Mgic Investment (MTG) Interest Coverage Ratio (2009 - 2026)
Mgic Investment's Interest Coverage Ratio came in at 24.60 for Q2 2026, down 10.0% from 27.33 a year earlier but up 26.1% from the prior quarter.
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Analysis
Mgic Investment (MTG) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mgic Investment reported Interest Coverage Ratio of 22.42, down 16.5% year-over-year; for FY2025, it came in at 24.71, down 7.8% from FY2024.
- Going back by year, Interest Coverage Ratio was 26.79 in FY2024 (+12.2%), 23.88 in FY2023 (+37.4%), 17.39 in FY2022 (+68.3%) and 10.33 in FY2021 (+216.6%).
- The five-year range for quarterly Interest Coverage Ratio is 12.09 (Q3 2021) to 27.45 (Q3 2024).
- Year-over-year, Interest Coverage Ratio has declined for four consecutive quarters, with an average decline of 5.3% over the last eight quarters.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q3 2022 (growth of 68.0%), and the weakest in Q4 2025 (a decline of 25.4%).
- Business Quant data shows MTG's Interest Coverage Ratio at 19.51 (Q1 2026), 20.39 (Q4 2025) and 25.17 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,082.55 Bn | -334.93 Bn | 55.86 Bn | -22.63 |
| 2 | Chubb | 128.03 Bn | 80.09 Bn | 9.13 Bn | -15.34 |
| 3 | Progressive | 122.38 Bn | 98.22 Bn | 9.04 Bn | -117.76 |
| 4 | Marsh & Mclennan Companies | 81.46 Bn | 73.20 Bn | - | 7.60 |
| 5 | Travelers Companies | 75.77 Bn | 52.02 Bn | 6.23 Bn | -27.92 |
| 6 | Manulife Financial | 73.91 Bn | 75.11 Bn | - | 6.14 |
| 7 | Metlife | 60.71 Bn | -45.77 Bn | 7.82 Bn | -3.36 |
| 8 | Aon | 58.53 Bn | 51.77 Bn | - | 5.11 |
| 9 | Arthur J. Gallagher | 58.38 Bn | 52.82 Bn | - | 3.46 |
| 10 | Mgic Investment | 5.84 Bn | 4.70 Bn | 284.40 Mn | 24.60 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.60 |
| Mar 31, 2026 | 19.51 |
| Dec 31, 2025 | 20.39 |
| Sep 30, 2025 | 25.17 |
| Jun 30, 2025 | 27.33 |
| Mar 31, 2025 | 25.29 |
| Dec 31, 2024 | 27.35 |
| Sep 30, 2024 | 27.45 |
| Jun 30, 2024 | 27.14 |
| Mar 31, 2024 | 24.20 |
| Dec 31, 2023 | 24.75 |
| Sep 30, 2023 | 25.32 |
| Jun 30, 2023 | 23.96 |
| Mar 31, 2023 | 20.18 |
| Dec 31, 2022 | 22.31 |
| Sep 30, 2022 | 20.31 |
| Jun 30, 2022 | 16.11 |
| Mar 31, 2022 | 13.42 |
| Dec 31, 2021 | 13.58 |
| Sep 30, 2021 | 12.09 |
API Access
Mgic Investment Interest Coverage Ratio 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=interest-coverage-ratio&ticker=MTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=MTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();