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MGIC Investment Corp. MTG Business Segments — Premium taxes

Similar metrics at other companies

ESN
ESNTMortgage Insurance — Premium and other taxes
$5.99M+7.7%
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FBPMortgage Banking — Federal Deposit Insurance Corporation Premium Expense
$376K-9.4%
ESN
ESNTMortgage Insurance — Revenue
$265.34M-0.1%
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RDNMortgage Segment Operating — Premiums Earned Net
$238.18M+1.8%
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FBPMortgage Banking — Taxes Excluding Income And Excise Taxes
$492K+4.5%
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RDNMortgage Insurance — Liabilities
$249.91M-19.9%

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 mtg:InsurancePremiumTaxExpense.

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 — premium taxes?
MGIC Investment Corp. (MTG) reported business segments — premium taxes of $5.5M in Q1 2026.
How has MGIC Investment Corp.'s business segments — premium taxes changed year-over-year?
MGIC Investment Corp.'s business segments — premium taxes increased by 1.7% year-over-year, from $5.41M to $5.5M.
What is the long-term trend for MGIC Investment Corp.'s business segments — premium taxes?
Over 3 years (2022 to 2025), MGIC Investment Corp.'s business segments — premium taxes has grown at a -0.1% compound annual growth rate (CAGR), from $21.47M to $21.38M.
What does business segments — premium taxes mean?
Reflects the state-mandated taxes levied on the gross premiums collected by the mortgage insurance segment. As these taxes are typically tied to the volume of insurance written, this metric serves as a proxy for the geographic scale and regulatory cost of doing business in various jurisdictions.