← Enact Holdings, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenues: | $978.9m | $1.1b | $1.1b | $1.1b | $1.2b | $1.2b | $1.2b | $1.3b | |
| Acquisition and operating expenses, net of deferrals | $195.8m | $215.0m | $231.5m | $226.9m | $212.5m | $213.3m | $208.3m | — | |
| Interest expense | $0 | $18.2m | $51.0m | $51.7m | $51.9m | $51.2m | $49.9m | $50.2m | |
| Net investment income | $116.9m | $132.8m | $141.2m | $155.3m | $207.4m | $240.6m | $266.2m | $281.3m | |
| Gain (loss) on extinguishment of debt | — | — | — | $0 | $0 | $10.9m | $0 | — | |
| Other income | $4.2m | $5.6m | $3.8m | $2.3m | $3.3m | $3.9m | $5.4m | — | |
| Income before income taxes | — | $472.4m | $695.2m | $898.2m | $851.5m | $878.1m | $858.8m | $866.3m | |
| Provision for income taxes | $155.8m | $102.0m | $148.5m | $194.1m | $186.0m | $190.0m | $184.6m | — | |
| Net income | $677.6m |
$370.4m
-45.34%
|
$546.7m
+47.58%
|
$704.2m
+28.80%
|
$665.5m
-5.49%
|
$688.1m
+3.39%
|
$674.2m
-2.01%
|
$683.3m
+1.34%
|
|
| Basic (in usd per share) | $4.16 | $2.27 | $3.36 | $4.32 | $4.14 | $4.40 | $4.54 | — | |
| Diluted (in usd per share) | $4.16 | $2.27 | $3.36 | $4.31 | $4.11 | $4.37 | $4.52 | — | |
| Premiums | $857.0m | $971.4m | $974.9m | $939.5m | $957.1m | $980.1m | $980.5m | — | |
| Net investment gains (losses) | $718k | ($3.3m) | ($2.1m) | ($2.0m) | ($14.0m) | ($22.8m) | ($16.3m) | — | |
| Losses incurred | $49.9m | $379.8m | $125.5m | ($94.2m) | $27.2m | $38.7m | $109.5m | — | |
| Amortization of deferred acquisition costs and intangibles | $15.1m | $20.9m | $14.7m | $12.4m | $10.7m | $9.7m | $9.2m | — | |
| Total losses and expenses | $260.7m | $634.0m | $422.6m | $196.8m | $302.2m | $323.7m | $377.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.