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.
Revenue of MGIC Investment Corporation (MTG)
Revenue in 2023 (TTM): $1.16 B
According to MGIC Investment Corporation's latest financial reports the company's current revenue (TTM) is $1.16 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of MGIC Investment Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $1.16 B | $929.1 M | $974.36 M | $902.23 M | $712.95 M |
| 2022 | $1.17 B | $936.09 M | $1.19 B | $1.09 B | $865.35 M |
| 2021 | $1.19 B | $987.23 M | $939.15 M | $801.78 M | $634.98 M |
| 2020 | $1.2 B | $1.02 B | $676.67 M | $559.26 M | $446.09 M |
| 2019 | $1.21 B | $1.03 B | $949.42 M | $847.98 M | $673.76 M |
| 2018 | $1.12 B | $945.64 M | $607.9 M | $844.15 M | $670.1 M |
| 2017 | $1.07 B | $906.42 M | $905.96 M | $784.5 M | $355.76 M |
| 2016 | $1.06 B | $911.72 M | $632.73 M | $514.71 M | $342.52 M |
| 2015 | $1.04 B | $885.2 M | $609.18 M | $487.69 M | $1.17 B |
| 2014 | $941.8 M | $941.8 M | $691.34 M | $254.72 M | $251.95 M |
| 2013 | $1.04 B | $1.04 B | $ | $-46,152,000 | $-49,848,000 |
| 2012 | $1.38 B | $1.38 B | $-729,165,000 | $-928,644,000 | $-927,079,000 |
| 2011 | $1.5 B | $1.5 B | $-296,200,000 | $-484,299,000 | $-485,892,000 |
| 2010 | $1.52 B | $1.52 B | $-199,929,000 | $-359,400,000 | $-363,735,000 |
| 2009 | $1.71 B | $1.71 B | $-1,615,438,000 | $-1,765,053,000 | $-1,322,277,000 |
| 2008 | $1.72 B | $1.72 B | $-832,261,000 | $-124,585,000 | $-518,914,000 |
| 2007 | $1.69 B | $1.69 B | $-2,167,491,000 | $-2,234,654,000 | $-1,670,018,000 |
| 2006 | $1.47 B | $1.47 B | $496.31 M | $525.33 M | $564.74 M |
| 2005 | $1.53 B | $1.53 B | $716.56 M | $656.49 M | $626.87 M |
| 2004 | $1.61 B | $1.61 B | $654.54 M | $591.78 M | $553.19 M |
| 2003 | $1.69 B | $1.69 B | $667.59 M | $575.8 M | $493.88 M |
| 2002 | $1.57 B | $1.57 B | $891.33 M | $897.64 M | $629.19 M |
| 2001 | $1.36 B | $1.36 B | $970.81 M | $931.91 M | $639.14 M |
| 2000 | $1.11 B | $1.11 B | $824.42 M | $788.8 M | $542 M |
| 1999 | $996.76 M | $996.76 M | $713.16 M | $681.01 M | $470.2 M |
| 1998 | $971.67 M | $971.67 M | $580.95 M | $554.59 M | $385.47 M |
| 1997 | $868.27 M | $868.27 M | $36 M | $465.37 M | $323.75 M |
| 1996 | $745.63 M | $745.63 M | $39.5 M | $365.03 M | $257.99 M |
| 1995 | $617.9 M | $617.9 M | $42.1 M | $406.6 M | $207.6 M |
| 1994 | $502.2 M | $502.2 M | $6.5 M | $319.2 M | $159.5 M |
| 1993 | $403.5 M | $403.5 M | $5.9 M | $282.9 M | $127.3 M |
| 1992 | $321.7 M | $321.7 M | $31 M | $241.2 M | $102.3 M |
| 1991 | $258 M | $258 M | $5.4 M | $186 M | $75 M |