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Goosehead Insurance, Inc.
NASDAQ: GSHD Financials Insurance 🔎 Screen
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$1.4B
Market Cap
70.8
P/E
6.63
PEG
27.7%
ROCE
-71.9%
ROE
-2.16
D/E
21.5%
OPM
-29.2%
% from 52W High
78
α RS
🔍 GSHD is showing a high-conviction setup because it matches 8 of 39 tracked screener presets, RS Rating is 78, and an ECS of 83.9 last quarter. Net: Broad signal stack, not a recommendation. ? Conviction RS Rating ECS
Sources
Conviction 8/39 · RS Rating 78 · ECS 83.9
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🌏 Global Investor Returns
Currency-adjusted total returns for GSHD including FX impact
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📈 Price History
Ratio Health
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By Category
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About

Goosehead Insurance, Inc. operates as a holding company for Goosehead Financial, LLC that engages in the provision of personal lines insurance agency services in the United States. The company offers insurance service for homeowner’s; automotive; dwelling property; flood, wind, and earthquake; excess liability or umbrella; general liability, and property and auto insurance for small businesses; life insurance; and motorcycle, recreational vehicle, and other insurance policies. It distributes its products and services through corporate and franchise locations. Goosehead Insurance, Inc. was founded in 2003 and is headquartered in Westlake, Texas.

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📈 Growth Pattern
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📊 MIXED Goosehead Q1 2026: Revenue $93M, Policies 2M, EBITDA $24.4M
Revenue & Profitability
Total revenues for Q1 2026 were $93.1 million, up 23% year-over-year. Core revenues (commissions and fees) were $79.5 million, up 15%. Adjusted EBITDA was $24.4 million, a 57% increase, representing a 26% margin. Contingent commissions (ancillary revenue) were $11.9 million, up 141%. Cost recovery revenue was $1.7 million. The company generated $22.9 million in cash flow from operations and repurchased $49.8 million of Class A shares. Full-year 2026 guidance was reiterated: organic total revenue growth of 10%-19% and organic total written premium growth of 12%-20%.
Outlook
Management sees a rapidly improving product market with carriers leaning into growth across home and auto. Pricing is stabilizing and product availability is expanding. Client retention is expected to reach 86% during 2026, supported by strategic initiatives and a healthier product market. The company believes it is at the beginning of the single largest opportunity in the personal lines industry, driven by technology and changing consumer preferences.
Growth Drivers
Key growth drivers include corporate office expansion (new offices in Seattle, Washington D.C., Minneapolis, and Indianapolis; more than half of corporate agents now outside Texas), franchise growth (133 franchises hiring, 208 franchises setting monthly production records), and enterprise sales (70% new business growth, contributing 20% of new business commissions). New business commissions grew 29% year-over-year, the fastest pace in five years. The Digital Agent platform is being rolled out to additional states and carriers, with meaningful revenue contribution expected in the second half of 2026.
Balance Sheet & CapEx
Not discussed in traditional capital expenditure terms. The company is investing in its Digital Agent platform and AI initiatives, including tools like intelligent case routing and an AI virtual assistant (Lilly). These investments have allowed the redeployment of about 40 service team members to higher-value tasks. No specific CapEx guidance or capacity expansion numbers were provided.
Margins
Adjusted EBITDA margin for Q1 2026 was 26%, up from the prior year. The company reiterated its full-year margin outlook (flat to slightly down) and expects compensation expense growth in the high-teens to low-20% range for the remainder of the year due to hiring for digital agent integration and sales headcount. G&A was elevated in Q1 due to a franchise conference but expected to normalize. The business remains focused on strong and sustainable margins while investing for long-term value.
Key Risks
Risks flagged include the potential for catastrophic weather events (hail, hurricanes, fires) that could impact contingent commissions. Consumer behavior changes due to steep pricing increases over recent years may lead to higher shopping frequency, though this is seen as an opportunity. The company's retention improvement may be slower than anticipated in some geographies. Geographic concentration in Texas (37% of premiums) is gradually being diversified.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-22
Q2 2026 saw strong growth with premiums up 14% and revenues up 21% year-over-year, driven by robust franchise and enterprise sales, improved client retention, and technology investments. Guidance for 2026 was raised, and a CEO transition was announced.
Q1 2026 Q1 2026 2026-04-22
Q1 2026 delivered 23% revenue growth and 57% adjusted EBITDA growth, driven by digital and AI investments, geographic expansion, and strong enterprise and franchise performance. Guidance for 2026 is reiterated, with continued focus on retention, productivity, and capital returns.
Q4 2025 Q4 2025 2026-02-17
Revenue grew 16% and adjusted EBITDA 14% in 2025, driven by improved retention, productivity, and technology investments. 2026 guidance calls for 10–19% organic revenue growth, with margin pressure from strategic investments but acceleration expected in the second half.
Q3 2025 Q3 2025 2025-10-22
Q3 2025 saw 16% revenue growth and 14% adjusted EBITDA growth, with strong franchise and corporate performance. Digital Agent investments are set to drive future scalability, and guidance for 2025 was reiterated, with expectations for accelerating growth as market conditions improve.
Q2 2025 Q2 2025 2025-07-23
Q2 2025 saw 20% revenue growth and 18% Adjusted EBITDA growth, driven by strong organic expansion, new partnerships, and technology investments. Guidance for 2025 revenue is unchanged, while premium guidance was adjusted for near-term retention trends. Margin compression is expected short-term due to growth investments.
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
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Information Sources:
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