Enact Holdings, Inc.

ACT Financial Insurance Specialty

Enact Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 2.83% from fiscal 2024.

Revenue
+0.45%
EPS
+4.50%
Free cash flow
−4.21%
Total debt
+0.20%

Quarter to September 2026, against a year earlier

46.83 0.94 −1.97%
Market cap
$6.6B
P/E
9.9×
Fwd P/E
9.8×
Dividend yield
1.88%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Enact Holdings, Inc. (ACT) Free cash flow margin

Alert me on Free cash flow margin

Enact Holdings, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 56.8%, down 1.8 percentage points from fiscal 2025 (58.6%). Over the past ten years it has ranged from 51.1% (fiscal 2019) to 63.7% (fiscal 2020); the current reading is higher than 75% of that period. That is above the Insurance Specialty industry median of 34.5% and above the Financial sector median of 11.4%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 58.6% 1.53
FY2024 57.1% 2.32
FY2023 54.8% 3.59
FY2022 51.2% 0.01
FY2021 51.2% (12.48)
FY2020 63.7% 12.58
FY2019 51.1% (9.69)
FY2018 60.8% —

Against its own ten years

Low 51.1% High 63.7%
Ten-year median 55.9%
Current reading's percentile 75

Free cash flow margin against peers

Company Free cash flow margin
RDN Radian Group Inc. compare 84.5%
ESNT Essent Group Ltd. compare 62.4%
NMIH NMI Holdings Inc compare 60.4%
MTG MGIC Investment Corporation compare 59.5%
ACT Enact Holdings, Inc. 56.8%
AXS Axis Capital Holdings Limited compare 37.6%
FNF Fidelity National Financial, Inc. compare 35.3%
AGO Assured Guaranty Ltd. compare 34.5%
FAF First American Financial Corporation compare 9.96%
Insurance Specialty industry median 34.5%
Financial sector median 11.4%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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