Company Analysis

Enact Holdings, Inc. (ACT)

Nasdaq: ACT · Insurance Agents, Brokers & Service · Raleigh, NC · filing with the SEC since 2020
Grade6.3
◀ Past 6.8● Present 6.6▶ Future 5.2

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018
Report filedFeb 27, 2026Feb 28, 2025Feb 29, 2024Feb 28, 2023Feb 28, 2022···
Revenue1,235,8271,201,7741,153,6861,095,0461,117,8551,106,459978,853·
For insurers
Premiums earned980,505980,104957,075939,462974,949971,365856,976·
Net investment income266,153240,564207,369155,311141,189132,843116,927·
Benefits, claims and losses109,52638,65727,165-94,221125,473379,83449,850·
Total benefits, losses and expenses376,990323,713302,177196,824422,639634,041260,683·
Selling, general and administrative208,326213,310212,491226,941231,453215,024··
Interest expense49,94951,15751,86751,69951,00918,2440·
Share of profit of equity-method investments····00115,290·
Income before income taxes858,837878,061851,509898,222695,216472,418718,170·
Income tax expense184,593189,993185,998194,065148,531101,997155,832·
Net income674,244688,068665,511·546,685370,421677,628·
Net income to common shareholders674,244688,068665,511704,157546,685370,421··
Earnings per share, basic4.544.404.144.323.362.274.16·
Earnings per share, diluted4.524.374.114.313.362.274.16·
Weighted average shares, basic148,373156,277160,870162,838162,840162,840162,840·
Weighted average shares, diluted149,318157,554161,847163,294162,879162,840162,840·
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Premiums earned insurance premiums earned in the periodus-gaap:PremiumsEarnedNet
Net investment income what its investments earnedus-gaap:NetInvestmentIncome
Benefits, claims and losses what it paid or set aside for claimsus-gaap:PolicyholderBenefitsAndClaimsIncurredNet
Total benefits, losses and expenses claims and every other cost togetherus-gaap:BenefitsLossesAndExpenses
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Interest expense what its borrowing costus-gaap:InterestExpense
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton ACT · research, not advice