Mgic Investment (MTG) Change in Taxes (2009 - 2026)
Mgic Investment (MTG) reported Change in Taxes of $6.23 million for Q2 2026, compared with $397,000 a year earlier.
Mgic Investment (MTG) Change in Taxes (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mgic Investment's Change in Taxes came in at -$42.71 million; for FY2025, it came in at $93.16 million, up 472.5% from FY2024.
- Change in Taxes has a five-year compound annual growth rate of 71.5% (FY2020 to FY2025).
- By year, Change in Taxes came in at $16.27 million in FY2024, -$4.14 million in FY2023, -$8.55 million in FY2022 and $5.43 million in FY2021 (-13.4%).
- Five-year quarterly Change in Taxes spans a low of -$80.62 million in Q1 2026 and a high of $61.09 million in Q1 2025.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$80.62 million (Q1 2026), $23.47 million (Q4 2025) and $8.21 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | 1.08 Bn |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | -132.00 Mn |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | -589.00 Mn |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | 12.00 Mn |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | - |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | - |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | -312.00 Mn |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | -116.00 Mn |
| 10 | Mgic Investment | 5.34 Bn | 4.20 Bn | 284.40 Mn | 6.23 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.23 Mn |
| Mar 31, 2026 | -80.62 Mn |
| Dec 31, 2025 | 23.47 Mn |
| Sep 30, 2025 | 8.21 Mn |
| Jun 30, 2025 | 397,000.00 |
| Mar 31, 2025 | 61.09 Mn |
| Dec 31, 2024 | -19.67 Mn |
| Sep 30, 2024 | 8.95 Mn |
| Jun 30, 2024 | -12.85 Mn |
| Mar 31, 2024 | 39.84 Mn |
| Dec 31, 2023 | -2.01 Mn |
| Sep 30, 2023 | -9.98 Mn |
| Jun 30, 2023 | -31.64 Mn |
| Mar 31, 2023 | 39.48 Mn |
| Dec 31, 2022 | -11.69 Mn |
| Sep 30, 2022 | -19.69 Mn |
| Jun 30, 2022 | -15.61 Mn |
| Mar 31, 2022 | 38.45 Mn |
| Dec 31, 2021 | -24,000.00 |
| Sep 30, 2021 | 6.81 Mn |
Mgic Investment Change in Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-taxes&ticker=MTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "ticker": "MTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-taxes&ticker=MTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();