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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
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 |
Premiums & Annuity Revenue | 947.9 | 965.81 | 970.81 | 952.55 | 1,007 | 1,014 |
Total Interest & Dividend Income | 243.72 | 246.26 | 244.64 | 214.74 | 167.48 | 156.44 |
Gain (Loss) on Sale of Investments | -1.11 | 0.33 | -9.85 | -14.14 | -7.46 | 5.86 |
Other Revenue | -0.32 | 1.23 | 2.13 | 1.95 | 5.64 | 8.96 |
| 1,190 | 1,214 | 1,208 | 1,155 | 1,173 | 1,186 | |
Revenue Growth | -2.16% | 0.49% | 4.56% | -1.51% | -1.09% | -1.12% |
Policy Benefits | 99.39 | 48.9 | -14.86 | -20.86 | -254.57 | 64.58 |
Policy Acquisition & Underwriting Costs | -1.18 | 11.05 | 7.47 | 7.01 | 53.38 | 193.94 |
Other Operating Expenses | 21.86 | 21.38 | 21.55 | 21.52 | - | - |
Total Operating Expenses | 283.83 | 249.5 | 203.42 | 215.97 | -5.5 | 275.62 |
Operating Income | 906.37 | 964.14 | 1,004 | 939.13 | 1,178 | 910.05 |
Interest Expense | -35.6 | -35.6 | -35.6 | -36.91 | -48.05 | -71.36 |
EBT Excluding Unusual Items | 870.77 | 928.54 | 968.71 | 902.23 | 1,130 | 838.69 |
Other Unusual Items | - | - | - | - | -40.2 | -36.91 |
Pretax Income | 870.77 | 928.54 | 968.71 | 902.23 | 1,090 | 801.78 |
Income Tax Expense | 179.04 | 190.19 | 205.72 | 189.28 | 224.69 | 166.79 |
Net Income | 691.73 | 738.35 | 762.99 | 712.95 | 865.35 | 634.98 |
Net Income to Common | 691.73 | 738.35 | 762.99 | 712.95 | 865.35 | 634.98 |
Net Income Growth | -8.23% | -3.23% | 7.02% | -17.61% | 36.28% | 42.34% |
Shares Outstanding (Basic) | 213 | 233 | 262 | 284 | 306 | 334 |
Shares Outstanding (Diluted) | 215 | 235 | 264 | 287 | 311 | 351 |
Shares Change | -11.51% | -10.95% | -8.06% | -7.74% | -11.41% | -2.22% |
EPS (Basic) | 3.25 | 3.17 | 2.92 | 2.51 | 2.83 | 1.90 |
EPS (Diluted) | 3.21 | 3.14 | 2.89 | 2.49 | 2.79 | 1.85 |
EPS Growth | 3.49% | 8.65% | 16.23% | -10.91% | 50.99% | 43.40% |
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 |
Free Cash Flow | 707.7 | 851.77 | 723.86 | 710.96 | 646.76 | 692.2 |
Free Cash Flow Per Share | 3.29 | 3.62 | 2.74 | 2.48 | 2.08 | 1.97 |
Dividend Per Share | 0.620 | 0.560 | 0.490 | 0.430 | 0.360 | 0.280 |
Dividend Growth | 14.82% | 14.29% | 13.95% | 19.44% | 28.57% | 16.67% |
Operating Margin | 76.15% | 79.44% | 83.16% | 81.30% | 100.47% | 76.75% |
Profit Margin | 58.12% | 60.84% | 63.18% | 61.72% | 73.79% | 53.55% |
Free Cash Flow Margin | 59.46% | 70.18% | 59.94% | 61.55% | 55.15% | 58.38% |
EBITDA | 910.02 | 971.09 | 1,023 | 974.36 | 1,233 | 976.07 |
EBITDA Margin | 76.46% | 80.02% | 84.68% | 84.35% | 105.09% | 82.32% |
D&A For EBITDA | 3.65 | 6.95 | 18.44 | 35.23 | 54.25 | 66.01 |
EBIT | 906.37 | 964.14 | 1,004 | 939.13 | 1,178 | 910.05 |
EBIT Margin | 76.15% | 79.44% | 83.16% | 81.30% | 100.47% | 76.75% |
Effective Tax Rate | 20.56% | 20.48% | 21.24% | 20.98% | 20.61% | 20.80% |
Revenue as Reported | 1,190 | 1,214 | 1,208 | 1,155 | 1,173 | 1,186 |