$24.86
+0.18%MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Outstanding operational efficiency. The company generates substantial profit from core operations.
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
MTG โข NYSE
| MGIC Investment Corporation Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B | 1B | 942.6M | 1B | 1.4B | 1.5B | 1.5B | 1.7B | 1.7B | 1.7B | 1.5B | |
GROSS PROFIT | ||||||||||||||||||||
(61.9M) | -5.9M | -10M | -242.2M | (77.2M) | (377.2M) | (130.6M) | (48.5M) | (64.8M) | (249.8M) | (328.6M) | (479M) | (824M) | (2B) | (1.7B) | (1.6B) | (3.4B) | (3.8B) | (3.9B) | (904.5M) | |
1.2B | 1.2B | 1.2B | 1.4B | 1.1B | 822M | 1.1B | 1.1B | 1B | 812.7M | 712.7M | 463.6M | 215.4M | -635.3M | -173.2M | -42.7M | -1.7B | -2.1B | -2.2B | 564.7M | |
OPERATING INCOME | ||||||||||||||||||||
(223.2M) | (244.9M) | (262.9M) | (325M) | (306.7M) | (262.7M) | (235.4M) | (231.2M) | (216.7M) | (298M) | (225M) | (208.9M) | (261.5M) | (293.3M) | (311.1M) | (316.7M) | (67.7M) | -1.2B | (42M) | (39.3M) | |
(47M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
928.5M | 968.7M | 902.2M | 1.1B | 801.8M | 559.3M | 848M | 844.2M | 784.5M | 514.7M | 487.7M | 254.7M | -46.2M | -928.6M | -484.3M | -359.4M | -1.8B | -947.6M | -2.2B | 525.3M | |
PRE-TAX INCOME | ||||||||||||||||||||
(34.5M) | (35.6M) | (36.9M) | (48.1M) | (71.4M) | (59.6M) | (52.7M) | (53M) | (57M) | (56.7M) | (68.9M) | (69.6M) | (79.7M) | (99.3M) | (103.3M) | (98.6M) | (89.3M) | (81.1M) | (42M) | (39.3M) | |
-34.5M | -35.6M | -36.9M | -48.1M | -71.4M | -59.6M | -52.7M | -53M | -57M | -56.7M | -68.9M | -69.6M | -79.7M | -99.3M | -103.3M | -98.6M | -89.3M | -81.1M | -42M | -39.3M | |
(176.2M) | (244.9M) | (262.9M) | (325M) | (306.7M) | (262.7M) | (235.4M) | (231.2M) | (216.7M) | (298M) | (225M) | (208.9M) | (261.5M) | (293.3M) | (311.1M) | (316.7M) | (67.7M) | -1.2B | (42M) | (39.3M) | |
928.5M | 968.7M | 902.2M | 1.1B | 801.8M | 559.3M | 848M | 844.2M | 784.5M | 514.7M | 487.7M | 254.7M | -46.2M | -928.6M | -484.3M | -359.4M | -1.8B | -947.6M | -2.2B | 525.3M | |
NET INCOME | ||||||||||||||||||||
(190.2M) | (205.7M) | (189.3M) | (224.7M) | (166.8M) | (113.2M) | (174.2M) | (174.1M) | (428.7M) | (172.2M) | -684.3M | (2.8M) | (3.7M) | -1.6M | (1.6M) | (4.3M) | -442.8M | -397.8M | -834M | -130.1M | |
738.3M | 763M | 712.9M | 865.3M | 635M | 446.1M | 673.8M | 670.1M | 355.8M | 342.5M | 1.2B | 251.9M | -49.8M | -927.1M | -485.9M | -363.7M | -1.3B | -525.4M | -1.7B | 564.7M |
MTG - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | April 29, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 29, 2026 | April 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 23, 2026 | April 23, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 20, 2026 | March 20, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 25, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 02, 2026 | February 02, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 15, 2025 | December 11, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 29, 2025 | October 29, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | October 29, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 23, 2025 | October 22, 2025 | 2025 |
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