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MTG Financials Mgic Investment Corp

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
-$927M $289M $2B $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-67% 23% 113% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-471% -209% 52% 0% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
-$972M -$60M $852M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $648M $1B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$2B -$65M $2B $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
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

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.

Price / earnings (P/E)
0.0 4.4 8.7 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 2.7 5.3 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S
Dividend yield (%)
0.0 2.0 4.0 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
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?

As of Sep '26, Mgic Investment Corp traded at a price-to-earnings ratio of about 8.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.