MGIC Investment Corporation

MTG Financial Insurance Specialty

MGIC Investment Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, roughly unchanged from fiscal 2024.

Revenue
−1.78%
EPS
+2.41%
Free cash flow
+0.56%
Total debt
+0.23%

Quarter to September 2026, against a year earlier

28.46 0.89 −3.03%
Market cap
$6.0B
P/E
9.1×
Fwd P/E
8.7×
Dividend yield
1.61%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

MGIC Investment Corporation (MTG) Free cash flow margin

Alert me on Free cash flow margin

MGIC Investment Corporation's free cash flow margin over the twelve months to 30 September 2026 was 59.5%, down 10.7 percentage points from fiscal 2025 (70.2%). Over the past ten years it has ranged from 15.1% (fiscal 2015) to 70.2% (fiscal 2025) — the current reading is the highest in ten years. That is above the Insurance Specialty industry median of 34.5% and above the Financial sector median of 11.4%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 70.2% 10.24
FY2024 59.9% (1.81)
FY2023 61.8% 6.60
FY2022 55.2% (3.23)
FY2021 58.4% (2.41)
FY2020 60.8% 11.04
FY2019 49.8% 2.57
FY2018 47.2% 10.54
FY2017 36.6% 16.48
FY2016 20.2% 5.11

Against its own ten years

Low 15.1% High 70.2%
Ten-year median 55.2%
Current reading's percentile 100

Free cash flow margin against peers

Company Free cash flow margin
RDN Radian Group Inc. compare 84.5%
ESNT Essent Group Ltd. compare 62.4%
NMIH NMI Holdings Inc compare 60.4%
MTG MGIC Investment Corporation 59.5%
ACT Enact Holdings, Inc. compare 56.8%
AXS Axis Capital Holdings Limited compare 37.6%
FNF Fidelity National Financial, Inc. compare 35.3%
AGO Assured Guaranty Ltd. compare 34.5%
FAF First American Financial Corporation compare 9.96%
Insurance Specialty industry median 34.5%
Financial sector median 11.4%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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