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

Mgic Investment (MTG) reported Tax Provisions of $41.5 million for Q1 2026, down 15.64% on a YoY basis 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 has reported Tax Provisions for 18 years, with the latest figure at $41.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 15.64% year-over-year to $41.5 million; the trailing twelve-month figure through Mar 2026 stood at $182.5 million (down 12.75% YoY), and the FY2025 full-year result was $190.2 million, down 7.55% from the prior year.
  • Tax Provisions for Q1 2026 stood at $41.5 million, down from $43.4 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.
  • Historically, Tax Provisions has averaged $50.1 million across 5 years, with a median of $49.2 million in 2025.
  • Annual changes were most pronounced in 2022 — Tax Provisions soared 63.22% — and 2023, when it dropped 22.96%.
  • 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 fell by 4.31% to $41.5 million in 2026.
  • The last three Tax Provisions figures came in at $41.5 million (Q1 2026), $43.4 million (Q4 2025), and $44.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Fidelity National Financial 12.87 Bn 10.21 Bn 2.62 Bn 175.00 Mn
2 Axis Capital Holdings 7.52 Bn 6.65 Bn - 55.81 Mn
3 First American Financial 6.80 Bn 3.91 Bn 1.24 Bn 37.00 Mn
4 Enact Holdings 6.01 Bn 5.46 Bn 205.74 Mn 45.61 Mn
5 Mgic Investment 5.57 Bn 5.32 Bn 202.12 Mn 41.53 Mn
6 Essent 5.47 Bn 5.47 Bn - 34.93 Mn
7 Radian 4.74 Bn 4.66 Bn 368.17 Mn 44.20 Mn
8 Ryan Specialty Holdings 4.62 Bn 5.05 Bn - 6.51 Mn
9 Assured Guaranty 3.42 Bn -495.48 Mn 216.00 Mn -20.00 Mn
10 NMI Holdings 2.82 Bn 2.75 Bn 152.85 Mn 25.61 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