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) Return on invested capital

Alert me on Return on invested capital

MGIC Investment Corporation's return on invested capital over the twelve months to 30 September 2026 was 10.8%, down 0.4 percentage points from fiscal 2025 (11.1%). Over the past ten years it has ranged from 7.15% (fiscal 2020) to 14.8% (fiscal 2022); the current reading is higher than 45% of that period. That is above the Insurance Specialty industry median of 9.88% and above the Financial sector median of 4.70%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 11.1% (0.12)
FY2024 11.2% 0.26
FY2023 11.0% (3.83)
FY2022 14.8% 4.84
FY2021 9.97% 2.82
FY2020 7.15% (4.17)
FY2019 11.3% (1.85)
FY2018 13.2% (0.37)
FY2017 13.5% 1.96
FY2016 11.6% 0.92

Against its own ten years

Low 7.15% High 14.8%
Ten-year median 11.2%
Current reading's percentile 45

Return on invested capital against peers

Company Return on invested capital
FAF First American Financial Corporation compare 14.7%
AXS Axis Capital Holdings Limited compare 12.6%
FNF Fidelity National Financial, Inc. compare 11.3%
MTG MGIC Investment Corporation 10.8%
NMIH NMI Holdings Inc compare 10.4%
ACT Enact Holdings, Inc. compare 9.88%
ESNT Essent Group Ltd. compare 8.77%
RDN Radian Group Inc. compare 7.69%
AGO Assured Guaranty Ltd. compare 3.91%
Insurance Specialty industry median 9.88%
Financial sector median 4.70%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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