15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 0.2% per year over the past 5 years.
Net income has grown faster than revenue (10.6% vs 0.2% per year).
Free cash flow has grown 3.2% per year over the past 5 years.
Financial health
Total debt has grown slower than revenue (-5.0% vs 0.2% per year).
Shareholder returns
Dividends have been paid for 7 consecutive years, consuming 17.9% of earnings and 15.6% of free cash flow.
The dividend has grown 10.1% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$1.2B
$738M
0.0%
0.0%
14.3%
11.1%
$852M
—
$369M
2024
$1.2B
$763M
0.0%
0.0%
14.8%
11.7%
$724M
—
$229M
2023
$1.2B
$713M
0.0%
0.0%
14.1%
10.9%
$711M
$643M
$364M
2022
$1.2B
$865M
0.0%
0.0%
18.6%
13.9%
$647M
$663M
$327M
2021
$1.2B
$635M
0.0%
0.0%
13.1%
8.7%
$692M
$1.1B
$285M
2020
$1.2B
$446M
0.0%
0.0%
9.5%
6.1%
$729M
$1.2B
$288M
2019
$1.2B
$674M
0.0%
0.0%
15.6%
10.8%
$604M
$833M
$162M
2018
$1.1B
$670M
0.0%
0.0%
18.7%
11.8%
$530M
$832M
$152M
2017
$1.1B
$356M
0.0%
0.0%
11.3%
6.3%
$391M
$830M
$100M
2016
$1.1B
$343M
0.0%
0.0%
13.4%
6.0%
$214M
$1.2B
$155M
2015
$1.0B
$1.2B
0.0%
0.0%
52.4%
20.0%
$157M
$1.2B
$181M
2014
$943M
$252M
0.0%
0.0%
24.3%
4.8%
—
$1.3B
$198M
2013
$1.0B
-$50M
0.0%
0.0%
-6.7%
-0.9%
-$972M
—
$333M
2012
$1.4B
-$927M
0.0%
0.0%
-470.7%
-16.6%
—
—
$1.0B
2011
$1.5B
-$486M
0.0%
0.0%
-40.6%
-6.7%
—
—
$996M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$295M
$182M
0.0%
0.0%
3.6%
2.8%
$184M
—
$207M
Mar '26
$297M
$165M
0.0%
0.0%
3.3%
2.6%
$77M
—
$235M
Dec '25
$299M
$169M
0.0%
0.0%
3.3%
2.6%
$230M
—
$369M
Sep '25
$305M
$191M
0.0%
0.0%
3.7%
2.9%
$215M
—
$267M
Jun '25
$304M
$192M
0.0%
0.0%
3.7%
2.9%
$183M
—
$295M
Mar '25
$306M
$185M
0.0%
0.0%
3.6%
2.8%
$224M
—
$207M
Dec '24
$301M
$185M
0.0%
0.0%
3.6%
2.8%
$182M
—
$229M
Sep '24
$307M
$200M
0.0%
0.0%
3.8%
3.0%
$182M
—
$289M
Jun '24
$305M
$204M
0.0%
0.0%
4.0%
3.1%
$169M
—
$282M
Mar '24
$294M
$174M
0.0%
0.0%
3.4%
2.7%
$191M
—
$431M
Dec '23
$284M
$185M
0.0%
0.0%
3.6%
2.8%
$186M
$643M
$364M
Sep '23
$297M
$183M
0.0%
0.0%
3.8%
2.9%
$169M
$643M
$267M
Jun '23
$291M
$191M
0.0%
0.0%
3.9%
3.0%
$144M
$664M
$311M
Mar '23
$284M
$155M
0.0%
0.0%
3.2%
2.4%
$212M
$663M
$358M
Dec '22
$292M
$191M
0.0%
0.0%
4.1%
3.1%
$165M
$663M
$327M
Sep '22
$293M
$250M
0.0%
0.0%
5.5%
4.1%
$122M
$663M
$242M
Jun '22
$293M
$249M
0.0%
0.0%
5.5%
3.8%
$132M
$918M
$410M
Mar '22
$295M
$175M
0.0%
0.0%
3.8%
2.6%
$227M
$935M
$477M
Dec '21
$294M
$174M
0.0%
0.0%
3.6%
2.4%
$182M
$1.1B
$285M
Sep '21
$296M
$158M
0.0%
0.0%
3.2%
2.1%
$162M
$1.2B
$176M
Valuation over time
How the market has priced MTG against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 3.2× (Mar '23) to 8.0× (Nov '26).
The price-to-sales ratio has risen from 2.3× (Mar '23) to 4.9× (Nov '26).
The dividend yield has fallen from 4.0% (Mar '23) to 2.2% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is MTG growing its revenue and profit?
Over the past 5 years, Mgic Investment Corp's revenue has grown 0.2% per year, and net income grown 10.6% per year. These are computed facts, not advice.
How much debt does MTG have?
As of FY2025, Mgic Investment Corp reported — of total debt against $369M of cash.
What is MTG's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 60.8%.
What is MTG's P/E ratio?
Mgic Investment Corp's P/E (TTM) is 8.38 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the MTG stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 8.0× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.