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Side-by-side financial comparison of Essent Group Ltd. (ESNT) and FIRST ADVANTAGE CORP (FA). Click either name above to swap in a different company.

FIRST ADVANTAGE CORP is the larger business by last-quarter revenue ($420.0M vs $312.4M, roughly 1.3× Essent Group Ltd.). Essent Group Ltd. runs the higher net margin — 49.6% vs 0.8%, a 48.8% gap on every dollar of revenue. On growth, FIRST ADVANTAGE CORP posted the faster year-over-year revenue change (36.8% vs -0.8%). Essent Group Ltd. produced more free cash flow last quarter ($848.7M vs $62.2M). Over the past eight quarters, FIRST ADVANTAGE CORP's revenue compounded faster (57.5% CAGR vs 2.3%).

Essentra PLC is a supplier of plastic and fibre products. The company operates internationally from headquarters in Kidlington, Oxfordshire. It is listed on the London Stock Exchange.

First Advantage Corp is a leading global provider of end-to-end workforce screening and background verification solutions. It serves clients across diverse sectors including technology, healthcare, finance, retail, and manufacturing, ranging from small businesses to large multinational enterprises, helping reduce hiring risks, meet regulatory requirements, and build secure, trusted work environments globally.

ESNT vs FA — Head-to-Head

Bigger by revenue
FA
FA
1.3× larger
FA
$420.0M
$312.4M
ESNT
Growing faster (revenue YoY)
FA
FA
+37.6% gap
FA
36.8%
-0.8%
ESNT
Higher net margin
ESNT
ESNT
48.8% more per $
ESNT
49.6%
0.8%
FA
More free cash flow
ESNT
ESNT
$786.5M more FCF
ESNT
$848.7M
$62.2M
FA
Faster 2-yr revenue CAGR
FA
FA
Annualised
FA
57.5%
2.3%
ESNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ESNT
ESNT
FA
FA
Revenue
$312.4M
$420.0M
Net Profit
$155.0M
$3.5M
Gross Margin
Operating Margin
59.1%
10.7%
Net Margin
49.6%
0.8%
Revenue YoY
-0.8%
36.8%
Net Profit YoY
-7.7%
103.5%
EPS (diluted)
$1.61
$0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ESNT
ESNT
FA
FA
Q4 25
$312.4M
$420.0M
Q3 25
$311.8M
$409.2M
Q2 25
$319.1M
$390.6M
Q1 25
$317.6M
$354.6M
Q4 24
$315.0M
$307.1M
Q3 24
$316.6M
$199.1M
Q2 24
$312.9M
$184.5M
Q1 24
$298.4M
$169.4M
Net Profit
ESNT
ESNT
FA
FA
Q4 25
$155.0M
$3.5M
Q3 25
$164.2M
$2.6M
Q2 25
$195.3M
$308.0K
Q1 25
$175.4M
$-41.2M
Q4 24
$167.9M
$-100.4M
Q3 24
$176.2M
$-8.9M
Q2 24
$203.6M
$1.9M
Q1 24
$181.7M
$-2.9M
Operating Margin
ESNT
ESNT
FA
FA
Q4 25
59.1%
10.7%
Q3 25
63.9%
10.3%
Q2 25
72.4%
9.7%
Q1 25
65.2%
2.1%
Q4 24
61.9%
-26.3%
Q3 24
65.6%
4.6%
Q2 24
76.4%
5.4%
Q1 24
71.6%
-0.4%
Net Margin
ESNT
ESNT
FA
FA
Q4 25
49.6%
0.8%
Q3 25
52.7%
0.6%
Q2 25
61.2%
0.1%
Q1 25
55.2%
-11.6%
Q4 24
53.3%
-32.7%
Q3 24
55.6%
-4.4%
Q2 24
65.1%
1.0%
Q1 24
60.9%
-1.7%
EPS (diluted)
ESNT
ESNT
FA
FA
Q4 25
$1.61
$0.03
Q3 25
$1.67
$0.01
Q2 25
$1.93
$0.00
Q1 25
$1.69
$-0.24
Q4 24
$1.59
$-0.67
Q3 24
$1.65
$-0.06
Q2 24
$1.91
$0.01
Q1 24
$1.70
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ESNT
ESNT
FA
FA
Cash + ST InvestmentsLiquidity on hand
$240.0M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$5.8B
$1.3B
Total Assets
$7.4B
$3.8B
Debt / EquityLower = less leverage
1.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESNT
ESNT
FA
FA
Q4 25
$240.0M
Q3 25
$216.8M
Q2 25
$184.3M
Q1 25
$172.0M
Q4 24
$168.7M
Q3 24
$307.4M
Q2 24
$269.6M
Q1 24
$246.0M
Total Debt
ESNT
ESNT
FA
FA
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$2.1B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ESNT
ESNT
FA
FA
Q4 25
$5.8B
$1.3B
Q3 25
$5.7B
$1.3B
Q2 25
$5.7B
$1.3B
Q1 25
$5.7B
$1.3B
Q4 24
$5.6B
$1.3B
Q3 24
$5.6B
$920.7M
Q2 24
$5.4B
$913.3M
Q1 24
$5.2B
$907.7M
Total Assets
ESNT
ESNT
FA
FA
Q4 25
$7.4B
$3.8B
Q3 25
$7.4B
$3.9B
Q2 25
$7.2B
$3.9B
Q1 25
$7.2B
$3.9B
Q4 24
$7.1B
$3.9B
Q3 24
$7.1B
$1.7B
Q2 24
$6.7B
$1.6B
Q1 24
$6.6B
$1.6B
Debt / Equity
ESNT
ESNT
FA
FA
Q4 25
1.61×
Q3 25
1.64×
Q2 25
1.65×
Q1 25
1.69×
Q4 24
1.66×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ESNT
ESNT
FA
FA
Operating Cash FlowLast quarter
$856.1M
$65.9M
Free Cash FlowOCF − Capex
$848.7M
$62.2M
FCF MarginFCF / Revenue
271.7%
14.8%
Capex IntensityCapex / Revenue
2.4%
0.9%
Cash ConversionOCF / Net Profit
5.52×
19.01×
TTM Free Cash FlowTrailing 4 quarters
$1.5B
$188.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESNT
ESNT
FA
FA
Q4 25
$856.1M
$65.9M
Q3 25
$215.9M
$72.4M
Q2 25
$189.5M
$37.3M
Q1 25
$221.6M
$19.5M
Q4 24
$861.5M
$-85.7M
Q3 24
$229.2M
$43.5M
Q2 24
$188.7M
$32.0M
Q1 24
$216.9M
$38.3M
Free Cash Flow
ESNT
ESNT
FA
FA
Q4 25
$848.7M
$62.2M
Q3 25
$210.6M
$71.2M
Q2 25
$188.8M
$36.1M
Q1 25
$221.3M
$19.0M
Q4 24
$854.8M
$-86.0M
Q3 24
$228.7M
$43.1M
Q2 24
$187.6M
$31.4M
Q1 24
$212.5M
$38.0M
FCF Margin
ESNT
ESNT
FA
FA
Q4 25
271.7%
14.8%
Q3 25
67.5%
17.4%
Q2 25
59.2%
9.2%
Q1 25
69.7%
5.4%
Q4 24
271.3%
-28.0%
Q3 24
72.2%
21.6%
Q2 24
60.0%
17.0%
Q1 24
71.2%
22.4%
Capex Intensity
ESNT
ESNT
FA
FA
Q4 25
2.4%
0.9%
Q3 25
1.7%
0.3%
Q2 25
0.2%
0.3%
Q1 25
0.1%
0.1%
Q4 24
2.1%
0.1%
Q3 24
0.2%
0.2%
Q2 24
0.3%
0.4%
Q1 24
1.5%
0.2%
Cash Conversion
ESNT
ESNT
FA
FA
Q4 25
5.52×
19.01×
Q3 25
1.31×
27.91×
Q2 25
0.97×
121.25×
Q1 25
1.26×
Q4 24
5.13×
Q3 24
1.30×
Q2 24
0.93×
17.22×
Q1 24
1.19×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ESNT
ESNT

Mortgage Insurance Segment$192.4M62%
Other$120.0M38%

FA
FA

First Advantage Americas$209.9M50%
Sterling$185.9M44%
First Advantage International$24.2M6%

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