Return On Equity ratio Analysis of MGIC Investment Corp - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Indecisive ROE
14.19
Period Ending - Dec-22
Good ROE
18.64
Growth
-23.85 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Indecisive ROE
14.02
Most recent Quarter ROE
Period Ending - Mar-24
Indecisive ROE
3.41
ROE Analysis of MGIC Investment Corp
| ROE Ratio of MTG drastically fell by -23.85 % this year. |
| ROE Ratio with value of 18.64 was highest in Year Dec-22 in last Five Years. |
| ROE Ratio with value of 9.49 was lowest in Year Dec-20 in last Five Years. |
| Latest ROE Ratio with value of 14.19 is lower than Average ROE of 14.20 in last five years. |
Other ROE Related Info of MTG that may interest you.
MGIC Investment Corp Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MTG | 21.0 | 20.67 | 1.60 % | Insurance-Specialty |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| No Significant Profitability | |
FY - Historical Return On Equity of MGIC Investment Corp
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 14.19 | 18.64 | 13.06 | 9.49 | 15.64 | 18.71 | 11.28 |
| Change | -23.85 % | 42.70 % | 37.59 % | -39.28 % | -16.42 % | 65.88 % | -16.08 % |
FY Chart of Return On Equity of MGIC Investment Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)