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Taxonomy & unit
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ratio: %
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Description
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Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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Summary
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Mgic Investment Corp quarterly/annual Return On Assets history and growth rate from 2011 to 2024.
- Mgic Investment Corp Return On Assets for the quarter ending December 31, 2024 was 11.6 %, a 4.13% increase year-over-year.
- Mgic Investment Corp annual Return On Assets for 2024 was 11.6 %, a 4.13% increase from 2023.
- Mgic Investment Corp annual Return On Assets for 2023 was 11.2 %, a 16.9% decline from 2022.
- Mgic Investment Corp annual Return On Assets for 2022 was 13.4 %, a 57.4% increase from 2021.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)