MBIA Inc (MBI)

MBIA Inc., together with its subsidiaries, provides financial guarantee insurance services to public finance markets in the United States. It operates through United States (U.S.) Public Finance Insurance, Corporate, and International and Structured Finance Insurance segments. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S. political subdivisions, as well as utilities, airports, health care institutions, higher educational facilities, housing authorities, and other similar agencies and obligations issued by private entities. It also insures non-U.S. public finance and global structured finance, including asset-backed obligations; sovereign-related and sub-sovereign bonds, utilities, and privately issued bonds used for the financing for toll roads, bridges, public transportation facilities, and other types of infrastructure projects; and structured finance and asset-backed obligations comprising residential and commercial mortgages, consumer loans, and structured settlements. as well as offers third-party reinsurance agreements. MBIA Inc. was founded in 1973 and is headquartered in Purchase, New York.

Symbol
MBI
Exchange
NYSE
Sector
Financial Services
Industry
Insurance - Specialty
Market cap
$227.39M
52 week range
4.33 - 8.17

Valuation

Share price
$4.51 (close of 2026-09-23)
P/E (TTM)
-1.57x
Price to book
-0.10x
Price to free cash flow
5.29x
Enterprise value
$3.50B
Book value per share
$-46.18

Price performance

PeriodChange
1 day-0.66%
5 days+0.22%
1 month-7.96%
3 months-28.18%
6 months-23.56%
Year to date-37.01%
1 year-42.11%
3 years-40.42%
5 years-59.73%
10 years-42.91%
All time-38.47%

Profitability and growth

Return on equity
7.94%
Return on assets
-8.79%
Net margin
-221.25%
EBITDA margin
23.75%
Revenue growth
90.48%
Net income growth
-140.69%
Free cash flow growth
121.59%

Cash flow and balance sheet

Free cash flow yield (TTM)
18.91%
Net debt to EBITDA
64.18x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$80.00M
EBITDA
$19.00M
Net income
$-177.00M
Earnings per share
$-3.58
Interest expense
$196.00M
Shares outstanding
49.28M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$80.00M$-177.00M$-3.58
2024-12-31$42.00M$435.00M$-9.43
2023-12-31$7.00M$477.00M$-10.18
2022-12-31$154.00M$-195.00M$-3.92
2021-12-31$189.00M$-445.00M$-8.99
2020-12-31$282.00M$-578.00M$-9.78
2019-12-31$280.00M$-359.00M$-4.43
2018-12-31$162.00M$-296.00M$-3.33
2017-12-31$433.00M$-1.60B$-13.50
2016-12-31$294.00M$-338.00M$-2.54

Margins and returns by year

Period endNet marginReturn on equity
2025-12-31-221.25%7.94%
2024-12-311035.71%-20.95%
2023-12-316814.29%-28.96%
2022-12-31-126.62%22.26%
2021-12-31-235.45%148.33%
2020-12-31-204.96%-387.92%
2019-12-31-128.21%-42.79%
2018-12-31-182.72%-26.15%
2017-12-31-370.67%-112.63%
2016-12-31-114.97%-10.44%

Cash and debt by year

Period endCashDebt
2025-12-31$71.00M-
2024-12-31$87.00M-
2023-12-31$108.00M-
2022-12-31$78.00M-
2021-12-31$160.00M-
2020-12-31$167.00M-
2019-12-31$83.00M$2.23B
2018-12-31$280.00M$2.25B
2017-12-31$146.00M$2.12B
2016-12-31$187.00M$1.99B

Free cash flow by year

Period endFree cash flow
2025-12-31$38.00M
2024-12-31$-176.00M
2023-12-31$-195.00M
2022-12-31$-418.00M
2021-12-31$510.00M
2020-12-31$-390.00M
2019-12-31$-368.00M
2018-12-31$-320.00M
2017-12-31$-653.00M
2016-12-31$-150.00M

Dividend history

Most recent payment
2023-12-26
Payment dateDividend per share
2023-12-26$8.00
2007-12-19$0.34
2007-09-19$0.34
2007-06-20$0.34
2007-03-21$0.34
2006-12-20$0.31
2006-09-20$0.31
2006-06-21$0.31

Investor relations

Next earnings report

Next confirmed report
2026-11-03

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-06Jun/2026-
2026-05-07--
2026-02-26--
2025-11-04--
2025-08-06--
2025-05-08--
2025-02-27--
2024-11-07--

Filings and sources

Company website
mbia.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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