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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |