MGIC Investment Corporation (MTG) Earnings History
Annual and quarterly earnings data from 1991 to 2025
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MTG EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
MTG Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 94.9% | 76.5% | 60.8% |
| 2024 | 100.5% | 80.2% | 63.2% |
| 2023 | 100.9% | 78.1% | 61.7% |
| 2022 | 120.7% | 92.9% | 73.8% |
| 2021 | 93.5% | 67.6% | 53.6% |
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MGIC Investment Corporation (MTG) Earnings Overview
As of May 6, 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 ($583M net income, 46.7% margin), ESNT ($703M net income, 57.6% 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% |
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Start ComparisonMTG — Frequently Asked Questions
Quick answers to the most common questions about buying MTG stock.
Is MTG growing earnings?
MTG EPS stands at $3.29, with +8.7% growth matching the 5-year CAGR of +19.5%. TTM net income is $718M. Earnings trajectory remains consistent.
What are MTG's profit margins?
MGIC Investment Corporation net margin is +60.8%, with operating margin at +76.5%. Above-average margins indicate pricing power.
How consistent are MTG's earnings?
MTG earnings data spans 1991-2025. The current earnings trend is +8.7% YoY. Historical data enables comparison across business cycles.