ESNT Essent Group margins

Relative Growth: Rel. Growth: 57

Relative Strength: Rel. Strength: 63

Relative Valuation: Rel. Valuation: 75

Relative Profitability: Rel. Profitability: 83

Gross margin

85%

Operating margin

64.5%

EBITDA margin

64.9%

Net margin

51.5%

The Essent Group shows a gross margin of 85%, an operating margin of 64.5%, an EBITDA margin of 64.9%, and a net margin of 51.5%. Gross margin drove the decline across the available margins, decreasing by 5.5 percentage points.

ESNT margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Essent Group's margins averaged 91.9% gross, 70.76% operating, 71.19% EBITDA, and 57.58% net. Each of the four current margins is below its three-year average.

ESNT margin expansion

Year-over-year margin changes in percentage points

Gross margin led the decline, falling by 5.5 percentage points, while the other available margins also decreased.

Gross margin expansion

-5.5pp

Operating margin expansion

-4.6pp

EBITDA margin expansion

-4.7pp

Net margin expansion

-4.9pp

ESNT Gross margin

Throughout the last 3 years, Essent Group had an average gross margin of 91.9%. Against its three-year average, Essent Group's gross margin is currently 85%, 6.9 percentage points below its three-year average. Looking back over the last 3 years, Essent Group's gross margin reached 97.2% at its highest point in Dec 2023 and 85% at its lowest in Jun 2026.

ESNT Operating margin

The average operating margin for Essent Group was 70.76% in the last 3 years. The latest operating margin for Essent Group is 64.5%, 6.3 percentage points below its three-year average. The operating margin for Essent Group moved between 64.5% in Jun 2026 and 76.9% in Dec 2023.

ESNT EBITDA margin

Across the last 3 years, Essent Group's EBITDA margin stood at 71.19%. The current EBITDA margin stands at 64.9%, 6.3 percentage points below its three-year average. EBITDA margin was highest at 77.3% in Dec 2023 and lowest at 64.9% in Jun 2026.

ESNT Net margin

Across the last 3 years, Essent Group's net margin stood at 57.58%. The latest net margin for Essent Group is 51.5%, 6.1 percentage points below its three-year average. Net margin was highest at 62.8% in Dec 2023 and lowest at 51.5% in Jun 2026.

ESNT margin group comparison

Margins compared with peer-group, industry and sector averages

Essent Group's gross margin of 85% is above the Financial Services sector, the industry and its peers average. But compared to its Financial Services sector average of 83.7%, Essent Group's gross margin is only 1.6% higher.

ESNT margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Essent Group's gross margin?

The current gross margin for ESNT is 85% as of Jun 30, 2026.

What is Essent Group's operating margin?

As of Jun 30, 2026, ESNT has an operating margin of 64.5%.

What is Essent Group's EBITDA margin?

As of Jun 30, 2026, ESNT has an EBITDA margin of 64.9%.

What is Essent Group's net margin?

For the period ending Jun 30, 2026, ESNT recorded a net margin of 51.5%.

What are the average margins of ESNT?

Over the last 3 years, Essent Group's margins averaged 91.9% gross, 70.8% operating, 71.2% EBITDA, and 57.6% net.

What are the highest historical margins of ESNT?

Essent Group's highest recorded margins during the past 5 years were 118.5% gross in Jun 2022, 102.6% operating in Jun 2022, 102.9% EBITDA in Jun 2022, and 85% net in Jun 2022.

What are the lowest historical margins of ESNT?

Looking back across 5 years, ESNT reached its lowest margins at 85% gross in Jun 2026, 64.5% operating in Jun 2026, 64.9% EBITDA in Jun 2026, and 51.5% net in Jun 2026.