| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 534,987 | 370,772 |
| Realized investment losses, net | -735 | -310 |
| Income from other invested assets | 13,644 | 11,874 |
| Distribution of income from other invested assets | 8,500 | 3,327 |
| Depreciation and amortization | 3,979 | 2,714 |
| Loss on disposal of property and equipment | -66 | - |
| Stock-based compensation expense | 16,804 | 12,942 |
| Amortization of premium on investment securities | 10,511 | 7,007 |
| Deferred income tax provision | 23,394 | 21,409 |
| Accrued investment income | -728 | 2,208 |
| Accounts receivable | -1,922 | -3,786 |
| Deferred policy acquisition costs | -462 | -416 |
| Prepaid federal income tax | 856 | 7,756 |
| Other assets | 2,574 | 2,147 |
| Reserve for losses and lae | 68,272 | 35,883 |
| Unearned premium reserve | -19,402 | -13,601 |
| Other accrued liabilities | -6,923 | -9,876 |
| Net cash provided by operating activities | 626,961 | 411,104 |
| Net change in short-term investments | -123,947 | -180,990 |
| Purchase of investments available for sale | 810,914 | 602,313 |
| Proceeds from maturity and paydowns of investments available for sale | 630,876 | 414,860 |
| Proceeds from sales of investments available for sale | 10,397 | 6,226 |
| Purchase of other invested assets | 63,685 | 48,617 |
| Return of investment from other invested assets | 2,657 | 1,241 |
| Purchase of property and equipment | 6,224 | 963 |
| Net cash used in investing activities | -112,946 | -48,576 |
| Issuance of senior notes | 0 | - |
| Credit facility repayments | 0 | - |
| Treasury stock acquired | 461,499 | 339,362 |
| Payment of debt issuance costs | 0 | - |
| Dividends paid | 92,585 | 62,530 |
| Net cash used in financing activities | -554,084 | -401,892 |
| Net decrease in cash | -40,069 | -39,364 |
| Cash and cash equivalents at beginning of period | 131,480 | - |
| Cash and cash equivalents at end of period | 91,411 | - |
Essent Group Ltd. (ESNT)
Essent Group Ltd. (ESNT)