Income tax expense · 2011–2025

Mgic Investment income tax expense

$190M−7.5% · FY2025

Mgic Investment (MTG) reported $190M in income tax expense for fiscal 2025, −7.5% year on year.

$1.6M2011−$1.6M2012$3.7M2013$2.8M2014−$684M2015$172M2016$429M2017$174M2018$174M2019$113M2020$167M2021$225M2022$189M2023$206M2024$190M2025
Mgic Investment — Income tax expense, 2011–2025
Fiscal yearIncome tax expenseChangeFiling
FY20252025-12-31$190M−7.5%Open →
FY20242024-12-31$206M+8.7%Open →
FY20232023-12-31$189M−15.8%Open →
FY20222022-12-31$225M+34.7%Open →
FY20212021-12-31$167M+47.4%Open →
FY20202020-12-31$113M−35.0%Open →
FY20192019-12-31$174M+0.1%Open →
FY20182018-12-31$174M−59.4%Open →
FY20172017-12-31$429M+149.0%Open →
FY20162016-12-31$172M+$857MOpen →
FY20152015-12-31−$684M−$687MOpen →
FY20142014-12-31$2.8M−24.9%Open →
FY20132013-12-31$3.7M+$5.3MOpen →
FY20122012-12-31−$1.6M−$3.2MOpen →
FY20112011-12-31$1.6M—Open →

Income tax expense — Income tax expense is the tax a company charged against profit in its income statement for the year. It is not the same as the cash it handed to tax authorities: deferred tax, provisions and timing differences separate the two, often by billions. The cash figure is a different line in the cash-flow statement.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +40.7%

Income tax expense at companies of similar size

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Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Mgic Investment income tax expense |url=https://companiesranked.com/en/company/mgic-investment/income-tax-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Mgic Investment income tax expense. CompaniesRanked. https://companiesranked.com/en/company/mgic-investment/income-tax-expense

BibTeX

@misc{companiesranked-en-company-mgic-investment-income-tax-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Mgic Investment income tax expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/mgic-investment/income-tax-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0000876437-26-000010 · February 25, 2026

{{cite web |title=Mgic Investment income tax expense — 10-K (0000876437-26-000010) |url=https://www.sec.gov/Archives/edgar/data/876437/000087643726000010/mtg-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-25}}

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