Magnolia Oil & Gas (MGY) Net Margin (2017 - 2026)
Magnolia Oil & Gas (MGY) reported Net Margin of 15.67% for Q3 2026, down 7.56 percentage points from 23.22% a year earlier and down 22.30 percentage points from the prior quarter.
Powered by 
Analysis
Magnolia Oil & Gas (MGY) Net Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Magnolia Oil & Gas' Net Margin came in at 25.72%, down 0.18 percentage points year-over-year; for FY2025, it was 24.67%, down 3.15 percentage points from FY2024.
- Net Margin has declined for three consecutive years, though with a five-year change of +247.91 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 Q3 2026 figure ranks as the lowest quarterly Net Margin since Q3 2020.
- Year over year, Net Margin gained in two of the last eight quarters, with an average year-over-year change of -1.61 percentage points.
- The high point for year-over-year Net Margin in five years was Q4 2021 (a gain of 27.45 percentage points); the low point was Q4 2023 (a drop of 35.88 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 37.97% (Q2 2026), 27.85% (Q1 2026) and 21.14% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 13.62% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 588.80% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 14.64% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 12.37% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 13.41% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 19.95% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 8.61% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 19.16% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 10.90% |
| 10 | Magnolia Oil & Gas | 6.54 Bn | 5.83 Bn | 494.29 Mn | 15.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.67% |
| Jun 30, 2026 | 37.97% |
| Mar 31, 2026 | 27.85% |
| Dec 31, 2025 | 21.14% |
| 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% |
API Access
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_KEYimport 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();