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MGIC Investment (MGIC Investment) FCF Margin % : 65.40% (As of Dec. 2023)


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What is MGIC Investment FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. MGIC Investment's Free Cash Flow for the three months ended in Dec. 2023 was $186 Mil. MGIC Investment's Revenue for the three months ended in Dec. 2023 was $284 Mil. Therefore, MGIC Investment's FCF Margin % for the quarter that ended in Dec. 2023 was 65.40%.

As of today, MGIC Investment's current FCF Yield % is 12.91%.

The historical rank and industry rank for MGIC Investment's FCF Margin % or its related term are showing as below:

MTG' s FCF Margin % Range Over the Past 10 Years
Min: -43.49   Med: 48.47   Max: 61.55
Current: 61.55


During the past 13 years, the highest FCF Margin % of MGIC Investment was 61.55%. The lowest was -43.49%. And the median was 48.47%.

MTG's FCF Margin % is ranked better than
95.9% of 488 companies
in the Insurance industry
Industry Median: 7.66 vs MTG: 61.55


MGIC Investment FCF Margin % Historical Data

The historical data trend for MGIC Investment's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MGIC Investment FCF Margin % Chart

MGIC Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.75 60.79 58.38 55.15 61.55

MGIC Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.58 74.63 49.66 56.99 65.40

Competitive Comparison of MGIC Investment's FCF Margin %

For the Insurance - Specialty subindustry, MGIC Investment's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MGIC Investment's FCF Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, MGIC Investment's FCF Margin % distribution charts can be found below:

* The bar in red indicates where MGIC Investment's FCF Margin % falls into.



MGIC Investment FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

MGIC Investment's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=710.963/1155.102
=61.55 %

MGIC Investment's FCF Margin for the quarter that ended in Dec. 2023 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=185.702/283.957
=65.40 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MGIC Investment FCF Margin % Related Terms

Thank you for viewing the detailed overview of MGIC Investment's FCF Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


MGIC Investment (MGIC Investment) Business Description

Traded in Other Exchanges
Address
250 E. Kilbourn Avenue, MGIC Plaza, Milwaukee, WI, USA, 53202
MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all 50 states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia and New York.
Executives
Michael Leal Thompson director 4 BRIDGET COURT, BURR RIDGE IL 60527
Analisa M Allen director 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Teresita M. Lowman director 2235 ENTERPRISE STREET #110, ESCONDIDO CA 92029
Jodee A Kozlak director 1000 NICOLLET MALL, TPS-3255, MINNEAPOLIS MN 55403
Jay C. Hartzell director 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Sheryl L. Sculley director 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Gary A. Poliner director C/O MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Daniel A. Arrigoni director C/O MGIC INVESTMENT CORPORATION, 250 E KILBOURN AVE, MILWAUKEE WI 53202
James J. Hughes officer: SVP-Sales & Bus. Development C/O MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Michael E Lehman director
Julie K. Sperber officer: VP-Controller & Chief Acct Off MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Patrick Sinks officer: Executive Vice President 250 E KILBOURN AVE, MILWAUKEE WI 53202
Steven M. Thompson officer: EVP&CRO-Mort Gty Ins Corp 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Nathaniel H Colson officer: Executive Vice President & CFO C/O MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Robert J Candelmo officer: SVP-Chief Information Officer 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202