MGIC Investment financials
$28.25−0.35%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.21B | $1.21B | $1.16B | $1.17B | $1.19B | $1.19B | $1.21B | $1.12B | $1.07B | $1.06B |
| Gross profit | $1.16B | $1.21B | $1.17B | $1.41B | $1.11B | $809.4M | $1.08B | $1.08B | $1.00B | $812.7M |
| Gross margin | 95.4% | 100.5% | 100.9% | 120.7% | 93.5% | 68.2% | 89.2% | 95.7% | 93.9% | 76.5% |
| Operating income | $964.1M | $1.00B | $939.1M | $1.18B | $910.1M | $633.0M | $900.6M | $897.1M | $841.6M | $661.9M |
| Net income | $738.3M | $763.0M | $712.9M | $865.3M | $635.0M | $446.1M | $673.8M | $670.1M | $355.8M | $342.5M |
| Net margin | 60.8% | 63.2% | 61.7% | 73.8% | 53.6% | 37.6% | 55.5% | 59.6% | 33.4% | 32.2% |
| Diluted EPS | $3.14 | $2.89 | $2.49 | $2.79 | $1.85 | $1.29 | $1.85 | $1.78 | $0.95 | $0.79 |
| EBITDA | $971.1M | $1.02B | $974.4M | $1.23B | $976.1M | $690.8M | $949.4M | $955.4M | $906.0M | $723.3M |
| Operating cash flow | $852.8M | $725.0M | $713.0M | $650.0M | $696.3M | $732.3M | $609.5M | $544.5M | $402.2M | $172.0M |
| Free cash flow | $851.8M | $723.9M | $711.0M | $646.8M | $692.2M | $729.0M | $603.9M | $530.3M | $386.1M | $161.4M |
| Diluted shares | 235.1M | 264.0M | 287.2M | 311.2M | 351.3M | 359.3M | 373.9M | 386.1M | 394.8M | 432.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $369.0M | $229.5M | $363.7M | $327.4M | $284.7M | $288.0M |
| Short-term investments | $6.5M | $5.1M | $7.0M | $5.5M | $20.3M | $8.7M |
| Total debt | $646.1M | $644.7M | $643.2M | $662.8M | $991.7M | $1.09B |
| Total assets | $6.64B | $6.55B | $6.54B | $6.21B | $7.33B | $7.35B |
| Total liabilities | $1.49B | $1.37B | $1.47B | $1.57B | $2.46B | $2.66B |
| Shareholders' equity | $5.15B | $5.17B | $5.07B | $4.64B | $4.86B | $4.70B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology