• Enact Holdings average operating margin for 2024 was 72.98%, a 5.22% increase from 2023.
• Enact Holdings average operating margin for 2023 was 77%, a 0.67% decline from 2022.
• Enact Holdings average operating margin for 2022 was 77.52%, a 27.86% decline from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.