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

Mgic Investment's (MTG) quarterly Long-Term Deferred Tax came in at $15.5 million in Q1 2026, down 66.46% year-on-year 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's Long-Term Deferred Tax history runs 11 years deep, the most recent figure standing at $15.5 million for Q1 2026.

  • On a quarterly basis, Long-Term Deferred Tax fell 66.46% year-over-year to $15.5 million in Q1 2026; TTM through Mar 2026 was $15.5 million, a 66.46% decrease from a year earlier, with the FY2025 full-year figure at $18.5 million, down 73.51% from the prior year.
  • Long-Term Deferred Tax slipped to $15.5 million in Q1 2026 per MTG's latest filing, from $18.5 million in the prior quarter.
  • Across five years, Long-Term Deferred Tax topped out at $132.0 million in Q3 2023 and bottomed at $15.5 million in Q1 2026.
  • The 5-year median for Long-Term Deferred Tax is $75.9 million (2022), against an average of $76.2 million.
  • Across the five-year window, Long-Term Deferred Tax soared 46.5% in 2023 and slumped 73.51% in 2025, its largest moves.
  • Year by year, Long-Term Deferred Tax stood at $124.8 million in 2022, then plunged by 36.06% to $79.8 million in 2023, then retreated by 12.42% to $69.9 million in 2024, then slumped by 73.51% to $18.5 million in 2025, then declined by 16.3% to $15.5 million in 2026.
  • Per Business Quant, the three latest MTG Long-Term Deferred Tax figures stand at $15.5 million (Q1 2026), $18.5 million (Q4 2025), and $59.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Fidelity National Financial 13.08 Bn 10.42 Bn 3.16 Bn
2 Axis Capital Holdings 8.50 Bn 7.97 Bn 613.18 Mn
3 First American Financial 7.10 Bn 4.22 Bn 1.77 Bn
4 Enact Holdings 6.51 Bn 5.96 Bn 205.69 Mn
5 Mgic Investment 6.26 Bn 6.23 Bn 263.84 Mn
6 Essent 6.05 Bn 6.05 Bn 211.88 Mn
7 Radian 5.96 Bn 5.91 Bn 304.36 Mn
8 Assured Guaranty 3.78 Bn 3.28 Bn 65.00 Mn
9 NMI Holdings 3.17 Bn 3.10 Bn 134.15 Mn
10 Employers Holdings 957.12 Mn 620.72 Mn 51.80 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