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MARKETS / NASDAQ / ACT
NASDAQ · INSURANCE AGENTS, BROKERS & SERVICE · LARGE CAP

Enact Holdings, Inc. ACT

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.2B
▲ 2.8% YoY
$674.2M
▼ 2.0% YoY
In brief

What this company does

Enact writes and assumes residential mortgage guaranty insurance that covers a portion of the unpaid principal balance of Low Down Payment Loans, mortgage loans where the loan amount exceeds 80% of the value of the home, protecting lenders and investors against certain losses resulting from nonpayment of loans secured by mortgages, deeds of trust, or other instruments constituting a first lien on residential real estate. It facilitates the sale of mortgages to the secondary market, including to private investors as well as the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. The company operates in all 50 states and the District of Columbia. As of December 31, 2025, it had 419 full-time employees, all working in the United States, with 51% based in its Raleigh, North Carolina office and the remaining 49% working in the field, predominantly in sales and underwriting. It conducts a majority of its business through its primary insurance subsidiary, Enact Mortgage Insurance Corporation, and offers mortgage and credit-related insurance and reinsurance through its other subsidiaries. One of these subsidiaries, Enact Re Ltd., its wholly owned Bermuda-based subsidiary, reinsures EMICO's new and existing insurance in-force under quota share reinsurance agreements. Its operations also include a run-off insurance block with reference properties in Mexico, which is immaterial to its results.

Written from the business description in Enact Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.

Growth
USD 1.2B
Revenue, FY2025 · full 7-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.2 · Net income 0.7
0.5B1.0B2019202020212022202320242025
Compound annual growth
+4.1%
+2.2%
+1.6%
+14.8%
−19.1%
+25.9%
+2.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +2.2% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
55 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 69.5% · Net 54.6%
50%2019202020212022202320242025
ROE
FY2025 · ROE 13.0%
5%10%15%2019202020212022202320242025

Each USD of equity produced 13 cents of profit this year.

Cash & shareholders
USD 503.2M
returned in FY2025 · dividends + net buybacks
Net buybacks $M Dividends $M
FY2025 · Dividends 120.8 · Net buybacks 382.4
200M400MDividendsNet buybacks2019202020212022202320242025

USD 120.8M in dividends and USD 382.4M in buybacks — 75% of the year's profit went back to shareholders.

Total assetsUSD 6.9B
EquityUSD 5.4B
CashUSD 582.5M
Gross debtUSD 744.5M
Net debtUSD 162.0M

Net debt stands at 3% of equity.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B1.21.21.21.11.11.11.0
Operating income $B0.90.90.90.90.70.5·
EBITDA $B·······
Income tax $B0.20.20.20.20.10.10.2
Net income $B0.70.70.70.70.50.40.7
EPS, diluted $4.524.374.114.313.362.274.16
Dividend / sh $0.810.711.331.54···
Payout %181632363711837
ROE %13.014.315.217.213.79.619.1
Shares out B0.140.150.160.160.160.16·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 21 reconciliationsAUDITED

Reconciled in 8 of 19 fiscal years. 36 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityInsurance Agents, Brokers & Service
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2018

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