Magnolia Oil & Gas Corp (MGY)
24.69
+0.44
(+1.81%)
USD |
NYSE |
Jun 10, 16:00
24.71
+0.02
(+0.08%)
Pre-Market: 20:00
Magnolia Oil & Gas Gross Profit Margin (Quarterly): 55.16% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 55.16% |
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% |
Date | Value |
---|---|
December 31, 2020 | 57.30% |
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
55.78%
Average
61.16%
Median
Gross Profit Margin (Quarterly) Benchmarks
Patterson-UTI Energy Inc | 10.48% |
Seadrill Ltd | 24.80% |
Camber Energy Inc | 25.73% |
Berry Corp (bry) | 34.79% |
Battalion Oil Corp | 48.87% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 20.48% |
Return on Assets | 14.11% |
Return on Invested Capital | 16.88% |
Profit Margin (Quarterly) | 26.64% |
Operating Margin (Quarterly) | 39.00% |
Return on Net Operating Assets | 19.10% |