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Mgic Investment Corp (MTG)

Mgic Investment Corp (MTG)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
MGIC Investment Corp. is the parent company of Mortgage Guaranty Insurance Corporation, a private mortgage insurer. It established the private mortgage insurance industry to provide a private market alternative to federal government insurance programs for families wanting to buy a home. With a focus on sustainable home ownership, MGIC Investment provides a critical component of the country's residential mortgage finance system by protecting mortgage investors from credit losses. MGIC Investment Corporation primarily covers single-family, first-time mortgage loans by providing primary insurance to cushion lenders against non-payment of individual loans and expands home ownership opportunities by enabling people to purchase homes with smaller down payments. Through its wholly-owned subsidiaries, the company provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The company offers mortgage insurance via Primary Insurance and Other Insurance.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 1,213,640 1,207,730 1,155,100 1,172,790 1,185,680
Sales Growth +0.49% +4.56% -1.51% -1.09% -1.12%
Net Income 738,350 762,990 712,950 865,350 634,980
Net Income Growth -3.23% +7.02% -17.61% +36.28% +42.34%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 6,639,490 6,547,240 6,538,380 6,213,790 7,325,010
Total Assets Growth +1.41% +0.14% +5.22% -15.17% -0.40%
Total Liabilities 1,491,940 1,374,860 1,466,360 1,571,050 2,463,630
Total Liabilities Growth +8.52% -6.24% -6.66% -36.23% -7.23%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 852,800 725,030 712,960 650,010 696,320
Operating Cash Flow Growth +17.62% +1.69% +9.68% -6.65% -4.91%
Net Cash Flow 140,890 -136,020 37,730 27,960 8,280
Change in Net Cash Flow +203.58% -460.51% +34.94% +237.68% -93.51%
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