Mgic Investment (MTG) Gains (Losses) on Sale of Assets & Investments (2009 - 2022)
Mgic Investment (MTG) recorded Non Operating Investment Income of -$1.51 million in Q1 2022, compared with $2.22 million a year earlier.
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Analysis
Mgic Investment (MTG) Gains (Losses) on Sale of Assets & Investments (2009 - 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gains on Sales (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,248.67 Bn | -185.49 Bn | 56.71 Bn | 12.00 Bn |
| 2 | Chubb | 141.22 Bn | 92.15 Bn | 8.67 Bn | -455.00 Mn |
| 3 | Progressive | 134.26 Bn | 109.78 Bn | 8.29 Bn | -161.00 Mn |
| 4 | Marsh & Mclennan Companies | 98.32 Bn | 90.72 Bn | - | 8.00 Mn |
| 5 | Travelers Companies | 82.09 Bn | 59.57 Bn | 5.93 Bn | -34.00 Mn |
| 6 | Manulife Financial | 75.36 Bn | -19.02 Bn | - | - |
| 7 | Arthur J. Gallagher | 72.54 Bn | 67.17 Bn | 3.33 Bn | - |
| 8 | Aon | 71.33 Bn | 50.56 Bn | - | - |
| 9 | Allstate | 65.04 Bn | 22.10 Bn | -9.85 Bn | -545.00 Mn |
| 10 | Mgic Investment | 5.68 Bn | 4.59 Bn | 275.14 Mn | - |
Historic Data
Download Data
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 |
API Access
Mgic Investment Gains (Losses) on Sale of Assets & Investments 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_KEYimport 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();