MGIC INVESTMENT CORP

MTG · XNYS

CIK 876437fmd_1TZT0Q49A3N6GZA9RJ0DBZ87ZWFinance, Insurance and Real Estate · Surety InsuranceTemplate: Insurance

Coverage: Jan 01, 2008 to Sep 30, 2026, 72 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	1,062	1,066	1,124	1,214	1,199	1,186	1,173	1,155	1,208	1,214
Net premiums earned	925	935	975	1,031	1,022	1,014	1,007	953	971	966
Net investment income	111	121	141	167	154	156	167	215	245	246
Realized investment gains (losses)	9	0	(1)	5	13	6	(7)	(14)	–	–
Commissions and fees	–	–	–	–	–	–	–	–	–	–
Losses and loss adjustment expenses	240	54	37	119	365	65	(255)	(21)	(15)	49
Policy acquisition costs	10	11	12	12	12	13	12	11	9	7
Total benefits, losses and expenses	548	282	280	366	640	384	83	253	239	285
Interest expense	57	57	53	53	60	71	48	37	36	36
Income before taxes	515	784	844	848	559	802	1,090	902	969	929
Income tax expense	172	429	174	174	113	167	225	189	206	190
Net income from continuing operations	343	356	670	674	446	635	865	713	763	738
Net income	343	356	670	674	446	635	865	713	763	738
Net income to common shareholders	371	373	688	692	463	649	869	714	763	738