Enact Holdings Past Earnings Performance
Past criteria checks 2/6
Enact Holdings has been growing earnings at an average annual rate of 8.1%, while the Diversified Financial industry saw earnings growing at 8.1% annually. Revenues have been growing at an average rate of 3.6% per year. Enact Holdings's return on equity is 14.4%, and it has net margins of 57.7%.
Key information
8.1%
Earnings growth rate
7.7%
EPS growth rate
| Diversified Financial Industry Growth | 6.1% |
| Revenue growth rate | 3.6% |
| Return on equity | 14.4% |
| Net Margin | 57.7% |
| Next Earnings Update | 01 May 2024 |
Recent past performance updates
Recent updates
Enact Holdings, Inc. (NASDAQ:ACT) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 09
Here'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 BreakdownBeta
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 |
|---|---|---|---|---|
| 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 (57.7%) are lower than last year (64.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ACT's earnings have grown by 8.1% per year over the past 5 years.
Accelerating Growth: ACT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ACT had negative earnings growth (-5.5%) over the past year, making it difficult to compare to the Diversified Financial industry average (9.9%).
Return on Equity
High ROE: ACT's Return on Equity (14.4%) is considered low.