Here are the 10-K annual reports from MGIC Investment Corp. (MTG) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow MTG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MTG filings page.
MGIC Investment Corporation reports solid 2025 results with substantial capital returns while maintaining strong regulatory capital and portfolio quality. Total revenues were $1.2 billion and net income was $738 million, or $3.14 per diluted share, compared with $763 million, or $2.89 per diluted share, in 2024.
Primary new insurance written reached $60.2 billion, and direct primary insurance in force grew to $303.1 billion with risk in force of $81.2 billion, reflecting a high-quality book dominated by fixed-rate, owner‑occupied, full‑documentation loans and strong FICO profiles. MGIC’s estimated PMI market share rose to 19.4% from 18.6%.
The company emphasized capital management, paying $800 million of dividends from MGIC to the holding company and returning approximately $915 million to shareholders, including repurchasing about 12% of beginning‑of‑year shares and increasing the annual dividend to $0.56 per share. MGIC remained in compliance with PMIERs, with $5.7 billion of Available Assets, $2.5 billion above its Minimum Required Assets, and held an investment portfolio of about $5.8 billion focused on high‑quality fixed income.