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Side-by-side financial comparison of MGIC INVESTMENT CORP (MTG) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.

MGIC INVESTMENT CORP is the larger business by last-quarter revenue ($297.1M vs $151.1M, roughly 2.0× STURM RUGER & CO INC). On growth, STURM RUGER & CO INC posted the faster year-over-year revenue change (3.6% vs -3.0%). Over the past eight quarters, STURM RUGER & CO INC's revenue compounded faster (5.1% 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.

Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.

MTG vs RGR — Head-to-Head

Bigger by revenue
MTG
MTG
2.0× larger
MTG
$297.1M
$151.1M
RGR
Growing faster (revenue YoY)
RGR
RGR
+6.6% gap
RGR
3.6%
-3.0%
MTG
Faster 2-yr revenue CAGR
RGR
RGR
Annualised
RGR
5.1%
-1.4%
MTG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MTG
MTG
RGR
RGR
Revenue
$297.1M
$151.1M
Net Profit
$165.3M
Gross Margin
17.8%
Operating Margin
2.3%
Net Margin
55.6%
Revenue YoY
-3.0%
3.6%
Net Profit YoY
-10.9%
EPS (diluted)
$0.76
$0.22

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.

Revenue
MTG
MTG
RGR
RGR
Q1 26
$297.1M
Q4 25
$298.7M
$151.1M
Q3 25
$304.5M
$126.8M
Q2 25
$304.2M
$132.5M
Q1 25
$306.2M
$135.7M
Q4 24
$301.4M
$145.8M
Q3 24
$306.6M
$122.3M
Q2 24
$305.3M
$130.8M
Net Profit
MTG
MTG
RGR
RGR
Q1 26
$165.3M
Q4 25
$169.3M
Q3 25
$191.1M
$1.6M
Q2 25
$192.5M
$-17.2M
Q1 25
$185.5M
$7.8M
Q4 24
$184.7M
Q3 24
$200.0M
$4.7M
Q2 24
$204.2M
$8.3M
Gross Margin
MTG
MTG
RGR
RGR
Q1 26
Q4 25
17.8%
Q3 25
15.1%
Q2 25
3.9%
Q1 25
22.0%
Q4 24
22.8%
Q3 24
18.5%
Q2 24
22.3%
Operating Margin
MTG
MTG
RGR
RGR
Q1 26
Q4 25
71.2%
2.3%
Q3 25
77.2%
-2.7%
Q2 25
80.9%
-15.6%
Q1 25
76.6%
6.2%
Q4 24
77.9%
7.8%
Q3 24
82.9%
3.1%
Q2 24
85.1%
6.9%
Net Margin
MTG
MTG
RGR
RGR
Q1 26
55.6%
Q4 25
56.7%
Q3 25
62.8%
1.2%
Q2 25
63.3%
-13.0%
Q1 25
60.6%
5.7%
Q4 24
61.3%
Q3 24
65.2%
3.9%
Q2 24
66.9%
6.3%
EPS (diluted)
MTG
MTG
RGR
RGR
Q1 26
$0.76
Q4 25
$0.75
$0.22
Q3 25
$0.83
$0.10
Q2 25
$0.81
$-1.05
Q1 25
$0.75
$0.46
Q4 24
$0.71
$0.62
Q3 24
$0.77
$0.28
Q2 24
$0.77
$0.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MTG
MTG
RGR
RGR
Cash + ST InvestmentsLiquidity on hand
$235.1M
$92.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.0B
$283.8M
Total Assets
$6.4B
$342.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTG
MTG
RGR
RGR
Q1 26
$235.1M
Q4 25
$369.0M
$92.5M
Q3 25
$266.9M
$80.8M
Q2 25
$294.9M
$101.4M
Q1 25
$207.0M
$108.3M
Q4 24
$229.5M
$105.5M
Q3 24
$288.6M
$96.0M
Q2 24
$281.8M
$105.6M
Stockholders' Equity
MTG
MTG
RGR
RGR
Q1 26
$5.0B
Q4 25
$5.1B
$283.8M
Q3 25
$5.2B
$279.6M
Q2 25
$5.2B
$289.3M
Q1 25
$5.1B
$321.5M
Q4 24
$5.2B
$319.6M
Q3 24
$5.3B
$314.9M
Q2 24
$5.1B
$321.5M
Total Assets
MTG
MTG
RGR
RGR
Q1 26
$6.4B
Q4 25
$6.6B
$342.0M
Q3 25
$6.6B
$342.3M
Q2 25
$6.5B
$349.5M
Q1 25
$6.5B
$379.0M
Q4 24
$6.5B
$384.0M
Q3 24
$6.7B
$373.5M
Q2 24
$6.5B
$376.7M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MTG
MTG
RGR
RGR
Operating Cash FlowLast quarter
$15.5M
Free Cash FlowOCF − Capex
$12.3M
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$38.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTG
MTG
RGR
RGR
Q1 26
Q4 25
$230.8M
$15.5M
Q3 25
$215.4M
$12.9M
Q2 25
$183.0M
$14.7M
Q1 25
$223.7M
$11.1M
Q4 24
$182.4M
$20.0M
Q3 24
$182.9M
$9.4M
Q2 24
$169.2M
$18.7M
Free Cash Flow
MTG
MTG
RGR
RGR
Q1 26
Q4 25
$230.2M
$12.3M
Q3 25
$215.1M
$7.0M
Q2 25
$183.0M
$9.1M
Q1 25
$223.5M
$10.0M
Q4 24
$181.9M
$16.4M
Q3 24
$182.5M
$2.6M
Q2 24
$169.0M
$10.1M
FCF Margin
MTG
MTG
RGR
RGR
Q1 26
Q4 25
77.1%
8.2%
Q3 25
70.6%
5.5%
Q2 25
60.1%
6.9%
Q1 25
73.0%
7.4%
Q4 24
60.3%
11.2%
Q3 24
59.5%
2.1%
Q2 24
55.3%
7.7%
Capex Intensity
MTG
MTG
RGR
RGR
Q1 26
Q4 25
0.2%
2.1%
Q3 25
0.1%
4.6%
Q2 25
0.0%
4.2%
Q1 25
0.0%
0.8%
Q4 24
0.2%
2.5%
Q3 24
0.1%
5.5%
Q2 24
0.1%
6.6%
Cash Conversion
MTG
MTG
RGR
RGR
Q1 26
Q4 25
1.36×
Q3 25
1.13×
8.15×
Q2 25
0.95×
Q1 25
1.21×
1.43×
Q4 24
0.99×
Q3 24
0.91×
1.98×
Q2 24
0.83×
2.27×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MTG
MTG

Segment breakdown not available.

RGR
RGR

Firearms$150.6M100%
Castings$7.3M5%

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