Enact Holdings (Enact Holdings) Net Margin %

: 53.11% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. Enact Holdings's Net Income for the three months ended in Dec. 2023 was $157 Mil. Enact Holdings's Revenue for the three months ended in Dec. 2023 was $296 Mil. Therefore, Enact Holdings's net margin for the quarter that ended in Dec. 2023 was 53.11%.

The historical rank and industry rank for Enact Holdings's Net Margin % or its related term are showing as below:

ACT' s Net Margin % Range Over the Past 10 Years
Min: 33.48 Med: 57.69 Max: 69.23
Current: 57.69

ACT's Net Margin % is ranked better than
96.08% of 485 companies
in the Insurance industry
Industry Median: 7.39 vs ACT: 57.69

Enact Holdings Net Margin % Historical Data

The historical data trend for Enact Holdings's Net Margin % 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.

* Premium members only.

Enact Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

69.23

33.48

48.80

64.31

57.69

Enact Holdings Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %												51.98	62.64	60.54	54.91	53.11

Competitive Comparison

For the Insurance - Specialty subindustry, Enact Holdings's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

For the Insurance industry and Financial Services sector, Enact Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Enact Holdings's Net Margin % falls into.

Enact Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	665.511	/	1153.686
	=	57.69 %

Enact Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	157.308	/	296.19
	=	53.11 %

Enact Holdings (NAS:ACT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Enact Holdings Net Margin % Related Terms

Thank you for viewing the detailed overview of Enact Holdings's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Enact Holdings (Enact Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Enact Holdings Inc (NAS:ACT) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8325 Six Forks Road, Raleigh, NC, USA, 27615

Website

https://www.enactmi.com

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