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GSHD logoGoosehead Insurance, Inc(GSHD)Earnings, Financials & Key Ratios

GSHD•NASDAQ•Insurance & Managed Care
$41.07
$972M mkt cap·39.5× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryDiversified InsuranceSub-IndustryInsurance brokers and holding companies
AboutGoosehead Insurance, Inc. operates as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. The company operates in two segments, Corporate Channel and Franchise Channel. It offers homeowner's, insurance, automotive, dwelling property insurance, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services. As of December 31, 2021, the company had 2,151 total franchises. Goosehead Insurance, Inc. was founded in 2003 and is headquartered in Westlake, Texas.Show more
  • Revenue$365M+16.2%
  • Combined Ratio79.62%-1.2%
  • Net Income$28M-8.5%
  • Medical Cost Ratio53.75%-2.2%
  • Operating Margin20.38%+4.8%
  • Net Margin7.62%-21.2%
  • ROA6.85%-15.3%
  • Equity / Assets-39.24%-499.3%
  • Book Value per Share-4.27-518.8%
  • Tangible BV/Share-5.31-1553.9%
Technical→

GSHD Key Insights

Goosehead Insurance, Inc (GSHD) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Profitable underwriting: 79.6% combined ratio
  • ✓Excellent 3Y average ROE of 96.6%
  • ✓Strong 5Y profit CAGR of 24.5%
  • ✓Strong Piotroski F-Score: 7/9
  • ✓Low loss ratio of 53.8%

✗Weaknesses

  • ✗Weak momentum: RS Rating 9 (bottom 9%)
  • ✗Dividend payout exceeds 100% of earnings
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

GSHD Price & Volume

Goosehead Insurance, Inc (GSHD) stock price & volume — 10-year historical chart

Loading chart...

GSHD Growth Metrics

Goosehead Insurance, Inc (GSHD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years25.57%
3 Years20.38%
TTM17.56%

Profit CAGR

10 Years-
5 Years24.55%
3 Years266.57%
TTM-1.86%

EPS CAGR

10 Years-
5 Years15.32%
3 Years226.06%
TTM-1.82%

Return on Capital

10 Years16.05%
5 Years9.75%
3 Years14.74%
Last Year18.99%

GSHD Recent Earnings

Goosehead Insurance, Inc (GSHD) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
Apr 22, 2026
EPS
$0.30
Est $0.20
+50.0%
Revenue
$93M
Est $85M
+9.5%
Q1 2026
Feb 17, 2026
EPS
$0.64
Est $0.54
+18.5%
Revenue
$105M
Est $99M
+6.0%
Q4 2025
Oct 22, 2025
EPS
$0.46
Est $0.47
-2.1%
Revenue
$90M
Est $100M
-9.5%
Q3 2025
Jul 23, 2025
EPS
$0.49
Est $0.53
-7.5%
Revenue
$94M
Est $96M
-1.6%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 22, 2026
$0.30vs $0.20+50.0%
$93Mvs $85M+9.5%
Q1 2026Feb 17, 2026
$0.64vs $0.54+18.5%
$105Mvs $99M+6.0%
Q4 2025Oct 22, 2025
$0.46vs $0.47-2.1%
$90Mvs $100M-9.5%
Q3 2025Jul 23, 2025
$0.49vs $0.53-7.5%
$94Mvs $96M-1.6%
Based on last 12 quarters of dataView full earnings history →

GSHD Peer Comparison

Goosehead Insurance, Inc (GSHD) competitors in Insurance brokers and holding companies — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
SLQT logoSLQTSelectQuote, Inc.Direct Competitor211.55M1.2090.2315.5%4.45%13.75%0.72
HIFS logoHIFSHingham Institution for SavingsDirect Competitor632.2M289.7022.5414.09%9.79%3.47
RYAN logoRYANRyan Specialty Holdings, Inc.Direct Competitor3.81B29.3962.5321.28%4.17%10.77%2.82
ACGL logoACGLArch Capital Group Ltd.Direct Competitor33.74B94.708.1514.27%22.07%19.02%0.11
AON logoAONAon plcProduct Competitor66.04B308.2218.119.45%22.54%44.16%1.73
MMC logoMMCMarsh & McLennan Companies, Inc.Product Competitor85.27B174.0621.287.57%15.6%26.87%1.62
WTW logoWTWWillis Towers Watson Public Limited CompanyProduct Competitor23.8B252.4115.52-2.24%16.84%20.77%0.86
AJG logoAJGArthur J. Gallagher & Co.Product Competitor50.63B196.9134.2520.66%10.72%6.5%0.60

Compare GSHD vs Peers

Goosehead Insurance, Inc (GSHD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SLQT

Most directly comparable listed peer for GSHD.

Scale Benchmark

vs CB

Larger-name benchmark to compare GSHD against a more recognizable public peer.

Peer Set

Compare Top 5

vs SLQT, HIFS, RYAN, ACGL

GSHD Income Statement

Goosehead Insurance, Inc (GSHD) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Revenue42.71M60.15M77.49M117.01M151.31M209.39M261.28M314.5M365.3M382.8M
Revenue Growth %35.66%40.83%28.83%51.01%29.31%38.38%24.78%20.37%16.15%17.56%
Medical Costs & Claims24.54M000000172.94M196.36M100.85M
Medical Cost Ratio %57.47%0%0%0%0%0%0%54.99%53.75%26.35%
Gross Profit
18.17M▲ 0%
60.15M▲ 231.1%
77.49M▲ 28.8%
117.01M▲ 51.0%
151.31M▲ 29.3%
209.39M▲ 38.4%
261.28M▲ 24.8%
141.56M▼ 45.8%
168.94M▲ 19.3%
281.94M▲ 0%
Gross Margin %42.53%100%100%100%100%100%100%45.01%46.25%73.65%
Gross Profit Growth %-42.3%231.09%28.83%51.01%29.31%38.38%24.78%-45.82%19.34%-
Operating Expenses-31.56M78.37M65.8M99.29M145.31M204.26M234.89M80.42M94.49M204.6M
OpEx / Revenue %-73.89%130.29%84.92%84.86%96.03%97.55%89.9%25.57%25.87%53.45%
Depreciation & Amortization876.05K2.52M2.15M3.57M5.12M7.11M9.47M10.96M11.27M12.2M
Combined Ratio %-16.43%130.29%84.92%84.86%96.03%97.55%89.9%80.56%79.62%79.8%
Operating Income
11.15M▲ 0%
-18.22M▼ 263.4%
11.69M▲ 164.1%
17.72M▲ 51.6%
6M▼ 66.1%
5.13M▼ 14.6%
26.39M▲ 414.5%
61.14M▲ 131.7%
74.45M▲ 21.8%
77.34M▲ 0%
Operating Margin %26.11%-30.29%15.08%15.14%3.97%2.45%10.1%19.44%20.38%20.2%
Operating Income Growth %136.12%-263.38%164.15%51.63%-66.12%-14.57%414.49%131.7%21.77%-
EBITDA12.03M-15.7M13.83M21.29M11.12M12.24M35.86M72.09M85.72M89.54M
EBITDA Margin %28.16%-26.1%17.85%18.19%7.35%5.84%13.72%22.92%23.47%23.39%
Interest Expense2.47M4.27M2.39M2.31M2.85M5M6.57M7.34M23.79M23.44M
Non-Operating Income-3.54M-4.27M-2.39M-2.31M-2.85M-5M-6.57M7.1M-192K-5.78M
Pretax Income
8.68M▲ 0%
-18.22M▼ 310.0%
11.69M▲ 164.1%
17.72M▲ 51.6%
6M▼ 66.1%
5.13M▼ 14.6%
26.39M▲ 414.5%
46.7M▲ 77.0%
50.85M▲ 8.9%
59.68M▲ 0%
Pretax Margin %20.32%-30.29%15.08%15.14%3.97%2.45%10.1%14.85%13.92%15.59%
Income Tax17.91M449K1.3M-1.03M-2.29M2.5M2.69M-2.41M6.4M12.98M
Effective Tax Rate %206.43%-2.46%11.16%-5.84%-38.17%48.72%10.2%-5.17%12.58%21.76%
Net Income
8.68M▲ 0%
-8.9M▼ 202.6%
3.57M▲ 140.1%
9.29M▲ 160.4%
5.4M▼ 41.8%
565K▼ 89.5%
14.14M▲ 2402.7%
30.43M▲ 115.2%
27.83M▼ 8.5%
30.38M▲ 0%
Net Margin %20.32%-14.8%4.6%7.94%3.57%0.27%5.41%9.67%7.62%7.94%
Net Income Growth %83.73%-202.61%140.07%160.36%-41.82%-89.54%2402.65%115.18%-8.53%-1.86%
EPS (Diluted)
0.25▲ 0%
-0.66▼ 366.2%
0.64▲ 197.0%
0.51▼ 20.3%
0.26▼ 49.0%
0.03▼ 88.5%
0.37▲ 1133.3%
1.16▲ 213.5%
1.04▼ 10.3%
0.83▲ 0%
EPS Growth %90.7%-366.23%196.97%-20.31%-49.02%-88.46%1133.33%213.51%-10.34%-1.82%
EPS (Basic)0.71-0.660.700.550.280.030.591.231.11-
Diluted Shares Outstanding35M13.55M16.1M18.38M20.81M21.77M25.2M38.3M38.1M36.64M

GSHD Balance Sheet

Goosehead Insurance, Inc (GSHD) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Assets16.71M34.8M64.63M185.84M270.29M321.35M354.89M397.65M414.86M392.81M
Asset Growth %92.15%108.29%85.72%187.55%45.45%18.89%10.44%12.05%4.33%41.35%
Total Investment Assets0000000000
Long-Term Investments0000000000
Short-Term Investments0000000000
Total Current Assets8.56M23.78M35.76M65.12M74.7M73.59M75.94M103.89M88.63M73.29M
Cash & Equivalents5.37M19.01M15.26M26.24M30.48M30.39M44.05M57.97M34.39M25.65M
Receivables1.83M4.77M20.5M38.88M44.22M43.21M31.89M45.92M50.69M286.35M
Other Current Assets000000003.55M-135.65M
Goodwill & Intangibles216.47K248K445K549K2.8M4.49M17.27M25.08M39.7M148.46M
Goodwill0000000000
Intangible Assets216.47K248K445K549K2.8M4.49M17.27M25.08M39.7M44.06M
PP&E (Net)6.85M7.58M9.54M39.16M57.59M79.43M68.72M61.52M55.64M55.18M
Other Assets1.09M1.24M3.34M7.64M9.53M8.53M11.76M13.69M14.53M8.84M
Total Liabilities57.84M60M95.64M224.24M339.48M354.98M338.11M358.58M577.65M597M
Total Debt48.66M48.45M46.16M119.04M174.96M165.16M143.22M153.38M352.29M57.82M
Net Debt43.29M29.44M30.9M92.81M144.49M134.77M99.17M95.41M317.9M32.17M
Long-Term Debt48.16M45.95M42.16M79.41M118.36M86.71M67.56M82.25M289.46M48.78M
Short-Term Debt500K2.5M4M6.7M9.27M13.5M18.27M16.6M2.99M9.04M
Total Current Liabilities500K2.5M4M6.7M9.27M13.5M18.27M16.6M11.66M55.64M
Accounts Payable0000000033.63M34.44M
Deferred Revenue0000000000
Other Current Liabilities00000000-33.63M-153.52M
Deferred Taxes0000000000
Other Liabilities8.12M11.02M26.68M71M115.91M143.26M167.79M186.73M209.1M492.58M
Total Equity
2.16M▲ 0%
-25.2M▼ 1268.0%
-31.01M▼ 23.0%
-38.4M▼ 23.9%
-69.19M▼ 80.2%
-33.62M▲ 51.4%
16.79M▲ 149.9%
39.08M▲ 132.8%
-162.79M▼ 516.6%
-204.19M▲ 0%
Equity Growth %104.64%-1267.99%-23.03%-23.86%-80.16%51.4%149.92%132.79%-516.59%-8823.17%
Shareholders Equity-41.13M82.59M-9.01M-4.88M-14.02M10.67M56.55M43.89M-95.5M-121.27M
Minority Interest43.29M-107.8M-22M-33.53M-55.17M-44.29M-39.77M-4.81M-67.28M-82.91M
Retained Earnings-41.13M-6.58M-23.81M-34.61M-60.67M-60.57M-47.06M-15.4M-133.36M-128.47M
Common Stock123.4M362K362K367K370K374K380K373K366K356K
Accumulated OCI-41.13M-25.2M00000000
Return on Equity (ROE)540.24%-----84.24%108.93%--18.18%
Return on Assets (ROA)68.32%-34.57%7.18%7.42%2.37%0.19%4.18%8.09%6.85%7.37%
Equity / Assets12.92%-72.43%-47.98%-20.67%-25.6%-10.46%4.73%9.83%-39.24%-51.98%
Debt / Equity22.55x-----8.53x3.93x--0.28x
Book Value per Share0.06-1.86-1.93-2.09-3.32-1.540.671.02-4.27-5.57
Tangible BV per Share0.06-1.88-1.95-2.12-3.46-1.75-0.020.37-5.31-6.78

GSHD Cash Flow Statement

Goosehead Insurance, Inc (GSHD) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations13.54M10.28M21.24M24.64M35.44M36.03M50.76M71.54M91.76M91.76M
Operating CF Growth %207.64%-24.12%106.73%16.02%43.83%1.66%40.87%40.95%28.25%172.22%
Operating CF / Revenue %31.71%17.08%27.41%21.06%23.42%17.21%19.43%22.75%25.12%23.97%
Net Income8.68M-18.67M10.38M18.75M8.3M2.63M14.14M49.11M44.45M30.38M
Depreciation & Amortization876.05K2.52M2.15M3.57M5.12M7.11M9.47M10.96M11.27M11.52M
Stock-Based Compensation2.23M26.96M1.53M4.75M7.29M19.64M23.99M27.97M23.38M23.36M
Deferred Taxes0-30K294K-306K-2.52M2.23M1.52M-3.75M5.89M9.33M
Other Non-Cash Items1.08M1.32M725K15.19M7.03M8.2M16.71M6.34M11.14M11.29M
Working Capital Changes2.91M-1.83M6.17M-17.31M10.23M-3.77M-15.07M-19.09M-4.37M-6.2M
Cash from Investing-6.13M-2.18M-4.08M-10.33M-15.38M-12.57M-19.18M-12.42M-23.54M-27.37M
Capital Expenditures-6.45M-2.24M-4.1M-9.97M-15.41M-10.13M-4.45M-979K-5.67M-6.72M
Acquisitions000000-6.89M000
Purchase of Investments-117.63K000000000
Sale/Maturity of Investments042K00000000
Other Investing316.38K64K19K-358K32K-2.44M-7.83M-11.44M-17.87M-20.64M
Cash from Financing-6.24M5.59M-20.91M-3.33M-15.83M-23.55M-17.92M-45.2M-88.25M-115.25M
Dividends Paid-25.52M-80.06M-18.74M-44.7M-60M000-145.79M-200.6M
Share Repurchases-25.52M000000-63.18M-81.72M-131.55M
Stock Issued086.92M325K5.04M4.59M6.13M9.9M12.23M03.08M
Debt Issuance (Net)1000K-625K-1000K1000K1000K-1000K-1000K1000K1000K-513K
Other Financing-342.23K-639K0-677K-666K-309K-10.94M-9.83M-65.42M190.08M
Net Change in Cash
1.17M▲ 0%
13.69M▲ 1070.3%
-3.75M▼ 127.4%
10.98M▲ 392.6%
4.24M▼ 61.3%
-92K▼ 102.2%
13.66M▲ 14947.8%
13.93M▲ 1.9%
-20.04M▼ 243.9%
-43.48M▲ 0%
Exchange Rate Effect0000000000
Cash at Beginning3.78M4.95M19.01M15.26M26.24M30.48M30.39M44.05M57.97M37.94M
Cash at End4.95M18.64M15.26M26.24M30.48M30.39M44.05M57.97M37.94M29.09M
Free Cash Flow
7.09M▲ 0%
8.03M▲ 13.3%
17.14M▲ 113.5%
14.28M▼ 16.7%
20.04M▲ 40.4%
23.42M▲ 16.9%
38.6M▲ 64.8%
70.56M▲ 82.8%
86.09M▲ 22.0%
95.19M▲ 0%
FCF Growth %90.29%13.27%113.47%-16.73%40.36%16.88%64.83%82.81%22%53.02%
FCF Margin %16.6%13.35%22.13%12.2%13.24%11.18%14.77%22.44%23.57%24.87%
FCF per Share0.20.591.060.780.961.081.531.842.262.26

GSHD Key Ratios

Goosehead Insurance, Inc (GSHD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Combined Ratio-16.43%130.29%84.92%84.86%96.03%97.55%89.9%80.56%79.62%79.8%
Medical Cost Ratio57.47%0%0%0%0%0%0%54.99%53.75%26.35%
Return on Equity (ROE)540.24%-----84.24%108.93%--18.18%
Return on Assets (ROA)68.32%-34.57%7.18%7.42%2.37%0.19%4.18%8.09%6.85%7.37%
Equity / Assets12.92%-72.43%-47.98%-20.67%-25.6%-10.46%4.73%9.83%-39.24%-51.98%
Book Value / Share0.06-1.86-1.93-2.09-3.32-1.540.671.02-4.27-5.57
Debt / Equity22.55x-----8.53x3.93x--0.28x
Revenue Growth35.66%40.83%28.83%51.01%29.31%38.38%24.78%20.37%16.15%17.56%

GSHD SEC Filings & Documents

Goosehead Insurance, Inc (GSHD) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 22, 2026·SEC

Material company update

Feb 17, 2026·SEC

Material company update

Oct 22, 2025·SEC

10-K Annual Reports

3
FY 2026

Feb 19, 2026·SEC

FY 2025

Mar 3, 2025·SEC

FY 2024

Feb 22, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 23, 2026·SEC

FY 2025

Oct 23, 2025·SEC

FY 2025

Jul 24, 2025·SEC

GSHD Frequently Asked Questions

Goosehead Insurance, Inc (GSHD) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Goosehead Insurance, Inc (GSHD) grew revenue by 16.2% over the past year. This is strong growth.

Yes, Goosehead Insurance, Inc (GSHD) is profitable, generating $30.4M in net income for fiscal year 2025 (7.6% net margin).

Dividend & Returns

Yes, Goosehead Insurance, Inc (GSHD) pays a dividend with a yield of 9.32%. This makes it attractive for income-focused investors.

Industry Metrics

Goosehead Insurance, Inc (GSHD) has a combined ratio of 79.6%. A ratio below 100% indicates underwriting profitability.

Explore More GSHD

Goosehead Insurance, Inc (GSHD) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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