Mgic Investment (MTG) Net Margin (2009 - 2026)
Mgic Investment's (MTG) quarterly Net Margin came in at 55.64% in Q1 2026, down 2045.0% year-on-year from 2.86% in Q1 2025, and down 22.43% quarter-over-quarter from 71.74% in Q4 2025.
Mgic Investment (MTG) Net Margin (2009 - 2026) Analysis & Trends
Mgic Investment's Net Margin history runs 18 years deep, the most recent figure standing at 55.64% for Q1 2026.
- On a quarterly basis, Net Margin fell 2045.0% year-over-year to 55.64% in Q1 2026; TTM through Mar 2026 was 70.47%, a 33.0% decrease from a year earlier, with the FY2025 full-year figure at 76.45%, up 1327.0% from the prior year.
- Net Margin slipped to 55.64% in Q1 2026 per MTG's latest filing, from 71.74% in the prior quarter.
- Across five years, Net Margin topped out at 97.49% in Q2 2022 and bottomed at 43.01% in Q4 2023.
- The 5-year median for Net Margin is 66.9% (2024), against an average of 68.42%.
- Across the five-year window, Net Margin surged 3664 bps in 2022 and tumbled 3176 bps in 2023, its largest moves.
- Year by year, Net Margin stood at 46.72% in 2022, then retreated by 8 bps to 43.01% in 2023, then soared by 42 bps to 61.27% in 2024, then gained by 17 bps to 71.74% in 2025, then fell by 22 bps to 55.64% in 2026.
- Per Business Quant, the three latest MTG Net Margin figures stand at 55.64% (Q1 2026), 71.74% (Q4 2025), and 79.05% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 10.01% |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | 16.70% |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 10.35% |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 69.08% |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 55.64% |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 66.05% |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | -1.33% |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | 103.66% |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 64.16% |
| 10 | Employers Holdings | 957.12 Mn | 620.72 Mn | 51.80 Mn | 5.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 55.64% |
| Dec 31, 2025 | 71.74% |
| Sep 30, 2025 | 79.05% |
| Jun 30, 2025 | 78.78% |
| Mar 31, 2025 | 76.10% |
| Dec 31, 2024 | 61.27% |
| Sep 30, 2024 | 82.18% |
| Jun 30, 2024 | 66.90% |
| Mar 31, 2024 | 59.14% |
| Dec 31, 2023 | 43.01% |
| Sep 30, 2023 | 61.67% |
| Jun 30, 2023 | 65.73% |
| Mar 31, 2023 | 63.86% |
| Dec 31, 2022 | 46.72% |
| Sep 30, 2022 | 85.25% |
| Jun 30, 2022 | 97.49% |
| Mar 31, 2022 | 68.57% |
| Dec 31, 2021 | 59.14% |
| Sep 30, 2021 | 61.99% |
| Jun 30, 2021 | 60.85% |