MGIC Investment
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. MGIC Investment's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 2% to $1,155,102,000. Profit margin reached 62%. Total operating expenses were $31,607,000.
Profit Margin
| 2014 | 941.79M | 251.94M | 26.75% |
|---|---|---|---|
| 2015 | 1.04B | 1.17B | 112.61% |
| 2016 | 1.06B | 342.51M | 32.24% |
| 2017 | 1.06B | 355.76M | 33.37% |
| 2018 | 1.12B | 670.09M | 59.63% |
| 2019 | 1.21B | 673.76M | 55.5% |
| 2020 | 1.19B | 446.09M | 37.2% |
| 2021 | 1.18B | 634.98M | 53.55% |
| 2022 | 1.17B | 865.34M | 73.79% |
| 2023 | 1.15B | 712.94M | 61.72% |
MTG Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.15B | 1.17B | 1.18B | 1.19B | 1.21B | 1.12B | 1.06B | 1.06B | 1.04B | 941.79M |
Cost of revenue | 226.00M | 236.69M | 198.44M | 176.39M | 182.76M | 178.21M | 159.63M | 150.76M | 155.57M | 0 |
Gross profit | 929.09M | 936.08M | 987.23M | 1.02B | 1.03B | 945.63M | 906.41M | 911.72M | 885.20M | 941.79M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 31.60M | 202M | -392.13M | -648.93M | -376.63M | 227M | 224M | 401M | 484M | 617M |
Operating income | 1.12B | 1.13B | 793.54M | 550.20M | 837.33M | 897.14M | 841.53M | 571.38M | 556.61M | 324.37M |
Other income (expenses), net | -221.26M | -48.05M | 8.23M | -86.33M | 10.63M | 8.70M | -57.09M | 17.65M | -69.43M | -712.62M |
Income before tax | 902.22M | 1.09B | 801.77M | 559.26M | 847.97M | 844.15M | 784.49M | 514.71M | 487.68M | 254.72M |
Income tax expense | 189.28M | 224.68M | 166.79M | 113.17M | 174.21M | 174.05M | 428.73M | 172.19M | -684.31M | 2.77M |
Net income | 712.94M | 865.34M | 634.98M | 446.09M | 673.76M | 670.09M | 355.76M | 342.51M | 1.17B | 251.94M |
Earnings per share | ||||||||||
Basic EPS | 2.52 | 2.83 | 1.9 | 1.31 | 1.91 | 1.78 | 0.98 | 1 | 3.45 | 0.74 |
Diluted EPS | 2.49 | 2.79 | 1.85 | 1.29 | 1.85 | 1.74 | 0.95 | 0.86 | 2.6 | 0.64 |
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