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MGIC Investment Corp. MTG Business Segments — Employee costs

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Other financials

Income statement

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Revenue$295.4M-2.9%
Net income$182.1M-5.4%
EPS (diluted)$0.86+6.2%

Balance sheet

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Cash & equivalents$207.3M-29.7%
Total debt$155.0M
Total equity$5.0B-2.7%
Total assets$6.5B-0.2%

Cash flow

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Operating cash flow$185.0M+1.1%
CapEx$473.0K+2,265%
Free cash flow$184.5M+0.8%

Valuation

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Market cap$6.21B-0.4%
P/E8.8×+0.6×
P/S5.2×+0.1×

Profitability

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Net margin59.2%-3.4pp
FCF margin59.1%-4.2pp

Returns & leverage

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Return on equity13.9%-0.9pp
Debt / equity

Where this comes from

Reported directly by MGIC Investment Corp. in its filing.

Tagged under the XBRL concept us-gaap:CompensationExpenseExcludingCostOfGoodAndServiceSold.

The source filing: MGIC Investment Corp.’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:33 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000876437-26-000028
Significant Segment ExpensesSignificant Segment ExpensesSignificant Segment ExpensesSignificant Segment ExpensesSignificant Segment Expenses
Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2026202520262025
Other underwriting and operating expenses net:
Employee costs$$34,776$$36,351$$71,208$$73,311
Outside services (1)8,0048,71314,42416,524
Premium taxes (2)5,4235,23710,92610,647
Depreciation expense7159411,4061,884
All other underwriting and operating (3)(4,640)(888)(6,802)(606)

Item 1. Financial Statements

FAQ

What is MGIC Investment Corp.'s business segments — employee costs?
MGIC Investment Corp. (MTG) reported business segments — employee costs of $34.78M in Q2 2026.
How has MGIC Investment Corp.'s business segments — employee costs changed year-over-year?
MGIC Investment Corp.'s business segments — employee costs decreased by 4.3% year-over-year, from $36.35M to $34.78M.
What is the long-term trend for MGIC Investment Corp.'s business segments — employee costs?
Over 3 years (2022 to 2025), MGIC Investment Corp.'s business segments — employee costs has grown at a -5.6% compound annual growth rate (CAGR), from $170.91M to $143.73M.
What does business segments — employee costs mean?
Represents the total compensation, benefits, and payroll-related expenses incurred by the mortgage insurance segment. This metric reflects the human capital investment required to manage underwriting, risk assessment, and customer service operations within the mortgage insurance business.

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