ACT (Enact Holdings) EBIT: $911 Mil (TTM As of Mar. 2026)


ACT Enact Holdings Inc ACT
77 GF Score
Price $44.83
GF Value $38.39
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Enact Holdings EBIT?

Enact Holdings ACT +1.31% 77 EBIT is $911 Mil as of Mar. 2026. GuruFocus rates ACT with a GF Score™ of 77/100 and a GF Value™ of $38.39 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Enact Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $226 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $911 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Enact Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was 11.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Enact Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.11%.


Enact Holdings  (NAS:ACT) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Enact Holdings's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=902.992 * ( 1 - 21.37% )/( (6326.6083 + 6428.5661)/ 2 )
=710.0226096/6377.5872
=11.13 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=6893.466 - 0 - ( 582.493 - 5% * 312.706 )
=6326.6083

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=6962.002 - 0 - ( 549.04 - 5% * 312.082 )
=6428.5661

Note: The EBIT data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Enact Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=910.822/6454.114
=14.11 %

* 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 EBIT Related Terms


Enact Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Enact Holdings's EBIT 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.

Enact Holdings EBIT Chart

Enact Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 746.23 949.92 903.38 929.22 908.79

Enact Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 Premium Member Only Premium Member Only Premium Member Only 223.71 226.80 222.73 235.55 225.75

ACT vs ESNT, MTG, FAF: EBIT Comparison

For the Insurance - Specialty subindustry, Enact Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Insurance Industry

For the Insurance industry and Financial Services sector, Enact Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Enact Holdings's EV-to-EBIT falls into.


ACT
77GF Score
Enact Holdings Inc ACT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Enact Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $911 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $911 Mil mean?
Enact Holdings (ACT) has a EBIT of $911 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Enact Holdings.
Is Enact Holdings' EBIT too high?
Enact Holdings' current EBIT is $911 Mil. Overall, Enact Holdings has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enact Holdings' EBIT compare to ESNT and MTG?
Enact Holdings' EBIT of $911 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Insurance company?
A good EBIT depends on the Insurance industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Enact Holdings. Enact Holdings's current EBIT is $911 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enact Holdings stock overvalued right now?
Based on GuruFocus' analysis, Enact Holdings (ACT) is currently considered Modestly Overvalued. The stock's GF Value™ is $38.39, compared to a current price of $44.83 — trading 16.8% above its estimated fair value. The current EBIT is $911 Mil. Enact Holdings' overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Enact Holdings (ACT), the current EBIT is $911 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Enact Holdings (ACT) Overvalued in 2026?

Based on GuruFocus' analysis, Enact Holdings stock appears to be overvalued. The current stock price of $44.83 is trading 16.8% above its estimated GF Value™ of $38.39. GuruFocus considers Enact Holdings to be Modestly Overvalued.

Key valuation signals for ACT:

  • EBIT: $911 Mil
  • GF Value™: $38.39 vs. price of $44.83 (16.8% above fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the ACT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enact Holdings Business Description

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 operates in a single reportable segment namely Mortgage Insurance The principal mortgage insurance customers are originators of residential mortgage loans that determines the mortgage insurer or insurers to be used for the placement of mortgage insurance written on loans originated. The company is engaged in writing and assuming residential mortgage guaranty insurance.
77GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$44.83
Price
$38.39
GF Value