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Enact Holdings (Enact Holdings) Pre-Tax Income : $833 Mil (TTM As of Mar. 2024)


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What is Enact Holdings Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Enact Holdings's pretax income for the three months ended in Mar. 2024 was $206 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $833 Mil. Enact Holdings's pretax margin was 70.62%.

During the past 5 years, Enact Holdings's highest Pretax Margin was 82.04%. The lowest was 42.70%. And the median was 73.37%.


Enact Holdings Pre-Tax Income Historical Data

The historical data trend for Enact Holdings's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Enact Holdings Pre-Tax Income Chart

Enact Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
718.17 472.42 695.22 898.22 851.51

Enact Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 224.51 214.15 213.11 199.74 205.92

Competitive Comparison of Enact Holdings's Pre-Tax Income

For the Insurance - Specialty subindustry, Enact Holdings's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Enact Holdings's Pre-Tax Income Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Enact Holdings's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Enact Holdings's Pre-Tax Income falls into.



Enact Holdings Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Enact Holdings's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+851.509
=852

Enact Holdings's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+205.921
=206

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $833 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Enact Holdings  (NAS:ACT) Pre-Tax Income Explanation

Enact Holdings's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=205.921/291.587
=70.62%

During the past 5 years, Enact Holdings's highest Pretax Margin was 82.04%. The lowest was 42.70%. And the median was 73.37%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Enact Holdings Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Enact Holdings's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Enact Holdings (Enact Holdings) Business Description

Traded in Other Exchanges
N/A
Address
8325 Six Forks Road, Raleigh, NC, USA, 27615
Enact Holdings Inc is a private mortgage insurance company serving the United States housing finance market. The company is engaged in the business of writing and assuming residential mortgage guaranty insurance. Its product offerings include Primary mortgage insurance, which provides protection on individual loans at specified coverage percentages. Primary mortgage insurance is placed on individual loans at the time of origination and is typically delivered to the company on a loan-by-loan basis, and Pool mortgage insurance provides coverage on a finite set of individual loans identified by the pool policy.
Executives
Genworth Holdings, Inc. 10 percent owner 6620 WEST BROAD STREET, RICHMOND VA 23230
Jerome T Upton director GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Michael A Bless director C/O ROCKWELL INTERNATIONAL INC, 777 E. WISCONSIN AVE #1400, MILWAUKEE WI 53202
Brian Gould officer: EVP & Chief Operations Officer 8325 SIX FORKS ROAD, RALEIGH NC 27615
Rohit Gupta director, officer: President and CEO C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Sheehan Daniel J Iv director 6620 WEST BROAD STREET, RICHMOND VA 23230
Hardin Dean Mitchell officer: EVP, CFO and Treasurer 8325 SIX FORKS ROAD, RALEIGH NC 27615
Michael Derstine officer: EVP and Chief Risk Officer 8325 SIX FORKS ROAD, RALEIGH NC 27615
Anne G Waleski director 1508 WEST AVENUE, RICHMOND VA 23220
Westley V Thompson director THE PHOENIX COMPANIES, INC., ONE AMERICAN ROW, HARTFORD CT 06102
Debra Still director 520 MADISON AVE, 32ND FL, C/O CHIMERA INVESTMENT CORPORATION, NEW YORK NY 10022
John D Fisk director C/O AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Restrepo Robert P Jr director
Dominic James Addesso director, other: Chairperson of the Board 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Thomas J Mcinerney director 6620 WEST BROAD STREET, RICHMOND VA 23230

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