Enact Holdings Past Earnings Performance
Past criteria checks 2/6
Enact Holdings has been growing earnings at an average annual rate of 7.3%, while the Diversified Financial industry saw earnings growing at 2.7% annually. Revenues have been growing at an average rate of 1.5% per year. Enact Holdings's return on equity is 13.8%, and it has net margins of 56.2%.
Key information
7.3%
Earnings growth rate
7.1%
EPS growth rate
| Diversified Financial Industry Growth | 9.1% |
| Revenue growth rate | 1.5% |
| Return on equity | 13.8% |
| Net Margin | 56.2% |
| Last Earnings Update | 30 Jun 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
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 1,186 | 666 | 0 | 0 |
| 31 Mar 24 | 1,164 | 651 | 0 | 0 |
| 31 Dec 23 | 1,154 | 666 | 0 | 0 |
| 30 Sep 23 | 1,134 | 652 | 0 | 0 |
| 30 Jun 23 | 1,110 | 679 | 0 | 0 |
| 31 Mar 23 | 1,106 | 716 | 0 | 0 |
| 31 Dec 22 | 1,095 | 704 | 0 | 0 |
| 30 Sep 22 | 1,091 | 714 | 0 | 0 |
| 30 Jun 22 | 1,096 | 660 | 0 | 0 |
| 31 Mar 22 | 1,099 | 586 | 0 | 0 |
| 31 Dec 21 | 1,118 | 547 | 0 | 0 |
| 30 Sep 21 | 1,131 | 484 | 0 | 0 |
| 30 Jun 21 | 1,135 | 485 | 0 | 0 |
| 31 Mar 21 | 1,134 | 350 | 0 | 0 |
| 31 Dec 20 | 1,106 | 370 | 0 | 0 |
| 30 Sep 20 | 1,090 | 469 | 0 | 0 |
| 30 Jun 20 | 1,057 | 513 | 0 | 0 |
| 31 Mar 20 | 1,010 | 670 | 0 | 0 |
| 31 Dec 19 | 979 | 678 | 0 | 0 |
| 31 Dec 18 | 841 | 454 | 0 | 0 |
Quality Earnings: 61W has high quality earnings.
Growing Profit Margin: 61W's current net profit margins (56.2%) are lower than last year (61.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 61W's earnings have grown by 7.3% per year over the past 5 years.
Accelerating Growth: 61W's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 61W had negative earnings growth (-1.9%) over the past year, making it difficult to compare to the Diversified Financial industry average (-28.3%).
Return on Equity
High ROE: 61W's Return on Equity (13.8%) is considered low.