Enact Holdings, Inc. (ACT)

Enact Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	980.1	957.08	939.46	974.95	971.37
Total Interest & Dividend Income	240.56	207.37	155.31	141.19	132.84
Gain (Loss) on Sale of Investments	-22.81	-14.02	-2.04	-2.12	-3.32
Other Revenue	3.91	3.26	2.31	3.84	5.58
Total Revenue	1,202	1,154	1,095	1,118	1,106
Revenue Growth (YoY)	4.17%	5.36%	-2.04%	1.03%	13.04%
Policy Benefits	38.66	27.17	-94.22	125.47	379.83
Policy Acquisition & Underwriting Costs	218.32	223.28	235.89	243.41	235.96
Total Operating Expenses	256.97	250.44	141.66	368.89	615.8
Operating Income	944.8	903.25	953.38	748.97	490.66
Interest Expense	-51.16	-51.87	-51.7	-51.01	-18.24
EBT Excluding Unusual Items	893.64	851.38	901.68	697.96	472.42
Merger & Restructuring Charges	-4.65	0.13	-3.46	-2.74	-
Other Unusual Items	-10.93	-	-	-	-
Pretax Income	878.06	851.51	898.22	695.22	472.42
Income Tax Expense	189.99	186	194.07	148.53	102
Net Income	688.07	665.51	704.16	546.69	370.42
Net Income to Common	688.07	665.51	704.16	546.69	370.42
Net Income Growth	3.39%	-5.49%	28.80%	47.59%	-45.34%
Shares Outstanding (Basic)	156	161	163	163	163
Shares Outstanding (Diluted)	158	162	163	163	163
Shares Change (YoY)	-2.65%	-0.89%	0.26%	0.02%	-
EPS (Basic)	4.40	4.14	4.32	3.36	2.27
EPS (Diluted)	4.37	4.11	4.31	3.36	2.27
EPS Growth	6.33%	-4.64%	28.38%	47.89%	-45.43%
Dividend Per Share	0.715	0.620	0.420	-	-
Dividend Growth	15.32%	47.62%	-	-	-
Operating Margin	78.62%	78.29%	87.06%	67.00%	44.34%
Profit Margin	57.25%	57.69%	64.30%	48.91%	33.48%
EBIT	944.8	903.25	953.38	748.97	490.66
EBIT Margin	78.62%	78.29%	87.06%	67.00%	44.34%
Effective Tax Rate	21.64%	21.84%	21.61%	21.37%	21.59%
Revenue as Reported	1,202	1,154	1,095	1,118	1,106

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q