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Essent Group (Essent Group) Pre-Tax Income : $835 Mil (TTM As of Mar. 2024)


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What is Essent Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Essent Group's pretax income for the three months ended in Mar. 2024 was $214 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $835 Mil. Essent Group's pretax margin was 71.18%.

During the past 13 years, Essent Group's highest Pretax Margin was 101.65%. The lowest was 51.30%. And the median was 71.28%.


Essent Group Pre-Tax Income Historical Data

The historical data trend for Essent Group's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Essent Group Pre-Tax Income Chart

Essent Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 659.06 490.10 822.31 988.19 823.00

Essent Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 201.30 209.30 209.44 202.96 213.74

Competitive Comparison of Essent Group's Pre-Tax Income

For the Insurance - Specialty subindustry, Essent Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Essent Group's Pre-Tax Income Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Essent Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Essent Group's Pre-Tax Income falls into.



Essent Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Essent Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+822.999
=823

Essent Group's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+213.742
=214

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $835 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Essent Group  (NYSE:ESNT) Pre-Tax Income Explanation

Essent Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=213.742/300.272
=71.18%

During the past 13 years, Essent Group's highest Pretax Margin was 101.65%. The lowest was 51.30%. And the median was 71.28%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Essent Group Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Essent Group's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Essent Group (Essent Group) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
Essent Group Ltd is a private mortgage insurance company in the United States. Essent provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage and certain related expenses in the event of a default. By providing capital to mitigate mortgage credit risk, the company allows lenders to make additional mortgage financing available to prospective homeowners. Essent writes mortgage guaranty coverage in all 50 states and the District of Columbia.
Executives
Mary Lourdes Gibbons officer: Sr. VP, CLO & Assit. Secretary C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Vijay Bhasin officer: Sr. VP & Chief Risk Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
David B Weinstock officer: VP & Chief Accounting Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Douglas J Pauls director C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Aditya Dutt director RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Anu Karna director C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Robert Glanville director C/O PINE BROOK ROAD PARTNERS LLC, 42ND STREET, 50TH FLOOR, NEW YORK NY 10165
Mark Casale director, officer: CEO & President C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Mcalee Lawrence E Jr officer: Sr. VP & CFO C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
William Spiegel director C/O MONTOPELIER RE HOLDINGS LTD, MINTFLOER PLACE 8 PAR LA VILLE RD, HAMILTON BERMUDA D0 HM 08
Roy James Kasmar director C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Joseph Hissong officer: Senior Vice President C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Jeff Cashmer officer: SVP & Chief Business Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Christopher G Curran officer: SVP, Corporate Development C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Jane Chwick director C/O MARKETAXESS HOLDINGS, INC., 299 PARK AVENUE, NEW YORK NY 10171