Mgic Investment (MTG) Times Interest Earned (2009 - 2026)
Mgic Investment's Times Interest Earned came in at 24.60 for Q2 2026, down 10.0% from 27.33 a year earlier but up 26.1% from the prior quarter.
Mgic Investment (MTG) Times Interest Earned (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mgic Investment reported Times Interest Earned of 22.42, down 16.5% year-over-year; for FY2025, it was 24.71, down 7.8% from FY2024.
- Going back by year, Times Interest Earned was 26.79 in FY2024 (+12.2%), 23.88 in FY2023 (+37.4%), 17.39 in FY2022 (+68.3%) and 10.33 in FY2021 (+216.6%).
- The five-year range for quarterly Times Interest Earned is 12.09 (Q3 2021) to 27.45 (Q3 2024).
- Year-over-year, Times Interest Earned has declined for four consecutive quarters, with an average decline of 5.3% over the last eight quarters.
- The fastest year-over-year change in Times Interest Earned over five years came in Q3 2022 (growth of 68.0%), and the weakest in Q4 2025 (a decline of 25.4%).
- Business Quant data shows MTG's Times Interest Earned at 19.51 (Q1 2026), 20.39 (Q4 2025) and 25.17 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | -22.63 |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | -15.34 |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | -117.76 |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | 7.60 |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | -27.92 |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | 6.14 |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | -3.36 |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | 5.11 |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | 3.46 |
| 10 | Mgic Investment | 5.34 Bn | 4.20 Bn | 284.40 Mn | 24.60 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.60 |
| Mar 31, 2026 | 19.51 |
| Dec 31, 2025 | 20.39 |
| Sep 30, 2025 | 25.17 |
| Jun 30, 2025 | 27.33 |
| Mar 31, 2025 | 25.29 |
| Dec 31, 2024 | 27.35 |
| Sep 30, 2024 | 27.45 |
| Jun 30, 2024 | 27.14 |
| Mar 31, 2024 | 24.20 |
| Dec 31, 2023 | 24.75 |
| Sep 30, 2023 | 25.32 |
| Jun 30, 2023 | 23.96 |
| Mar 31, 2023 | 20.18 |
| Dec 31, 2022 | 22.31 |
| Sep 30, 2022 | 20.31 |
| Jun 30, 2022 | 16.11 |
| Mar 31, 2022 | 13.42 |
| Dec 31, 2021 | 13.58 |
| Sep 30, 2021 | 12.09 |
Mgic Investment Times Interest Earned API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=times-interest-earned&ticker=MTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "ticker": "MTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=times-interest-earned&ticker=MTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();