Skip to content
ESPT
MARKETS / NASDAQ / Financials / Insurance brokerage / GSHD
NASDAQ · INSURANCE AGENTS, BROKERS & SERVICE · LARGE CAP

Goosehead Insurance, Inc. GSHD

9 fiscal years on record · USD · FY2025 reported · SEC filings only
$365.3M
▲ 16.2% YoY
$27.8M
▼ 8.5% YoY
$86.1M
▲ 22.0% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Goosehead Insurance is an independent insurance agency that distributes personal lines policies throughout the United States. The company represents over 200 carriers, of which 76 provide national coverage. As of December 31, 2025, it had operating franchises in 43 states, covering over 97% of the total U.S. population. As of December 31, 2025, it had approximately 1.6 thousand full-time and no part-time employees. Corporate sales consists of company-owned and financed operations, with employees hired, trained and managed by the company. Franchise sales consists of operations that are owned and managed by Franchisees. Goosehead was co-founded by Mark E. Jones in 2003.

Written from the business description in Goosehead Insurance, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 19 February 2026. Every sentence was checked against that document before publication.

Growth

USD 365.3M
Revenue, FY2025 · full 9-year series below
Revenue $M Net income $M
FY2025 · Revenue 365.3 · Net income 27.8
150M300M
2017202020232025
Compound annual growth
+20.4%
+25.6%
+266.6%
+24.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +25.6% a year over the five years to FY2025 — but profit grew slower: net income at +24.5%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

12 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 20.4% · Net 12.2%
10%20%-10%-20%-30%
201720212025
ROE
FY2024 · ROE 84.7%
50%
201720212025
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Gross margin·
Operating margin20.4%
Net margin12.2%
EBITDAUSD 85.7M

Return on equity has no reading this year — return on capital employed, just below, still does: 21%.

Cash & shareholders

USD 213.9M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 86.1
40M80M
201720212025
Net buybacks $M Dividends $M
FY2025 · Dividends 145.8 · Net buybacks 68.1
100M200MDividendsNet buybacks
201720182019202020212022202320242025
Dividends paidUSD 145.8M
Net buybacksUSD 68.1M
Share of profit768.6%
Consecutive raises·

USD 145.8M in dividends and USD 68.1M in buybacks — 769% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 414.9M
EquityUSD -95.5M
CashUSD 34.4M
Gross debtUSD 292.5M
Net debtUSD 258.1M
Current ratio1.60×

Equity was zero or negative — liabilities equaled or exceeded assets. No ratio is shown.

The 9-year record

9 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
GSHD, 9-year financial record
Metric 202520242023202220212020201920182017
Revenue $B0.40.30.30.20.20.10.10.10.0
Operating income $B0.10.10.00.00.00.00.0−0.00.0
EBITDA $B0.10.10.00.00.00.00.0−0.00.0
Income tax $B0.0−0.00.00.0−0.0−0.00.00.00.0
Net income $B0.00.00.00.00.00.00.0−0.00.0
Free cash flow $B0.10.10.00.00.00.00.00.00.0
EPS, diluted $1.041.160.550.030.260.510.22−0.66◌
Dividend / sh $◌◌◌◌◌◌◌◌◌
Payout %5240001110481525−899—
ROE %—84.773.2——————
Shares out B◌◌◌◌◌0.02◌◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

UNH · BRK-A · BRK-B · CI · ELV · CNC
Provenance

Company facts, as filed

How we verify · 0 failures in 34 reconciliationsAUDITED

Reconciled in 9 of the 9 fiscal years we could check. 20 checks were skipped: the balance sheet is not tagged before 2017. 11 checks were skipped: EPS is not tagged before 2018.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityInsurance Agents, Brokers & Service
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2017

Share this section

Download image