Goosehead Insurance Inc

GSHD

Equity

ISIN US38267D1090 / Valor 41208944

NASDAQ (2024-12-24)

USD 104.94+0.49%

Goosehead Insurance Inc
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Goosehead Insurance Inc is an independent personal lines insurance agency listed on the NASDAQ, known for its innovative approach to distributing insurance products and services across the United States. Founded with a focus on putting the consumer first, Goosehead offers a wide range of product choices and a top-notch service experience through its team of dedicated professionals. With a network of corporate sales offices and franchises, Goosehead represents over 140 insurance companies that underwrite personal and small commercial lines risks, catering to the diverse needs of its clients nationwide.

Summarized from source with an LLMView SourceSector: Finance

Total Revenue Growth

In the second quarter of 2024, Goosehead Insurance Inc. reported a total revenue increase of 13% compared to the same period in the previous year. This growth highlights the company's expanding market presence and successful business strategies.

Core Revenue Surge

Goosehead Insurance Inc. saw its core revenue grow by 20% in Q2 2024 over the prior-year period. This significant increase underscores the company's ability to enhance its core operations and deliver value to its stakeholders.

Written Premiums

During the second quarter of 2024, Goosehead Insurance Inc. achieved a 30% increase in total written premiums, reaching $999 million. This substantial growth in premiums indicates strong demand for the company's insurance products.

Net Income Improvement

Goosehead Insurance Inc. reported a net income of $10.9 million for Q2 2024, compared to $7.2 million in the same quarter of the previous year. This improvement in net income reflects the company's enhanced profitability and operational efficiency.

Adjusted EBITDA

In Q2 2024, Goosehead Insurance Inc. recorded an adjusted EBITDA of $24.7 million, showcasing a robust financial performance. This metric is a key indicator of the company's earnings before interest, taxes, depreciation, and amortization, adjusted for specific items.

Summarized from source with an LLMView Source

Key figures

33.7%1Y

-24.0%3Y

143%5Y

Performance

54.1%1Y

62.0%3Y

61.6%5Y

Volatility