Mgic Investment (MTG) Interest Expenses (2009 - 2026)
Mgic Investment's (MTG) quarterly Interest Expenses came in at $17.1 million in Q1 2026, little changed year-on-year from $17.1 million in Q1 2025, and up 131.21% quarter-over-quarter from $7.4 million in Q4 2025.
Mgic Investment (MTG) Interest Expenses (2009 - 2026) Analysis & Trends
Mgic Investment's Interest Expenses history runs 18 years deep, the most recent figure standing at $17.1 million for Q1 2026.
- On a quarterly basis, Interest Expenses changed 0.0% year-over-year to $17.1 million in Q1 2026; TTM through Mar 2026 was $43.1 million, a 20.72% increase from a year earlier, with the FY2025 full-year figure at $214.7 million, down 37.99% from the prior year.
- Interest Expenses grew to $17.1 million in Q1 2026 per MTG's latest filing, from $7.4 million in the prior quarter.
- Across five years, Interest Expenses topped out at $458.4 million in Q2 2023 and bottomed at $1.5 million in Q4 2024.
- The 5-year median for Interest Expenses is $21.9 million (2022), against an average of $128.4 million.
- Across the five-year window, Interest Expenses tumbled 97.22% in 2024 and soared 1990.6% in 2025, its largest moves.
- Year by year, Interest Expenses stood at $9.4 million in 2022, then jumped by 2822.47% to $274.2 million in 2023, then tumbled by 99.45% to $1.5 million in 2024, then soared by 392.41% to $7.4 million in 2025, then soared by 131.21% to $17.1 million in 2026.
- Per Business Quant, the three latest MTG Interest Expenses figures stand at $17.1 million (Q1 2026), $7.4 million (Q4 2025), and $229.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 3.58 Bn |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | 16.97 Mn |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 326.20 Mn |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 149.61 Mn |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 17.10 Mn |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 236.45 Mn |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | 23.45 Mn |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | 22.00 Mn |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 97.15 Mn |
| 10 | Employers Holdings | 957.12 Mn | 620.72 Mn | 51.80 Mn | 27.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.10 Mn |
| Mar 31, 2026 | 17.10 Mn |
| Dec 31, 2025 | 7.40 Mn |
| Dec 31, 2025 | 7.40 Mn |
| Sep 30, 2025 | 229.28 Mn |
| Sep 30, 2025 | 229.28 Mn |
| Jun 30, 2025 | 266.74 Mn |
| Jun 30, 2025 | 266.74 Mn |
| Mar 31, 2025 | 17.10 Mn |
| Mar 31, 2025 | 17.10 Mn |
| Dec 31, 2024 | 1.50 Mn |
| Dec 31, 2024 | 1.50 Mn |
| Sep 30, 2024 | 260.04 Mn |
| Sep 30, 2024 | 260.04 Mn |
| Jun 30, 2024 | 12.76 Mn |
| Jun 30, 2024 | 12.76 Mn |
| Mar 31, 2024 | 17.10 Mn |
| Mar 31, 2024 | 17.10 Mn |
| Sep 30, 2023 | 274.16 Mn |
| Sep 30, 2023 | 274.16 Mn |