MGIC Investment Corporation (MTG) — Financial statements
Income statement, balance sheet, and cash flow for MGIC Investment Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,214↑0.5% | 1,208↑4.6% | 1,155↓1.5% | 1,173↓1.1% | 1,186 | |
| Cost of Revenue | 62↑1148.6% | -6↑41.2% | -10↑95.9% | -242↓413.8% | 77 | |
| Gross Profit | 1,152↓5.1% | 1,214↑4.2% | 1,165↓17.7% | 1,415↑27.6% | 1,108 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 47 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 47 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Expenses | 176↓28.0% | 245↓6.8% | 263↓19.1% | 325↑5.9% | 307 | |
| Operating Expenses | 223↓8.9% | 245↓6.8% | 263↓19.1% | 325↑5.9% | 307 | |
| Total Costs & Expenses | 285↑19.3% | 239↓5.5% | 253↑205.6% | 83↓78.4% | 384 | |
| Operating Results | ||||||
| Operating Income | 929↓4.1% | 969↑7.4% | 902↓17.2% | 1,090↑36.0% | 802 | |
| Depreciation & Amortization | 7↓62.3% | 18↓47.7% | 35↓35.1% | 54↓17.8% | 66 | |
| EBITDA | 971↓5.1% | 1,023↑5.0% | 974↓18.3% | 1,192↑27.0% | 939 | |
| EBIT | 964↓4.0% | 1,004↑6.9% | 939↓17.5% | 1,138↑30.3% | 873 | |
| Interest & Other Income | ||||||
| Net Interest Income | -35↑3.1% | -36↑3.5% | -37↑23.2% | -48↑32.7% | -71 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 35↓3.1% | 36↓3.5% | 37↓23.2% | 48↓32.7% | 71 | |
| Non-Operating Income | -36↓0.0% | -36↑3.5% | -37↑23.2% | -48↑32.7% | -71 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 929↓4.1% | 969↑7.4% | 902↓17.2% | 1,090↑36.0% | 802 | |
| Income Tax Expense | 190↓7.5% | 206↑8.7% | 189↓15.8% | 225↑34.7% | 167 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 738↓3.2% | 763↑7.0% | 713↓17.6% | 865↑36.3% | 635 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 738↓3.2% | 763↑7.0% | 713↓17.6% | 865↑36.3% | 635 | |
| Bottom-Line Net Income | 738↓3.2% | 763↑6.9% | 714↓17.8% | 869↑33.8% | 649 | |
| EPS (Basic) | 3.17↑8.6% | 2.92↑15.9% | 2.52↓11.0% | 2.83↑48.9% | 1.90 | |
| EPS (Diluted) | 3.14↑8.7% | 2.89↑16.1% | 2.49↓10.8% | 2.79↑50.8% | 1.85 | |
| Weighted Average Shares | 226↓13.7% | 262↓7.7% | 284↓7.3% | 306↓8.5% | 334 | |
| Weighted Average Diluted Shares | 226↓14.5% | 264↓8.1% | 287↓7.7% | 311↓11.4% | 351 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.