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NYSE · SURETY INSURANCE · SMALL CAP

Mbia Inc. MBI

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$80.0M
▲ 90.5% YoY
$-177.0M
▼ 140.7% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

MBIA's primary business has been to provide financial guarantee insurance to the United States' public finance markets through its indirect, wholly-owned subsidiary, National, whose policies provide investors with unconditional and irrevocable guarantees of payment of principal, interest or other amounts owing on insured obligations when due. The Company has also provided financial guarantee insurance in the international and structured finance markets through its subsidiary MBIA Corp. MBIA Services Corporation, also owned by MBIA Inc., is a service company that provides support services such as surveillance, risk management, legal, accounting, treasury and information technology, among others, to the Company's businesses on a fee-for-service basis. As of December 31, 2025, MBIA had 57 employees at its single corporate headquarters located at 1 Manhattanville Road, Purchase, New York, none of whom are covered by collective bargaining agreements.

Written from the business description in MBIA INC's annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth

USD 80.0M
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 0.1 · Net income -0.2
2B3B-1B-2B
2008201120142017202020232025
Compound annual growth
−19.6%
−22.3%
−21.1%
−14.9%
+32.6%
−48.9%
−31.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −22.3% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−229 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -226.3% · Net -228.8%
-2000%-4000%-6000%
200820162025
ROE
FY2020 · ROE -120.2%
20%40%-100%-200%
200820162025
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Return on capital employedNot available: we don't have total assets or current liabilities for this period.

Cash & shareholders

USD 7.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2023 · FCF -0.2
1B2B-1B-2B
200820162025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.0 · Net buybacks 0.0
0.2B0.4B-0.5B-1.0B
2008201120142017202020232025

USD 7.0M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 2.0B
EquityUSD -2.2B
CashUSD 71.0M

Equity funds -111% of total assets.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
MBI, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B0.10.00.00.20.20.30.30.20.40.30.91.31.22.4−1.60.93.0−0.9
Operating income $B−0.2−0.4−0.5−0.1−0.4−0.6−0.4−0.3−0.7−0.30.30.60.41.6−2.2◌◌◌
EBITDA $B◌◌◌◌◌◌◌◌◌◌◌◌◌◌−2.2◌◌◌
Income tax $B0.00.00.00.00.00.00.00.00.9−0.00.10.10.20.4−0.9−0.10.6−1.1
Net income $B−0.20.40.5−0.2−0.4−0.6−0.4−0.3−1.6−0.30.20.60.21.2−1.30.10.6−2.7
Free cash flow $B◌◌−0.2−0.40.5−0.4−0.4−0.3−0.7−0.1−0.1−0.31.8−1.0−2.6−1.0−2.2−0.2
EPS, diluted $−3.58−9.43−10.18−3.92−8.99−9.78−4.43−3.33−13.50−2.541.062.761.296.33−6.850.262.99−12.11
Dividend / sh $◌◌8.00◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout %−0086−0−0——————————22−2
ROE %—————−120.2−36.9−23.3−69.0−9.74.715.87.850.6−58.22.035.4−268.8

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 52 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2009. One check was skipped: EPS is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivitySurety Insurance
Listed onNYSE
Incorporated inConnecticut
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2008

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