MGIC Investment Corporation

DB:MGC Stock Report

Market Cap: €6.0b

MGIC Investment Past Earnings Performance

Past criteria checks 4/6

MGIC Investment has been growing earnings at an average annual rate of 7.6%, while the Diversified Financial industry saw earnings declining at 1.2% annually. Revenues have been declining at an average rate of 0.9% per year. MGIC Investment's return on equity is 14.4%, and it has net margins of 64.1%.

Key information

7.6%

Earnings growth rate

13.4%

EPS growth rate

Diversified Financial Industry Growth9.1%
Revenue growth rate-0.9%
Return on equity14.4%
Net Margin64.1%
Next Earnings Update03 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How MGIC Investment makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:MGC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,190763330
30 Jun 241,180746320
31 Mar 241,165732330
31 Dec 231,155713320
30 Sep 231,163720300
30 Jun 231,160787280
31 Mar 231,162845280
31 Dec 221,173865250
30 Sep 221,175848350
30 Jun 221,178756310
31 Mar 221,182660240
31 Dec 211,186635170
30 Sep 211,194612140
30 Jun 211,194585140
31 Mar 211,190446140
31 Dec 201,199446140
30 Sep 201,208472190
30 Jun 201,231518190
31 Mar 201,229672190
31 Dec 191,214674190
30 Sep 191,188654210
30 Jun 191,160659210
31 Mar 191,150678210
31 Dec 181,124670210
30 Sep 181,110540150
30 Jun 181,090478150
31 Mar 181,071410150
31 Dec 171,066356150
30 Sep 171,06143600
30 Jun 171,06537300
31 Mar 171,06536300
31 Dec 161,058343110
30 Sep 161,05033700
30 Jun 161,0461,10400
31 Mar 161,0431,10800
31 Dec 151,0651,17200
30 Sep 151,0531,14400
30 Jun 151,02539300
31 Mar 151,00432500
31 Dec 1496725200
30 Sep 1498217600
30 Jun 1499811600
31 Mar 141,0348300

Quality Earnings: MGC has high quality earnings.

Growing Profit Margin: MGC's current net profit margins (64.1%) are higher than last year (61.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MGC's earnings have grown by 7.6% per year over the past 5 years.

Accelerating Growth: MGC's earnings growth over the past year (6%) is below its 5-year average (7.6% per year).

Earnings vs Industry: MGC earnings growth over the past year (6%) exceeded the Diversified Financial industry -6.7%.


Return on Equity

High ROE: MGC's Return on Equity (14.4%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/26 07:25
End of Day Share Price 2025/01/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MGIC Investment Corporation is covered by 18 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bruce HartingBarclays
Terry MaBarclays
Mihir BhatiaBofA Global Research