Mgic Investment (MTG) Tax Rate (2016 - 2025)
Mgic Investment (MTG) has 17 years of Tax Rate data on record, last reported at 18.7% in Q3 2025.
- For Q3 2025, Tax Rate fell 266.0% year-over-year to 18.7%; the TTM value through Sep 2025 reached 20.7%, down 15.0%, while the annual FY2024 figure was 21.24%, 26.0% up from the prior year.
- Tax Rate reached 18.7% in Q3 2025 per MTG's latest filing, down from 21.78% 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.
- Average Tax Rate over 5 years is 20.83%, with a median of 20.97% recorded in 2025.
- Peak YoY movement for Tax Rate: soared 628bps in 2021, then tumbled -266bps in 2025.
- A 5-year view of Tax Rate shows it stood at 20.42% in 2021, then fell by 0bps to 20.38% in 2022, then fell by -3bps to 19.73% in 2023, then rose by 8bps to 21.31% in 2024, then fell by -12bps to 18.7% in 2025.
- Per Business Quant database, its latest 3 readings for Tax Rate were 18.7% in Q3 2025, 21.78% in Q2 2025, and 20.97% in Q1 2025.