KNSLNYSEFire, Marine & Casualty InsuranceFiscal year ends December 31
Kinsale Capital Group, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 23, 2026
$365.59+0.35 (+0.10%)
Close on Oct 19, 2026
- Market cap
- $8.33B
- P/E (TTM)
- 14.8
- Dividend yield
- 0.19%
Margins
Share of revenue, fiscal years 2013 to 2025
Net margin
26.9%+7.6 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 | +18.0% | +30.7% | +32.4% | +37.0% | |
| Net income | +21.4% | +46.8% | +41.6% | +36.6% | |
| EPS, diluted | +21.8% | +46.5% | +41.1% | – | |
| Free cash flow | +4.0% | +21.6% | +32.0% | +28.9% | |
| Dividend per share | +13.3% | +9.4% | +13.6% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 16.2% | 18.0% | 29.3% | |
| Return on assets | 4.5% | 6.7% | 9.2% | |
| Capex to revenue | 0.4% | 7.1% | 2.9% | |
| Diluted shares | – | 23M | 23M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Kinsale Capital generated $3.84B from operations and spent $261.68M on capital expenditure, dividends and share buybacks. 37% of that went back into the business.
Generated
$3.84B
Used
$261.68M
Capital expenditure$97.06M37%Dividends$64.62M25%Share buybacks$100.00M38%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin26.9%
×Asset turnover0.34×
×Equity multiplier3.17×
=Return on equity, FY202529.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 26.9% | 0.34× | 3.17× | 29.3% |
| FY2024 | 26.1% | 0.37× | 3.37× | 32.3% |
| FY2023 | 25.2% | 0.38× | 3.56× | 33.6% |
| FY2022 | 19.0% | 0.35× | 3.30× | 22.0% |
| FY2021 | 23.4% | 0.37× | 2.80× | 23.9% |
| FY2020 | 19.2% | 0.35× | 2.69× | 18.0% |
| FY2019 | 20.0% | 0.34× | 2.78× | 18.9% |
| FY2018 | 15.2% | 0.31× | 2.87× | 13.5% |
| FY2017 | 13.3% | 0.29× | 2.86× | 11.1% |
| FY2016 | 18.5% | 0.24× | 3.58× | 16.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$503.61M
- Cash generatingOperating cash flow above zero$1.04B
- Return on assets improvedROA up on the prior year11.0% → 10.3%
- Earnings backed by cashOperating cash flow above net income$1.04B vs $503.61M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise23M → 23M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.42 → 0.38