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MTG (MGIC Investment) FCF Yield % : 11.01 (As of Oct. 31, 2024)


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What is MGIC Investment FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, MGIC Investment's Trailing 12-Month Free Cash Flow is $714 Mil, and Market Cap is $6,491 Mil. Therefore, MGIC Investment's FCF Yield % for today is 11.01%.

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

MTG' s FCF Yield % Range Over the Past 10 Years
Min: -16.88   Med: 11.59   Max: 34.33
Current: 11.01


During the past 13 years, the highest FCF Yield % of MGIC Investment was 34.33%. The lowest was -16.88%. And the median was 11.59%.

MTG's FCF Yield % is ranked better than
62.76% of 486 companies
in the Insurance industry
Industry Median: 7.355 vs MTG: 11.01

MGIC Investment's FCF Margin % for the quarter that ended in Jun. 2024 was 55.44%.


MGIC Investment FCF Yield % Historical Data

The historical data trend for MGIC Investment's FCF Yield % 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 Yield % Chart

MGIC Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.27 17.16 14.99 16.95 13.53

MGIC Investment Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
FCF Yield % 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 12.90 14.49 14.13 12.67 12.02

Competitive Comparison of MGIC Investment's FCF Yield %

For the Insurance - Specialty subindustry, MGIC Investment's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 Yield % Distribution in the Insurance Industry

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

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



MGIC Investment FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

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

FCF Yield %=Free Cash Flow / Market Cap
=710.963 / 5256.40926
=13.53%

MGIC Investment's annualized FCF Yield % for the quarter that ended in Jun. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=169.238 * 4 / 5632.9545
=12.02%

* 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 Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


MGIC Investment FCF Yield % Related Terms

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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