Neptune Insurance NP

Insurance - Brokers, Financial Services

$28.44

−0.97%

Market cap: $3.9B
PE: 91.7×
Forward PE: n/m; not a meaningful number
Price to sales: 19.9×
EV/EBIT: 56.1×
Revenue, 12 months: $197M; +34% on a year ago
Net margin: 22.7%
Free cash flow yield: n/m; not a meaningful number

Neptune Insurance trades at 91.7× trailing earnings. Revenue was $197M over the last twelve months, up 34% on a year earlier with a 23% net margin.

Charts

Financials

Income statement for NP, by quarter
Income statement	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26
	$33.8M	$31.5M	$29.4M	$42.1M	$44.4M+31%	$43.8M+39%	$37.8M+29%	$55.9M+33%	$59.6M+34%
SG&A	$1.9M	$2.1M	$2.5M	$5.6M	$7.1M+268%	$3.3M+55%	$3.6M+43%	$3.4M−40%	$4.1M−43%
	$19.8M	$18.4M	$15.6M	$21.3M	$20.7M+5%	$13.3M−28%	$13.4M−14%	$26.6M+25%	$28M+35%
Interest expense	$3.8M	$3.1M	$2.4M	$5.9M	$5.5M+46%	$4.5M+43%	$3.5M+47%	$3.6M−38%	$3.6M−35%
Pre-tax income	$16.3M	$15.5M	$13.4M	$15.7M	$15.5M−5%	$9.1M−41%	$10.1M−25%	$23.2M+48%	$24.7M+60%
	$4.2M	$3.9M	$3.5M	$4M	$4M−6%	$4.8M+23%	$2.7M−21%	$7.4M+83%	$7.5M+89%
Net income	$12.1M	$11.6M	$9.9M	$11.6M	$11.5M−5%	$4.3M−63%	$7.3M−26%	$15.8M+36%	$17.3M+50%
	$0.06	$0.06	$0.05	−$0.49	$0.06+0%	$0.03−50%	$0.05+0%	$0.11	$0.12+100%
	93.3M	93.3M	93.3M	93.3M	97.3M+4%	137.6M+47%	145.8M+56%	146.2M+57%	146.4M+51%

EPS, diluted: Q4 FY24 and Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q4 FY24 and Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Insurance - Brokers nearest Neptune Insurance's size, closest first.

Company	Market cap	PE	Its 10y median PE	Fwd PE	P/S	Revenue growth	Net margin
NPNeptune Insurance	$3.9B	91.7×	126×	n/m	19.9×	+34%	22.7%
CRVLCorvel	$4.2B	37.3×	38.1×	n/m	4.3×	+7%	11.7%
HGTYHagerty	$5.4B	260×	50.9×	n/m	3.7×	+8%	1.8%
ACTEnact	$6.6B	10.1×	7.8×	n/m	5.3×	+2%	54.5%
GSHDGoosehead Insurance	$1.7B	39.8×	175×	n/m	4.3×	+18%	8.8%
TWFGTWFG	$1.5B	47.1×	45.8×	n/m	5.2×	+35%	n/m
RYANRyan Specialty	$11.2B	60.7×	92.3×	n/m	3.5×	+14%	3.1%
ERIEErie Indemnity	$13.3B	23.0×	31.6×	n/m	3.2×	+4%	14.0%
BROBrown & Brown	$24.4B	21.8×	29.1×	15.7×	3.6×	+34%	17.7%
CRD-ACrawford	$603.7M	32.7×	15.6×	n/m	0.5×	−4%	1.8%
WTWWillis Towers Watson Public	$30.2B	19.9×	26.0×	15.5×	3.0×	+3%	15.5%
Peer median	$6B	35.0×	34.8×	15.6×	3.7×	+8%	11.7%