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| Date | Value |
|---|---|
| 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 |