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
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MGIC Investment Corporation (MTG) 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 | Free account |
Against its own ten years
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
More on MTG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement