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
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
FCF
Total debt
Cash
2025
$1.2B
$738M
0.0%
0.0%
$852M
—
$369M
2024
$1.2B
$763M
0.0%
0.0%
$724M
—
$229M
2023
$1.2B
$713M
0.0%
0.0%
$711M
$643M
$364M
2022
$1.2B
$865M
0.0%
0.0%
$647M
$663M
$327M
2021
$1.2B
$635M
0.0%
0.0%
$692M
$1.1B
$285M
2020
$1.2B
$446M
0.0%
0.0%
$729M
$1.2B
$288M
2019
$1.2B
$674M
0.0%
0.0%
$604M
$833M
$162M
2018
$1.1B
$670M
0.0%
0.0%
$530M
$832M
$152M
2017
$1.1B
$356M
0.0%
0.0%
$391M
$830M
$100M
2016
$1.1B
$343M
0.0%
0.0%
$214M
$1.2B
$155M
2015
$1.0B
$1.2B
0.0%
0.0%
$157M
$1.2B
$181M
2014
$943M
$252M
0.0%
0.0%
—
$1.3B
$198M
2013
$1.0B
-$50M
0.0%
0.0%
-$972M
—
$333M
2012
$1.4B
-$927M
0.0%
0.0%
—
—
$1.0B
2011
$1.5B
-$486M
0.0%
0.0%
—
—
$996M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$297M
$165M
0.0%
0.0%
$77M
—
$235M
Dec '25
$299M
$169M
0.0%
0.0%
$230M
—
$369M
Sep '25
$305M
$191M
0.0%
0.0%
$215M
—
$267M
Jun '25
$304M
$192M
0.0%
0.0%
$183M
—
$295M
Mar '25
$306M
$185M
0.0%
0.0%
$224M
—
$207M
Dec '24
$301M
$185M
0.0%
0.0%
$182M
—
$229M
Sep '24
$307M
$200M
0.0%
0.0%
$182M
—
$289M
Jun '24
$305M
$204M
0.0%
0.0%
$169M
—
$282M
Mar '24
$294M
$174M
0.0%
0.0%
$191M
—
$431M
Dec '23
$284M
$185M
0.0%
0.0%
$186M
$643M
$364M
Sep '23
$297M
$183M
0.0%
0.0%
$169M
$643M
$267M
Jun '23
$291M
$191M
0.0%
0.0%
$144M
$664M
$311M
Mar '23
$284M
$155M
0.0%
0.0%
$212M
$663M
$358M
Dec '22
$292M
$191M
0.0%
0.0%
$165M
$663M
$327M
Sep '22
$293M
$250M
0.0%
0.0%
$122M
$663M
$242M
Jun '22
$293M
$249M
0.0%
0.0%
$132M
$918M
$410M
Mar '22
$295M
$175M
0.0%
0.0%
$227M
$935M
$477M
Dec '21
$294M
$174M
0.0%
0.0%
$182M
$1.1B
$285M
Sep '21
$296M
$158M
0.0%
0.0%
$162M
$1.2B
$176M
Jun '21
$298M
$153M
0.0%
0.0%
$150M
$1.2B
$179M
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 3.3× (Mar '23) to 7.8× (Jun '26).
The price-to-sales ratio has risen from 2.4× (Mar '23) to 4.8× (Jun '26).
The dividend yield has fallen from 3.9% (Mar '23) to 2.3% (Jun '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?
As of Jun '26, Mgic Investment Corp traded at a price-to-earnings ratio of about 7.8× (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.