Mgic Investment (MTG) Depreciation and Depletion (2024 - 2026)
Mgic Investment's Depreciation and Depletion was $715,000 in Q2 2026, down 24.0% from $941,000 a year earlier but up 3.5% from the prior quarter.
Mgic Investment (MTG) Depreciation and Depletion (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mgic Investment's Depreciation and Depletion was $2.82 million through Jun 30, 2026, down 25.7% year-over-year; for FY2025, it was $3.3 million, down 21.4% from FY2024.
- Depreciation and Depletion has now declined for six consecutive years, with a five-year compound annual growth rate of -12.1% (FY2020 to FY2025).
- In earlier years, Depreciation and Depletion was $4.2 million in FY2024 (-8.7%), $4.6 million in FY2023 (-6.1%), $4.9 million in FY2022 (-12.5%) and $5.6 million in FY2021 (-11.1%).
- Quarterly Depreciation and Depletion has moved between $668,000 (Q3 2025) and $1.14 million (Q2 2024) over five years.
- Compared with a year earlier, Depreciation and Depletion has declined for six straight quarters, with an average decline of 23.0% over the last six quarters.
- Per Business Quant data, MTG's Depreciation and Depletion in the three quarters before Q2 2026 was $691,000 (Q1 2026), $748,000 (Q4 2025) and $668,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,079.16 Bn | -338.32 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.75 Bn | 79.80 Bn | 9.13 Bn | - |
| 3 | Progressive | 122.68 Bn | 98.52 Bn | 9.04 Bn | 82.00 Mn |
| 4 | Marsh & Mclennan Companies | 82.15 Bn | 73.89 Bn | - | - |
| 5 | Travelers Companies | 75.41 Bn | 51.66 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 72.51 Bn | 73.72 Bn | - | - |
| 7 | Metlife | 60.18 Bn | -46.30 Bn | 7.82 Bn | - |
| 8 | Arthur J. Gallagher | 59.45 Bn | 53.89 Bn | - | 57.00 Mn |
| 9 | Aon | 58.55 Bn | 51.79 Bn | - | 49.00 Mn |
| 10 | Mgic Investment | 5.45 Bn | 4.31 Bn | 284.40 Mn | 715,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 715,000.00 |
| Mar 31, 2026 | 691,000.00 |
| Dec 31, 2025 | 748,000.00 |
| Sep 30, 2025 | 668,000.00 |
| Jun 30, 2025 | 941,000.00 |
| Mar 31, 2025 | 943,000.00 |
| Dec 31, 2024 | 1.01 Mn |
| Sep 30, 2024 | 903,000.00 |
| Jun 30, 2024 | 1.14 Mn |
| Mar 31, 2024 | 1.14 Mn |
Mgic Investment Depreciation and Depletion 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=depreciation-and-depletion&ticker=MTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=MTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();