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

Mgic Investment's Tax Rate history runs 18 years deep, the most recent figure standing at 20.08% for Q1 2026.

• On a quarterly basis, Tax Rate fell 90.0% year-over-year to 20.08% in Q1 2026; TTM through Mar 2026 was 20.26%, a 100.0% decrease from a year earlier, with the FY2025 full-year figure at 20.48%, down 75.0% from the prior year.
• Tax Rate eased to 20.08% in Q1 2026 per MTG's latest filing, from 20.4% in the prior quarter.
• Across five years, Tax Rate topped out at 21.99% in Q3 2023 and bottomed at 18.7% in Q3 2025.
• The 5-year median for Tax Rate is 20.97% (2025), against an average of 20.76%.
• Across the five-year window, Tax Rate surged 158 bps in 2024 and plunged 266 bps in 2025, its largest moves.
• Year by year, Tax Rate stood at 20.38% in 2022, then slipped by 3 bps to 19.73% in 2023, then climbed by 8 bps to 21.31% in 2024, then fell by 4 bps to 20.4% in 2025, then declined by 2 bps to 20.08% in 2026.
• Per Business Quant, the three latest MTG Tax Rate figures stand at 20.08% (Q1 2026), 20.4% (Q4 2025), and 18.7% (Q3 2025).