Mgic Investment (MTG) Interest Coverage Ratio (2009 - 2026)
Mgic Investment (MTG) posted quarterly Interest Coverage Ratio of 0.26 for Q2 2026, up 12.96% year-over-year from 0.23 in Q2 2025, and down 3.47% quarter-over-quarter from 0.27 in Q1 2026.
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 0.26 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 12.96% year-over-year to 0.26; the TTM figure through Jun 2026 stood at 1.06 (up 15.48% YoY), while the FY2025 annual figure was 1.15, up 62.32% from the prior year.
- Interest Coverage Ratio for Q2 2026 stood at 0.26, down from 0.27 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 40.99 in Q4 2025, with the low at 0.07 in Q3 2022.
- The 5-year median for Interest Coverage Ratio is 0.27 (2025), against an average of 4.11.
- The sharpest annual moves came in 2022 and 2025: Interest Coverage Ratio sank 96.5% in 2022, then soared 394.44% in 2025.
- Mgic Investment's Interest Coverage Ratio stood at 4.94 in 2022, then soared by 31.42% to 6.49 in 2023, then rose by 27.65% to 8.29 in 2024, then surged by 394.44% to 40.99 in 2025, then sank by 99.37% to 0.26 in 2026.
- Business Quant data shows MTG's Interest Coverage Ratio at 0.26 in Q2 2026, 0.27 in Q1 2026, and 40.99 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.71 Bn | 8.14 Bn | 3.59 Bn | 13.30 |
| 2 | First American Financial | 7.40 Bn | 4.28 Bn | 1.77 Bn | 4.02 |
| 3 | Axis Capital Holdings | 7.28 Bn | 6.49 Bn | 819.78 Mn | -42.61 |
| 4 | Enact Holdings | 6.86 Bn | 6.36 Bn | 284.04 Mn | 5.86 |
| 5 | Mgic Investment | 6.46 Bn | 6.23 Bn | 284.40 Mn | 6.68 |
| 6 | Essent | 6.22 Bn | 6.22 Bn | 313.73 Mn | 7.56 |
| 7 | Ryan Specialty Holdings | 5.38 Bn | 5.24 Bn | - | - |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | 3.35 |
| 9 | NMI Holdings | 3.45 Bn | 3.37 Bn | 157.40 Mn | 4.26 |
| 10 | Assured Guaranty | 3.29 Bn | -503.07 Mn | 156.00 Mn | 4.45 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.26 |
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 40.99 |
| Sep 30, 2025 | 0.27 |
| Jun 30, 2025 | 0.23 |
| Mar 31, 2025 | 3.59 |
| Dec 31, 2024 | 8.29 |
| Sep 30, 2024 | 0.24 |
| Jun 30, 2024 | 0.16 |
| Mar 31, 2024 | 3.49 |
| Dec 31, 2023 | 6.49 |
| Sep 30, 2023 | 0.10 |
| Jun 30, 2023 | 0.11 |
| Mar 31, 2023 | 2.88 |
| Dec 31, 2022 | 4.94 |
| Sep 30, 2022 | 0.07 |
| Jun 30, 2022 | 0.10 |
| Mar 31, 2022 | 1.43 |
| Dec 31, 2021 | 3.44 |
| Sep 30, 2021 | 2.13 |