Enact Holdings Past Earnings Performance
Past criteria checks 2/6
Enact Holdings has been growing earnings at an average annual rate of 7%, while the Diversified Financial industry saw earnings growing at 11.1% 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 | 6.1% |
| 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
Investors Don't See Light At End Of Enact Holdings, Inc.'s (NASDAQ:ACT) Tunnel
Nov 08
Enact Holdings Has Firm Footings, But The Housing Market Is Softening
Oct 28Enact Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 07Enact Holdings (NASDAQ:ACT) Will Pay A Larger Dividend Than Last Year At $0.185
May 07Enact Holdings, Inc. (NASDAQ:ACT) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 09Here's Why We Think Enact Holdings (NASDAQ:ACT) Might Deserve Your Attention Today
Jun 05Earnings Working Against Enact Holdings, Inc.'s (NASDAQ:ACT) Share Price
Apr 12Do Enact Holdings' (NASDAQ:ACT) Earnings Warrant Your Attention?
Jan 25Do Enact Holdings' (NASDAQ:ACT) Earnings Warrant Your Attention?
Oct 05Enact Holdings completes XOL reinsurance transaction as part of CRT program
Sep 19Enact Holdings: Keeping The Shareholder Returns Coming
Sep 09Enact Holdings Q2 Non-GAAP EPS up Y/Y, revenue down
Aug 01Enact enters into $200M revolving credit facility
Jul 07Enact Holdings: A Little Slice Of The Mortgage Pie
Jun 18Earnings Beat: Enact Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 06Gator Capital Management - Enact Holdings: Ignored Stock
Mar 15Enact Holdings: ACT And Buy
Nov 30Revenue & 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 Sep 24 | 1,196 | 683 | 0 | 0 |
| 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: ACT has high quality earnings.
Growing Profit Margin: ACT'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: ACT's earnings have grown by 7% per year over the past 5 years.
Accelerating Growth: ACT's earnings growth over the past year (4.7%) is below its 5-year average (7% per year).
Earnings vs Industry: ACT earnings growth over the past year (4.7%) did not outperform the Diversified Financial industry 14.7%.
Return on Equity
High ROE: ACT's Return on Equity (13.6%) is considered low.