Kinsale Capital Group vs Pelagos Insurance Capital
Pelagos Insurance Capital is the larger business, with $2.50bn of revenue in fiscal 2025 against $1.87bn for Kinsale Capital Group (1.3 times as much). Kinsale Capital Group grew faster (18.0% against 3.3%). Kinsale Capital Group kept more of each dollar of sales as profit: a net margin of 26.9% against 9.0%. Kinsale Capital Group carries less debt relative to equity (11.5% against 35.6%).
| Latest fiscal year | Kinsale Capital GroupKNSL, 2025 | Pelagos Insurance CapitalPLGO, 2025 |
|---|---|---|
| Revenue | $1.87bn | $2.50bn |
| Revenue growth | 18.0% | 3.3% |
| Net income | $504m | $226m |
| Operating margin | — | — |
| Net margin | 26.9% | 9.0% |
| Return on equity | 29.3% | 9.3% |
| Free cash flow | $990m | −$410m |
| Cash | $163m | $873m |
| Total debt | $226m | $855m |
| Debt to equity | 11.5% | 35.6% |
| Dividend per share | $0.68 | — |
| Dividend yield | 0.3% | 2.0% |
| Share buybacks | $90.0m | $261m |
| Employees | 720 | — |
| Market value | $8.64bn | $2.54bn |
| Price vs our value range | — | — |
| Moat score | 84 (Strong) | — |
| Insider trades, 12 months | 15 buys, 11 sales | 0 buys, 0 sales |