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MGIC Investment Corp. MTG Business Segments — Depreciation expense

Similar metrics at other companies

Radian Group logo
RDNMortgage Segment Operating — Depreciation
$1.8M-3.8%
ESN
ESNTMortgage Insurance — Interest Expense
$0
ESN
ESNTMortgage Insurance — Operating expenses after allocations
$37.61M-8.1%
ESN
ESNTMortgage Insurance — Other underwriting and operating expenses
$26.07M-7.4%
ESN
ESNTMortgage Insurance — Expense ratio
17.4%-1.4pp
Radian Group logo
RDNMortgage Segment Operating — Interest Expense
$10M+2,253%

Other financials

Income statement

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Revenue$297.1M-3.0%
Net income$165.3M-10.9%
EPS (diluted)$0.76+1.3%

Balance sheet

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Cash & equivalents$235.1M+13.6%
Total debt$155.0M
Total equity$5.0B-2.0%
Total assets$6.4B-1.8%

Cash flow

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Operating cash flow$76.9M-65.6%
CapEx$184.0K+47.2%
Free cash flow$76.7M-65.7%

Valuation

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Market cap$5.51B-6.1%

Profitability

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Net margin59.6%-3.9pp
FCF margin58.5%-3.5pp

Returns & leverage

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Return on equity14.1%-1.0pp
Debt / equity

Where this comes from

Reported directly by MGIC Investment Corp. in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: MGIC Investment Corp.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MGIC Investment Corp.'s business segments — depreciation expense?
MGIC Investment Corp. (MTG) reported business segments — depreciation expense of $691K in Q1 2026.
How has MGIC Investment Corp.'s business segments — depreciation expense changed year-over-year?
MGIC Investment Corp.'s business segments — depreciation expense decreased by 26.7% year-over-year, from $943K to $691K.
What is the long-term trend for MGIC Investment Corp.'s business segments — depreciation expense?
Over 3 years (2022 to 2025), MGIC Investment Corp.'s business segments — depreciation expense has grown at a -13.0% compound annual growth rate (CAGR), from $4.94M to $3.25M.
What does business segments — depreciation expense mean?
Represents the systematic allocation of the cost of tangible and intangible assets used specifically within the mortgage insurance segment over their useful lives. This non-cash expense reflects the capital intensity of the infrastructure and technology platforms supporting the insurance underwriting process.