Mgic Investment (MTG) Change in Account Payables (2009 - 2026)
Mgic Investment (MTG) reported Change in Account Payables of $24.2 million for Q1 2026, up 389.45% on a YoY basis from $5.0 million in Q1 2025, and up 194.96% quarter-over-quarter from -$25.5 million in Q4 2025.
Mgic Investment (MTG) Change in Account Payables (2009 - 2026) Analysis & Trends
Mgic Investment has reported Change in Account Payables for 18 years, with the latest figure at $24.2 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Account Payables rose 389.45% year-over-year to $24.2 million; the trailing twelve-month figure through Mar 2026 stood at $5.3 million (up 112.49% YoY), and the FY2025 full-year result was -$27.3 million, up 36.01% from the prior year.
- Change in Account Payables for Q1 2026 stood at $24.2 million, up from -$25.5 million in the prior quarter.
- The five-year high for Change in Account Payables was $233.8 million in Q4 2022, with the low at -$256.2 million in Q3 2022.
- Historically, Change in Account Payables has averaged -$8.5 million across 5 years, with a median of -$8.8 million in 2024.
- The largest YoY upside for Change in Account Payables was 596.37% in 2022 against a maximum downside of 3441.62% in 2022.
- Mgic Investment's Change in Account Payables stood at $233.8 million in 2022, then tumbled by 109.59% to -$22.4 million in 2023, then jumped by 35.35% to -$14.5 million in 2024, then plunged by 76.14% to -$25.5 million in 2025, then soared by 194.96% to $24.2 million in 2026.
- The last three Change in Account Payables figures came in at $24.2 million (Q1 2026), -$25.5 million (Q4 2025), and $358000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | 4.00 Mn |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | 746.21 Mn |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | -14.60 Mn |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 17.92 Mn |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 24.24 Mn |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | 38.84 Mn |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | - |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | - |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | - |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn | -2.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.24 Mn |
| Mar 31, 2026 | 24.24 Mn |
| Dec 31, 2025 | -25.52 Mn |
| Dec 31, 2025 | -25.52 Mn |
| Sep 30, 2025 | 358,000.00 |
| Sep 30, 2025 | 358,000.00 |
| Jun 30, 2025 | 6.20 Mn |
| Jun 30, 2025 | 6.20 Mn |
| Mar 31, 2025 | -8.37 Mn |
| Mar 31, 2025 | -8.37 Mn |
| Dec 31, 2024 | -14.49 Mn |
| Dec 31, 2024 | -14.49 Mn |
| Sep 30, 2024 | -22.53 Mn |
| Sep 30, 2024 | -22.53 Mn |
| Jun 30, 2024 | 3.14 Mn |
| Jun 30, 2024 | 3.14 Mn |
| Mar 31, 2024 | -8.84 Mn |
| Mar 31, 2024 | -8.84 Mn |
| Dec 31, 2023 | -22.41 Mn |
| Dec 31, 2023 | -22.41 Mn |