A longitudinal magnetic recording medium having a high medium S/N, with no problems in view of the overwrite characteristic, excellent in the bit error rate and sufficiently stable also to thermal fluctuations is provided. In one embodiment, a first underlayer, second underlayer, and a third underlayer are formed on a substrate and, further, a first magnetic layer, a spacer layer including Ru as a main ingredient, a second magnetic layer, and a third magnetic layer are formed in adjacent with each other in this order. The thickness of the second magnetic layer is made larger than the thickness of the third magnetic layer and the total for the concentrations of cobalt and platinum obtained in the second magnetic layer is not more than the total for the concentrations of cobalt and platinum contained in the third magnetic layer.