Magnolia Oil & Gas (MGY) Gross Margin (2017 - 2026)
Magnolia Oil & Gas' Gross Margin was 96.19% in Q3 2026, up 1.65 percentage points from 94.54% a year earlier but down 0.22 percentage points from the prior quarter.
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Analysis
Magnolia Oil & Gas (MGY) Gross Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Magnolia Oil & Gas' Gross Margin was 95.63% through Sep 30, 2026, up 0.28 percentage points year-over-year; for FY2025, it came in at 94.89%, down 2.09 percentage points from FY2024.
- Gross Margin shows a five-year change of +1.43 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 96.97% in FY2024 (+0.59 pp), 96.39% in FY2023 (+0.21 pp), 96.18% in FY2022 (+0.40 pp) and 95.78% in FY2021 (+2.32 pp).
- Quarterly Gross Margin has moved between 94.36% (Q4 2025) and 97.49% (Q2 2024) over five years.
- Compared with a year earlier, Gross Margin was higher in two of the last eight quarters, with an average year-over-year change of -0.79 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q4 2021 (a gain of 5.47 percentage points); the worst was Q2 2025 (a drop of 2.66 percentage points).
- Per Business Quant data, MGY's Gross Margin in the three quarters before Q3 2026 was 96.41% (Q2 2026), 94.92% (Q1 2026) and 94.36% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 41.92% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 46.11% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 47.31% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 62.99% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 13.53% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 83.69% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 20.76% |
| 10 | Magnolia Oil & Gas | 6.54 Bn | 5.83 Bn | 494.29 Mn | 96.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 96.19% |
| Jun 30, 2026 | 96.41% |
| Mar 31, 2026 | 94.92% |
| Dec 31, 2025 | 94.36% |
| Sep 30, 2025 | 94.54% |
| Jun 30, 2025 | 94.83% |
| Mar 31, 2025 | 95.73% |
| Dec 31, 2024 | 96.28% |
| Sep 30, 2024 | 96.80% |
| Jun 30, 2024 | 97.49% |
| Mar 31, 2024 | 97.33% |
| Dec 31, 2023 | 96.62% |
| Sep 30, 2023 | 96.74% |
| Jun 30, 2023 | 96.29% |
| Mar 31, 2023 | 95.87% |
| Dec 31, 2022 | 96.21% |
| Sep 30, 2022 | 96.00% |
| Jun 30, 2022 | 96.62% |
| Mar 31, 2022 | 95.81% |
| Dec 31, 2021 | 95.95% |
API Access
Magnolia Oil & Gas 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=MGY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MGY", "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=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();