Magic Software Enterprises (MGIC) Operating Leases (2019 - 2024)

Magic Software Enterprises' Operating Leases history spans 6 years, with the latest figure at $22.0 million for Q4 2024.

  • For Q4 2024, Operating Leases fell 4.59% year-over-year to $22.0 million; the TTM value through Dec 2024 reached $22.0 million, down 4.59%, while the annual FY2024 figure was $22.0 million, 4.59% down from the prior year.
  • Operating Leases reached $22.0 million in Q4 2024 per MGIC's latest filing, down from $23.1 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $24.3 million in Q4 2022 to a low of $21.1 million in Q4 2020.
  • Average Operating Leases over 5 years is $22.5 million, with a median of $22.0 million recorded in 2024.
  • Peak YoY movement for Operating Leases: soared 89.85% in 2020, then fell 4.86% in 2023.
  • A 5-year view of Operating Leases shows it stood at $21.1 million in 2020, then grew by 3.78% to $21.9 million in 2021, then rose by 10.84% to $24.3 million in 2022, then decreased by 4.86% to $23.1 million in 2023, then decreased by 4.59% to $22.0 million in 2024.
  • Per Business Quant, the three most recent readings for MGIC's Operating Leases are $22.0 million (Q4 2024), $23.1 million (Q4 2023), and $24.3 million (Q4 2022).