Mgic Investment (MTG) Long-Term Deferred Tax (2015 - 2026)

Mgic Investment (MTG) reported Long-Term Deferred Tax of $15.5 million for Q1 2026, down 66.46% on a YoY basis from $46.2 million in Q1 2025, and down 16.3% quarter-over-quarter from $18.5 million in Q4 2025.

Mgic Investment (MTG) Long-Term Deferred Tax (2015 - 2026) Analysis & Trends

Mgic Investment has reported Long-Term Deferred Tax for 11 years, with the latest figure at $15.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Long-Term Deferred Tax fell 66.46% year-over-year to $15.5 million; the trailing twelve-month figure through Mar 2026 stood at $15.5 million (down 66.46% YoY), and the FY2025 full-year result was $18.5 million, down 73.51% from the prior year.
  • Long-Term Deferred Tax for Q1 2026 stood at $15.5 million, down from $18.5 million in the prior quarter.
  • The five-year high for Long-Term Deferred Tax was $132.0 million in Q3 2023, with the low at $15.5 million in Q1 2026.
  • Historically, Long-Term Deferred Tax has averaged $76.2 million across 5 years, with a median of $75.9 million in 2022.
  • Annual changes were most pronounced in 2023 — Long-Term Deferred Tax jumped 46.5% — and 2025, when it slumped 73.51%.
  • Mgic Investment's Long-Term Deferred Tax stood at $124.8 million in 2022, then sank by 36.06% to $79.8 million in 2023, then fell by 12.42% to $69.9 million in 2024, then tumbled by 73.51% to $18.5 million in 2025, then dropped by 16.3% to $15.5 million in 2026.
  • The last three Long-Term Deferred Tax figures came in at $15.5 million (Q1 2026), $18.5 million (Q4 2025), and $59.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Fidelity National Financial 12.87 Bn 10.21 Bn 2.62 Bn
2 Axis Capital Holdings 7.52 Bn 6.65 Bn -
3 First American Financial 6.80 Bn 3.91 Bn 1.24 Bn
4 Enact Holdings 6.01 Bn 5.46 Bn 205.74 Mn
5 Mgic Investment 5.57 Bn 5.32 Bn 202.12 Mn
6 Essent 5.47 Bn 5.47 Bn -
7 Radian 4.74 Bn 4.66 Bn 368.17 Mn
8 Ryan Specialty Holdings 4.62 Bn 5.05 Bn -
9 Assured Guaranty 3.42 Bn -495.48 Mn 216.00 Mn
10 NMI Holdings 2.82 Bn 2.75 Bn 152.85 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 15.49 Mn
Dec 31, 2025 18.51 Mn
Sep 30, 2025 59.49 Mn
Jun 30, 2025 41.82 Mn
Mar 31, 2025 46.20 Mn
Dec 31, 2024 69.88 Mn
Sep 30, 2024 56.02 Mn
Jun 30, 2024 90.63 Mn
Mar 31, 2024 76.27 Mn
Dec 31, 2023 79.78 Mn
Sep 30, 2023 132.03 Mn
Jun 30, 2023 110.78 Mn
Mar 31, 2023 100.17 Mn
Dec 31, 2022 124.77 Mn
Sep 30, 2022 122.23 Mn
Jun 30, 2022 75.62 Mn
Mar 31, 2020 8.87 Mn
Dec 31, 2019 5.74 Mn
Sep 30, 2019 11.58 Mn
Jun 30, 2019 20.93 Mn