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

SHOE CARNIVAL INC is the larger business by last-quarter revenue ($297.2M vs $297.1M, roughly 1.0× MGIC INVESTMENT CORP). MGIC INVESTMENT CORP runs the higher net margin — 55.6% vs 4.9%, a 50.7% gap on every dollar of revenue. On growth, MGIC INVESTMENT CORP posted the faster year-over-year revenue change (-3.0% vs -3.2%). Over the past eight quarters, SHOE CARNIVAL INC's revenue compounded faster (3.0% 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.

Shoe Carnival Inc. is an American retailer of family footwear. The company operates 429 stores throughout the midwest, south, and southeast regions, and Puerto Rico. It was founded by David Russell in 1978 and is headquartered in Fort Mill, South Carolina as of 2025.

MTG vs SCVL — Head-to-Head

Bigger by revenue
SCVL
SCVL
1.0× larger
SCVL
$297.2M
$297.1M
MTG
Growing faster (revenue YoY)
MTG
MTG
+0.2% gap
MTG
-3.0%
-3.2%
SCVL
Higher net margin
MTG
MTG
50.7% more per $
MTG
55.6%
4.9%
SCVL
Faster 2-yr revenue CAGR
SCVL
SCVL
Annualised
SCVL
3.0%
-1.4%
MTG

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
MTG
MTG
SCVL
SCVL
Revenue
$297.1M
$297.2M
Net Profit
$165.3M
$14.6M
Gross Margin
37.6%
Operating Margin
6.3%
Net Margin
55.6%
4.9%
Revenue YoY
-3.0%
-3.2%
Net Profit YoY
-10.9%
-23.9%
EPS (diluted)
$0.76
$0.53

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
SCVL
SCVL
Q1 26
$297.1M
Q4 25
$298.7M
$297.2M
Q3 25
$304.5M
$306.4M
Q2 25
$304.2M
$277.7M
Q1 25
$306.2M
$262.9M
Q4 24
$301.4M
$306.9M
Q3 24
$306.6M
$332.7M
Q2 24
$305.3M
$300.4M
Net Profit
MTG
MTG
SCVL
SCVL
Q1 26
$165.3M
Q4 25
$169.3M
$14.6M
Q3 25
$191.1M
$19.2M
Q2 25
$192.5M
$9.3M
Q1 25
$185.5M
$14.7M
Q4 24
$184.7M
$19.2M
Q3 24
$200.0M
$22.6M
Q2 24
$204.2M
$17.3M
Gross Margin
MTG
MTG
SCVL
SCVL
Q1 26
Q4 25
37.6%
Q3 25
38.8%
Q2 25
34.5%
Q1 25
34.9%
Q4 24
36.0%
Q3 24
36.1%
Q2 24
35.6%
Operating Margin
MTG
MTG
SCVL
SCVL
Q1 26
Q4 25
71.2%
6.3%
Q3 25
77.2%
8.2%
Q2 25
80.9%
4.3%
Q1 25
76.6%
5.3%
Q4 24
77.9%
8.0%
Q3 24
82.9%
9.0%
Q2 24
85.1%
7.5%
Net Margin
MTG
MTG
SCVL
SCVL
Q1 26
55.6%
Q4 25
56.7%
4.9%
Q3 25
62.8%
6.3%
Q2 25
63.3%
3.4%
Q1 25
60.6%
5.6%
Q4 24
61.3%
6.3%
Q3 24
65.2%
6.8%
Q2 24
66.9%
5.8%
EPS (diluted)
MTG
MTG
SCVL
SCVL
Q1 26
$0.76
Q4 25
$0.75
$0.53
Q3 25
$0.83
$0.70
Q2 25
$0.81
$0.34
Q1 25
$0.75
$0.53
Q4 24
$0.71
$0.70
Q3 24
$0.77
$0.82
Q2 24
$0.77
$0.63

Balance Sheet & Financial Strength

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

Metric
MTG
MTG
SCVL
SCVL
Cash + ST InvestmentsLiquidity on hand
$235.1M
$107.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.0B
$683.2M
Total Assets
$6.4B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTG
MTG
SCVL
SCVL
Q1 26
$235.1M
Q4 25
$369.0M
$107.7M
Q3 25
$266.9M
$91.9M
Q2 25
$294.9M
$93.0M
Q1 25
$207.0M
$123.1M
Q4 24
$229.5M
$91.1M
Q3 24
$288.6M
$84.5M
Q2 24
$281.8M
$69.5M
Stockholders' Equity
MTG
MTG
SCVL
SCVL
Q1 26
$5.0B
Q4 25
$5.1B
$683.2M
Q3 25
$5.2B
$670.7M
Q2 25
$5.2B
$653.6M
Q1 25
$5.1B
$649.0M
Q4 24
$5.2B
$635.7M
Q3 24
$5.3B
$618.5M
Q2 24
$5.1B
$597.8M
Total Assets
MTG
MTG
SCVL
SCVL
Q1 26
$6.4B
Q4 25
$6.6B
$1.2B
Q3 25
$6.6B
$1.2B
Q2 25
$6.5B
$1.1B
Q1 25
$6.5B
$1.1B
Q4 24
$6.5B
$1.1B
Q3 24
$6.7B
$1.1B
Q2 24
$6.5B
$1.1B

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
SCVL
SCVL
Operating Cash FlowLast quarter
$33.6M
Free Cash FlowOCF − Capex
$19.7M
FCF MarginFCF / Revenue
6.6%
Capex IntensityCapex / Revenue
4.7%
Cash ConversionOCF / Net Profit
2.30×
TTM Free Cash FlowTrailing 4 quarters
$35.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTG
MTG
SCVL
SCVL
Q1 26
Q4 25
$230.8M
$33.6M
Q3 25
$215.4M
$13.3M
Q2 25
$183.0M
$-9.6M
Q1 25
$223.7M
$44.5M
Q4 24
$182.4M
$17.3M
Q3 24
$182.9M
$23.7M
Q2 24
$169.2M
$17.1M
Free Cash Flow
MTG
MTG
SCVL
SCVL
Q1 26
Q4 25
$230.2M
$19.7M
Q3 25
$215.1M
$2.2M
Q2 25
$183.0M
$-23.0M
Q1 25
$223.5M
$36.2M
Q4 24
$181.9M
$8.3M
Q3 24
$182.5M
$18.2M
Q2 24
$169.0M
$6.9M
FCF Margin
MTG
MTG
SCVL
SCVL
Q1 26
Q4 25
77.1%
6.6%
Q3 25
70.6%
0.7%
Q2 25
60.1%
-8.3%
Q1 25
73.0%
13.8%
Q4 24
60.3%
2.7%
Q3 24
59.5%
5.5%
Q2 24
55.3%
2.3%
Capex Intensity
MTG
MTG
SCVL
SCVL
Q1 26
Q4 25
0.2%
4.7%
Q3 25
0.1%
3.6%
Q2 25
0.0%
4.8%
Q1 25
0.0%
3.2%
Q4 24
0.2%
3.0%
Q3 24
0.1%
1.7%
Q2 24
0.1%
3.4%
Cash Conversion
MTG
MTG
SCVL
SCVL
Q1 26
Q4 25
1.36×
2.30×
Q3 25
1.13×
0.69×
Q2 25
0.95×
-1.03×
Q1 25
1.21×
3.04×
Q4 24
0.99×
0.90×
Q3 24
0.91×
1.05×
Q2 24
0.83×
0.99×

Financial Flow Comparison

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

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