Mgic Investment (MTG) Gross Margin (2022 - 2026)
Mgic Investment (MTG) posted Gross Margin of 96.28% for Q2 2026, down 2.79 percentage points from 99.07% a year earlier but up 7.47 percentage points from the prior quarter.
Mgic Investment (MTG) Gross Margin (2022 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Mgic Investment was 92.78%, down 6.11 percentage points year-over-year; for FY2025, it was 95.97%, down 2.80 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +26.39 percentage points (FY2020 to FY2025).
- In prior years, Mgic Investment's Gross Margin was 98.77% in FY2024 (+0.58 pp), 98.19% in FY2023 (+19.90 pp), 78.29% in FY2022 (-16.26 pp) and 94.55% in FY2021 (+24.97 pp).
- Quarterly Gross Margin has run from a low of 64.12% in Q3 2022 to a high of 102.89% in Q4 2024 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last four quarters, with an average year-over-year change of -2.25 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2023, with a gain of 35.85 percentage points; the weakest was Q4 2025, with a drop of 13.34 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 88.81% (Q1 2026), 89.55% (Q4 2025) and 96.41% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,082.55 Bn | -334.93 Bn | 55.86 Bn | 54.87% |
| 2 | Chubb | 128.03 Bn | 80.09 Bn | 9.13 Bn | 57.69% |
| 3 | Progressive | 122.38 Bn | 98.22 Bn | 9.04 Bn | 38.28% |
| 4 | Marsh & Mclennan Companies | 81.46 Bn | 73.20 Bn | - | - |
| 5 | Travelers Companies | 75.77 Bn | 52.02 Bn | 6.23 Bn | 51.27% |
| 6 | Manulife Financial | 73.91 Bn | 75.11 Bn | - | - |
| 7 | Metlife | 60.71 Bn | -45.77 Bn | 7.82 Bn | 40.82% |
| 8 | Aon | 58.53 Bn | 51.77 Bn | - | - |
| 9 | Arthur J. Gallagher | 58.38 Bn | 52.82 Bn | - | - |
| 10 | Mgic Investment | 5.84 Bn | 4.70 Bn | 284.40 Mn | 96.28% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 96.28% |
| Mar 31, 2026 | 88.81% |
| Dec 31, 2025 | 89.55% |
| Sep 30, 2025 | 96.41% |
| Jun 30, 2025 | 99.07% |
| Mar 31, 2025 | 96.87% |
| Dec 31, 2024 | 102.89% |
| Sep 30, 2024 | 96.79% |
| Jun 30, 2024 | 94.01% |
| Mar 31, 2024 | 98.45% |
| Dec 31, 2023 | 96.64% |
| Sep 30, 2023 | 99.97% |
| Jun 30, 2023 | 93.91% |
| Mar 31, 2023 | 97.73% |
| Dec 31, 2022 | 89.35% |
| Sep 30, 2022 | 64.12% |
| Jun 30, 2022 | 66.21% |
| Mar 31, 2022 | 93.44% |
Mgic Investment Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();