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Side-by-side financial comparison of MGIC INVESTMENT CORP (MTG) and StubHub Holdings, Inc. (STUB). Click either name above to swap in a different company.

StubHub Holdings, Inc. is the larger business by last-quarter revenue ($468.1M vs $298.7M, roughly 1.6× MGIC INVESTMENT CORP). MGIC INVESTMENT CORP runs the higher net margin — 56.7% vs -276.6%, a 333.3% gap on every dollar of revenue. On growth, StubHub Holdings, Inc. posted the faster year-over-year revenue change (7.9% vs -0.9%). MGIC INVESTMENT CORP produced more free cash flow last quarter ($230.2M vs $180.3M).

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

StubHub Holdings operates a leading global online ticket marketplace for live entertainment events. It facilitates secure resale and direct purchase of tickets for concerts, sports matches, theater performances and other live experiences, serving consumers, event organizers and sellers across North America, Europe and Asia-Pacific.

MTG vs STUB — Head-to-Head

Bigger by revenue
STUB
STUB
1.6× larger
STUB
$468.1M
$298.7M
MTG
Growing faster (revenue YoY)
STUB
STUB
+8.8% gap
STUB
7.9%
-0.9%
MTG
Higher net margin
MTG
MTG
333.3% more per $
MTG
56.7%
-276.6%
STUB
More free cash flow
MTG
MTG
$49.9M more FCF
MTG
$230.2M
$180.3M
STUB

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
MTG
MTG
STUB
STUB
Revenue
$298.7M
$468.1M
Net Profit
$169.3M
$-1.3B
Gross Margin
Operating Margin
71.2%
-292.3%
Net Margin
56.7%
-276.6%
Revenue YoY
-0.9%
7.9%
Net Profit YoY
-8.3%
-3821.6%
EPS (diluted)
$0.75
$-4.27

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
STUB
STUB
Q4 25
$298.7M
Q3 25
$304.5M
$468.1M
Q2 25
$304.2M
Q1 25
$306.2M
Q4 24
$301.4M
Q3 24
$306.6M
$433.8M
Q2 24
$305.3M
Q1 24
$294.4M
Net Profit
MTG
MTG
STUB
STUB
Q4 25
$169.3M
Q3 25
$191.1M
$-1.3B
Q2 25
$192.5M
Q1 25
$185.5M
Q4 24
$184.7M
Q3 24
$200.0M
$-33.0M
Q2 24
$204.2M
Q1 24
$174.1M
Operating Margin
MTG
MTG
STUB
STUB
Q4 25
71.2%
Q3 25
77.2%
-292.3%
Q2 25
80.9%
Q1 25
76.6%
Q4 24
77.9%
Q3 24
82.9%
2.8%
Q2 24
85.1%
Q1 24
74.7%
Net Margin
MTG
MTG
STUB
STUB
Q4 25
56.7%
Q3 25
62.8%
-276.6%
Q2 25
63.3%
Q1 25
60.6%
Q4 24
61.3%
Q3 24
65.2%
-7.6%
Q2 24
66.9%
Q1 24
59.1%
EPS (diluted)
MTG
MTG
STUB
STUB
Q4 25
$0.75
Q3 25
$0.83
$-4.27
Q2 25
$0.81
Q1 25
$0.75
Q4 24
$0.71
Q3 24
$0.77
$-0.15
Q2 24
$0.77
Q1 24
$0.64

Balance Sheet & Financial Strength

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

Metric
MTG
MTG
STUB
STUB
Cash + ST InvestmentsLiquidity on hand
$369.0M
$1.4B
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$5.1B
$1.7B
Total Assets
$6.6B
$5.6B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTG
MTG
STUB
STUB
Q4 25
$369.0M
Q3 25
$266.9M
$1.4B
Q2 25
$294.9M
Q1 25
$207.0M
Q4 24
$229.5M
Q3 24
$288.6M
$1.1B
Q2 24
$281.8M
Q1 24
$431.3M
Total Debt
MTG
MTG
STUB
STUB
Q4 25
Q3 25
$1.7B
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MTG
MTG
STUB
STUB
Q4 25
$5.1B
Q3 25
$5.2B
$1.7B
Q2 25
$5.2B
Q1 25
$5.1B
Q4 24
$5.2B
Q3 24
$5.3B
$815.9M
Q2 24
$5.1B
Q1 24
$5.1B
Total Assets
MTG
MTG
STUB
STUB
Q4 25
$6.6B
Q3 25
$6.6B
$5.6B
Q2 25
$6.5B
Q1 25
$6.5B
Q4 24
$6.5B
Q3 24
$6.7B
Q2 24
$6.5B
Q1 24
$6.5B
Debt / Equity
MTG
MTG
STUB
STUB
Q4 25
Q3 25
0.98×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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
STUB
STUB
Operating Cash FlowLast quarter
$230.8M
$181.4M
Free Cash FlowOCF − Capex
$230.2M
$180.3M
FCF MarginFCF / Revenue
77.1%
38.5%
Capex IntensityCapex / Revenue
0.2%
0.2%
Cash ConversionOCF / Net Profit
1.36×
TTM Free Cash FlowTrailing 4 quarters
$851.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTG
MTG
STUB
STUB
Q4 25
$230.8M
Q3 25
$215.4M
$181.4M
Q2 25
$183.0M
Q1 25
$223.7M
Q4 24
$182.4M
Q3 24
$182.9M
Q2 24
$169.2M
Q1 24
$190.5M
Free Cash Flow
MTG
MTG
STUB
STUB
Q4 25
$230.2M
Q3 25
$215.1M
$180.3M
Q2 25
$183.0M
Q1 25
$223.5M
Q4 24
$181.9M
Q3 24
$182.5M
Q2 24
$169.0M
Q1 24
FCF Margin
MTG
MTG
STUB
STUB
Q4 25
77.1%
Q3 25
70.6%
38.5%
Q2 25
60.1%
Q1 25
73.0%
Q4 24
60.3%
Q3 24
59.5%
Q2 24
55.3%
Q1 24
Capex Intensity
MTG
MTG
STUB
STUB
Q4 25
0.2%
Q3 25
0.1%
0.2%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.2%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
0.0%
Cash Conversion
MTG
MTG
STUB
STUB
Q4 25
1.36×
Q3 25
1.13×
Q2 25
0.95×
Q1 25
1.21×
Q4 24
0.99×
Q3 24
0.91×
Q2 24
0.83×
Q1 24
1.09×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MTG
MTG

Segment breakdown not available.

STUB
STUB

Transaction Fees$453.4M97%
Other$14.7M3%

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