MGIC Investment Corporation | Mid-cap | Financial Services
$27.84
0.61%
| MGIC Investment Stock Comparison:
MGIC Investment vs Ryan SpecialtyMGIC Investment vs Fidelity NationalMGIC Investment vs Axis CapitalMGIC Investment vs EssentMGIC Investment vs First AmericanMGIC Investment vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 1.2B
Net Income 763.0M 63.18%
EPS (Diluted) $2.89

Balance Sheet Metrics

Total Assets 6.5B
Total Liabilities 1.4B
Shareholders Equity 5.2B
Debt to Equity 0.27

Cash Flow Metrics

Operating Cash Flow 784.9M
Free Cash Flow 723.9M

Revenue & Profitability Trend

MGIC Investment Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 1.2B 1.2B 1.2B 1.2B 1.2B
Cost of Goods Sold - - - - -
Gross Profit - - - - -
Research & Development - - - - -
Selling, General & Administrative - - - - -
Other Operating Expenses 0 0 0 0 0
Total Operating Expenses 0 0 0 0 0
Operating Income - - - - -
Pre-tax Income 968.7M 902.2M 1.1B 801.8M 559.3M
Income Tax 205.7M 189.3M 224.7M 166.8M 113.2M
Net Income 763.0M 712.9M 865.3M 635.0M 446.1M
EPS (Diluted) $2.89 $2.49 $2.79 $1.85 $1.29

Income Statement Trend

MGIC Investment Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets - - - - -
Non-Current Assets - - - - -
Total Assets 6.5B - - - -
Liabilities
Current Liabilities - - - - -
Non-Current Liabilities - - - - -
Total Liabilities 1.4B - - - -
Equity
Total Shareholders Equity 5.2B 5.1B 4.6B 4.9B 4.7B

Balance Sheet Composition

MGIC Investment Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 763.0M 712.9M 865.3M 635.0M 446.1M
Operating Cash Flow 784.9M 757.2M 972.7M 673.4M 458.9M
Investing Activities
Capital Expenditures -1.2M -2.0M -3.3M -4.1M -3.3M
Investing Cash Flow -142.0M -179.2M 410.5M -160.7M -772.5M
Financing Activities
Dividends Paid -130.5M -123.0M -110.9M -94.2M -82.1M
Financing Cash Flow -719.0M -496.0M -1.0B -527.3M 167.8M
Free Cash Flow 723.9M 711.0M 646.8M 692.2M 729.0M

Cash Flow Trend

MGIC Investment Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 9.01
Forward P/E 9.72
Price to Book 1.26
Price to Sales 5.26
PEG Ratio 9.72

Profitability Ratios

Profit Margin 63.49%
Operating Margin 79.54%
Return on Equity 15.12%
Return on Assets 9.75%

Financial Health

Current Ratio 2.29
Debt to Equity 12.55
Beta 0.89

Per Share Data

EPS (TTM) $3.00
Book Value per Share $21.40
Revenue per Share $4.78

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
mtg 6.4B 9.01 1.26 15.12% 63.49% 12.55
Ryan Specialty 18.2B 192.58 16.10 18.19% 1.95% 365.74
Fidelity National 15.4B 13.88 1.95 14.49% 8.39% 54.22
Axis Capital 8.4B 10.61 1.57 15.44% 14.54% 25.23
Essent 6.2B 8.93 1.11 13.29% 57.30% 8.73
First American 6.2B 39.65 1.24 3.26% 2.52% 49.83

Financial data is updated regularly. All figures are in the company's reporting currency.