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Side-by-side financial comparison of Essent Group Ltd. (ESNT) and IDEX Corporation (IEX). Click either name above to swap in a different company.
IDEX Corporation is the larger business by last-quarter revenue ($398.4M vs $312.4M, roughly 1.3× Essent Group Ltd.). Essent Group Ltd. runs the higher net margin — 49.6% vs 30.1%, a 19.5% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (16.7% vs -0.8%). Essent Group Ltd. produced more free cash flow last quarter ($848.7M vs $86.0M). Over the past eight quarters, Essent Group Ltd.'s revenue compounded faster (2.3% CAGR vs -29.4%).
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.
IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.
ESNT vs IEX — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $312.4M | $398.4M |
| Net Profit | $155.0M | $120.0M |
| Gross Margin | — | 99.9% |
| Operating Margin | 59.1% | 43.3% |
| Net Margin | 49.6% | 30.1% |
| Revenue YoY | -0.8% | 16.7% |
| Net Profit YoY | -7.7% | 25.7% |
| EPS (diluted) | $1.61 | $1.61 |
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.
| Q2 26 | — | $398.4M | ||
| Q1 26 | — | $407.7M | ||
| Q4 25 | $312.4M | $899.1M | ||
| Q3 25 | $311.8M | $878.7M | ||
| Q2 25 | $319.1M | $865.4M | ||
| Q1 25 | $317.6M | $814.3M | ||
| Q4 24 | $315.0M | $862.9M | ||
| Q3 24 | $316.6M | $798.2M |
| Q2 26 | — | $120.0M | ||
| Q1 26 | — | $128.3M | ||
| Q4 25 | $155.0M | $128.3M | ||
| Q3 25 | $164.2M | $127.8M | ||
| Q2 25 | $195.3M | $131.6M | ||
| Q1 25 | $175.4M | $95.5M | ||
| Q4 24 | $167.9M | $123.2M | ||
| Q3 24 | $176.2M | $119.1M |
| Q2 26 | — | 99.9% | ||
| Q1 26 | — | 94.9% | ||
| Q4 25 | — | 43.1% | ||
| Q3 25 | — | 44.5% | ||
| Q2 25 | — | 45.3% | ||
| Q1 25 | — | 45.3% | ||
| Q4 24 | — | 42.5% | ||
| Q3 24 | — | 44.3% |
| Q2 26 | — | 43.3% | ||
| Q1 26 | — | 45.0% | ||
| Q4 25 | 59.1% | 20.4% | ||
| Q3 25 | 63.9% | 21.1% | ||
| Q2 25 | 72.4% | 21.7% | ||
| Q1 25 | 65.2% | 17.4% | ||
| Q4 24 | 61.9% | 19.2% | ||
| Q3 24 | 65.6% | 21.0% |
| Q2 26 | — | 30.1% | ||
| Q1 26 | — | 31.5% | ||
| Q4 25 | 49.6% | 14.3% | ||
| Q3 25 | 52.7% | 14.5% | ||
| Q2 25 | 61.2% | 15.2% | ||
| Q1 25 | 55.2% | 11.7% | ||
| Q4 24 | 53.3% | 14.3% | ||
| Q3 24 | 55.6% | 14.9% |
| Q2 26 | — | $1.61 | ||
| Q1 26 | — | $1.71 | ||
| Q4 25 | $1.61 | $1.71 | ||
| Q3 25 | $1.67 | $1.70 | ||
| Q2 25 | $1.93 | $1.74 | ||
| Q1 25 | $1.69 | $1.26 | ||
| Q4 24 | $1.59 | $1.61 | ||
| Q3 24 | $1.65 | $1.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $586.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.8B | $4.0B |
| Total Assets | $7.4B | $6.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | $586.2M | ||
| Q1 26 | — | $580.0M | ||
| Q4 25 | — | $580.0M | ||
| Q3 25 | — | $593.8M | ||
| Q2 25 | — | $568.2M | ||
| Q1 25 | — | $594.1M | ||
| Q4 24 | — | $620.8M | ||
| Q3 24 | — | $633.2M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | — | $1.9B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.1B |
| Q2 26 | — | $4.0B | ||
| Q1 26 | — | $4.0B | ||
| Q4 25 | $5.8B | $4.0B | ||
| Q3 25 | $5.7B | $4.0B | ||
| Q2 25 | $5.7B | $4.0B | ||
| Q1 25 | $5.7B | $3.9B | ||
| Q4 24 | $5.6B | $3.8B | ||
| Q3 24 | $5.6B | $3.8B |
| Q2 26 | — | $6.9B | ||
| Q1 26 | — | $6.9B | ||
| Q4 25 | $7.4B | $6.9B | ||
| Q3 25 | $7.4B | $7.0B | ||
| Q2 25 | $7.2B | $6.9B | ||
| Q1 25 | $7.2B | $6.8B | ||
| Q4 24 | $7.1B | $6.7B | ||
| Q3 24 | $7.1B | $7.0B |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 0.45× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | — | 0.46× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.52× | ||
| Q3 24 | — | 0.55× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $856.1M | — |
| Free Cash FlowOCF − Capex | $848.7M | $86.0M |
| FCF MarginFCF / Revenue | 271.7% | 21.6% |
| Capex IntensityCapex / Revenue | 2.4% | 4.4% |
| Cash ConversionOCF / Net Profit | 5.52× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $654.3M |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $856.1M | $209.5M | ||
| Q3 25 | $215.9M | $203.5M | ||
| Q2 25 | $189.5M | $161.7M | ||
| Q1 25 | $221.6M | $105.7M | ||
| Q4 24 | $861.5M | $172.6M | ||
| Q3 24 | $229.2M | $205.3M |
| Q2 26 | — | $86.0M | ||
| Q1 26 | — | $189.8M | ||
| Q4 25 | $848.7M | $189.8M | ||
| Q3 25 | $210.6M | $188.7M | ||
| Q2 25 | $188.8M | $146.9M | ||
| Q1 25 | $221.3M | $91.4M | ||
| Q4 24 | $854.8M | $157.1M | ||
| Q3 24 | $228.7M | $191.6M |
| Q2 26 | — | 21.6% | ||
| Q1 26 | — | 46.6% | ||
| Q4 25 | 271.7% | 21.1% | ||
| Q3 25 | 67.5% | 21.5% | ||
| Q2 25 | 59.2% | 17.0% | ||
| Q1 25 | 69.7% | 11.2% | ||
| Q4 24 | 271.3% | 18.2% | ||
| Q3 24 | 72.2% | 24.0% |
| Q2 26 | — | 4.4% | ||
| Q1 26 | — | 15.6% | ||
| Q4 25 | 2.4% | 2.2% | ||
| Q3 25 | 1.7% | 1.7% | ||
| Q2 25 | 0.2% | 1.7% | ||
| Q1 25 | 0.1% | 1.8% | ||
| Q4 24 | 2.1% | 1.8% | ||
| Q3 24 | 0.2% | 1.7% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 5.52× | 1.63× | ||
| Q3 25 | 1.31× | 1.59× | ||
| Q2 25 | 0.97× | 1.23× | ||
| Q1 25 | 1.26× | 1.11× | ||
| Q4 24 | 5.13× | 1.40× | ||
| Q3 24 | 1.30× | 1.72× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESNT
| Mortgage Insurance Segment | $192.4M | 62% |
| Other | $120.0M | 38% |
IEX
Segment breakdown not available.
