Goosehead Insurance, Inc. key statistics and ratios

In fiscal 2025, Goosehead Insurance, Inc. had an operating margin of 20.4% and a current ratio of 1.60. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Goosehead Insurance, Inc.: financial ratios, annual
Fiscal year	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Operating margin	17.8%	−23.2%	18.2%	17.0%	5.7%	4.8%	12.6%	19.4%	20.4%	23.3%
Net margin	0.0%	−14.8%	4.6%	7.9%	3.6%	0.3%	5.4%	9.7%	7.6%	8.8%
Free-cash-flow margin	17.2%	13.6%	22.6%	12.5%	15.0%	12.4%	17.8%	22.4%	23.6%	19.8%
Return on equity	—	—	—	—	—	—	73.2%	84.7%	—	—
Return on assets	0.0%	−34.6%	7.2%	7.4%	2.4%	0.2%	4.2%	8.1%	6.9%	8.6%
Asset turnover	2.56	2.34	1.56	0.93	0.66	0.71	0.77	0.84	0.90	0.98
Current ratio	1.34	2.92	1.99	2.49	1.66	1.46	1.82	2.34	1.60	1.54
Debt to equity	—	—	—	—	—	884.5%	277.1%	212.1%	—	—
Interest cover (operating income ÷ interest)	3.1x	n/m	5.9x	8.6x	3.0x	2.0x	5.0x	8.3x	3.1x	4.1x
Effective tax rate	0.0%	—	11.2%	−5.8%	−38.2%	48.7%	10.2%	−5.2%	12.6%	17.1%
Capital spending as % of revenue	14.6%	3.5%	4.8%	8.5%	8.4%	4.8%	1.7%	0.3%	1.6%	1.6%
Free cash flow ÷ net income	—	—	491.9%	157.9%	420.2%	>999%	328.0%	231.9%	309.3%	225.8%
Dividends ÷ net income	—	—	525.3%	481.3%	>999%	0.0%	0.0%	0.0%	523.8%	—
Dividends and buybacks ÷ free cash flow	348.3%	978.8%	106.8%	304.7%	264.2%	0.0%	0.0%	89.5%	264.3%	169.4%

US$ thousands unless shown otherwise. Fiscal quarters.

Goosehead Insurance, Inc.: financial ratios, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Operating margin	21.1%	29.7%	8.8%	16.7%	23.5%	29.4%	16.1%	23.5%
Net margin	9.7%	15.8%	3.1%	5.5%	8.7%	11.8%	5.3%	8.9%
Free-cash-flow margin	35.9%	12.9%	19.7%	28.9%	26.2%	19.3%	22.8%	12.7%
Current ratio	1.55	2.34	2.79	2.92	1.93	1.60	1.32	1.54
Debt to equity	162.3%	210.3%	—	—	—	—	—	—

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Moat

29 /100

Weak moat

How hard Goosehead Insurance's competitive advantage looks for rivals to wear away, judged from 9 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

Returns on capital 20 / 20

Net income has been a median 4.7% of total assets over 9 years.
Durability 3 / 20

Operating margin has been a median 13.4%; its worst year was -31.2%.
Discipline 3 / 20

The diluted share count rose 140.8% over five years; stock-based pay has been a median 7.7% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (44 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: EHTH vs GSHD GSHD vs HUIZ CRD.A vs GSHD

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Figures from Goosehead Insurance, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Goosehead Insurance, Inc.