Enact Financial Statements
NASDAQ: ACTFinanceSpecialty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Enact revenue and earnings
In fiscal 2025, Enact generated $1.24 billion in revenue, up 2.8% from fiscal 2024, its 3rd consecutive year of revenue growth. Net income was $674.2 million (-2.0% year over year), for a net margin of 54.6% versus a median of 57.3% in the prior 5 years. Diluted earnings per share came in at $4.52, up from $4.37.
Over the last 5 fiscal years, ACT's revenue has grown at a 2.2% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Enact income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Revenue | 1.24B | 1.20B | 1.15B | 1.10B | 1.12B | 1.11B | 978.85M |
| Revenue growth (YoY) | +2.83% | +4.17% | +5.36% | -2.04% | +1.03% | +13.04% | — |
| Operating Expenses | 376.99M | 323.71M | 302.18M | 196.82M | 422.64M | 634.04M | 260.68M |
| Selling, General & Admin | 208.33M | 213.31M | 212.49M | 226.94M | 231.45M | 215.02M | — |
| Interest Expense | 49.95M | 51.16M | 51.87M | 51.70M | 51.01M | 18.24M | 0 |
| Pretax Income | 858.84M | 878.06M | 851.51M | 898.22M | 695.22M | 472.42M | 718.17M |
| Income Tax | 184.59M | 189.99M | 186.00M | 194.06M | 148.53M | 102.00M | 155.83M |
| Net Income | 674.24M | 688.07M | 665.51M | 704.16M | 546.68M | 370.42M | 677.63M |
| Net Income growth (YoY) | -2.01% | +3.39% | -5.49% | +28.80% | +47.58% | -45.34% | — |
| EPS (Basic) | 4.54 | 4.40 | 4.14 | 4.32 | 3.36 | 2.27 | 4.16 |
| EPS (Diluted) | 4.52 | 4.37 | 4.11 | 4.31 | 3.36 | 2.27 | 4.16 |
| Shares Outstanding (Basic) | 148.37M | 156.28M | 160.87M | 162.84M | 162.84M | 162.84M | 162.84M |
| Shares Outstanding (Diluted) | 149.32M | 157.55M | 161.85M | 163.29M | 162.88M | 162.84M | 162.84M |
| Net Margin | 54.56% | 57.25% | 57.69% | 64.30% | 48.90% | 33.48% | 69.23% |
This table shows 7 annual periods of Enact's income statement, from FY 2025 back to FY 2019, across 12 line items including revenue, operating expenses, selling, general & admin. Values in USD; B = billions, M = millions. Fiscal periods follow ACT's reporting calendar. What is a income statement?