Mgic Investment (MTG) Non Operating Investment Income (2013 - 2022)
Mgic Investment (MTG) reported Non Operating Investment Income of -$1.5 million for Q1 2022, down 167.95% on a YoY basis 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 has reported Non Operating Investment Income for 10 years, with the latest figure at -$1.5 million in Q1 2022.
- For the quarter ending Q1 2022, Non Operating Investment Income fell 167.95% year-over-year to -$1.5 million; the trailing twelve-month figure through Mar 2022 stood at $2.9 million (down 79.67% YoY), and the FY2021 full-year result 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.
- Historically, Non Operating Investment Income has averaged $1.3 million across 5 years, with a median of $1.2 million in 2021.
- The largest YoY upside for Non Operating Investment Income was 2328.0% in 2018 against a maximum downside of 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.
- The last three Non Operating Investment Income figures came in at -$1.5 million (Q1 2022), $1.2 million (Q4 2021), and $1.0 million (Q3 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Investment Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | -78.00 Mn |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | -26.11 Mn |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | -9.10 Mn |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | -5.82 Mn |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | - |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | - |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | - |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | - |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | - |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn | -147,000.00 |
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 |