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

29.27 0.14 +0.48%
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) Gross margin

Alert me on Gross margin

MGIC Investment Corporation's gross margin over the twelve months to 30 September 2026 was 76.6%, down 3.4 percentage points from fiscal 2025 (80.0%). Over the past ten years it has ranged from 54.4% (fiscal 2015) to 101.5% (fiscal 2022); the current reading is higher than 64% of that period. That is above the Insurance Specialty industry median of 56.2% and above the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 80.0% (3.87)
FY2024 83.9% 1.66
FY2023 82.2% (19.28)
FY2022 101.5% 23.70
FY2021 77.8% 22.95
FY2020 54.9% (20.31)
FY2019 75.2% (5.71)
FY2018 80.9% 0.90
FY2017 80.0% 16.78
FY2016 63.2% 8.86

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 77.4% (3.86)
Jun 2026 81.3% 8.26
Mar 2026 73.0% (1.81)
Dec 2025 74.8% (5.88)
43 more quarters

Against its own ten years

Low 54.4% High 101.5%
Ten-year median 80.0%
Current reading's percentile 40

Gross margin against peers

Company Gross margin
FAF First American Financial Corporation compare 100.0%
AGO Assured Guaranty Ltd. compare 99.0%
NMIH NMI Holdings Inc compare 89.9%
MTG MGIC Investment Corporation 76.6%
RDN Radian Group Inc. compare 69.2%
ESNT Essent Group Ltd. compare 64.5%
FNF Fidelity National Financial, Inc. compare 55.9%
AXS Axis Capital Holdings Limited compare 28.7%
ACT Enact Holdings, Inc. compare 0.00%
Insurance Specialty industry median 56.2%
Financial sector median 70.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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