Mgic Investment (MTG) Non Operating Investment Income (2013 - 2022)
Mgic Investment (MTG) posted quarterly Non Operating Investment Income of -$1.5 million for Q1 2022, down 167.95% year-over-year from $2.2 million in Q1 2021, and down 227.0% quarter-over-quarter from $1.2 million in Q4 2021.
Mgic Investment (MTG) Non Operating Investment Income (2013 - 2022) Analysis & Trends
Mgic Investment's Non Operating Investment Income history runs 10 years deep, the most recent figure standing at -$1.5 million for Q1 2022.
- In Q1 2022, Non Operating Investment Income fell 167.95% year-over-year to -$1.5 million; the TTM figure through Mar 2022 stood at $2.9 million (down 79.67% YoY), while the FY2021 annual figure was $6.6 million, down 52.14% from the prior year.
- Non Operating Investment Income for Q1 2022 stood at -$1.5 million, down from $1.2 million in the prior quarter.
- The five-year high for Non Operating Investment Income was $6.7 million in Q2 2020, with the low at -$1.9 million in Q2 2018.
- The 5-year median for Non Operating Investment Income is $1.2 million (2021), against an average of $1.3 million.
- Peak annual rise in Non Operating Investment Income reached 2328.0% in 2018, while the deepest fall reached 3548.08% in 2018.
- Mgic Investment's Non Operating Investment Income stood at -$241000.0 in 2018, then soared by 647.72% to $1.3 million in 2019, then surged by 119.77% to $2.9 million in 2020, then tumbled by 59.15% to $1.2 million in 2021, then sank by 227.0% to -$1.5 million in 2022.
- Business Quant data shows MTG's Non Operating Investment Income at -$1.5 million in Q1 2022, $1.2 million in Q4 2021, and $1.0 million in Q3 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Investment Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.65 Bn | 8.08 Bn | 3.59 Bn | 333.00 Mn |
| 2 | First American Financial | 7.36 Bn | 4.25 Bn | 1.77 Bn | 12.00 Mn |
| 3 | Axis Capital Holdings | 7.25 Bn | 6.47 Bn | 819.78 Mn | 44.28 Mn |
| 4 | Enact Holdings | 6.85 Bn | 6.36 Bn | 284.04 Mn | -2.23 Mn |
| 5 | Mgic Investment | 6.47 Bn | 6.25 Bn | 284.40 Mn | - |
| 6 | Essent | 6.18 Bn | 6.18 Bn | 313.73 Mn | -111,000.00 |
| 7 | Ryan Specialty Holdings | 5.43 Bn | 5.29 Bn | - | - |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | - |
| 9 | NMI Holdings | 3.42 Bn | 3.35 Bn | 157.40 Mn | -229,000.00 |
| 10 | Assured Guaranty | 3.29 Bn | -506.61 Mn | 156.00 Mn | -10.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | -1.51 Mn |
| Mar 31, 2022 | -1.51 Mn |
| Dec 31, 2021 | 1.19 Mn |
| Dec 31, 2021 | 1.19 Mn |
| Sep 30, 2021 | 1.01 Mn |
| Sep 30, 2021 | 1.01 Mn |
| Jun 30, 2021 | 2.17 Mn |
| Jun 30, 2021 | 2.17 Mn |
| Mar 31, 2021 | 2.22 Mn |
| Mar 31, 2021 | 2.22 Mn |
| Dec 31, 2020 | 2.90 Mn |
| Dec 31, 2020 | 2.90 Mn |
| Sep 30, 2020 | 2.26 Mn |
| Sep 30, 2020 | 2.26 Mn |
| Jun 30, 2020 | 6.70 Mn |
| Jun 30, 2020 | 6.70 Mn |
| Mar 31, 2020 | 1.89 Mn |
| Mar 31, 2020 | 1.89 Mn |
| Dec 31, 2019 | 1.32 Mn |
| Dec 31, 2019 | 1.32 Mn |