Mgic Investment (MTG) Net Margin (2009 - 2026)
Mgic Investment (MTG) reported Net Margin of 70.23% for Q1 2026, up 967.0% on a YoY basis from 6.58% in Q1 2025, and up 100.71% quarter-over-quarter from 34.99% in Q4 2025.
Mgic Investment (MTG) Net Margin (2009 - 2026) Analysis & Trends
Mgic Investment has reported Net Margin for 18 years, with the latest figure at 70.23% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 967.0% year-over-year to 70.23%; the trailing twelve-month figure through Mar 2026 stood at 54.08% (down 3621.0% YoY), and the FY2025 full-year result was 60.84%, down 1776.0% from the prior year.
- Net Margin for Q1 2026 stood at 70.23%, up from 34.99% in the prior quarter.
- The five-year high for Net Margin was 286.27% in Q4 2024, with the low at 34.99% in Q4 2025.
- Historically, Net Margin has averaged 90.27% across 5 years, with a median of 68.57% in 2022.
- Annual changes were most pronounced in 2023 — Net Margin soared 17992 bps — and 2025, when it plunged 25128 bps.
- Mgic Investment's Net Margin stood at 46.72% in 2022, then surged by 385 bps to 226.65% in 2023, then rose by 26 bps to 286.27% in 2024, then slumped by 88 bps to 34.99% in 2025, then jumped by 101 bps to 70.23% in 2026.
- The last three Net Margin figures came in at 70.23% (Q1 2026), 34.99% (Q4 2025), and 62.76% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | -35.40% |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | 16.70% |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | 6.79% |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 69.07% |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 70.23% |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | 51.12% |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | -1.15% |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | 5.19% |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | 12.26% |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn | 54.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 70.23% |
| Dec 31, 2025 | 34.99% |
| Sep 30, 2025 | 62.76% |
| Jun 30, 2025 | 63.27% |
| Mar 31, 2025 | 60.56% |
| Dec 31, 2024 | 286.27% |
| Sep 30, 2024 | 82.18% |
| Jun 30, 2024 | 83.86% |
| Mar 31, 2024 | 59.14% |
| Dec 31, 2023 | 226.65% |
| Sep 30, 2023 | 75.78% |
| Jun 30, 2023 | 65.73% |
| Mar 31, 2023 | 63.86% |
| Dec 31, 2022 | 46.72% |
| Sep 30, 2022 | 99.01% |
| Jun 30, 2022 | 85.04% |
| Mar 31, 2022 | 68.57% |
| Dec 31, 2021 | 41.00% |
| Sep 30, 2021 | 61.99% |
| Jun 30, 2021 | 51.38% |