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Side-by-side financial comparison of Enact Holdings, Inc. (ACT) and Liberty Broadband Corp (LBRDA). Click either name above to swap in a different company.

Enact Holdings, Inc. is the larger business by last-quarter revenue ($312.7M vs $261.0M, roughly 1.2× Liberty Broadband Corp). On growth, Liberty Broadband Corp posted the faster year-over-year revenue change (6.1% vs 3.6%). Over the past eight quarters, Liberty Broadband Corp's revenue compounded faster (4.3% CAGR vs 3.6%).

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.

Liberty Global Ltd. is a British-Dutch-American multinational telecommunications company domiciled in Bermuda, with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty Global Holdings Limited (UK), Liberty Global B.V. (Netherlands) and Liberty Global, Inc., with the first of these being publicly traded. It was formed in 2005 by the merger of the international arm of Liberty Media and UnitedGlobalCom (UGC).

ACT vs LBRDA — Head-to-Head

Bigger by revenue
ACT
ACT
1.2× larger
ACT
$312.7M
$261.0M
LBRDA
Growing faster (revenue YoY)
LBRDA
LBRDA
+2.5% gap
LBRDA
6.1%
3.6%
ACT
Faster 2-yr revenue CAGR
LBRDA
LBRDA
Annualised
LBRDA
4.3%
3.6%
ACT

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
ACT
ACT
LBRDA
LBRDA
Revenue
$312.7M
$261.0M
Net Profit
$383.0M
Gross Margin
Operating Margin
71.3%
15.7%
Net Margin
146.7%
Revenue YoY
3.6%
6.1%
Net Profit YoY
96.4%
EPS (diluted)
$1.23
$2.68

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
LBRDA
LBRDA
Q4 25
$312.7M
Q3 25
$311.5M
Q2 25
$304.9M
$261.0M
Q1 25
$306.8M
$266.0M
Q4 24
$301.8M
$263.0M
Q3 24
$309.6M
$262.0M
Q2 24
$298.8M
$246.0M
Q1 24
$291.6M
$245.0M
Net Profit
ACT
ACT
LBRDA
LBRDA
Q4 25
Q3 25
Q2 25
$383.0M
Q1 25
$268.0M
Q4 24
$291.0M
Q3 24
$142.0M
Q2 24
$195.0M
Q1 24
$241.0M
Operating Margin
ACT
ACT
LBRDA
LBRDA
Q4 25
71.3%
Q3 25
67.4%
Q2 25
70.4%
15.7%
Q1 25
68.9%
16.2%
Q4 24
68.9%
4.9%
Q3 24
74.1%
11.5%
Q2 24
78.6%
8.5%
Q1 24
70.6%
11.4%
Net Margin
ACT
ACT
LBRDA
LBRDA
Q4 25
Q3 25
Q2 25
146.7%
Q1 25
100.8%
Q4 24
110.6%
Q3 24
54.2%
Q2 24
79.3%
Q1 24
98.4%
EPS (diluted)
ACT
ACT
LBRDA
LBRDA
Q4 25
$1.23
Q3 25
$1.10
Q2 25
$1.11
$2.68
Q1 25
$1.08
$1.87
Q4 24
$1.05
$2.04
Q3 24
$1.15
$0.99
Q2 24
$1.16
$1.36
Q1 24
$1.01
$1.69

Balance Sheet & Financial Strength

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

Metric
ACT
ACT
LBRDA
LBRDA
Cash + ST InvestmentsLiquidity on hand
$582.5M
$180.0M
Total DebtLower is stronger
$744.5M
$3.1B
Stockholders' EquityBook value
$5.4B
$10.4B
Total Assets
$6.9B
$16.6B
Debt / EquityLower = less leverage
0.14×
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACT
ACT
LBRDA
LBRDA
Q4 25
$582.5M
Q3 25
$545.6M
Q2 25
$616.0M
$180.0M
Q1 25
$639.0M
$226.0M
Q4 24
$602.8M
$163.0M
Q3 24
$674.9M
$168.0M
Q2 24
$711.3M
$73.0M
Q1 24
$624.3M
$108.0M
Total Debt
ACT
ACT
LBRDA
LBRDA
Q4 25
$744.5M
Q3 25
$744.1M
Q2 25
$743.8M
$3.1B
Q1 25
$743.4M
$3.8B
Q4 24
$743.0M
$3.8B
Q3 24
$742.7M
$3.7B
Q2 24
$742.4M
$3.6B
Q1 24
$746.1M
$3.6B
Stockholders' Equity
ACT
ACT
LBRDA
LBRDA
Q4 25
$5.4B
Q3 25
$5.3B
Q2 25
$5.2B
$10.4B
Q1 25
$5.1B
$10.1B
Q4 24
$5.0B
$9.8B
Q3 24
$5.0B
$9.5B
Q2 24
$4.8B
$9.3B
Q1 24
$4.7B
$9.1B
Total Assets
ACT
ACT
LBRDA
LBRDA
Q4 25
$6.9B
Q3 25
$6.9B
Q2 25
$6.8B
$16.6B
Q1 25
$6.7B
$17.0B
Q4 24
$6.5B
$16.7B
Q3 24
$6.6B
$16.3B
Q2 24
$6.3B
$16.0B
Q1 24
$6.3B
$15.7B
Debt / Equity
ACT
ACT
LBRDA
LBRDA
Q4 25
0.14×
Q3 25
0.14×
Q2 25
0.14×
0.30×
Q1 25
0.15×
0.38×
Q4 24
0.15×
0.38×
Q3 24
0.15×
0.39×
Q2 24
0.15×
0.39×
Q1 24
0.16×
0.40×

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
LBRDA
LBRDA
Operating Cash FlowLast quarter
$724.5M
$91.0M
Free Cash FlowOCF − Capex
$37.0M
FCF MarginFCF / Revenue
14.2%
Capex IntensityCapex / Revenue
20.7%
Cash ConversionOCF / Net Profit
0.24×
TTM Free Cash FlowTrailing 4 quarters
$-49.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACT
ACT
LBRDA
LBRDA
Q4 25
$724.5M
Q3 25
$192.0M
Q2 25
$119.5M
$91.0M
Q1 25
$226.7M
$78.0M
Q4 24
$686.3M
$1.0M
Q3 24
$188.1M
$24.0M
Q2 24
$144.7M
$27.0M
Q1 24
$187.3M
$52.0M
Free Cash Flow
ACT
ACT
LBRDA
LBRDA
Q4 25
Q3 25
Q2 25
$37.0M
Q1 25
$13.0M
Q4 24
$-63.0M
Q3 24
$-36.0M
Q2 24
$-35.0M
Q1 24
$-9.0M
FCF Margin
ACT
ACT
LBRDA
LBRDA
Q4 25
Q3 25
Q2 25
14.2%
Q1 25
4.9%
Q4 24
-24.0%
Q3 24
-13.7%
Q2 24
-14.2%
Q1 24
-3.7%
Capex Intensity
ACT
ACT
LBRDA
LBRDA
Q4 25
Q3 25
Q2 25
20.7%
Q1 25
24.4%
Q4 24
24.3%
Q3 24
22.9%
Q2 24
25.2%
Q1 24
24.9%
Cash Conversion
ACT
ACT
LBRDA
LBRDA
Q4 25
Q3 25
Q2 25
0.24×
Q1 25
0.29×
Q4 24
0.00×
Q3 24
0.17×
Q2 24
0.14×
Q1 24
0.22×

Financial Flow Comparison

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

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