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MGIC INVESTMENT CORP (MTG)

For the quarter ending 2025-06-30, MTG made $301,410K in revenue. $192,482K in net income. Net profit margin of 63.86%.

Overview

Revenue
$301,410K
Net Income
$192,482K
Net Profit Margin
63.86%
EPS
$0.81
Unit: Thousand (K) dollars
Revenue Breakdown
    • Total revenues
    • Losses incurred, net

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
Gross realized gains on sales of fixed income securities- 349 -
Gross realized losses on sales of fixed income securities- -29 -
Change in embedded derivative on home re transactions- 301 -
Equity securities, gains (losses), market adjustment- 120 -
Total revenues304,245 306,234 306,649
Losses incurred, net-2,835 9,591 -9,842
Other underwriting and operating expenses, net50,354 51,406 50,967
Interest expense8,899 8,899 8,905
Amortization of deferred insurance policy acquisition costs1,738 1,657 2,323
Total losses and expenses58,156 71,553 52,353
Income before tax246,089 234,681 254,296
Provision for income tax53,607 49,221 54,327
Net income192,482 185,460 199,969
Basic (in dollars per share)0.81 0.76 0.77
Diluted (in dollars per share)0.81 0.75 0.77
Weighted average common shares outstanding - basic (in shares)236,333,000 244,147,000 258,596,000
Weighted average common shares outstanding - diluted (in shares)237,971,000 246,490,000 260,833,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Assumed$3,717K Direct$277,206K Decrease in unearnedpremiums, net$6,938K Net premiumswritten$237,384K Ceded$43,539K Investment income, net ofexpenses$60,995K Other revenue$354K Net premiums earned$244,322K Total revenues$304,245K Net gains (losses)on investments and...-$1,426K Gross realized gainson sales of fixed...$575K Change in embeddedderivative on home re...$430K Equity securities,gains (losses),...$89K Income before tax$246,089K Total losses andexpenses$58,156K Losses incurred, net-$2,835K Gross realized losseson sales of fixed...-$2,520K Net income$192,482K Provision for income tax$53,607K Amortization of deferredinsurance policy...$1,738K Interest expense$8,899K Other underwritingand operating...$50,354K