Mgic Investment Corp financial data

Symbol
MTG on NYSE
Industry
Surety Insurance
Location
250 East Kilbourn Avenue, Milwaukee, WI
State of incorporation
WI
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Feb 26, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 27.1 % -12.2%
Return On Equity 14.8 % +1.17%
Return On Assets 11.6 % +4.13%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 243M shares -8.96%
Common Stock, Shares, Outstanding 248M shares -8.82%
Entity Public Float 5.6B USD +27.3%
Common Stock, Value, Issued 248M USD -33.1%
Weighted Average Number of Shares Outstanding, Basic 262M shares -7.73%
Weighted Average Number of Shares Outstanding, Diluted 264M shares -8.07%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.21B USD +4.56%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 969M USD +7.37%
Income Tax Expense (Benefit) 206M USD +8.68%
Net Income (Loss) Attributable to Parent 763M USD +7.02%
Earnings Per Share, Basic 2.92 USD/shares +16.3%
Earnings Per Share, Diluted 2.89 USD/shares +16.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 229M USD -36.9%
Deferred Income Tax Assets, Net 69.9M USD -12.4%
Property, Plant and Equipment, Net 35.7M USD -7.94%
Assets 6.55B USD +0.14%
Liabilities 1.37B USD -6.24%
Accumulated Other Comprehensive Income (Loss), Net of Tax -288M USD +8.89%
Retained Earnings (Accumulated Deficit) 3.4B USD -25.9%
Stockholders' Equity Attributable to Parent 5.17B USD +1.98%
Liabilities and Equity 6.55B USD +0.14%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 191M USD -10.2%
Net Cash Provided by (Used in) Financing Activities -148M USD -30.1%
Net Cash Provided by (Used in) Investing Activities 26M USD
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 248M shares -33.1%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 235M USD -36.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 105M USD -3.62%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 791M USD -9.91%
Lessee, Operating Lease, Liability, to be Paid 1.81M USD -28.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 536K USD -47.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.08M USD -5.7%
Deferred Income Tax Expense (Benefit) 6.13M USD +254%
Lessee, Operating Lease, Liability, to be Paid, Year Three 188K USD -47.8%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 13K USD -31.6%