Mgic Investment (MTG) Non Operating Investment Income (2013 - 2022)
Mgic Investment's (MTG) quarterly Non Operating Investment Income came in at -$1.5 million in Q1 2022, down 167.95% year-on-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.
- On a quarterly basis, Non Operating Investment Income fell 167.95% year-over-year to -$1.5 million in Q1 2022; TTM through Mar 2022 was $2.9 million, a 79.67% decrease from a year earlier, with the FY2021 full-year figure at $6.6 million, down 52.14% from the prior year.
- Non Operating Investment Income fell to -$1.5 million in Q1 2022 per MTG's latest filing, from $1.2 million in the prior quarter.
- Across five years, Non Operating Investment Income topped out at $6.7 million in Q2 2020 and bottomed 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.
- Biggest YoY gain for Non Operating Investment Income was 2328.0% in 2018; the steepest drop was 3548.08% in 2018.
- Year by year, Non Operating Investment Income stood at -$241000.0 in 2018, then jumped by 647.72% to $1.3 million in 2019, then soared by 119.77% to $2.9 million in 2020, then slumped by 59.15% to $1.2 million in 2021, then plunged by 227.0% to -$1.5 million in 2022.
- Per Business Quant, the three latest MTG Non Operating Investment Income figures stand at -$1.5 million (Q1 2022), $1.2 million (Q4 2021), and $1.0 million (Q3 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Investment Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 14.00 Bn | 9.88 Bn | 3.16 Bn | -78.00 Mn |
| 2 | Axis Capital Holdings | 8.67 Bn | 8.14 Bn | 613.18 Mn | -26.11 Mn |
| 3 | First American Financial | 7.85 Bn | 4.73 Bn | 1.77 Bn | 12.00 Mn |
| 4 | Enact Holdings | 6.68 Bn | 6.13 Bn | 205.69 Mn | -5.82 Mn |
| 5 | Mgic Investment | 6.51 Bn | 6.48 Bn | 263.84 Mn | - |
| 6 | Essent | 6.24 Bn | 6.24 Bn | 211.88 Mn | -147,000.00 |
| 7 | Radian | 5.36 Bn | 5.30 Bn | 304.36 Mn | - |
| 8 | Assured Guaranty | 3.83 Bn | 3.31 Bn | 65.00 Mn | -15.00 Mn |
| 9 | NMI Holdings | 3.29 Bn | 3.22 Bn | 134.15 Mn | -338,000.00 |
| 10 | Employers Holdings | 962.93 Mn | 626.53 Mn | 51.80 Mn | -400,000.00 |
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 |