Mgic Investment (MTG) Interest Coverage Ratio (2009 - 2026)
Mgic Investment's (MTG) quarterly Interest Coverage Ratio came in at 3.61 in Q1 2026, little changed year-on-year from 3.59 in Q1 2025, and down 56.66% quarter-over-quarter from 8.33 in Q4 2025.
Mgic Investment (MTG) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Mgic Investment's Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 3.61 for Q1 2026.
- On a quarterly basis, Interest Coverage Ratio changed 0.49% year-over-year to 3.61 in Q1 2026; TTM through Mar 2026 was 5.72, a 17.09% decrease from a year earlier, with the FY2025 full-year figure at 1.15, up 62.32% from the prior year.
- Interest Coverage Ratio eased to 3.61 in Q1 2026 per MTG's latest filing, from 8.33 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 40.83 in Q4 2024 and bottomed at 0.11 in Q2 2023.
- The 5-year median for Interest Coverage Ratio is 2.16 (2022), against an average of 4.71.
- Across the five-year window, Interest Coverage Ratio jumped 4119.74% in 2024 and sank 95.25% in 2025, its largest moves.
- Year by year, Interest Coverage Ratio stood at 4.94 in 2022, then tumbled by 95.91% to 0.2 in 2023, then jumped by 20113.72% to 40.83 in 2024, then sank by 79.6% to 8.33 in 2025, then slumped by 56.66% to 3.61 in 2026.
- Per Business Quant, the three latest MTG Interest Coverage Ratio figures stand at 3.61 (Q1 2026), 8.33 (Q4 2025), and 0.27 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 0.23 |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | -42.56 |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 0.56 |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 0.47 |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 3.61 |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 0.25 |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | 2.97 |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | 4.18 |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 0.29 |
| 10 | Employers Holdings | 957.12 Mn | 620.72 Mn | 51.80 Mn | 1.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.61 |
| Dec 31, 2025 | 8.33 |
| Sep 30, 2025 | 0.27 |
| Jun 30, 2025 | 0.23 |
| Mar 31, 2025 | 3.59 |
| Dec 31, 2024 | 40.83 |
| Sep 30, 2024 | 0.24 |
| Jun 30, 2024 | 4.82 |
| Mar 31, 2024 | 3.49 |
| Sep 30, 2023 | 0.20 |
| Jun 30, 2023 | 0.11 |
| Mar 31, 2023 | 2.88 |
| Dec 31, 2022 | 4.94 |
| Sep 30, 2022 | 0.16 |
| Jun 30, 2022 | 0.23 |
| Mar 31, 2022 | 1.43 |
| Dec 31, 2021 | 2.21 |
| Sep 30, 2021 | 2.13 |
| Jun 30, 2021 | 2.29 |
| Mar 31, 2021 | 1.51 |