Is the business good?
How good a business is MGY?
Magnolia Oil & Gas Corporation earns 20% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
20%
Return on invested capital · cost of capital 9.0% · 11 points above what the capital costs: growth creates value
- Operating margin
- 38%
Operating margin · Oil & Gas E&P median 30% · 12 months to Q2 2026
- Share count, year on year
- −1.0%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | −356% |
| FY2021 | 56% |
| FY2022 | 63% |
| FY2023 | 44% |
| FY2024 | 39% |
| FY2025 | 33% |
Details›
- Operating margin12 months to Q2 2026
- 38%
- Net margin12 months to Q2 2026
- 29%
- Revenue, trailing twelve months
- $1.48B
- Net income, trailing twelve months
- $426M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 20%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.