Mgic Investment (MTG) Net Long-Term Debt Issued (Repaid) (2009 - 2023)
Mgic Investment (MTG) reported Non-Current Debt of $646.87 million for Q2 2026, up 0.2% from $645.4 million a year earlier and up 0.1% from the prior quarter.
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Analysis
Mgic Investment (MTG) Net Long-Term Debt Issued (Repaid) (2009 - 2023) Analysis & Trends
At the end of FY2025, Mgic Investment posted Non-Current Debt of $646.14 million, up 0.2% from FY2024.
- Non-Current Debt has increased for three consecutive years, though with a five-year compound annual growth rate of -6.0% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $644.67 million in FY2024 (+0.2%), $643.2 million in FY2023 (+0.2%), $641.72 million in FY2022 (-27.2%) and $881.51 million in FY2021 (+0.2%).
- The Q2 2026 figure ranks as the highest quarterly Non-Current Debt since Q2 2022.
- Year over year, Non-Current Debt has now increased in each of the last 12 quarters, with growth averaging 0.2% over the last eight quarters.
- The high point for year-over-year Non-Current Debt in five years was Q3 2021 (growth of 0.2%); the low point was Q2 2023 (a decline of 27.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $646.51 million (Q1 2026), $646.14 million (Q4 2025) and $645.77 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.29 Bn | 85.93 Bn | 8.67 Bn | 493.00 Mn |
| 2 | Progressive | 132.20 Bn | 107.72 Bn | 8.29 Bn | - |
| 3 | Marsh & Mclennan Companies | 96.60 Bn | 88.76 Bn | - | -637.00 Mn |
| 4 | Travelers Companies | 82.11 Bn | 59.60 Bn | 5.93 Bn | - |
| 5 | Manulife Financial | 75.43 Bn | 8.45 Bn | - | - |
| 6 | Arthur J. Gallagher | 71.09 Bn | 65.68 Bn | - | 1.00 Mn |
| 7 | Aon | 70.49 Bn | 49.69 Bn | - | - |
| 8 | Metlife | 65.52 Bn | -41.26 Bn | 7.82 Bn | - |
| 9 | Allstate | 64.49 Bn | 24.33 Bn | 7.41 Bn | - |
| 10 | Mgic Investment | 5.79 Bn | 4.71 Bn | 275.14 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -28.64 Mn |
| Dec 31, 2022 | -210,000.00 |
| Sep 30, 2022 | -256.34 Mn |
| Jun 30, 2022 | -17.90 Mn |
| Mar 31, 2022 | -211.97 Mn |
| Dec 31, 2021 | -98.61 Mn |
| Jun 30, 2017 | -145.62 Mn |
| Sep 30, 2016 | 237.16 Mn |
| Jun 30, 2016 | -48.74 Mn |
| Mar 31, 2016 | 20.90 Mn |
| Dec 31, 2015 | -73.11 Mn |
| Dec 31, 2014 | 995,000.00 |
| Mar 31, 2014 | -21.77 Mn |
| Sep 30, 2013 | -72,000.00 |
| Jun 30, 2013 | -17.21 Mn |
| Mar 31, 2013 | 484.67 Mn |
| Dec 31, 2011 | -49.54 Mn |
| Sep 30, 2011 | -77.41 Mn |
| Dec 31, 2010 | -1.00 Mn |
| Sep 30, 2010 | -77,000.00 |
API Access
Mgic Investment Net Long-Term Debt Issued (Repaid) 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=non-current-debt&ticker=MTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=MTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();