Mgic Investment (MTG) Total Debt (2009 - 2026)
Mgic Investment (MTG) posted Total 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.
Mgic Investment (MTG) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Mgic Investment's Total Debt came in at $646.14 million, up 0.2% from FY2024.
- Annual Total Debt has increased for three consecutive years, though with a five-year compound annual growth rate of -6.0% (FY2020 to FY2025).
- In prior years, Mgic Investment's Total Debt was $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 stands as the highest quarterly Total Debt since Q2 2022.
- On a year-over-year basis, Total Debt has increased in each of the last 12 quarters, with growth averaging 0.2% over the last eight quarters.
- The strongest year-over-year quarter for Total Debt in the past five years was Q3 2021, with growth of 0.2%; the weakest was Q2 2023, with a decline of 27.2%.
- According to Business Quant data, Total Debt for the three prior quarters was $646.51 million (Q1 2026), $646.14 million (Q4 2025) and $645.77 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,082.55 Bn | -334.93 Bn | 55.86 Bn | - |
| 2 | Chubb | 128.03 Bn | 80.09 Bn | 9.13 Bn | 1.09 Bn |
| 3 | Progressive | 122.38 Bn | 98.22 Bn | 9.04 Bn | - |
| 4 | Marsh & Mclennan Companies | 81.46 Bn | 73.20 Bn | - | 20.56 Bn |
| 5 | Travelers Companies | 75.77 Bn | 52.02 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 73.91 Bn | 75.11 Bn | - | 4.73 Bn |
| 7 | Metlife | 60.71 Bn | -45.77 Bn | 7.82 Bn | 5.60 Bn |
| 8 | Aon | 58.53 Bn | 51.77 Bn | - | 14.97 Bn |
| 9 | Arthur J. Gallagher | 58.38 Bn | 52.82 Bn | - | 13.48 Bn |
| 10 | Mgic Investment | 5.84 Bn | 4.70 Bn | 284.40 Mn | 646.87 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 646.87 Mn |
| Mar 31, 2026 | 646.51 Mn |
| Dec 31, 2025 | 646.14 Mn |
| Sep 30, 2025 | 645.77 Mn |
| Jun 30, 2025 | 645.40 Mn |
| Mar 31, 2025 | 645.04 Mn |
| Dec 31, 2024 | 644.67 Mn |
| Sep 30, 2024 | 644.30 Mn |
| Jun 30, 2024 | 643.93 Mn |
| Mar 31, 2024 | 643.56 Mn |
| Dec 31, 2023 | 643.20 Mn |
| Sep 30, 2023 | 642.83 Mn |
| Jun 30, 2023 | 642.46 Mn |
| Mar 31, 2023 | 642.09 Mn |
| Dec 31, 2022 | 641.72 Mn |
| Sep 30, 2022 | 641.36 Mn |
| Jun 30, 2022 | 882.57 Mn |
| Mar 31, 2022 | 882.04 Mn |
| Dec 31, 2021 | 881.51 Mn |
| Sep 30, 2021 | 880.98 Mn |
Mgic Investment Total Debt 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=total-debt&ticker=MTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-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=total-debt&ticker=MTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();