MGIC Investment Revenue, Profits - MTG Annual Income Statement

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$12.41 $0.09 (0.73%) MTG stock closing price Jul 20, 2018 (Closing)

Financial analysis of MGIC Investment involves more than just checking the MGIC Investment stock price, by looking at the financial statements of the company in detail. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has grown from 1.06B to 1.07B and how operating and non operating activities have impacted the MTG stock. Along with MGIC Investment assets and MGIC Investment free cash flow, MGIC Investment profits as shown in profit and loss statement give key insights about the business. The net profit for 2017 is $355.76M and the 2017 revenue is $1.07B.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
MGIC Investment Revenues or Net Sales
1.07B1.06B1.04B941.79M1.04B1.38B1.5B1.52B1.71B1.72B
Cost Of Goods Sold (COGS)213.34M390.92M475.37M609.8M995.28M2.2B1.88B1.77B3.36B2.59B
MGIC Investment Gross Profit
852.7M671.56M565.4M331.98M44.15M-821.84M-374.14M-253.74M-1.65B-864.78M
Research & Development Expense----------
Selling General & Admin Expense11.11M9.64M8.78M7.61M10.64M7.45M6.88M7.06M26.4M1.78M
Income Before Depreciation Depletion Amortization841.59M661.91M556.61M324.37M33.51M-829.29M-381.02M-260.81M-1.68B-866.56M
Depreciation Depletion Amortization----------
Non Operating Income-0.06M-90.53M--------
Interest Expense57.03M56.67M68.93M69.64M79.66M99.34M103.27M98.58M89.26M71.16M
MGIC Investment Pretax Income
784.49M514.71M487.68M254.72M-46.15M-928.64M-484.29M-359.4M-1.77B-937.72M
Provision for Income Taxes428.73M172.19M-684.31M2.77M3.69M-1.56M1.59M4.33M-442.77M-394.32M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations355.76M342.51M1.17B251.94M-49.84M-927.07M-485.89M-363.73M-1.32B-543.4M
Extraordinary Items & Discontinued Operations----------
MGIC Investment Profit/ Loss (Net Income)
355.76M342.51M1.17B251.94M-49.84M-927.07M-485.89M-363.73M-1.32B-543.4M
Average Shares used to compute Diluted EPS394.77M431.99M468.06M413.55M311.75M201.89M201.02M176.41M124.21M113.96M
Average Shares used to compute Basic EPS362.38M342.89M339.55M413.55M311.75M201.89M201.02M176.41M124.21M113.96M
Income Before Nonrecurring Items517.68M395.56M485.35M250.59M-55.58M-1.12B-628.61M-456.67M-1.37B-518.91M
Income from Nonrecurring Items-161.92M-53.04M686.66M1.36M5.73M195.41M142.72M92.94M51.93M-
MGIC Investment Earnings Per Share Basic Net
0.981.003.450.64-0.16-4.59-2.42-2.06-10.65-4.55
MGIC Investment Earnings Per Share Diluted Net
0.950.862.600.64-0.16-4.59-2.42-2.06-10.65-4.55
EPS Diluted Before Nonrecurring Items1.360.991.130.64-0.18-5.56-3.13-2.59-11.06-4.55
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.000.08
All figures in USD. M: Millions of USD, B: Billions of USD.
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It is very helpful to read a report on MGIC Investment stock analysis. An investor must check the following items in an income statement:

  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that MTG stock has a topline or revenue of $1.07B for 2017 as per this MGIC Investment revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: Most businesses like MGIC Investment try to grow their profits by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.

The income statement is also called statement of revenue and expense. The MTG financials along with MGIC Investment historical stock prices provide a lot of details about the firm.

MGIC Investment Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
11.49
PS Ratio (price sales ratio)
4.3
Operating Margin
72.7
Net Profit Margin
54
Dividend Yield
0%