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Friday 6 November 2026 Export MTG’s income statement to Excel — free account

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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Valuation Filings

MGIC Investment Corporation (MTG) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, MGIC Investment Corporation (MTG) trades at a P/B ratio of 1.2×. Over the past ten years it has ranged from 0.4× (April 2020) to 3.3× (June 2015); the current reading is higher than 63% of that period. That is in line with the Insurance Specialty industry median of 1.2× and in line with the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.3× 10.25%
FY2024 1.2× 10.99%
FY2023 1.1× 25.15%
FY2022 0.9× (12.92%)
FY2021 1.0× 9.23%
FY2020 0.9× (21.75%)
FY2019 1.2× 8.72%
FY2018 1.1× (34.86%)
FY2017 1.6× 16.86%
FY2016 1.4× 4.55%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.1× (7.85%)
Jun 2026 1.2× 4.84%
Mar 2026 1.1× (14.84%)
Dec 2025 1.3× 5.15%
43 more quarters

Against its own ten years

Low 0.4× High 3.3×
Ten-year median 1.2×
Current reading's percentile 69

P/B ratio against peers

Company P/B ratio
AGO Assured Guaranty Ltd. compare 0.6×
RDN Radian Group Inc. compare 1.0×
ESNT Essent Group Ltd. compare 1.1×
MTG MGIC Investment Corporation 1.2×
NMIH NMI Holdings Inc compare 1.2×
ACT Enact Holdings, Inc. compare 1.3×
FAF First American Financial Corporation compare 1.3×
FNF Fidelity National Financial, Inc. compare 1.3×
AXS Axis Capital Holdings Limited compare 1.4×
Insurance Specialty industry median 1.2×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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