Recent Magnolia Oil & Gas shows a gross margin of 82.2%, an operating margin of 38%, an EBITDA margin of 68.2%, and a net margin of 28.8%. Of the available margins, net margin increased the most and gross margin fell the most, by 1.2 and 0.1 percentage points respectively.
MGY margin history
Over the last 3 years, Magnolia Oil & Gas's margins averaged 82.62% gross, 38.52% operating, 67.41% EBITDA, and 28.02% net. For Magnolia Oil & Gas, EBITDA and net margins are above their three-year averages, while gross and operating margins are below their three-year averages.
MGY margin expansion
Compared with the same period last year, operating margin expanded by 0.6 percentage points and net margin by 1.2 percentage points, while gross margin contracted by 0.1 percentage points.
MGY Gross margin
The average gross margin for Magnolia Oil & Gas was 82.62% during the last 3 years. Magnolia Oil & Gas's current gross margin is 82.2% and is 0.4 percentage points below its three-year average. The gross margin for Magnolia Oil & Gas moved between 80.5% in Mar 2026 and 84.2% in Jun 2024.
MGY Operating margin
Across the last 3 years, Magnolia Oil & Gas's operating margin averaged 38.52%. The current operating margin stands at 38%, 0.5 percentage points below its three-year average. Operating margin was highest at 43.6% in Dec 2023 and lowest at 32.7% in Mar 2026.
MGY EBITDA margin
Over the last 3 years, the average EBITDA margin for Magnolia Oil & Gas was 67.41%. Currently, the current EBITDA margin for Magnolia Oil & Gas is 68.2%, 0.8 percentage points above its three-year average. Magnolia Oil & Gas's EBITDA margin ranged from a low of 65.6% in Mar 2026 to a high of 68.7% in Mar 2025.
MGY Net margin
Over the last 3 years, Magnolia Oil & Gas had an average net margin of 28.02%. Against its three-year average, Magnolia Oil & Gas's net margin is currently 28.8%, 0.8 percentage points above its three-year average. Looking back over the last 3 years, Magnolia Oil & Gas's net margin reached 31.6% at its highest point in Dec 2023 and 24.4% at its lowest in Mar 2026.
MGY margin group comparison
With a gross margin of 82.2%, MGY is above the Energy sector and the industry average. Compared to its Energy sector average of 42.5%, Magnolia Oil & Gas's gross margin is 93% higher.
MGY margin peer comparison
Frequently asked questions
What is Magnolia Oil & Gas's gross margin?
The current gross margin for MGY is 82.2% as of Jun 30, 2026.
What is Magnolia Oil & Gas's operating margin?
For the period ending Jun 30, 2026, MGY recorded an operating margin of 38%.
What is Magnolia Oil & Gas's EBITDA margin?
For the period ending Jun 30, 2026, MGY recorded an EBITDA margin of 68.2%.
What is Magnolia Oil & Gas's net margin?
As of Jun 30, 2026, MGY has a net margin of 28.8%.
What are the average margins of MGY?
Over the past 3 years, MGY reported average margins of 82.6% gross, 38.5% operating, 67.4% EBITDA, and 28.0% net.
What are the highest historical margins of MGY?
Over this 5-year history, MGY peaked at 88.7% gross in Sep 2022, 64.3% operating in Sep 2022, 68.9% EBITDA in Dec 2022, and 52.7% net in Dec 2022.
What are the lowest historical margins of MGY?
Over the last 5 years, Magnolia Oil & Gas's lowest margins were 80.5% gross in Mar 2026, 32.7% operating in Mar 2026, 60.7% EBITDA in Dec 2021, and 24.4% net in Mar 2026.