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Mgic Investment Corp  (MTG)
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MTG's Free Cash Flow Growth by Quarter and Year

Mgic Investment's Free Cash Flow results by quarter and year




MTG Free Cash Flow (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 186.25 166.22 346.90 88.73
III Quarter September 169.77 122.11 151.39 235.80
II Quarter June 144.66 133.67 198.03 184.32
I Quarter March 212.29 228.01 223.46 151.37
FY   712.97 650.01 919.78 660.22



MTG Free Cash Flow fourth quarter 2023 Y/Y Growth Comment
Mgic Investment Corp achieved in the fourth quarter 2023, above Company average Free Cash Flow increase of 12.05% year on year, to $ 186.25 millions.

Looking into fourth quarter 2023 results within Property & Casualty Insurance industry 27 other companies have achieved higher Free Cash Flow growth. While Mgic Investment Corp' s Free Cash Flow growth of 12.05% ranks overall at the positon no. 1346 in the fourth quarter 2023.




MTG Free Cash Flow ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December 12.05 % -52.08 % 290.96 % -49.74 %
III Quarter September 39.03 % -19.34 % -35.8 % 102 %
II Quarter June 8.22 % -32.5 % 7.44 % 11.79 %
I Quarter March -6.89 % 2.04 % 47.63 % -5.96 %
FY   9.69 % -29.33 % 39.31 % 6.64 %

Financial Statements
Mgic Investment's fourth quarter 2023 Free Cash Flow $ 186.25 millions MTG's Income Statement
Mgic Investment's fourth quarter 2022 Free Cash Flow $ 166.22 millions Quarterly MTG's Income Statement
New: More MTG's historic Free Cash Flow Growth >>


MTG Free Cash Flow (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December 9.7 % 36.12 % 129.14 % -62.37 %
III Quarter September 17.36 % -8.65 % -23.55 % 27.93 %
II Quarter June -31.86 % -41.38 % -11.38 % 21.77 %
I Quarter March 27.72 % -34.27 % 151.84 % -14.26 %
FY (Year on Year)   9.69 % -29.33 % 39.31 % 6.64 %




Free Cash Flow fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Property & Casualty Insurance Industry #28
Financial Sector #269
Overall #1346

Free Cash Flow Y/Y Growth Statistics
High Average Low
734.13 % 6.14 % -729.14 %
(Sep 30 2017)   (June 30. 2011)
Free Cash Flow fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Property & Casualty Insurance Industry #28
Financial Sector #269
Overall #1346
Free Cash Flow Y/Y Growth Statistics
High Average Low
734.13 % 6.14 % -729.14 %
(Sep 30 2017)   (June 30. 2011)

Free Cash Flow by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Mgic Investment's Q/Q Free Cash Flow Growth


Free Cash Flow Q/Q Growth Statistics
High Average Low
417.62 % 20.03 % -99.25 %
(Dec 31 2016)  


MTG's IV. Quarter Q/Q Free Cash Flow Comment
Mgic Investment Corp achieved in the IV. Quarter 2023 below company average Free Cash Flow increase of 9.7% quarter on quarter, to $ 186.25 millions.

Within Property & Casualty Insurance industry 8 other companies have achieved higher Free Cash Flow quarter on quarter growth. While Mgic Investment's Free Cash Flow growth quarter on quarter, overall rank is 690.


Free Cash Flow Q/Q Growth Company Ranking
Within: No.
Property & Casualty Insurance Industry #9
Financial Sector #129
Overall #690
Free Cash Flow Q/Q Growth Company Ranking
Within: No.
Property & Casualty Insurance Industry #9
Financial Sector #129
Overall #690
Free Cash Flow Q/Q Growth Statistics
High Average Low
417.62 % 20.03 % -99.25 %
(Dec 31 2016)  


MTG's IV. Quarter Q/Q Free Cash Flow Comment
Mgic Investment Corp achieved in the IV. Quarter 2023 below company average Free Cash Flow increase of 9.7% quarter on quarter, to $ 186.25 millions.

Within Property & Casualty Insurance industry 8 other companies have achieved higher Free Cash Flow quarter on quarter growth. While Mgic Investment's Free Cash Flow growth quarter on quarter, overall rank is 690.


Mgic Investment's 12 Months Free Cash Flow Growth Year on Year


Free Cash Flow TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Free Cash Flow 12 Months Ending $ 714.96 $ 695.24 $ 647.06 $ 637.02 $ 653.27
Y / Y Free Cash Flow Growth (TTM) 9.44 % -16.82 % -25.26 % -31.45 % -29.38 %
Year on Year Free Cash Flow Growth Overall Ranking # 1407 # 591 # 876 # 450 # 470
Seqeuential Free Cash Flow Change (TTM) 2.84 % 7.45 % 1.58 % -2.49 % -21.84 %
Seq. Free Cash Flow Growth (TTM) Overall Ranking # 1346 # 946 # 1543 # 1321 # 472




Cumulative Free Cash Flow growth Comment
Mgic Investment saw improvement in Free Cash Flow growth trend, posting cumulative 12 months Free Cash Flow growth of 9.44% year on year, to $ 715 millions if the fiscal year would have ended in Dec 31 2023.
Mgic Investment's trailing twelve months Free Cash Flow growth was higher than company's average 6.14% and higher than -16.82% growth in Sep 30 2023.
But from twelve months ended Sep 30 2023 increase was beneth at 2.84 % from $695.24 millions achieved in the period from Sep 30 2023 to Dec 31 2022 Victoria O. Walsh went on.
There is stagnation happening, more noticeable as we look at typical sequential Free Cash Flow advancement what is better at6.14% Victoria O. Walsh published.
The momentum was much higher from the previous reporting period clinched at 2.84 % increase from $695.24 millions in twelve months ending a quarter before.

In the Financial sector 297 other companies have achieved higher trailing twelve month Free Cash Flow growth. While Free Cash Flow growth total ranking has deteriorated compare to previous quarter from 591 to 1407.

Free Cash Flow TTM Q/Q Growth Statistics
High Average Low
734.13 %
6.14 %
-729.14 %
 

Free Cash Flow TTM Y/Y Growth Company Ranking
Within: No.
Property & Casualty Insurance Industry # 28
Financial Sector # 298
Overall # 1407

Free Cash Flow TTM Y/Y Growth Statistics
High Average Low
734.13 %
6.14 %
-729.14 %
 


Free Cash Flow TTM Q/Q Growth Company Ranking
Within: No.
Industry # 28
Sector # 269
S&P 500 # 1346
Cumulative Free Cash Flow growth Comment
Mgic Investment saw improvement in Free Cash Flow growth trend, posting cumulative 12 months Free Cash Flow growth of 9.44% year on year, to $ 715 millions if the fiscal year would have ended in Dec 31 2023.
Mgic Investment's trailing twelve months Free Cash Flow growth was higher than company's average 6.14% and higher than -16.82% growth in Sep 30 2023.
But from twelve months ended Sep 30 2023 increase was beneth at 2.84 % from $695.24 millions reported in twelve months ending a quarter Sep 30 2023.
We witness drop-off in progress, more obvious if you pay attention to the usual Q/Q TTM historic rise that is stronger at6.14%.
The momentum is even stronger sequentially showed at 2.84 % rise from $695.24 millions in the period from Sep 30 2023 to Dec 31 2022.

In the Financial sector 297 other companies have achieved higher trailing twelve month Free Cash Flow growth. While Free Cash Flow growth total ranking has deteriorated compare to previous quarter from 591 to 1407.

Free Cash Flow TTM Q/Q Growth Statistics
High Average Low
734.13 %
6.14 %
-729.14 %
 


Free Cash Flow TTM Y/Y Growth Company Ranking
Within: No.
Property & Casualty Insurance Industry # 28
Financial Sector # 298
Overall # 1407

Free Cash Flow TTM Y/Y Growth Statistics
High Average Low
734.13 %
6.14 %
-729.14 %
 


Free Cash Flow TTM Q/Q Growth Company Ranking
Within: No.
Industry # 28
Sector # 269
S&P 500 # 1346




Other Free Cash Flow Growth
Property & Casualty Insurance Industry Free Cash Flow Growth Trends and Statistics
Financial Sector Free Cash Flow Growth Statistics
Free Cash Flow Growth Trends for overall market
MTG's Free Cash Flow Growth Ratio versus Property & Casualty Insurance Industry, Financial Sector and total Market
Highest Ranking Free Cash Flow Growth
Lowest Ranking Free Cash Flow Growth
Free Cash Flow Growth for MTG's Competitors
Free Cash Flow Growth for Mgic Investment's Suppliers
Free Cash Flow Growth for MTG's Customers

You may also want to know
MTG's Annual Growth Rates MTG's Profitability Ratios MTG's Asset Turnover Ratio MTG's Dividend Growth
MTG's Roe MTG's Valuation Ratios MTG's Financial Strength Ratios MTG's Dividend Payout Ratio
MTG's Roa MTG's Inventory Turnover Ratio MTG's Growth Rates MTG's Dividend Comparisons



Companies with similar Free Cash Flow increase for the quarter ending Dec 31 2023 within Financial SectorY/Y Change %Free Cash Flow for the quarter ending Dec 31 2023
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Columbia Banking System Inc 20.01%$ 20.014 millions
Enact Holdings Inc 19.96%$ 19.955 millions
S and p Global Inc 19.86%$ 19.856 millions
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Park National Corporation18.56%$ 18.564 millions
Vici Properties Inc 18.15%$ 18.153 millions
First Northwest Bancorp18.05%$ 18.053 millions
Tradeweb Markets Inc 17.67%$ 17.674 millions
Sabra Health Care Reit Inc 16.50%$ 16.497 millions
Oppfi Inc 16.22%$ 16.223 millions
Erie Indemnity Company15.93%$ 15.926 millions
Phillips Edison and Company Inc 15.86%$ 15.859 millions
National Health Investors Inc 14.77%$ 14.768 millions
Ohio Valley Banc Corp14.56%$ 14.563 millions
Rocket Companies Inc 14.38%$ 14.383 millions
Camden Property Trust14.15%$ 14.150 millions
Fncb Bancorp Inc 13.48%$ 13.484 millions
Republic Bancorp inc 13.16%$ 13.156 millions
S and t Bancorp Inc 12.73%$ 12.731 millions
Mgic Investment Corp12.05%$ 12.049 millions
Healthpeak Properties inc 11.74%$ 11.738 millions
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