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Kinsale Capital Group, Inc. (KNSL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Kinsale Capital Group, Inc. (KNSL) stock price & volume — 10-year historical chart
Kinsale Capital Group, Inc. (KNSL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Kinsale Capital Group, Inc. (KNSL) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 23, 2026 | $5.11vs $4.70+8.7% | $403Mvs $406M-0.6% |
| Q1 2026 | Feb 12, 2026 | $5.81vs $5.30+9.6% | $371Mvs $392M-5.6% |
| Q4 2025 | Oct 23, 2025 | $5.21vs $4.79+8.8% | $498Mvs $468M+6.4% |
| Q3 2025 | Jul 24, 2025 | $4.78vs $4.41+8.4% | $470Mvs $422M+11.2% |
Kinsale Capital Group, Inc. (KNSL) competitors in Specialty and excess surplus insurers — business model, growth, and fundamentals comparison
Kinsale Capital Group, Inc. (KNSL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Kinsale Capital Group, Inc. (KNSL) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 186.78M | 222.11M | 315.89M | 459.89M | 653.47M | 838.8M | 1.22B | 1.59B | 1.87B | 1.92B |
| Revenue Growth % | 31.89% | 18.92% | 42.22% | 45.59% | 42.09% | 28.36% | 45.98% | 29.65% | 18.04% | 17.04% |
| Medical Costs & Claims | 124.88M | 154.48M | 205.6M | 317.58M | 397.56M | 551.67M | 713.94M | 907.08M | 890.69M | 742.72M |
| Medical Cost Ratio % | 66.86% | 69.55% | 65.09% | 69.06% | 60.84% | 65.77% | 58.31% | 57.14% | 47.53% | 38.74% |
| Gross Profit | 61.89M▲ 0% | 67.64M▲ 9.3% | 110.29M▲ 63.1% | 142.31M▲ 29.0% | 255.91M▲ 79.8% | 287.13M▲ 12.2% | 510.51M▲ 77.8% | 680.44M▲ 33.3% | 983.3M▲ 44.5% | 707.86M▲ 0% |
| Gross Margin % | 33.14% | 30.45% | 34.91% | 30.94% | 39.16% | 34.23% | 41.69% | 42.86% | 52.47% | 36.92% |
| Gross Profit Growth % | -4.05% | 9.28% | 63.06% | 29.03% | 79.83% | 12.2% | 77.8% | 33.29% | 44.51% | - |
| Operating Expenses | 23.37M | 27.16M | 34.24M | 41.89M | 67.11M | 91.57M | 126.5M | 165.73M | 348.99M | 185.87M |
| OpEx / Revenue % | 12.51% | 12.23% | 10.84% | 9.11% | 10.27% | 10.92% | 10.33% | 10.44% | 18.62% | 9.69% |
| Depreciation & Amortization | 515K | 631K | 682K | 1.57M | 2.31M | 2.72M | 3.27M | 5.8M | 5.83M | 5.83M |
| Combined Ratio % | 79.38% | 81.78% | 75.92% | 78.17% | 71.11% | 76.69% | 68.64% | 67.58% | 66.15% | 48.43% |
| Operating Income | 38.52M▲ 0% | 40.48M▲ 5.1% | 76.05M▲ 87.9% | 100.41M▲ 32.0% | 188.8M▲ 88.0% | 195.56M▲ 3.6% | 384.02M▲ 96.4% | 514.72M▲ 34.0% | 634.3M▲ 23.2% | 521.99M▲ 0% |
| Operating Margin % | 20.62% | 18.22% | 24.08% | 21.83% | 28.89% | 23.31% | 31.36% | 32.42% | 33.85% | 27.23% |
| Operating Income Growth % | -2.57% | 5.09% | 87.87% | 32.03% | 88.02% | 3.58% | 96.36% | 34.03% | 23.23% | - |
| EBITDA | 39.04M | 41.11M | 76.73M | 101.99M | 191.11M | 198.28M | 387.29M | 520.52M | 640.14M | 532.95M |
| EBITDA Margin % | 20.9% | 18.51% | 24.29% | 22.18% | 29.25% | 23.64% | 31.63% | 32.79% | 34.16% | 27.8% |
| Interest Expense | 0 | 0 | 0 | 168K | 994K | 4.28M | 10.3M | 10.13M | 10.65M | 11.28M |
| Non-Operating Income | 0 | 0 | 0 | -168K | -994K | -4.28M | -10.3M | -10.13M | -10.65M | -8.11M |
| Pretax Income | 38.52M▲ 0% | 40.48M▲ 5.1% | 76.05M▲ 87.9% | 100.41M▲ 32.0% | 188.8M▲ 88.0% | 195.56M▲ 3.6% | 384.02M▲ 96.4% | 514.72M▲ 34.0% | 634.3M▲ 23.2% | 661.65M▲ 0% |
| Pretax Margin % | 20.62% | 18.22% | 24.08% | 21.83% | 28.89% | 23.31% | 31.36% | 32.42% | 33.85% | 34.51% |
| Income Tax | 13.62M | 6.69M | 12.73M | 11.99M | 36.14M | 36.45M | 75.92M | 99.87M | 130.69M | 134.71M |
| Effective Tax Rate % | 35.36% | 16.53% | 16.75% | 11.94% | 19.14% | 18.64% | 19.77% | 19.4% | 20.6% | 20.36% |
| Net Income | 24.9M▲ 0% | 33.79M▲ 35.7% | 63.32M▲ 87.4% | 88.42M▲ 39.6% | 152.66M▲ 72.7% | 159.11M▲ 4.2% | 308.09M▲ 93.6% | 414.84M▲ 34.6% | 503.61M▲ 21.4% | 526.94M▲ 0% |
| Net Margin % | 13.33% | 15.21% | 20.04% | 19.23% | 23.36% | 18.97% | 25.16% | 26.13% | 26.87% | 27.48% |
| Net Income Growth % | -4.84% | 35.69% | 87.4% | 39.65% | 72.65% | 4.23% | 93.63% | 34.65% | 21.4% | 30.07% |
| EPS (Diluted) | 1.16▲ 0% | 1.56▲ 34.5% | 2.86▲ 83.3% | 3.87▲ 35.3% | 6.62▲ 71.1% | 6.88▲ 3.9% | 13.22▲ 92.2% | 17.78▲ 34.5% | 21.65▲ 21.8% | -▲ 0% |
| EPS Growth % | -6.45% | 34.48% | 83.33% | 35.31% | 71.06% | 3.93% | 92.15% | 34.49% | 21.77% | 2.65% |
| EPS (Basic) | 1.19 | 1.60 | 2.94 | 3.96 | 6.73 | 6.97 | 13.37 | 17.92 | 21.76 | - |
| Diluted Shares Outstanding | 21.5M | 21.68M | 22.14M | 22.85M | 23.06M | 23.13M | 23.31M | 23.33M | 23.26M | 0 |
Kinsale Capital Group, Inc. (KNSL) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 667.85M | 773.06M | 1.09B | 1.55B | 2.03B | 2.75B | 3.77B | 4.89B | 5.67B | 6.22B |
| Asset Growth % | 8.7% | 15.75% | 41.07% | 41.85% | 30.95% | 35.62% | 37.34% | 29.52% | 15.95% | 84.82% |
| Total Investment Assets | 958.65M | 1.08B | 807.83M | 1.21B | 1.56B | 2.03B | 2.97B | 3.95B | 5.03B | 4M |
| Long-Term Investments | 479.32M | 567.96M | 807.83M | 1.21B | 172.61M | 228.86M | 249.6M | 3.94B | 5.03B | 12.08B |
| Short-Term Investments | 479.32M | 510.25M | 729.53M | 1.08B | 1.39B | 1.8B | 2.72B | 1.81B | 3.86M | 4.4B |
| Total Current Assets | 580.86M | 667.3M | 0 | 0 | 1.75B | 0 | 517.74M | 0 | 287.95M | 4.75B |
| Cash & Equivalents | 81.75M | 75.09M | 100.41M | 77.09M | 121.04M | 156.27M | 126.69M | 113.21M | 163.36M | 223.26M |
| Receivables | 19.79M | 81.04M | 107.06M | 141.86M | 193.97M | 326.21M | 391.05M | 477.92M | 124.59M | 1.32B |
| Other Current Assets | 0 | 923K | -953.12M | -1.33B | 7.66M | -2.33B | -52.52M | -2.45B | -3.86M | 0 |
| Goodwill & Intangibles | 3.54M | 3.54M | 3.54M | 3.54M | 45.51M | 65.13M | 3.54M | 112.8M | 3.54M | 138.57M |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 3.54M | 3.54M | 0 | 0 | 45.51M | 65.13M | 3.54M | 112.8M | 3.54M | 3.54M |
| PP&E (Net) | -2.49M | -7.18M | 22.63M | 46.19M | 49.3M | 53.48M | 63.4M | 82.92M | 0 | 0 |
| Other Assets | -395.87M | -465.74M | -834M | -1.26B | 9.83M | -347.46M | 3.33B | -4.14B | 305.26M | 0 |
| Total Liabilities | 429.66M | 509.08M | 684.67M | 970.66M | 1.33B | 2B | 2.69B | 3.4B | 3.71B | 4.25B |
| Total Debt | 0 | 0 | 16.74M | 42.57M | 85.39M | 195.75M | 183.85M | 184.12M | 224.4M | 0 |
| Net Debt | -81.75M | -75.09M | -83.66M | -34.52M | -35.65M | 39.47M | 57.15M | 70.91M | 61.04M | -223.26M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 42.7M | 195.75M | 183.85M | 184.12M | 224.4M | 0 |
| Short-Term Debt | 0 | 0 | 16.74M | 42.57M | 42.7M | 0 | 0 | 11M | 51M | 0 |
| Total Current Liabilities | 9.74M | 11.65M | 0 | 0 | 1.31B | 0 | 1.49B | 0 | 815.89M | 0 |
| Accounts Payable | 9.74M | 11.65M | 19.52M | 26.32M | 39.36M | 63.38M | 92.5M | 99.12M | 100.69M | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 347.73M | 0 | 701.35M | 0 | 815.89M | 0 |
| Other Current Liabilities | -9.74M | -11.65M | -36.26M | -68.89M | 881.34M | -63.38M | 698.77M | -110.12M | -151.69M | 0 |
| Deferred Taxes | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 61.17M |
| Other Liabilities | 0 | 0 | 0 | -4.65M | 1.11B | 1.54B | 737.94M | 2.83B | 2.6B | 0 |
| Total Equity | 238.19M▲ 0% | 263.99M▲ 10.8% | 405.88M▲ 53.8% | 576.24M▲ 42.0% | 699.34M▲ 21.4% | 745.45M▲ 6.6% | 1.09B▲ 45.8% | 1.48B▲ 36.5% | 1.96B▲ 32.1% | 1.97B▲ 0% |
| Equity Growth % | 13.31% | 10.83% | 53.75% | 41.97% | 21.36% | 6.59% | 45.8% | 36.5% | 32.09% | 123.37% |
| Shareholders Equity | 238.19M | 263.99M | 405.88M | 576.24M | 699.34M | 745.45M | 1.09B | 1.48B | 1.96B | 1.97B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 73.5M | 106.55M | 162.91M | 243.31M | 385.94M | 533.12M | 828.25M | 1.23B | 1.72B | 1.82B |
| Common Stock | 210K | 212K | 222K | 228K | 228K | 231K | 232K | 233K | 234K | 235K |
| Accumulated OCI | 9.39M | -1.26M | 13.52M | 41.38M | 18.13M | -134.92M | -94.62M | -97.21M | -30.69M | -65.61M |
| Return on Equity (ROE) | 11.11% | 13.46% | 18.9% | 18.01% | 23.94% | 22.03% | 33.63% | 32.28% | 29.25% | 28.05% |
| Return on Assets (ROA) | 3.88% | 4.69% | 6.79% | 6.7% | 8.55% | 6.67% | 9.45% | 9.58% | 9.54% | 9.06% |
| Equity / Assets | 35.67% | 34.15% | 37.22% | 37.25% | 34.52% | 27.14% | 28.81% | 30.36% | 34.59% | 31.65% |
| Debt / Equity | - | - | 0.04x | 0.07x | 0.12x | 0.26x | 0.17x | 0.12x | 0.11x | 0.11x |
| Book Value per Share | 11.08 | 12.17 | 18.34 | 25.22 | 30.32 | 32.24 | 46.63 | 63.58 | 84.25 | 84.25 |
| Tangible BV per Share | 10.92 | 12.01 | 18.34 | 25.22 | 28.35 | 29.42 | 46.48 | 58.75 | 84.10 | - |
Kinsale Capital Group, Inc. (KNSL) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 77.4M | 103.98M | 178.36M | 279.97M | 407.04M | 557.82M | 859.84M | 976.3M | 1.04B | 1.04B |
| Operating CF Growth % | 4.96% | 34.34% | 71.53% | 56.97% | 45.39% | 37.04% | 54.14% | 13.55% | 6.91% | 28.87% |
| Operating CF / Revenue % | 41.44% | 46.81% | 56.46% | 60.88% | 62.29% | 66.5% | 70.22% | 61.5% | 55.7% | 54.44% |
| Net Income | 24.9M | 33.79M | 63.32M | 88.42M | 152.66M | 159.11M | 308.09M | 414.84M | 503.61M | 526.94M |
| Depreciation & Amortization | 515K | 631K | 682K | 1.57M | 2.31M | 2.72M | 3.27M | 5.8M | 5.83M | 5.83M |
| Stock-Based Compensation | 652K | 1.6M | 2.74M | 3.58M | 4.84M | 6.68M | 9.36M | 14.15M | 17.88M | 17.88M |
| Deferred Taxes | 1.06M | -3.23M | -125K | 616K | -576K | -14.19M | -9.43M | -3.83M | 343K | 343K |
| Other Non-Cash Items | -151K | 6.27M | -12.75M | -20.39M | -25.64M | 26.9M | -21.13M | -50.72M | -63.22M | 422.6M |
| Working Capital Changes | 50.42M | 64.92M | 124.49M | 206.18M | 273.45M | 376.6M | 569.67M | 596.06M | 579.29M | 0 |
| Cash from Investing | -42.43M | -106.54M | -230.79M | -379.43M | -351.95M | -708.57M | -860.89M | -960.13M | -922.21M | -855.68M |
| Capital Expenditures | -179K | -1.27M | -19.62M | -32.88M | -5.92M | -6.9M | -6.61M | -23.94M | -53.69M | -49.1M |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchase of Investments | -143.19M | -207.65M | -336.09M | -567.55M | -679.79M | -803.55M | -1.4B | -1.71B | -2.49B | -2.41B |
| Sale/Maturity of Investments | 100.94M | 102.38M | 124.92M | 215.92M | 333.75M | 178.5M | 489.45M | 778.15M | 0 | -263.24M |
| Other Investing | 0 | 0 | 0 | 5.08M | 0 | -76.62M | 59.92M | -312K | 1.63B | 1.87B |
| Cash from Financing | -3.97M | -4.1M | 77.75M | 76.14M | -11.14M | 185.99M | -28.52M | -29.66M | -71.38M | -125.91M |
| Dividends Paid | -5.04M | -5.91M | -6.93M | -8.07M | -10.02M | -11.93M | -12.95M | -13.94M | -15.78M | -17.6M |
| Share Repurchases | 0 | 0 | -617K | -1.8M | -2.1M | -3.29M | -4.28M | -17.05M | -90M | -142.53M |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 681K | 202K |
| Debt Issuance (Net) | -9K | 0 | 1000K | 1000K | 0 | 1000K | -1000K | 0 | 1000K | 2M |
| Other Financing | 1.08M | 1.81M | 68M | 60.32M | 982K | 46.21M | 713K | 1.33M | -6.28M | -68.48M |
| Net Change in Cash | 31M▲ 0% | -6.66M▼ 121.5% | 25.32M▲ 480.3% | -23.32M▼ 192.1% | 43.95M▲ 288.5% | 35.23M▼ 19.8% | -29.58M▼ 184.0% | -13.48M▲ 54.4% | 50.15M▲ 472.0% | 81.24M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 50.75M | 81.75M | 75.09M | 100.41M | 77.09M | 121.04M | 156.27M | 126.69M | 113.21M | 163.36M |
| Cash at End | 81.75M | 75.09M | 100.41M | 77.09M | 121.04M | 156.27M | 126.69M | 113.21M | 163.36M | 223.26M |
| Free Cash Flow | 77.22M▲ 0% | 102.71M▲ 33.0% | 158.74M▲ 54.6% | 247.1M▲ 55.7% | 401.12M▲ 62.3% | 550.91M▲ 37.3% | 853.23M▲ 54.9% | 952.36M▲ 11.6% | 990.05M▲ 4.0% | 1.01B▲ 0% |
| FCF Growth % | 5.53% | 33.01% | 54.55% | 55.67% | 62.33% | 37.34% | 54.87% | 11.62% | 3.96% | 5.25% |
| FCF Margin % | 41.34% | 46.24% | 50.25% | 53.73% | 61.38% | 65.68% | 69.68% | 59.99% | 52.83% | 52.87% |
| FCF per Share | 3.59 | 4.74 | 7.17 | 10.81 | 17.39 | 23.82 | 36.61 | 40.82 | 42.57 | 42.57 |
Kinsale Capital Group, Inc. (KNSL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Combined Ratio | 79.38% | 81.78% | 75.92% | 78.17% | 71.11% | 76.69% | 68.64% | 67.58% | 66.15% | 48.43% |
| Medical Cost Ratio | 66.86% | 69.55% | 65.09% | 69.06% | 60.84% | 65.77% | 58.31% | 57.14% | 47.53% | 38.74% |
| Return on Equity (ROE) | 11.11% | 13.46% | 18.9% | 18.01% | 23.94% | 22.03% | 33.63% | 32.28% | 29.25% | 28.05% |
| Return on Assets (ROA) | 3.88% | 4.69% | 6.79% | 6.7% | 8.55% | 6.67% | 9.45% | 9.58% | 9.54% | 9.06% |
| Equity / Assets | 35.67% | 34.15% | 37.22% | 37.25% | 34.52% | 27.14% | 28.81% | 30.36% | 34.59% | 31.65% |
| Book Value / Share | 11.08 | 12.17 | 18.34 | 25.22 | 30.32 | 32.24 | 46.63 | 63.58 | 84.25 | 84.25 |
| Debt / Equity | - | - | 0.04x | 0.07x | 0.12x | 0.26x | 0.17x | 0.12x | 0.11x | 0.11x |
| Revenue Growth | 31.89% | 18.92% | 42.22% | 45.59% | 42.09% | 28.36% | 45.98% | 29.65% | 18.04% | 17.04% |
Kinsale Capital Group, Inc. (KNSL) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 23, 2026·SEC
Feb 12, 2026·SEC
Feb 4, 2026·SEC
Kinsale Capital Group, Inc. (KNSL) stock FAQ — growth, dividends, profitability & financials explained
Kinsale Capital Group, Inc. (KNSL) grew revenue by 18.0% over the past year. This is strong growth.
Yes, Kinsale Capital Group, Inc. (KNSL) is profitable, generating $526.9M in net income for fiscal year 2025 (26.9% net margin).
Yes, Kinsale Capital Group, Inc. (KNSL) pays a dividend with a yield of 0.22%. This makes it attractive for income-focused investors.
Kinsale Capital Group, Inc. (KNSL) has a return on equity (ROE) of 29.3%. This is excellent, indicating efficient use of shareholder capital.
Kinsale Capital Group, Inc. (KNSL) has a combined ratio of 66.2%. A ratio below 100% indicates underwriting profitability.
Kinsale Capital Group, Inc. (KNSL) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates