Enact Holdings Inc

NASDAQ:ACT USA Insurance - Specialty
Market Cap
$5.79 Billion
Market Cap Rank
#7004 Global
#3810 in USA
Share Price
$40.89
Change (1 day)
+0.12%
52-Week Range
$31.91 - $44.19
All Time High
$44.19
About

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 produ… Read more

Enact Holdings Inc (ACT) - Net Assets

Latest net assets as of December 2025: $5.36 Billion USD

Based on the latest financial reports, Enact Holdings Inc (ACT) has net assets worth $5.36 Billion USD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.89 Billion) and total liabilities ($1.54 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $5.36 Billion
% of Total Assets 77.68%
Annual Growth Rate 7.28%
5-Year Change 30.44%
10-Year Change N/A
Growth Volatility 5.56

Enact Holdings Inc - Net Assets Trend (2018–2025)

This chart illustrates how Enact Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Enact Holdings Inc (2018–2025)

The table below shows the annual net assets of Enact Holdings Inc from 2018 to 2025.

Year Net Assets Change
2025-12-31 $5.36 Billion +7.19%
2024-12-31 $5.00 Billion +7.85%
2023-12-31 $4.63 Billion +12.96%
2022-12-31 $4.10 Billion -0.11%
2021-12-31 $4.11 Billion +5.76%
2020-12-31 $3.88 Billion +1.43%
2019-12-31 $3.83 Billion +16.90%
2018-12-31 $3.27 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Enact Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 290.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings $3.68 Billion 68.67%
Common Stock $1.42 Million 0.03%
Other Comprehensive Income $-30.14 Million -0.56%
Other Components $1.71 Billion 31.87%
Total Equity $5.36 Billion 100.00%

Enact Holdings Inc Competitors by Market Cap

The table below lists competitors of Enact Holdings Inc ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Enact Holdings Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 4,996,096,000 to 5,355,181,000, a change of 359,085,000 (7.2%).
  • Net income of 674,244,000 contributed positively to equity growth.
  • Dividend payments of 120,833,000 reduced retained earnings.
  • Share repurchases of 382,399,000 reduced equity.
  • Other comprehensive income increased equity by 177,311,999.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $674.24 Million +12.59%
Dividends Paid $120.83 Million -2.26%
Share Repurchases $382.40 Million -7.14%
Other Comprehensive Income $177.31 Million +3.31%
Other Changes $10.76 Million +0.2%
Total Change $- 7.19%

Book Value vs Market Value Analysis

This analysis compares Enact Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.14x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 2.03x to 1.14x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2018-12-31 $20.10 $40.89 x
2019-12-31 $23.50 $40.89 x
2020-12-31 $23.84 $40.89 x
2021-12-31 $25.21 $40.89 x
2022-12-31 $25.11 $40.89 x
2023-12-31 $28.62 $40.89 x
2024-12-31 $31.71 $40.89 x
2025-12-31 $35.86 $40.89 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Enact Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 12.59%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 54.80%
  • • Asset Turnover: 0.18x
  • • Equity Multiplier: 1.29x
  • Recent ROE (12.59%) is below the historical average (14.16%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2018 14.78% 57.53% 0.21x 1.25x $156.49 Million
2019 17.71% 69.23% 0.21x 1.19x $294.92 Million
2020 9.54% 33.48% 0.19x 1.47x $-17.76 Million
2021 13.32% 48.80% 0.19x 1.44x $136.13 Million
2022 17.17% 64.30% 0.19x 1.40x $294.07 Million
2023 14.37% 57.69% 0.19x 1.34x $202.28 Million
2024 13.77% 57.25% 0.18x 1.31x $188.46 Million
2025 12.59% 54.80% 0.18x 1.29x $138.73 Million

Industry Comparison

This section compares Enact Holdings Inc's net assets metrics with peer companies in the Insurance - Specialty industry.

Industry Context

  • Industry: Insurance - Specialty
  • Average net assets among peers: $2,343,397,396
  • Average return on equity (ROE) among peers: 2.59%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Enact Holdings Inc (ACT) $5.36 Billion 14.78% 0.29x $1.08 Billion
ACMAT Corporation (ACMT) $31.30 Million 2.22% 0.84x $2.73 Million
Assured Guaranty Ltd (AGO) $6.55 Billion 7.95% 1.08x $3.63 Billion
Ambac Financial Group Inc (AMBC) $2.28 Billion -142.47% 9.34x $343.48 Million
AMERISAFE Inc (AMSF) $158.78 Million 23.53% 5.26x $612.03 Million
AXIS Capital Holdings Ltd (AXS) $5.87 Billion 10.94% 2.41x $7.47 Billion
Beazley plc (BZLYF) $1.50 Billion 8.67% 4.04x $6.37 Billion
Employers Holdings Inc (EIG) $144.61 Million 95.15% 20.40x $762.61 Million
Essent Group Ltd (ESNT) $4.46 Billion 18.63% 0.28x $5.45 Billion
First Acceptance Corp (FACO) $92.90 Million -1.32% 2.47x $134.82 Million