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MGIC Investment Corp. MTG Deferred Policy Acquisition Costs, Amortization Expense

Deferred Policy Acquisition Costs, Amortization Expense at other companies

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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:DeferredPolicyAcquisitionCostAmortizationExpense.

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
(In thousands, except per share data)NoteThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total Revenues295,388304,245592,465610,479
Losses and Expenses:
Losses incurred, net810,986(2,835)44,2286,756
Amortization of deferred insurance policy acquisition costs1,2971,7382,5213,395
Other underwriting and operating expenses, net1444,27850,35491,162101,760
Interest expense8,8998,89917,79817,798
Total Losses and Expenses65,46058,156155,709129,709
Income before tax229,928246,089436,756480,770

Item 1. Financial Statements

FAQ

What is MGIC Investment Corp.'s deferred policy acquisition costs, amortization expense?
MGIC Investment Corp. (MTG) reported deferred policy acquisition costs, amortization expense of $1.3M in Q2 2026.
How has MGIC Investment Corp.'s deferred policy acquisition costs, amortization expense changed year-over-year?
MGIC Investment Corp.'s deferred policy acquisition costs, amortization expense decreased by 25.4% year-over-year, from $1.74M to $1.3M.
What is the long-term trend for MGIC Investment Corp.'s deferred policy acquisition costs, amortization expense?
Over 4 years (2021 to 2025), MGIC Investment Corp.'s deferred policy acquisition costs, amortization expense has grown at a -13.3% compound annual growth rate (CAGR), from $12.6M to $7.12M.
What does deferred policy acquisition costs, amortization expense mean?
The periodic expense recognized for the amortization of costs directly associated with acquiring new insurance policies, such as commissions and underwriting expenses. It reflects the systematic allocation of acquisition costs over the life of the insurance contracts.

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