Magnolia Oil & Gas Corp (MGY)
25.07
-1.37
(-5.18%)
USD |
NYSE |
Apr 30, 16:00
25.07
0.00 (0.00%)
Pre-Market: 20:00
Magnolia Oil & Gas Gross Profit Margin (Quarterly): 57.74% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 57.74% |
| September 30, 2023 | 62.92% |
| June 30, 2023 | 59.40% |
| March 31, 2023 | 63.33% |
| December 31, 2022 | 71.56% |
| September 30, 2022 | 78.53% |
| June 30, 2022 | 81.46% |
| March 31, 2022 | 78.34% |
| December 31, 2021 | 75.47% |
| September 30, 2021 | 74.89% |
| June 30, 2021 | 71.22% |
| March 31, 2021 | 69.18% |
| December 31, 2020 | 57.30% |
| Date | Value |
|---|---|
| September 30, 2020 | 44.53% |
| June 30, 2020 | 12.11% |
| March 31, 2020 | 6.01% |
| December 31, 2019 | 30.30% |
| September 30, 2019 | 29.79% |
| June 30, 2019 | 36.36% |
| March 31, 2019 | 35.48% |
| December 31, 2018 | |
| June 30, 2018 | 63.05% |
| March 31, 2018 | 64.80% |
| December 31, 2017 | 60.43% |
| September 30, 2017 | 61.55% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
6.01%
Minimum
Mar 2020
81.46%
Maximum
Jun 2022
55.81%
Average
62.92%
Median
Sep 2023
Gross Profit Margin (Quarterly) Benchmarks
| Hess Corp | 69.02% |
| Patterson-UTI Energy Inc | 11.77% |
| Seadrill Ltd | 19.85% |
| Camber Energy Inc | 27.91% |
| Battalion Oil Corp | 20.80% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 21.46% |
| Return on Assets | 14.79% |
| Return on Invested Capital | 17.64% |
| Profit Margin (Quarterly) | 30.51% |
| Operating Margin (Quarterly) | 42.80% |
| Return on Net Operating Assets | 20.90% |