Enact Holdings, Inc. Earnings Per Share Disclosure
| (Amounts in thousands, except per share amounts) | 2025 | 2024 | 2023 | ||||||||||||||
| Net income available to EHI common stockholders | $ | 674,244 | $ | 688,068 | $ | 665,511 | |||||||||||
| Net income per common share: | |||||||||||||||||
| Basic | $ | 4.54 | $ | 4.40 | $ | 4.14 | |||||||||||
| Diluted | $ | 4.52 | $ | 4.37 | $ | 4.11 | |||||||||||
| Weighted average common shares outstanding: | |||||||||||||||||
| Basic | 148,373 | 156,277 | 160,870 | ||||||||||||||
| Diluted | 149,318 | 157,554 | 161,847 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 27, 2026 | Showing above |
| 2024 | Feb 28, 2025 | |
| 2023 | Feb 29, 2024 | |
| 2022 | Feb 28, 2023 | |
| 2021 | Feb 28, 2022 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.