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| 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 |