MTG (MGIC Investment) Interest Expense: $-36 Mil (TTM As of Mar. 2026)


MTG MGIC Investment Corp MTG
85 GF Score
Price $27.36
GF Value $28.23
Valuation Fairly Valued
! 4 Warning Signs
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What is MGIC Investment Interest Expense?

MGIC Investment MTG +1.15% 85 Interest Expense is $-36 Mil as of Mar. 2026. GuruFocus rates MTG with a GF Score™ of 85/100 and a GF Value™ of $28.23 (Fairly Valued). The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MGIC Investment's interest expense for the three months ended in Mar. 2026 was $ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-36 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. MGIC Investment's Operating Income for the three months ended in Mar. 2026 was $ 216 Mil. MGIC Investment's Interest Expense for the three months ended in Mar. 2026 was $ -9 Mil. MGIC Investment's Interest Coverage for the quarter that ended in Mar. 2026 was 24.24. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

MGIC Investment  (NYSE:MTG) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

MGIC Investment's Interest Expense for the three months ended in Mar. 2026 was $-9 Mil. Its EBIT for the three months ended in Mar. 2026 was $216 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $647 Mil.

MGIC Investment's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* EBIT (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*215.727/-8.899
=24.24

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

MGIC Investment Interest Expense Historical Data

* Premium members only.

The historical data trend for MGIC Investment's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MGIC Investment Interest Expense Chart

MGIC Investment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -71.36 -48.05 -36.91 -35.60 -35.60

MGIC Investment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.90 -8.90 -8.91 -8.90 -8.90
MTG
85GF Score
MGIC Investment Corp MTG
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MGIC Investment Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-36 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-36 Mil mean?
MGIC Investment (MTG) has a Interest Expense of $-36 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on MGIC Investment and its competitors.
Is MGIC Investment's Interest Expense too high?
MGIC Investment's current Interest Expense is $-36 Mil. Overall, MGIC Investment has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGIC Investment's Interest Expense compare to ESNT and ACT?
MGIC Investment's Interest Expense of $-36 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Insurance company?
A good Interest Expense depends on the Insurance industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on MGIC Investment and its competitors. MGIC Investment's current Interest Expense is $-36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGIC Investment stock overvalued right now?
Based on GuruFocus' analysis, MGIC Investment (MTG) is currently considered Fairly Valued. The stock's GF Value™ is $28.23, compared to a current price of $27.36 — trading 3.1% below its estimated fair value. The current Interest Expense is $-36 Mil. MGIC Investment's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For MGIC Investment (MTG), the current Interest Expense is $-36 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MGIC Investment (MTG) Overvalued in 2026?

Based on GuruFocus' analysis, MGIC Investment stock appears to be undervalued. The current stock price of $27.36 is trading 3.1% below its estimated GF Value™ of $28.23. GuruFocus considers MGIC Investment to be Fairly Valued.

Key valuation signals for MTG:

  • Interest Expense: $-36 Mil
  • GF Value™: $28.23 vs. price of $27.36 (3.1% below fair value)
  • GF Score™: 85/100 with 4 warning signs

No single metric tells the full story. See the MTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MGIC Investment Business Description

Other Exchanges MTG:Mexico
Address 250 E. Kilbourn Avenue, MGIC Plaza, Milwaukee, WI, USA, 53202
MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection account for close to the majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia, and New York.
85GF Score

Get the complete analysis for MTG

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$27.36
Price
$28.23
GF Value