Goosehead Insurance Past Earnings Performance
Past criteria checks 5/6
Goosehead Insurance has been growing earnings at an average annual rate of 29.1%, while the Insurance industry saw earnings growing at 4.4% annually. Revenues have been growing at an average rate of 28.6% per year. Goosehead Insurance's return on equity is 91%, and it has net margins of 6%.
Key information
29.1%
Earnings growth rate
19.5%
EPS growth rate
| Insurance Industry Growth | 5.9% |
| Revenue growth rate | 28.6% |
| Return on equity | 91.0% |
| Net Margin | 6.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Goosehead Insurance makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 266 | 16 | 67 | 0 |
| 31 Dec 23 | 260 | 14 | 66 | 0 |
| 30 Sep 23 | 254 | 11 | 63 | 0 |
| 30 Jun 23 | 241 | 6 | 63 | 0 |
| 31 Mar 23 | 225 | 3 | 62 | 0 |
| 31 Dec 22 | 208 | 1 | 59 | 0 |
| 30 Sep 22 | 191 | 0 | 56 | 0 |
| 30 Jun 22 | 175 | 2 | 51 | 0 |
| 31 Mar 22 | 160 | 4 | 47 | 0 |
| 31 Dec 21 | 150 | 5 | 43 | 0 |
| 30 Sep 21 | 145 | 8 | 40 | 0 |
| 30 Jun 21 | 135 | 7 | 36 | 0 |
| 31 Mar 21 | 127 | 9 | 31 | 0 |
| 31 Dec 20 | 116 | 9 | 27 | 0 |
| 30 Sep 20 | 95 | 6 | 23 | 0 |
| 30 Jun 20 | 85 | 3 | 22 | 0 |
| 31 Mar 20 | 74 | 1 | 21 | 0 |
| 31 Dec 19 | 77 | 4 | 20 | 0 |
| 30 Sep 19 | 78 | 4 | 19 | 0 |
| 30 Jun 19 | 73 | 4 | 18 | 0 |
| 31 Mar 19 | 68 | -6 | 17 | 0 |
| 31 Dec 18 | 60 | -9 | 14 | 0 |
| 30 Sep 18 | 56 | -9 | 13 | 0 |
| 30 Jun 18 | 51 | -9 | 11 | 0 |
| 31 Mar 18 | 47 | 0 | 10 | 0 |
| 31 Dec 17 | 42 | 0 | 10 | 0 |
| 31 Dec 16 | 31 | 5 | 6 | 0 |
Quality Earnings: 2OX has high quality earnings.
Growing Profit Margin: 2OX's current net profit margins (6%) are higher than last year (1.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2OX has become profitable over the past 5 years, growing earnings by 29.1% per year.
Accelerating Growth: 2OX's earnings growth over the past year (485%) exceeds its 5-year average (29.1% per year).
Earnings vs Industry: 2OX earnings growth over the past year (485%) exceeded the Insurance industry 10%.
Return on Equity
High ROE: Whilst 2OX's Return on Equity (90.96%) is outstanding, this metric is skewed due to their high level of debt.