Enact Holdings Inc
NASDAQ:ACT
Net Margin
Enact Holdings Inc
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
Enact Holdings Inc
NASDAQ:ACT
|
5.5B USD |
57%
|
|
| US |
|
Rocket Companies Inc
NYSE:RKT
|
28.8B USD |
0%
|
|
| US |
|
Federal National Mortgage Association
OTC:FNMA
|
11.7B USD |
0%
|
|
| US |
|
Mr Cooper Group Inc
NASDAQ:COOP
|
9.6B USD |
26%
|
|
| US |
|
UWM Holdings Corp
NYSE:UWMC
|
6.6B USD |
0%
|
|
| US |
|
MGIC Investment Corp
NYSE:MTG
|
6.6B USD |
63%
|
|
| BM |
|
Essent Group Ltd
NYSE:ESNT
|
6.2B USD |
57%
|
|
| US |
F
|
Federal Home Loan Mortgage Corp
OTC:FMCC
|
5.5B USD |
0%
|
|
| US |
|
PennyMac Financial Services Inc
NYSE:PFSI
|
5.1B USD |
14%
|
|
| US |
|
Radian Group Inc
NYSE:RDN
|
5B USD |
46%
|
|
| US |
|
New York Community Bancorp Inc
NYSE:NYCB
|
4.5B USD |
-98%
|
Enact Holdings Inc
Glance View
Enact Holdings Inc. stands as a notable entity in the domain of private mortgage insurance, emerging from its roots as a subsidiary of Genworth Financial. Its core business revolves around providing private mortgage insurance coverage, a financial product that protects mortgage lenders from potential losses if a borrower defaults. This insurance plays a crucial role in enabling consumers to purchase homes with lower down payments by reducing the risk exposure for lenders. With a keen focus on underwriting and risk management, Enact Holdings collaborates with lenders to offer a suite of mortgage insurance solutions that serve to bridge the gap between homebuyers and lenders, facilitating more accessible homeownership. Amidst the dynamic real estate sector, Enact Holdings consistently delves into risk analytics and technological advancements to optimize its offerings. By evaluating credit, debt, and income patterns, the company adeptly prices its insurance products to align with market demands and economic conditions. Revenue streams are largely generated from premium payments made by borrowers as part of their mortgage agreements, which are typically integrated into monthly mortgage payments. This business model positions Enact Holdings to benefit from positive housing market trends while requiring stringent management of insurance claims and policyholder relations, all aimed at maintaining financial health and market credibility.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Enact Holdings Inc's most recent financial statements, the company has Net Margin of 56.9%.
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