Mgic Investment (MTG) Change in Account Payables (2009 - 2026)
Mgic Investment (MTG) posted quarterly Change in Account Payables of -$7.1 million for Q2 2026, down 2.61% year-over-year from -$7.3 million in Q2 2025, and down 129.37% quarter-over-quarter from $24.2 million in Q1 2026.
Mgic Investment (MTG) Change in Account Payables (2009 - 2026) Analysis & Trends
Mgic Investment's Change in Account Payables history runs 18 years deep, the most recent figure standing at -$7.1 million for Q2 2026.
- In Q2 2026, Change in Account Payables fell 2.61% year-over-year to -$7.1 million; the TTM figure through Jun 2026 stood at $5.1 million (up 116.83% YoY), while the FY2025 annual figure was -$27.3 million, up 36.01% from the prior year.
- Change in Account Payables for Q2 2026 stood at -$7.1 million, down from $24.2 million in the prior quarter.
- The five-year high for Change in Account Payables was $24.2 million in Q1 2026, with the low at -$124.1 million in Q2 2022.
- The 5-year median for Change in Account Payables is -$10.3 million (2023), against an average of -$23.9 million.
- The sharpest annual moves came in 2022 and 2026: Change in Account Payables slumped 3621.31% in 2022, then surged 389.45% in 2026.
- Mgic Investment's Change in Account Payables stood at -$45.4 million in 2022, then soared by 55.6% to -$20.1 million in 2023, then soared by 110.36% to $2.1 million in 2024, then sank by 363.46% to -$5.5 million in 2025, then retreated by 29.41% to -$7.1 million in 2026.
- Business Quant data shows MTG's Change in Account Payables at -$7.1 million in Q2 2026, $24.2 million in Q1 2026, and -$5.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.65 Bn | 8.08 Bn | 3.59 Bn | 837.00 Mn |
| 2 | First American Financial | 7.36 Bn | 4.25 Bn | 1.77 Bn | 8.90 Mn |
| 3 | Axis Capital Holdings | 7.25 Bn | 6.47 Bn | 819.78 Mn | 251.42 Mn |
| 4 | Enact Holdings | 6.85 Bn | 6.36 Bn | 284.04 Mn | 8.29 Mn |
| 5 | Mgic Investment | 6.47 Bn | 6.25 Bn | 284.40 Mn | -7.12 Mn |
| 6 | Essent | 6.18 Bn | 6.18 Bn | 313.73 Mn | 30.52 Mn |
| 7 | Ryan Specialty Holdings | 5.43 Bn | 5.29 Bn | - | - |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | - |
| 9 | NMI Holdings | 3.42 Bn | 3.35 Bn | 157.40 Mn | 3.38 Mn |
| 10 | Assured Guaranty | 3.29 Bn | -506.61 Mn | 156.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -7.12 Mn |
| Jun 30, 2026 | -7.12 Mn |
| Mar 31, 2026 | 24.24 Mn |
| Mar 31, 2026 | 24.24 Mn |
| Dec 31, 2025 | -5.50 Mn |
| Dec 31, 2025 | -5.50 Mn |
| Sep 30, 2025 | -6.52 Mn |
| Sep 30, 2025 | -6.52 Mn |
| Jun 30, 2025 | -6.94 Mn |
| Jun 30, 2025 | -6.94 Mn |
| Mar 31, 2025 | -8.37 Mn |
| Mar 31, 2025 | -8.37 Mn |
| Dec 31, 2024 | 2.09 Mn |
| Dec 31, 2024 | 2.09 Mn |
| Sep 30, 2024 | -17.04 Mn |
| Sep 30, 2024 | -17.04 Mn |
| Jun 30, 2024 | -18.92 Mn |
| Jun 30, 2024 | -18.92 Mn |
| Mar 31, 2024 | -8.84 Mn |
| Mar 31, 2024 | -8.84 Mn |