Permanent magnets made from SmCo 5 exhibit negative reversible change in magnetization with increasing temperature, typically of the order of 0.04% per deg C between -100 and +200°C. For certain special applications in precision instruments such as gyros and accelerometers, it is highly desirable to improve this property. Earlier studies have shown that ternaries of the composition R x Sm 1-x Co 5 (where R = Gd, Ho, Er, or Dy and x is nearly 0.4) exhibit improved temperature compensation. A systematic investigation of the temperature coefficients of magnetization of a number of quaternaries in the temperature range 100-400 K has been undertaken. The effect of variation of the cobalt concentration on the temperature compensation of one typical system has also been examined. The results indicate that good temperature compensated magnets can be synthesized with composition Sm 0.6 Gd 0.3 DY 0.1 Co 5 (α = 0.0056 at 200-300 K; 0.002 at 300-350 K and ∼0 at 350-400 K). Slight variation of cobalt concentration does not have significant effects on the temperature compensation. Lattice constants, saturation magnetization, and the theoretical energy products of a number of quaternaries are also reported.