Financials in USD. Standardized financial statements.
A compact view of how MGIC Investment Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.21B | $1.21B | $1.16B | $1.17B | $1.19B | $1.20B | $1.21B | $1.12B | $1.07B | $1.06B |
| Revenue Growth? | +0.5% | +4.6% | -1.5% | -1.1% | -1.1% | -1.2% | +8.0% | +5.4% | +0.3% | 0.0% |
| Cost of Revenue? | $61.91M | -$5.90M | -$10.04M | -$242.20M | $77.18M | $377.15M | $130.58M | $48.49M | $64.82M | $249.80M |
| Gross Profit? | $1.15B | $1.21B | $1.17B | $1.41B | $1.11B | $821.99M | $1.08B | $1.08B | $1.00B | $812.68M |
| Gross Margin? | +94.9% | +100.5% | +100.9% | +120.7% | +93.5% | +68.5% | +89.2% | +95.7% | +93.9% | +76.5% |
| Operating Expenses? | $223.24M | $244.93M | $262.91M | $324.95M | $306.72M | $262.73M | $235.42M | $231.20M | $216.74M | $297.97M |
| Operating Income? | $928.54M | $968.71M | $902.23M | $1.09B | $801.78M | $559.26M | $847.98M | $844.15M | $784.50M | $514.71M |
| EBITDA? | $971.09M | $1.02B | $974.36M | $1.19B | $939.15M | $676.67M | $949.42M | $955.36M | $905.96M | $632.73M |
| Income Before Tax | $928.54M | $968.71M | $902.23M | $1.09B | $801.78M | $559.26M | $847.98M | $844.15M | $784.50M | $514.71M |
| Income Tax Expense | $190.19M | $205.72M | $189.28M | $224.69M | $166.79M | $113.17M | $174.21M | $174.05M | $428.74M | $172.20M |
| Net Income? | $738.35M | $762.99M | $712.95M | $865.35M | $634.98M | $446.09M | $673.76M | $670.10M | $355.76M | $342.52M |
| EPS? | $3.17 | $2.92 | $2.52 | $2.83 | $1.90 | $1.31 | $1.91 | $1.78 | $0.98 | $1.00 |
| Diluted EPS? | $3.14 | $2.89 | $2.49 | $2.79 | $1.85 | $1.29 | $1.85 | $1.74 | $0.95 | $0.86 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality