ACT
Enact Holdings Inc
NASDAQ: ACT · FINANCIAL SERVICES · INSURANCE - SPECIALTY
$44.18
+0.39% today
Updated 2026-04-29
Market cap
$6.19B
P/E ratio
9.70
P/S ratio
5.01x
EPS (TTM)
$4.52
Dividend yield
1.86%
52W range
$33 – $45
Volume
0.3M
Enact Holdings Inc (ACT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $841.10M | $978.85M | $1.11B | $1.12B | $1.10B | $1.15B | $1.20B | $1.23B |
| Revenue growth (YoY) | — | +16.4% | +13.0% | +1.2% | -2.2% | +5.4% | +4.2% | +2.4% |
| Cost of revenue | — | $260.68M | $615.80M | $371.63M | $145.13M | $250.31M | $261.63M | $109.53M |
| Gross profit | $841.10M | $978.85M | $1.11B | $1.12B | $1.10B | $903.38M | $940.31M | $1.12B |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 78.3% | 78.2% | 91.1% |
| R&D | — | — | — | — | — | — | — | — |
| SG&A | — | — | — | — | — | — | — | — |
| Operating income | $613.67M | $829.23M | $466.84M | $691.38M | $949.92M | $851.51M | $878.06M | $858.84M |
| Operating margin | 73.0% | 84.7% | 42.2% | 61.7% | 86.7% | 73.8% | 73.1% | 69.8% |
| EBITDA | $-30.26M | $829.23M | $466.84M | $682.88M | $949.17M | $903.38M | $929.22M | $908.79M |
| EBITDA margin | -3.6% | 84.7% | 42.2% | 61.0% | 86.7% | 78.3% | 77.3% | 73.9% |
| EBIT | $583.41M | $829.23M | $466.84M | $691.38M | $949.92M | $851.51M | $940.15M | — |
| Interest expense | $0.00 | $0.00 | $18.24M | $51.01M | $51.70M | $51.87M | $51.16M | $49.95M |
| Income tax | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $483.86M | $677.63M | $370.42M | $546.68M | $704.16M | $665.51M | $688.07M | $674.24M |
| Net income growth (YoY) | — | +40.0% | -45.3% | +47.6% | +28.8% | -5.5% | +3.4% | -2.0% |
| Profit margin | 57.5% | 69.2% | 33.5% | 48.8% | 64.3% | 57.7% | 57.2% | 54.8% |