Northern Oil & Gas reported a gross margin of 82.95% and a net margin of 31.75% for the quarter ended Jun 2026. These financial ratios cover 64 quarters of results from Sep 2010 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Sep2010 | Dec2010 | Mar2011 | Jun2011 | Sep2011 | Dec2011 | Mar2012 | Jun2012 | Sep2012 | Dec2012 | Mar2013 | Jun2013 | Sep2013 | Dec2013 | Mar2014 | Jun2014 | Sep2014 | Dec2014 | Mar2015 | Jun2015 | Sep2015 | Dec2015 | Mar2016 | Jun2016 | Sep2016 | Dec2016 | Mar2017 | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Gross Margin | 83.35% | -65.62% | 85.36% | 91.35% | 80.29% | 86.59% | 82.30% | 73.72% | 87.14% | 73.40% | 82.01% | 85.82% | 77.36% | 81.06% | 82.82% | 78.74% | 80.35% | -2,479.98% | 82.95% | |||||||||||||||||||||||||||||||||||||||||||||
| EBT Margin | 4.83% | -624.87% | 57.15% | 73.87% | 39.16% | 58.55% | 43.40% | 1.73% | 56.41% | 3.65% | 32.33% | 52.71% | 17.06% | 30.86% | 18.64% | -30.33% | -14.10% | -13,838.08% | 41.68% | |||||||||||||||||||||||||||||||||||||||||||||
| EBIT Margin | 10.38% | -574.20% | 61.19% | 76.38% | 45.23% | 61.93% | 49.27% | 13.52% | 61.00% | 13.20% | 39.04% | 57.58% | 25.76% | 38.08% | 24.92% | -22.59% | -5.55% | -13,022.13% | 47.31% | |||||||||||||||||||||||||||||||||||||||||||||
| EBITDA Margin | 24.20% | -412.69% | 73.60% | 84.71% | 66.11% | 78.19% | 71.60% | 56.13% | 80.05% | 57.09% | 70.54% | 82.21% | 65.50% | 72.24% | 54.03% | 13.22% | 27.90% | -9,102.90% | 73.19% | |||||||||||||||||||||||||||||||||||||||||||||
| Operating Margin | 10.38% | -574.20% | 61.19% | 76.38% | 45.23% | 61.93% | 49.27% | 13.52% | 61.00% | 13.20% | 39.04% | 57.58% | 25.76% | 38.08% | 24.92% | -22.59% | -5.55% | -13,022.13% | 47.31% | |||||||||||||||||||||||||||||||||||||||||||||
| Net Margin | 3.45% | -681.85% | 53.93% | 73.37% | 35.99% | 58.43% | 35.21% | 8.32% | 49.00% | 2.93% | 24.71% | 39.60% | 13.92% | 23.08% | 14.09% | -23.19% | -11.59% | -10,396.64% | 31.75% | |||||||||||||||||||||||||||||||||||||||||||||
| FCF Margin | -25.41% | -800.02% | 23.45% | -3.09% | -65.43% | -32.92% | -13.56% | -123.07% | -4.43% | -3.75% | 20.92% | 0.52% | -72.30% | 23.83% | 4.92% | 12.72% | 0.75% | -6,184.29% | -7.81% | |||||||||||||||||||||||||||||||||||||||||||||
| Efficiency | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Assets AverageAssets Avg. | 1,167.94M | 1,383.46M | 1,773.67M | 2,108.35M | 2,331.86M | 2,673.33M | 3,109.02M | 3,503.81M | 3,984.71M | 4,394.46M | 4,559.03M | 4,679.23M | 4,890.00M | 5,329.57M | 5,639.22M | 5,688.55M | 5,598.34M | 5,451.78M | 5,462.11M | 5,671.36M | ||||||||||||||||||||||||||||||||||||||||||||
| Equity AverageEquity Avg. | -162.96M | 28.71M | 89.92M | 58.67M | 430.87M | 727.18M | 896.66M | 1,231.93M | 1,411.80M | 1,727.73M | 2,024.83M | 2,035.14M | 2,190.90M | 2,316.97M | 2,361.26M | 2,407.55M | 2,328.71M | 2,185.37M | 1,955.37M | 1,889.86M | ||||||||||||||||||||||||||||||||||||||||||||
| Invested CapitalInvested Cap. | 700.71M | 1,018.57M | 1,084.20M | 1,254.86M | 1,878.32M | 2,270.67M | 2,805.02M | 3,088.35M | 3,465.15M | 3,883.23M | 3,940.71M | 3,943.22M | 4,266.60M | 4,689.73M | 4,712.58M | 4,778.96M | 4,590.28M | 4,521.73M | 4,335.92M | 4,720.15M | ||||||||||||||||||||||||||||||||||||||||||||
| Asset Utilization RatioAsset Util. | 0.59 | 0.36 | 0.21 | 0.28 | 0.48 | 0.61 | 0.70 | 0.63 | 0.44 | 0.49 | 0.43 | 0.44 | 0.51 | 0.42 | 0.43 | 0.45 | 0.43 | 0.45 | 0.34 | 0.34 | ||||||||||||||||||||||||||||||||||||||||||||
| Leverage & Solvency | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | 1.85 | 11.97 | -10.52 | 14.67 | 30.03 | 7.04 | 11.96 | 7.34 | 1.15 | 13.26 | 1.38 | 5.81 | 11.78 | 2.93 | 5.29 | 3.97 | -2.93 | -0.82 | -15.38 | 8.51 | ||||||||||||||||||||||||||||||||||||||||||||
| Debt Ratio | 0.69 | 0.53 | 0.55 | 0.50 | 0.47 | 0.53 | 0.53 | 0.46 | 0.48 | 0.41 | 0.42 | 0.40 | 0.39 | 0.42 | 0.41 | 0.41 | 0.43 | 0.44 | 0.46 | 0.47 | ||||||||||||||||||||||||||||||||||||||||||||
| Times Interest Earned | 1.85 | 11.97 | -10.52 | 14.67 | 30.03 | 7.04 | 11.96 | 7.34 | 1.15 | 13.26 | 1.38 | 5.81 | 11.78 | 2.93 | 5.29 | 3.97 | -2.93 | -0.82 | -15.38 | 8.51 | ||||||||||||||||||||||||||||||||||||||||||||
| Dividends & Payouts | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Dividend Coverage RatioDiv. Cover | 4.53 | 57.75 | -36.36 | 22.09 | 38.70 | 6.79 | 13.36 | 5.80 | 0.76 | 11.03 | 0.29 | 3.44 | 7.49 | 1.72 | 3.33 | 2.25 | -2.95 | -1.62 | -11.76 | 5.00 | ||||||||||||||||||||||||||||||||||||||||||||
| FCF Payout RatioFCF Cover | 0.10 | 0.34 | 10.13 | 0.29 | 1.27 | 0.62 | 9.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Dividend YieldDiv. Yield | 0.14% | 0.38% | 0.51% | 1.09% | 1.62% | 1.97% | 2.74% | 2.79% | 2.89% | 3.32% | 3.46% | 4.03% | 4.40% | 4.40% | 5.48% | 6.06% | 7.08% | 8.30% | 5.70% | 9.27% | ||||||||||||||||||||||||||||||||||||||||||||
| Payout Ratio | 0.11 | 0.05 | 0.07 | 0.05 | 0.07 | 0.16 | 0.13 | 0.23 | 0.27 | 0.19 | 0.31 | 0.25 | 0.28 | 0.95 | 4.47 | |||||||||||||||||||||||||||||||||||||||||||||||||
| Valuation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Price to EarningsP/E | 10.34 | 2.82 | 3.61 | 2.00 | 2.61 | 5.61 | 4.05 | 6.75 | 6.59 | 4.22 | 7.08 | 4.61 | 4.55 | 13.36 | 53.88 | |||||||||||||||||||||||||||||||||||||||||||||||||
| Price to SalesP/S | 2.04 | 2.61 | 5.85 | 3.40 | 1.93 | 1.60 | 1.19 | 1.44 | 2.15 | 1.72 | 2.02 | 1.80 | 1.41 | 1.65 | 1.23 | 1.07 | 1.02 | 0.84 | 1.65 | 1.01 | ||||||||||||||||||||||||||||||||||||||||||||
| Price to BookP/B | 6.03 | 13.11 | 3.05 | 3.52 | 2.47 | 2.25 | 2.66 | 1.82 | 2.00 | 1.80 | 1.53 | 1.59 | 1.24 | 1.15 | 1.08 | 0.98 | 1.73 | 0.97 | ||||||||||||||||||||||||||||||||||||||||||||||
| Enterprise Value | 1,414.21M | 1,286.81M | 2,174.80M | 1,999.72M | 2,152.95M | 2,622.28M | 2,584.91M | 3,177.74M | 3,729.75M | 3,727.02M | 3,976.96M | 3,715.63M | 3,500.45M | 3,674.13M | 2,950.19M | 2,740.95M | 2,388.91M | 2,073.99M | 3,055.23M | 1,886.26M | ||||||||||||||||||||||||||||||||||||||||||||
| EV to EBIT | 16.51 | 6.70 | 2.46 | 3.07 | 1.84 | 2.32 | 4.63 | 3.32 | 4.89 | 4.66 | 2.94 | 4.39 | 2.91 | 2.82 | 5.79 | 8.44 | ||||||||||||||||||||||||||||||||||||||||||||||||
| EV to EBITDA | 5.88 | 18.74 | 4.12 | 1.97 | 2.37 | 1.52 | 1.86 | 3.06 | 2.32 | 2.88 | 2.59 | 1.87 | 2.33 | 1.65 | 1.55 | 1.95 | 1.96 | 18.19 | 5.69 | |||||||||||||||||||||||||||||||||||||||||||||
| Market Capitalization | 1,416.21M | 1,296.32M | 2,178.13M | 2,001.19M | 2,162.08M | 2,624.81M | 2,590.99M | 3,192.54M | 3,742.70M | 3,735.22M | 4,009.43M | 3,723.41M | 3,534.81M | 3,683.06M | 2,983.76M | 2,766.81M | 2,420.55M | 2,088.29M | 3,092.27M | 1,933.87M | ||||||||||||||||||||||||||||||||||||||||||||
| Price to FCFP/FCF | 49.61 | 8.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EV to FCF | 49.13 | 8.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EV to CFO | 4.20 | 3.25 | 4.46 | 3.38 | 2.78 | 2.82 | 2.48 | 2.78 | 3.31 | 3.15 | 3.04 | 2.78 | 2.40 | 2.61 | 2.07 | 1.90 | 1.61 | 1.38 | 2.15 | 1.37 | ||||||||||||||||||||||||||||||||||||||||||||
| Return Ratios | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 10.38% | 15.69% | -574.20% | 61.19% | 76.38% | 45.23% | 61.93% | 49.27% | 13.52% | 61.00% | 13.20% | 39.04% | 57.58% | 25.76% | 38.08% | 24.92% | -22.59% | -5.55% | -13,022.13% | 47.31% | ||||||||||||||||||||||||||||||||||||||||||||
| Return on Capital Employed [ROCE]ROCE | -29.66% | 7.38% | -4.07% | 20.26% | 44.92% | 36.64% | 50.76% | 43.76% | 23.81% | 27.99% | 19.69% | 18.93% | 26.61% | 17.51% | 20.00% | 18.69% | 8.08% | 5.00% | -13.99% | -9.16% | ||||||||||||||||||||||||||||||||||||||||||||
| Return on Invested Capital [ROIC]ROIC | 8.75% | -4.45% | 25.28% | 55.68% | 40.96% | 55.15% | 44.92% | 23.91% | 28.16% | 18.33% | 17.63% | 23.32% | 14.30% | 16.41% | 15.53% | 6.74% | 3.34% | -10.96% | -7.74% | |||||||||||||||||||||||||||||||||||||||||||||
| Return on Assets [ROA]ROA | -26.58% | 0.46% | -6.19% | 11.00% | 34.43% | 28.92% | 42.46% | 35.29% | 17.04% | 21.00% | 13.04% | 12.08% | 17.13% | 9.76% | 11.49% | 10.70% | 3.24% | 0.71% | -11.41% | -8.57% | ||||||||||||||||||||||||||||||||||||||||||||
| Return on Equity [ROE]ROE | 22.16% | -122.16% | 395.38% | 186.34% | 106.33% | 147.21% | 100.37% | 48.11% | 53.42% | 29.36% | 27.77% | 38.22% | 22.46% | 27.43% | 25.28% | 7.78% | 1.77% | -31.86% | -25.72% |
Pull Northern Oil & Gas's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/statements?ticker=NOG&statement=Ratios&frequency=Quarter&period=all&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/statements"
params = {"ticker": "NOG", "statement": "Ratios", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/statements?ticker=NOG&statement=Ratios&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();