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
DateValue
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