MGIC Investment Gross Margin 2010-2024 | MTG
Current and historical gross margin for MGIC Investment (MTG) over the last 10 years. The current gross profit margin for MGIC Investment as of September 30, 2024 is %.
MGIC Investment Gross Margin Historical Data |
Date |
TTM Revenue |
TTM Gross Profit |
Gross Margin |
2024-09-30 |
$1.19B |
$1.01B |
84.87% |
2024-06-30 |
$1.18B |
$0.99B |
83.90% |
2024-03-31 |
$1.17B |
$0.97B |
83.45% |
2023-12-31 |
$1.16B |
$0.95B |
82.09% |
2023-09-30 |
$1.16B |
$0.96B |
82.47% |
2023-06-30 |
$1.16B |
$1.05B |
90.78% |
2023-03-31 |
$1.16B |
$1.14B |
97.93% |
2022-12-31 |
$1.17B |
$1.19B |
101.45% |
2022-09-30 |
$1.18B |
$1.21B |
103.23% |
2022-06-30 |
$1.18B |
$1.10B |
92.95% |
2022-03-31 |
$1.18B |
$0.97B |
82.08% |
2021-12-31 |
$1.19B |
$0.92B |
77.74% |
2021-09-30 |
$1.19B |
$0.86B |
71.86% |
2021-06-30 |
$1.19B |
$0.85B |
70.94% |
2021-03-31 |
$1.19B |
$0.66B |
55.80% |
2020-12-31 |
$1.20B |
$0.66B |
54.88% |
2020-09-30 |
$1.21B |
$0.69B |
56.66% |
2020-06-30 |
$1.23B |
$0.71B |
58.00% |
2020-03-31 |
$1.23B |
$0.91B |
74.04% |
2019-12-31 |
$1.21B |
$0.91B |
75.21% |
2019-09-30 |
$1.19B |
$0.89B |
74.49% |
2019-06-30 |
$1.16B |
$0.89B |
77.07% |
2019-03-31 |
$1.15B |
$0.92B |
80.00% |
2018-12-31 |
$1.12B |
$0.91B |
80.87% |
2018-09-30 |
$1.11B |
$0.96B |
86.49% |
2018-06-30 |
$1.09B |
$0.91B |
83.76% |
2018-03-31 |
$1.07B |
$0.86B |
79.93% |
2017-12-31 |
$1.07B |
$0.85B |
79.92% |
2017-09-30 |
$1.06B |
$0.77B |
72.67% |
2017-06-30 |
$1.07B |
$0.75B |
69.95% |
2017-03-31 |
$1.07B |
$0.73B |
68.48% |
2016-12-31 |
$1.06B |
$0.67B |
63.16% |
2016-09-30 |
$1.06B |
$0.62B |
58.77% |
2016-06-30 |
$1.05B |
$0.59B |
56.33% |
2016-03-31 |
$1.03B |
$0.54B |
52.82% |
2015-12-31 |
$1.04B |
$0.57B |
54.37% |
2015-09-30 |
$1.02B |
$0.53B |
52.05% |
2015-06-30 |
$0.99B |
$0.48B |
48.33% |
2015-03-31 |
$0.98B |
$0.41B |
41.97% |
2014-12-31 |
$0.94B |
$0.33B |
35.46% |
2014-09-30 |
$0.95B |
$0.26B |
27.28% |
2014-06-30 |
$0.97B |
$0.20B |
20.58% |
2014-03-31 |
$1.01B |
$0.17B |
16.62% |
2013-12-31 |
$1.04B |
$0.04B |
4.14% |
2013-09-30 |
$1.16B |
$-0.34B |
-29.02% |
2013-06-30 |
$1.21B |
$-0.59B |
-48.84% |
2013-03-31 |
$1.27B |
$-0.87B |
-68.98% |
2012-12-31 |
$1.38B |
$-0.82B |
-59.65% |
2012-09-30 |
$1.45B |
$-0.54B |
-36.93% |
2012-06-30 |
$1.49B |
$-0.48B |
-32.19% |
2012-03-31 |
$1.53B |
$-0.36B |
-23.64% |
2011-12-31 |
$1.50B |
$-0.37B |
-24.87% |
2011-09-30 |
$1.42B |
$-0.42B |
-29.83% |
2011-06-30 |
$1.46B |
$-0.31B |
-21.05% |
2011-03-31 |
$1.50B |
$-0.13B |
-8.59% |
2010-12-31 |
$1.52B |
$-0.25B |
-16.64% |
2010-09-30 |
$1.57B |
$-0.62B |
-39.49% |
2010-06-30 |
$1.60B |
$-1.16B |
-72.93% |
2010-03-31 |
$1.64B |
$-1.52B |
-92.58% |
2009-12-31 |
$1.71B |
$-1.64B |
-96.08% |
Sector |
Industry |
Market Cap |
Revenue |
Finance |
Multi-Line Insurance Providers |
$5.908B |
$1.155B |
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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