Mgic Investment (MTG) Interest Expenses (2009 - 2026)
Mgic Investment (MTG) posted Interest Expenses of $8.9 million for Q2 2026, unchanged from $8.9 million a year earlier and unchanged from the prior quarter.
Mgic Investment (MTG) Interest Expenses (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Expenses at Mgic Investment was $35.6 million, unchanged year-over-year; for FY2025, it came in at $35.6 million, unchanged from FY2024.
- Annual Interest Expenses shows a five-year compound annual growth rate of -9.8% (FY2020 to FY2025).
- In prior years, Mgic Investment's Interest Expenses was $35.6 million in FY2024 (-3.5%), $36.91 million in FY2023 (-23.2%), $48.05 million in FY2022 (-32.7%) and $71.36 million in FY2021 (+19.7%).
- Quarterly Interest Expenses has run from a low of $8.9 million in Q1 2024 to a high of $18.01 million in Q3 2021 over five years.
- The strongest year-over-year quarter for Interest Expenses in the past five years was Q3 2021, with growth of 14.5%; the weakest was Q4 2022, with a decline of 46.0%.
- According to Business Quant data, Interest Expenses for the three prior quarters was $8.9 million (Q1 2026), $8.9 million (Q4 2025) and $8.91 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 137.65 Bn | 84.23 Bn | 9.13 Bn | 200.00 Mn |
| 2 | Progressive | 129.27 Bn | 105.11 Bn | 9.04 Bn | 88.00 Mn |
| 3 | Marsh & Mclennan Companies | 90.79 Bn | 82.95 Bn | - | 248.00 Mn |
| 4 | Travelers Companies | 83.98 Bn | 60.23 Bn | 6.23 Bn | 113.00 Mn |
| 5 | Manulife Financial | 77.09 Bn | -17.80 Bn | - | -280.50 Mn |
| 6 | Arthur J. Gallagher | 66.40 Bn | 60.80 Bn | - | 168.00 Mn |
| 7 | Metlife | 65.77 Bn | -41.01 Bn | 7.82 Bn | 3.07 Bn |
| 8 | Allstate | 64.29 Bn | 25.56 Bn | 8.73 Bn | 96.00 Mn |
| 9 | Aon | 62.89 Bn | 56.11 Bn | - | 179.00 Mn |
| 10 | Mgic Investment | 5.73 Bn | 4.59 Bn | 284.40 Mn | 8.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.90 Mn |
| Mar 31, 2026 | 8.90 Mn |
| Dec 31, 2025 | 8.90 Mn |
| Sep 30, 2025 | 8.91 Mn |
| Jun 30, 2025 | 8.90 Mn |
| Mar 31, 2025 | 8.90 Mn |
| Dec 31, 2024 | 8.90 Mn |
| Sep 30, 2024 | 8.91 Mn |
| Jun 30, 2024 | 8.90 Mn |
| Mar 31, 2024 | 8.90 Mn |
| Dec 31, 2023 | 8.90 Mn |
| Sep 30, 2023 | 9.25 Mn |
| Jun 30, 2023 | 9.38 Mn |
| Mar 31, 2023 | 9.37 Mn |
| Dec 31, 2022 | 9.38 Mn |
| Sep 30, 2022 | 10.30 Mn |
| Jun 30, 2022 | 13.46 Mn |
| Mar 31, 2022 | 14.91 Mn |
| Dec 31, 2021 | 17.37 Mn |
| Sep 30, 2021 | 18.01 Mn |
Mgic Investment Interest Expenses 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-expenses&ticker=MTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=MTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();