vs
Side-by-side financial comparison of MGIC INVESTMENT CORP (MTG) and Ralliant Corp (RAL). Click either name above to swap in a different company.
Ralliant Corp is the larger business by last-quarter revenue ($554.6M vs $297.1M, roughly 1.9× MGIC INVESTMENT CORP). MGIC INVESTMENT CORP runs the higher net margin — 55.6% vs -220.4%, a 276.1% gap on every dollar of revenue. On growth, Ralliant Corp posted the faster year-over-year revenue change (1.2% vs -3.0%).
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 RAL — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $297.1M | $554.6M |
| Net Profit | $165.3M | $-1.2B |
| Gross Margin | — | 50.5% |
| Operating Margin | — | — |
| Net Margin | 55.6% | -220.4% |
| Revenue YoY | -3.0% | 1.2% |
| Net Profit YoY | -10.9% | — |
| EPS (diluted) | $0.76 | $-12.10 |
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 | $554.6M | ||
| Q4 25 | $298.7M | — | ||
| Q3 25 | $304.5M | $529.1M | ||
| Q2 25 | $304.2M | $503.3M | ||
| Q1 25 | $306.2M | — | ||
| Q4 24 | $301.4M | — | ||
| Q3 24 | $306.6M | $531.7M | ||
| Q2 24 | $305.3M | $533.7M |
| Q1 26 | $165.3M | $-1.2B | ||
| Q4 25 | $169.3M | — | ||
| Q3 25 | $191.1M | $39.9M | ||
| Q2 25 | $192.5M | $47.6M | ||
| Q1 25 | $185.5M | — | ||
| Q4 24 | $184.7M | — | ||
| Q3 24 | $200.0M | $90.9M | ||
| Q2 24 | $204.2M | $64.8M |
| Q1 26 | — | 50.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 50.8% | ||
| Q2 25 | — | 49.3% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 52.6% | ||
| Q2 24 | — | 51.5% |
| Q1 26 | — | — | ||
| Q4 25 | 71.2% | — | ||
| Q3 25 | 77.2% | 9.8% | ||
| Q2 25 | 80.9% | 11.7% | ||
| Q1 25 | 76.6% | — | ||
| Q4 24 | 77.9% | — | ||
| Q3 24 | 82.9% | 20.9% | ||
| Q2 24 | 85.1% | 19.7% |
| Q1 26 | 55.6% | -220.4% | ||
| Q4 25 | 56.7% | — | ||
| Q3 25 | 62.8% | 7.5% | ||
| Q2 25 | 63.3% | 9.5% | ||
| Q1 25 | 60.6% | — | ||
| Q4 24 | 61.3% | — | ||
| Q3 24 | 65.2% | 17.1% | ||
| Q2 24 | 66.9% | 12.1% |
| Q1 26 | $0.76 | $-12.10 | ||
| Q4 25 | $0.75 | — | ||
| Q3 25 | $0.83 | $0.35 | ||
| Q2 25 | $0.81 | $0.42 | ||
| Q1 25 | $0.75 | — | ||
| Q4 24 | $0.71 | — | ||
| Q3 24 | $0.77 | $0.81 | ||
| Q2 24 | $0.77 | $0.57 |
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 | $318.8M |
| Total DebtLower is stronger | — | $1.1B |
| Stockholders' EquityBook value | $5.0B | $1.6B |
| Total Assets | $6.4B | $3.8B |
| Debt / EquityLower = less leverage | — | 0.70× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $235.1M | $318.8M | ||
| Q4 25 | $369.0M | — | ||
| Q3 25 | $266.9M | $264.2M | ||
| Q2 25 | $294.9M | $198.6M | ||
| Q1 25 | $207.0M | — | ||
| Q4 24 | $229.5M | — | ||
| Q3 24 | $288.6M | — | ||
| Q2 24 | $281.8M | — |
| Q1 26 | — | $1.1B | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $5.0B | $1.6B | ||
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.2B | $3.0B | ||
| Q2 25 | $5.2B | $3.0B | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.2B | — | ||
| Q3 24 | $5.3B | $4.0B | ||
| Q2 24 | $5.1B | $4.0B |
| Q1 26 | $6.4B | $3.8B | ||
| Q4 25 | $6.6B | — | ||
| Q3 25 | $6.6B | $5.3B | ||
| Q2 25 | $6.5B | $5.2B | ||
| Q1 25 | $6.5B | — | ||
| Q4 24 | $6.5B | — | ||
| Q3 24 | $6.7B | — | ||
| Q2 24 | $6.5B | — |
| Q1 26 | — | 0.70× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.39× | ||
| Q2 25 | — | 0.38× | ||
| 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 | — | $397.6M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 1.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $397.6M | ||
| Q4 25 | $230.8M | — | ||
| Q3 25 | $215.4M | $138.6M | ||
| Q2 25 | $183.0M | — | ||
| Q1 25 | $223.7M | — | ||
| Q4 24 | $182.4M | — | ||
| Q3 24 | $182.9M | — | ||
| Q2 24 | $169.2M | — |
| Q1 26 | — | — | ||
| Q4 25 | $230.2M | — | ||
| Q3 25 | $215.1M | $126.6M | ||
| Q2 25 | $183.0M | — | ||
| Q1 25 | $223.5M | — | ||
| Q4 24 | $181.9M | — | ||
| Q3 24 | $182.5M | — | ||
| Q2 24 | $169.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 77.1% | — | ||
| Q3 25 | 70.6% | 23.9% | ||
| Q2 25 | 60.1% | — | ||
| Q1 25 | 73.0% | — | ||
| Q4 24 | 60.3% | — | ||
| Q3 24 | 59.5% | — | ||
| Q2 24 | 55.3% | — |
| Q1 26 | — | 1.8% | ||
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.1% | 2.3% | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.36× | — | ||
| Q3 25 | 1.13× | 3.47× | ||
| Q2 25 | 0.95× | — | ||
| Q1 25 | 1.21× | — | ||
| Q4 24 | 0.99× | — | ||
| Q3 24 | 0.91× | — | ||
| Q2 24 | 0.83× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
