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
DateValue
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%