Enact Holdings vs Mgic Investment
Enact Holdings and Mgic Investment are similar in size: $1.24bn and $1.21bn of revenue in their latest fiscal years. Enact Holdings grew faster (2.8% against 0.5%). Mgic Investment kept more of each dollar of sales as profit: a net margin of 60.8% against 54.6%. Mgic Investment carries less debt relative to equity (0.0% against 13.9%).
| Latest fiscal year | Enact HoldingsACT, 2025 | Mgic InvestmentMTG, 2025 |
|---|---|---|
| Revenue | $1.24bn | $1.21bn |
| Revenue growth | 2.8% | 0.5% |
| Net income | $674m | $738m |
| Operating margin | — | — |
| Net margin | 54.6% | 60.8% |
| Return on equity | 13.0% | 14.3% |
| Free cash flow | — | $852m |
| Cash | $582m | $369m |
| Total debt | $744m | $0 |
| Debt to equity | 13.9% | 0.0% |
| Dividend per share | $0.81 | — |
| Dividend yield | — | 2.3% |
| Share buybacks | $382m | $789m |
| Employees | 419 | — |
| Market value | $6.61bn | $5.94bn |
| Price vs our value range | — | — |
| Moat score | — | 92 (Strong) |
| Insider trades, 12 months | 0 buys, 18 sales | 0 buys, 25 sales |