MGIC Investment Cost of Goods Sold 2010-2024 | MTG
MGIC Investment annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
- MGIC Investment cost of goods sold for the quarter ending June 30, 2024 was $0.034B, a 5.24% decline year-over-year.
- MGIC Investment cost of goods sold for the twelve months ending June 30, 2024 was $0.190B, a 81.01% increase year-over-year.
- MGIC Investment annual cost of goods sold for 2023 was $0.205B, a 1248.13% decline from 2022.
- MGIC Investment annual cost of goods sold for 2022 was $-0.018B, a 106.79% decline from 2021.
- MGIC Investment annual cost of goods sold for 2021 was $0.263B, a 51.4% decline from 2020.
MGIC Investment Annual Cost of Goods Sold
(Millions of US $) |
| 2023 |
$205 |
| 2022 |
$-18 |
| 2021 |
$263 |
| 2020 |
$541 |
| 2019 |
$301 |
| 2018 |
$215 |
| 2017 |
$213 |
| 2016 |
$391 |
| 2015 |
$475 |
| 2014 |
$610 |
| 2013 |
$995 |
| 2012 |
$2,200 |
| 2011 |
$1,878 |
| 2010 |
$1,774 |
| 2009 |
$3,350 |
MGIC Investment Quarterly Cost of Goods Sold
(Millions of US $) |
| 2024-06-30 |
$34 |
| 2024-03-31 |
$64 |
| 2023-12-31 |
$42 |
| 2023-09-30 |
$50 |
| 2023-06-30 |
$36 |
| 2023-03-31 |
$77 |
| 2022-12-31 |
$39 |
| 2022-09-30 |
$-47 |
| 2022-06-30 |
$-46 |
| 2022-03-31 |
$35 |
| 2021-12-31 |
$18 |
| 2021-09-30 |
$75 |
| 2021-06-30 |
$83 |
| 2021-03-31 |
$88 |
| 2020-12-31 |
$90 |
| 2020-09-30 |
$86 |
| 2020-06-30 |
$262 |
| 2020-03-31 |
$103 |
| 2019-12-31 |
$72 |
| 2019-09-30 |
$79 |
| 2019-06-30 |
$65 |
| 2019-03-31 |
$85 |
| 2018-12-31 |
$74 |
| 2018-09-30 |
$42 |
| 2018-06-30 |
$28 |
| 2018-03-31 |
$70 |
| 2017-12-31 |
$9 |
| 2017-09-30 |
$70 |
| 2017-06-30 |
$66 |
| 2017-03-31 |
$68 |
| 2016-12-31 |
$85 |
| 2016-09-30 |
$99 |
| 2016-06-30 |
$82 |
| 2016-03-31 |
$125 |
| 2015-12-31 |
$129 |
| 2015-09-30 |
$123 |
| 2015-06-30 |
$109 |
| 2015-03-31 |
$115 |
| 2014-12-31 |
$145 |
| 2014-09-30 |
$143 |
| 2014-06-30 |
$166 |
| 2014-03-31 |
$155 |
| 2013-12-31 |
$230 |
| 2013-09-30 |
$222 |
| 2013-06-30 |
$231 |
| 2013-03-31 |
$313 |
| 2012-12-31 |
$728 |
| 2012-09-30 |
$530 |
| 2012-06-30 |
$571 |
| 2012-03-31 |
$372 |
| 2011-12-31 |
$519 |
| 2011-09-30 |
$501 |
| 2011-06-30 |
$501 |
| 2011-03-31 |
$357 |
| 2010-12-31 |
$482 |
| 2010-09-30 |
$432 |
| 2010-06-30 |
$362 |
| 2010-03-31 |
$499 |
| 2009-12-31 |
$892 |
| 2009-09-30 |
$1,009 |
| 2009-06-30 |
$767 |
| 2009-03-31 |
$682 |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Multi-Line Insurance Providers |
$6.197B |
$1.155B |
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MGIC Investment Corp. is the parent company of Mortgage Guaranty Insurance Corporation, a private mortgage insurer. It established the private mortgage insurance industry to provide a private market alternative to federal government insurance programs for families wanting to buy a home. With a focus on sustainable home ownership, MGIC Investment provides a critical component of the country's residential mortgage finance system by protecting mortgage investors from credit losses. MGIC Investment Corporation primarily covers single-family, first-time mortgage loans by providing primary insurance to cushion lenders against non-payment of individual loans and expands home ownership opportunities by enabling people to purchase homes with smaller down payments. Through its wholly-owned subsidiaries, the company provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The company offers mortgage insurance via Primary Insurance and Other Insurance.
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