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MARKETS / NASDAQ / 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
$27.8M
▼ 8.5% YoY
$86.1M
▲ 22.0% YoY
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
200M201720182019202020212022202320242025
Compound annual growth
+20.4%
+25.6%
+266.6%
+24.5%
+36.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +25.6% a year over five years — 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%201720182019202020212022202320242025
ROE
FY2024 · ROE 84.7%
50%201720182019202020212022202320242025

Cash & shareholders
USD 213.9M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 86.1
40M80M201720182019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends 145.8 · Net buybacks 68.1
80M160MDividendsNet buybacks201720182019202020212022202320242025

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 negative — liabilities 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
Metric 202520242023202220212020201920182017
Revenue $B0.40.00.00.20.20.10.10.10.0
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 · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 34 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 42 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityInsurance Agents, Brokers & Service
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2017

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