MGIC Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . MGIC Investment Corp
MTG Stock  USD 25.50  0.53  2.12%   
MGIC Investment financial statements provide useful quarterly and yearly information to potential MGIC Investment Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on MGIC Investment financial statements helps investors assess MGIC Investment's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting MGIC Investment's valuation are summarized below:
Gross Profit
1.2 B
Profit Margin
0.6409
Market Capitalization
6.5 B
Enterprise Value Revenue
5.727
Revenue
1.2 B
There are over one hundred nineteen available fundamental ratios for MGIC Investment, which can be analyzed over time and compared to other ratios. Active traders should verify all of MGIC Investment last-minute fundamental drivers against the trend between 2010 and 2024 to make sure the company can sustain itself for few more years. The current Market Cap is estimated to decrease to about 2.8 B. Enterprise Value is estimated to decrease to about 2.8 B

MGIC Investment Total Revenue

1.26 Billion

Check MGIC Investment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGIC Investment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 42.6 M, Interest Expense of 49.5 M or Selling General Administrative of 0.0, as well as many indicators such as Price To Sales Ratio of 4.07, Dividend Yield of 0.0236 or PTB Ratio of 2.1. MGIC financial statements analysis is a perfect complement when working with MGIC Investment Valuation or Volatility modules.
  
Check out the analysis of MGIC Investment Correlation against competitors.

MGIC Investment Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets5.7 B6.5 B5.8 B
Slightly volatile
Short and Long Term Debt Total835 M643.2 M1.1 B
Very volatile
Total Stockholder Equity2.7 B5.1 B2.8 B
Slightly volatile
Property Plant And Equipment Net39 M38.8 M37.5 M
Slightly volatile
Other Assets6.5 B6.2 B1.8 B
Slightly volatile
Common Stock Shares Outstanding225.9 M287.2 M323.7 M
Pretty Stable
Liabilities And Stockholders Equity5.7 B6.5 B5.8 B
Slightly volatile
Non Current Liabilities Total756.8 M1.5 B956.3 M
Pretty Stable
Other Stockholder Equity354.2 M423.8 M1.2 B
Pretty Stable
Total Liabilities1.3 B1.4 B2.7 B
Slightly volatile
Property Plant And Equipment Gross38.3 M54.2 M39 M
Slightly volatile
Total Current Liabilities448.5 M472.1 M1.8 B
Slightly volatile
Cash345.7 M370.6 M330.6 M
Pretty Stable
Non Current Assets Total32.9 M34.6 M2 B
Slightly volatile
Cash And Short Term Investments395.9 M208.6 M332.5 M
Slightly volatile
Net Receivables2.7 M2.9 M47.1 M
Slightly volatile
Common Stock Total Equity239.7 M427.1 M316.3 M
Slightly volatile
Short Term Investments3.1 B5.7 B4.8 B
Slightly volatile
Total Current Assets200.9 M211.5 M3 B
Slightly volatile
Common Stock245.7 M427.1 M316.7 M
Slightly volatile
Other Liabilities973.5 M817 M876.5 M
Pretty Stable
Long Term Debt755.3 M643.2 M674.6 M
Pretty Stable
Property Plant Equipment39.4 M47.6 M38.4 M
Slightly volatile
Net Tangible Assets3 B5.3 B2.9 B
Slightly volatile
Long Term Debt Total765.2 M738 M703.1 M
Pretty Stable
Capital Surpluse1.8 B2.1 B1.7 B
Slightly volatile
Long Term Investments6 B5.7 B2.8 B
Slightly volatile
Non Current Liabilities Other794.6 M836.4 M2.7 B
Slightly volatile
Short and Long Term Debt902.8 M955 M636 M
Slightly volatile
Cash And Equivalents230.8 M376.5 M200.6 M
Slightly volatile
Net Invested Capital3.1 B5.7 B3.9 B
Pretty Stable
Capital Stock297.1 M334.2 M363.9 M
Slightly volatile

MGIC Investment Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization42.6 M35.2 M56.3 M
Pretty Stable
Interest Expense49.5 M36.9 M60.6 M
Slightly volatile
Total Revenue1.3 B1.2 B1.1 B
Slightly volatile
Gross Profit1.2 B1.2 B1 B
Pretty Stable
Other Operating Expenses240.2 M252.9 M655.9 M
Slightly volatile
Cost Of Revenue214.7 M226 M523.3 M
Slightly volatile
Interest Income46.7 M43.2 M60.1 M
Slightly volatile
Reconciled Depreciation44.6 M40.4 M59 M
Slightly volatile

MGIC Investment Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow348.9 M332.9 M397.6 M
Slightly volatile
Depreciation42.6 M35.2 M56.3 M
Pretty Stable
End Period Cash Flow359.2 M370.6 M339.5 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.074.73623.3276
Slightly volatile
Dividend Yield0.02360.02250.0127
Slightly volatile
PTB Ratio2.11.07861.6749
Slightly volatile
Days Sales Outstanding0.860.903727.5956
Slightly volatile
Book Value Per Share18.3217.884110.1321
Slightly volatile
Stock Based Compensation To Revenue0.02870.02740.0139
Slightly volatile
Capex To Depreciation0.05390.05670.087
Pretty Stable
PB Ratio2.11.07861.6749
Slightly volatile
EV To Sales4.474.97213.8767
Slightly volatile
Sales General And Administrative To Revenue0.130.110.1
Very volatile
Capex To Revenue0.00160.00170.0045
Very volatile
Cash Per Share22.5621.486815.9344
Slightly volatile
Payout Ratio0.180.17250.0933
Slightly volatile
Net Debt To EBITDA0.270.27971.3225
Slightly volatile
Current Ratio0.71.291.4935
Very volatile
Receivables Turnover424404158
Slightly volatile
Graham Number38.4831.805118.9599
Slightly volatile
Shareholders Equity Per Share17.9417.88419.3617
Slightly volatile
Debt To Equity0.120.12680.7055
Slightly volatile
Capex Per Share0.00670.0070.0142
Pretty Stable
Revenue Per Share3.874.07293.7904
Pretty Stable
Interest Debt Per Share2.912.39813.1797
Pretty Stable
Debt To Assets0.0960.11210.1513
Pretty Stable
Price Book Value Ratio2.11.07861.6749
Slightly volatile
Dividend Payout Ratio0.180.17250.0933
Slightly volatile
Company Equity Multiplier1.071.13144.3371
Slightly volatile
Long Term Debt To Capitalization0.180.11250.3022
Slightly volatile
Total Debt To Capitalization0.180.11250.3022
Slightly volatile
Debt Equity Ratio0.120.12680.7055
Slightly volatile
Quick Ratio7.026.681.8583
Slightly volatile
Net Income Per E B T0.730.79020.8992
Pretty Stable
Cash Ratio1.841.750.4992
Slightly volatile
Days Of Sales Outstanding0.860.903727.5956
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.790.99720.9755
Slightly volatile
Price To Book Ratio2.11.07861.6749
Slightly volatile
Fixed Asset Turnover26.6529.805230.3889
Slightly volatile
Debt Ratio0.0960.11210.1513
Pretty Stable
Price Sales Ratio4.074.73623.3276
Slightly volatile
Asset Turnover0.260.20130.2019
Pretty Stable
Gross Profit Margin0.920.80430.8474
Very volatile
Price Fair Value2.11.07861.6749
Slightly volatile

MGIC Investment Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.8 B3.8 B3.3 B
Slightly volatile
Enterprise Value2.8 B4.1 B3.7 B
Slightly volatile

MGIC Fundamental Market Drivers

Forward Price Earnings9.2678
Cash And Short Term Investments208.6 M

MGIC Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About MGIC Investment Financial Statements

MGIC Investment stakeholders use historical fundamental indicators, such as MGIC Investment's revenue or net income, to determine how well the company is positioned to perform in the future. Although MGIC Investment investors may analyze each financial statement separately, they are all interrelated. For example, changes in MGIC Investment's assets and liabilities are reflected in the revenues and expenses on MGIC Investment's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MGIC Investment Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue193.2 M202.8 M
Total Revenue1.2 B1.3 B
Cost Of Revenue226 M214.7 M
Stock Based Compensation To Revenue 0.03  0.03 
Sales General And Administrative To Revenue 0.11  0.13 
Revenue Per Share 4.07  3.87 
Ebit Per Revenue 0.97  1.02 

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When determining whether MGIC Investment Corp is a strong investment it is important to analyze MGIC Investment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGIC Investment's future performance. For an informed investment choice regarding MGIC Stock, refer to the following important reports:
How To Invest In MGIC
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Is MGIC Stock a good investment?
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What is MGIC Investment's Net Worth?
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Check out the analysis of MGIC Investment Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGIC Investment. If investors know MGIC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGIC Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.201
Dividend Share
0.475
Earnings Share
2.83
Revenue Per Share
4.449
Quarterly Revenue Growth
0.034
The market value of MGIC Investment Corp is measured differently than its book value, which is the value of MGIC that is recorded on the company's balance sheet. Investors also form their own opinion of MGIC Investment's value that differs from its market value or its book value, called intrinsic value, which is MGIC Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGIC Investment's market value can be influenced by many factors that don't directly affect MGIC Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between MGIC Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGIC Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGIC Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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