MGIC Investment Corporation

MGIC Investment Corporation

MTGยทNYSE

$24.86

+0.18%
Financial ServicesInsurance - Specialty

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.

At a Glance

Live Snapshot
Market Cap$5.26B
EPS3.1700
P/E Ratio7.84
Earnings Date07/29/2026
3Y+3.0%
5Y+1.0%
10Y+14.0%
3Y-15.0%
5Y+66.0%
10Y+116.0%
3Y+31.0%
5Y+16.0%
10Y+288.0%
MGIC Investment Corporation

MGIC Investment Corporation Profit Bridge

MTG ยท NYSE
Revenue1.21B
Cost of Goods Sold (61.91M)
Gross Profit1.15B
Operating Expenses (223.24M)
Operating Income928.54M
Interest Expense (34.50M)
Other Income/Expense0.00
Pretax Income928.54M
Income Tax (190.19M)
Net Income738.35M
Net Income
738.35M

Profitability Analysis

Gross Margin

94.9%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

76.5%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

60.8%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

20.5%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

MGIC Investment Corporation Income Statement

MTG โ€ข NYSE

MGIC Investment Corporation Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 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

SEC Filings

MTG - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
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
Showing 1 to 10 of 428 filings