Enact Holdings
ACT
$29.48
Share price
0.68%
Change (1 day)
20.62%
Change (1 year)
Categories
Operating Margin for Enact Holdings (ACT)
Operating Margin as of April 2024 (TTM): 82.69%
According to Enact Holdings's latest financial reports and stock price the company's current Operating Margin is 82.69%. At the end of 2022 the company had an Operating Margin of 82.03%.
Operating Margin history for Enact Holdings from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 82.03% | 32.17% |
| 2021 | 62.06% | 45.36% |
| 2020 | 42.70% | -41.81% |
| 2019 | 73.37% |
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.