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Mgic Investment Corp (MTG) |
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MTG's Revenue Growth by Quarter and Year
Mgic Investment's Revenue results by quarter and year
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Select the Comparisons :
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Select the Ratio:
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| MTG Revenue (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
| IV Quarter |
December |
-
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292.25
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293.86
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296.00
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| III Quarter |
September |
-
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292.80
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297.85
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293.97
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| II Quarter |
June |
290.68
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293.12
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297.96
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306.89
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| I Quarter |
March |
283.97
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294.62
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302.28
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311.63
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| FY |
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574.65
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1,172.79
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1,191.95
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1,208.49
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| MTG Revenue second quarter 2023 Y/Y Growth Comment |
Mgic Investment Corp reported decrease in Revenue in the second quarter 2023 by -0.83% to $ 290.68 millions, from the same quarter in 2022.
Despite modest results in the second quarter 2023, contraction in Mgic Investment Corp's Revenue appears to be smaller than Company's recent average decline.
Looking into second quarter 2023 results within Property & Casualty Insurance industry 50 other companies have achieved higher Revenue growth. While Mgic Investment Corp' s Revenue decline of -0.83% ranks overall at the positon no. 2166 in the second quarter 2023.
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| MTG Revenue ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
| IV Quarter |
December |
- |
-0.55 % |
-0.72 % |
-7.03 % |
| III Quarter |
September |
- |
-1.7 % |
1.32 % |
0.56 % |
| II Quarter |
June |
-0.83 % |
-1.62 % |
-2.91 % |
5.23 % |
| I Quarter |
March |
-3.61 % |
-2.53 % |
-3 % |
9.1 % |
| FY |
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- |
-1.61 % |
-1.37 % |
1.73 % |
MTG Revenue (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
| IV Quarter |
December |
- |
-0.19 % |
-1.34 % |
0.69 % |
| III Quarter |
September |
- |
-0.11 % |
-0.04 % |
-4.21 % |
| II Quarter |
June |
2.36 % |
-0.51 % |
-1.43 % |
-1.52 % |
| I Quarter |
March |
-2.83 % |
0.26 % |
2.12 % |
-2.12 % |
| FY (Year on Year) |
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- |
-1.61 % |
-1.37 % |
1.73 % |
| Revenue Y/Y Growth Statistics |
| High |
Average |
Low |
| 50.36 % |
-0.96 % |
-32.16 % |
| (Sep. 30, 2007) |
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(Dec 31 2013) |
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| Revenue Y/Y Growth Statistics |
| High |
Average |
Low |
| 50.36 % |
-0.96 % |
-32.16 % |
| (Sep. 30, 2007) |
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(Dec 31 2013) |
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| Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Mgic Investment's Q/Q Revenue Growth
| Revenue Q/Q Growth Statistics |
| High |
Average |
Low |
| 46.61 % |
0.21 % |
-28.15 % |
| (Sep. 30, 2007) |
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| MTG's II. Quarter Q/Q Revenue Comment |
Mgic Investment Corp achieved in the II. Quarter 2023 above company average sequential Revenue growth of 2.36%, to $ 290.68 millions, from $283.97 millions in the first quarter.
MTG is impressively improving, with claiming above regular gain, but also accelerating pace.
Within Property & Casualty Insurance industry 18 other companies have achieved higher Revenue quarter on quarter growth. While Mgic Investment's Revenue growth quarter on quarter, overall rank is 563. |
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| Revenue Q/Q Growth Statistics |
| High |
Average |
Low |
| 46.61 % |
0.21 % |
-28.15 % |
| (Sep. 30, 2007) |
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| MTG's II. Quarter Q/Q Revenue Comment |
Mgic Investment Corp achieved in the II. Quarter 2023 above company average sequential Revenue growth of 2.36%, to $ 290.68 millions, from $283.97 millions in the first quarter.
Mgic Investment is undergoing a remarkable growth, with claiming better then regular growth, and also increasing speed.
Within Property & Casualty Insurance industry 18 other companies have achieved higher Revenue quarter on quarter growth. While Mgic Investment's Revenue growth quarter on quarter, overall rank is 563. |
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Mgic Investment's 12 Months Revenue Growth Year on Year
Revenue TTM Growth |
12 Months Ending
(Jun 30 2023) |
12 Months Ending
(Mar 31 2023) |
12 Months Ending
(Dec 31 2022) |
12 Months Ending
(Sep 30 2022) |
12 Months Ending
(Jun 30 2022) |
| Cumulative Revenue 12 Months Ending |
$ 1,159.69 |
$ 1,162.13 |
$ 1,172.79 |
$ 1,174.39 |
$ 1,179.45 |
| Y / Y Revenue Growth (TTM) |
-1.67 % |
-1.87 % |
-1.61 % |
-1.65 % |
-0.9 % |
| Year on Year Revenue Growth Overall
Ranking |
# 799 |
# 774 |
# 1845 |
# 770 |
# 911 |
| Seqeuential Revenue Change (TTM) |
-0.21 % |
-0.91 % |
-0.14 % |
-0.43 % |
-0.41 % |
| Seq. Revenue Growth (TTM) Overall
Ranking |
# 2493 |
# 2568 |
# 1801 |
# 746 |
# 902 |
| Cumulative Revenue growth
Comment |
Mgic Investment showed decline, but improvement compare to trailing twelve month Revenue decrease in Mar 31 2023. If the fiscal year would end in Jun 30 2023, Mgic Investment's annual Revenue decline would be -1.67% year on year to $1,160 millions.
In the Financial sector 158 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 774 to 799. |
| Revenue TTM Q/Q Growth Statistics |
| High |
Average |
Low |
29 % |
-1.07 % |
-24.59 % |
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| Revenue TTM Y/Y Growth Statistics |
| High |
Average |
Low |
29 % |
-1.07 % |
-24.59 % |
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| Revenue TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 48 |
| Sector |
# 555 |
| S&P 500 |
# 2493 |
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| Cumulative Revenue growth
Comment |
Mgic Investment showed decline, but improvement compare to trailing twelve month Revenue decrease in Mar 31 2023. If the fiscal year would end in Jun 30 2023, Mgic Investment's annual Revenue fall would be -1.67% year on year to $1,160 millions.
In the Financial sector 158 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 774 to 799. |
| Revenue TTM Q/Q Growth Statistics |
| High |
Average |
Low |
29 % |
-1.07 % |
-24.59 % |
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| Revenue TTM Y/Y Growth Statistics |
| High |
Average |
Low |
29 % |
-1.07 % |
-24.59 % |
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| Revenue TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 48 |
| Sector |
# 555 |
| S&P 500 |
# 2493 |
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