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. In the quarter to June 2026, revenue fell 2.91%, EPS grew 6.17%, free cash flow was flat and total debt was flat, each against the same quarter a year earlier. Dividend growth for five consecutive years, operating cash flow growth for three.

27.85 0.24 +0.87%
Market cap
$5.7B
P/E
8.7×
Fwd P/E
8.3×
Dividend yield
2.23%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

MGIC Investment Corporation (MTG) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, MGIC Investment Corporation (MTG) trades at a P/E ratio of 8.7×. Over the past ten years it has ranged from 1.7× (June 2016) to 16.6× (January 2018); the current reading is higher than 60% of that period. That is in line with the Insurance Specialty industry median of 9.0× and below the Financial sector median of 12.4×.

P/E ratio, daily

Embed this chart

Annual newest first

Period P/E ratio Change
FY2025 9.3× 13.82%
FY2024 8.2× 5.74%
FY2023 7.7× 66.32%
FY2022 4.6× (40.04%)
FY2021 7.8× (19.69%)
FY2020 9.7× 30.81%
FY2019 7.4× 30.53%
FY2018 5.7× (62.33%)
FY2017 15.0× 42.61%
FY2016 10.5× 301.97%

Quarterly newest first

Period P/E ratio Change
Jun 2026 8.8× 5.75%
Mar 2026 8.3× (10.45%)
Dec 2025 9.3× 2.01%
Sep 2025 9.1× (0.06%)
42 more quarters

Against its own ten years

Low 1.7× High 16.6×
Ten-year median 8.2×
Current reading's percentile 63

P/E ratio against peers

Company P/E ratio
AXS Axis Capital Holdings Limited compare 7.0×
NMIH NMI Holdings Inc compare 7.9×
RDN Radian Group Inc. compare 8.7×
MTG MGIC Investment Corporation 8.7×
ESNT Essent Group Ltd. compare 8.9×
FAF First American Financial Corporation compare 9.0×
AGO Assured Guaranty Ltd. compare 9.5×
ACT Enact Holdings, Inc. compare 9.7×
RYAN Ryan Specialty Holdings Inc. compare 52.9×
Insurance Specialty industry median 9.0×
Financial sector median 12.4×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on MTG