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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,248.67 Bn | -185.49 Bn | 56.71 Bn | -25.55 |
| 2 | Chubb | 141.22 Bn | 92.15 Bn | 8.67 Bn | 17.68 |
| 3 | Progressive | 134.26 Bn | 109.78 Bn | 8.29 Bn | 38.20 |
| 4 | Marsh & Mclennan Companies | 98.32 Bn | 90.72 Bn | - | 4.90 |
| 5 | Travelers Companies | 82.09 Bn | 59.57 Bn | 5.93 Bn | 21.08 |
| 6 | Manulife Financial | 75.36 Bn | -19.02 Bn | - | 1.22 |
| 7 | Arthur J. Gallagher | 72.54 Bn | 67.17 Bn | 3.33 Bn | 4.07 |
| 8 | Aon | 71.33 Bn | 50.56 Bn | - | 3.93 |
| 9 | Allstate | 65.04 Bn | 22.10 Bn | -9.85 Bn | -0.03 |
| 10 | Mgic Investment | 5.68 Bn | 4.59 Bn | 275.14 Mn | 25.85 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.85 |
| Jun 30, 2026 | 26.84 |
| Mar 31, 2026 | 24.24 |
| Dec 31, 2025 | 24.90 |
| Sep 30, 2025 | 27.39 |
| Jun 30, 2025 | 28.65 |
| Mar 31, 2025 | 27.37 |
| Dec 31, 2024 | 27.35 |
| Sep 30, 2024 | 29.56 |
| Jun 30, 2024 | 30.20 |
| Mar 31, 2024 | 25.71 |
| Dec 31, 2023 | 26.83 |
| Sep 30, 2023 | 26.33 |
| Jun 30, 2023 | 26.85 |
| Mar 31, 2023 | 21.87 |
| Dec 31, 2022 | 26.63 |
| Sep 30, 2022 | 20.31 |
| Jun 30, 2022 | 16.11 |
| Mar 31, 2022 | 15.72 |
| Dec 31, 2021 | 57.62 |
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_KEY
import 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();