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) Net margin

Alert me on Net margin

MGIC Investment Corporation's net margin over the twelve months to 30 September 2026 was 58.1%, down 2.7 percentage points from fiscal 2025 (60.8%). Over the past ten years it has ranged from 32.2% (fiscal 2016) to 112.6% (fiscal 2015); the current reading is higher than 64% of that period. That is above the Insurance Specialty industry median of 13.8% and above the Financial sector median of 14.3%.

Net margin, annual

Embed this chart

Annual newest first

Period Net margin Change (points)
FY2025 60.8% (2.34)
FY2024 63.2% 1.46
FY2023 61.7% (12.07)
FY2022 73.8% 20.24
FY2021 53.6% 16.35
FY2020 37.2% (18.30)
FY2019 55.5% (4.13)
FY2018 59.6% 26.26
FY2017 33.4% 1.13
FY2016 32.2% (80.31)

Quarterly newest first

Period Net margin Change (points)
Sep 2026 58.5% (3.16)
Jun 2026 61.7% 6.02
Mar 2026 55.6% (1.05)
Dec 2025 56.7% (6.07)
43 more quarters

Against its own ten years

Low 32.2% High 112.6%
Ten-year median 59.6%
Current reading's percentile 51

Net margin against peers

Company Net margin
MTG MGIC Investment Corporation 58.1%
NMIH NMI Holdings Inc compare 54.1%
ACT Enact Holdings, Inc. compare 54.1%
ESNT Essent Group Ltd. compare 51.5%
AGO Assured Guaranty Ltd. compare 37.3%
RDN Radian Group Inc. compare 32.6%
AXS Axis Capital Holdings Limited compare 14.2%
FAF First American Financial Corporation compare 9.05%
FNF Fidelity National Financial, Inc. compare 5.03%
Insurance Specialty industry median 13.8%
Financial sector median 14.3%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

More on MTG