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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 2024 |
FY 2023 |
FY 2022 |
FY 2021 |
| IV Quarter |
December |
-
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283.96
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292.25
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293.86
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| III Quarter |
September |
-
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296.51
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292.80
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297.85
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| II Quarter |
June |
305.28
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290.68
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293.12
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297.96
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| I Quarter |
March |
294.36
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283.97
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294.62
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302.28
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| FY |
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599.64
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1,155.12
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1,172.79
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1,191.95
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| MTG Revenue second quarter 2024 Y/Y Growth Comment |
Mgic Investment Corp achieved in the second quarter 2024, above Company average Revenue improvement of 5.02% year on year, to $ 305.28 millions.
Looking into second quarter 2024 results within Property & Casualty Insurance industry 20 other companies have achieved higher Revenue growth. While Mgic Investment Corp' s Revenue increase of 5.02% ranks overall at the positon no. 590 in the second quarter 2024.
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| MTG Revenue ( Y/Y Growth %) |
2024
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2023 |
2022 |
2021 |
| IV Quarter |
December |
- |
-2.84 % |
-0.55 % |
-0.72 % |
| III Quarter |
September |
- |
1.27 % |
-1.7 % |
1.32 % |
| II Quarter |
June |
5.02 % |
-0.83 % |
-1.62 % |
-2.91 % |
| I Quarter |
March |
3.66 % |
-3.61 % |
-2.53 % |
-3 % |
| FY |
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- |
-1.51 % |
-1.61 % |
-1.37 % |
MTG Revenue (Quarter on Quarter Growth %) |
2024
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2023 |
2022 |
2021 |
| IV Quarter |
December |
- |
-4.23 % |
-0.19 % |
-1.34 % |
| III Quarter |
September |
- |
2.01 % |
-0.11 % |
-0.04 % |
| II Quarter |
June |
3.71 % |
2.36 % |
-0.51 % |
-1.43 % |
| I Quarter |
March |
3.66 % |
-2.83 % |
0.26 % |
2.12 % |
| FY (Year on Year) |
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- |
-1.51 % |
-1.61 % |
-1.37 % |
| Revenue Y/Y Growth Statistics |
| High |
Average |
Low |
| 29 % |
-1.02 % |
-24.59 % |
| (Sep. 30, 2015) |
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(Dec 31 2013) |
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| Revenue Y/Y Growth Statistics |
| High |
Average |
Low |
| 29 % |
-1.02 % |
-24.59 % |
| (Sep. 30, 2015) |
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(Dec 31 2013) |
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| Revenue by Quarter for the Fiscal Years 2021, 2022, 2023, 2024 |
Mgic Investment's Q/Q Revenue Growth
| Revenue Q/Q Growth Statistics |
| High |
Average |
Low |
| 46.61 % |
0.27 % |
-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 2024 above company average sequential Revenue growth of 3.71%, to $ 305.28 millions, from $294.36 millions in the first quarter.
MTG is going from strength to strength, not only claiming better then regular gain, and additionally increasing pace.
Within Property & Casualty Insurance industry 4 other companies have achieved higher Revenue quarter on quarter growth. While Mgic Investment's Revenue growth quarter on quarter, overall rank is 461. |
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| Revenue Q/Q Growth Statistics |
| High |
Average |
Low |
| 46.61 % |
0.27 % |
-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 2024 above company average sequential Revenue growth of 3.71%, to $ 305.28 millions, from $294.36 millions in the first quarter.
Property & Casualty Insurance company is undergoing a remarkable growth, not just recording better then normal growth, but also improving rate, Maria Simőes, Property & Casualty Insurance industry researcher located in Madrid added.
Within Property & Casualty Insurance industry 4 other companies have achieved higher Revenue quarter on quarter growth. While Mgic Investment's Revenue growth quarter on quarter, overall rank is 461. |
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Mgic Investment's 12 Months Revenue Growth Year on Year
Revenue TTM Growth |
12 Months Ending
(Jun 30 2024) |
12 Months Ending
(Mar 31 2024) |
12 Months Ending
(Dec 31 2023) |
12 Months Ending
(Sep 30 2023) |
12 Months Ending
(Jun 30 2023) |
| Cumulative Revenue 12 Months Ending |
$ 1,180.10 |
$ 1,165.50 |
$ 1,155.10 |
$ 1,163.40 |
$ 1,159.69 |
| Y / Y Revenue Growth (TTM) |
1.76 % |
0.29 % |
-1.51 % |
-0.94 % |
-1.67 % |
| Year on Year Revenue Growth Overall
Ranking |
# 1596 |
# 722 |
# 1898 |
# 2358 |
# 799 |
| Seqeuential Revenue Change (TTM) |
1.25 % |
0.9 % |
-0.71 % |
0.32 % |
-0.21 % |
| Seq. Revenue Growth (TTM) Overall
Ranking |
# 1474 |
# 689 |
# 1425 |
# 2256 |
# 2493 |
| Cumulative Revenue growth
Comment |
Mgic Investment saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 1.76% year on year, to $ 1,180 millions if the fiscal year would have ended in Jun 30 2024.
Mgic Investment's trailing twelve months Revenue growth was higher than company's average -1.02% and higher than 0.29% growth in Mar 31 2024.
But from the previous reporting period rise was slower at 1.25 % from $1165.5 millions recorded in twelve months ending a quarter Mar 31 2024.
Still it was confirmation of convincing trend, while the typical sequential Revenue advancement lays at -1.02%.
The momentum is even higher sequentially showed at 1.25 % rise from $1165.5 millions in twelve months ending a quarter Mar 31 2024.
In the Financial sector 379 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 722 to 1596. |
| Revenue TTM Q/Q Growth Statistics |
| High |
Average |
Low |
29 % |
-1.02 % |
-24.59 % |
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| Revenue TTM Y/Y Growth Statistics |
| High |
Average |
Low |
29 % |
-1.02 % |
-24.59 % |
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| Revenue TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 42 |
| Sector |
# 349 |
| S&P 500 |
# 1474 |
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| Cumulative Revenue growth
Comment |
Mgic Investment saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 1.76% year on year, to $ 1,180 millions if the fiscal year would have ended in Jun 30 2024.
Mgic Investment's trailing twelve months Revenue growth was higher than company's average -1.02% and higher than 0.29% growth in Mar 31 2024.
But from the previous reporting period increase was beneth at 1.25 % from $1165.5 millions reported in twelve months ending a quarter before Maria Simőes added on.
Still it was confirmation of strength, while the typical sequential Revenue advancement stands at -1.02%.
The growth was much more impressive sequentially showed at 1.25 % rise from $1165.5 millions in twelve months ending a quarter Mar 31 2024.
In the Financial sector 379 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 722 to 1596. |
| Revenue TTM Q/Q Growth Statistics |
| High |
Average |
Low |
29 % |
-1.02 % |
-24.59 % |
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| Revenue TTM Y/Y Growth Statistics |
| High |
Average |
Low |
29 % |
-1.02 % |
-24.59 % |
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| Revenue TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 42 |
| Sector |
# 349 |
| S&P 500 |
# 1474 |
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8.68%