Financial Statements

MGIC Investment Corporation (MTG)


-0.16 (-1.25%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 2,6422,2791,647977-
Net Income 635446674670356
Stock Dividends -3,183-1-00621
Dividend Paid -94-82-42--
Retained Earnings -2,6422,2791,647977

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 47505245-
Annual Depreciation 3042161
Capital Expenditure -4-3-6-14-16
Net PPE 4647505245

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -1,294-1,459-1,394-2,637-1,531
Intangible and Goodwill -----

MGIC Investment Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes MGIC Investment Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.