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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 4.3 8.5 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 2.6 5.2 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?

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.