Enact Holdings (ACT) Gross Margin (2020 - 2026)
Enact Holdings (ACT) recorded quarterly Gross Margin of 84.7% in Q1 2026, down 10.18% quarter-over-quarter from 94.3% in Q4 2025, and down 282.0% on a YoY basis from 46.54% in Q1 2025.
Enact Holdings (ACT) Gross Margin (2020 - 2026) Analysis & Trends
Enact Holdings' Gross Margin history runs 7 years deep, the most recent figure standing at 84.7% for Q1 2026.
- In Q1 2026, Gross Margin fell 282.0% year-over-year to 84.7%; the TTM figure through Mar 2026 stood at 88.89% (down 449.0% YoY), while the FY2025 annual figure was 91.14%, down 565.0% from the prior year.
- Gross Margin was 84.7% for Q1 2026 at Enact Holdings, down from 94.3% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 107.78% in Q4 2022 to a low of 74.07% in Q2 2022.
- Historically, Gross Margin has averaged 91.77% across 5 years, with a median of 94.3% in 2025.
- The sharpest annual moves came in 2022 and 2023: Gross Margin sank 1507 bps in 2022, then jumped 2423 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 107.78% in 2022, then dropped by 12 bps to 94.42% in 2023, then increased by 1 bps to 94.91% in 2024, then fell by 1 bps to 94.3% in 2025, then fell by 10 bps to 84.7% in 2026.
- The last three Gross Margin figures came in at 84.7% (Q1 2026), 94.3% (Q4 2025), and 85.34% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | 81.15% |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | - |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | 67.24% |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 84.70% |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 85.88% |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | - |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | 78.95% |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | - |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | 82.76% |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn | 83.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 84.70% |
| Dec 31, 2025 | 94.30% |
| Sep 30, 2025 | 85.34% |
| Jun 30, 2025 | 89.69% |
| Mar 31, 2025 | 87.52% |
| Dec 31, 2024 | 94.91% |
| Sep 30, 2024 | 95.12% |
| Jun 30, 2024 | 94.37% |
| Mar 31, 2024 | 91.90% |
| Dec 31, 2023 | 94.42% |
| Sep 30, 2023 | 94.03% |
| Jun 30, 2023 | 98.29% |
| Mar 31, 2023 | 95.33% |
| Dec 31, 2022 | 107.78% |
| Sep 30, 2022 | 82.85% |
| Jun 30, 2022 | 74.07% |
| Mar 31, 2022 | 95.54% |
| Dec 31, 2021 | 98.43% |
| Sep 30, 2021 | 87.83% |
| Jun 30, 2021 | 89.13% |