MGIC Investment Corp
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.21B | $1.21B | $1.16B | $1.17B | $1.19B | $1.20B | $1.21B | $1.12B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $964.1M | $1.00B | $939.1M | $1.14B | $873.1M | $618.9M | $900.6M | $897.1M |
| Operating Margin | 79.4% | 83.2% | 81.3% | 97.0% | 73.6% | 51.6% | 74.2% | 79.8% |
| Interest Expense | $35.6M | $35.6M | $36.9M | $48.1M | $71.4M | $59.6M | $52.7M | $53.0M |
| Pretax Income | $928.5M | $968.7M | $902.2M | $1.09B | $801.8M | $559.3M | $848.0M | $844.2M |
| Income Tax Expense | $190.2M | $205.7M | $189.3M | $224.7M | $166.8M | $113.2M | $174.2M | $174.1M |
| Net Income | $738.3M | $763.0M | $712.9M | $865.3M | $635.0M | $446.1M | $673.8M | $670.1M |
| Net Margin | 60.8% | 63.2% | 61.7% | 73.8% | 53.6% | 37.2% | 55.5% | 59.6% |
| EPS (Basic) | $3.17 | $2.92 | $2.51 | $2.83 | $1.90 | $1.31 | $1.91 | $1.83 |
| EPS (Diluted) | $3.14 | $2.89 | $2.49 | $2.79 | $1.85 | $1.29 | $1.85 | $1.78 |
| Shares Outstanding (Basic) | 233.0M | 261.7M | 283.6M | 305.8M | 334.3M | 340.0M | 352.8M | 365.4M |
| Shares Outstanding (Diluted) | 235.1M | 264.0M | 287.2M | 311.2M | 351.3M | 359.3M | 373.9M | 386.1M |
| Dividends Per Share | — | — | — | — | — | $0.06 | — | — |