Mgic Investment (MTG) Change in Taxes (2011 - 2026)
Mgic Investment's (MTG) quarterly Change in Taxes came in at -$80.6 million in Q1 2026, down 231.97% year-on-year from $61.1 million in Q1 2025, and down 443.54% quarter-over-quarter from $23.5 million in Q4 2025.
Mgic Investment (MTG) Change in Taxes (2011 - 2026) Analysis & Trends
Mgic Investment's Change in Taxes history runs 16 years deep, the most recent figure standing at -$80.6 million for Q1 2026.
- On a quarterly basis, Change in Taxes fell 231.97% year-over-year to -$80.6 million in Q1 2026; TTM through Mar 2026 was -$48.5 million, a 229.37% decrease from a year earlier, with the FY2025 full-year figure at $93.2 million, up 472.47% from the prior year.
- Change in Taxes eased to -$80.6 million in Q1 2026 per MTG's latest filing, from $23.5 million in the prior quarter.
- Across five years, Change in Taxes topped out at $61.1 million in Q1 2025 and bottomed at -$80.6 million in Q1 2026.
- The 5-year median for Change in Taxes is -$2.0 million (2023), against an average of $948647.1.
- Across the five-year window, Change in Taxes sank 48604.17% in 2022 and soared 219.3% in 2025, its largest moves.
- Year by year, Change in Taxes stood at -$11.7 million in 2022, then soared by 82.78% to -$2.0 million in 2023, then plunged by 877.15% to -$19.7 million in 2024, then surged by 219.3% to $23.5 million in 2025, then tumbled by 443.54% to -$80.6 million in 2026.
- Per Business Quant, the three latest MTG Change in Taxes figures stand at -$80.6 million (Q1 2026), $23.5 million (Q4 2025), and $8.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 167.00 Mn |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | - |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 41.30 Mn |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | - |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | -80.62 Mn |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | - |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | - |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | - |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | - |
| 10 | Employers Holdings | 957.12 Mn | 620.72 Mn | 51.80 Mn | 1.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -80.62 Mn |
| Mar 31, 2026 | -80.62 Mn |
| Dec 31, 2025 | 23.47 Mn |
| Dec 31, 2025 | 23.47 Mn |
| Sep 30, 2025 | 8.21 Mn |
| Sep 30, 2025 | 8.21 Mn |
| Jun 30, 2025 | 397,000.00 |
| Jun 30, 2025 | 397,000.00 |
| Mar 31, 2025 | 61.09 Mn |
| Mar 31, 2025 | 61.09 Mn |
| Dec 31, 2024 | -19.67 Mn |
| Dec 31, 2024 | -19.67 Mn |
| Sep 30, 2024 | 8.95 Mn |
| Sep 30, 2024 | 8.95 Mn |
| Jun 30, 2024 | -12.85 Mn |
| Jun 30, 2024 | -12.85 Mn |
| Mar 31, 2024 | 39.84 Mn |
| Mar 31, 2024 | 39.84 Mn |
| Dec 31, 2023 | -2.01 Mn |
| Dec 31, 2023 | -2.01 Mn |