MGIC Investment Corporation (MTG)
NYSE: MTG · Real-Time Price · USD
23.66
+0.34 (1.46%)
Dec 20, 2024, 4:00 PM EST - Market closed
MGIC Investment Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Premiums & Annuity Revenue | 955.96 | 952.55 | 1,007 | 1,014 | 1,022 | 1,031 | Upgrade
|
| Total Interest & Dividend Income | 241.12 | 214.74 | 167.48 | 156.44 | 154.4 | 167.05 | Upgrade
|
| Gain (Loss) on Sale of Investments | -8.96 | -14.14 | -7.46 | 5.86 | 12.58 | 5.31 | Upgrade
|
| Other Revenue | 2.13 | 1.95 | 5.64 | 8.96 | 10.23 | 10.64 | Upgrade
|
| Total Revenue | 1,190 | 1,155 | 1,173 | 1,186 | 1,199 | 1,214 | Upgrade
|
| Revenue Growth (YoY) | 2.31% | -1.51% | -1.09% | -1.12% | -1.22% | 8.02% | Upgrade
|
| Policy Benefits | -33.09 | -20.86 | -254.57 | 64.58 | 364.77 | 118.58 | Upgrade
|
| Policy Acquisition & Underwriting Costs | 190.53 | 205.22 | 224.29 | 193.94 | 174.98 | 175.87 | Upgrade
|
| Total Operating Expenses | 190.79 | 215.97 | -5.5 | 275.62 | 553.55 | 313.34 | Upgrade
|
| Operating Income | 999.45 | 939.13 | 1,178 | 910.05 | 645.59 | 900.63 | Upgrade
|
| Interest Expense | -35.6 | -36.91 | -48.05 | -71.36 | -59.6 | -52.66 | Upgrade
|
| EBT Excluding Unusual Items | 963.85 | 902.23 | 1,130 | 838.69 | 586 | 847.98 | Upgrade
|
| Other Unusual Items | - | - | -40.2 | -36.91 | -26.74 | - | Upgrade
|
| Pretax Income | 963.85 | 902.23 | 1,090 | 801.78 | 559.26 | 847.98 | Upgrade
|
| Income Tax Expense | 201.05 | 189.28 | 224.69 | 166.79 | 113.17 | 174.21 | Upgrade
|
| Net Income | 762.8 | 712.95 | 865.35 | 634.98 | 446.09 | 673.76 | Upgrade
|
| Net Income to Common | 762.8 | 712.95 | 865.35 | 634.98 | 446.09 | 673.76 | Upgrade
|
| Net Income Growth | 5.96% | -17.61% | 36.28% | 42.34% | -33.79% | 0.55% | Upgrade
|
| Shares Outstanding (Basic) | 268 | 284 | 306 | 334 | 340 | 353 | Upgrade
|
| Shares Outstanding (Diluted) | 270 | 287 | 311 | 351 | 359 | 374 | Upgrade
|
| Shares Change (YoY) | -7.70% | -7.74% | -11.41% | -2.22% | -3.91% | -3.15% | Upgrade
|
| EPS (Basic) | 2.85 | 2.51 | 2.83 | 1.90 | 1.31 | 1.91 | Upgrade
|
| EPS (Diluted) | 2.83 | 2.49 | 2.79 | 1.85 | 1.29 | 1.85 | Upgrade
|
| EPS Growth | 14.71% | -10.91% | 50.99% | 43.40% | -30.36% | 3.80% | Upgrade
|
| Free Cash Flow | 727.7 | 710.96 | 646.76 | 692.2 | 729 | 603.9 | Upgrade
|
| Free Cash Flow Per Share | 2.70 | 2.48 | 2.08 | 1.97 | 2.03 | 1.62 | Upgrade
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| Dividend Per Share | 0.475 | 0.430 | 0.360 | 0.280 | 0.240 | 0.120 | Upgrade
|
| Dividend Growth | 14.46% | 19.44% | 28.57% | 16.67% | 100.00% | - | Upgrade
|
| Operating Margin | 83.97% | 81.30% | 100.47% | 76.75% | 53.84% | 74.19% | Upgrade
|
| Profit Margin | 64.09% | 61.72% | 73.79% | 53.55% | 37.20% | 55.50% | Upgrade
|
| Free Cash Flow Margin | 61.14% | 61.55% | 55.15% | 58.38% | 60.79% | 49.75% | Upgrade
|
| EBITDA | 1,020 | 974.36 | 1,233 | 976.07 | 703.41 | 949.42 | Upgrade
|
| EBITDA Margin | 85.70% | 84.35% | 105.09% | 82.32% | 58.66% | 78.21% | Upgrade
|
| D&A For EBITDA | 20.63 | 35.23 | 54.25 | 66.01 | 57.81 | 48.78 | Upgrade
|
| EBIT | 999.45 | 939.13 | 1,178 | 910.05 | 645.59 | 900.63 | Upgrade
|
| EBIT Margin | 83.97% | 81.30% | 100.47% | 76.75% | 53.84% | 74.19% | Upgrade
|
| Effective Tax Rate | 20.86% | 20.98% | 20.61% | 20.80% | 20.24% | 20.54% | Upgrade
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| Revenue as Reported | 1,190 | 1,155 | 1,173 | 1,186 | 1,199 | 1,214 | Upgrade
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Source: S&P Capital IQ. Insurance template. Financial Sources.