Magnolia Oil & Gas
MGY
#2850
Rank
โ‚น387.25 B
Marketcap
โ‚น1,995
Share price
-3.30%
Change (1 day)
1.54%
Change (1 year)

Operating Margin for Magnolia Oil & Gas (MGY)

Operating Margin as of March 2025 (TTM): 38.89%

According to Magnolia Oil & Gas's latest financial reports and stock price the company's current Operating Margin is 38.89%. At the end of 2024 the company had an Operating Margin of 37.48%.

Operating Margin history for Magnolia Oil & Gas from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202437.48%-16.37%
202344.81%-28.16%
202262.37%18.3%
202152.73%-114.65%
2020-359.93%-3499.11%
201910.59%
201745.04%125.64%
201619.96%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.