Magnolia Oil & Gas (MGY) Net Margin (2017 - 2026)
Magnolia Oil & Gas (MGY) reported Net Margin of 37.96% for Q2 2026, up 13.47 percentage points from 24.49% a year earlier and up 10.12 percentage points from the prior quarter.
Magnolia Oil & Gas (MGY) Net Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Magnolia Oil & Gas' Net Margin came in at 28.77%, up 1.20 percentage points year-over-year; for FY2025, it was 24.79%, down 3.02 percentage points from FY2024.
- Net Margin has declined for three consecutive years, though with a five-year change of +248.03 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 27.82% in FY2024 (-3.83 pp), 31.65% in FY2023 (-21.10 pp), 52.75% in FY2022 (+14.05 pp) and 38.70% in FY2021 (+261.93 pp).
- The Q2 2026 figure ranks as the highest quarterly Net Margin since Q4 2022.
- Year over year, Net Margin gained in two of the last eight quarters, with an average year-over-year change of -0.90 percentage points.
- The high point for year-over-year Net Margin in five years was Q3 2021 (a gain of 34.32 percentage points); the low point was Q4 2023 (a drop of 35.88 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 27.84% (Q1 2026), 21.65% (Q4 2025) and 23.22% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 11.43% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 17.23% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 8.80% |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 13.62% |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 20.14% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 9.17% |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 7.39% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 30.55% |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 21.33% |
| 10 | Magnolia Oil & Gas | 4.37 Bn | 3.41 Bn | 461.61 Mn | 37.96% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.96% |
| Mar 31, 2026 | 27.84% |
| Dec 31, 2025 | 21.65% |
| Sep 30, 2025 | 23.22% |
| Jun 30, 2025 | 24.49% |
| Mar 31, 2025 | 29.38% |
| Dec 31, 2024 | 26.21% |
| Sep 30, 2024 | 29.95% |
| Jun 30, 2024 | 28.38% |
| Mar 31, 2024 | 26.64% |
| Dec 31, 2023 | 30.51% |
| Sep 30, 2023 | 32.32% |
| Jun 30, 2023 | 32.64% |
| Mar 31, 2023 | 31.24% |
| Dec 31, 2022 | 66.39% |
| Sep 30, 2022 | 50.83% |
| Jun 30, 2022 | 51.70% |
| Mar 31, 2022 | 43.94% |
| Dec 31, 2021 | 45.23% |
| Sep 30, 2021 | 41.88% |
Magnolia Oil & Gas Net 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=net-margin&ticker=MGY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();