MGIC Investment Corporation (MTG) Earnings History
Elite Compounder35 years of earnings data (1991–2025) · 5-year EPS CAGR exceeds 18% — top-tier earnings quality
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MGIC Investment Corporation (MTG) Earnings Overview
As of June 21, 2026, MGIC Investment Corporation (MTG) reported trailing twelve-month net income of $718M, reflecting +8.7% year-over-year growth. The company earned $3.29 per diluted share over the past four quarters, with a net profit margin of 60.8%.
Looking at the long-term picture, MTG's 5-year EPS compound annual growth rate (CAGR) stands at +19.5%, indicating exceptional earnings growth. The company achieved its highest annual net income of $1.17B in fiscal 2015.
MGIC Investment Corporation maintains industry-leading profitability with a gross margin of 94.9%, operating margin of 76.5%, and net margin of 60.8%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including RDN ($562M net income, 46.7% margin), ESNT ($686M net income, 54.7% margin), NMIH ($389M net income, 55.1% margin), MTG has outperformed on profitability metrics. Compare MTG vs RDN →
MTG Earnings vs Peers
Earnings metrics vs comparable public companies
MTG Historical Earnings Data (1991–2025)
35 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $738M | -3.2% | $929M | $3.14 | 60.8% | 76.5% |
| 2024 | $763M | +7.0% | $969M | $2.89 | 63.2% | 80.2% |
| 2023 | $713M | -17.6% | $902M | $2.49 | 61.7% | 78.1% |
| 2022 | $865M | +36.3% | $1.09B | $2.79 | 73.8% | 92.9% |
| 2021 | $635M | +42.3% | $802M | $1.85 | 53.6% | 67.6% |
| 2020 | $446M | -33.8% | $559M | $1.29 | 37.2% | 46.6% |
| 2019 | $674M | +0.5% | $848M | $1.85 | 55.5% | 69.9% |
| 2018 | $670M | +88.4% | $844M | $1.74 | 59.6% | 75.1% |
| 2017 | $356M | +3.9% | $784M | $0.95 | 33.4% | 73.6% |
| 2016 | $343M | -70.8% | $515M | $0.86 | 32.2% | 48.4% |
| 2015 | $1.17B | +365.2% | $488M | $2.60 | 112.6% | 46.8% |
| 2014 | $252M | +605.4% | $255M | $0.64 | 26.7% | 27.0% |
| 2013 | -$50M | +94.6% | -$46M | $-0.15 | -4.8% | -4.4% |
| 2012 | -$927M | -90.8% | -$929M | $-4.59 | -67.3% | -67.4% |
| 2011 | -$486M | -33.6% | -$484M | $-2.42 | -32.3% | -32.2% |
| 2010 | -$364M | +72.5% | -$359M | $-1.81 | -23.9% | -23.6% |
| 2009 | -$1.32B | -151.7% | -$1.77B | $-10.65 | -77.4% | -103.3% |
| 2008 | -$525M | +68.5% | -$948M | $-4.55 | -30.5% | -55.0% |
| 2007 | -$1.67B | -395.7% | -$2.23B | $-20.54 | -98.6% | -132.0% |
| 2006 | $565M | -9.9% | $525M | $6.65 | 38.4% | 35.8% |
| 2005 | $627M | +13.3% | $656M | $6.78 | 41.1% | 43.0% |
| 2004 | $553M | +12.0% | $592M | $5.63 | 34.3% | 36.7% |
| 2003 | $494M | -21.5% | $576M | $4.99 | 29.3% | 34.2% |
| 2002 | $629M | -1.6% | $816M | $6.04 | 42.4% | 55.0% |
| 2001 | $639M | +17.9% | $889M | $5.93 | 48.6% | 67.6% |
| 2000 | $542M | +15.3% | $767M | $5.05 | 49.8% | 70.5% |
| 1999 | $470M | +22.0% | $681M | $4.30 | 47.2% | 68.3% |
| 1998 | $385M | +19.0% | $555M | $3.39 | 39.7% | 57.1% |
| 1997 | $324M | +25.5% | $862M | $2.75 | 37.3% | 99.3% |
| 1996 | $258M | +24.3% | $742M | $2.17 | 34.6% | 99.5% |
| 1995 | $208M | +30.2% | $614M | $1.75 | 33.6% | 99.4% |
| 1994 | $160M | +25.3% | $498M | $1.35 | 31.8% | 99.2% |
| 1993 | $127M | +24.4% | $400M | $1.08 | 31.5% | 99.0% |
| 1992 | $102M | +36.4% | $169M | $0.87 | 31.8% | 52.4% |
| 1991 | $75M | - | $116M | $0.67 | 29.1% | 44.8% |
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MTG — Frequently Asked Questions
Quick answers to the most common questions about buying MTG stock.
What is MTG earnings per share (EPS)?
MTG trailing twelve-month (TTM) diluted EPS is $3.29, reflecting +8.7% year-over-year growth. The 5-year EPS CAGR is +19.5%. Complete EPS history from 1991 to 2025 is available in the table on this page.
What is MGIC Investment Corporation's net income?
MGIC Investment Corporation (MTG) trailing twelve-month net income is $718M as of 2025. Earnings grew +8.7% year-over-year. MGIC Investment Corporation has been profitable for 12 consecutive years.
Is MTG profitable?
Yes, MTG is profitable with a TTM net income of $718M and a net profit margin of +60.8%. MGIC Investment Corporation has generated profits for 12 consecutive years.
What is MTG's earnings growth rate?
MTG compound annual EPS growth rates (CAGR): 1-Year: +8.7%, 3-Year: +4.0%, 5-Year: +19.5%, 10-Year: +1.9%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1991 to 2025.
What are MTG's profit margins?
MGIC Investment Corporation net profit margin is +60.8%, operating margin is +76.5%, and gross margin is +94.9%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +14.3%.
Is MTG growing earnings?
MTG is growing earnings steadily. YoY EPS growth of +8.7% is consistent with the 5-year CAGR of +19.5%. TTM net income is $718M.
What was MTG's best earnings year?
MGIC Investment Corporation's highest annual net income on record is $1.2B, achieved in fiscal year 2015. Earnings history on this page spans 1991 to 2025 and includes all annual and quarterly figures.
What were MTG's earnings last quarter?
MTG's most recent reported quarter was Q1 2026. Net income was $165M with diluted EPS of $0.76. For a full breakdown of all quarters, see the quarterly earnings table on this page.