Stocktoria

Enact Holdings, Inc. ACT

Nasdaq · stock · Insurance Agents, Brokers & Service · website · IPO 2021-05-13 · LEI

Enact Holdings, Inc. statistics & valuation

Market cap$6.3B
P / E9.4×
P / S5.1×
P / B1.2×
Dividend yield1.91%
Net margin54.6%
Return on equity12.6%
Net debt$162.0M
Enterprise value USD$6.5B
Graham number +22.3%$60.39

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($60.39); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
33.50% 48.90% 57.70% 57.30% 54.60% 202020212022202320242025
Gross margin (%)
202020212022202320242025
Operating margin (%)
202020212022202320242025
Return on equity (%)
9.50% 13.30% 14.40% 13.80% 12.60% 202020212022202320242025
Shares outstanding
162.8M 162.9M 163.3M 161.8M 157.6M 149.3M 202020212022202320242025
Net debt ($)
$285.4M $314.6M $229.1M $129.7M $143.6M $162.0M 202020212022202320242025
Share buybacks ($)
202020212022202320242025
Return on assets (%)
6.60% 9.30% 10.80% 10.60% 9.80% 202020212022202320242025
Free cash flow margin (%)
202020212022202320242025
Debt / equity (×)
0.19× 0.18× 0.18× 0.16× 0.15× 0.14× 202020212022202320242025
EPS ($)
$2.27 $3.36 $4.31 $4.11 $4.37 $4.52 202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Enact Holdings, Inc. trades at about 10.9× earnings — above its 10-year norm (10-year range 5.8×–8.8×, median 6.9×).

5.8× 10.9×

Shaded band = 10-year range (5.8×–8.8×); dot = today's 10.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020
Net margin54.6%57.3%57.7%—48.9%33.5%
Return on assets9.8%10.6%10.8%—9.3%6.6%
Return on equity12.6%13.8%14.4%—13.3%9.5%
Debt / equity0.14×0.15×0.16×0.18×0.18×0.19×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.