Mgic Investment (MTG) Long-Term Deferred Tax (2015 - 2026)
Mgic Investment (MTG) reported Long-Term Deferred Tax of $131.24 million for Q2 2026, up 213.8% from $41.82 million a year earlier and up 747.1% from the prior quarter.
Mgic Investment (MTG) Long-Term Deferred Tax (2015 - 2026) Analysis & Trends
At the end of FY2025, Mgic Investment posted Long-Term Deferred Tax of $18.51 million, down 73.5% from FY2024.
- Long-Term Deferred Tax has declined for three consecutive years, with a three-year compound annual growth rate of -47.1% (FY2022 to FY2025).
- By year, Long-Term Deferred Tax came in at $69.88 million in FY2024 (-12.4%), $79.78 million in FY2023 (-36.1%) and $124.77 million in FY2022.
- The Q2 2026 figure ranks as the highest quarterly Long-Term Deferred Tax since Q3 2023.
- Year over year, Long-Term Deferred Tax gained in two of the last eight quarters, with an average decline of 10.4%.
- The high point for year-over-year Long-Term Deferred Tax in five years was Q2 2026 (growth of 213.8%); the low point was Q4 2025 (a decline of 73.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $15.49 million (Q1 2026), $18.51 million (Q4 2025) and $59.49 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - |
| 10 | Mgic Investment | 5.34 Bn | 4.20 Bn | 284.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 131.24 Mn |
| 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 |
Mgic Investment Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=MTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=MTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();