MGIC INVESTMENT CORPMTG
Market cap
$6.7B
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 | Dec 31, 2024 | |
| Direct | - | - | - | - | 1,000 | 1,074 | 1,108 | 1,122 | 1,103 | 1,124 | 1,107 | 1,123 | 1,109 | 1,105 | 1,101 |
| Assumed | - | - | - | - | 2 | 1 | 1 | 2 | 0 | 6 | 11 | 9 | 9 | 13 | 14 |
| Ceded | - | - | - | - | 120 | 55 | 134 | 126 | 111 | 129 | 189 | 163 | 156 | 203 | 182 |
| Net premiums written | - | - | - | - | 882 | 1,020 | 975 | 998 | 992 | 1,001 | 929 | 969 | 961 | 915 | 933 |
| Decrease (increase) in unearned premiums | - | - | - | - | -38 | -124 | -50 | -63 | -17 | 30 | 93 | 45 | 46 | 38 | 37 |
| Net premiums earned | - | - | - | - | - | - | - | - | - | - | - | 1,014 | 1,007 | 953 | 971 |
| Net Investment Income | 247 | 201 | 122 | 81 | 88 | 104 | 111 | 121 | 141 | 167 | 154 | 156 | 167 | 215 | 245 |
| Net gains (losses) on investments and other financial instruments | - | - | - | - | - | - | - | - | - | - | - | - | -7 | -14 | -10 |
| Other Income | 12 | 36 | 28 | 10 | 8 | 12 | 18 | 10 | 9 | 11 | 9 | 8 | 6 | 2 | 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 | 1,208 |
| Losses incurred, net | - | - | - | - | - | - | - | - | - | - | - | - | -255 | -21 | -15 |
| Deferred Policy Acquisition Costs, Amortization Expense | 7 | 7 | 7 | 11 | 8 | 9 | 10 | 11 | 12 | 12 | 12 | 13 | 12 | 11 | 9 |
| Other Underwriting Expense | 218 | 208 | 194 | 182 | 138 | 156 | 151 | 160 | 178 | 183 | 176 | 198 | 237 | 226 | 209 |
| Loss on debt extinguishment | - | - | - | - | - | - | -91 | -0 | - | - | -27 | -37 | -40 | - | - |
| Interest expense | - | 103 | 99 | 80 | 70 | 69 | 57 | 57 | 53 | 53 | 60 | 71 | 48 | 37 | 36 |
| Total losses and expenses | 1,880 | 1,989 | 2,307 | 1,086 | 687 | 553 | 548 | 282 | 280 | 366 | 640 | 384 | 83 | 253 | 239 |
| Income before tax | - | - | - | - | - | - | - | - | - | - | - | 802 | 1,090 | 902 | 969 |
| Provision for income taxes | 4 | 2 | -2 | 4 | 3 | -684 | 172 | 429 | 174 | 174 | 113 | 167 | 225 | 189 | 206 |
| Net income | -364 | -486 | -927 | -50 | 252 | 1,172 | 343 | 356 | 670 | 674 | 446 | 635 | 865 | 713 | 763 |
| 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 | 2.92 |
| 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 | 2.89 |