MTG Stock Annual Income Statement. Download in Excel
MGIC Investment Corporation
MTG 
NYE
Sector: Financial Services
Industry: Insurance - Specialty
26.05
USD
-0.26
(-0.99%)
Previous close: 26.31 Open: 26.26 Bid: 25.01 Ask: 26.59
52 week range
20.35 26.92
Mkt Cap: 6,285 M Avg Vol (90 Days): 2,301,193
Last updated: Tuesday 10th June 2025
Financials
MTG Income Statement
Annual
| Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Basic EPS from continuing operations | 6.05 | 1.86 | 1.93 | 1.83 | 1.91 | 1.31 | 1.9 | 2.83 | 2.51 | 2.92 |
| Basic EPS total | 6.05 | 1.86 | 1.93 | 1.83 | 1.91 | 1.31 | 1.9 | 2.83 | 2.51 | 2.92 |
| Basic weighted shares outstanding | 340 M | 343 M | 362 M | 365 M | 353 M | 340 M | 334 M | 306 M | 284 M | 262 M |
| CededPremiums | 55 M | 134 M | 126 M | 111 M | 129 M | 189 M | 163 M | 156 M | 203 M | 182 M |
| Depreciation | -3 M | -5 M | -5 M | -6 M | 7 M | 6 M | 6 M | 5 M | 5 M | 4 M |
| Diluted EPS total | 1.78 | 1.85 | 1.29 | 1.85 | 2.79 | 2.49 | 2.89 | |||
| Diluted normalized net income/share | 1.78 | 1.85 | 1.29 | 1.85 | 2.79 | 2.49 | 2.89 | |||
| Diluted weighted shares outstanding | 468 M | 432 M | 395 M | 386 M | 374 M | 359 M | 351 M | 311 M | 287 M | 264 M |
| Dividends paid per share | 0.06 | 0.46 | ||||||||
| GrossPremiumsWritten | 1,076 M | 1,109 M | 1,124 M | 1,104 M | 1,131 M | 1,117 M | 1,138 M | 1,117 M | 1,118 M | 1,115 M |
| Income before tax | 488 M | 515 M | 784 M | 844 M | 848 M | 559 M | 802 M | 1,090 M | 902 M | 969 M |
| Income taxes | -684 M | 172 M | 429 M | 174 M | 174 M | 113 M | 167 M | 225 M | 189 M | 206 M |
| IncreaseDecreaseInNetUnearnedPremiumReserves | -124 M | -50 M | -63 M | -17 M | 30 M | 93 M | 45 M | 46 M | 38 M | 37 M |
| Interest expense | 69 M | 57 M | 57 M | 53 M | 53 M | 60 M | 71 M | 48 M | 37 M | 36 M |
| InterestIncome | 104 M | 111 M | 121 M | 141 M | ||||||
| MinorityInterests | 488 M | 515 M | 784 M | 844 M | 848 M | 559 M | 802 M | 1,090 M | 902 M | 969 M |
| Net income from total operations | 1,172 M | 343 M | 356 M | 670 M | 674 M | 446 M | 635 M | 865 M | 713 M | 763 M |
| NetIncomeCommonStockholders | 1,172 M | 343 M | 356 M | 670 M | 674 M | 446 M | 635 M | 865 M | 713 M | 763 M |
| NetIncomeContinuousOperations | 1,172 M | 343 M | 356 M | 670 M | 674 M | 446 M | 635 M | 865 M | 713 M | 763 M |
| NetInvestmentIncome | 132 M | 29 M | 121 M | 140 M | 172 M | 141 M | 120 M | 127 M | 215 M | 245 M |
| NetPremiumsWritten | -1,020 M | -975 M | -998 M | -992 M | -1,001 M | -929 M | -975 M | -961 M | -915 M | -933 M |
| NetRealizedGainLossOnInvestments | 28 M | -82 M | 166000.0 | -1 M | 5 M | -13 M | -37 M | -40 M | 16000.0 | |
| NonRecurringOperationExpense | -2 M | -2 M | -2 M | -2 M | ||||||
| Normalized income | 959 M | |||||||||
| Operating income | 488 M | 515 M | 784 M | 844 M | 848 M | 559 M | 802 M | 1,097 M | 916 M | 979 M |
| Other income net | -13 M | -18 M | -10 M | -9 M | 414000.0 | 6 M | -530000.0 | 130000.0 | ||
| PolicyAcquisitionExpense | 9 M | 10 M | 11 M | 12 M | 12 M | 12 M | 13 M | 12 M | 11 M | 9 M |
| SalariesAndWages | -12 M | -11 M | -15 M | -21 M | ||||||
| Special income/charges | -2 M | -2 M | -2 M | -2 M | ||||||
| Total common shares outstanding | 680 M | 682 M | 742 M | 711 M | 692 M | 339 M | 316 M | 290 M | 270 M | 243 M |
| Total net income | 1,172 M | 343 M | 356 M | 670 M | 674 M | 446 M | 635 M | 865 M | 713 M | 763 M |
| Total ordinary shares | 237 M | 237 M | 237 M | 237 M | 237 M | 237 M | 237 M | 237 M | 237 M | 237 M |
| Total revenues | 1,041 M | 1,062 M | 1,066 M | 1,124 M | 1,214 M | 1,199 M | 1,186 M | 1,173 M | 1,155 M | 1,208 M |
| TotalExpenses | 554 M | 548 M | 282 M | -280 M | -366 M | -640 M | -384 M | -83 M | -253 M | -239 M |
| TotalPremiumsEarned | 896 M | 925 M | 935 M | 975 M | 1,031 M | 1,022 M | 1,020 M | 1,007 M | 953 M | 971 M |
| TotalRevenue | 1,041 M | 1,062 M | 1,066 M | 1,124 M | 1,214 M | 1,199 M | 1,186 M | 1,173 M | 1,155 M | 1,208 M |
| UnderwritingExpenses | 183 M | 176 M | 198 M | 237 M | 226 M | 209 M |
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