Magnolia Oil & Gas (MGY) Return on Equity [ROE] (2017 - 2026)
Magnolia Oil & Gas' Return on Equity [ROE] came in at 13.58% for Q3 2026, down 4.13 percentage points from 17.71% a year earlier and down 7.09 percentage points from the prior quarter.
Magnolia Oil & Gas (MGY) Return on Equity [ROE] (2017 - 2026) Analysis & Trends
For FY2025, Magnolia Oil & Gas' Return on Equity [ROE] was 17.01%, down 3.63 percentage points from FY2024.
- Return on Equity [ROE] has declined in each of the last three years, though with a five-year change of +121.77 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was 20.64% in FY2024 (-3.79 pp), 24.43% in FY2023 (-50.98 pp), 75.41% in FY2022 (+16.01 pp) and 59.40% in FY2021 (+164.16 pp).
- The Q3 2026 figure represents the lowest quarterly Return on Equity [ROE] since Q4 2020.
- Year-over-year, Return on Equity [ROE] increased in 1 of the last eight quarters, with an average year-over-year change of -2.96 percentage points.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q4 2021 (a gain of 283.71 percentage points), and the weakest in Q4 2023 (a drop of 41.70 percentage points).
- Business Quant data shows MGY's Return on Equity [ROE] at 20.67% (Q2 2026), 16.43% (Q1 2026) and 16.84% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 15.59% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 8.83% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 13.85% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 14.76% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 14.72% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 17.60% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 26.83% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 37.13% |
| 10 | Magnolia Oil & Gas | 6.54 Bn | 5.83 Bn | 494.29 Mn | 13.58% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.58% |
| Jun 30, 2026 | 20.67% |
| Mar 31, 2026 | 16.43% |
| Dec 31, 2025 | 16.84% |
| Sep 30, 2025 | 17.71% |
| Jun 30, 2025 | 19.17% |
| Mar 31, 2025 | 20.54% |
| Dec 31, 2024 | 20.23% |
| Sep 30, 2024 | 21.78% |
| Jun 30, 2024 | 22.75% |
| Mar 31, 2024 | 22.94% |
| Dec 31, 2023 | 23.73% |
| Sep 30, 2023 | 31.91% |
| Jun 30, 2023 | 42.10% |
| Mar 31, 2023 | 54.08% |
| Dec 31, 2022 | 65.44% |
| Sep 30, 2022 | 72.14% |
| Jun 30, 2022 | 73.52% |
| Mar 31, 2022 | 63.93% |
| Dec 31, 2021 | 57.38% |
Magnolia Oil & Gas Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=MGY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=MGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();