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Mgic Investment Corp balance sheet

At the end of fiscal 2025, Mgic Investment Corp had total assets of $6.64bn, total liabilities of $1.49bn and shareholders' equity of $5.15bn. It held $369m in cash against $0 of debt: net cash of $369m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash and equivalents1,1861,3049961,028333198181155100152162288285327364229369207
Total assets9,4049,3347,2165,5745,6015,2665,8685,7355,6195,6786,2307,3557,3256,2146,5386,5476,6396,527
Short-term debt—————620———————————
Long-term debt—————1,2351,2231,1798308328331,2431,147663643———
Total debt000001,2961,2231,1908378328331,2431,147663643—00
Total liabilities8,1027,6656,0195,3774,8574,2303,6323,1862,4652,0961,9202,6562,4641,5711,4661,3751,4921,514
Shareholders' equity1,3031,6691,1971977451,0372,2362,5493,1553,5824,3094,6994,8614,6435,0725,1725,1485,013
Net debt (negative = net cash)−1,186−1,304−996−1,028−3331,0991,0421,034737680671955862335280−229−369−207
Shares outstanding125m200m201m202m338m339m——371m355m347m339m320m293m272m248m219m207m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Mgic Investment Corp's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Mgic Investment Corp.