← MGIC INVESTMENT CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $342.5m |
$355.8m
+3.87%
|
$670.1m
+88.36%
|
$673.8m
+0.55%
|
$446.1m
-33.79%
|
$635.0m
+42.34%
|
$865.3m
+36.28%
|
$712.9m
-17.61%
|
$763.0m
+7.02%
|
$738.3m
-3.23%
|
— | |
| Depreciation, Amortization and Accretion, Net | $61.3m | $64.4m | $58.2m | $48.8m | $57.8m | $66.0m | $54.3m | $35.2m | $18.4m | $6.9m | $3.6m | |
| Deferred Policy Acquisition Costs, Amortization Expense | $9.6m | $11.1m | $11.9m | $12.0m | $12.4m | $12.6m | $12.4m | $10.8m | $9.0m | $7.1m | — | |
| Depreciation | $4.6m | $5.4m | $6.0m | $6.5m | $6.3m | $5.6m | $4.9m | $4.6m | $4.2m | $3.3m | $3.6m | |
| Deferred Income Tax Expense (Benefit) | $160.7m | $351.7m | $185.6m | $11.9m | $28.2m | $4.4m | ($5.2m) | $1.6m | $1.8m | $19.2m | $18.7m | |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | — | — | — | $24.8m | $31.6m | $31.3m | $24.4m | $23.8m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $5.0m | $6.8m | $8.1m | $5.7m | $8.9m | $6.7m | $10.1m | $7.3m | $19.1m | $19.1m | — | |
| Share-based Payment Arrangement, Expense | $11.4m | $14.9m | $20.9m | $18.9m | $13.8m | $17.1m | $24.7m | $31.5m | $31.2m | $24.3m | $23.8m | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $240.2m | $53.7m | $36.6m | $118.6m | $364.8m | $64.6m | ($254.6m) | ($20.9m) | ($14.9m) | $48.9m | — | |
| Net Cash Provided by (Used in) Operating Activities | $219.7m |
$406.7m
+85.13%
|
$544.5m
+33.90%
|
$609.5m
+11.94%
|
$732.3m
+20.14%
|
$696.3m
-4.91%
|
$650.0m
-6.65%
|
$713.0m
+9.68%
|
$725.0m
+1.69%
|
$852.8m
+17.62%
|
$708.0m
-16.98%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $10.6m | $16.1m | $14.2m | $5.6m | $3.3m | $4.1m | $3.3m | $2.0m | $1.2m | $1.0m | ($1.5m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $547.4m | $759.2m | $785.2m | $748.2m | $1.0b | — | — | — | — | — | — | |
| Payments to Acquire Investments | — | — | $1.5b | $1.4b | $2.6b | $1.5b | $674.4m | $1.5b | $1.6b | $1.6b | ($1.6b) | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | $26k | ($3k) | ($10k) | $0 | ($274k) | |
| Gain (Loss) on Investments | $8.9m | $249k | ($1.4m) | $5.3m | $13.8m | $6.6m | ($7.5m) | ($14.1m) | — | — | ($196k) | |
| Net Cash Provided by (Used in) Investing Activities | ($93.4m) | ($303.6m) | ($317.8m) | ($422.1m) | ($772.5m) | ($160.7m) | $410.5m | ($179.2m) | ($142.0m) | $228.4m | $119.6m | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $0 | $0 | — | — | — | — | — | — | — | — | $0 | |
| Proceeds from Issuance of Long-term Debt | $573.1m | $0 | $0 | — | $640.2m | $0 | $0 | — | — | — | $0 | |
| Gain (Loss) on Extinguishment of Debt | ($90.5m) | ($65k) | $0 | $0 | ($26.7m) | ($36.9m) | ($40.2m) | $0 | $0 | — | — | |
| Payments for Repurchase of Common Stock | $147.1m | $0 | $163.4m | $125.8m | $120.0m | $290.8m | $385.6m | $337.2m | $569.5m | $788.6m | — | |
| Payments of Ordinary Dividends, Common Stock | — | — | — | $41.9m | $82.1m | $94.2m | $110.9m | $123.0m | $130.5m | $132.5m | ($134.6m) | |
| Net Cash Provided by (Used in) Financing Activities | ($152.0m) |
($158.6m)
-4.34%
|
($171.6m)
-8.18%
|
($173.4m)
-1.08%
|
$167.8m
+196.78%
|
($527.3m)
-414.20%
|
($1.0b)
-95.82%
|
($496.0m)
+51.96%
|
($719.0m)
-44.96%
|
($940.3m)
-30.77%
|
($911.4m)
+3.07%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($25.7m) | ($55.6m) | $155.0m | $169.1m | $296.7m | $305.0m | $332.9m | $370.6m | $234.6m | $375.5m | $215.1m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $77.8m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | — | ($7k) | $0 | $0 | — | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | — | ($2.0m) | $530k | ($130k) | $421k | — | |
| Income Tax Expense (Benefit) | $172.2m | $428.7m | $174.1m | $174.2m | $113.2m | $166.8m | $224.7m | $189.3m | $205.7m | $190.2m | — | |
| Operating Lease, Expense | — | — | — | $2.1m | $1.9m | $1.3m | $1.2m | $1.6m | $1.7m | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.