Goosehead Insurance, Inc. GSHD

Financials SIC 6411 - Insurance Agents, Brokers & Service NAICS Finance and Insurance › Insurance Carriers and Related Activities › Agencies, Brokerages, and Other Insurance Related Activities › Insurance Agencies and Brokerages derived Nasdaq

We are a rapidly growing independent insurance agency, reinventing the traditional approach to distributing personal lines policies throughout the United States. Our differentiated business model and innovative technology platform have enabled us to deliver insurance customers a superior experience, as evidenced by our 77 Net Promoter Score, which is 3.5x the 2024 Industry Average according to Qualtrics XM Institute. To fully appreciate the value of our model, there are three lenses with which you can view us – from the perspective of 1) the insurance buyer; 2) the agent; and 3) the carrier.

Insurance buyers desire to have the right coverage, based on their risk tolerance, at the lowest possible price, written with a reputable company who will respond quickly and fairly when they need to file a claim – desires that we believe only an independent insurance agent can fulfill. Clients want to accomplish this in a simple, fast, and convenient way that leverages technology to make the client experience effortless. We have built a model that combines a choice product portfolio, knowledgeable sales and service agents, and proprietary technology to deliver on these expectations.

Last close 48.50 2026-10-23
Market cap $1.15B estimated share count
52-week range 33.68 - 79.85

Valuation FY2025 figures against the last close

P/S3.1x
P/E46.6x
P/FCF13.4x
EV/EBITDA16.4x
Dividend yield12.7%
Diluted EPS1.04

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $365.3M$0$0$209.4M$151.3M$117.0M$77.5M$60.1M$42.7M—
SG&A $81.4M$67.1M$62.1M$52.9M$39.8M$25.0M$19.0M$13.1M$8.6M—
Total operating expenses $290.9M$253.4M$228.3M$199.3M$142.6M$97.1M$63.4M$74.1M$35.1M—
Operating income $74.4M$61.1M$33.0M$10.1M$8.7M$19.9M$14.1M-$13.9M$7.6M—
Interest expense $23.8M$7.3M$6.6M$5.0M$2.9M$2.3M$2.4M$4.3M$2.5M—
Pre-tax income $50.8M$46.7M$26.4M$5.1M$6.0M$17.7M$11.7M-$18.2M$8.7M—
Income tax $6.4M$2.4M$2.7M$2.5M$2.3M$1.0M$1.3M$449.0K$0—
Net income $27.8M$30.4M$14.1M$565.0K$5.4M$9.3M$3.6M-$8.9M$0—
EPS, basic 1.111.230.590.030.280.550.24-0.66——
EPS, diluted 1.041.160.550.030.260.510.22-0.66——
Shares, diluted (wtd. avg.) 38.1M38.3M38.4M21.8M20.8M18.4M16.1M13.6M——

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $34.4M$54.3M$42.0M$30.4M$30.5M$26.2M$15.3M$19.0M$5.4M$3.8M
Total current assets $93.2M$108.6M$74.6M$54.1M$50.3M$50.6M$26.7M$22.8M$7.7M—
Property, plant and equipment $21.5M$24.1M$30.3M$35.3M$24.9M$16.6M$9.5M$7.6M$6.8M—
Other intangibles $39.7M$25.1M$17.3M$4.5M$2.8M$549.0K$445.0K$248.0K$216.0K—
Total assets $414.9M$397.7M$354.9M$321.4M$270.3M$185.8M$64.6M$34.8M$16.7M—
Accounts payable $33.6M$22.9M$16.4M$16.0M$13.0M$8.1M$5.0M$4.0M$2.8M—
Short-term debt $3.0M$10.1M$9.4M$6.9M$4.4M$3.5M$4.0M$2.5M$500.0K—
Total current liabilities $58.3M$46.5M$40.9M$37.1M$30.3M$20.4M$13.4M$7.8M$5.8M—
Long-term debt $289.5M$82.3M$67.6M$86.7M$118.4M$79.4M$42.2M$45.9M$48.2M—
Total liabilities $577.7M$358.6M$338.1M$355.0M$339.5M$224.2M$95.6M$60.0M$57.8M—
Retained earnings -$133.4M-$15.4M-$45.8M-$60.6M-$60.7M-$34.6M-$23.8M-$20.8M$0—
Total equity -$95.5M$43.9M$16.8M-$33.6M-$69.2M-$38.4M-$31.0M-$25.2M-$41.1M-$24.2M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $91.8M$71.5M$50.8M$36.0M$35.4M$24.6M$21.2M$10.3M$13.5M—
Depreciation and amortisation $11.3M$10.5M$9.2M$7.1M$5.1M$3.6M$2.1M$2.5M$876.0K—
Stock-based compensation $23.4M$28.0M$24.0M$19.6M$7.3M$4.7M$1.5M$27.0M$0—
Capital expenditure $5.7M$979.0K$4.5M$10.1M$12.7M$10.0M$3.7M$2.1M$6.2M—
Investing cash flow -$23.5M-$12.4M-$19.2M-$12.6M-$15.4M-$10.3M-$4.1M-$2.2M-$6.1M—
Financing cash flow -$88.2M-$45.2M-$18.0M-$23.6M-$15.8M-$3.3M-$20.9M$5.6M-$6.2M—
Dividends paid $145.8M$0$0$0$60.0M$44.7M$18.7M$80.1M$25.5M—
Buybacks $81.7M$63.2M$0$0——————

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001726978-26-000010.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -100M 0 100M 200M 300M 400M Revenue, FY2017: 42.7M Net income, FY2017: 0 Revenue, FY2018: 60.1M Net income, FY2018: -8.9M Revenue, FY2019: 77.5M Net income, FY2019: 3.6M Revenue, FY2020: 117M Net income, FY2020: 9.3M Revenue, FY2021: 151.3M Net income, FY2021: 5.4M Revenue, FY2022: 209.4M Net income, FY2022: 565K Revenue, FY2023: 0 Net income, FY2023: 14.1M Revenue, FY2024: 0 Net income, FY2024: 30.4M Revenue, FY2025: 365.3M Net income, FY2025: 27.8M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — $42.7M $60.1M $77.5M $117.0M $151.3M $209.4M $0 $0 $365.3M
Gross profit — — — — — — — — — —
Net income — $0 -$8.9M $3.6M $9.3M $5.4M $565.0K $14.1M $30.4M $27.8M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Other event Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 6411

TickerCompanyMarket capP/ERevenue growth
MRSH MARSH & MCLENNAN COMPANIES, INC. $94.24B 23.4x 10.3%
AJG Arthur J. Gallagher & Co. $68.70B 46.7x 20.7%
AON Aon plc $64.38B 17.8x 9.4%
WTW WILLIS TOWERS WATSON PLC $30.18B 20.0x -2.3%
BRO BROWN & BROWN, INC. $24.42B 23.1x 22.8%
EQH Equitable Holdings, Inc. $14.40B — -6.1%
ACT Enact Holdings, Inc. $6.58B 10.6x 2.8%
ARX Accelerant Holdings $4.32B — 51.5%