Mgic Investment Corp (MTG)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 712,949 | 865,349 | 634,983 | 446,093 | 673,763 |
| Depreciation Amortization | 35,230 | 54,252 | 66,014 | 57,812 | 48,784 |
| Income taxes - deferred | 1,065 | -4,367 | 5,188 | 27,475 | 11,096 |
| Other Working Capital | -94,526 | -335,437 | -58,910 | 169,059 | -142,953 |
| Other Operating Activity | 58,244 | 70,215 | 49,042 | 31,870 | 18,842 |
| Operating Cash Flow | $712,962 | $650,012 | $696,317 | $732,309 | $609,532 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | 337 | -3,254 | -4,115 | -3,311 | -5,636 |
| Purchase Of Investment | -1,469,540 | -674,406 | -1,531,129 | -2,636,972 | -1,394,126 |
| Sale Of Investment | 1,290,013 | 1,088,145 | 1,374,495 | 1,867,777 | 977,961 |
| Other Investing Activity | 0 | 0 | 0 | 0 | -307 |
| Investing Cash Flow | $-179,190 | $410,485 | $-160,749 | $-772,506 | $-422,108 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | N/A | N/A | N/A | 640,250 | N/A |
| Debt Repayment | -28,637 | -486,414 | -98,610 | -234,145 | 0 |
| Common Stock Repurchased | -337,182 | -385,573 | -290,818 | -119,997 | -125,766 |
| Dividend Paid | -122,965 | -110,947 | -94,219 | -82,061 | -41,914 |
| Other Financing Activity | -7,257 | -49,608 | -43,643 | -36,226 | -5,726 |
| Financing Cash Flow | $-496,041 | $-1,032,542 | $-527,290 | $167,821 | $-173,406 |
| Beginning Cash Position | 332,913 | 304,958 | 296,680 | 169,056 | 155,038 |
| End Cash Position | 370,644 | 332,913 | 304,958 | 296,680 | 169,056 |
| Net Cash Flow | $37,731 | $27,955 | $8,278 | $127,624 | $14,018 |
| Free Cash Flow | |||||
| Operating Cash Flow | 712,962 | 650,012 | 696,317 | 732,309 | 609,532 |
| Capital Expenditure | -1,999 | -3,254 | -4,115 | -3,311 | -5,636 |
| Free Cash Flow | 710,963 | 646,758 | 692,202 | 728,998 | 603,896 |