GSHDNasdaqInsurance Agents, Brokers & ServiceFiscal year ends December 31
Goosehead Insurance, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 23, 2026
$45.54−0.86 (-1.85%)
Close on Oct 19, 2026
- Market cap
- $1.63B
- P/E (TTM)
- 44.2
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2016 to 2025
Operating margin
20.4%+3.3 pts over 5 years
Net margin
7.6%−0.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +16.2% | +20.4% | +25.6% | – | |
| Operating income | +21.8% | +94.4% | +30.1% | – | |
| Net income | -8.5% | +266.6% | +24.5% | – | |
| EPS, diluted | -10.3% | +226.1% | +15.3% | – | |
| Free cash flow | +22.0% | +49.2% | +42.5% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -133.8% | -107.8% | |
| Return on assets | – | 7.4% | 6.9% | |
| Current ratio | – | 2.49 | 1.60 | |
| Debt to equity | – | -17.00 | -3.06 | |
| Net debt to EBITDA | – | 2.41× | 3.01× | |
| Interest coverage | – | 8.6× | 3.1× | |
| Capex to revenue | – | 8.5% | 1.6% | |
| Diluted shares | – | 18M | 38M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Goosehead Insurance generated $285.61M from operations and spent $384.66M on capital expenditure, dividends and share buybacks. 9% of that went back into the business.
Generated
$285.61M
Used
$384.66M
Capital expenditure$33.97M9%Dividends$205.79M53%Share buybacks$144.90M38%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin7.6%
×Asset turnover0.90×
×Equity multiplier-15.74×
=Return on equity, FY2025-107.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 7.6% | 0.90× | -15.74× | -107.8% |
| FY2024 | 9.7% | 0.84× | 10.47× | 84.7% |
| FY2023 | 5.4% | 0.77× | 17.50× | 73.2% |
| FY2022 | 0.3% | 0.71× | -176.61× | -33.7% |
| FY2021 | 3.6% | 0.66× | -24.14× | -57.2% |
| FY2020 | 7.9% | 0.93× | -18.04× | -133.8% |
| FY2019 | 4.6% | 1.56× | -5.68× | -40.7% |
| FY2018 | -14.8% | 2.34× | -1.04× | 35.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$27.83M
- Cash generatingOperating cash flow above zero$91.76M
- Return on assets improvedROA up on the prior year8.6% → 7.0%
- Earnings backed by cashOperating cash flow above net income$91.76M vs $27.83M
- Less leverageLong-term debt to assets fell20.7% → 69.8%
- Better liquidityCurrent ratio rose2.34 → 1.60
- No dilutionShare count did not rise38M → 38M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.89 → 0.92