MGIC Investment Corporation (MTG)
NYSE: MTG · Real-Time Price · USD
28.50
-0.10 (-0.35%)
At close: Nov 9, 2026, 4:00 PM EST
28.70
+0.20 (0.70%)
Pre-market: Nov 10, 2026, 4:12 AM EST
MGIC Investment Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 691.73 | 738.35 | 762.99 | 712.95 | 865.35 | 634.98 |
Depreciation & Amortization | 3.65 | 6.95 | 18.44 | 35.23 | 54.25 | 66.01 |
Gain (Loss) on Sale of Investments | 1.92 | -0.33 | 9.85 | 14.14 | 7.46 | -5.86 |
Stock-Based Compensation | 23.14 | 24.43 | 31.32 | 31.61 | 24.77 | 17.11 |
Change in Accounts Receivable | -13.35 | -0.65 | 0.96 | -0.5 | -1.46 | -0.5 |
Reinsurance Recoverable | -26.37 | -17.96 | -8.28 | 3.12 | 56.86 | -7.47 |
Change in Unearned Revenue | -17.17 | -27.33 | -37.42 | -37.51 | -46.4 | -45.41 |
Change in Income Taxes | -17.12 | 93.16 | 16.27 | -4.14 | -8.55 | 5.43 |
Change in Insurance Reserves / Liabilities | 47.31 | 12.22 | -42.72 | -52.61 | -325.53 | 2.99 |
Change in Other Net Operating Assets | 7.5 | 1.43 | -31.72 | 5.14 | -15.18 | -12.96 |
Other Operating Activities | 5.35 | 19.22 | 2.43 | 1.07 | 35.83 | 42.1 |
Operating Cash Flow | 709.06 | 852.8 | 725.03 | 712.96 | 650.01 | 696.32 |
Operating Cash Flow Growth | -11.85% | 17.62% | 1.69% | 9.68% | -6.65% | -4.92% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -1.37 | -1.03 | -1.17 | -2 | -3.25 | -4.12 |
Sale of Property, Plant & Equipment | - | - | - | 2.34 | - | - |
Investment in Securities | 119.71 | 229.4 | -140.83 | -179.53 | 413.74 | -156.63 |
Investing Cash Flow | 118.34 | 228.37 | -142.01 | -179.19 | 410.49 | -160.75 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt Repaid | - | - | - | -28.64 | -486.41 | -98.61 |
Net Debt Issued (Repaid) | - | - | - | -28.64 | -486.41 | -98.61 |
Repurchases of Common Stock | -740.41 | -807.79 | -588.54 | -344.44 | -395.67 | -297.55 |
Common Dividends Paid | -135 | -132.49 | -130.5 | -122.97 | -110.95 | -94.22 |
Other Financing Activities | - | - | - | - | -39.51 | -36.91 |
Financing Cash Flow | -875.41 | -940.29 | -719.04 | -496.04 | -1,033 | -527.29 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | -48 | 140.89 | -136.02 | 37.73 | 27.96 | 8.28 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 707.7 | 851.77 | 723.86 | 710.96 | 646.76 | 692.2 |
Free Cash Flow Growth | -11.92% | 17.67% | 1.81% | 9.93% | -6.57% | -5.05% |
Free Cash Flow Margin | 59.46% | 70.18% | 59.94% | 61.55% | 55.15% | 58.38% |
Free Cash Flow Per Share | 3.29 | 3.62 | 2.74 | 2.48 | 2.08 | 1.97 |
Levered Free Cash Flow | 509.07 | 566.42 | 611.64 | 586.4 | 802.63 | 536.37 |
Unlevered Free Cash Flow | 531.33 | 588.67 | 633.89 | 609.47 | 832.66 | 580.97 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 34.1 | 34.1 | 34.1 | 35.1 | 53.7 | 71.7 |
Cash Income Tax Paid | 77.8 | 77.8 | 181.8 | 188.2 | 236.5 | 155.3 |
Change in Working Capital | -16.72 | 64.18 | -100 | -82.03 | -337.66 | -58.03 |