MTG
MGIC INVESTMENT CORPMGIC INVESTMENT CORP reported revenue of $1.21B in its most recent fiscal year, up 0.5% on the year before. It kept 60.8% of that as net income, and generated $851.77M of free cash flow. Figures below are compared against other companies classified under Surety Insurance.
Grades vs. industry
Growth
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Revenue growth (YoY) Latest fiscal year revenue vs. the year before. | 0.5% | 7.5% | 7 / 8 |
Revenue growth (3y) Annualized revenue growth over three fiscal years. | 1.1% | 6.1% | 6 / 8 |
Revenue growth (5y) Annualized revenue growth over five fiscal years. | 0.2% | 2.6% | 5 / 8 |
EPS growth (YoY) Diluted EPS vs. the prior fiscal year. | 8.7% | 9.9% | 4 / 6 |
EPS growth (3y) Annualized diluted EPS growth over three fiscal years. | 4.0% | 8.6% | 4 / 6 |
EPS growth (5y) Annualized diluted EPS growth over five fiscal years. | 19.5% | 15.7% | 1 / 5 |
Free cash flow growth (YoY) Operating cash flow less capital expenditure, vs. prior year. | 17.7% | — | — |
Free cash flow growth (3y) Annualized free cash flow growth over three fiscal years. | 9.6% | — | — |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Profitability
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Gross margin Gross profit as a share of revenue. Often unreported. | Not reported | — | — |
Operating margin Operating income as a share of revenue. | Not reported | — | — |
Net margin Net income as a share of revenue. | 60.8% | 47.0% | 1 / 8 |
Free cash flow margin Free cash flow as a share of revenue. | 70.2% | — | — |
Return on equity Net income divided by shareholder equity. | 14.3% | 12.2% | 3 / 7 |
Return on assets Net income divided by total assets. | 11.1% | 5.7% | 1 / 8 |
Return on invested capital After-tax operating profit over debt plus equity less cash. | Not reported | — | — |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Dividend coverage
Measures how much of earnings and free cash flow the dividend consumes, against industry peers. A low grade means the dividend is less covered than peers' — not that a cut is expected. Long-established payers often score low here by design.
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Dividend payout ratio Dividends paid as a share of net income. | 17.9% | 17.9% | 3 / 5 |
Dividend / free cash flow Dividends paid as a share of free cash flow. The stricter test. | 15.6% | — | — |
Dividend growth (5y) Annualized growth in dividends per share over five years. | Not reported | — | — |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Dividend record
What the dividend has actually done, not a prediction of what it will do. Changes are checked against total dollars paid so that stock splits are not mistaken for cuts.
Dividend history is limited to what companies have filed in machine-readable form, which generally begins around 2009. A company may have paid or raised its dividend for far longer than shown here.
Insider activity
Trades reported by officers, directors and 10% shareholders on SEC Form 4. None of the last 20 reported transactions were open-market purchases — grants, option exercises and sales make up the majority of insider filings at most companies.
| Date | Insider | Transaction | Shares | Price | Value |
|---|---|---|---|---|---|
| Oct 1, 2026 | Mattke Timothy J. Chief Executive Officer | Open-market sale | 137,114 | $26.23 | $3.60M |
| Oct 1, 2026 | Miosi Salvatore A President & COO | Open-market sale | 30,000 | $26.06 | $781.8K |
| Sep 24, 2026 | Colson Nathaniel H Officer EVP, CFO & CRO | Open-market sale | 20,000 | $29.48 | $589.6K |
| Sep 1, 2026 | Miosi Salvatore A President & COO | Open-market sale | 30,000 | $30.73 | $921.9K |
| Aug 20, 2026 | CULVER CURT S Director | Grant or award | 28 | — | — |
| Aug 20, 2026 | CHAPLIN C EDWARD Director | Grant or award | 145 | — | — |
| Aug 20, 2026 | CHAPLIN C EDWARD Director | Grant or award(derivative) | 276 | — | — |
| Aug 20, 2026 | Thompson Michael Leal Director | Grant or award | 28 | — | — |
| Aug 20, 2026 | Zandi Mark Director | Grant or award | 28 | — | — |
| Aug 20, 2026 | Zandi Mark Director | Grant or award(derivative) | 268 | — | — |
| Aug 20, 2026 | Klein Martin P Director | Grant or award | 36 | — | — |
| Aug 20, 2026 | Sculley Sheryl L. Director | Grant or award | 130 | — | — |
| Aug 20, 2026 | Sculley Sheryl L. Director | Grant or award(derivative) | 109 | — | — |
| Aug 20, 2026 | Hartzell Jay C. Director | Grant or award | 195 | — | — |
| Aug 20, 2026 | Hartzell Jay C. Director | Grant or award(derivative) | 109 | — | — |
| Aug 20, 2026 | Lowman Teresita M. Director | Grant or award | 189 | — | — |
| Aug 20, 2026 | O'Leary-Gill Daniela Director | Grant or award | 28 | — | — |
| Aug 7, 2026 | Maggio Paula C EVP and General Counsel | Open-market sale | 20,000 | $30.30 | $606.0K |
| Aug 5, 2026 | Mattke Timothy J. Chief Executive Officer | Open-market sale | 137,113 | $30.52 | $4.18M |
| Aug 3, 2026 | Miosi Salvatore A President & COO | Open-market sale | 30,000 | $29.70 | $891.0K |
A dash under price or value means none was reported, which is normal for grants and gifts — it does not mean the shares were free. Option exercises and awards are compensation arriving on a schedule, not a judgement about the stock.
Annual financials
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.21B | $1.21B | $1.16B | $1.17B | $1.19B | $1.20B | $1.21B | $1.12B | $1.07B | $1.06B |
| Net income | $738.35M | $762.99M | $712.95M | $865.35M | $634.98M | $446.09M | $673.76M | $670.10M | $355.76M | $342.52M |
| EPS (diluted) | $3.14 | $2.89 | $2.49 | $2.79 | $1.85 | $1.29 | $1.85 | $1.78 | $0.95 | $0.86 |
| Operating cash flow | $852.80M | $725.03M | $712.96M | $650.01M | $696.32M | $732.31M | $609.53M | $544.52M | $406.66M | $224.76M |
| Capital expenditure | $1.02M | $1.17M | $2.00M | $3.25M | $4.12M | $3.31M | $5.64M | $14.24M | $16.07M | $10.55M |
| Free cash flow | $851.77M | $723.86M | $710.96M | $646.76M | $692.20M | $729.00M | $603.90M | $530.28M | $390.59M | $214.21M |
| Total assets | $6.64B | $6.55B | $6.54B | $6.21B | $7.33B | $7.35B | $6.23B | $5.68B | $5.62B | $5.73B |
| Shareholder equity | $5.15B | $5.17B | $5.07B | $4.64B | $4.86B | $4.70B | $4.31B | $3.58B | $3.15B | $2.55B |
| Total debt | — | — | $643.20M | $662.81M | $1.15B | $1.24B | $832.80M | $831.60M | $830.40M | $1.18B |
| Cash | $368.99M | $229.49M | $363.67M | $327.38M | $284.69M | $287.95M | $161.85M | $151.89M | $99.85M | $155.41M |
| Dividends per share | — | — | — | — | — | $0.06 | — | — | $0.00 | $0.00 |
A dash means the figure was not tagged in that year’s filing. It does not mean zero. Figures reflect the most recent filing covering each period, so restated years show their restated values.
Source
Figures come from MGIC INVESTMENT CORP’s filings with the SEC, as submitted in XBRL. The most recent annual figures are from a 10-K filed Feb 25, 2026. View filings on EDGAR.