Enact Holdings (ACT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Enact Holdings

NasdaqGS•Financial Services•Insurance - Specialty

$48.930.00(0.00%)Market open

Market Cap

$6.83B

P/E

10.0x

P/S

5.4x

P/B

1.3x

Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company engages in writing and assuming residential mortgage guaranty insurance. It also offers private mortgage insurance products insuring prime-based, individually underwritten residential mortgage loans; pool mortgage insurance; contract underwriting services; and mortgage-related reinsurance products. The company serves large money center banks, non-bank lenders, national and local mortgage bankers, community banks, and credit unions. The company was formerly known as Genworth Mortgage Holdings, Inc. and changed its name to Enact Holdings, Inc. in May 2021. Enact Holdings, Inc. was founded in 1981 and is headquartered in Raleigh, North Carolina. Enact Holdings, Inc. is a subsidiary of Genworth Holdings Inc.

How this company scores

ExcellentMetricSide Score: 80/100

Strongest: Profitability (23/25); weakest: Growth (15/25).

Profitability23/25

Growth15/25

Balance Sheet & Red Flags21/25

Cash & Earnings Quality21/25

Strengths

Strong marginsLow leverageInterest easily coveredCash-backed earnings

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 10.0x5y range 3.7x – 10.0x

Currently above its 17-quarter median.

P/S · 5.4x5y range 2.1x – 5.4x

Currently above its 17-quarter median.

P/B · 1.3x5y range 0.8x – 1.3x

Price & Volume

Market Cap $6.83B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.25B
Q. Revenue: $317.31M
TTM EBITDA: $872.01M
TTM Op. Income: $872.01M
Q. Op. Income: $220.53M
TTM Net Income: $683.27M
Q. Net Income: $174.84M
EPS: $1.25
Shares Out.: $139.50M

$1.25B in TTM revenue grew 2.5% YoY, reaching $317.31M last quarter. TTM EBITDA of $872.01M and TTM operating income of $872.01M show growth is flowing through to the bottom line. TTM net income of $683.27M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 69.5%
Op. Margin: 69.5%
Net Margin: 55.1%

Op. margin of 69.5% is down 2.9% YoY — costs are rising relative to revenue. Net margin at 55.1% Over the past year, operating margin is down 4% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 10.0x
P/S Ratio: 5.4x
P/B Ratio: 1.3x

At 10.0x P/E, the stock trades below typical market levels. P/S of 5.4x and P/B of 1.3x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 21% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $6.96B
Cash: $448.45M
Long-Term Debt: $745.23M
Book Value: $5.40B
D/E Ratio: 0.1
Debt/EBITDA: 3.4

With $6.96B in assets and $745.23M in long-term debt, D/E is 0.1and book value is $5.40B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 3% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $118.51M
TTM Free Cash Flow: $720.83M
FCF Margin: 57.5%
FCF / Net Income: 1.1

TTM FCF of $720.83M on $118.51M in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 2 consecutive quarters — a weakening trend.