MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
Earnings for MGIC Investment Corporation (MTG)
Earnings in 2023 (TTM): $902.23 M
According to MGIC Investment Corporation's latest financial reports the company's current earnings (TTM) are $902.23 M. The earnings displayed on this page is the company's Pretax Income.
Earnings history of MGIC Investment Corporation
Annual Earnings
| Year | Income Before Tax | Net Income |
|---|---|---|
| 2023 | $902.23 M | $712.95 M |
| 2022 | $1.09 B | $865.35 M |
| 2021 | $801.78 M | $634.98 M |
| 2020 | $559.26 M | $446.09 M |
| 2019 | $847.98 M | $673.76 M |
| 2018 | $844.15 M | $670.1 M |
| 2017 | $784.5 M | $355.76 M |
| 2016 | $514.71 M | $342.52 M |
| 2015 | $487.69 M | $1.17 B |
| 2014 | $254.72 M | $251.95 M |
| 2013 | $-46,152,000 | $-49,848,000 |
| 2012 | $-928,644,000 | $-927,079,000 |
| 2011 | $-484,299,000 | $-485,892,000 |
| 2010 | $-359,400,000 | $-363,735,000 |
| 2009 | $-1,765,053,000 | $-1,322,277,000 |
| 2008 | $-124,585,000 | $-518,914,000 |
| 2007 | $-2,234,654,000 | $-1,670,018,000 |
| 2006 | $525.33 M | $564.74 M |
| 2005 | $656.49 M | $626.87 M |
| 2004 | $591.78 M | $553.19 M |
| 2003 | $575.8 M | $493.88 M |
| 2002 | $897.64 M | $629.19 M |
| 2001 | $931.91 M | $639.14 M |
| 2000 | $788.8 M | $542 M |
| 1999 | $681.01 M | $470.2 M |
| 1998 | $554.59 M | $385.47 M |
| 1997 | $465.37 M | $323.75 M |
| 1996 | $365.03 M | $257.99 M |
| 1995 | $406.6 M | $207.6 M |
| 1994 | $319.2 M | $159.5 M |
| 1993 | $282.9 M | $127.3 M |
| 1992 | $241.2 M | $102.3 M |
| 1991 | $186 M | $75 M |