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MGIC INVESTMENT CORP（MTG）与OCTAVE SPECIALTY GROUP INC（OSG）财务数据对比。点击上方公司名可切换其他公司
MGIC INVESTMENT CORP的季度营收约是OCTAVE SPECIALTY GROUP INC的7.4倍（$298.7M vs $40.2M）。MGIC INVESTMENT CORP净利率更高（56.7% vs -73.8%，领先130.5%）。OCTAVE SPECIALTY GROUP INC同比增速更快（5.8% vs -0.9%）。过去两年OCTAVE SPECIALTY GROUP INC的营收复合增速更高（50.6% vs 0.7%）
MGIC投资集团（纽交所代码：MTG）是美国专业的私人抵押贷款保险服务商，总部位于威斯康星州密尔沃基市，主要为美国本土住房抵押贷款业务提供保险解决方案，帮助贷款机构管控信用风险，助力普通消费者顺利获得购房贷款支持。
奥克塔夫专业集团是一家专业保险控股企业，主营定制化财产与意外伤害保险产品，核心业务聚焦超额剩余保险领域，为北美地区的商业及个人客户提供定制化风险保障解决方案。
MTG vs OSG — 直观对比
营收规模更大
MTG
是对方的7.4倍
$40.2M
营收增速更快
OSG
高出6.8%
-0.9%
净利率更高
MTG
高出130.5%
-73.8%
两年增速更快
OSG
近两年复合增速
0.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $298.7M | $40.2M |
| 净利润 | $169.3M | $-29.7M |
| 毛利率 | — | — |
| 营业利润率 | 71.2% | -76.7% |
| 净利率 | 56.7% | -73.8% |
| 营收同比 | -0.9% | 5.8% |
| 净利润同比 | -8.3% | -41.7% |
| 每股收益（稀释后） | $0.75 | $-0.82 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MTGOSG
| Q4 25 | $298.7M | $40.2M | ||
| Q3 25 | $304.5M | $36.1M | ||
| Q2 25 | $304.2M | $30.3M | ||
| Q1 25 | $306.2M | $36.8M | ||
| Q4 24 | $301.4M | $38.0M | ||
| Q3 24 | $306.6M | $23.1M | ||
| Q2 24 | $305.3M | $13.2M | ||
| Q1 24 | $294.4M | $17.7M |
净利润MTGOSG
| Q4 25 | $169.3M | $-29.7M | ||
| Q3 25 | $191.1M | $-112.6M | ||
| Q2 25 | $192.5M | $-72.7M | ||
| Q1 25 | $185.5M | $-44.7M | ||
| Q4 24 | $184.7M | $-20.9M | ||
| Q3 24 | $200.0M | $-27.5M | ||
| Q2 24 | $204.2M | $-750.0K | ||
| Q1 24 | $174.1M | $20.8M |
营业利润率MTGOSG
| Q4 25 | 71.2% | -76.7% | ||
| Q3 25 | 77.2% | -89.0% | ||
| Q2 25 | 80.9% | -75.8% | ||
| Q1 25 | 76.6% | -41.1% | ||
| Q4 24 | 77.9% | -55.5% | ||
| Q3 24 | 82.9% | -90.0% | ||
| Q2 24 | 85.1% | -111.6% | ||
| Q1 24 | 74.7% | -18.3% |
净利率MTGOSG
| Q4 25 | 56.7% | -73.8% | ||
| Q3 25 | 62.8% | -312.3% | ||
| Q2 25 | 63.3% | -239.8% | ||
| Q1 25 | 60.6% | -121.7% | ||
| Q4 24 | 61.3% | -55.1% | ||
| Q3 24 | 65.2% | -119.2% | ||
| Q2 24 | 66.9% | -5.7% | ||
| Q1 24 | 59.1% | 117.2% |
每股收益（稀释后）MTGOSG
| Q4 25 | $0.75 | $-0.82 | ||
| Q3 25 | $0.83 | $-2.35 | ||
| Q2 25 | $0.81 | $-1.54 | ||
| Q1 25 | $0.75 | $-1.22 | ||
| Q4 24 | $0.71 | $-11.75 | ||
| Q3 24 | $0.77 | $-0.63 | ||
| Q2 24 | $0.77 | $-0.02 | ||
| Q1 24 | $0.64 | $0.44 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $369.0M | $146.4M |
| 总债务越低越好 | — | $117.6M |
| 股东权益账面价值 | $5.1B | $715.8M |
| 总资产 | $6.6B | $2.2B |
| 负债/权益比越低杠杆越低 | — | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资MTGOSG
| Q4 25 | $369.0M | $146.4M | ||
| Q3 25 | $266.9M | $27.5M | ||
| Q2 25 | $294.9M | $22.5M | ||
| Q1 25 | $207.0M | $34.1M | ||
| Q4 24 | $229.5M | $157.2M | ||
| Q3 24 | $288.6M | $40.8M | ||
| Q2 24 | $281.8M | $14.6M | ||
| Q1 24 | $431.3M | $13.8M |
总债务MTGOSG
| Q4 25 | — | $117.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $518.0M | ||
| Q2 24 | — | $515.0M | ||
| Q1 24 | — | $512.0M |
股东权益MTGOSG
| Q4 25 | $5.1B | $715.8M | ||
| Q3 25 | $5.2B | $843.4M | ||
| Q2 25 | $5.2B | $859.8M | ||
| Q1 25 | $5.1B | $852.2M | ||
| Q4 24 | $5.2B | $798.4M | ||
| Q3 24 | $5.3B | $1.5B | ||
| Q2 24 | $5.1B | $1.4B | ||
| Q1 24 | $5.1B | $1.4B |
总资产MTGOSG
| Q4 25 | $6.6B | $2.2B | ||
| Q3 25 | $6.6B | $2.1B | ||
| Q2 25 | $6.5B | $8.5B | ||
| Q1 25 | $6.5B | $8.3B | ||
| Q4 24 | $6.5B | $8.1B | ||
| Q3 24 | $6.7B | $9.3B | ||
| Q2 24 | $6.5B | $8.2B | ||
| Q1 24 | $6.5B | $8.4B |
负债/权益比MTGOSG
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.38× | ||
| Q1 24 | — | 0.38× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $230.8M | — |
| 自由现金流经营现金流 - 资本支出 | $230.2M | — |
| 自由现金流率自由现金流/营收 | 77.1% | — |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 现金转化率经营现金流/净利润 | 1.36× | — |
| 过去12个月自由现金流最近4个季度 | $851.8M | — |
8季度趋势，按日历期对齐
经营现金流MTGOSG
| Q4 25 | $230.8M | — | ||
| Q3 25 | $215.4M | $-41.2M | ||
| Q2 25 | $183.0M | $2.1M | ||
| Q1 25 | $223.7M | $-12.6M | ||
| Q4 24 | $182.4M | — | ||
| Q3 24 | $182.9M | $48.9M | ||
| Q2 24 | $169.2M | $20.4M | ||
| Q1 24 | $190.5M | $7.1M |
自由现金流MTGOSG
| Q4 25 | $230.2M | — | ||
| Q3 25 | $215.1M | — | ||
| Q2 25 | $183.0M | — | ||
| Q1 25 | $223.5M | — | ||
| Q4 24 | $181.9M | — | ||
| Q3 24 | $182.5M | — | ||
| Q2 24 | $169.0M | — | ||
| Q1 24 | — | — |
自由现金流率MTGOSG
| Q4 25 | 77.1% | — | ||
| Q3 25 | 70.6% | — | ||
| Q2 25 | 60.1% | — | ||
| Q1 25 | 73.0% | — | ||
| Q4 24 | 60.3% | — | ||
| Q3 24 | 59.5% | — | ||
| Q2 24 | 55.3% | — | ||
| Q1 24 | — | — |
资本支出强度MTGOSG
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.1% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.1% | — | ||
| Q1 24 | 0.0% | — |
现金转化率MTGOSG
| 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× | 0.34× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
MTG
暂无分部数据
OSG
| Specialty Property Casualty Program | $23.1M | 57% |
| Accident Health | $9.6M | 24% |
| Specialty Automobile | $3.1M | 8% |
| Niche Specialty Risks | $2.4M | 6% |
| Other | $2.0M | 5% |
