MGIC Investment Corp financials

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MTG CIK 0000876437

Source: EDGAR filings · Built 2026-06-02T03:36:37Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow 851.77M 723.86M 710.96M 646.76M 692.20M 729.00M
Net Debt 277.15M 415.18M 279.53M 335.43M 862.01M 955.25M
Net Margin 60.84% 63.18% 61.72% 73.79% 53.55% 37.20%
Return on Equity (ROE) 14.34% 14.75% 14.06% 18.64% 13.06% 9.49%
Return on Assets (ROA) 11.12% 11.65% 10.90% 13.93% 8.67% 6.07%
Debt-to-Equity 0.13× 0.12× 0.13× 0.14× 0.24× 0.26×
Effective Tax Rate 20.48% 21.24% 20.98% 20.61% 20.80% 20.24%
Cash Conversion Ratio 1.16× 0.95× 1.00× 0.75× 1.10× 1.64×
Accruals Ratio -0.02× 0.01× 0.00× 0.03× -0.01× -0.04×
SBC % of Revenue 2.01% 2.59% 2.74% 2.11% 1.44% 1.15%
CapEx Coverage 832.00× 617.57× 356.66× 199.76× 169.21× 221.17×
Free Cash Flow Per Share $3.62 $2.74 $2.48 $2.08 $1.97 $2.03

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 9.31× 8.20× 7.75× 4.66× 7.79× 9.73×
P/FCF 8.07× 8.65× 7.79× 6.26× 7.32× 6.19×
FCF Yield 12.40% 11.56% 12.84% 15.99% 13.66% 16.17%
P/S 5.28× 4.88× 4.55× 3.25× 3.90× 3.54×
P/B 1.25× 1.14× 1.04× 0.82× 0.95× 0.90×

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenues 1.21B 1.21B 1.16B 1.17B 1.19B 1.20B
Income Tax Expense (Benefit) 190.19M 205.72M 189.28M 224.69M 166.79M 113.17M
Net Income (Loss) Attributable to Parent 738.35M 762.99M 712.95M 865.35M 634.98M 446.09M
Earnings Per Share, Basic $3.17 $2.92 $2.51 $2.83 $1.90 $1.31
Weighted Average Number of Shares Outstanding, Basic 232.97M 261.68M 283.61M 305.85M 334.33M 339.95M
Earnings Per Share, Diluted $3.14 $2.89 $2.49 $2.79 $1.85 $1.29
Weighted Average Number of Shares Outstanding, Diluted 235.10M 264.00M 287.15M 311.23M 351.31M 359.29M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 368.99M 229.49M 363.67M 327.38M 284.69M 287.95M
Assets 6.64B 6.55B 6.54B 6.21B 7.33B 7.35B
Long-term Debt — — 643.20M 662.81M 1.15B 1.24B
Liabilities 1.49B 1.37B 1.47B 1.57B 2.46B 2.66B
Stockholders' Equity Attributable to Parent 5.15B 5.17B 5.07B 4.64B 4.86B 4.70B
Common Stock, Shares, Outstanding 219.37M 248.45M 272.49M 293.43M 320.34M 338.57M

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 852.80M 725.03M 712.96M 650.01M 696.32M 732.31M
Payments to Acquire Property, Plant, and Equipment 1.02M 1.17M 2.00M 3.25M 4.12M 3.31M
Net Cash Provided by (Used in) Investing Activities 228.37M -142.00M -179.19M 410.49M -160.75M -772.51M
Payments for Repurchase of Common Stock 788.64M 569.48M 337.18M 385.57M 290.82M 120.00M
Net Cash Provided by (Used in) Financing Activities -940.28M -719.04M -496.04M -1.03B -527.29M 167.82M

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

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Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (MTG CIK 0000876437), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.

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