Mgic Investment (MTG) Interest Expenses (2009 - 2026)
Mgic Investment (MTG) reported Interest Expenses of $8.9 million for Q1 2026, little changed on a YoY basis from $8.9 million in Q1 2025, and little changed quarter-over-quarter from $8.9 million in Q4 2025.
Mgic Investment (MTG) Interest Expenses (2009 - 2026) Analysis & Trends
Mgic Investment has reported Interest Expenses for 18 years, with the latest figure at $8.9 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses changed 0.0% year-over-year to $8.9 million; the trailing twelve-month figure through Mar 2026 stood at $35.6 million (changed 0.0% YoY), and the FY2025 full-year result was $35.6 million, changed 0.0% from the prior year.
- Interest Expenses for Q1 2026 stood at $8.9 million, roughly flat from $8.9 million in the prior quarter.
- The five-year high for Interest Expenses was $14.9 million in Q1 2022, with the low at $8.9 million in Q1 2024.
- Historically, Interest Expenses has averaged $9.7 million across 5 years, with a median of $8.9 million in 2024.
- Annual changes were most pronounced in 2022 — Interest Expenses sank 45.98% — and 2025, when it increased 0.01%.
- Mgic Investment's Interest Expenses stood at $9.4 million in 2022, then decreased by 5.13% to $8.9 million in 2023, then retreated by 0.01% to $8.9 million in 2024, then changed by 0.0% to $8.9 million in 2025, then changed by 0.0% to $8.9 million in 2026.
- The last three Interest Expenses figures came in at $8.9 million (Q1 2026), $8.9 million (Q4 2025), and $8.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | 61.00 Mn |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | 16.43 Mn |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | 41.90 Mn |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 12.37 Mn |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 8.90 Mn |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | 8.15 Mn |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | 20.59 Mn |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | - |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | 22.00 Mn |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn | 139,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.90 Mn |
| Mar 31, 2026 | 8.90 Mn |
| Dec 31, 2025 | 8.90 Mn |
| Dec 31, 2025 | 8.90 Mn |
| Sep 30, 2025 | 8.91 Mn |
| Sep 30, 2025 | 8.91 Mn |
| Jun 30, 2025 | 8.90 Mn |
| Jun 30, 2025 | 8.90 Mn |
| Mar 31, 2025 | 8.90 Mn |
| Mar 31, 2025 | 8.90 Mn |
| Dec 31, 2024 | 8.90 Mn |
| Dec 31, 2024 | 8.90 Mn |
| Sep 30, 2024 | 8.91 Mn |
| Sep 30, 2024 | 8.91 Mn |
| Jun 30, 2024 | 8.90 Mn |
| Jun 30, 2024 | 8.90 Mn |
| Mar 31, 2024 | 8.90 Mn |
| Mar 31, 2024 | 8.90 Mn |
| Dec 31, 2023 | 8.90 Mn |
| Dec 31, 2023 | 8.90 Mn |