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Side-by-side financial comparison of Hilltop Holdings Inc. (HTH) and MGIC INVESTMENT CORP (MTG). Click either name above to swap in a different company.
Hilltop Holdings Inc. is the larger business by last-quarter revenue ($300.5M vs $298.7M, roughly 1.0× MGIC INVESTMENT CORP). MGIC INVESTMENT CORP runs the higher net margin — 56.7% vs 13.0%, a 43.7% gap on every dollar of revenue. Over the past eight quarters, MGIC INVESTMENT CORP's revenue compounded faster (0.7% CAGR vs 0.6%).
Hilltop Holdings Inc. is a financial holding company based in Dallas, Texas. It offers financial products and banking services through three primary subsidiaries: PlainsCapital Bank, PrimeLending, and HilltopSecurities.
MGIC Investment Corporation NYSE: MTG ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin.
HTH vs MTG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $300.5M | $298.7M |
| Net Profit | $39.0M | $169.3M |
| Gross Margin | — | — |
| Operating Margin | — | 71.2% |
| Net Margin | 13.0% | 56.7% |
| Revenue YoY | — | -0.9% |
| Net Profit YoY | -12.4% | -8.3% |
| EPS (diluted) | $0.64 | $0.75 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $300.5M | — | ||
| Q4 25 | $329.9M | $298.7M | ||
| Q3 25 | $330.2M | $304.5M | ||
| Q2 25 | $303.3M | $304.2M | ||
| Q1 25 | $318.5M | $306.2M | ||
| Q4 24 | $301.1M | $301.4M | ||
| Q3 24 | $305.5M | $306.6M | ||
| Q2 24 | $297.0M | $305.3M |
| Q1 26 | $39.0M | — | ||
| Q4 25 | $41.6M | $169.3M | ||
| Q3 25 | $45.8M | $191.1M | ||
| Q2 25 | $36.1M | $192.5M | ||
| Q1 25 | $42.1M | $185.5M | ||
| Q4 24 | $35.5M | $184.7M | ||
| Q3 24 | $29.7M | $200.0M | ||
| Q2 24 | $20.3M | $204.2M |
| Q1 26 | — | — | ||
| Q4 25 | 16.1% | 71.2% | ||
| Q3 25 | 18.4% | 77.2% | ||
| Q2 25 | 16.3% | 80.9% | ||
| Q1 25 | 18.1% | 76.6% | ||
| Q4 24 | 14.7% | 77.9% | ||
| Q3 24 | 13.9% | 82.9% | ||
| Q2 24 | 10.0% | 85.1% |
| Q1 26 | 13.0% | — | ||
| Q4 25 | 12.6% | 56.7% | ||
| Q3 25 | 13.9% | 62.8% | ||
| Q2 25 | 11.9% | 63.3% | ||
| Q1 25 | 13.2% | 60.6% | ||
| Q4 24 | 11.8% | 61.3% | ||
| Q3 24 | 9.7% | 65.2% | ||
| Q2 24 | 6.8% | 66.9% |
| Q1 26 | $0.64 | — | ||
| Q4 25 | $0.68 | $0.75 | ||
| Q3 25 | $0.74 | $0.83 | ||
| Q2 25 | $0.57 | $0.81 | ||
| Q1 25 | $0.65 | $0.75 | ||
| Q4 24 | $0.55 | $0.71 | ||
| Q3 24 | $0.46 | $0.77 | ||
| Q2 24 | $0.31 | $0.77 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $369.0M |
| Total DebtLower is stronger | $990.8M | — |
| Stockholders' EquityBook value | $2.2B | $5.1B |
| Total Assets | $15.7B | $6.6B |
| Debt / EquityLower = less leverage | 0.46× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $369.0M | ||
| Q3 25 | — | $266.9M | ||
| Q2 25 | — | $294.9M | ||
| Q1 25 | — | $207.0M | ||
| Q4 24 | — | $229.5M | ||
| Q3 24 | — | $288.6M | ||
| Q2 24 | — | $281.8M |
| Q1 26 | $990.8M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.2B | $5.1B | ||
| Q3 25 | $2.2B | $5.2B | ||
| Q2 25 | $2.2B | $5.2B | ||
| Q1 25 | $2.2B | $5.1B | ||
| Q4 24 | $2.2B | $5.2B | ||
| Q3 24 | $2.2B | $5.3B | ||
| Q2 24 | $2.1B | $5.1B |
| Q1 26 | $15.7B | — | ||
| Q4 25 | $15.8B | $6.6B | ||
| Q3 25 | $15.6B | $6.6B | ||
| Q2 25 | $15.4B | $6.5B | ||
| Q1 25 | $15.8B | $6.5B | ||
| Q4 24 | $16.3B | $6.5B | ||
| Q3 24 | $15.9B | $6.7B | ||
| Q2 24 | $15.6B | $6.5B |
| Q1 26 | 0.46× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $230.8M |
| Free Cash FlowOCF − Capex | — | $230.2M |
| FCF MarginFCF / Revenue | — | 77.1% |
| Capex IntensityCapex / Revenue | — | 0.2% |
| Cash ConversionOCF / Net Profit | — | 1.36× |
| TTM Free Cash FlowTrailing 4 quarters | — | $851.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-38.7M | $230.8M | ||
| Q3 25 | $273.0M | $215.4M | ||
| Q2 25 | $-234.6M | $183.0M | ||
| Q1 25 | $5.8M | $223.7M | ||
| Q4 24 | $273.9M | $182.4M | ||
| Q3 24 | $515.6M | $182.9M | ||
| Q2 24 | $-435.3M | $169.2M |
| Q1 26 | — | — | ||
| Q4 25 | $-55.5M | $230.2M | ||
| Q3 25 | $271.0M | $215.1M | ||
| Q2 25 | $-234.6M | $183.0M | ||
| Q1 25 | $5.0M | $223.5M | ||
| Q4 24 | $266.8M | $181.9M | ||
| Q3 24 | $513.8M | $182.5M | ||
| Q2 24 | $-437.3M | $169.0M |
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 77.1% | ||
| Q3 25 | 82.1% | 70.6% | ||
| Q2 25 | -77.4% | 60.1% | ||
| Q1 25 | 1.6% | 73.0% | ||
| Q4 24 | 88.6% | 60.3% | ||
| Q3 24 | 168.2% | 59.5% | ||
| Q2 24 | -147.2% | 55.3% |
| Q1 26 | — | — | ||
| Q4 25 | 5.1% | 0.2% | ||
| Q3 25 | 0.6% | 0.1% | ||
| Q2 25 | 0.0% | 0.0% | ||
| Q1 25 | 0.3% | 0.0% | ||
| Q4 24 | 2.4% | 0.2% | ||
| Q3 24 | 0.6% | 0.1% | ||
| Q2 24 | 0.7% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | -0.93× | 1.36× | ||
| Q3 25 | 5.96× | 1.13× | ||
| Q2 25 | -6.50× | 0.95× | ||
| Q1 25 | 0.14× | 1.21× | ||
| Q4 24 | 7.71× | 0.99× | ||
| Q3 24 | 17.36× | 0.91× | ||
| Q2 24 | -21.41× | 0.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HTH
| Noninterest Income | $188.4M | 63% |
| Net Interest Income | $112.1M | 37% |
MTG
Segment breakdown not available.
