Mgic Investment Corp
MTG- Exchange
- NYSE
- Industry
- Surety Insurance
- SEC CIK
- 0000876437
In the last 90 days, Mgic Investment Corp insiders filed 0 open-market purchases and 6 sales; 511 institutions reported holding it in 13F filings for Q2 2026, worth $5.77B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:08 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 2, 2026 | Feb 3, 2025 | Jan 31, 2024 | Feb 1, 2023 | Feb 2, 2022 |
| Revenue | $1.21B | $1.21B | $1.16B | $1.17B | $1.19B |
| Interest expense | $35.6M | $35.6M | $36.9M | $48.1M | $71.4M |
| Income tax | $190.2M | $205.7M | $189.3M | $224.7M | $166.8M |
| Net income | $738.3M | $763.0M | $712.9M | $865.3M | $635.0M |
| EPS, basic | $3.17 | $2.92 | $2.51 | $2.83 | $1.90 |
| EPS, diluted | $3.14 | $2.89 | $2.49 | $2.79 | $1.85 |
| Weighted shares, basic | 233.0M | 261.7M | 283.6M | 305.8M | 334.3M |
| Weighted shares, diluted | 235.1M | 264.0M | 287.2M | 311.2M | 351.3M |
| Margins and growth | |||||
| Net margin | 60.8% | 63.2% | 61.7% | 73.8% | 53.6% |
| Revenue growth, year over year | +0.5% | +4.6% | −1.5% | −1.1% | −1.1% |
| Net income growth, year over year | −3.2% | +7.0% | −17.6% | +36.3% | +42.3% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 2, 2026 | Feb 3, 2025 | Jan 31, 2024 | Feb 1, 2023 | Feb 2, 2022 |
| Cash and equivalents | $369.0M | $229.5M | $363.7M | $327.4M | $284.7M |
| Property, plant and equipment | $32.5M | $35.7M | $38.8M | $41.4M | $45.6M |
| Total assets | $6.64B | $6.55B | $6.54B | $6.21B | $7.33B |
| Long-term debt | – | – | $643.2M | $662.8M | $1.15B |
| Total liabilities | $1.49B | $1.37B | $1.47B | $1.57B | $2.46B |
| Shareholders' equity | $5.15B | $5.17B | $5.07B | $4.64B | $4.86B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 2, 2026 | Feb 3, 2025 | Jan 31, 2024 | Feb 1, 2023 | Feb 2, 2022 |
| Operating cash flow | $852.8M | $725.0M | $713.0M | $650.0M | $696.3M |
| Capital expenditures | $1.02M | $1.17M | $2.00M | $3.25M | $4.12M |
| Free cash flow | $851.8M | $723.9M | $711.0M | $646.8M | $692.2M |
| Depreciation and amortization | $6.95M | $18.4M | $35.2M | $54.3M | $66.0M |
| Stock-based compensation | $24.4M | $31.3M | $31.6M | $24.8M | $17.1M |
| Dividends paid | $132.5M | $130.5M | $123.0M | $110.9M | $94.2M |
| Share buybacks | $788.6M | $569.5M | $337.2M | $385.6M | $290.8M |
| Investing cash flow | $228.4M | -$142.0M | -$179.2M | $410.5M | -$160.7M |
| Financing cash flow | -$940.3M | -$719.0M | -$496.0M | -$1.03B | -$527.3M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 2.0% | 2.6% | 2.7% | 2.1% | 1.4% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 30, 2026 | 198.9M | −11.1% | SEC |
| Jul 24, 2026 | 205.1M | −11.0% | SEC |
| Apr 24, 2026 | 211.5M | −10.9% | SEC |
| Feb 20, 2026 | 215.0M | −11.4% | SEC |
| Oct 24, 2025 | 223.7M | −11.7% | SEC |
| Jul 25, 2025 | 230.5M | −11.1% | SEC |
| Apr 25, 2025 | 237.4M | −10.9% | SEC |
| Feb 21, 2025 | 242.7M | −10.0% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.