Mgic Investment (MTG) Tax Provisions (2009 - 2026)

Mgic Investment's (MTG) quarterly Tax Provisions came in at $41.5 million in Q1 2026, down 15.64% year-on-year from $49.2 million in Q1 2025, and down 4.31% quarter-over-quarter from $43.4 million in Q4 2025.

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 $41.5 million for Q1 2026.

  • On a quarterly basis, Tax Provisions fell 15.64% year-over-year to $41.5 million in Q1 2026; TTM through Mar 2026 was $182.5 million, a 12.75% decrease from a year earlier, with the FY2025 full-year figure at $190.2 million, down 7.55% from the prior year.
  • Tax Provisions declined to $41.5 million in Q1 2026 per MTG's latest filing, from $43.4 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $66.6 million in Q2 2022 and bottomed at $41.1 million in Q1 2023.
  • The 5-year median for Tax Provisions is $49.2 million (2025), against an average of $50.1 million.
  • Across the five-year window, Tax Provisions surged 63.22% in 2022 and fell 22.96% in 2023, its largest moves.
  • Year by year, Tax Provisions stood at $49.0 million in 2022, then decreased by 7.45% to $45.3 million in 2023, then gained by 10.29% to $50.0 million in 2024, then dropped by 13.22% to $43.4 million in 2025, then retreated by 4.31% to $41.5 million in 2026.
  • Per Business Quant, the three latest MTG Tax Provisions figures stand at $41.5 million (Q1 2026), $43.4 million (Q4 2025), and $44.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Fidelity National Financial 13.08 Bn 10.42 Bn 3.16 Bn 175.00 Mn
2 Axis Capital Holdings 8.50 Bn 7.97 Bn 613.18 Mn 55.81 Mn
3 First American Financial 7.10 Bn 4.22 Bn 1.77 Bn 64.80 Mn
4 Enact Holdings 6.51 Bn 5.96 Bn 205.69 Mn 45.61 Mn
5 Mgic Investment 6.26 Bn 6.23 Bn 263.84 Mn 41.53 Mn
6 Essent 6.05 Bn 6.05 Bn 211.88 Mn 34.93 Mn
7 Radian 5.96 Bn 5.91 Bn 304.36 Mn 44.20 Mn
8 Assured Guaranty 3.78 Bn 3.28 Bn 65.00 Mn -20.00 Mn
9 NMI Holdings 3.17 Bn 3.10 Bn 134.15 Mn 25.61 Mn
10 Employers Holdings 957.12 Mn 620.72 Mn 51.80 Mn 2.60 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 40.82 Mn