MGIC Investment (MTG) Financials

$26.02 -0.12 (-0.44%)

Closing price 05/23/2025 03:59 PM Eastern

Extended Trading

$26.00 -0.02 (-0.08%)

As of 05/23/2025 07:20 PM Eastern

Annual Income Statements for MGIC Investment

This table shows MGIC Investment's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	763	713	865	635	446	674	670	356	343	1,172
Consolidated Net Income / (Loss)	763	713	865	635	446	674	670	356	343	1,172
Net Income / (Loss) Continuing Operations	763	713	865	635	446	674	670	356	343	1,172
Total Pre-Tax Income	969	902	1,090	802	559	848	844	784	515	488
Total Revenue	1,172	1,118	1,092	1,072	1,113	1,161	1,071	1,009	915	972
Net Interest Income / (Expense)	-36	-37	-48	-71	-60	-53	-53	-57	-57	-69
Total Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Interest Expense	36	37	48	71	60	53	53	57	57	69
Long-Term Debt Interest Expense	36	37	48	71	60	53	53	57	57	69
Total Non-Interest Income	1,208	1,155	1,140	1,143	1,172	1,214	1,124	1,066	972	1,041
Other Service Charges	2.13	1.95	5.64	8.96	10	11	8.71	10	18	13
Net Realized & Unrealized Capital Gains on Investments	235	201	127	120	140	172	140	121	29	132
Premiums Earned	971	953	1,007	1,014	1,022	1,031	975	935	925	896
Total Non-Interest Expense	203	216	-5.50	276	554	313	227	224	401	484
Property & Liability Insurance Claims	-15	-21	-255	65	365	119	37	54	240	320
Insurance Policy Acquisition Costs	209	226	237	198	176	183	178	160	151	156
Amortization Expense	8.96	11	12	13	12	12	12	11	9.65	8.79
Income Tax Expense	206	189	225	167	113	174	174	429	172	-684
Basic Earnings per Share	$2.92	$2.51	$2.83	$1.90	$1.31	$1.91	$1.83	$0.98	$1.00	$3.45
Weighted Average Basic Shares Outstanding	261.68M	283.61M	305.85M	334.33M	339.95M	352.83M	365.41M	362.38M	342.89M	339.55M
Diluted Earnings per Share	$2.89	$2.49	$2.79	$1.85	$1.29	$1.85	$1.78	$0.95	$0.86	$2.60
Weighted Average Diluted Shares Outstanding	264.00M	287.16M	311.23M	351.31M	359.29M	373.92M	386.08M	394.77M	431.99M	468.04M
Weighted Average Basic & Diluted Shares Outstanding	242.71M	269.67M	290.43M	315.61M	338.78M	345.85M	355.64M	363M	342.50M	339.70M
Cash Dividends to Common per Share	$0.25	$0.22	-	$0.14	$0.06	-	-	$0.00	$0.00	$0.00

This table shows MGIC Investment's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	185	185	200	204	174	185	183	191	155	191	250
Consolidated Net Income / (Loss)	185	185	200	204	174	185	183	191	155	191	250
Net Income / (Loss) Continuing Operations	185	185	200	204	174	185	183	191	155	191	250
Total Pre-Tax Income	235	235	254	260	220	230	234	242	196	240	314
Total Revenue	297	293	297	297	285	274	288	281	275	289	271
Net Interest Income / (Expense)	-8.90	-8.90	-8.91	-8.90	-8.90	-8.90	-9.25	-9.38	-9.37	-9.38	-10
Total Interest Income	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Total Interest Expense	8.90	8.90	8.91	8.90	8.90	8.90	9.25	9.38	9.37	9.38	10
Long-Term Debt Interest Expense	8.90	8.90	8.91	8.90	8.90	8.90	9.25	9.38	9.37	9.38	10
Total Non-Interest Income	305	302	306	306	294	283	297	291	284	299	281
Other Service Charges	0.33	0.47	0.63	0.55	0.48	0.47	0.55	0.51	0.43	0.50	1.40
Net Realized & Unrealized Capital Gains on Investments	61	60	62	61	51	56	55	47	42	54	28
Premiums Earned	244	241	243	244	243	226	241	243	242	244	252
Total Non-Interest Expense	63	58	43	37	66	45	53	39	79	42	-43
Property & Liability Insurance Claims	9.59	8.70	-9.84	-18	4.56	-9.53	-0.08	-18	6.45	-31	-105
Insurance Policy Acquisition Costs	51	47	51	53	59	52	50	54	70	70	58
Amortization Expense	1.66	2.48	2.32	2.15	2.01	2.93	2.80	2.61	2.48	3.47	3.18
Income Tax Expense	49	50	54	56	46	45	52	51	41	49	65
Basic Earnings per Share	$0.76	$0.74	$0.77	$0.77	$0.64	$0.66	$0.65	$0.67	$0.53	$0.65	$0.82
Weighted Average Basic Shares Outstanding	244.15M	261.68M	258.60M	265.32M	270.31M	283.61M	281.76M	285.91M	290.99M	305.85M	302.62M
Diluted Earnings per Share	$0.75	$0.71	$0.77	$0.77	$0.64	$0.66	$0.64	$0.66	$0.53	$0.64	$0.81
Weighted Average Diluted Shares Outstanding	246.49M	264.00M	260.83M	266.87M	273.11M	287.16M	285.60M	289.57M	294.71M	311.23M	307.19M
Weighted Average Basic & Diluted Shares Outstanding	237.44M	242.71M	253.37M	259.23M	533.17M	269.67M	554.62M	564.64M	573.24M	290.43M	594.05M
Cash Dividends to Common per Share	$0.13	-	$0.13	-	$0.12	-	-	-	$0.10	-	-

This table details how cash moves in and out of MGIC Investment's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-136	38	28	8.28	128	14	55	-56	-26	-17
Net Cash From Operating Activities	725	713	650	696	732	610	545	407	225	161
Net Cash From Continuing Operating Activities	725	713	650	696	732	610	545	407	225	161
Net Income / (Loss) Continuing Operations	763	713	865	635	446	674	670	356	343	1,172
Consolidated Net Income / (Loss)	763	713	865	635	446	674	670	356	343	1,172
Depreciation Expense	18	35	54	66	58	49	58	64	61	53
Non-Cash Adjustments to Reconcile Net Income	41	46	72	48	28	-5.31	15	-0.17	82	-28
Changes in Operating Assets and Liabilities, net	-98	-81	-342	-53	200	-108	-199	-13	-261	-1,035
Net Cash From Investing Activities	-142	-179	410	-161	-773	-422	-318	-304	-93	-97
Net Cash From Continuing Investing Activities	-142	-179	410	-161	-773	-422	-318	-304	-93	-97
Purchase of Property, Leasehold Improvements and Equipment	-1.17	-2.00	-3.25	-4.12	-3.31	-5.64	-14	-16	-11	-4.63
Purchase of Investment Securities	-1,556	-1,470	-674	-1,531	-2,637	-1,394	-1,459	-1,294	-1,364	-2,465
Sale of Property, Leasehold Improvements and Equipment	0.00	2.34	0.00	0.00	-	-	-	-	-	-
Sale and/or Maturity of Investments	1,415	1,290	1,088	1,374	1,868	978	1,156	1,006	1,281	2,356
Net Cash From Financing Activities	-719	-496	-1,033	-527	168	-173	-172	-159	-157	-81
Net Cash From Continuing Financing Activities	-719	-496	-1,033	-527	168	-173	-172	-159	-157	-81
Repayment of Debt	0.00	-29	-526	-136	-243	0.00	0.00	-302	-578	-74
Repurchase of Common Equity	-569	-337	-386	-291	-120	-126	-163	0.00	-147	0.00
Payment of Dividends	-131	-123	-111	-94	-82	-42	0.00	0.00	-	-
Other Financing Activities, Net	-19	-7.26	-10	-6.73	-24	-5.73	-8.13	-6.82	-5.03	-7.24

This table details how cash moves in and out of MGIC Investment's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-22	-65	12	-152	69	96	-42	-50	34	83	-170
Net Cash From Operating Activities	224	182	183	169	191	186	170	145	212	166	122
Net Cash From Continuing Operating Activities	224	182	183	169	191	186	170	145	212	166	122
Net Income / (Loss) Continuing Operations	185	185	200	204	174	185	183	191	155	191	250
Consolidated Net Income / (Loss)	185	185	200	204	174	185	183	191	155	191	250
Depreciation Expense	2.69	4.03	3.43	4.48	6.49	6.23	9.63	9.18	10	11	13
Non-Cash Adjustments to Reconcile Net Income	17	5.38	4.21	5.83	26	12	4.16	10	19	3.95	17
Changes in Operating Assets and Liabilities, net	18	-12	-25	-45	-16	-17	-27	-66	28	-41	-158
Net Cash From Investing Activities	32	-20	-14	-134	26	62	-84	-92	-65	30	91
Net Cash From Continuing Investing Activities	32	-20	-14	-134	26	62	-84	-92	-65	30	91
Purchase of Property, Leasehold Improvements and Equipment	-0.13	-0.51	-0.38	-0.28	0.00	-0.54	-0.78	-0.31	-0.36	-0.85	-0.26
Purchase of Investment Securities	-456	-441	-377	-410	-328	-249	-389	-602	-229	-130	-168
Sale and/or Maturity of Investments	488	422	363	276	354	309	306	510	164	161	260
Net Cash From Financing Activities	-278	-228	-157	-187	-148	-152	-128	-103	-113	-113	-383
Net Cash From Continuing Financing Activities	-278	-228	-157	-187	-148	-152	-128	-103	-113	-113	-383
Repurchase of Common Equity	-225	-195	-124	-156	-95	-120	-67	-74	-76	-83	-84
Payment of Dividends	-34	-33	-34	-31	-33	-32	-32	-29	-30	-30	-30
Other Financing Activities, Net	-19	-0.02	-	-	-19	-0.01	-0.05	-	-7.20	-0.14	-1.27

This table presents MGIC Investment's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	6,547	6,538	6,214	7,325	7,355	6,230	5,678	5,619	5,735	5,868
Cash and Due from Banks	229	364	327	285	288	162	152	100	155	181
Restricted Cash	5.14	6.98	5.53	20	8.73	7.21	3.15	0.00	-	-
Trading Account Securities	5,866	5,738	5,424	6,604	6,680	5,755	5,156	4,991	4,692	4,663
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accrued Investment Income	61	59	55	52	50	50	48	46	44	40
Premises and Equipment, Net	36	39	41	46	47	50	52	45	36	30
Unearned Premiums Asset	58	58	58	57	56	56	55	54	52	48
Deferred Acquisition Cost	12	15	19	22	22	19	18	19	18	15
Other Assets	280	259	283	241	203	131	194	365	736	890
Total Liabilities & Shareholders' Equity	6,547	6,538	6,214	7,325	7,355	6,230	5,678	5,619	5,735	5,868
Total Liabilities	1,375	1,466	1,571	2,464	2,656	1,920	2,096	2,465	3,186	3,632
Long-Term Debt	645	643	663	1,147	1,243	833	832	830	1,179	1,212
Claims and Claim Expense	463	505	558	884	881	555	674	986	1,439	1,893
Unearned Premiums Liability	120	158	195	242	287	380	410	393	330	280
Other Long-Term Liabilities	147	160	155	192	245	152	180	256	238	247
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5,172	5,072	4,643	4,861	4,699	4,309	3,582	3,155	2,549	2,236
Total Preferred & Common Equity	5,172	5,072	4,643	4,861	4,699	4,309	3,582	3,155	2,549	2,236
Total Common Equity	5,172	5,072	4,643	4,861	4,699	4,309	3,582	3,155	2,549	2,236
Common Stock	2,057	2,179	2,170	2,166	2,233	2,241	2,234	2,221	2,142	2,010
Retained Earnings	3,404	4,593	4,004	3,251	2,642	2,279	1,647	977	633	290
Treasury Stock	0.00	-1,384	-1,050	-675	-393	-283	-175	0.00	-150	-3.36
Accumulated Other Comprehensive Income / (Loss)	-288	-316	-482	120	217	73	-124	-44	-75	-61

This table presents MGIC Investment's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	6,535	6,678	6,524	6,535	6,332	6,353	6,352	6,154
Cash and Due from Banks	207	289	282	431	267	311	358	242
Restricted Cash	5.71	11	6.02	8.22	8.58	6.00	8.36	7.78
Trading Account Securities	5,900	5,979	5,805	5,687	5,595	5,617	5,579	5,415
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accrued Investment Income	59	59	60	58	58	55	55	53
Premises and Equipment, Net	34	36	37	38	39	40	41	44
Unearned Premiums Asset	56	58	57	56	58	57	57	58
Deferred Acquisition Cost	11	13	13	14	16	17	18	20
Other Assets	262	233	265	243	290	250	237	315
Total Liabilities & Shareholders' Equity	6,535	6,678	6,524	6,535	6,332	6,353	6,352	6,154
Total Liabilities	1,395	1,384	1,407	1,433	1,477	1,509	1,575	1,614
Long-Term Debt	645	644	644	644	643	664	663	663
Claims and Claim Expense	465	461	478	504	526	531	559	603
Unearned Premiums Liability	112	130	139	149	165	172	183	208
Other Long-Term Liabilities	173	149	147	136	144	143	169	140
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5,140	5,294	5,117	5,102	4,855	4,844	4,778	4,540
Total Preferred & Common Equity	5,140	5,294	5,117	5,102	4,855	4,844	4,778	4,540
Total Common Equity	5,140	5,294	5,117	5,102	4,855	4,844	4,778	4,540
Common Stock	2,037	2,173	2,167	2,159	2,171	2,171	2,163	2,163
Retained Earnings	3,340	5,074	4,908	4,735	4,441	4,291	4,129	3,843
Accumulated Other Comprehensive Income / (Loss)	-236	-204	-333	-326	-497	-425	-395	-496

This table displays calculated financial ratios and metrics derived from MGIC Investment's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.82%	2.40%	1.91%	-3.71%	-4.18%	8.45%	6.14%	10.23%	-5.82%	11.44%
EBITDA Growth	5.30%	-18.61%	33.62%	39.68%	-31.19%	-0.62%	6.29%	47.37%	6.63%	78.01%
EBIT Growth	7.37%	-17.79%	37.89%	42.32%	-34.05%	0.45%	7.60%	52.41%	5.54%	91.53%
NOPAT Growth	7.02%	-17.61%	36.28%	42.34%	-33.79%	0.55%	88.36%	3.87%	-70.78%	365.17%
Net Income Growth	7.02%	-17.61%	36.28%	42.34%	-33.79%	0.55%	88.36%	3.87%	-70.78%	365.17%
EPS Growth	16.06%	-10.75%	50.81%	43.41%	-30.27%	3.93%	87.37%	10.47%	-66.92%	306.25%
Operating Cash Flow Growth	1.69%	9.68%	-6.65%	-4.91%	20.14%	11.94%	33.90%	80.93%	39.26%	139.82%
Free Cash Flow Firm Growth	118.00%	-80.66%	175.52%	260.70%	-546.97%	-122.66%	145.55%	56.42%	9.62%	393.34%
Invested Capital Growth	1.78%	7.72%	-11.69%	1.11%	15.56%	16.51%	10.75%	6.90%	8.11%	47.77%
Revenue Q/Q Growth	1.60%	-1.34%	5.36%	-4.48%	-1.28%	2.32%	1.34%	0.79%	1.02%	1.85%
EBITDA Q/Q Growth	0.37%	-2.41%	2.64%	2.56%	-4.39%	3.23%	-5.58%	10.68%	10.74%	7.47%
EBIT Q/Q Growth	0.61%	-1.95%	3.24%	2.91%	-5.49%	3.41%	-5.67%	11.90%	11.49%	7.49%
NOPAT Q/Q Growth	0.03%	-0.96%	2.07%	3.67%	-5.44%	2.96%	24.17%	-18.39%	1.50%	2.45%
Net Income Q/Q Growth	0.03%	-0.96%	2.07%	3.67%	-5.44%	2.96%	24.17%	-18.39%	1.50%	2.45%
EPS Q/Q Growth	1.76%	0.81%	4.49%	3.93%	-2.27%	3.35%	23.61%	-18.10%	8.86%	1.17%
Operating Cash Flow Q/Q Growth	-0.53%	2.89%	-2.65%	-5.37%	10.92%	-1.55%	2.00%	22.44%	28.18%	139.39%
Free Cash Flow Firm Q/Q Growth	105.36%	-28.65%	-11.29%	130.82%	-21.09%	-225.02%	34.86%	-58.44%	194.87%	386.21%
Invested Capital Q/Q Growth	-2.04%	3.96%	1.98%	-1.86%	3.23%	3.00%	2.14%	0.62%	-0.89%	0.09%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	84.22%	83.84%	105.47%	80.44%	55.45%	77.22%	84.27%	84.14%	62.94%	55.59%
EBIT Margin	82.65%	80.69%	100.50%	74.28%	50.26%	73.02%	78.83%	77.75%	56.24%	50.18%
Profit (Net Income) Margin	65.09%	63.76%	79.24%	59.26%	40.09%	58.02%	62.58%	35.26%	37.42%	120.59%
Tax Burden Percent	78.76%	79.02%	79.39%	79.20%	79.76%	79.46%	79.38%	45.35%	66.55%	240.32%
Interest Burden Percent	100.00%	100.00%	99.32%	100.74%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	21.24%	20.98%	20.61%	20.80%	20.24%	20.54%	20.62%	54.65%	33.45%	-140.32%
Return on Invested Capital (ROIC)	13.23%	12.94%	15.30%	10.63%	8.05%	14.10%	15.96%	9.23%	9.55%	40.54%
ROIC Less NNEP Spread (ROIC-NNEP)	13.23%	12.94%	15.30%	10.63%	8.05%	14.10%	15.96%	9.23%	9.55%	40.54%
Return on Net Nonoperating Assets (RNNOA)	1.66%	1.74%	2.91%	2.66%	1.85%	2.97%	3.94%	3.25%	4.77%	31.07%
Return on Equity (ROE)	14.90%	14.68%	18.21%	13.28%	9.90%	17.08%	19.89%	12.48%	14.32%	71.62%
Cash Return on Invested Capital (CROIC)	11.47%	5.50%	27.72%	9.52%	-6.39%	-1.15%	5.75%	2.55%	1.75%	1.99%
Operating Return on Assets (OROA)	14.81%	14.15%	16.21%	10.84%	8.23%	14.24%	14.94%	13.82%	8.87%	8.76%
Return on Assets (ROA)	11.66%	11.18%	12.78%	8.65%	6.57%	11.32%	11.86%	6.27%	5.90%	21.05%
Return on Common Equity (ROCE)	14.90%	14.68%	18.21%	13.28%	9.90%	17.08%	19.89%	12.48%	14.32%	71.62%
Return on Equity Simple (ROE_SIMPLE)	14.75%	14.06%	18.64%	13.06%	9.49%	15.64%	18.71%	11.28%	13.44%	52.41%
Net Operating Profit after Tax (NOPAT)	763	713	865	635	446	674	670	356	343	1,172
NOPAT Margin	65.09%	63.76%	79.24%	59.26%	40.09%	58.02%	62.58%	35.26%	37.42%	120.59%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	17.35%	19.31%	-0.50%	25.72%	49.74%	26.98%	21.17%	22.25%	43.76%	49.82%
Earnings before Interest and Taxes (EBIT)	969	902	1,097	796	559	848	844	784	515	488
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	987	937	1,152	862	617	897	902	849	576	540
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.16	1.03	0.79	0.90	0.83	1.02	0.93	1.47	1.20	1.19
Price to Tangible Book Value (P/TBV)	1.16	1.03	0.79	0.90	0.83	1.02	0.93	1.47	1.20	1.19
Price to Revenue (P/Rev)	5.10	4.65	3.35	4.09	3.49	3.80	3.12	4.58	3.35	2.73
Price to Earnings (P/E)	7.83	7.30	4.23	6.90	8.71	6.54	4.99	12.99	8.96	2.26
Dividend Yield	2.08%	2.29%	2.92%	2.08%	2.09%	0.95%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	12.77%	13.70%	23.66%	14.50%	11.48%	15.29%	20.04%	7.70%	11.16%	44.21%
Enterprise Value to Invested Capital (EV/IC)	1.10	0.96	0.75	0.87	0.81	0.99	0.91	1.34	1.10	1.07
Enterprise Value to Revenue (EV/Rev)	5.45	4.90	3.65	4.87	4.34	4.37	3.75	5.31	4.47	3.79
Enterprise Value to EBITDA (EV/EBITDA)	6.47	5.84	3.46	6.06	7.83	5.66	4.45	6.31	7.10	6.82
Enterprise Value to EBIT (EV/EBIT)	6.59	6.07	3.63	6.56	8.64	5.98	4.76	6.82	7.95	7.55
Enterprise Value to NOPAT (EV/NOPAT)	8.37	7.68	4.61	8.22	10.83	7.53	6.00	15.05	11.95	3.14
Enterprise Value to Operating Cash Flow (EV/OCF)	8.81	7.68	6.13	7.50	6.60	8.32	7.38	13.16	18.21	22.81
Enterprise Value to Free Cash Flow (EV/FCFF)	9.66	18.06	2.54	9.18	0.00	0.00	16.64	54.40	65.05	64.17
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.12	0.13	0.14	0.24	0.26	0.19	0.23	0.26	0.46	0.54
Long-Term Debt to Equity	0.12	0.13	0.14	0.24	0.26	0.19	0.23	0.26	0.46	0.54
Financial Leverage	0.13	0.13	0.19	0.25	0.23	0.21	0.25	0.35	0.50	0.77
Leverage Ratio	1.28	1.31	1.42	1.54	1.51	1.51	1.68	1.99	2.42	3.40
Compound Leverage Factor	1.28	1.31	1.41	1.55	1.51	1.51	1.68	1.99	2.42	3.40
Debt to Total Capital	11.08%	11.25%	12.49%	19.09%	20.92%	16.19%	18.84%	20.84%	31.62%	35.15%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	11.08%	11.25%	12.49%	19.09%	20.92%	16.19%	18.84%	20.84%	31.62%	35.15%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	88.92%	88.75%	87.51%	80.91%	79.08%	83.81%	81.16%	79.16%	68.38%	64.85%
Debt to EBITDA	0.65	0.69	0.58	1.33	2.01	0.93	0.92	0.98	2.05	2.24
Net Debt to EBITDA	0.42	0.29	0.29	0.98	1.53	0.74	0.75	0.86	1.78	1.91
Long-Term Debt to EBITDA	0.65	0.69	0.58	1.33	2.01	0.93	0.92	0.98	2.05	2.24
Debt to NOPAT	0.84	0.90	0.77	1.81	2.79	1.24	1.24	2.33	3.44	1.03
Net Debt to NOPAT	0.54	0.38	0.38	1.33	2.12	0.99	1.01	2.05	2.99	0.88
Long-Term Debt to NOPAT	0.84	0.90	0.77	1.81	2.79	1.24	1.24	2.33	3.44	1.03
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	661	303	1,568	569	-354	-55	242	98	63	57
Operating Cash Flow to CapEx	61,757.41%	0.00%	19,975.78%	16,921.43%	22,117.46%	10,814.98%	3,824.39%	2,531.17%	2,130.02%	3,485.85%
Free Cash Flow to Firm to Interest Expense	18.57	8.22	32.63	7.97	-5.94	-1.04	4.56	1.73	1.11	0.83
Operating Cash Flow to Interest Expense	20.36	19.32	13.53	9.76	12.29	11.58	10.28	7.13	3.97	2.34
Operating Cash Flow Less CapEx to Interest Expense	20.33	19.33	13.46	9.70	12.23	11.47	10.01	6.85	3.78	2.27
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.18	0.18	0.16	0.15	0.16	0.20	0.19	0.18	0.16	0.17
Fixed Asset Turnover	31.49	27.89	25.09	23.10	22.88	22.80	22.15	24.91	27.66	33.06
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,817	5,715	5,306	6,008	5,942	5,142	4,413	3,985	3,728	3,448
Invested Capital Turnover	0.20	0.20	0.19	0.18	0.20	0.24	0.26	0.26	0.26	0.34
Increase / (Decrease) in Invested Capital	102	410	-703	66	800	728	429	257	280	1,115
Enterprise Value (EV)	6,386	5,476	3,987	5,221	4,833	5,072	4,020	5,352	4,092	3,682
Market Capitalization	5,976	5,204	3,657	4,379	3,886	4,408	3,343	4,622	3,068	2,651
Book Value per Share	$20.41	$18.29	$15.63	$14.93	$13.88	$12.36	$9.91	$8.51	$7.48	$6.58
Tangible Book Value per Share	$20.41	$18.29	$15.63	$14.93	$13.88	$12.36	$9.91	$8.51	$7.48	$6.58
Total Capital	5,817	5,715	5,306	6,008	5,942	5,142	4,413	3,985	3,728	3,448
Total Debt	645	643	663	1,147	1,243	833	832	830	1,179	1,212
Total Long-Term Debt	645	643	663	1,147	1,243	833	832	830	1,179	1,212
Net Debt	410	273	330	842	947	664	677	731	1,023	1,031
Capital Expenditures (CapEx)	1.17	-0.34	3.25	4.12	3.31	5.64	14	16	11	4.63
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	645	643	663	1,147	1,243	833	832	830	1,179	1,212
Total Depreciation and Amortization (D&A)	18	35	54	66	58	49	58	64	61	53
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.92	$2.51	$2.83	$1.90	$1.31	$1.91	$1.83	$0.98	$1.00	$3.45
Adjusted Weighted Average Basic Shares Outstanding	261.68M	283.61M	305.85M	334.33M	339.95M	352.83M	365.41M	362.38M	342.89M	339.55M
Adjusted Diluted Earnings per Share	$2.89	$2.49	$2.79	$1.85	$1.29	$1.85	$1.78	$0.95	$0.86	$2.60
Adjusted Weighted Average Diluted Shares Outstanding	264.00M	287.16M	311.23M	351.31M	359.29M	373.92M	386.08M	394.77M	431.99M	468.04M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$1.91	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	242.71M	269.67M	290.43M	315.61M	338.78M	345.85M	355.64M	370.86M	340.99M	340.01M
Normalized Net Operating Profit after Tax (NOPAT)	763	713	865	635	446	674	670	549	343	341
Normalized NOPAT Margin	65.09%	63.76%	79.24%	59.26%	40.09%	58.02%	62.58%	54.43%	37.42%	35.13%
Pre Tax Income Margin	82.65%	80.69%	99.82%	74.82%	50.26%	73.02%	78.83%	77.75%	56.24%	50.18%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	27.21	24.45	22.84	11.15	9.38	16.10	15.93	13.75	9.08	7.07
NOPAT to Interest Expense	21.43	19.32	18.01	8.90	7.49	12.80	12.65	6.24	6.04	17.00
EBIT Less CapEx to Interest Expense	27.18	24.46	22.77	11.10	9.33	16.00	15.66	13.47	8.90	7.01
NOPAT Less CapEx to Interest Expense	21.40	19.33	17.94	8.84	7.43	12.69	12.38	5.96	5.86	16.94
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	17.10%	17.25%	12.82%	14.84%	18.40%	6.22%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	91.74%	64.54%	57.38%	60.64%	45.30%	24.89%	24.39%	0.00%	42.95%	0.00%

This table displays calculated financial ratios and metrics derived from MGIC Investment's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	3.90%	6.74%	3.20%	5.46%	3.96%	-5.23%	6.31%	2.94%	6.28%	23.73%	-2.47%
EBITDA Growth	4.54%	1.56%	5.08%	5.18%	9.99%	-8.96%	-25.29%	-23.77%	-12.65%	12.96%	50.90%
EBIT Growth	6.39%	2.56%	7.92%	7.31%	12.41%	-7.27%	-25.19%	-23.27%	-11.17%	16.19%	57.34%
NOPAT Growth	6.53%	0.11%	9.37%	6.90%	12.65%	-3.62%	-26.75%	-23.35%	-11.69%	10.07%	58.01%
Net Income Growth	6.53%	0.11%	9.37%	6.90%	12.65%	-3.62%	-26.75%	-23.35%	-11.69%	10.07%	58.01%
EPS Growth	17.19%	7.58%	20.31%	16.67%	20.75%	3.13%	-20.99%	-17.50%	-1.85%	23.08%	76.09%
Operating Cash Flow Growth	17.38%	-2.08%	7.72%	16.99%	-10.25%	12.05%	39.02%	8.22%	-6.90%	-9.62%	-25.08%
Free Cash Flow Firm Growth	211.80%	136.81%	-115.11%	-128.03%	-150.50%	-125.19%	-109.58%	-81.01%	-57.16%	727.62%	662.19%
Invested Capital Growth	0.68%	1.78%	8.02%	4.59%	5.61%	7.72%	5.67%	0.31%	-1.89%	-11.69%	-15.02%
Revenue Q/Q Growth	1.28%	-1.45%	0.17%	3.92%	4.05%	-4.72%	2.36%	2.44%	-5.15%	6.88%	-0.88%
EBITDA Q/Q Growth	-1.01%	-7.04%	-2.81%	16.88%	-3.83%	-3.82%	-2.72%	22.24%	-20.41%	-21.07%	-0.74%
EBIT Q/Q Growth	-0.46%	-7.37%	-2.46%	18.29%	-4.05%	-2.53%	-3.01%	23.91%	-20.85%	-21.36%	-0.51%
NOPAT Q/Q Growth	0.41%	-7.64%	-2.09%	17.31%	-5.64%	0.91%	-4.30%	23.62%	-19.27%	-23.31%	0.14%
Net Income Q/Q Growth	0.41%	-7.64%	-2.09%	17.31%	-5.64%	0.91%	-4.30%	23.62%	-19.27%	-23.31%	0.14%
EPS Q/Q Growth	5.63%	-7.79%	0.00%	20.31%	-3.03%	3.13%	-3.03%	24.53%	-17.19%	-20.99%	1.25%
Operating Cash Flow Q/Q Growth	22.63%	-0.27%	8.06%	-11.18%	2.30%	9.71%	17.35%	-31.86%	27.71%	36.12%	-8.64%
Free Cash Flow Firm Q/Q Growth	76.72%	134.40%	-393.43%	62.73%	41.82%	-101.08%	-164.29%	-32.84%	-70.99%	-23.53%	27.45%
Invested Capital Q/Q Growth	-0.55%	-2.04%	3.08%	0.26%	0.54%	3.96%	-0.19%	1.23%	2.55%	1.98%	-5.25%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	79.78%	81.63%	86.53%	89.19%	79.30%	85.79%	84.99%	89.43%	74.95%	89.31%	120.93%
EBIT Margin	78.88%	80.25%	85.38%	87.68%	77.03%	83.52%	81.64%	86.17%	71.23%	85.37%	116.02%
Profit (Net Income) Margin	62.53%	63.07%	67.29%	68.84%	60.99%	67.25%	63.50%	67.92%	56.28%	66.13%	92.16%
Tax Burden Percent	79.03%	78.69%	78.64%	78.60%	79.18%	80.27%	78.01%	78.82%	79.01%	79.62%	79.43%
Interest Burden Percent	100.32%	99.87%	100.23%	99.89%	100.00%	100.30%	99.70%	100.00%	100.00%	97.29%	100.00%
Effective Tax Rate	20.97%	21.31%	21.36%	21.40%	20.82%	19.73%	21.99%	21.18%	20.99%	20.38%	20.57%
Return on Invested Capital (ROIC)	12.83%	12.82%	13.58%	13.98%	12.31%	13.65%	13.45%	13.79%	11.35%	12.77%	16.87%
ROIC Less NNEP Spread (ROIC-NNEP)	12.83%	12.82%	13.58%	13.98%	12.31%	13.65%	13.45%	13.79%	11.35%	12.77%	16.87%
Return on Net Nonoperating Assets (RNNOA)	1.61%	1.61%	1.72%	1.84%	1.63%	1.83%	1.87%	2.32%	1.93%	2.43%	3.42%
Return on Equity (ROE)	14.45%	14.43%	15.30%	15.82%	13.94%	15.48%	15.32%	16.10%	13.29%	15.20%	20.29%
Cash Return on Invested Capital (CROIC)	12.75%	11.47%	5.63%	8.74%	7.64%	5.50%	7.95%	14.00%	17.29%	27.72%	31.21%
Operating Return on Assets (OROA)	14.28%	14.38%	15.14%	15.58%	13.50%	14.65%	14.82%	14.85%	11.96%	13.77%	17.60%
Return on Assets (ROA)	11.32%	11.30%	11.93%	12.24%	10.69%	11.79%	11.53%	11.71%	9.45%	10.67%	13.98%
Return on Common Equity (ROCE)	14.45%	14.43%	15.30%	15.82%	13.94%	15.48%	15.32%	16.10%	13.29%	15.20%	20.29%
Return on Equity Simple (ROE_SIMPLE)	15.07%	0.00%	14.41%	14.57%	14.36%	0.00%	14.83%	16.24%	17.68%	0.00%	18.67%
Net Operating Profit after Tax (NOPAT)	185	185	200	204	174	185	183	191	155	191	250
NOPAT Margin	62.53%	63.07%	67.29%	68.84%	60.99%	67.25%	63.50%	67.92%	56.28%	66.13%	92.16%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	21.12%	19.75%	14.62%	12.32%	22.97%	16.48%	18.36%	13.83%	28.77%	14.63%	-16.02%
Earnings before Interest and Taxes (EBIT)	234	235	254	260	220	229	235	242	196	247	314
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	237	239	257	265	226	235	245	252	206	259	328
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.17	1.16	1.25	1.12	1.20	1.03	0.95	0.91	0.79	0.79	0.81
Price to Tangible Book Value (P/TBV)	1.17	1.16	1.25	1.12	1.20	1.03	0.95	0.91	0.79	0.79	0.81
Price to Revenue (P/Rev)	5.08	5.10	5.75	4.99	5.43	4.65	4.06	3.93	3.39	3.35	3.57
Price to Earnings (P/E)	7.77	7.83	8.70	7.66	8.37	7.30	6.39	5.58	4.45	4.23	4.36
Dividend Yield	2.04%	2.08%	1.86%	2.15%	2.01%	2.29%	2.55%	2.61%	2.94%	2.92%	2.79%
Earnings Yield	12.88%	12.77%	11.49%	13.05%	11.94%	13.70%	15.64%	17.91%	22.49%	23.66%	22.94%
Enterprise Value to Invested Capital (EV/IC)	1.11	1.10	1.18	1.05	1.10	0.96	0.90	0.86	0.75	0.75	0.79
Enterprise Value to Revenue (EV/Rev)	5.45	5.45	6.05	5.30	5.61	4.90	4.39	4.25	3.66	3.65	3.96
Enterprise Value to EBITDA (EV/EBITDA)	6.46	6.47	7.10	6.25	6.61	5.84	5.17	4.54	3.61	3.46	3.66
Enterprise Value to EBIT (EV/EBIT)	6.56	6.59	7.25	6.43	6.84	6.07	5.40	4.74	3.78	3.63	3.87
Enterprise Value to NOPAT (EV/NOPAT)	8.33	8.37	9.15	8.14	8.65	7.68	6.90	6.02	4.80	4.61	4.85
Enterprise Value to Operating Cash Flow (EV/OCF)	8.50	8.81	9.58	8.48	9.17	7.68	7.17	7.34	6.39	6.13	6.15
Enterprise Value to Free Cash Flow (EV/FCFF)	8.77	9.66	21.68	12.32	14.83	18.06	11.69	6.16	4.27	2.54	2.32
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.13	0.12	0.12	0.13	0.13	0.13	0.13	0.14	0.14	0.14	0.15
Long-Term Debt to Equity	0.13	0.12	0.12	0.13	0.13	0.13	0.13	0.14	0.14	0.14	0.15
Financial Leverage	0.13	0.13	0.13	0.13	0.13	0.13	0.14	0.17	0.17	0.19	0.20
Leverage Ratio	1.28	1.28	1.28	1.29	1.30	1.31	1.33	1.38	1.41	1.42	1.45
Compound Leverage Factor	1.28	1.28	1.28	1.29	1.30	1.32	1.33	1.38	1.41	1.39	1.45
Debt to Total Capital	11.15%	11.08%	10.85%	11.18%	11.20%	11.25%	11.69%	12.05%	12.19%	12.49%	12.74%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	11.15%	11.08%	10.85%	11.18%	11.20%	11.25%	11.69%	12.05%	12.19%	12.49%	12.74%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	88.85%	88.92%	89.15%	88.82%	88.80%	88.75%	88.31%	87.95%	87.81%	87.51%	87.26%
Debt to EBITDA	0.65	0.65	0.66	0.66	0.67	0.69	0.67	0.64	0.59	0.58	0.59
Net Debt to EBITDA	0.43	0.42	0.35	0.37	0.21	0.29	0.38	0.33	0.26	0.29	0.37
Long-Term Debt to EBITDA	0.65	0.65	0.66	0.66	0.67	0.69	0.67	0.64	0.59	0.58	0.59
Debt to NOPAT	0.83	0.84	0.84	0.86	0.88	0.90	0.89	0.84	0.78	0.77	0.78
Net Debt to NOPAT	0.56	0.54	0.45	0.48	0.28	0.38	0.51	0.44	0.35	0.38	0.49
Long-Term Debt to NOPAT	0.83	0.84	0.84	0.86	0.88	0.90	0.89	0.84	0.78	0.77	0.78
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	146	83	-241	-49	-131	-225	-112	174	259	894	1,169
Operating Cash Flow to CapEx	178,923.20%	35,482.10%	47,999.74%	60,658.78%	0.00%	0.00%	22,337.89%	46,968.18%	58,480.99%	19,509.27%	47,700.78%
Free Cash Flow to Firm to Interest Expense	16.46	9.31	-27.05	-5.49	-14.72	-25.30	-12.10	18.57	27.67	95.30	113.51
Operating Cash Flow to Interest Expense	25.13	20.49	20.54	19.02	21.41	20.93	18.35	15.43	22.65	17.72	11.86
Operating Cash Flow Less CapEx to Interest Expense	25.12	20.44	20.49	18.99	21.41	21.11	18.26	15.39	22.61	17.63	11.83
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.17	0.17	0.16	0.15
Fixed Asset Turnover	32.83	31.49	30.52	29.94	28.88	27.89	27.12	26.34	25.84	25.09	23.16
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,785	5,817	5,938	5,761	5,746	5,715	5,498	5,508	5,441	5,306	5,203
Invested Capital Turnover	0.21	0.20	0.20	0.20	0.20	0.20	0.21	0.20	0.20	0.19	0.18
Increase / (Decrease) in Invested Capital	39	102	441	253	305	410	295	17	-105	-703	-919
Enterprise Value (EV)	6,447	6,386	6,981	6,069	6,337	5,476	4,970	4,739	4,054	3,987	4,109
Market Capitalization	6,014	5,976	6,636	5,713	6,133	5,204	4,602	4,392	3,757	3,657	3,696
Book Value per Share	$21.18	$20.41	$20.42	$19.19	$18.88	$18.29	$17.20	$16.90	$16.45	$15.63	$14.96
Tangible Book Value per Share	$21.18	$20.41	$20.42	$19.19	$18.88	$18.29	$17.20	$16.90	$16.45	$15.63	$14.96
Total Capital	5,785	5,817	5,938	5,761	5,746	5,715	5,498	5,508	5,441	5,306	5,203
Total Debt	645	645	644	644	644	643	643	664	663	663	663
Total Long-Term Debt	645	645	644	644	644	643	643	664	663	663	663
Net Debt	432	410	345	356	204	273	368	347	297	330	413
Capital Expenditures (CapEx)	0.13	0.51	0.38	0.28	0.00	-1.63	0.76	0.31	0.36	0.85	0.26
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	645	645	644	644	644	643	643	664	663	663	663
Total Depreciation and Amortization (D&A)	2.69	4.03	3.43	4.48	6.49	6.23	9.63	9.18	10	11	13
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.76	$0.74	$0.77	$0.77	$0.64	$0.66	$0.65	$0.67	$0.53	$0.65	$0.82
Adjusted Weighted Average Basic Shares Outstanding	244.15M	261.68M	258.60M	265.32M	270.31M	283.61M	281.76M	285.91M	290.99M	305.85M	302.62M
Adjusted Diluted Earnings per Share	$0.75	$0.71	$0.77	$0.77	$0.64	$0.66	$0.64	$0.66	$0.53	$0.64	$0.81
Adjusted Weighted Average Diluted Shares Outstanding	246.49M	264.00M	260.83M	266.87M	273.11M	287.16M	285.60M	289.57M	294.71M	311.23M	307.19M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	237.44M	242.71M	253.37M	259.23M	533.17M	269.67M	554.62M	564.64M	573.24M	290.43M	594.05M
Normalized Net Operating Profit after Tax (NOPAT)	185	185	200	204	174	185	183	191	155	191	250
Normalized NOPAT Margin	62.53%	63.07%	67.29%	68.84%	60.99%	67.25%	63.50%	67.92%	56.28%	66.13%	92.16%
Pre Tax Income Margin	79.13%	80.15%	85.58%	87.59%	77.03%	83.78%	81.40%	86.17%	71.23%	83.05%	116.02%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	26.29	26.41	28.49	29.23	24.71	25.75	25.40	25.85	20.87	26.34	30.51
NOPAT to Interest Expense	20.84	20.76	22.46	22.95	19.56	20.73	19.76	20.37	16.49	20.41	24.24
EBIT Less CapEx to Interest Expense	26.27	26.35	28.45	29.20	24.71	25.93	25.32	25.82	20.83	26.25	30.49
NOPAT Less CapEx to Interest Expense	20.83	20.70	22.41	22.92	19.56	20.91	19.68	20.34	16.45	20.32	24.21
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	16.93%	17.10%	16.96%	17.19%	17.23%	17.25%	16.79%	15.11%	13.60%	12.82%	12.65%
Augmented Payout Ratio	107.26%	91.74%	81.89%	75.96%	65.86%	64.54%	58.35%	55.36%	53.62%	57.38%	65.00%

Frequently Asked Questions About MGIC Investment's Financials

When does MGIC Investment's financial year end?

According to the most recent income statement we have on file, MGIC Investment's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has MGIC Investment's net income changed over the last 9 years?

In the past 9 years, MGIC Investment's net income has ranged from $342.52 million in 2016 to $1.17 billion in 2015, and is currently $762.99 million as of their latest financial filing in 2024. Check out MGIC Investment's forecast to explore projected trends and price targets.

How has MGIC Investment revenue changed over the last 9 years?

Over the last 9 years, MGIC Investment's total revenue changed from $971.85 million in 2015 to $1.17 billion in 2024, a change of 20.6%.

How much debt does MGIC Investment have?

MGIC Investment's total liabilities were at $1.37 billion at the end of 2024, a 6.2% decrease from 2023, and a 62.1% decrease since 2015.

How much cash does MGIC Investment have?

In the past 9 years, MGIC Investment's cash and equivalents has ranged from $99.85 million in 2017 to $363.67 million in 2023, and is currently $229.49 million as of their latest financial filing in 2024.

How has MGIC Investment's book value per share changed over the last 9 years?

Over the last 9 years, MGIC Investment's book value per share changed from 6.58 in 2015 to 20.41 in 2024, a change of 210.1%.

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This page (NYSE:MTG) was last updated on 5/25/2025 by MarketBeat.com Staff

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MGIC Investment (MTG) Financials

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