Enstar Group Ltd's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Enstar Group Ltd (ESGR) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Enstar Group Ltd vs Its Competitors
- TTM: Trailing 12-month revenue of 1,159M vs 1,307,580M combined for its competitors (0.1% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-29.6% annualized vs trailing 12 months), vs decelerating (-6.9%) for its tracked peer group.
- Growth: Enstar Group Ltd generated -19.4% revenue growth year over year in Q1 2025, vs 6.0% for its competitors combined.
- Profitability: Its 28.9% net margin compares with 6.3% for the peer group.
- Peer revenue share: Enstar Group Ltd accounted for 0.1% of combined revenue among its tracked peer group, down from 0.1% a year earlier.
- Peer differentiation: Revenue per employee of $1.47M compares with $1.28M for the peer group (1.1x).
- Structure: Enstar Group Ltd operates in the following segments: Investment, Run-off, Corporate and Unallocated.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
ESGR Sales vs. its Competitors, Q1 2025
Enstar Group Ltd reported revenue contraction of 19.37 % year on year in Q1 2025, below its competitors' combined revenue growth of 5.95 %.
With a net margin of 28.92 %, Enstar Group Ltd achieved higher profitability than its competitors (6.29 %).
Enstar Group Ltd generated 0.07 % of the combined sales of its peer group, down from 0.09 % a year earlier.
API endpoints for this dataset
Enstar Group Ltd vs. its Competitors, Q1 2025
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Enstar Group Ltd reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Enstar Group Ltd and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Enstar Group Ltd | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (5) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Enstar Group Ltd's competitor groups requires a Commercial License.
For context: the Property & Casualty Insurance industry grew revenue 4.1% year over year, combined, vs -19.4% for Enstar Group Ltd. Enstar Group Ltd's share of combined industry revenue moved from 0.10% to 0.08%, a loss of 0.02 percentage points.
Enstar Group Ltd's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Enstar Group Ltd | Yes | Yes | Yes | No |
| Competitors combined (55) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 62.50 % (5 of 8) | 0.00 % (0 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
ESGR Stock Performance relative to its Competitors
ESGR Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Safety Insurance Group Inc | 282.9% | Outperformed |
| 2 | Siriuspoint Ltd | 282.9% | Outperformed |
| 3 | Universal Insurance Holdings Inc | 282.9% | Outperformed |
| 4 | Travelers Companies inc | 282.9% | Outperformed |
| 5 | Hanover Insurance Group Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Enstar Group Ltd's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Enstar Group Ltd's Comment on Competition and Industry Peers
Publicly Traded Peers of Enstar Group Ltd
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Enstar Group Ltd |
5,085.80 | 1,159.00 |
 Progressive Corp |
132,770.71 | 91,735.00 |
 Marsh and Mclennan Companies Inc |
98,262.06 | 28,470.00 |
 Travelers Companies inc |
83,258.90 | 48,921.00 |
 The Cigna Group |
77,414.78 | 282,382.00 |
 Aon Plc |
71,173.95 | 17,707.00 |
| SUBTOTAL | 1,018,544.72 | 1,308,739.42 |
Sign in to see all competitors of Enstar Group Ltd.
Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Enstar Group Ltd versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Enstar Group Ltd's Competitors Named by the Company
Competitive relationships identified from Enstar Group Ltd reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| PwC | Company report | 85% |
| Maiden Holdings Ltd | Company report | 85% |
| Proassurance Corporation | Company report | 85% |
| Siriuspoint Ltd | Company report | 85% |
| White Mountains Insurance Group ltd | Company report | 85% |
| Kingsway Financial Services Inc | Company report | 85% |
| Cincinnati Financial Corporation | Company report | 85% |
| Greenlight Capital Re Ltd | Company report | 85% |
| Aspen Insurance Holdings Limited | Company report | 85% |
| Rli Corp | Company report | 85% |
| W R Berkley Corp | Company report | 85% |
| Oxbridge Re Holdings Limited | Company report | 85% |
| Markel Group Inc | Company report | 85% |
| Global Indemnity Group Llc | Company report | 85% |
| Donegal Group Inc | Company report | 85% |
| Partnerre Ltd | Company report | 85% |
| James River Group Holdings Inc | Company report | 85% |
| Kingstone Companies Inc | Company report | 85% |
| Axis Capital Holdings Limited | Company report | 85% |
| Safety Insurance Group Inc | Company report | 85% |
| The Hartford Insurance Group Inc | Company report | 85% |
| Universal Insurance Holdings Inc | Company report | 85% |
| Fg Nexus Inc | Company report | 85% |
| Arch Capital Group Ltd | Company report | 85% |
| Berkshire Hathaway Inc | Company report | 85% |
| Hci Group Inc | Company report | 85% |
| Old Republic International Corporation | Company report | 85% |
| Assurant Inc | Company report | 85% |
| United Fire Group Inc | Company report | 85% |
| Allstate Corp | Company report | 85% |
| Amerinst Insurance Group Ltd | Company report | 85% |
| Genworth Financial Inc | Company report | 85% |
| Fednat holding company | Company report | 85% |
| Kemper Corporation | Company report | 85% |
| State Auto Financial Corporation | Company report | 85% |
| Metlife Inc | Company report | 85% |
| American Coastal Insurance Corporation | Company report | 85% |
| Hallmark Financial Services inc | Company report | 85% |
| Reinsurance Group Of America Incorporated | Company report | 85% |
| Loews Corp | Company report | 85% |
| Renaissancere Holdings Ltd | Company report | 85% |
| Heritage Insurance Holdings Inc | Company report | 85% |
| Hartford Financial Services Group Inc | Company report | 85% |
| Unico American Corporation | Company report | 85% |
| Presurance Holdings Inc | Company report | 85% |
| Essent Group Ltd | Company report | 85% |
| Mbia Inc | Company report | 85% |
| Alleghany Corp | Company report | 85% |
| National Security Group Inc. | Company report | 85% |
| Travelers Companies inc | Company report | 85% |
| Hanover Insurance Group Inc | Company report | 85% |
| Progressive Corp | Company report | 85% |
| Tiptree Inc | Company report | 85% |
| Everest Group Ltd | Company report | 85% |
| American Financial Group Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Enstar Group Ltd's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Enstar Group Ltd's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Enstar Group Ltd | Investment 92.65 % |
| Marsh and Mclennan Companies Inc | Risk 55.31 % |
| Travelers Companies inc | Business Insurance 47.23 % |
| The Cigna Group | Evernorth 86.55 % |
| Aon Plc | Risk Capital 65.40 % |
| Allstate Corp | Allstate Protection 86.96 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Enstar Group Ltd's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Enstar Group Ltd | 5,086 | 1,467,089 | 648,101 |
| Progressive Corp | 132,771 | 1,834,700 | 232,440 |
| Marsh and Mclennan Companies Inc | 98,262 | 299,684 | 43,358 |
| Travelers Companies inc | 83,259 | 1,438,853 | 244,618 |
| The Cigna Group | 77,415 | 4,171,078 | 102,555 |
| Aon Plc | 71,174 | 295,117 | 65,750 |
| PEERS TOTAL | 1,013,459 | 1,276,084 | 175,076 |
Enstar Group Ltd's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Aon Plc | Europe, Middle East, and Africa, Other Than United Kingdom and Ireland 14.78 % |
| Brown and Brown Inc | US 88.00 % |
| Ncr Atleos Corporation | United States 46.86 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Enstar Group Ltd's Position in Industry Market Structure
Market-capitalization share and concentration across all 63 companies in Enstar Group Ltd's industry classification, broader than the peer set above. Market cap in millions of $.Enstar Group Ltd ranks #0 of 63 companies by market capitalization in its industry, holding 0.00 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 3,659, indicating a highly concentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 2 | Chubb Limited | 142,814 | 6.88 % |
| 3 | Progressive Corp | 133,063 | 6.41 % |
| 4 | Travelers Companies inc | 84,415 | 4.07 % |
| 5 | Allstate Corp | 66,021 | 3.18 % |
| 6 | American International Group Inc | 1,234 | 5.2% |
| 7 | Arch Capital Group Ltd | 1,234 | 5.2% |
| 8 | The Hartford Insurance Group Inc | 1,234 | 5.2% |
| 9 | W R Berkley Corp | 1,234 | 5.2% |
| 10 | Cincinnati Financial Corporation | 1,234 | 5.2% |
| 11 | Markel Group Inc | 1,234 | 5.2% |
| 0 | Enstar Group Ltd | 5,086 | 0.00 % |
Market cap and industry share for the rest of Enstar Group Ltd's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2025-07-01.
Enstar Group Ltd's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Property & Casualty Insurance industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (89 companies). See the full Property & Casualty Insurance industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 99.22 % | 46.32 % (avg) | +52.9 pp |
| Operating Margin | 51.94 % | industry median | +24.6 pp |
| EBITDA Margin | 54.96 % | 23.23 % (avg) | +31.7 pp |
| Capital Intensity (Capex / Revenue) | 0.00 % | 0.92 % (avg) | -0.9 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Enstar Group Ltd's Valuation vs Competitive Position
Valuation multiples vs the Property & Casualty Insurance industry average (89 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Property & Casualty Insurance industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 10.5x | 11.7x | -1.2x |
| EV / EBITDA | 9.4x | 5.1x | +4.3x |
| P/B | 0.8x | 2.1x | -1.3x |
| Return on Equity | 8.43 % | industry aggregate | -4.32 % |
| Return on Invested Capital | 2.29 % | 7.89 % (avg) | -5.60 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Enstar Group Ltd's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2016 | 2017 | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 9.87 % | -2.13 % | -25.60 % | 212.45 % | -65.26 % | -213.75 % | - | -15.47 % |
| Operating Margin | 30.47 % | 51.20 % | 27.00 % | 69.55 % | 46.64 % | - | 68.23 % | 54.30 % |
| Return on Invested Capital | 2.71 % | 6.00 % | 2.23 % | 14.32 % | 2.21 % | -6.00 % | 3.73 % | 2.50 % |
| P/E | 14.3x | 13.5x | - | 4.9x | 12.9x | - | 3.9x | 9.0x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Enstar Group Ltd's Strategic Group Map
Enstar Group Ltd is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Enstar Group Ltd's trailing-12-month revenue growth of 10.4% and operating margin of 51.9% compares with an average of 7.4% growth and 43.0% margin across its 8 closest peers by combined growth, margin and ROIC -- Enstar Group Ltd sits above that peer average on growth and above it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Enstar Group Ltd's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Low | Industry HHI of 3,659 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.00 % vs industry average 0.92 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Enstar Group Ltd's dedicated Suppliers and Customers pages, not here.
Enstar Group Ltd's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Enstar Group Ltd falls in the High attractiveness / High strength cell: Invest / Grow.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Enstar Group Ltd's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Operating margin 24.6 points above the industry median.
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Latest-quarter revenue run-rate is decelerating (-29.6% annualized vs trailing 12 months).
Opportunities
No rule matched.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-6.9% annualized).
Methodology: see Methodology: SWOT Analysis.
Enstar Group Ltd's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Enstar Group Ltd | 0.07 | 0.35 | 0.31 |
| Progressive Corp | 0.06 | 1.06 | 0.24 |
| Marsh and Mclennan Companies Inc | 0.52 | 1.13 | 1.36 |
| Travelers Companies inc | 0.01 | 1.08 | 0.29 |
| The Cigna Group | 0.12 | 0.82 | 0.76 |
| Aon Plc | 0.06 | 1.06 | 1.86 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Enstar Group Ltd's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Enstar Group Ltd | Q1 2025 | -19.4 % | -53.9 % |
| Progressive Corp | Q3 2026 | +3.0 % | -2.8 % |
| Marsh and Mclennan Companies Inc | Q3 2026 | +7.9 % | +6.7 % |
| Travelers Companies inc | Q3 2026 | -0.5 % | +1.5 % |
| The Cigna Group | Q2 2026 | +6.7 % | +22.4 % |
| Aon Plc | Q3 2026 | +2.6 % | +1.3 % |
| PEERS TOTAL | +5.8 % | +30.3 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Enstar Group Ltd's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Enstar Group Ltd | Q1 2025 | +0.0 % | - |
| Progressive Corp | Q3 2026 | +1,016.0 % | +75.8 % |
| Marsh and Mclennan Companies Inc | Q3 2026 | - | +12.5 % |
| Travelers Companies inc | Q3 2026 | +0.4 % | - |
| The Cigna Group | Q2 2026 | +6.4 % | - |
| Aon Plc | Q3 2026 | - | +36.2 % |
Enstar Group Ltd's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Enstar Group Ltd | 2.53% | 2.53% | 8.43% |
| Progressive Corp | 9.34% | 10.98% | 35.44% |
| Marsh and Mclennan Companies Inc | 6.96% | 11.21% | 27.25% |
| Travelers Companies inc | 5.82% | 8.95% | 26.20% |
| The Cigna Group | 4.44% | 6.84% | 16.41% |
| Aon Plc | 7.15% | 9.96% | 40.15% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Enstar Group Ltd's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Enstar Group Ltd | 10.75 | 4.39 |
| Progressive Corp | 11.48 | 1.45 |
| Marsh and Mclennan Companies Inc | 24.66 | 3.45 |
| Travelers Companies inc | 10.41 | 1.70 |
| The Cigna Group | 12.44 | 0.27 |
| Aon Plc | 18.51 | 4.02 |
| PEERS AVERAGE | 5.66 | 0.78 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.