← Essent Group Ltd.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $222.6m |
$379.7m
+70.59%
|
$467.4m
+23.07%
|
$555.7m
+18.90%
|
$413.0m
-25.67%
|
$681.8m
+65.06%
|
$831.4m
+21.94%
|
$696.4m
-16.23%
|
$729.4m
+4.74%
|
$690.0m
-5.41%
|
— | |
| Depreciation, Depletion and Amortization | $4.1m | $3.9m | $3.4m | $3.8m | $3.3m | $3.4m | $3.0m | $4.5m | $5.8m | $5.2m | $5.0m | |
| Deferred Income Tax Expense (Benefit) | $57.6m | ($19.4m) | $50.7m | $59.5m | $38.7m | $84.0m | $58.2m | ($13.2m) | $32.2m | $48.6m | $18.9m | |
| Share-based Payment Arrangement, Noncash Expense | $16.9m | $18.7m | $15.1m | $16.6m | $18.5m | $20.8m | $18.4m | $18.4m | $24.8m | $20.8m | $18.6m | |
| Share-based Payment Arrangement, Expense | $16.9m | $18.7m | $15.1m | $16.6m | $18.5m | $20.8m | $18.4m | $18.4m | $24.8m | $20.8m | $18.6m | |
| Income (Loss) from Equity Method Investments | — | — | $111k | ($199k) | ($215k) | $56.4m | $28.7m | ($11.1m) | $7.4m | $17.6m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $5.0m | $8.2m | $7.1m | $3.8m | $8.8m | ($3.3m) | $11.2m | $2.1m | ($7.5m) | ($4.4m) | ($117.8m) | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $15.5m | $27.2m | $11.6m | $33.0m | $301.3m | $31.1m | ($174.7m) | $31.5m | $81.2m | $149.3m | — | |
| Increase (Decrease) in Other Operating Assets | $526k | $1.4m | $5.1m | $2.9m | $16.8m | $3.9m | $50.3m | ($63.0m) | $18.7m | $10.7m | — | |
| Net Cash Provided by (Used in) Operating Activities | $273.5m |
$368.6m
+34.77%
|
$625.3m
+69.66%
|
$589.8m
-5.67%
|
$727.9m
+23.41%
|
$709.3m
-2.57%
|
$588.8m
-16.98%
|
$763.0m
+29.58%
|
$861.5m
+12.91%
|
$856.1m
-0.64%
|
$834.1m
-2.57%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $3.2m | $2.8m | $4.1m | $3.4m | $2.4m | $2.5m | $4.0m | $4.0m | $6.8m | $7.4m | ($8.2m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | — | $0 | $0 | ($68k) | ($34.3m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $27.2m | $71.9m | $114.7m | $88.0m | $262.3m | $266.9m | $247.3m | $664.2m | $411.6m | $831.4m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | $86.8m | $0 | $0 | ($69.2m) | |
| Net Cash Provided by (Used in) Investing Activities | ($365.3m) | ($690.1m) | ($546.9m) | ($545.1m) | ($1.2b) | ($583.2m) | ($398.9m) | ($525.6m) | ($706.9m) | ($154.7m) | ($117.2m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | $4.0m | $7.6m | $31.4m | $9.0m | $6.4m | $163.9m | $97.9m | $70.7m | $111.5m | $587.7m | — | |
| Payments of Ordinary Dividends, Common Stock | — | — | — | $29.3m | $69.4m | $77.7m | $92.1m | $106.2m | $118.0m | $122.1m | ($123.7m) | |
| Proceeds from Issuance of Common Stock | $0 | $197.8m | $0 | $0 | $440.0m | $0 | $0 | — | — | — | $0 | |
| Proceeds from (Payments for) Other Financing Activities | $142k | $0 | $0 | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $94.8m |
$337.6m
+256.21%
|
($57.0m)
-116.88%
|
($38.4m)
+32.68%
|
$458.0m
+1293.61%
|
($147.4m)
-132.19%
|
($190.2m)
-29.01%
|
($176.9m)
+7.00%
|
($164.9m)
+6.77%
|
($709.7m)
-330.38%
|
($734.7m)
-3.52%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $2.9m | $16.0m | $21.4m | $6.4m | $31.5m | ($21.3m) | ($251k) | $60.5m | ($10.3m) | ($8.4m) | $74.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $71.3m | $102.8m | $81.5m | $81.2m | $141.8m | $131.5m | $123.0m | $74.3m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $9.5m | $9.9m | $8.3m | $7.0m | $13.6m | $28.6m | $17.2m | $31.2m | — | |
| Income Taxes Paid, Net | $30.8m | $40.3m | $29.3m | ($59.5m) | ($40.8m) | ($58.2m) | ($57.6m) | ($52.2m) | ($19.0m) | $91.2m | — | |
| Additional Financial Items | ||||||||||||
| Accretion Expense | $0 | — | — | — | — | — | — | — | — | — | — | |
| Goodwill | — | — | — | — | — | — | — | — | $48.8m | $48.8m | — | |
| Income Tax Expense (Benefit) | $89.3m | $18.8m | $79.3m | $103.3m | $77.1m | $140.5m | $156.8m | $126.6m | $126.1m | $131.9m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $35.3m | $32.7m | — | |
| Realized Investment Gains (Losses) | $1.9m | $2.0m | $1.3m | $3.2m | $2.7m | $418k | ($13.2m) | ($7.2m) | ($2.4m) | ($923k) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.