Magnolia Oil & Gas Corp (MGY) Operating Margin (2017 - 2026)
Magnolia Oil & Gas' Operating Margin was 50.02% in Q2 2026, up 16.22 percentage points from 33.80% a year earlier and up 14.38 percentage points from the prior quarter.
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Analysis
Magnolia Oil & Gas Corp (MGY) Operating Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Magnolia Oil & Gas' Operating Margin was 38.03% through Jun 30, 2026, up 0.66 percentage points year-over-year; for FY2025, it came in at 33.48%, down 5.43 percentage points from FY2024.
- Operating Margin has now declined for three consecutive years, though with a five-year change of +389.22 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 38.91% in FY2024 (-4.65 pp), 43.56% in FY2023 (-19.81 pp), 63.37% in FY2022 (+7.49 pp) and 55.88% in FY2021 (+411.63 pp).
- The Q2 2026 figure marks the highest quarterly Operating Margin since Q4 2022.
- Compared with a year earlier, Operating Margin was higher in 1 of the last eight quarters, with an average year-over-year change of -2.76 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q3 2021 (a gain of 42.04 percentage points); the worst was Q2 2023 (a drop of 24.44 percentage points).
- Per Business Quant data, MGY's Operating Margin in the three quarters before Q2 2026 was 35.64% (Q1 2026), 29.62% (Q4 2025) and 31.23% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.02% |
| Mar 31, 2026 | 35.64% |
| Dec 31, 2025 | 29.62% |
| Sep 30, 2025 | 31.23% |
| Jun 30, 2025 | 33.80% |
| Mar 31, 2025 | 38.77% |
| Dec 31, 2024 | 37.99% |
| Sep 30, 2024 | 38.73% |
| Jun 30, 2024 | 39.90% |
| Mar 31, 2024 | 39.00% |
| Dec 31, 2023 | 42.80% |
| Sep 30, 2023 | 46.93% |
| Jun 30, 2023 | 43.29% |
| Mar 31, 2023 | 41.16% |
| Dec 31, 2022 | 56.70% |
| Sep 30, 2022 | 64.55% |
| Jun 30, 2022 | 67.73% |
| Mar 31, 2022 | 62.43% |
| Dec 31, 2021 | 60.82% |
| Sep 30, 2021 | 60.16% |
API Access
Magnolia Oil & Gas Corp Operating 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=operating-margin&ticker=MGY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();