19, 2014 to now12
- PresidentMark Casale Oct 30, 2013 to now11
- Chief financial officerDavid B. Weinstock Sep 14, 2022 to now13
- Chief financial officerLawrence E. McAlee Jr. Oct 30, 2013 to Jun 15, 202214
Board members and other officers (23)
- SVP, Corporate DevelopmentChristopher G. Curran Feb 20, 2019 to now15
- SVP & Chief Business OfficerJeff Cashmer May 5, 2016 to Sep 14, 202116
- Senior Vice PresidentJoseph Hissong May 5, 2016 to Mar 23, 202117
- Executive Vice PresidentAdolfo Marzol Oct 30, 2013 to Mar 3, 201518
- VP & Chief Accounting OfficerDavid B. Weinstock Oct 30, 2013 to Jun 15, 202219
- Sr. VP & Chief Risk OfficerVijay Bhasin Oct 30, 2013 to now20
- Board memberMartin P. Connor Feb 17, 2026 to now21
- Board memberDavid Benson May 9, 2025 to now22
- Board memberApril Joyce Galda Aug 14, 2025 to now23
- Board memberAnu Karna Aug 10, 2022 to now24
- Board memberAngela L. Heise May 14, 2018 to now25
- Board memberJane Chwick May 14, 2018 to Dec 14, 202126
- Board memberAdolfo Marzol May 5, 2016 to May 5, 201627
- Board memberAditya Dutt Oct 30, 2013 to now28
- Board memberAllan Levine Oct 30, 2013 to now29
- Board memberAndrew Turnbull Oct 30, 2013 to May 4, 201830
- Board memberMark Casale Oct 30, 2013 to Nov 5, 201311
- Board memberRobert Glanville Oct 30, 2013 to now31
- Board memberRoy James Kasmar Oct 30, 2013 to now32
- Board memberVipul Tandon Oct 30, 2013 to May 11, 201533
- Board memberWilliam Spiegel Oct 30, 2013 to now34
- Board memberDouglas J. Pauls Dec 10, 2013 to now35
- General counselMary Lourdes Gibbons Oct 30, 2013 to now36
Timeline
Filings
557 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 29 major events, 431 insider forms, 26 large holders, 51 other. The latest 20:
- Sep 17, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 2026144 EDGAR
- Sep 14, 2026144 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 14, 20264 EDGAR
- Sep 8, 20264 EDGAR
- Aug 25, 20264 EDGAR
- Aug 24, 2026144 EDGAR
The 557 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 26 such filings since October 2021, the latest 10:
- Aug 6, 2026SCHEDULE 13G/A
- Apr 28, 2026SCHEDULE 13G
- Apr 28, 2026SCHEDULE 13G
- Mar 26, 2026SCHEDULE 13G/A
- Feb 13, 2026SCHEDULE 13G/A
- Nov 13, 2025SCHEDULE 13G
- May 12, 2025SCHEDULE 13G/A
- Apr 30, 2025SCHEDULE 13G/A
- Apr 15, 2025SCHEDULE 13G
- Feb 13, 2025SCHEDULE 13G/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Members of Congress who traded it
4 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Jun 17, 2025 | Lisa C. McClainRepublican, House | Sale | $1,001 - $15,000 | +17.5% | Report |
| Jun 11, 2025 | Lisa C. McClainRepublican, House | Buy | $1,001 - $15,000 | −17.8% | Report |
| Apr 16, 2019 | Donna Shalala, House | Sale | $1,001 - $15,000 | +124.4% | Report |
| Mar 6, 2019 | Donna Shalala, House | Buy | $1,001 - $15,000 | −130.0% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11SEC EDGARMark Casale, Chief executive officer
- 12SEC EDGARMark Casale, Chair
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21SEC EDGARMartin P. Connor, Board member
- 22SEC EDGARDavid Benson, Board member
- 23SEC EDGARApril Joyce Galda, Board member
- 24SEC EDGARAnu Karna, Board member
- 25SEC EDGARAngela L. Heise, Board member
- 26SEC EDGARJane Chwick, Board member
- 27SEC EDGARAdolfo Marzol, Board member
- 28SEC EDGARAditya Dutt, Board member
- 29SEC EDGARAllan Levine, Board member
- 30SEC EDGARAndrew Turnbull, Board member
- 31SEC EDGARRobert Glanville, Board member
- 32SEC EDGARRoy James Kasmar, Board member
- 33SEC EDGARVipul Tandon, Board member
- 34SEC EDGARWilliam Spiegel, Board member
- 35SEC EDGARDouglas J. Pauls, Board member
- 36
- 37