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MGIC Investment Corporation (MTG)

NYSE Financials Reinsurance S&P MidCap 400
$28.60
-0.75 (-2.56%)
Close of Nov 06, 2026 · end-of-day data
Source: MGIC Investment Corporation's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$1.06B$1.07B$1.12B$1.21B$1.20B$1.19B$1.17B$1.16B$1.21B$1.21B
Interest expense$56.67M$57.03M$52.99M$52.66M$59.59M$71.36M$48.05M$36.91M$35.60M$35.60M
Pre-tax income$514.71M$784.50M$844.15M$847.98M$559.26M$801.78M$1.09B$902.23M$968.71M$928.54M
Income tax$172.20M$428.74M$174.05M$174.21M$113.17M$166.79M$224.69M$189.28M$205.72M$190.19M
Net income$342.52M$355.76M$670.10M$673.76M$446.09M$634.98M$865.35M$712.95M$762.99M$738.35M
EPS (basic)$1.00$0.98$1.83$1.91$1.31$1.90$2.83$2.51$2.92$3.17
EPS (diluted)$0.86$0.95$1.78$1.85$1.29$1.85$2.79$2.49$2.89$3.14
Diluted shares431.99M394.77M386.08M373.92M359.29M351.31M311.23M287.15M264.00M235.10M
Net margin32.2%33.4%59.6%55.5%37.2%53.6%73.8%61.7%63.2%60.8%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$155.41M$99.85M$151.89M$161.85M$287.95M$284.69M$327.38M$363.67M$229.49M$368.99M
Short-term investments——————$67.00M———
Total assets$5.73B$5.62B$5.68B$6.23B$7.35B$7.33B$6.21B$6.54B$6.55B$6.64B
Long-term debt$1.18B$830.40M$831.60M$832.80M$1.24B$1.15B$662.81M$643.20M——
Total debt$1.18B$830.40M$831.60M$832.80M$1.24B$1.15B$662.81M$643.20M——
Total liabilities$3.19B$2.46B$2.10B$1.92B$2.66B$2.46B$1.57B$1.47B$1.37B$1.49B
Shareholders' equity$2.55B$3.15B$3.58B$4.31B$4.70B$4.86B$4.64B$5.07B$5.17B$5.15B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$224.76M$406.66M$544.52M$609.53M$732.31M$696.32M$650.01M$712.96M$725.03M$852.80M
Capital expenditures$10.55M$16.07M$14.24M$5.64M$3.31M$4.12M$3.25M$2.00M$1.17M$1.02M
Free cash flow$214.21M$390.59M$530.28M$603.90M$729.00M$692.20M$646.76M$710.96M$723.86M$851.77M
Investing cash flow-$93.39M-$303.64M-$317.78M-$422.11M-$772.51M-$160.75M$410.49M-$179.19M-$142.00M$228.37M
Financing cash flow-$157.08M-$158.57M-$171.55M-$173.41M$167.82M-$527.29M-$1.03B-$496.04M-$719.04M-$940.28M
Dividends paid—$0$0$41.91M$82.06M$94.22M$110.95M$122.97M$130.50M$132.49M
Share buybacks$147.13M$0$163.42M$125.77M$120.00M$290.82M$385.57M$337.18M$569.48M$788.64M
Stock-based compensation$11.40M$14.90M$20.90M$18.90M$13.80M$17.11M$24.77M$31.61M$31.32M$24.43M
Depreciation & amortization$61.34M$64.43M$58.22M$48.78M$57.81M$66.01M$54.25M$35.23M$18.44M$6.95M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.