Enact Holdings, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.24B | $1.20B | $1.15B | $1.10B | $1.12B | $1.11B | $978.9M |
| Premiums | $980.5M | $980.1M | $957.1M | — | — | — | — |
| Net investment income | $266.2M | $240.6M | $207.4M | — | — | — | — |
| Net investment gains (losses) | $-16.3M | $-22.8M | $-14.0M | — | — | — | — |
| Other income | $5.4M | $3.9M | $3.3M | — | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $208.3M | $213.3M | $212.5M | $226.9M | $231.5M | $215.0M | — |
| Operating Income | $908.8M | $929.2M | $903.4M | $949.9M | $746.2M | $490.7M | $718.2M |
| Operating Margin | 73.5% | 77.3% | 78.3% | 86.7% | 66.8% | 44.3% | 73.4% |
| Interest Expense | $49.9M | $51.2M | $51.9M | $51.7M | $51.0M | $18.2M | $0 |
| Pretax Income | $858.8M | $878.1M | $851.5M | $898.2M | $695.2M | $472.4M | $718.2M |
| Income Tax Expense | $184.6M | $190.0M | $186.0M | $194.1M | $148.5M | $102.0M | $155.8M |
| Net Income | $674.2M | $688.1M | $665.5M | $704.2M | $546.7M | $370.4M | $677.6M |
| Net Margin | 54.6% | 57.3% | 57.7% | 64.3% | 48.9% | 33.5% | 69.2% |
| 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) | 148.4M | 156.3M | 160.9M | 162.8M | 162.8M | 162.8M | 162.8M |
| Shares Outstanding (Diluted) | 149.3M | 157.6M | 161.8M | 163.3M | 162.9M | 162.8M | 162.8M |
| Dividends Per Share | $0.82 | $0.72 | $1.33 | $1.54 | — | — | — |