MGIC INVESTMENT CORPMTG

Market cap

$4.2B

P/E ratio

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Direct	-	-	-	-	1,000	1,074	1,108	1,122	1,103	1,124	1,107	1,123	1,109	1,105
Assumed	-	-	-	-	2	1	1	2	0	6	11	9	9	13
Ceded	-	-	-	-	120	55	134	126	111	129	189	163	156	203
Net premiums written	-	-	-	-	882	1,020	975	998	992	1,001	929	969	961	915
Decrease (increase) in unearned premiums	-	-	-	-	-38	-124	-50	-63	-17	30	93	45	46	38
Net premiums earned	-	-	-	-	-	-	-	-	-	-	-	1,014	1,007	953
Net Investment Income	247	201	122	81	88	104	111	121	141	167	154	156	167	215
Net gains (losses) on investments and other financial instruments	-	-	-	-	-	-	-	-	-	-	-	-	-7	-14
Other Income	12	36	28	10	8	12	18	10	9	11	9	8	6	2
Total revenues	1,521	1,504	1,378	1,039	942	1,041	1,062	1,066	1,124	1,214	1,199	1,186	1,173	1,155
Losses incurred, net	-	-	-	-	-	-	-	-	-	-	-	-	-255	-21
Deferred Policy Acquisition Costs, Amortization Expense	7	7	7	11	8	9	10	11	12	12	12	13	12	11
Other Underwriting Expense	218	208	194	182	138	156	151	160	178	183	176	198	237	226
Loss on debt extinguishment	-	-	-	-	-	-	-91	-0	-	-	-27	-37	-40	-
Interest expense	-	103	99	80	70	69	57	57	53	53	60	71	48	37
Total losses and expenses	1,880	1,989	2,307	1,086	687	553	548	282	280	366	640	384	83	253
Income before tax	-359	-484	-929	-46	255	488	515	784	844	848	559	802	1,090	902
Provision for income taxes	4	2	-2	4	3	-684	172	429	174	174	113	167	225	189
Net income	-364	-486	-927	-50	252	1,172	343	356	670	674	446	635	865	713
Earnings Per Share, Basic	-2.06	-2.42	-4.59	-0.16	0.74	3.45	1	0.98	1.83	1.91	1.31	1.9	2.83	2.51
Earnings Per Share, Diluted	-2.06	-2.42	-4.59	-0.16	0.64	2.6	0.86	0.95	1.78	1.85	1.29	1.85	2.79	2.49