vs

Side-by-side financial comparison of MGIC INVESTMENT CORP (MTG) and ROGERS CORP (ROG). Click either name above to swap in a different company.

MGIC INVESTMENT CORP is the larger business by last-quarter revenue ($297.1M vs $200.5M, roughly 1.5× ROGERS CORP). MGIC INVESTMENT CORP runs the higher net margin — 55.6% vs 2.2%, a 53.4% gap on every dollar of revenue. On growth, ROGERS CORP posted the faster year-over-year revenue change (5.2% vs -3.0%). Over the past eight quarters, MGIC INVESTMENT CORP's revenue compounded faster (-1.4% CAGR vs -3.3%).

MGIC Investment Corporation NYSE: MTG ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin.

Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.

MTG vs ROG — Head-to-Head

Bigger by revenue
MTG
MTG
1.5× larger
MTG
$297.1M
$200.5M
ROG
Growing faster (revenue YoY)
ROG
ROG
+8.2% gap
ROG
5.2%
-3.0%
MTG
Higher net margin
MTG
MTG
53.4% more per $
MTG
55.6%
2.2%
ROG
Faster 2-yr revenue CAGR
MTG
MTG
Annualised
MTG
-1.4%
-3.3%
ROG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MTG
MTG
ROG
ROG
Revenue
$297.1M
$200.5M
Net Profit
$165.3M
$4.5M
Gross Margin
32.2%
Operating Margin
Net Margin
55.6%
2.2%
Revenue YoY
-3.0%
5.2%
Net Profit YoY
-10.9%
421.4%
EPS (diluted)
$0.76
$0.25

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
ROG
ROG
Q1 26
$297.1M
$200.5M
Q4 25
$298.7M
$201.5M
Q3 25
$304.5M
$216.0M
Q2 25
$304.2M
$202.8M
Q1 25
$306.2M
$190.5M
Q4 24
$301.4M
$192.2M
Q3 24
$306.6M
$210.3M
Q2 24
$305.3M
$214.2M
Net Profit
MTG
MTG
ROG
ROG
Q1 26
$165.3M
$4.5M
Q4 25
$169.3M
$4.6M
Q3 25
$191.1M
$8.6M
Q2 25
$192.5M
$-73.6M
Q1 25
$185.5M
$-1.4M
Q4 24
$184.7M
$-500.0K
Q3 24
$200.0M
$10.7M
Q2 24
$204.2M
$8.1M
Gross Margin
MTG
MTG
ROG
ROG
Q1 26
32.2%
Q4 25
31.5%
Q3 25
33.5%
Q2 25
31.6%
Q1 25
29.9%
Q4 24
32.1%
Q3 24
35.2%
Q2 24
34.1%
Operating Margin
MTG
MTG
ROG
ROG
Q1 26
Q4 25
71.2%
3.5%
Q3 25
77.2%
7.3%
Q2 25
80.9%
-33.3%
Q1 25
76.6%
-0.2%
Q4 24
77.9%
-6.6%
Q3 24
82.9%
6.9%
Q2 24
85.1%
5.3%
Net Margin
MTG
MTG
ROG
ROG
Q1 26
55.6%
2.2%
Q4 25
56.7%
2.3%
Q3 25
62.8%
4.0%
Q2 25
63.3%
-36.3%
Q1 25
60.6%
-0.7%
Q4 24
61.3%
-0.3%
Q3 24
65.2%
5.1%
Q2 24
66.9%
3.8%
EPS (diluted)
MTG
MTG
ROG
ROG
Q1 26
$0.76
$0.25
Q4 25
$0.75
$0.20
Q3 25
$0.83
$0.48
Q2 25
$0.81
$-4.00
Q1 25
$0.75
$-0.08
Q4 24
$0.71
$-0.04
Q3 24
$0.77
$0.58
Q2 24
$0.77
$0.44

Balance Sheet & Financial Strength

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

Metric
MTG
MTG
ROG
ROG
Cash + ST InvestmentsLiquidity on hand
$235.1M
$195.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.0B
$1.2B
Total Assets
$6.4B
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTG
MTG
ROG
ROG
Q1 26
$235.1M
$195.8M
Q4 25
$369.0M
$197.0M
Q3 25
$266.9M
$167.8M
Q2 25
$294.9M
$157.2M
Q1 25
$207.0M
$175.6M
Q4 24
$229.5M
$159.8M
Q3 24
$288.6M
$146.4M
Q2 24
$281.8M
$119.9M
Stockholders' Equity
MTG
MTG
ROG
ROG
Q1 26
$5.0B
$1.2B
Q4 25
$5.1B
$1.2B
Q3 25
$5.2B
$1.2B
Q2 25
$5.2B
$1.2B
Q1 25
$5.1B
$1.3B
Q4 24
$5.2B
$1.3B
Q3 24
$5.3B
$1.3B
Q2 24
$5.1B
$1.3B
Total Assets
MTG
MTG
ROG
ROG
Q1 26
$6.4B
$1.4B
Q4 25
$6.6B
$1.4B
Q3 25
$6.6B
$1.4B
Q2 25
$6.5B
$1.5B
Q1 25
$6.5B
$1.5B
Q4 24
$6.5B
$1.5B
Q3 24
$6.7B
$1.5B
Q2 24
$6.5B
$1.5B

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
ROG
ROG
Operating Cash FlowLast quarter
$5.8M
Free Cash FlowOCF − Capex
$1.1M
FCF MarginFCF / Revenue
0.5%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
1.29×
TTM Free Cash FlowTrailing 4 quarters
$70.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTG
MTG
ROG
ROG
Q1 26
$5.8M
Q4 25
$230.8M
$46.9M
Q3 25
$215.4M
$28.9M
Q2 25
$183.0M
$13.7M
Q1 25
$223.7M
$11.7M
Q4 24
$182.4M
$33.7M
Q3 24
$182.9M
$42.4M
Q2 24
$169.2M
$22.9M
Free Cash Flow
MTG
MTG
ROG
ROG
Q1 26
$1.1M
Q4 25
$230.2M
$42.2M
Q3 25
$215.1M
$21.2M
Q2 25
$183.0M
$5.6M
Q1 25
$223.5M
$2.1M
Q4 24
$181.9M
$18.3M
Q3 24
$182.5M
$25.2M
Q2 24
$169.0M
$8.8M
FCF Margin
MTG
MTG
ROG
ROG
Q1 26
0.5%
Q4 25
77.1%
20.9%
Q3 25
70.6%
9.8%
Q2 25
60.1%
2.8%
Q1 25
73.0%
1.1%
Q4 24
60.3%
9.5%
Q3 24
59.5%
12.0%
Q2 24
55.3%
4.1%
Capex Intensity
MTG
MTG
ROG
ROG
Q1 26
2.3%
Q4 25
0.2%
2.3%
Q3 25
0.1%
3.6%
Q2 25
0.0%
4.0%
Q1 25
0.0%
5.0%
Q4 24
0.2%
8.0%
Q3 24
0.1%
8.2%
Q2 24
0.1%
6.6%
Cash Conversion
MTG
MTG
ROG
ROG
Q1 26
1.29×
Q4 25
1.36×
10.20×
Q3 25
1.13×
3.36×
Q2 25
0.95×
Q1 25
1.21×
Q4 24
0.99×
Q3 24
0.91×
3.96×
Q2 24
0.83×
2.83×

Financial Flow Comparison

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

Related Comparisons