Mgic Investment (MTG) Net Margin (2009 - 2026)
Mgic Investment (MTG) posted quarterly Net Margin of 61.66% for Q2 2026, down 160.0% year-over-year from 102.77% in Q2 2025, and up 10.82% quarter-over-quarter from 55.64% in Q1 2026.
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 61.66% for Q2 2026.
- In Q2 2026, Net Margin fell 160.0% year-over-year to 61.66%; the TTM figure through Jun 2026 stood at 59.2% (down 338.0% YoY), while the FY2025 annual figure was 60.84%, down 234.0% from the prior year.
- Net Margin for Q2 2026 stood at 61.66%, up from 55.64% in the prior quarter.
- The five-year high for Net Margin was 85.25% in Q3 2022, with the low at 54.42% in Q1 2023.
- The 5-year median for Net Margin is 62.21% (2025), against an average of 64.17%.
- The sharpest annual moves came in 2022 and 2023: Net Margin surged 3366 bps in 2022, then tumbled 2359 bps in 2023.
- Mgic Investment's Net Margin stood at 65.51% in 2022, then decreased by 1 bps to 64.98% in 2023, then fell by 6 bps to 61.27% in 2024, then dropped by 7 bps to 56.69% in 2025, then increased by 9 bps to 61.66% in 2026.
- Business Quant data shows MTG's Net Margin at 61.66% in Q2 2026, 55.64% in Q1 2026, and 56.69% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.71 Bn | 8.14 Bn | 3.59 Bn | 6.79% |
| 2 | First American Financial | 7.40 Bn | 4.28 Bn | 1.77 Bn | 10.35% |
| 3 | Axis Capital Holdings | 7.28 Bn | 6.49 Bn | 819.78 Mn | 14.29% |
| 4 | Enact Holdings | 6.86 Bn | 6.36 Bn | 284.04 Mn | 55.10% |
| 5 | Mgic Investment | 6.46 Bn | 6.23 Bn | 284.40 Mn | 61.66% |
| 6 | Essent | 6.22 Bn | 6.22 Bn | 313.73 Mn | 52.31% |
| 7 | Ryan Specialty Holdings | 5.38 Bn | 5.24 Bn | - | 11.82% |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | 20.16% |
| 9 | NMI Holdings | 3.45 Bn | 3.37 Bn | 157.40 Mn | 56.30% |
| 10 | Assured Guaranty | 3.29 Bn | -503.07 Mn | 156.00 Mn | 26.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 61.66% |
| Mar 31, 2026 | 55.64% |
| Dec 31, 2025 | 56.69% |
| Sep 30, 2025 | 62.76% |
| Jun 30, 2025 | 63.27% |
| Mar 31, 2025 | 60.56% |
| Dec 31, 2024 | 61.27% |
| Sep 30, 2024 | 65.21% |
| Jun 30, 2024 | 66.90% |
| Mar 31, 2024 | 59.14% |
| Dec 31, 2023 | 64.98% |
| Sep 30, 2023 | 61.67% |
| Jun 30, 2023 | 65.73% |
| Mar 31, 2023 | 54.42% |
| Dec 31, 2022 | 65.51% |
| Sep 30, 2022 | 85.25% |
| Jun 30, 2022 | 85.04% |
| Mar 31, 2022 | 59.40% |
| Dec 31, 2021 | 59.14% |
| Sep 30, 2021 | 53.42% |