Mgic Investment MTG
NYSE MTG
$30.66 -0.21 (-0.68%)
As of: Sep 10, 2026 · 11:45 AM EDT

Mgic Investment (MTG) Deferred Taxes (2009 - 2026)

Mgic Investment (MTG) posted Deferred Taxes of -$1.9 million for Q2 2026, down 125.94% on a QoQ basis from $7.4 million in Q1 2026, and up 52.09% year-over-year from -$1.3 million in Q2 2025.

Analysis

Mgic Investment (MTG) Deferred Taxes (2009 - 2026) Analysis & Trends

Mgic Investment has reported Deferred Taxes for 18 years, with the latest figure at -$1.9 million in Q2 2026.

  • On a quarterly basis, Deferred Taxes rose 52.09% year-over-year to -$1.9 million in Q2 2026; TTM through Jun 2026 was -$19.7 million, a 1876.73% decrease from a year earlier, with the FY2025 full-year figure at -$19.2 million, down 690.34% from the prior year.
  • Deferred Taxes was -$1.9 million for Q2 2026 at Mgic Investment, down from $7.4 million in the prior quarter.
  • The five-year high for Deferred Taxes was $11.3 million in Q3 2025, with the low at -$36.5 million in Q4 2025.
  • Average Deferred Taxes over 5 years is -$716388.9, with a median of -$1.6 million recorded in 2022.
  • The largest YoY upside for Deferred Taxes was 742.29% in 2025 against a maximum downside of 605.06% in 2025.
  • Over 5 years, Deferred Taxes stood at $2.5 million in 2022, then fell by 14.59% to $2.1 million in 2023, then sank by 345.66% to -$5.2 million in 2024, then sank by 605.06% to -$36.5 million in 2025, then surged by 94.76% to -$1.9 million in 2026.
  • The last three Deferred Taxes figures came in at -$1.9 million (Q2 2026), $7.4 million (Q1 2026), and -$36.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Chubb 130.92 Bn 117.16 Bn 9.13 Bn -174.00 Mn
2 Progressive 125.72 Bn 120.72 Bn 9.04 Bn -
3 Travelers Companies 76.91 Bn 53.16 Bn 6.23 Bn -58.00 Mn
4 Allstate 64.67 Bn 25.94 Bn 16.28 Bn -
5 Aflac 57.46 Bn -45.54 Bn 2.27 Bn -
6 American International 39.61 Bn 1.79 Bn 3.50 Bn -
7 Hartford Insurance 37.14 Bn 20.83 Bn 3.18 Bn 508.00 Mn
8 Cincinnati Financial 26.08 Bn 24.19 Bn 2.39 Bn 139.00 Mn
9 Loews 22.31 Bn 12.13 Mn 2.57 Bn -
10 Mgic Investment 6.43 Bn 6.21 Bn 284.40 Mn -1.91 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.91 Mn
Mar 31, 2026 7.37 Mn
Dec 31, 2025 -36.49 Mn
Sep 30, 2025 11.33 Mn
Jun 30, 2025 -3.99 Mn
Mar 31, 2025 9.93 Mn
Dec 31, 2024 -5.18 Mn
Sep 30, 2024 -1.76 Mn
Jun 30, 2024 -1.62 Mn
Mar 31, 2024 6.13 Mn
Dec 31, 2023 2.11 Mn
Sep 30, 2023 -2.11 Mn
Jun 30, 2023 -2.80 Mn
Mar 31, 2023 1.73 Mn
Dec 31, 2022 2.47 Mn
Sep 30, 2022 -1.48 Mn
Jun 30, 2022 -2.57 Mn
Mar 31, 2022 5.95 Mn
Dec 31, 2021 -9.78 Mn
Sep 30, 2021 -2.27 Mn