Magnolia Oil & Gas Corp (MGY)
25.79
+0.07
(+0.27%)
USD |
NYSE |
Nov 05, 09:45
Magnolia Oil & Gas Gross Profit Margin (Quarterly): 51.23% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 51.23% |
| June 30, 2024 | 53.21% |
| March 31, 2024 | 52.49% |
| December 31, 2023 | 54.36% |
| September 30, 2023 | 59.66% |
| June 30, 2023 | 55.69% |
| March 31, 2023 | 59.21% |
| December 31, 2022 | 67.77% |
| September 30, 2022 | 74.54% |
| June 30, 2022 | 78.08% |
| March 31, 2022 | 74.15% |
| December 31, 2021 | 71.41% |
| September 30, 2021 | 70.84% |
| June 30, 2021 | 67.14% |
| Date | Value |
|---|---|
| March 31, 2021 | 64.28% |
| December 31, 2020 | 47.78% |
| September 30, 2020 | 39.76% |
| June 30, 2020 | 3.92% |
| March 31, 2020 | 1.59% |
| December 31, 2019 | 23.97% |
| September 30, 2019 | 26.01% |
| June 30, 2019 | 33.30% |
| March 31, 2019 | 31.22% |
| December 31, 2018 | |
| June 30, 2018 | 59.94% |
| March 31, 2018 | 62.21% |
| December 31, 2017 | 57.21% |
| September 30, 2017 | 56.93% |
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
1.59%
Minimum
Mar 2020
78.08%
Maximum
Jun 2022
53.55%
Average
57.45%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Helmerich & Payne Inc | 26.21% |
| Patterson-UTI Energy Inc | -2.16% |
| Berry Corp (bry) | 39.90% |
| Battalion Oil Corp | 48.74% |
| Seadrill Ltd | 29.87% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 19.93% |
| Return on Assets | 13.66% |
| Return on Invested Capital | 16.51% |
| Profit Margin (Quarterly) | 29.95% |
| Operating Margin (Quarterly) | 38.73% |
| Return on Net Operating Assets | 16.84% |