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Essent Group ESNT Mortgage Insurance — Combined ratio

Other segment segments

Reinsurance
77.9%+302%

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Other financials

Income statement

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Revenue$362.7M+13.6%
Operating income$63.8M
Net income$189.7M-2.9%
EPS (diluted)$2.08+7.8%

Balance sheet

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Cash & equivalents$74.3M-19.3%
Total debt$36.6M+1.2%
Total equity$5.7B-0.2%
Total assets$7.6B+5.1%

Cash flow

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Operating cash flow$197.1M+4.0%
CapEx$972.0K+31.0%
Free cash flow$196.1M+3.9%

Valuation

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Market cap$6.04B+2.9%
P/E8.9×+0.7×
P/S4.6×-0.1×

Profitability

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Net margin51.5%-4.9pp
FCF margin62.4%-5.8pp

Returns & leverage

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Return on equity12%-0.9pp
Debt / equity0.0×

Where this comes from

Reported directly by Essent Group in its filing.

Tagged under the XBRL concept us-gaap:CombinedRatio.

The source filing: Essent Group’s 10-Q, filed August 7, 2026. Open the filing →

Filed
Aug 7, 2026, 4:37 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001448893-26-000024

FAQ

What is Essent Group's mortgage insurance — combined ratio?
Essent Group (ESNT) reported mortgage insurance — combined ratio of 28.4% in Q2 2026.
How has Essent Group's mortgage insurance — combined ratio changed year-over-year?
Essent Group's mortgage insurance — combined ratio increased by 27.4% year-over-year, from 22.3% to 28.4%.
What is the long-term trend for Essent Group's mortgage insurance — combined ratio?
Over 3 years (2022 to 2025), Essent Group's mortgage insurance — combined ratio has grown at a 272.2% compound annual growth rate (CAGR), from -1.8% to 92.8%.
What does mortgage insurance — combined ratio mean?
The combined ratio is the sum of the loss ratio and the expense ratio, representing the overall underwriting profitability of the mortgage insurance segment. A ratio below one indicates that the segment is generating an underwriting profit, while a ratio above one indicates an underwriting loss.

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