MGIC Investment Gross Margin 2010-2025 | MTG
- MGIC Investment average gross margin for 2024 was 84.06%, a 4.82% increase from 2023.
- MGIC Investment average gross margin for 2023 was 88.32%, a 6.96% decline from 2022.
- MGIC Investment average gross margin for 2022 was 94.93%, a 37.4% decline from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.