Mgic Investment (MTG) Interest Coverage Ratio (2009 - 2026)

Mgic Investment (MTG) reported Interest Coverage Ratio of 6.94 for Q1 2026, little changed on a YoY basis from 6.9 in Q1 2025, and little changed quarter-over-quarter from 6.92 in Q4 2025.

Mgic Investment (MTG) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Mgic Investment has reported Interest Coverage Ratio for 18 years, with the latest figure at 6.94 in Q1 2026.

  • For the quarter ending Q1 2026, Interest Coverage Ratio changed 0.49% year-over-year to 6.94; the trailing twelve-month figure through Mar 2026 stood at 6.93 (changed 0.09% YoY), and the FY2025 full-year result was 6.92, up 0.66% from the prior year.
  • Interest Coverage Ratio for Q1 2026 stood at 6.94, roughly flat from 6.92 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 6.99 in Q3 2025, with the low at 2.57 in Q1 2022.
  • Historically, Interest Coverage Ratio has averaged 5.88 across 5 years, with a median of 6.71 in 2024.
  • Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 119.31% — and 2025, when it retreated 0.79%.
  • Mgic Investment's Interest Coverage Ratio stood at 4.94 in 2022, then soared by 31.42% to 6.49 in 2023, then advanced by 6.11% to 6.89 in 2024, then gained by 0.47% to 6.92 in 2025, then gained by 0.21% to 6.94 in 2026.
  • The last three Interest Coverage Ratio figures came in at 6.94 (Q1 2026), 6.92 (Q4 2025), and 6.99 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Fidelity National Financial 12.87 Bn 10.21 Bn 2.62 Bn 13.48
2 Axis Capital Holdings 7.52 Bn 6.65 Bn - 19.76
3 First American Financial 6.80 Bn 3.91 Bn 1.24 Bn 3.64
4 Enact Holdings 6.01 Bn 5.46 Bn 205.74 Mn 5.73
5 Mgic Investment 5.57 Bn 5.32 Bn 202.12 Mn 6.94
6 Essent 5.47 Bn 5.47 Bn - 7.27
7 Radian 4.74 Bn 4.66 Bn 368.17 Mn 3.38
8 Ryan Specialty Holdings 4.62 Bn 5.05 Bn - -
9 Assured Guaranty 3.42 Bn -495.48 Mn 216.00 Mn 4.18
10 NMI Holdings 2.82 Bn 2.75 Bn 152.85 Mn 205.78

Historic Data

Download Data
DateValue
Mar 31, 2026 6.94
Dec 31, 2025 6.92
Sep 30, 2025 6.99
Jun 30, 2025 6.85
Mar 31, 2025 6.90
Dec 31, 2024 6.89
Sep 30, 2024 6.97
Jun 30, 2024 6.91
Mar 31, 2024 6.71
Dec 31, 2023 6.49
Sep 30, 2023 5.98
Jun 30, 2023 5.58
Mar 31, 2023 5.25
Dec 31, 2022 4.94
Sep 30, 2022 4.13
Jun 30, 2022 2.99
Mar 31, 2022 2.57
Dec 31, 2021 2.25
Sep 30, 2021 2.13
Jun 30, 2021 2.29