Mgic Investment (MTG) Treasury Shares (2009 - 2024)
Mgic Investment's Treasury Shares came in at $1.75 billion for Q3 2024, up 38.8% from $1.26 billion a year earlier and up 7.6% from the prior quarter.
Mgic Investment (MTG) Treasury Shares (2009 - 2024) Analysis & Trends
At the end of FY2023, Mgic Investment's Treasury Shares was $1.38 billion, up 31.8% from FY2022.
- Treasury Shares has increased in each of the last five years, with a five-year compound annual growth rate of 51.2% (FY2018 to FY2023).
- Going back by year, Treasury Shares was $1.05 billion in FY2022 (+55.5%), $675.27 million in FY2021 (+71.7%), $393.33 million in FY2020 (+38.9%) and $283.2 million in FY2019 (+61.8%).
- The Q3 2024 figure represents the highest quarterly Treasury Shares in data going back to Q4 2009.
- Year-over-year, Treasury Shares has increased for 13 consecutive quarters, with growth averaging 37.3% over the last eight quarters.
- The fastest year-over-year change in Treasury Shares over five years came in Q1 2020 (growth of 132.6%), and the weakest in Q1 2021 (a decline of 2.3%).
- Business Quant data shows MTG's Treasury Shares at $1.62 billion (Q2 2024), $1.47 billion (Q1 2024) and $1.38 billion (Q4 2023) in the three quarters before Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Treasury Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | 83.70 Bn |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | 14.49 Mn |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | 217.00 Mn |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | 82.72 Mn |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | 586.80 Mn |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | - |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | 559.04 Mn |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | - |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | - |
| 10 | Mgic Investment | 5.34 Bn | 4.20 Bn | 284.40 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 115.14 Mn |
| Jun 30, 2024 | 109.96 Mn |
| Mar 31, 2024 | 102.36 Mn |
| Dec 31, 2023 | 98.86 Mn |
| Sep 30, 2023 | 91.88 Mn |
| Jun 30, 2023 | 87.94 Mn |
| Mar 31, 2023 | 82.99 Mn |
| Dec 31, 2022 | 77.92 Mn |
| Sep 30, 2022 | 71.88 Mn |
| Jun 30, 2022 | 65.92 Mn |
| Mar 31, 2022 | 58.77 Mn |
| Dec 31, 2021 | 51.02 Mn |
| Sep 30, 2021 | 42.02 Mn |
| Jun 30, 2021 | 32.04 Mn |
| Mar 31, 2021 | 32.04 Mn |
| Dec 31, 2020 | 32.78 Mn |
| Sep 30, 2020 | 32.78 Mn |
| Jun 30, 2020 | 32.79 Mn |
| Mar 31, 2020 | 32.79 Mn |
| Dec 31, 2019 | 24.05 Mn |
Mgic Investment Treasury Shares 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=treasury-shares&ticker=MTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "treasury-shares", "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=treasury-shares&ticker=MTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();