Mgic Investment (MTG) Shares Outstanding (2009 - 2026)
Mgic Investment (MTG) posted Shares Outstanding of 209.92 million for Q2 2026, down 11.2% from 236.33 million a year earlier and down 2.9% from the prior quarter.
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Analysis
Mgic Investment (MTG) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Mgic Investment's Shares Outstanding came in at 232.98 million, down 11.0% from FY2024.
- Annual Shares Outstanding has declined for seven consecutive years, with a five-year compound annual growth rate of -7.3% (FY2020 to FY2025).
- In prior years, Mgic Investment's Shares Outstanding was 261.68 million in FY2024 (-7.7%), 283.61 million in FY2023 (-7.3%), 305.85 million in FY2022 (-8.5%) and 334.33 million in FY2021 (-1.7%).
- The Q2 2026 figure stands as the lowest quarterly Shares Outstanding since Q4 2012.
- On a year-over-year basis, Shares Outstanding has declined in each of the last 20 quarters, with an average decline of 10.2% over the last eight quarters.
- Across the past five years, year-over-year decline in Shares Outstanding ran from 0.8% in Q3 2021 to 11.5% in Q1 2026.
- According to Business Quant data, Shares Outstanding for the three prior quarters was 216.14 million (Q1 2026), 232.98 million (Q4 2025) and 229.31 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | 1.44 Mn |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | 387.41 Mn |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | 583.00 Mn |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | 480.00 Mn |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | 210.50 Mn |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | 1.70 Bn |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | 642.60 Mn |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | 213.20 Mn |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | 256.70 Mn |
| 10 | Mgic Investment | 5.34 Bn | 4.20 Bn | 284.40 Mn | 209.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 209.92 Mn |
| Mar 31, 2026 | 216.14 Mn |
| Dec 31, 2025 | 232.98 Mn |
| Sep 30, 2025 | 229.31 Mn |
| Jun 30, 2025 | 236.33 Mn |
| Mar 31, 2025 | 244.15 Mn |
| Dec 31, 2024 | 261.68 Mn |
| Sep 30, 2024 | 258.60 Mn |
| Jun 30, 2024 | 265.32 Mn |
| Mar 31, 2024 | 270.31 Mn |
| Dec 31, 2023 | 283.61 Mn |
| Sep 30, 2023 | 281.76 Mn |
| Jun 30, 2023 | 285.91 Mn |
| Mar 31, 2023 | 290.99 Mn |
| Dec 31, 2022 | 305.85 Mn |
| Sep 30, 2022 | 302.62 Mn |
| Jun 30, 2022 | 308.84 Mn |
| Mar 31, 2022 | 315.98 Mn |
| Dec 31, 2021 | 334.33 Mn |
| Sep 30, 2021 | 335.94 Mn |
API Access
Mgic Investment Shares Outstanding 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=shares-outstanding&ticker=MTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=MTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();