Mgic Investment (MTG) Operating Margin (2009 - 2026)
Mgic Investment (MTG) posted Operating Margin of 20.13% for Q2 2026, down 3.14% on a QoQ basis from 20.78% in Q1 2026, and up 8.0% year-over-year from 18.64% in Q2 2025.
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Analysis
Mgic Investment (MTG) Operating Margin (2009 - 2026) Analysis & Trends
Mgic Investment has reported Operating Margin for 18 years, with the latest figure at 20.13% in Q2 2026.
- On a quarterly basis, Operating Margin rose 8.0% year-over-year to 20.13% in Q2 2026; TTM through Jun 2026 was 20.49%, a 32.0% increase from a year earlier, with the FY2025 full-year figure at 20.29%, up 3.0% from the prior year.
- Operating Margin was 20.13% for Q2 2026 at Mgic Investment, down from 20.78% in the prior quarter.
- The five-year high for Operating Margin was 20.78% in Q1 2026, with the low at 12.99% in Q1 2022.
- Average Operating Margin over 5 years is 18.59%, with a median of 20.1% recorded in 2025.
- The sharpest annual moves came in 2023 and 2025: Operating Margin surged 449 bps in 2023, then decreased 23 bps in 2025.
- Over 5 years, Operating Margin stood at 15.86% in 2022, then increased by 28 bps to 20.36% in 2023, then slipped by 0 bps to 20.34% in 2024, then advanced by 1 bps to 20.63% in 2025, then retreated by 2 bps to 20.13% in 2026.
- The last three Operating Margin figures came in at 20.13% (Q2 2026), 20.78% (Q1 2026), and 20.63% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,090.02 Bn | 765.31 Bn | 55.86 Bn | -29.67% |
| 2 | Chubb | 131.71 Bn | 123.42 Bn | 9.13 Bn | 11.13% |
| 3 | Progressive | 127.28 Bn | 122.28 Bn | 9.04 Bn | -43.89% |
| 4 | Travelers Companies | 77.04 Bn | 53.29 Bn | 6.23 Bn | 8.80% |
| 5 | Allstate | 65.93 Bn | 27.18 Bn | 16.28 Bn | 5.43% |
| 6 | Aflac | 58.87 Bn | -44.13 Bn | 2.27 Bn | 23.90% |
| 7 | American International | 39.98 Bn | 2.19 Bn | 3.50 Bn | 15.91% |
| 8 | Hartford Insurance | 37.48 Bn | 21.16 Bn | 3.18 Bn | 11.01% |
| 9 | Cincinnati Financial | 26.26 Bn | 24.37 Bn | 2.39 Bn | 7.46% |
| 10 | Mgic Investment | 6.40 Bn | 6.18 Bn | 284.40 Mn | 20.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.13% |
| Mar 31, 2026 | 20.78% |
| Dec 31, 2025 | 20.63% |
| Sep 30, 2025 | 20.43% |
| Jun 30, 2025 | 20.05% |
| Mar 31, 2025 | 20.06% |
| Dec 31, 2024 | 20.34% |
| Sep 30, 2024 | 20.25% |
| Jun 30, 2024 | 20.14% |
| Mar 31, 2024 | 20.30% |
| Dec 31, 2023 | 20.36% |
| Sep 30, 2023 | 18.68% |
| Jun 30, 2023 | 18.01% |
| Mar 31, 2023 | 17.33% |
| Dec 31, 2022 | 15.86% |
| Sep 30, 2022 | 14.53% |
| Jun 30, 2022 | 13.75% |
| Mar 31, 2022 | 12.99% |
| Dec 31, 2021 | 13.31% |
| Sep 30, 2021 | 12.94% |