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| Date | Value |
|---|---|
| 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 |