Mgic Investment (MTG) Tax Provisions (2009 - 2026)
Mgic Investment (MTG) posted quarterly Tax Provisions of $47.8 million for Q2 2026, down 10.86% year-over-year from $53.6 million in Q2 2025, and up 15.07% quarter-over-quarter from $41.5 million in Q1 2026.
Mgic Investment (MTG) Tax Provisions (2009 - 2026) Analysis & Trends
Mgic Investment's Tax Provisions history runs 18 years deep, the most recent figure standing at $47.8 million for Q2 2026.
- In Q2 2026, Tax Provisions fell 10.86% year-over-year to $47.8 million; the TTM figure through Jun 2026 stood at $176.7 million (down 14.72% YoY), while the FY2025 annual figure was $190.2 million, down 7.55% from the prior year.
- Tax Provisions for Q2 2026 stood at $47.8 million, up from $41.5 million in the prior quarter.
- The five-year high for Tax Provisions was $66.6 million in Q2 2022, with the low at $41.1 million in Q1 2023.
- The 5-year median for Tax Provisions is $49.1 million (2022), against an average of $50.0 million.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions surged 63.22% in 2022, then slipped 22.96% in 2023.
- Mgic Investment's Tax Provisions stood at $49.0 million in 2022, then retreated by 7.45% to $45.3 million in 2023, then rose by 10.29% to $50.0 million in 2024, then slipped by 13.22% to $43.4 million in 2025, then gained by 10.11% to $47.8 million in 2026.
- Business Quant data shows MTG's Tax Provisions at $47.8 million in Q2 2026, $41.5 million in Q1 2026, and $43.4 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.65 Bn | 8.08 Bn | 3.59 Bn | 63.00 Mn |
| 2 | First American Financial | 7.36 Bn | 4.25 Bn | 1.77 Bn | 64.80 Mn |
| 3 | Axis Capital Holdings | 7.25 Bn | 6.47 Bn | 819.78 Mn | 61.40 Mn |
| 4 | Enact Holdings | 6.85 Bn | 6.36 Bn | 284.04 Mn | 45.13 Mn |
| 5 | Mgic Investment | 6.47 Bn | 6.25 Bn | 284.40 Mn | 47.78 Mn |
| 6 | Essent | 6.18 Bn | 6.18 Bn | 313.73 Mn | 40.61 Mn |
| 7 | Ryan Specialty Holdings | 5.43 Bn | 5.29 Bn | - | 22.35 Mn |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | 32.49 Mn |
| 9 | NMI Holdings | 3.42 Bn | 3.35 Bn | 157.40 Mn | 31.16 Mn |
| 10 | Assured Guaranty | 3.29 Bn | -506.61 Mn | 156.00 Mn | 9.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 47.78 Mn |
| Mar 31, 2026 | 41.53 Mn |
| Dec 31, 2025 | 43.40 Mn |
| Sep 30, 2025 | 43.97 Mn |
| Jun 30, 2025 | 53.61 Mn |
| Mar 31, 2025 | 49.22 Mn |
| Dec 31, 2024 | 50.01 Mn |
| Sep 30, 2024 | 54.33 Mn |
| Jun 30, 2024 | 55.60 Mn |
| Mar 31, 2024 | 45.78 Mn |
| Dec 31, 2023 | 45.34 Mn |
| Sep 30, 2023 | 51.55 Mn |
| Jun 30, 2023 | 51.33 Mn |
| Mar 31, 2023 | 41.06 Mn |
| Dec 31, 2022 | 48.99 Mn |
| Sep 30, 2022 | 64.64 Mn |
| Jun 30, 2022 | 66.62 Mn |
| Mar 31, 2022 | 44.43 Mn |
| Dec 31, 2021 | 44.63 Mn |
| Sep 30, 2021 | 41.76 Mn |