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Side-by-side financial comparison of Enact Holdings, Inc. (ACT) and IDEX Corporation (IEX). Click either name above to swap in a different company.

IDEX Corporation is the larger business by last-quarter revenue ($398.4M vs $312.7M, roughly 1.3× Enact Holdings, Inc.). On growth, IDEX Corporation posted the faster year-over-year revenue change (16.7% vs 3.6%). Over the past eight quarters, Enact Holdings, Inc.'s revenue compounded faster (3.6% CAGR vs -29.4%).

Enact Holdings, Inc. is a leading U.S.-based private mortgage insurance provider. It delivers risk mitigation solutions to residential mortgage lenders, banks, and credit unions, enabling borrowers with smaller down payments to access affordable home financing, and supports sustainable homeownership for diverse consumer groups across the United States.

IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.

ACT vs IEX — Head-to-Head

Bigger by revenue
IEX
IEX
1.3× larger
IEX
$398.4M
$312.7M
ACT
Growing faster (revenue YoY)
IEX
IEX
+13.0% gap
IEX
16.7%
3.6%
ACT
Faster 2-yr revenue CAGR
ACT
ACT
Annualised
ACT
3.6%
-29.4%
IEX

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
ACT
ACT
IEX
IEX
Revenue
$312.7M
$398.4M
Net Profit
$120.0M
Gross Margin
99.9%
Operating Margin
71.3%
43.3%
Net Margin
30.1%
Revenue YoY
3.6%
16.7%
Net Profit YoY
25.7%
EPS (diluted)
$1.23
$1.61

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACT
ACT
IEX
IEX
Q2 26
$398.4M
Q1 26
$407.7M
Q4 25
$312.7M
$899.1M
Q3 25
$311.5M
$878.7M
Q2 25
$304.9M
$865.4M
Q1 25
$306.8M
$814.3M
Q4 24
$301.8M
$862.9M
Q3 24
$309.6M
$798.2M
Net Profit
ACT
ACT
IEX
IEX
Q2 26
$120.0M
Q1 26
$128.3M
Q4 25
$128.3M
Q3 25
$127.8M
Q2 25
$131.6M
Q1 25
$95.5M
Q4 24
$123.2M
Q3 24
$119.1M
Gross Margin
ACT
ACT
IEX
IEX
Q2 26
99.9%
Q1 26
94.9%
Q4 25
43.1%
Q3 25
44.5%
Q2 25
45.3%
Q1 25
45.3%
Q4 24
42.5%
Q3 24
44.3%
Operating Margin
ACT
ACT
IEX
IEX
Q2 26
43.3%
Q1 26
45.0%
Q4 25
71.3%
20.4%
Q3 25
67.4%
21.1%
Q2 25
70.4%
21.7%
Q1 25
68.9%
17.4%
Q4 24
68.9%
19.2%
Q3 24
74.1%
21.0%
Net Margin
ACT
ACT
IEX
IEX
Q2 26
30.1%
Q1 26
31.5%
Q4 25
14.3%
Q3 25
14.5%
Q2 25
15.2%
Q1 25
11.7%
Q4 24
14.3%
Q3 24
14.9%
EPS (diluted)
ACT
ACT
IEX
IEX
Q2 26
$1.61
Q1 26
$1.71
Q4 25
$1.23
$1.71
Q3 25
$1.10
$1.70
Q2 25
$1.11
$1.74
Q1 25
$1.08
$1.26
Q4 24
$1.05
$1.61
Q3 24
$1.15
$1.57

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACT
ACT
IEX
IEX
Cash + ST InvestmentsLiquidity on hand
$582.5M
$586.2M
Total DebtLower is stronger
$744.5M
Stockholders' EquityBook value
$5.4B
$4.0B
Total Assets
$6.9B
$6.9B
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACT
ACT
IEX
IEX
Q2 26
$586.2M
Q1 26
$580.0M
Q4 25
$582.5M
$580.0M
Q3 25
$545.6M
$593.8M
Q2 25
$616.0M
$568.2M
Q1 25
$639.0M
$594.1M
Q4 24
$602.8M
$620.8M
Q3 24
$674.9M
$633.2M
Total Debt
ACT
ACT
IEX
IEX
Q2 26
Q1 26
Q4 25
$744.5M
$1.8B
Q3 25
$744.1M
$1.9B
Q2 25
$743.8M
$1.9B
Q1 25
$743.4M
$2.0B
Q4 24
$743.0M
$2.0B
Q3 24
$742.7M
$2.1B
Stockholders' Equity
ACT
ACT
IEX
IEX
Q2 26
$4.0B
Q1 26
$4.0B
Q4 25
$5.4B
$4.0B
Q3 25
$5.3B
$4.0B
Q2 25
$5.2B
$4.0B
Q1 25
$5.1B
$3.9B
Q4 24
$5.0B
$3.8B
Q3 24
$5.0B
$3.8B
Total Assets
ACT
ACT
IEX
IEX
Q2 26
$6.9B
Q1 26
$6.9B
Q4 25
$6.9B
$6.9B
Q3 25
$6.9B
$7.0B
Q2 25
$6.8B
$6.9B
Q1 25
$6.7B
$6.8B
Q4 24
$6.5B
$6.7B
Q3 24
$6.6B
$7.0B
Debt / Equity
ACT
ACT
IEX
IEX
Q2 26
Q1 26
Q4 25
0.14×
0.45×
Q3 25
0.14×
0.48×
Q2 25
0.14×
0.46×
Q1 25
0.15×
0.50×
Q4 24
0.15×
0.52×
Q3 24
0.15×
0.55×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACT
ACT
IEX
IEX
Operating Cash FlowLast quarter
$724.5M
Free Cash FlowOCF − Capex
$86.0M
FCF MarginFCF / Revenue
21.6%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$654.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACT
ACT
IEX
IEX
Q2 26
Q1 26
Q4 25
$724.5M
$209.5M
Q3 25
$192.0M
$203.5M
Q2 25
$119.5M
$161.7M
Q1 25
$226.7M
$105.7M
Q4 24
$686.3M
$172.6M
Q3 24
$188.1M
$205.3M
Free Cash Flow
ACT
ACT
IEX
IEX
Q2 26
$86.0M
Q1 26
$189.8M
Q4 25
$189.8M
Q3 25
$188.7M
Q2 25
$146.9M
Q1 25
$91.4M
Q4 24
$157.1M
Q3 24
$191.6M
FCF Margin
ACT
ACT
IEX
IEX
Q2 26
21.6%
Q1 26
46.6%
Q4 25
21.1%
Q3 25
21.5%
Q2 25
17.0%
Q1 25
11.2%
Q4 24
18.2%
Q3 24
24.0%
Capex Intensity
ACT
ACT
IEX
IEX
Q2 26
4.4%
Q1 26
15.6%
Q4 25
2.2%
Q3 25
1.7%
Q2 25
1.7%
Q1 25
1.8%
Q4 24
1.8%
Q3 24
1.7%
Cash Conversion
ACT
ACT
IEX
IEX
Q2 26
Q1 26
Q4 25
1.63×
Q3 25
1.59×
Q2 25
1.23×
Q1 25
1.11×
Q4 24
1.40×
Q3 24
1.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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