undamentalytics Newsletter

Mgic Investment vs Onity Group

Mgic Investment and Onity Group are similar in size: $1.21bn and $1.07bn of revenue in their latest fiscal years. Onity Group grew faster (9.3% against 0.5%). Mgic Investment kept more of each dollar of sales as profit: a net margin of 60.8% against 17.8%. Mgic Investment carries less debt relative to equity (0.0% against 195.0%).

Latest fiscal yearMgic InvestmentMTG, 2025Onity GroupONIT, 2025
Revenue $1.21bn $1.07bn
Revenue growth 0.5% 9.3%
Net income $738m $190m
Operating margin — —
Net margin 60.8% 17.8%
Return on equity 14.3% 35.4%
Free cash flow $852m −$751m
Cash $369m $181m
Total debt $0 $1.22bn
Debt to equity 0.0% 195.0%
Dividend per share — —
Dividend yield 2.3% —
Share buybacks $789m —
Employees — 4,300
Market value $5.94bn $241m
Price vs our value range — —
Moat score 92 (Strong) 42 (Weak)
Insider trades, 12 months 0 buys, 25 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.