Page: Company Financials
Enact Holdings, Inc.
$38.72
-0.65 (-1.65%)
As of: 2026-01-23
Master Data Export
Enterprise Value
| Metric | MRQ | MRQ-1 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Stock Price | 37.15 | 34.75 | 35.95 | 32.62 | 26.03 | 22.51 | 20.90 | 20.49 | 20.49 |
| Market Capitalization | 5,570.27M | 5,276.13M | 5,423.20M | 5,095.32M | 4,187.51M | 3,667.82M | 3,402.54M | 3,336.59M | 3,336.59M |
| (-) Cash & Equivalents | 612.97M | 635.27M | 624.12M | 646.54M | 651.68M | 518.41M | 440.38M | 357.03M | 146.26M |
| (+) Total Debt | 743.75M | 743.40M | 743.58M | 743.55M | 744.43M | 741.91M | 739.28M | 368.95M | 0.00M |
| Enterprise Value | 5,701.06M | 5,384.26M | 5,542.66M | 5,192.33M | 4,280.26M | 3,891.32M | 3,701.44M | 3,348.51M | 3,190.33M |
Income Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,225M | 1,196M | 1,202M | 1,154M | 1,095M | 1,120M | 1,106M | 979M | 841M |
| Cost of Revenue | 332M | 263M | 262M | 250M | 145M | 372M | 616M | 261M | 0M |
| Gross Profit | 893M | 933M | 940M | 903M | 950M | 749M | 491M | 718M | 841M |
| Gross Profit Margin | 72.9% | 78.0% | 78.2% | 78.3% | 86.7% | 66.8% | 44.3% | 73.4% | 100.0% |
| R&D Expenses | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| Operating Expenses | 50M | 63M | 62M | 52M | 52M | 53M | 18M | 0M | 191M |
| Operating Income (EBIT) | 844M | 870M | 878M | 852M | 898M | 695M | 472M | 718M | 650M |
| Operating Income Margin | 68.9% | 72.7% | 73.1% | 73.8% | 82.0% | 62.1% | 42.7% | 73.4% | 77.3% |
| Interest Income | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| Interest Expense | 50M | 52M | 51M | 52M | 52M | 51M | 18M | 0M | 0M |
| Net Interest Income | -50M | -52M | -51M | -52M | -52M | -51M | -18M | 0M | 0M |
| Unusual Items | 50M | 52M | 51M | 52M | 52M | 51M | 18M | 0M | -36M |
| EBT Excluding Unusual Items | 794M | 818M | 827M | 800M | 847M | 644M | 454M | 718M | 650M |
| Pre-Tax Income | 844M | 870M | 878M | 852M | 898M | 695M | 472M | 718M | 614M |
| Pre-Tax Margin | 68.9% | 72.7% | 73.1% | 73.8% | 82.0% | 62.1% | 42.7% | 73.4% | 73.0% |
| Income Tax Expense | 184M | 187M | 190M | 186M | 194M | 149M | 102M | 156M | 130M |
| Net Income | 660M | 683M | 688M | 666M | 704M | 547M | 370M | 678M | 484M |
| Net Income Margin | 53.9% | 57.1% | 57.2% | 57.7% | 64.3% | 48.8% | 33.5% | 69.2% | 57.5% |
| Depreciation & Amortization | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | -614M |
| EBITDA | 844M | 870M | 878M | 852M | 898M | 695M | 472M | 718M | 36M |
| EBITDA Margin | 68.9% | 72.7% | 73.1% | 73.8% | 82.0% | 62.1% | 42.7% | 73.4% | 4.3% |
| NOPAT | 660M | 683M | 688M | 666M | 704M | 547M | 370M | 562M | 513M |
| NOPAT Margin | 53.9% | 57.1% | 57.2% | 57.7% | 64.3% | 48.8% | 33.5% | 57.4% | 60.9% |
| Owner's Earnings | 660M | 683M | 688M | 666M | 698M | -139M | 370M | 502M | -130M |
| Owner's Earnings Margin | 53.9% | 57.1% | 57.2% | 57.7% | 63.7% | -12.4% | 33.5% | 51.2% | -15.4% |
| EPS (Basic) | 4.38 | 4.33 | 4.40 | 4.14 | 4.32 | 3.36 | 2.27 | 3.45 | 2.97 |
| EPS (Diluted) | 4.35 | 4.29 | 4.37 | 4.11 | 4.31 | 3.36 | 2.27 | 4.16 | 2.97 |
| Shares (Basic) | 151M | 158M | 156M | 161M | 163M | 163M | 163M | 163M | 163M |
| Shares (Diluted) | 152M | 159M | 158M | 162M | 163M | 163M | 163M | 163M | 163M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 543.58M | 612.97M | 599.43M | 615.68M | 513.78M | 425.83M | 452.79M | 585.06M | 159.05M |
| Short-Term Investments | 1,737.92M | 1,602.37M | 1,529.37M | 5,286.36M | 4,887.81M | 5,266.34M | 5,046.60M | 3,764.43M | 0.00M |
| Cash & Short-Term Investments | 2,281.49M | 2,215.34M | 2,128.80M | 5,902.04M | 5,401.58M | 5,692.17M | 5,499.39M | 4,349.49M | 159.05M |
| Net Receivables | 48.65M | 44.09M | 53.03M | 45.07M | 41.74M | 42.27M | 46.46M | 41.16M | 0.00M |
| Inventory | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -739.20M | 0.00M | -650.38M | 0.00M |
| Other Current Assets | -2,330.14M | -2,259.43M | 4,042.37M | -5,947.11M | -5,443.32M | 739.20M | -5,545.85M | 650.38M | 369.31M |
| Total Current Assets | 0.00M | 0.00M | 6,224.21M | 0.00M | 0.00M | 5,734.43M | 0.00M | 4,390.65M | 528.36M |
| Property, Plant & Equipment | 0.00M | 0.00M | 8.80M | 0.00M | 0.00M | 5,253.06M | 0.00M | 22.60M | 3,076.15M |
| Goodwill | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Intangible Assets | 0.00M | 0.00M | 23.77M | 0.00M | 0.00M | 14.70M | 0.00M | 30.33M | 28.10M |
| Long-Term Investments | 6,070.50M | 5,899.82M | 4,098.77M | 5,286.36M | 0.00M | 0.00M | 5,046.60M | 3,764.43M | 424.76M |
| Tax Assets | 0.00M | 0.00M | 65.01M | 0.00M | 0.00M | -1.42M | 0.00M | 55.09M | 120.13M |
| Other Non-Current Assets | -6,070.50M | -5,899.82M | -4,131.34M | -5,286.36M | 0.00M | 0.00M | -5,046.60M | -108.03M | 80.38M |
| Other Assets | 6,876.44M | 6,773.47M | 232.31M | 6,190.47M | 0.00M | -5,135.00M | 5,652.71M | -3,652.16M | 0.00M |
| Total Non-Current Assets | 6,876.44M | 6,773.47M | 297.33M | 6,190.47M | 0.00M | 131.34M | 5,652.71M | 112.27M | 3,729.51M |
| Total Assets | 6,876.44M | 6,773.47M | 6,521.53M | 6,190.47M | 0.00M | 5,865.77M | 5,652.71M | 4,502.92M | 4,257.86M |
| Accounts Payable | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Short-Term Debt | 0.00M | 0.00M | 0.00M | 750.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Tax Payables | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 145.95M | 0.00M | 0.00M | 0.00M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -1.42M | 0.00M | 0.00M | 0.00M |
| Other Current Liabilities | 0.00M | 0.00M | 536.62M | -750.00M | 0.00M | 0.00M | 0.00M | 235.06M | 297.88M |
| Total Current Liabilities | 0.00M | 0.00M | 536.62M | 0.00M | 0.00M | 144.53M | 0.00M | 235.06M | 297.88M |
| Long-Term Debt | 744.11M | 743.75M | 743.05M | -4.58M | 742.83M | 740.42M | 738.16M | 23.40M | 0.00M |
| Capital Lease Obligations | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 23.40M | 0.00M |
| Deferred Tax Liabilities | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 1.59M | 36.81M | 52.12M | 28.01M |
| Other Non-Current Liabilities | -744.11M | -743.75M | 0.00M | 4.58M | -735.66M | 1,019.83M | -774.97M | 600.33M | 499.18M |
| Total Non-Current Liabilities | 0.00M | 0.00M | 743.05M | 0.00M | 7.17M | 1,761.84M | 0.00M | 699.25M | 527.20M |
| Total Liabilities | 0.00M | 0.00M | 1,279.67M | 0.00M | 7.17M | 1,906.36M | 0.00M | 934.31M | 825.07M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock | 1.46M | 1.48M | 1.52M | 1.59M | 1.63M | 1.63M | 1.63M | 1.63M | 0.00M |
| Retained Earnings | 3,530.85M | 3,398.61M | 3,125.24M | 2,550.26M | 2,099.96M | 1,648.45M | 1,303.11M | 1,370.04M | 942.41M |
| Accumulated OCI | -41.79M | -104.34M | -207.46M | -230.40M | -382.74M | 83.58M | 208.38M | 93.43M | -26.52M |
| Minority Interest | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Shareholders’ Equity | 3,490.52M | 3,295.76M | 2,919.31M | 2,321.46M | 1,718.84M | 1,733.66M | 1,513.11M | 1,465.10M | 915.89M |
| Total Equity | 3,490.52M | 3,295.76M | 2,919.31M | 2,321.46M | 1,718.84M | 1,733.66M | 1,513.11M | 1,465.10M | 915.89M |
| Total Liabilities & Equity | 3,490.52M | 3,295.76M | 4,198.97M | 2,321.46M | 1,726.01M | 3,640.03M | 1,513.11M | 2,399.41M | 1,740.96M |
| Tangible Assets | 6,876.44M | 6,773.47M | 6,497.76M | 6,190.47M | 0.00M | 5,851.07M | 5,652.71M | 4,472.59M | 4,229.77M |
| Tangible Equity | 3,490.52M | 3,295.76M | 2,895.54M | 2,321.46M | 1,718.84M | 1,718.96M | 1,513.11M | 1,434.77M | 887.79M |
| Tangible Book Value | 3,490.52M | 3,295.76M | 2,895.54M | 2,321.46M | 1,718.84M | 1,718.96M | 1,513.11M | 1,434.77M | 887.79M |
| Total Investments | 6,070.50M | 5,899.82M | 5,628.14M | 5,286.36M | 4,887.81M | 5,266.34M | 5,046.60M | 7,528.86M | 424.76M |
| Net Debt | 200.54M | 130.79M | 143.62M | 129.73M | 229.06M | 314.59M | 285.37M | -561.66M | -159.05M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Working Capital | 0.0M | 0.0M | 5,687.6M | 0.0M | 10,597.0M | 5,589.9M | 0.0M | 4,155.6M | 71.4M |
| Total Capital | 6,061.4M | 5,966.9M | 5,739.1M | 5,377.8M | 4,843.7M | 4,845.9M | 4,620.0M | 3,850.5M | 3,273.7M |
| Capital Employed | 6,876.4M | 6,773.5M | 5,984.9M | 6,190.5M | 5,709.1M | 5,721.2M | 5,652.7M | 4,267.9M | 3,800.9M |
| Invested Capital | 5,517.8M | 5,353.9M | 5,139.7M | 4,762.1M | 4,330.0M | 4,420.1M | 4,167.2M | 3,265.4M | 3,114.7M |
Cash Flow Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | 659.82M | 682.64M | 688.07M | 665.51M | 704.16M | 546.69M | 370.42M | 677.63M | 483.86M |
| Depreciation & Amortization | 0.00M | -2.19M | 0.00M | 0.00M | -0.75M | 3.33M | 0.00M | -2.90M | 0.00M |
| Deferred Income Tax | 8.91M | 1.72M | 4.46M | -1.83M | -2.30M | -1.42M | 11.13M | 56.73M | 0.00M |
| Stock-Based Compensation | 18.04M | 19.14M | 18.77M | 15.28M | 9.88M | 1.50M | 0.00M | 2.90M | 4.10M |
| Change in Working Capital | 5.48M | 27.61M | -53.03M | -61.54M | -158.23M | 21.13M | 309.89M | -156.20M | -152.28M |
| Accounts Receivable | 0.19M | -0.76M | -7.96M | -3.33M | 0.53M | 4.20M | -5.30M | -1.16M | -5.75M |
| Inventory | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Accounts Payable | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Working Capital | 5.29M | 28.37M | -45.07M | -58.21M | -158.75M | 16.93M | 315.19M | -155.05M | -163.67M |
| Other Non-Cash Items | 12.14M | -18.72M | 27.99M | 14.62M | 7.74M | 0.91M | 12.91M | -78.14M | 179.53M |
| Net Cash from Operating Activities | 704.38M | 710.19M | 686.26M | 632.04M | 560.51M | 572.12M | 704.35M | 500.02M | 511.12M |
| Capital Expenditures (PPE) | 0.00M | 0.00M | 0.00M | 0.00M | 6.62M | -685.65M | 0.00M | -175.99M | 0.00M |
| Acquisitions (Net) | 0.00M | -5.51M | 0.00M | 0.00M | -6.52M | -27.30M | 0.00M | 510.25M | 0.00M |
| Purchases of Investments | -2,011.60M | -1,341.63M | -1,605.66M | -1,035.06M | -1,219.31M | -1,583.24M | -1,942.46M | -951.28M | -1,258.82M |
| Sales / Maturities of Investments | 1,647.52M | 1,066.17M | 1,306.25M | 819.58M | 1,005.57M | 1,211.77M | 805.55M | 617.02M | 760.65M |
| Other Investing Activities | -9.27M | 1.94M | -21.10M | -13.93M | -6.62M | 685.65M | 0.00M | 175.99M | -498.18M |
| Net Cash from Investing Activities | -373.35M | -279.03M | -320.51M | -229.40M | -220.26M | -398.78M | -1,136.91M | 175.99M | -498.18M |
| Net Debt Issuance | -0.03M | -15.23M | -7.85M | 0.00M | 0.00M | 0.00M | 737.65M | 0.00M | 0.00M |
| Long-Term Debt Issuance | -0.03M | -15.23M | -7.85M | 0.00M | 0.00M | 0.00M | 737.65M | 0.00M | 0.00M |
| Short-Term Debt Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Stock Issuance | -330.02M | -187.36M | -243.97M | -87.76M | -1.53M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Repurchased | -330.02M | -187.36M | -243.97M | -87.76M | -1.53M | 0.00M | 0.00M | 0.00M | 0.00M |
| Preferred Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | -118.94M | -222.23M | -111.72M | -212.96M | -250.78M | -200.29M | -437.35M | -250.00M | -50.00M |
| Common Dividends Paid | -118.94M | -222.23M | -111.72M | -212.96M | -250.78M | -200.29M | -437.35M | -250.00M | -50.00M |
| Preferred Dividends Paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | -11.83M | -10.98M | -18.46M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Cash from Financing Activities | -460.82M | -435.78M | -382.00M | -300.73M | -252.31M | -200.29M | 300.30M | -250.00M | -50.00M |
| Effect of FX on Cash | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -0.01M | 0.00M | 0.00M | 0.00M |
| Net Change in Cash | -129.79M | -4.63M | -16.25M | 101.91M | 87.95M | -26.97M | -132.26M | 426.01M | -37.06M |
| Cash at Beginning of Period | 2,521.03M | 2,607.04M | 615.68M | 513.78M | 425.83M | 452.79M | 585.06M | 159.05M | 196.11M |
| Cash at End of Period | 2,391.25M | 2,602.41M | 599.43M | 615.68M | 513.78M | 425.83M | 452.79M | 585.06M | 159.05M |
| Operating Cash Flow | 704.38M | 710.19M | 686.26M | 632.04M | 560.51M | 572.12M | 704.35M | 500.02M | 511.12M |
| Capital Expenditure | 0.00M | 0.00M | 0.00M | 0.00M | 6.62M | -685.65M | 0.00M | -175.99M | 0.00M |
| Free Cash Flow | 704.38M | 710.19M | 686.26M | 632.04M | 567.13M | -113.53M | 704.35M | 324.03M | 511.12M |
Free Cash Flow
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 893.35M | 932.74M | 940.31M | 903.38M | 949.75M | 748.56M | 490.66M | 718.17M | 227.43M |
| (-) Tax Adjustment | 194.62M | 200.83M | 203.46M | 197.33M | 205.20M | 159.93M | 105.94M | 155.83M | 48.11M |
| (-) Change In Working Capital | 5.48M | 27.61M | -53.03M | -61.54M | -158.23M | 21.13M | 309.89M | -156.20M | -152.28M |
| (-) Capital Expenditure | 0.00M | 0.00M | 0.00M | 0.00M | 6.62M | -685.65M | 0.00M | -175.99M | 0.00M |
| Unlevered Free Cash Flow | 693.25M | 704.30M | 789.88M | 767.59M | 896.16M | -118.15M | 74.84M | 542.55M | 331.60M |
| (-) Net Interest Income After Taxes | -38.91M | -40.68M | -40.09M | -40.54M | -40.53M | -40.11M | -14.31M | 0.00M | 0.00M |
| Net Debt Issuance | -0.03M | -15.23M | -7.85M | 0.00M | 0.00M | 0.00M | 737.65M | 0.00M | 0.00M |
| Levered Free Cash Flow | 732.14M | 729.75M | 822.11M | 808.13M | 936.69M | -78.04M | 826.79M | 542.55M | 331.60M |