MGIC Investment (MGIC Investment) Net Margin %

: 64.98% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. MGIC Investment's Net Income for the three months ended in Dec. 2023 was $185 Mil. MGIC Investment's Revenue for the three months ended in Dec. 2023 was $284 Mil. Therefore, MGIC Investment's net margin for the quarter that ended in Dec. 2023 was 64.98%.

The historical rank and industry rank for MGIC Investment's Net Margin % or its related term are showing as below:

MTG' s Net Margin % Range Over the Past 10 Years
Min: 26.73 Med: 54.53 Max: 112.55
Current: 61.72

MTG's Net Margin % is ranked better than
96.49% of 485 companies
in the Insurance industry
Industry Median: 7.39 vs MTG: 61.72

MGIC Investment Net Margin % Historical Data

The historical data trend for MGIC Investment's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MGIC Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

55.50

37.20

53.55

73.79

61.72

MGIC Investment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																65.51	54.42	65.73	61.67	64.98

Competitive Comparison

For the Insurance - Specialty subindustry, MGIC Investment's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

MGIC Investment Net Margin % Distribution

For the Insurance industry and Financial Services sector, MGIC Investment's Net Margin % distribution charts can be found below:

* The bar in red indicates where MGIC Investment's Net Margin % falls into.

MGIC Investment Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

MGIC Investment's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	712.949	/	1155.102
	=	61.72 %

MGIC Investment's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	184.504	/	283.957
	=	64.98 %

MGIC Investment (NYSE:MTG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

MGIC Investment Net Margin % Related Terms

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MGIC Investment (MGIC Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MGIC Investment Corp (NYSE:MTG) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

MGC:Germany

Address

250 E. Kilbourn Avenue, MGIC Plaza, Milwaukee, WI, USA, 53202

Website

https://www.mgic.com

MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all 50 states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia and New York.

Executives

Michael Leal Thompson	director	4 BRIDGET COURT, BURR RIDGE IL 60527
Analisa M Allen	director	250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Teresita M. Lowman	director	2235 ENTERPRISE STREET #110, ESCONDIDO CA 92029
Jodee A Kozlak	director	1000 NICOLLET MALL, TPS-3255, MINNEAPOLIS MN 55403
Jay C. Hartzell	director	250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Sheryl L. Sculley	director	250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Gary A. Poliner	director	C/O MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Daniel A. Arrigoni	director	C/O MGIC INVESTMENT CORPORATION, 250 E KILBOURN AVE, MILWAUKEE WI 53202
James J. Hughes	officer: SVP-Sales & Bus. Development	C/O MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Michael E Lehman	director
Julie K. Sperber	officer: VP-Controller & Chief Acct Off	MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Patrick Sinks	officer: Executive Vice President	250 E KILBOURN AVE, MILWAUKEE WI 53202
Steven M. Thompson	officer: EVP&CRO-Mort Gty Ins Corp	250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Nathaniel H Colson	officer: Executive Vice President & CFO	C/O MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Robert J Candelmo	officer: SVP-Chief Information Officer	250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202