Mgic Investment (MTG) Non Operating Investment Income (2013 - 2022)
Mgic Investment (MTG) recorded Non Operating Investment Income of -$1.51 million in Q1 2022, compared with $2.22 million a year earlier.
Mgic Investment (MTG) Non Operating Investment Income (2013 - 2022) Analysis & Trends
On a TTM basis, Mgic Investment's Non Operating Investment Income came in at $2.86 million as of Mar 31, 2022, down 79.7% year-over-year; for FY2021, it was $6.58 million, down 52.1% from FY2020.
- Annual Non Operating Investment Income has a five-year compound annual growth rate of -5.9% (FY2016 to FY2021).
- Across earlier years, Non Operating Investment Income came in at $13.75 million in FY2020 (+159.2%), $5.31 million in FY2019, -$1.35 million in FY2018 and $231,000 in FY2017 (-97.4%).
- The Q1 2022 figure is the lowest quarterly Non Operating Investment Income since Q2 2018.
- On a year-over-year basis, Non Operating Investment Income rose in two of the last six quarters, with an average decline of 15.2%.
- Per Business Quant, the preceding three quarters came in at $1.19 million (Q4 2021), $1.01 million (Q3 2021) and $2.17 million (Q2 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Op. Investment Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn | 16.08 Bn |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn | 162.00 Mn |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn | 588.00 Mn |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - | -5.00 Mn |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn | 60.00 Mn |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - | - |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn | -428.00 Mn |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - | - |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - | - |
| 10 | Mgic Investment | 5.57 Bn | 4.43 Bn | 284.40 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2022 | -1.51 Mn |
| Dec 31, 2021 | 1.19 Mn |
| Sep 30, 2021 | 1.01 Mn |
| Jun 30, 2021 | 2.17 Mn |
| Mar 31, 2021 | 2.22 Mn |
| Dec 31, 2020 | 2.90 Mn |
| Sep 30, 2020 | 2.26 Mn |
| Jun 30, 2020 | 6.70 Mn |
| Mar 31, 2020 | 1.89 Mn |
| Dec 31, 2019 | 1.32 Mn |
| Sep 30, 2019 | 4.21 Mn |
| Jun 30, 2019 | 307,000.00 |
| Mar 31, 2019 | -526,000.00 |
| Dec 31, 2018 | -241,000.00 |
| Sep 30, 2018 | 1.11 Mn |
| Jun 30, 2018 | -1.90 Mn |
| Mar 31, 2018 | -329,000.00 |
| Dec 31, 2017 | 458,000.00 |
| Sep 30, 2017 | -50,000.00 |
| Jun 30, 2017 | -52,000.00 |
Mgic Investment Non Operating Investment Income 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-operating-investment-income&ticker=MTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-investment-income", "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-operating-investment-income&ticker=MTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();