Enact Holdings
ACT
#2694
Rank
A$7.98 B
Marketcap
$51.27
Share price
0.87%
Change (1 day)
18.51%
Change (1 year)

Operating Margin for Enact Holdings (ACT)

Operating Margin as of November 2024 (TTM): 76.42%

According to Enact Holdings's latest financial reports and stock price the company's current Operating Margin is 76.42%. At the end of 2023 the company had an Operating Margin of 73.81%.

Operating Margin history for Enact Holdings from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202373.81%-10.03%
202282.04%32.19%
202162.06%45.36%
202042.70%-41.81%
201973.37%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.