Enact Holdings Past Earnings Performance

Past criteria checks 3/6

Enact Holdings has been growing earnings at an average annual rate of 7%, while the Diversified Financial industry saw earnings growing at 0.6% annually. Revenues have been growing at an average rate of 2.5% per year. Enact Holdings's return on equity is 13.6%, and it has net margins of 57.1%.

Key information

7.0%

Earnings growth rate

7.0%

EPS growth rate

Diversified Financial Industry Growth	9.1%
Revenue growth rate	2.5%
Return on equity	13.6%
Net Margin	57.1%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Enact Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:61W Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings
30 Sep 24	1,196	683
30 Jun 24	1,186	666
31 Mar 24	1,164	651
31 Dec 23	1,154	666
30 Sep 23	1,134	652
30 Jun 23	1,110	679
31 Mar 23	1,106	716
31 Dec 22	1,095	704
30 Sep 22	1,091	714
30 Jun 22	1,096	660
31 Mar 22	1,099	586
31 Dec 21	1,118	547
30 Sep 21	1,131	484
30 Jun 21	1,135	485
31 Mar 21	1,134	350
31 Dec 20	1,106	370
30 Sep 20	1,090	469
30 Jun 20	1,057	513
31 Mar 20	1,010	670
31 Dec 19	979	678
31 Dec 18	841	454

Quality Earnings: 61W has high quality earnings.

Growing Profit Margin: 61W's current net profit margins (57.1%) are lower than last year (57.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 61W's earnings have grown by 7% per year over the past 5 years.

Accelerating Growth: 61W's earnings growth over the past year (4.7%) is below its 5-year average (7% per year).

Earnings vs Industry: 61W earnings growth over the past year (4.7%) exceeded the Diversified Financial industry -11%.

Return on Equity

High ROE: 61W's Return on Equity (13.6%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/17 17:21
End of Day Share Price	2024/12/17 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Enact Holdings, Inc. is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mihir Bhatia	BofA Global Research
Eric Hagen	BTIG
Arren Cyganovich	Citigroup Inc