Kinsale Capital Group (KNSL) Financials

$304.81 -4.02 (-1.30%)

Closing price 03:59 PM Eastern

Extended Trading

$305.05 +0.24 (+0.08%)

As of 04:40 PM Eastern

Annual Income Statements for Kinsale Capital Group

This table shows Kinsale Capital Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	22	26	25	34	63	88	153	159	308	415	504
Consolidated Net Income / (Loss)	22	26	25	34	63	88	153	159	308	415	504
Net Income / (Loss) Continuing Operations	22	26	25	34	63	88	153	159	308	415	504
Total Pre-Tax Income	34	40	39	40	76	100	189	196	384	515	634
Total Operating Income	34	40	39	40	76	101	190	200	394	525	645
Total Gross Profit	81	142	187	222	316	460	653	381	624	815	983
Total Revenue	81	142	187	222	316	460	653	839	1,224	1,588	1,874
Operating Revenue	81	141	187	222	316	460	653	839	1,225	1,587	1,874
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	458	600	773	891
Operating Cost of Revenue	-	-	-	-	-	-	-	458	600	773	891
Total Operating Expenses	47	102	148	182	240	359	464	181	230	290	338
Selling, General & Admin Expense	1.99	2.57	0.43	0.17	0.06	1.21	0.67	0.72	0.94	3.97	1.65
Other Operating Expenses / (Income)	45	100	148	181	240	358	463	180	229	286	337
Total Other Income / (Expense), net	0.06	0.00	0.00	0.00	0.00	-0.17	-0.99	-4.28	-10	-10	-11
Interest Expense	-	-	-	-	-	0.17	0.99	4.28	10	10	11
Income Tax Expense	11	13	14	6.69	13	12	36	36	76	100	131
Basic Earnings per Share	$2.37	$2.03	$1.19	$1.60	$2.94	$3.96	$6.73	$6.97	$13.37	$17.92	$21.76
Weighted Average Basic Shares Outstanding	15.21M	36.26M	20.99M	21.09M	21.53M	22.32M	22.69M	22.82M	23.05M	23.15M	23.14M
Diluted Earnings per Share	$2.34	$0.00	$1.16	$1.56	$2.86	$3.87	$6.62	$6.88	$13.22	$17.78	$21.65
Weighted Average Diluted Shares Outstanding	15.25M	0.00	21.50M	21.69M	22.14M	22.85M	23.06M	23.13M	23.31M	23.33M	23.26M
Weighted Average Basic & Diluted Shares Outstanding	-	45.90M	20.99M	21.09M	22.23M	22.77M	22.84M	23.10M	23.19M	23.28M	23.15M
Cash Dividends to Common per Share	-	-	-	$0.28	$0.32	$0.36	$0.44	$0.52	$0.56	$0.60	$0.68

This table shows Kinsale Capital Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	76	103	99	93	114	109	89	134	142	139	113
Consolidated Net Income / (Loss)	76	103	99	93	114	109	89	134	142	139	113
Net Income / (Loss) Continuing Operations	76	103	99	93	114	109	89	134	142	139	113
Total Pre-Tax Income	95	130	116	116	144	139	112	168	179	175	140
Total Operating Income	98	132	118	118	147	141	115	171	181	178	143
Total Gross Profit	159	193	186	191	218	220	190	252	270	270	232
Total Revenue	314	351	373	385	418	412	423	470	498	483	467
Operating Revenue	315	351	373	384	418	412	423	470	498	483	467
Total Cost of Revenue	156	159	187	193	200	193	233	217	227	213	235
Operating Cost of Revenue	156	159	187	193	200	193	233	217	227	213	235
Total Operating Expenses	61	60	68	73	71	78	76	82	89	92	89
Selling, General & Admin Expense	0.40	-0.28	1.96	0.80	0.69	0.52	0.66	0.01	0.47	0.51	0.53
Other Operating Expenses / (Income)	60	60	66	72	70	78	75	82	88	92	88
Total Other Income / (Expense), net	-2.57	-2.43	-2.42	-2.56	-2.59	-2.56	-2.54	-2.56	-2.57	-2.98	-3.17
Interest Expense	2.57	2.43	2.42	2.56	2.59	2.56	2.54	2.56	2.57	2.98	3.17
Income Tax Expense	19	27	17	23	30	30	23	34	37	36	27
Basic Earnings per Share	$3.30	$4.48	$4.28	$4.00	$4.93	$4.71	$3.85	$5.79	$6.12	$6.00	$4.90
Weighted Average Basic Shares Outstanding	23.06M	23.05M	23.11M	23.17M	23.18M	23.15M	23.17M	23.18M	23.16M	23.14M	22.98M
Diluted Earnings per Share	$3.26	$4.44	$4.24	$3.97	$4.90	$4.67	$3.83	$5.76	$6.09	$5.97	$4.88
Weighted Average Diluted Shares Outstanding	23.32M	23.31M	23.34M	23.33M	23.34M	23.33M	23.31M	23.29M	23.27M	23.26M	23.06M
Weighted Average Basic & Diluted Shares Outstanding	23.17M	23.19M	23.28M	23.29M	23.29M	23.28M	23.31M	23.30M	23.26M	23.15M	23.06M
Cash Dividends to Common per Share	$0.14	-	$0.15	$0.15	$0.15	-	$0.17	$0.17	$0.17	-	$0.25

This table details how cash moves in and out of Kinsale Capital Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	0.59	26	31	-6.66	25	-23	44	35	-30	-13	50
Net Cash From Operating Activities	79	74	77	104	178	280	407	558	860	976	1,044
Net Cash From Continuing Operating Activities	79	74	77	104	178	280	407	558	860	976	1,044
Net Income / (Loss) Continuing Operations	22	26	25	34	63	88	153	159	308	415	504
Consolidated Net Income / (Loss)	22	26	25	34	63	88	153	159	308	415	504
Depreciation Expense	0.64	0.64	0.52	0.63	0.68	1.57	2.31	2.72	3.27	5.80	5.83
Non-Cash Adjustments To Reconcile Net Income	-1.53	61	2.26	20	25	17	6.84	53	124	-5.87	-59
Changes in Operating Assets and Liabilities, net	57	-14	50	50	90	173	245	343	425	562	594
Net Cash From Investing Activities	-80	-88	-42	-107	-231	-379	-352	-709	-861	-960	-922
Net Cash From Continuing Investing Activities	-80	-88	-42	-107	-231	-379	-352	-709	-861	-960	-922
Purchase of Property, Plant & Equipment	-0.23	-0.57	-0.18	-1.27	-20	-33	-5.92	-6.90	-6.61	-24	-54
Purchase of Investments	-127	-152	-143	-208	-336	-568	-680	-840	-1,406	-1,714	-2,677
Sale and/or Maturity of Investments	47	64	101	102	125	216	334	138	489	778	1,809
Other Investing Activities, net	-	-	-	-	-	-	0.00	0.00	62	0.00	0.00
Net Cash From Financing Activities	1.93	41	-3.97	-4.10	78	76	-11	186	-29	-30	-71
Net Cash From Continuing Financing Activities	1.93	41	-3.97	-4.10	78	76	-11	186	-29	-30	-71
Repayment of Debt	-0.16	-30	-0.01	0.00	-0.63	0.00	0.00	-45	-62	0.00	0.00
Repurchase of Common Equity	-	-	-	-	-	-	-	0.00	0.00	-10	-90
Payment of Dividends	0.00	-2.10	-5.04	-5.91	-6.93	-8.07	-10	-12	-13	-14	-16
Issuance of Debt	2.00	-	0.00	0.00	17	26	0.00	198	50	0.00	40
Other Financing Activities, net	0.00	0.00	1.08	1.81	2.13	1.82	-1.12	-2.20	-3.41	-5.72	-5.60
Cash Income Taxes Paid	-	-	-	-	-	-	-	-	85	104	130

This table details how cash moves in and out of Kinsale Capital Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-187	612	-201	-244	-333	765	-201	-273	-271	796	-189
Net Cash From Operating Activities	225	212	210	279	274	213	230	269	303	241	249
Net Cash From Continuing Operating Activities	-	860	0.00	-	-	976	0.00	-	-	1,044	0.00
Net Income / (Loss) Continuing Operations	-	308	0.00	-	-	415	0.00	-	-	504	0.00
Net Cash From Investing Activities	-172	-245	-193	-240	-330	-198	-181	-259	-263	-219	-114
Net Cash From Continuing Investing Activities	-172	-245	-193	-240	-330	-198	-181	-259	-263	-219	-114
Purchase of Property, Plant & Equipment	-1.28	-1.11	-3.51	-3.82	-5.83	-11	-12	-17	-14	-11	-7.55
Purchase of Investments	-302	-394	-347	-497	-536	-334	-447	-652	-835	-778	-391
Sale and/or Maturity of Investments	70	151	158	261	212	147	263	425	587	569	284
Other Investing Activities, net	-	-	0.00	-	-	-	15	-	-	-	0.00
Net Cash From Financing Activities	-15	-3.25	-8.41	-4.39	-3.43	-13	-20	-14	-8.81	-29	-75
Net Cash From Continuing Financing Activities	-15	-3.25	-8.41	-4.39	-3.43	-13	-20	-14	-8.81	-29	-75
Repurchase of Common Equity	-	-	0.00	-	-	-	-10.00	-10	-20	-50	-63
Payment of Dividends	-3.23	-3.23	-3.50	-3.49	-3.48	-3.48	-3.99	-3.94	-3.94	-3.91	-5.81
Other Financing Activities, net	0.17	0.10	-4.91	-0.90	0.05	0.05	-6.01	0.21	0.13	0.08	-6.22

This table presents Kinsale Capital Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	545	614	668	773	1,091	1,547	2,026	2,747	3,773	4,887	6,044
Total Current Assets	26	53	85	79	178	177	252	391	396	478	713
Cash & Equivalents	25	51	82	75	100	77	-	-	-	-	163
Accounts Receivable	-	-	-	-	-	-	-	-	-	-	125
Other Current Assets	1.84	2.29	3.08	3.78	77	100	131	235	270	365	425
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	519	561	583	694	913	1,370	1,774	2,356	3,377	4,408	5,330
Long-Term Investments	344	430	479	568	808	1,211	1,565	2,030	2,967	3,955	5,027
Intangible Assets	3.54	3.54	3.54	3.54	3.54	3.54	3.54	3.54	3.54	3.54	3.54
Noncurrent Deferred & Refundable Income Taxes	6.82	6.61	2.49	7.18	3.37	0.00	2.11	57	56	60	42
Other Noncurrent Operating Assets	164	122	98	116	98	155	133	265	351	390	258
Total Liabilities & Shareholders' Equity	545	614	668	773	1,091	1,547	2,026	2,747	3,773	4,887	6,044
Total Liabilities	432	404	430	509	685	971	1,326	2,002	2,686	3,403	4,084
Total Current Liabilities	313	367	429	509	667	923	1,268	1,801	2,487	3,213	3,852
Accounts Payable	7.41	8.75	6.52	7.09	12	14	23	31	45	55	66
Customer Deposits	220	265	316	369	460	636	881	1,238	1,693	2,286	2,891
Current Deferred Revenue	82	89	103	128	187	261	348	500	701	828	860
Other Current Liabilities	3.83	4.09	3.23	4.57	7.15	13	16	32	48	44	34
Total Noncurrent Liabilities	119	37	1.09	0.02	18	47	58	200	199	190	232
Long-Term Debt	30	-	-	0.00	17	43	43	196	184	184	224
Other Noncurrent Operating Liabilities	90	37	1.09	0.02	0.98	0.12	15	4.46	16	5.79	7.63
Total Equity & Noncontrolling Interests	113	210	238	264	406	576	699	745	1,087	1,484	1,960
Total Preferred & Common Equity	113	210	238	264	406	576	699	745	1,087	1,484	1,960
Total Common Equity	113	210	238	264	406	576	699	745	1,087	1,484	1,960
Common Stock	80	154	155	159	229	292	295	347	353	362	374
Retained Earnings	30	54	74	107	163	243	386	533	828	1,229	1,717
Treasury Stock	-	-	-	-	-	-	-	-	0.00	-10	-101
Accumulated Other Comprehensive Income / (Loss)	3.65	3.01	9.40	-1.26	14	41	18	-135	-95	-97	-31

This table presents Kinsale Capital Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	2,464	2,998	3,270	3,443	4,031	4,395	4,732	5,215	5,557	5,833	6,215
Total Current Assets	423	693	2,355	576	589	670	591	692	725	716	795
Cash & Equivalents	126	159	125	163	136	171	112	142	138	170	223
Accounts Receivable	96	129	-	124	159	172	135	149	168	124	129
Other Current Assets	200	234	-	260	294	327	345	401	418	422	443
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	2,041	2,279	915	2,867	3,442	3,725	4,141	4,523	4,832	5,117	5,420
Long-Term Investments	1,821	2,048	216	2,587	3,161	3,412	3,848	4,203	4,481	4,768	5,102
Intangible Assets	3.54	3.54	3.54	3.54	3.54	3.54	3.54	3.54	3.54	3.54	3.54
Noncurrent Deferred & Refundable Income Taxes	59	53	58	69	56	57	35	50	45	37	54
Other Noncurrent Operating Assets	158	174	432	207	222	252	255	266	302	309	261
Total Liabilities & Shareholders' Equity	2,464	2,998	3,270	3,443	4,031	4,395	4,732	5,215	5,557	5,833	6,215
Total Liabilities	1,845	2,182	2,398	2,519	2,860	3,138	3,297	3,632	3,834	3,968	4,248
Total Current Liabilities	1,718	1,964	1,520	2,334	2,656	2,935	3,088	3,384	3,625	3,760	3,975
Accounts Payable	22	13	22	33	16	27	40	23	38	51	22
Customer Deposits	1,197	1,354	-	1,565	1,845	2,013	2,161	2,471	2,624	2,765	3,063
Current Deferred Revenue	472	564	-	690	747	847	845	846	921	910	856
Other Current Liabilities	26	33	1,498	46	48	48	43	45	42	35	33
Total Noncurrent Liabilities	127	219	878	185	204	203	209	248	209	208	273
Long-Term Debt	123	196	196	184	184	184	184	184	184	199	224
Other Noncurrent Operating Liabilities	4.02	23	682	1.13	20	19	25	64	25	8.36	49
Total Equity & Noncontrolling Interests	619	816	872	924	1,171	1,257	1,435	1,583	1,723	1,865	1,967
Total Preferred & Common Equity	619	816	872	924	1,171	1,257	1,435	1,583	1,723	1,865	1,967
Total Common Equity	619	816	872	924	1,171	1,257	1,435	1,583	1,723	1,865	1,967
Common Stock	298	347	348	351	352	355	358	359	364	369	373
Retained Earnings	469	586	655	728	924	1,013	1,124	1,314	1,445	1,582	1,824
Treasury Stock	-	-	-	-	-	-	-	-20	-30	-50	-163
Accumulated Other Comprehensive Income / (Loss)	-147	-117	-132	-155	-105	-110	-47	-71	-56	-36	-66

This table displays calculated financial ratios and metrics derived from Kinsale Capital Group's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	26.97%	75.71%	31.89%	18.92%	42.22%	45.59%	42.09%	28.36%	45.98%	29.65%	18.04%
EBITDA Growth	69.89%	17.26%	-2.83%	5.32%	86.65%	33.13%	88.05%	5.45%	96.27%	33.47%	22.64%
EBIT Growth	71.55%	17.61%	-2.57%	5.09%	87.87%	32.25%	88.70%	5.30%	97.31%	33.10%	22.88%
NOPAT Growth	73.48%	17.48%	-4.84%	35.69%	87.40%	39.88%	73.27%	5.95%	94.56%	33.71%	21.05%
Net Income Growth	71.69%	17.48%	-4.84%	35.69%	87.40%	39.65%	72.65%	4.23%	93.63%	34.65%	21.40%
EPS Growth	148.94%	-100.00%	0.00%	34.48%	83.33%	35.31%	71.06%	3.93%	92.15%	34.49%	21.77%
Operating Cash Flow Growth	-1.71%	-6.30%	4.96%	34.34%	71.53%	56.97%	45.39%	37.04%	54.14%	13.55%	6.91%
Free Cash Flow Firm Growth	0.00%	-71.49%	9.87%	15.87%	88.80%	60.55%	56.73%	8.63%	92.54%	11.89%	11.79%
Invested Capital Growth	0.00%	-19.72%	-19.53%	-17.40%	-28.11%	-37.92%	-40.90%	-31.97%	-46.38%	-31.67%	-25.25%
Revenue Q/Q Growth	0.00%	0.00%	5.89%	2.85%	12.82%	11.26%	-13.53%	34.56%	8.76%	3.99%	3.95%
EBITDA Q/Q Growth	0.00%	0.00%	3.83%	-11.77%	28.66%	29.12%	-61.60%	231.72%	14.25%	2.82%	6.97%
EBIT Q/Q Growth	0.00%	0.00%	2.46%	-13.13%	27.52%	27.13%	-62.06%	229.95%	13.31%	1.70%	6.02%
NOPAT Q/Q Growth	0.00%	0.00%	-3.66%	-4.19%	26.86%	30.07%	-63.08%	229.34%	13.04%	1.39%	6.20%
Net Income Q/Q Growth	0.00%	0.00%	-3.66%	-4.19%	26.86%	29.85%	7.11%	13.50%	13.29%	1.39%	6.23%
EPS Q/Q Growth	0.00%	0.00%	248.72%	-4.29%	25.99%	29.43%	6.77%	13.34%	13.18%	1.31%	6.39%
Operating Cash Flow Q/Q Growth	0.00%	-45.50%	-5.25%	13.94%	23.28%	5.37%	8.43%	-0.72%	14.73%	0.15%	2.80%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	2.55%	20.27%	63.19%	-33.41%	62.32%	19.70%	-7.90%	10.08%
Invested Capital Q/Q Growth	0.00%	0.00%	0.29%	-0.74%	-3.85%	-18.20%	-19.03%	-3.39%	-9.06%	-2.56%	-4.61%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	45.41%	50.98%	51.31%	52.47%
EBITDA Margin	42.51%	28.37%	20.90%	18.51%	24.29%	22.21%	29.40%	24.15%	32.47%	33.43%	34.73%
Operating Margin	41.64%	27.92%	20.62%	18.22%	24.08%	21.87%	29.04%	23.83%	32.20%	33.06%	34.42%
EBIT Margin	41.71%	27.92%	20.62%	18.22%	24.08%	21.87%	29.04%	23.83%	32.20%	33.06%	34.42%
Profit (Net Income) Margin	27.64%	18.48%	13.33%	15.21%	20.04%	19.23%	23.36%	18.97%	25.16%	26.13%	26.87%
Tax Burden Percent	66.37%	66.19%	64.64%	83.47%	83.25%	88.06%	80.86%	81.36%	80.23%	80.60%	79.40%
Interest Burden Percent	99.82%	100.00%	100.00%	100.00%	100.00%	99.83%	99.48%	97.86%	97.39%	98.07%	98.35%
Effective Tax Rate	33.63%	33.81%	35.36%	16.53%	16.75%	11.94%	19.14%	18.64%	19.77%	19.40%	20.60%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	19.63%	16.17%	11.11%	13.46%	18.90%	18.01%	23.94%	22.03%	33.63%	32.28%	29.25%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	6.16%	6.82%	6.01%	5.62%	8.16%	7.63%	10.63%	8.37%	12.10%	12.12%	11.80%
Return on Assets (ROA)	4.08%	4.51%	3.88%	4.69%	6.80%	6.70%	8.55%	6.67%	9.45%	9.58%	9.22%
Return on Common Equity (ROCE)	19.63%	16.17%	11.11%	13.46%	18.90%	18.01%	23.94%	22.03%	33.63%	32.28%	29.25%
Return on Equity Simple (ROE_SIMPLE)	19.63%	12.45%	10.45%	12.80%	15.60%	15.34%	21.83%	21.34%	28.35%	27.96%	0.00%
Net Operating Profit after Tax (NOPAT)	22	26	25	34	63	89	153	163	316	423	512
NOPAT Margin	27.64%	18.48%	13.33%	15.21%	20.04%	19.26%	23.48%	19.38%	25.84%	26.65%	27.33%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	-0.01%	-0.06%	-0.19%	-0.34%	-0.24%	-0.19%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	17.28%	24.90%	25.37%	23.45%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	54.59%	49.02%	48.69%	47.53%
SG&A Expenses to Revenue	2.47%	1.81%	0.23%	0.08%	0.02%	0.26%	0.10%	0.09%	0.08%	0.25%	0.09%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	58.36%	72.08%	79.38%	81.78%	75.92%	78.13%	70.96%	21.58%	18.78%	18.25%	18.05%
Earnings before Interest and Taxes (EBIT)	34	40	39	40	76	101	190	200	394	525	645
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	34	40	39	41	77	102	192	203	398	531	651
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	3.31	3.90	4.41	5.50	7.82	7.73	8.02	7.13	7.30	4.64
Price to Tangible Book Value (P/TBV)	0.00	3.37	3.96	4.47	5.55	7.87	7.77	8.06	7.16	7.32	4.65
Price to Revenue (P/Rev)	0.00	4.91	4.98	5.24	7.07	9.80	8.27	7.13	6.33	6.82	4.86
Price to Earnings (P/E)	0.00	26.60	37.33	34.46	35.26	50.98	35.40	37.57	25.16	26.11	18.07
Dividend Yield	0.00%	0.30%	0.54%	0.51%	0.32%	0.18%	0.19%	0.20%	0.17%	0.13%	0.17%
Earnings Yield	0.00%	3.76%	2.68%	2.90%	2.84%	1.96%	2.82%	2.66%	3.97%	3.83%	5.54%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	1.52	1.97	2.35	4.25	7.09	5.76	4.75	3.95	4.38	2.21
Enterprise Value to EBITDA (EV/EBITDA)	0.00	5.37	9.44	12.68	17.48	31.92	19.58	19.68	12.18	13.09	6.35
Enterprise Value to EBIT (EV/EBIT)	0.00	5.45	9.57	12.88	17.63	32.42	19.82	19.95	12.28	13.24	6.41
Enterprise Value to NOPAT (EV/NOPAT)	0.00	8.24	14.80	15.43	21.18	36.82	24.51	24.52	15.30	16.43	8.07
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	2.92	4.76	5.01	7.52	11.65	9.24	7.15	5.63	7.12	3.96
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	3.05	4.75	5.80	7.89	11.96	8.80	8.59	5.42	6.95	3.70
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.26	0.00	0.00	0.00	0.04	0.07	0.06	0.26	0.17	0.12	0.11
Long-Term Debt to Equity	0.26	0.00	0.00	0.00	0.04	0.07	0.06	0.26	0.17	0.12	0.11
Financial Leverage	-2.99	-2.53	-2.32	-2.40	-2.29	-2.18	-2.26	-2.52	-2.67	-2.64	-2.57
Leverage Ratio	4.81	3.58	2.86	2.87	2.78	2.69	2.80	3.30	3.56	3.37	3.17
Compound Leverage Factor	4.80	3.58	2.86	2.87	2.78	2.68	2.79	3.23	3.47	3.30	3.12
Debt to Total Capital	20.69%	0.00%	0.00%	0.00%	3.96%	6.88%	5.75%	20.80%	14.47%	11.04%	10.27%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	20.69%	0.00%	0.00%	0.00%	3.96%	6.88%	5.75%	20.80%	14.47%	11.04%	10.27%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	79.31%	100.00%	100.00%	100.00%	96.04%	93.12%	94.25%	79.20%	85.53%	88.96%	89.73%
Debt to EBITDA	0.86	0.00	0.00	0.00	0.22	0.42	0.22	0.97	0.46	0.35	0.34
Net Debt to EBITDA	-9.90	0.00	0.00	0.00	-11.62	-12.20	-8.55	-9.83	-7.32	-7.32	-7.63
Long-Term Debt to EBITDA	0.86	0.00	0.00	0.00	0.22	0.42	0.22	0.97	0.46	0.35	0.34
Debt to NOPAT	1.33	0.00	0.00	0.00	0.26	0.48	0.28	1.20	0.58	0.44	0.44
Net Debt to NOPAT	-15.22	0.00	0.00	0.00	-14.08	-14.07	-10.71	-12.24	-9.20	-9.18	-9.70
Long-Term Debt to NOPAT	1.33	0.00	0.00	0.00	0.26	0.48	0.28	1.20	0.58	0.44	0.44
Altman Z-Score	0.00	0.99	1.30	1.36	2.15	2.94	2.74	1.99	2.04	2.27	1.75
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.08	0.14	0.20	0.15	0.27	0.19	0.20	0.22	0.16	0.15	0.15
Quick Ratio	0.08	0.14	0.19	0.15	0.15	0.08	0.00	0.00	0.00	0.00	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	248	71	78	90	170	273	427	464	894	1,000	1,118
Operating Cash Flow to CapEx	34,070.13%	13,051.50%	43,239.11%	8,168.11%	908.96%	1,007.17%	6,875.71%	8,083.10%	13,014.00%	4,077.61%	1,944.19%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	1,623.24	429.98	108.38	86.78	98.70	105.03
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	1,666.51	409.50	130.21	83.47	96.34	98.04
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	1,501.05	403.54	128.60	82.83	93.98	93.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.15	0.24	0.29	0.31	0.34	0.35	0.37	0.35	0.38	0.37	0.34
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	16.77	15.74	15.45	14.67
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	21.77	23.19	23.63	24.89
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-21.77	-23.19	-23.63	-24.89
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-226	-270	-323	-379	-486	-670	-944	-1,245	-1,823	-2,400	-3,006
Invested Capital Turnover	-0.71	-0.57	-0.63	-0.63	-0.73	-0.80	-0.81	-0.77	-0.80	-0.75	-0.69
Increase / (Decrease) in Invested Capital	-226	-45	-53	-56	-107	-184	-274	-302	-578	-577	-606
Enterprise Value (EV)	0.00	216	369	521	1,341	3,261	3,761	3,987	4,841	6,948	4,133
Market Capitalization	0.00	696	930	1,164	2,232	4,507	5,404	5,978	7,751	10,832	9,099
Book Value per Share	$7.46	$10.03	$11.33	$12.44	$18.32	$25.41	$30.65	$32.52	$46.90	$63.71	$84.23
Tangible Book Value per Share	$7.23	$9.86	$11.16	$12.27	$18.16	$25.25	$30.49	$32.36	$46.75	$63.55	$84.08
Total Capital	143	210	238	264	423	619	742	941	1,271	1,668	2,184
Total Debt	30	0.00	0.00	0.00	17	43	43	196	184	184	224
Total Long-Term Debt	30	0.00	0.00	0.00	17	43	43	196	184	184	224
Net Debt	-339	-480	-561	-643	-891	-1,246	-1,643	-1,991	-2,910	-3,884	-4,966
Capital Expenditures (CapEx)	0.23	0.57	0.18	1.27	20	28	5.92	6.90	6.61	24	54
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-311	-365	-425	-505	-590	-823	-1,138	-1,567	-2,217	-2,848	-3,427
Debt-free Net Working Capital (DFNWC)	-286	-314	-344	-430	-489	-746	-1,017	-1,410	-2,091	-2,735	-3,263
Net Working Capital (NWC)	-286	-314	-344	-430	-489	-746	-1,017	-1,410	-2,091	-2,735	-3,263
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.15	0.80	3.49	8.26	8.17	8.45
Net Nonoperating Obligations (NNO)	-339	-480	-561	-643	-891	-1,246	-1,643	-1,991	-2,910	-3,884	-4,966
Total Depreciation and Amortization (D&A)	0.64	0.64	0.52	0.63	0.68	1.57	2.31	2.72	3.27	5.80	5.83
Debt-free, Cash-free Net Working Capital to Revenue	-385.55%	-257.53%	-227.81%	-227.48%	-186.66%	-179.06%	-174.12%	-186.76%	-181.08%	-179.40%	-182.85%
Debt-free Net Working Capital to Revenue	-355.10%	-221.69%	-184.04%	-193.68%	-154.87%	-162.30%	-155.59%	-168.13%	-170.73%	-172.27%	-174.14%
Net Working Capital to Revenue	-355.10%	-221.69%	-184.04%	-193.68%	-154.87%	-162.30%	-155.59%	-168.13%	-170.73%	-172.27%	-174.14%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$2.03	$1.19	$1.60	$2.94	$3.96	$6.73	$6.97	$13.37	$17.92	$21.76
Adjusted Weighted Average Basic Shares Outstanding	0.00	36.26M	20.99M	21.09M	21.53M	22.32M	22.69M	22.82M	23.05M	23.15M	23.14M
Adjusted Diluted Earnings per Share	$0.00	$2.00	$1.16	$0.00	$2.86	$3.87	$6.62	$6.88	$13.22	$17.78	$21.65
Adjusted Weighted Average Diluted Shares Outstanding	0.00	36.56M	21.50M	0.00	22.14M	22.85M	23.06M	23.13M	23.31M	23.33M	23.26M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	20.97M	21.05M	21.25M	22.23M	22.77M	22.84M	23.10M	23.19M	23.28M	23.15M
Normalized Net Operating Profit after Tax (NOPAT)	22	26	25	34	63	89	153	163	316	423	512
Normalized NOPAT Margin	27.64%	18.48%	13.33%	15.21%	20.04%	19.26%	23.48%	19.38%	25.84%	26.65%	27.33%
Pre Tax Income Margin	41.64%	27.92%	20.62%	18.22%	24.08%	21.83%	28.89%	23.31%	31.36%	32.42%	33.85%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	598.70	190.94	46.65	38.28	51.79	60.58
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	527.18	154.39	37.96	30.71	41.74	48.10
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	433.23	184.98	45.04	37.64	49.43	55.54
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	361.72	148.43	36.34	30.07	39.38	43.06
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	8.01%	20.24%	17.48%	10.94%	9.13%	6.56%	7.50%	4.20%	3.36%	3.13%
Augmented Payout Ratio	0.00%	8.01%	20.24%	17.48%	10.94%	9.13%	6.56%	7.50%	4.20%	5.77%	21.00%

This table displays calculated financial ratios and metrics derived from Kinsale Capital Group's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	23,153,066.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	23,153,066.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	4.86
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	41.57%	39.05%	41.67%	30.02%	32.98%	17.36%	13.57%	22.17%	19.00%	17.26%	10.23%
EBITDA Growth	134.52%	53.79%	66.69%	27.50%	49.89%	6.61%	-2.91%	44.34%	23.44%	25.92%	24.36%
EBIT Growth	134.52%	53.79%	66.69%	27.50%	49.89%	6.61%	-2.91%	44.34%	23.44%	25.92%	24.36%
NOPAT Growth	127.26%	53.02%	74.46%	26.19%	48.76%	5.49%	-9.67%	43.89%	23.57%	26.89%	26.15%
Net Income Growth	130.76%	53.74%	77.31%	27.18%	50.07%	5.52%	-9.82%	44.87%	24.00%	27.06%	26.14%
EPS Growth	127.97%	53.10%	76.67%	27.24%	50.31%	5.18%	-9.67%	45.09%	24.29%	27.84%	27.42%
Operating Cash Flow Growth	26.22%	109.19%	6.45%	23.44%	21.94%	0.69%	9.23%	-3.53%	10.74%	13.34%	8.31%
Free Cash Flow Firm Growth	22.19%	84.31%	21.69%	23.01%	44.03%	0.80%	11.98%	4.67%	-13.74%	8.54%	-7.80%
Invested Capital Growth	-38.77%	-46.38%	-39.37%	-37.19%	-40.01%	-31.67%	-32.76%	-26.64%	-22.80%	-25.25%	-21.55%
Revenue Q/Q Growth	6.29%	11.71%	6.16%	3.16%	8.71%	-1.42%	2.74%	10.96%	5.89%	-2.86%	-3.43%
EBITDA Q/Q Growth	5.64%	35.07%	-10.70%	0.06%	24.18%	-3.93%	-18.67%	48.76%	6.21%	-2.01%	-19.67%
EBIT Q/Q Growth	5.64%	35.07%	-10.70%	0.06%	24.18%	-3.93%	-18.67%	48.76%	6.21%	-2.01%	-19.67%
NOPAT Q/Q Growth	4.23%	34.74%	-4.10%	-6.32%	22.88%	-4.45%	-17.88%	49.23%	5.52%	-1.88%	-18.36%
Net Income Q/Q Growth	4.57%	35.83%	-4.30%	-6.43%	23.39%	-4.50%	-18.21%	50.31%	5.61%	-2.14%	-18.80%
EPS Q/Q Growth	4.49%	36.20%	-4.50%	-6.37%	23.43%	-4.69%	-17.99%	50.39%	5.73%	-1.97%	-18.26%
Operating Cash Flow Q/Q Growth	-0.55%	-5.88%	-0.55%	32.60%	-1.76%	-22.28%	7.89%	17.11%	12.78%	-20.46%	3.10%
Free Cash Flow Firm Q/Q Growth	-0.69%	25.28%	-4.88%	3.95%	16.27%	-12.33%	5.67%	-2.83%	-4.18%	10.32%	-10.23%
Invested Capital Q/Q Growth	-7.06%	-9.06%	-6.53%	-10.30%	-9.26%	-2.56%	-7.41%	-5.22%	-5.95%	-4.61%	-4.23%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	50.52%	54.84%	49.90%	49.73%	52.10%	53.28%	44.97%	53.74%	54.34%	55.88%	49.62%
EBITDA Margin	31.19%	37.72%	31.73%	30.78%	35.16%	34.26%	27.13%	36.36%	36.47%	36.79%	30.60%
Operating Margin	31.19%	37.72%	31.73%	30.78%	35.16%	34.26%	27.13%	36.36%	36.47%	36.79%	30.60%
EBIT Margin	31.19%	37.72%	31.73%	30.78%	35.16%	34.26%	27.13%	36.36%	36.47%	36.79%	30.60%
Profit (Net Income) Margin	24.21%	29.44%	26.54%	24.07%	27.32%	26.47%	21.07%	28.55%	28.47%	28.68%	24.12%
Tax Burden Percent	79.71%	79.52%	85.39%	79.95%	79.11%	78.68%	79.45%	79.70%	79.19%	79.29%	80.59%
Interest Burden Percent	97.38%	98.16%	97.95%	97.83%	98.24%	98.19%	97.79%	98.50%	98.58%	98.32%	97.78%
Effective Tax Rate	20.29%	20.48%	14.61%	20.05%	20.89%	21.32%	20.55%	20.30%	20.81%	20.71%	19.41%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	35.25%	33.63%	35.36%	34.85%	34.69%	32.28%	29.42%	29.98%	28.73%	29.25%	29.68%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	11.89%	14.17%	12.04%	11.43%	13.13%	12.56%	9.61%	12.59%	12.45%	12.62%	10.27%
Return on Assets (ROA)	9.23%	11.06%	10.07%	8.94%	10.21%	9.71%	7.47%	9.89%	9.72%	9.84%	8.09%
Return on Common Equity (ROCE)	35.25%	33.63%	35.36%	34.85%	34.69%	32.28%	29.42%	29.98%	28.73%	29.25%	29.68%
Return on Equity Simple (ROE_SIMPLE)	29.44%	0.00%	30.00%	29.51%	28.51%	0.00%	25.59%	25.93%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	78	105	101	95	116	111	91	136	144	141	115
NOPAT Margin	24.86%	29.99%	27.10%	24.61%	27.81%	26.96%	21.55%	28.98%	28.88%	29.17%	24.66%
Net Nonoperating Expense Percent (NNEP)	-0.09%	-0.08%	-0.08%	-0.07%	-0.06%	-0.06%	-0.06%	-0.05%	-0.05%	-0.05%	-0.06%
Return On Investment Capital (ROIC_SIMPLE)	-	8.29%	-	-	-	6.66%	5.16%	7.14%	6.96%	6.46%	5.25%
Cost of Revenue to Revenue	49.48%	45.16%	50.10%	50.27%	47.90%	46.72%	55.03%	46.26%	45.66%	44.12%	50.38%
SG&A Expenses to Revenue	0.13%	-0.08%	0.53%	0.21%	0.17%	0.13%	0.16%	0.00%	0.10%	0.10%	0.11%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	19.32%	17.12%	18.16%	18.95%	16.94%	19.02%	17.85%	17.37%	17.87%	19.09%	19.02%
Earnings before Interest and Taxes (EBIT)	98	132	118	118	147	141	115	171	181	178	143
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	98	132	118	118	147	141	115	171	181	178	143
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	10.37	7.13	10.38	7.13	7.56	7.30	7.16	6.55	5.31	4.64	4.02
Price to Tangible Book Value (P/TBV)	10.41	7.16	10.41	7.15	7.57	7.32	7.17	6.56	5.32	4.65	4.03
Price to Revenue (P/Rev)	8.51	6.33	9.11	6.30	7.10	6.82	6.92	6.55	5.50	4.86	4.13
Price to Earnings (P/E)	35.22	25.16	34.61	24.17	26.50	26.11	27.96	25.25	20.90	18.07	15.01
Dividend Yield	0.13%	0.17%	0.11%	0.15%	0.13%	0.13%	0.13%	0.13%	0.16%	0.17%	0.22%
Earnings Yield	2.84%	3.97%	2.89%	4.14%	3.77%	3.83%	3.58%	3.96%	4.78%	5.54%	6.66%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	6.20	3.95	6.78	3.91	4.63	4.38	4.38	3.97	2.87	2.21	1.47
Enterprise Value to EBITDA (EV/EBITDA)	20.07	12.18	20.47	11.92	13.69	13.09	13.75	11.93	8.50	6.35	4.18
Enterprise Value to EBIT (EV/EBIT)	20.07	12.28	20.47	11.92	13.69	13.24	13.75	11.93	8.50	6.41	4.18
Enterprise Value to NOPAT (EV/NOPAT)	24.95	15.30	25.15	14.69	16.94	16.43	17.35	15.05	10.72	8.07	5.24
Enterprise Value to Operating Cash Flow (EV/OCF)	9.32	5.63	10.36	6.02	7.25	7.12	7.20	6.94	5.09	3.96	2.64
Enterprise Value to Free Cash Flow (EV/FCFF)	9.35	5.42	9.96	5.80	6.51	6.95	6.83	6.68	5.09	3.70	2.57
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.20	0.17	0.16	0.15	0.13	0.12	0.12	0.11	0.11	0.11	0.11
Long-Term Debt to Equity	0.20	0.17	0.16	0.15	0.13	0.12	0.12	0.11	0.11	0.11	0.11
Financial Leverage	-2.86	-2.67	-2.68	-2.74	-2.70	-2.64	-2.64	-2.63	-2.58	-2.57	-2.61
Leverage Ratio	3.83	3.56	3.54	3.60	3.47	3.37	3.36	3.34	3.20	3.17	3.22
Compound Leverage Factor	3.73	3.49	3.47	3.52	3.40	3.31	3.28	3.29	3.16	3.12	3.15
Debt to Total Capital	16.59%	14.47%	13.57%	12.77%	11.37%	11.04%	10.42%	9.66%	9.65%	10.27%	10.24%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	16.59%	14.47%	13.57%	12.77%	11.37%	11.04%	10.42%	9.66%	9.65%	10.27%	10.24%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	83.41%	85.53%	86.43%	87.23%	88.63%	88.96%	89.58%	90.34%	90.35%	89.73%	89.76%
Debt to EBITDA	0.53	0.46	0.42	0.39	0.36	0.35	0.35	0.32	0.33	0.34	0.33
Net Debt to EBITDA	-7.46	-7.32	-7.05	-7.28	-7.32	-7.32	-7.98	-7.73	-7.79	-7.63	-7.58
Long-Term Debt to EBITDA	0.53	0.46	0.42	0.39	0.36	0.35	0.35	0.32	0.33	0.34	0.33
Debt to NOPAT	0.66	0.58	0.51	0.49	0.44	0.44	0.45	0.41	0.41	0.44	0.42
Net Debt to NOPAT	-9.27	-9.20	-8.66	-8.97	-9.05	-9.18	-10.07	-9.75	-9.83	-9.70	-9.52
Long-Term Debt to NOPAT	0.66	0.58	0.51	0.49	0.44	0.44	0.45	0.41	0.41	0.44	0.42
Altman Z-Score	2.39	1.81	2.68	1.83	2.10	2.01	1.99	1.91	1.66	1.49	1.30
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.25	0.16	0.22	0.23	0.19	0.15	0.20	0.20	0.19	0.15	0.20
Quick Ratio	0.14	0.00	0.11	0.12	0.08	0.00	0.09	0.08	0.08	0.00	0.09
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	545	683	650	675	785	688	727	707	677	747	671
Operating Cash Flow to CapEx	17,529.72%	19,125.41%	5,991.43%	7,305.76%	4,701.97%	1,974.57%	1,892.90%	1,581.68%	2,178.41%	2,276.87%	3,296.28%
Free Cash Flow to Firm to Interest Expense	211.87	280.57	268.19	263.35	303.25	268.99	286.59	276.40	263.62	250.54	211.76
Operating Cash Flow to Interest Expense	87.34	86.91	86.85	108.79	105.84	83.23	90.54	105.24	118.13	80.95	78.58
Operating Cash Flow Less CapEx to Interest Expense	86.84	86.45	85.40	107.30	103.59	79.01	85.75	98.58	112.71	77.40	76.20
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.38	0.38	0.38	0.37	0.37	0.37	0.35	0.35	0.34	0.34	0.34
Accounts Receivable Turnover	10.23	0.00	9.27	0.00	11.79	0.00	10.65	10.13	13.92	0.00	13.84
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	16.07	15.74	3.31	3.79	3.82	15.45	41.72	25.78	19.20	14.67	39.40
Days Sales Outstanding (DSO)	35.69	0.00	39.39	0.00	30.97	0.00	34.28	36.02	26.22	0.00	26.38
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	22.72	23.19	110.11	96.35	95.43	23.63	8.75	14.16	19.01	24.89	9.26
Cash Conversion Cycle (CCC)	12.97	-23.19	-70.72	-96.35	-64.46	-23.63	25.53	21.86	7.21	-24.89	17.12
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-1,672	-1,823	-1,942	-2,142	-2,340	-2,400	-2,578	-2,713	-2,874	-3,006	-3,134
Invested Capital Turnover	-0.78	-0.80	-0.80	-0.77	-0.76	-0.75	-0.72	-0.71	-0.69	-0.69	-0.67
Increase / (Decrease) in Invested Capital	-467	-578	-549	-581	-669	-577	-636	-571	-534	-606	-556
Enterprise Value (EV)	6,984	4,841	9,042	5,569	7,066	6,948	7,168	6,845	5,169	4,133	2,810
Market Capitalization	9,579	7,751	12,155	8,968	10,841	10,832	11,329	11,280	9,909	9,099	7,910
Book Value per Share	$39.88	$46.90	$50.67	$54.01	$61.62	$63.71	$68.00	$73.89	$80.05	$84.23	$84.97
Tangible Book Value per Share	$39.73	$46.75	$50.52	$53.86	$61.47	$63.55	$67.85	$73.74	$79.90	$84.08	$84.82
Total Capital	1,108	1,271	1,355	1,441	1,619	1,668	1,767	1,907	2,065	2,184	2,192
Total Debt	184	184	184	184	184	184	184	184	199	224	224
Total Long-Term Debt	184	184	184	184	184	184	184	184	199	224	224
Net Debt	-2,595	-2,910	-3,113	-3,399	-3,775	-3,884	-4,161	-4,435	-4,739	-4,966	-5,101
Capital Expenditures (CapEx)	1.28	1.11	3.51	3.82	5.83	11	12	17	14	11	7.55
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,950	-2,217	-2,203	-2,436	-2,609	-2,848	-2,834	-3,038	-3,215	-3,427	-3,403
Debt-free Net Working Capital (DFNWC)	-1,758	-2,091	-2,067	-2,265	-2,497	-2,735	-2,692	-2,900	-3,044	-3,263	-3,180
Net Working Capital (NWC)	-1,758	-2,091	-2,067	-2,265	-2,497	-2,735	-2,692	-2,900	-3,044	-3,263	-3,180
Net Nonoperating Expense (NNE)	2.05	1.94	2.07	2.05	2.05	2.01	2.02	2.04	2.03	2.36	2.55
Net Nonoperating Obligations (NNO)	-2,595	-2,910	-3,113	-3,399	-3,775	-3,884	-4,161	-4,435	-4,739	-4,966	-5,101
Total Depreciation and Amortization (D&A)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital to Revenue	-173.20%	-181.08%	-165.14%	-171.22%	-170.89%	-179.40%	-173.02%	-176.28%	-178.31%	-182.85%	-177.51%
Debt-free Net Working Capital to Revenue	-156.14%	-170.73%	-154.93%	-159.20%	-163.58%	-172.27%	-164.35%	-168.27%	-168.87%	-174.14%	-165.86%
Net Working Capital to Revenue	-156.14%	-170.73%	-154.93%	-159.20%	-163.58%	-172.27%	-164.35%	-168.27%	-168.87%	-174.14%	-165.86%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.30	$4.48	$4.28	$4.00	$4.93	$4.71	$3.85	$5.79	$6.12	$6.00	$4.90
Adjusted Weighted Average Basic Shares Outstanding	23.06M	23.05M	23.11M	23.17M	23.18M	23.15M	23.17M	23.18M	23.16M	23.14M	22.98M
Adjusted Diluted Earnings per Share	$3.26	$4.44	$4.24	$3.97	$4.90	$4.67	$3.83	$5.76	$6.09	$5.97	$4.88
Adjusted Weighted Average Diluted Shares Outstanding	23.32M	23.31M	23.34M	23.33M	23.34M	23.33M	23.31M	23.29M	23.27M	23.26M	23.06M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	23.17M	23.19M	23.28M	23.29M	23.29M	23.28M	23.31M	23.30M	23.26M	23.15M	23.06M
Normalized Net Operating Profit after Tax (NOPAT)	78	105	101	95	116	111	91	136	144	141	115
Normalized NOPAT Margin	24.86%	29.99%	27.10%	24.61%	27.81%	26.96%	21.55%	28.98%	28.88%	29.17%	24.66%
Pre Tax Income Margin	30.38%	37.03%	31.08%	30.11%	34.54%	33.64%	26.53%	35.82%	35.96%	36.18%	29.92%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	38.11	54.42	48.84	46.16	56.77	55.18	45.25	66.82	70.63	59.63	45.10
NOPAT to Interest Expense	30.38	43.27	41.70	36.91	44.91	43.42	35.95	53.25	55.93	47.28	36.35
EBIT Less CapEx to Interest Expense	37.62	53.96	47.39	44.67	54.52	50.97	40.47	60.16	65.21	56.07	42.71
NOPAT Less CapEx to Interest Expense	29.88	42.82	40.26	35.42	42.66	39.20	31.17	46.60	50.51	43.72	33.96
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	4.67%	4.20%	3.76%	3.62%	3.35%	3.36%	3.56%	3.33%	3.24%	3.13%	3.34%
Augmented Payout Ratio	4.67%	4.20%	3.76%	3.62%	3.35%	5.77%	8.50%	10.05%	13.78%	21.00%	30.38%

Financials Breakdown Chart

Key Financial Trends

Kinsale Capital Group (NYSE: KNSL) has posted several years of quarterly results that show growing topline and earnings power, supported by a sizable investment portfolio and a solid capital base. Below are the key takeaways, focused on trends from the last four years of quarterly data.

Revenue and earnings have trended higher in 2025 versus 2024, with Q4 2025 operating revenue about $483.3M compared with $412.1M in Q4 2024, indicating meaningful year-over-year topline growth.
Net income attributable to common shareholders rose meaningfully in 2025, with Q4 2025 net income of about $138.6M versus roughly $109.1M in Q4 2024, signaling improved profitability.
Diluted earnings per share advanced to around $5.97 in Q4 2025 (versus $4.71 in Q4 2024), reflecting earnings leverage and higher quarterly profitability.
Cash flow remains robust, as Net Cash From Continuing Operating Activities reached about $1.04B in Q4 2025, underlining strong liquidity to support underwriting and investments.
The balance sheet shows a meaningfully large investment portfolio, with Long-Term Investments around $4.77B as of Q3 2025, supporting investment income and capital efficiency.
Shareholders’ equity has expanded, with Total Common Equity around $1.87B at Q3 2025, reflecting retained earnings growth and a stronger balance sheet.
Dividends per share have typically been paid at modest quarterly levels (roughly $0.15–$0.17 per share in recent quarters), indicating an ongoing, predictable capital return policy aligned with cash flow strength.
The asset mix (notably a large allocation to long-term investments) is characteristic of a life/property-casualty insurer and can provide investment income, but also introduces market risk that could affect investment gains in downturns.
On a quarter-to-quarter basis, Q4 2025 revenue declined slightly from Q3 2025 (≈$483.3M vs ≈$497.5M), and Q4 net income dipped modestly versus the prior quarter, suggesting some seasonal or mix-related headwinds.
Financing activities have generally consumed cash in recent quarters, with negative net cash from financing activities and a negative net change in cash, which may constrain liquidity if investment markets deteriorate or underwriting conditions worsen.

05/08/26 06:06 PM ETAI Generated. May Contain Errors.

Kinsale Capital Group Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Kinsale Capital Group's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Kinsale Capital Group's net income appears to be on an upward trend, with a most recent value of $503.61 million in 2025, rising from $22.27 million in 2015. The previous period was $414.84 million in 2024. See Kinsale Capital Group's forecast for analyst expectations on what's next for the company.

Kinsale Capital Group's total operating income in 2025 was $644.95 million, based on the following breakdown:

Total Gross Profit: $983.29 million
Total Operating Expenses: $338.35 million

Over the last 10 years, Kinsale Capital Group's total revenue changed from $80.60 million in 2015 to $1.87 billion in 2025, a change of 2,225.2%.

Kinsale Capital Group's total liabilities were at $4.08 billion at the end of 2025, a 20.0% increase from 2024, and a 845.7% increase since 2015.

In the past 10 years, Kinsale Capital Group's cash and equivalents has ranged from $0.00 in 2021 to $163.36 million in 2025, and is currently $163.36 million as of their latest financial filing in 2025.

Over the last 10 years, Kinsale Capital Group's book value per share changed from 7.46 in 2015 to 84.23 in 2025, a change of 1,029.2%.

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Financial statements for NYSE:KNSL last updated on 4/27/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Kinsale Capital Group (KNSL) Financials

Financials Breakdown Chart

Key Financial Trends

Kinsale Capital Group Financials - Frequently Asked Questions

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Kinsale Capital Group (KNSL) Financials

Annual Income Statements for Kinsale Capital Group

Quarterly Income Statements for Kinsale Capital Group

Annual Cash Flow Statements for Kinsale Capital Group

Quarterly Cash Flow Statements for Kinsale Capital Group

Annual Balance Sheets for Kinsale Capital Group

Quarterly Balance Sheets for Kinsale Capital Group

Annual Metrics And Ratios for Kinsale Capital Group

Quarterly Metrics And Ratios for Kinsale Capital Group

Financials Breakdown Chart

Key Financial Trends

Kinsale Capital Group Financials - Frequently Asked Questions

When does Kinsale Capital Group's fiscal year end?

How has Kinsale Capital Group's net income changed over the last 10 years?

What is Kinsale Capital Group's operating income?

How has Kinsale Capital Group's revenue changed over the last 10 years?

How much debt does Kinsale Capital Group have?

How much cash does Kinsale Capital Group have?

How has Kinsale Capital Group's book value per share changed over the last 10 years?

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