FY2025 · ended Dec 31, 2025 · Revenue $1.21B, +0.5% YoY · Filed Feb 25, 2026
MGIC Investment Corp (MTG) files with the SEC under industry code 6351, Surety Insurance. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.2 billion and net income of $738.3 million. Free cash flow was $851.8 million.
Revenue (TTM)
$1.19B
-2.2% vs year-ago TTM
Net income (TTM)
$691.73M
-8.2% vs year-ago TTM
Operating cash flow (TTM)
$709.06M
-11.9% vs year-ago TTM
Free cash flow (TTM)
$707.70M
-11.9% vs year-ago TTM
EPS (TTM)
$3.22
+3.7% vs year-ago TTM
Dividend per share
$0.06
Shares outstanding
214.95M
-11.4% vs prior year
Net cash
$-279.53M
FY 2023
Operating margin
—
Company profile
- Industry
- Surety Insurance (SIC 6351)
- Listed as
- MTG (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- WI
- Headquarters
- Milwaukee, WI
- SEC filer status
- Large accelerated filer
- SEC CIK
- 876437
Other Surety Insurance companies
- Old Republic International Corp ORI
- Essent Group Ltd. ESNT
- Radian Group Inc RDN
- NMI Holdings, Inc. NMIH
- Assured Guaranty Ltd AGO
- Mbia Inc MBI
- Octave Specialty Group Inc OSG
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.2B | $1.2B | $1.2B |
| Net income | $738.3M | $763.0M | $712.9M | $865.3M | $635.0M |
| Diluted EPS | $3.14 | $2.89 | $2.49 | $2.79 | $1.85 |
| Operating cash flow | $852.8M | $725.0M | $713.0M | $650.0M | $696.3M |
| Free cash flow | $851.8M | $723.9M | $711.0M | $646.8M | $692.2M |
| Total assets | $6.6B | $6.5B | $6.5B | $6.2B | $7.3B |
| Total liabilities | $1.5B | $1.4B | $1.5B | $1.6B | $2.5B |
| Stockholders' equity | $5.1B | $5.2B | $5.1B | $4.6B | $4.9B |
| Cash and investments | $6.2B | $6.1B | $363.7M | $5.7B | $6.9B |
| Total debt | — | — | $643.2M | $662.8M | $1.1B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 4, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Nov 4, 2026 | Nov 4, 2026 |
| 10-Q | Quarterly report | Jul 29, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 29, 2026 | Jul 29, 2026 |
| 10-Q | Quarterly report | Apr 29, 2026 | Mar 31, 2026 |
| 8-K |
Current report
Results of operations
|
Apr 29, 2026 | Apr 29, 2026 |
All 1000 MGIC Investment Corp SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.