Mgic Investment (MTG) Interest Expenses (2009 - 2026)
Mgic Investment (MTG) posted quarterly Interest Expenses of $230.2 million for Q2 2026, down 13.69% year-over-year from $266.7 million in Q2 2025, and little changed quarter-over-quarter from $230.7 million in Q1 2026.
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 $230.2 million for Q2 2026.
- In Q2 2026, Interest Expenses fell 13.69% year-over-year to $230.2 million; the TTM figure through Jun 2026 stood at $230.2 million (down 13.69% YoY), while the FY2025 annual figure was $214.7 million, down 37.99% from the prior year.
- Interest Expenses for Q2 2026 stood at $230.2 million, roughly flat from $230.7 million in the prior quarter.
- The five-year high for Interest Expenses was $571.4 million in Q3 2022, with the low at $1.5 million in Q4 2025.
- The 5-year median for Interest Expenses is $229.7 million (2025), against an average of $203.6 million.
- The sharpest annual moves came in 2022 and 2025: Interest Expenses jumped 3072.42% in 2022, then tumbled 79.68% in 2025.
- Mgic Investment's Interest Expenses stood at $9.4 million in 2022, then decreased by 5.13% to $8.9 million in 2023, then declined by 16.89% to $7.4 million in 2024, then sank by 79.68% to $1.5 million in 2025, then jumped by 15216.83% to $230.2 million in 2026.
- Business Quant data shows MTG's Interest Expenses at $230.2 million in Q2 2026, $230.7 million in Q1 2026, and $1.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.65 Bn | 8.08 Bn | 3.59 Bn | 61.00 Mn |
| 2 | First American Financial | 7.36 Bn | 4.25 Bn | 1.77 Bn | 45.70 Mn |
| 3 | Axis Capital Holdings | 7.25 Bn | 6.47 Bn | 819.78 Mn | 14.48 Mn |
| 4 | Enact Holdings | 6.85 Bn | 6.36 Bn | 284.04 Mn | 12.49 Mn |
| 5 | Mgic Investment | 6.47 Bn | 6.25 Bn | 284.40 Mn | 8.90 Mn |
| 6 | Essent | 6.18 Bn | 6.18 Bn | 313.73 Mn | 8.15 Mn |
| 7 | Ryan Specialty Holdings | 5.43 Bn | 5.29 Bn | - | - |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | 22.31 Mn |
| 9 | NMI Holdings | 3.42 Bn | 3.35 Bn | 157.40 Mn | 7.12 Mn |
| 10 | Assured Guaranty | 3.29 Bn | -506.61 Mn | 156.00 Mn | 22.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 230.21 Mn |
| Jun 30, 2026 | 230.21 Mn |
| Mar 31, 2026 | 230.72 Mn |
| Mar 31, 2026 | 230.72 Mn |
| Dec 31, 2025 | 1.50 Mn |
| Dec 31, 2025 | 1.50 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 | 7.40 Mn |
| Dec 31, 2024 | 7.40 Mn |
| Sep 30, 2024 | 260.04 Mn |
| Sep 30, 2024 | 260.04 Mn |
| Jun 30, 2024 | 374.73 Mn |
| Jun 30, 2024 | 374.73 Mn |
| Mar 31, 2024 | 17.10 Mn |
| Mar 31, 2024 | 17.10 Mn |