MGIC Investment Past Earnings Performance
Past criteria checks 5/6
MGIC Investment has been growing earnings at an average annual rate of 8.1%, while the Diversified Financial industry saw earnings growing at 12.9% annually. Revenues have been growing at an average rate of 1.2% per year. MGIC Investment's return on equity is 17.7%, and it has net margins of 72.7%.
Key information
8.1%
Earnings growth rate
12.3%
EPS growth rate
| Diversified Financial Industry Growth | 14.6% |
| Revenue growth rate | 1.2% |
| Return on equity | 17.7% |
| Net Margin | 72.7% |
| Next Earnings Update | 02 Aug 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How MGIC Investment makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 23 | 1,162 | 845 | 28 | 0 |
| 31 Dec 22 | 1,173 | 865 | 25 | 0 |
| 30 Sep 22 | 1,175 | 848 | 24 | 0 |
| 30 Jun 22 | 1,178 | 756 | 24 | 0 |
| 31 Mar 22 | 1,182 | 660 | 24 | 0 |
| 31 Dec 21 | 1,186 | 635 | 17 | 0 |
| 30 Sep 21 | 1,194 | 612 | 14 | 0 |
| 30 Jun 21 | 1,194 | 585 | 14 | 0 |
| 31 Mar 21 | 1,190 | 446 | 14 | 0 |
| 31 Dec 20 | 1,199 | 446 | 14 | 0 |
| 30 Sep 20 | 1,208 | 472 | 19 | 0 |
| 30 Jun 20 | 1,231 | 518 | 19 | 0 |
| 31 Mar 20 | 1,229 | 672 | 19 | 0 |
| 31 Dec 19 | 1,214 | 674 | 19 | 0 |
| 30 Sep 19 | 1,188 | 654 | 21 | 0 |
| 30 Jun 19 | 1,160 | 659 | 21 | 0 |
| 31 Mar 19 | 1,150 | 678 | 21 | 0 |
| 31 Dec 18 | 1,124 | 670 | 21 | 0 |
| 30 Sep 18 | 1,110 | 540 | 15 | 0 |
| 30 Jun 18 | 1,090 | 478 | 15 | 0 |
| 31 Mar 18 | 1,071 | 410 | 15 | 0 |
| 31 Dec 17 | 1,066 | 356 | 15 | 0 |
| 30 Sep 17 | 1,061 | 436 | 0 | 0 |
| 30 Jun 17 | 1,065 | 373 | 0 | 0 |
| 31 Mar 17 | 1,065 | 363 | 0 | 0 |
| 31 Dec 16 | 1,058 | 343 | 11 | 0 |
| 30 Sep 16 | 1,050 | 337 | 0 | 0 |
| 30 Jun 16 | 1,046 | 1,104 | 0 | 0 |
| 31 Mar 16 | 1,043 | 1,108 | 0 | 0 |
| 31 Dec 15 | 1,065 | 1,172 | 0 | 0 |
| 30 Sep 15 | 1,053 | 1,144 | 0 | 0 |
| 30 Jun 15 | 1,025 | 393 | 0 | 0 |
| 31 Mar 15 | 1,004 | 325 | 0 | 0 |
| 31 Dec 14 | 967 | 252 | 0 | 0 |
| 30 Sep 14 | 982 | 176 | 0 | 0 |
| 30 Jun 14 | 998 | 116 | 0 | 0 |
| 31 Mar 14 | 1,034 | 83 | 0 | 0 |
| 31 Dec 13 | 1,065 | -50 | 0 | 0 |
| 30 Sep 13 | 1,186 | -435 | 0 | 0 |
| 30 Jun 13 | 1,243 | -694 | 0 | 0 |
| 31 Mar 13 | 1,299 | -980 | 0 | 0 |
| 31 Dec 12 | 1,422 | -927 | 0 | 0 |
| 30 Sep 12 | 1,474 | -676 | 0 | 0 |
Quality Earnings: MTG * has high quality earnings.
Growing Profit Margin: MTG *'s current net profit margins (72.7%) are higher than last year (55.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MTG *'s earnings have grown by 8.1% per year over the past 5 years.
Accelerating Growth: MTG *'s earnings growth over the past year (28%) exceeds its 5-year average (8.1% per year).
Earnings vs Industry: MTG * earnings growth over the past year (28%) exceeded the Diversified Financial industry 7.3%.
Return on Equity
High ROE: MTG *'s Return on Equity (17.7%) is considered low.