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Side-by-side financial comparison of MGIC INVESTMENT CORP (MTG) and ONESPAWORLD HOLDINGS Ltd (OSW). Click either name above to swap in a different company.
MGIC INVESTMENT CORP is the larger business by last-quarter revenue ($297.1M vs $242.1M, roughly 1.2× ONESPAWORLD HOLDINGS Ltd). MGIC INVESTMENT CORP runs the higher net margin — 55.6% vs 5.0%, a 50.7% gap on every dollar of revenue. On growth, ONESPAWORLD HOLDINGS Ltd posted the faster year-over-year revenue change (11.5% vs -3.0%). Over the past eight quarters, ONESPAWORLD HOLDINGS Ltd's revenue compounded faster (7.1% CAGR vs -1.4%).
MGIC Investment Corporation NYSE: MTG ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin.
MTG vs OSW — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $297.1M | $242.1M |
| Net Profit | $165.3M | $12.1M |
| Gross Margin | — | — |
| Operating Margin | — | 6.8% |
| Net Margin | 55.6% | 5.0% |
| Revenue YoY | -3.0% | 11.5% |
| Net Profit YoY | -10.9% | -16.2% |
| EPS (diluted) | $0.76 | $0.12 |
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 | $297.1M | — | ||
| Q4 25 | $298.7M | $242.1M | ||
| Q3 25 | $304.5M | $258.5M | ||
| Q2 25 | $304.2M | $240.7M | ||
| Q1 25 | $306.2M | $219.6M | ||
| Q4 24 | $301.4M | $217.2M | ||
| Q3 24 | $306.6M | $241.7M | ||
| Q2 24 | $305.3M | $224.9M |
| Q1 26 | $165.3M | — | ||
| Q4 25 | $169.3M | $12.1M | ||
| Q3 25 | $191.1M | $24.3M | ||
| Q2 25 | $192.5M | $19.9M | ||
| Q1 25 | $185.5M | $15.3M | ||
| Q4 24 | $184.7M | $14.4M | ||
| Q3 24 | $200.0M | $21.6M | ||
| Q2 24 | $204.2M | $15.8M |
| Q1 26 | — | — | ||
| Q4 25 | 71.2% | 6.8% | ||
| Q3 25 | 77.2% | 10.2% | ||
| Q2 25 | 80.9% | 9.2% | ||
| Q1 25 | 76.6% | 7.7% | ||
| Q4 24 | 77.9% | 7.9% | ||
| Q3 24 | 82.9% | 10.3% | ||
| Q2 24 | 85.1% | 8.4% |
| Q1 26 | 55.6% | — | ||
| Q4 25 | 56.7% | 5.0% | ||
| Q3 25 | 62.8% | 9.4% | ||
| Q2 25 | 63.3% | 8.3% | ||
| Q1 25 | 60.6% | 7.0% | ||
| Q4 24 | 61.3% | 6.6% | ||
| Q3 24 | 65.2% | 8.9% | ||
| Q2 24 | 66.9% | 7.0% |
| Q1 26 | $0.76 | — | ||
| Q4 25 | $0.75 | $0.12 | ||
| Q3 25 | $0.83 | $0.23 | ||
| Q2 25 | $0.81 | $0.19 | ||
| Q1 25 | $0.75 | $0.15 | ||
| Q4 24 | $0.71 | $0.13 | ||
| Q3 24 | $0.77 | $0.20 | ||
| Q2 24 | $0.77 | $0.15 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $235.1M | $16.3M |
| Total DebtLower is stronger | — | $84.0M |
| Stockholders' EquityBook value | $5.0B | $542.6M |
| Total Assets | $6.4B | $707.1M |
| Debt / EquityLower = less leverage | — | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $235.1M | — | ||
| Q4 25 | $369.0M | $16.3M | ||
| Q3 25 | $266.9M | $29.6M | ||
| Q2 25 | $294.9M | $35.0M | ||
| Q1 25 | $207.0M | $22.6M | ||
| Q4 24 | $229.5M | $57.4M | ||
| Q3 24 | $288.6M | $48.8M | ||
| Q2 24 | $281.8M | $62.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $84.0M | ||
| Q3 25 | — | $85.2M | ||
| Q2 25 | — | $96.2M | ||
| Q1 25 | — | $97.4M | ||
| Q4 24 | — | $98.6M | ||
| Q3 24 | — | $98.7M | ||
| Q2 24 | — | $123.8M |
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.1B | $542.6M | ||
| Q3 25 | $5.2B | $552.8M | ||
| Q2 25 | $5.2B | $548.3M | ||
| Q1 25 | $5.1B | $530.6M | ||
| Q4 24 | $5.2B | $554.5M | ||
| Q3 24 | $5.3B | $540.1M | ||
| Q2 24 | $5.1B | $532.7M |
| Q1 26 | $6.4B | — | ||
| Q4 25 | $6.6B | $707.1M | ||
| Q3 25 | $6.6B | $732.6M | ||
| Q2 25 | $6.5B | $731.8M | ||
| Q1 25 | $6.5B | $708.7M | ||
| Q4 24 | $6.5B | $746.4M | ||
| Q3 24 | $6.7B | $734.0M | ||
| Q2 24 | $6.5B | $756.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.18× | ||
| Q1 25 | — | 0.18× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.23× |
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 | — | $20.0M |
| Free Cash FlowOCF − Capex | — | $14.9M |
| FCF MarginFCF / Revenue | — | 6.2% |
| Capex IntensityCapex / Revenue | — | 2.1% |
| Cash ConversionOCF / Net Profit | — | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | — | $68.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $230.8M | $20.0M | ||
| Q3 25 | $215.4M | $33.2M | ||
| Q2 25 | $183.0M | $20.3M | ||
| Q1 25 | $223.7M | $10.1M | ||
| Q4 24 | $182.4M | $16.6M | ||
| Q3 24 | $182.9M | $28.6M | ||
| Q2 24 | $169.2M | $18.7M |
| Q1 26 | — | — | ||
| Q4 25 | $230.2M | $14.9M | ||
| Q3 25 | $215.1M | $27.6M | ||
| Q2 25 | $183.0M | $17.6M | ||
| Q1 25 | $223.5M | $8.4M | ||
| Q4 24 | $181.9M | $13.2M | ||
| Q3 24 | $182.5M | $27.5M | ||
| Q2 24 | $169.0M | $17.6M |
| Q1 26 | — | — | ||
| Q4 25 | 77.1% | 6.2% | ||
| Q3 25 | 70.6% | 10.7% | ||
| Q2 25 | 60.1% | 7.3% | ||
| Q1 25 | 73.0% | 3.8% | ||
| Q4 24 | 60.3% | 6.1% | ||
| Q3 24 | 59.5% | 11.4% | ||
| Q2 24 | 55.3% | 7.8% |
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 2.1% | ||
| Q3 25 | 0.1% | 2.2% | ||
| Q2 25 | 0.0% | 1.1% | ||
| Q1 25 | 0.0% | 0.8% | ||
| Q4 24 | 0.2% | 1.5% | ||
| Q3 24 | 0.1% | 0.5% | ||
| Q2 24 | 0.1% | 0.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.36× | 1.65× | ||
| Q3 25 | 1.13× | 1.36× | ||
| Q2 25 | 0.95× | 1.02× | ||
| Q1 25 | 1.21× | 0.66× | ||
| Q4 24 | 0.99× | 1.15× | ||
| Q3 24 | 0.91× | 1.33× | ||
| Q2 24 | 0.83× | 1.19× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MTG
Segment breakdown not available.
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
