Magnolia Oil & Gas Corp Financials
Magnolia Oil & Gas Corp (MGY) reported $1.3B in revenue for fiscal year 2025, down 0.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Heavy non-cash depreciation makes Magnolia look less profitable than its cash engine, while a lightly leveraged balance sheet supports payouts.
With operating cash flow of$878.6M versus net income of$325.3M in FY2025, reported profit understates what the asset base is producing in cash because depreciation and amortization are so large. That cash almost matched combined investing and financing outflows of$871.9M , while debt-to-equity stayed near 0.2x from FY2023 through FY2025.
Between FY2024 and FY2025, revenue was essentially flat, but operating margin fell from
The balance sheet remains lightly leveraged: long-term debt was
Financial Health Signals
Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Magnolia Oil & Gas Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Magnolia Oil & Gas Corp, and counted as zero in the overall score.
Magnolia Oil & Gas Corp scores 5.86, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($6.6B) relative to total liabilities ($903.9M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Magnolia Oil & Gas Corp passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Magnolia Oil & Gas Corp generates $2.70 in operating cash flow ($878.6M OCF vs $325.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Magnolia Oil & Gas Corp generated $1.3B in revenue in fiscal year 2025. This represents a decrease of 0.3% from the prior year.
Magnolia Oil & Gas Corp's EBITDA was $876.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 5.3% from the prior year.
Magnolia Oil & Gas Corp reported $325.3M in net income in fiscal year 2025. This represents a decrease of 11.1% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Magnolia Oil & Gas Corp held $266.8M in cash against $393.3M in long-term debt as of fiscal year 2025.
Magnolia Oil & Gas Corp paid $0.60 per share in dividends in fiscal year 2025. This represents an increase of 15.4% from the prior year.
Not reported for fiscal year 2025.
Margins & Returns
Magnolia Oil & Gas Corp's operating margin was 33.5% in fiscal year 2025, reflecting core business profitability. This is down 5.4 percentage points from the prior year.
Magnolia Oil & Gas Corp's net profit margin was 24.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 3.0 percentage points from the prior year.
Magnolia Oil & Gas Corp's ROE was 16.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.3 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
MGY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5B | $1.3B-0.3% | $1.3B+7.2% | $1.2B-27.6% | $1.7B+57.1% | $1.1B+99.2% | $541.3M-42.5% | $942.2M | $403.2M |
| SG&A Expenses | $109.8M | $97.0M+9.4% | $88.7M+15.1% | $77.1M+6.5% | $72.4M-3.8% | $75.3M+9.2% | $68.9M-0.7% | $69.4M | $18.6M |
| Operating Income | $562.8M | $439.2M-14.2% | $512.0M-4.2% | $534.5M-50.2% | $1.1B+78.2% | $602.6M+131.3% | -$1.9B-1610.3% | $127.5M | $190.0M |
| Interest Expense | N/A | N/A | N/A | -$33K+99.9% | -$23.4M+24.4% | -$31.0M-8.0% | -$28.7M-1.2% | -$28.4M | $0 |
| Income Tax | $105.6M | $80.1M-16.4% | $95.8M-10.6% | $107.2M+1515.1% | $6.6M-25.0% | $8.9M+111.2% | -$79.3M-637.5% | $14.8M | $2.7M |
| Net Income | $425.8M | $325.3M-11.1% | $366.0M-5.7% | $388.3M-56.6% | $893.8M+114.2% | $417.3M+134.5% | -$1.2B-2507.3% | $50.2M | $1.5M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, EPS (Diluted).
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
No annual filing on record for: FY2018.
MGY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.9B+2.9% | $2.8B+2.3% | $2.8B+7.1% | $2.6B+47.3% | $1.7B+20.2% | $1.5B-58.1% | $3.5B | $653.9M |
| Current Assets | $442.4M+7.7% | $410.8M-30.5% | $591.3M-30.5% | $850.7M+64.3% | $517.9M+84.0% | $281.5M-4.0% | $293.2M | $994K |
| Cash & Equivalents | $266.8M+2.6% | $260.0M-35.2% | $401.1M-40.6% | $675.4M+84.1% | $367.0M+90.6% | $192.6M+5.4% | $182.6M | $851K |
| Accounts Receivable | $116.5M-5.8% | $123.8M-34.8% | $189.7M+11.1% | $170.8M+14.0% | $149.8M+83.6% | $81.6M-22.9% | $105.8M | N/A |
| Total Liabilities | $903.9M+5.9% | $853.5M-2.3% | $873.5M+4.9% | $832.4M+18.7% | $701.5M+14.3% | $614.0M-16.8% | $737.9M | $648.9M |
| Current Liabilities | $288.0M-0.8% | $290.3M-7.8% | $314.9M-7.5% | $340.3M+55.7% | $218.5M+69.5% | $128.9M-26.4% | $175.2M | $1.8M |
| Long-Term Debt | $393.3M+0.2% | $392.5M-0.1% | $392.8M+0.6% | $390.4M+0.6% | $388.1M-0.8% | $391.1M+0.3% | $389.8M | N/A |
| Total Equity | $2.0B+1.6% | $2.0B+4.5% | $1.9B+8.2% | $1.7B+66.5% | $1.0B+24.5% | $839.4M-69.2% | $2.7B | $5.0M |
| Retained Earnings | $966.7M+28.1% | $754.6M+55.2% | $486.2M+161.8% | $185.7M+126.2% | -$708.2M+37.1% | -$1.1B-1456.9% | $82.9M | $1.5M |
Not reported in any period shown, so not listed: Inventory, Goodwill.
No annual filing on record for: FY2018.
MGY Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.0B | $878.6M-4.6% | $920.9M+7.6% | $855.8M-34.0% | $1.3B+64.5% | $788.5M+154.2% | $310.1M-52.1% | $647.6M | $257.4M |
| Investing Cash Flow | -$656.2M | -$540.7M+17.5% | -$655.1M+19.6% | -$814.9M-57.0% | -$518.9M-113.1% | -$243.4M+9.8% | -$270.0M+48.5% | -$524.2M | -$314.4M |
| Financing Cash Flow | -$336.8M | -$331.2M+18.6% | -$406.8M-29.1% | -$315.2M+32.8% | -$469.3M-26.6% | -$370.6M-1127.0% | -$30.2M+60.5% | -$76.5M | $57.0M |
| Dividends Paid | $117.1M | $113.1M+15.9% | $97.6M+10.8% | $88.1M+17.1% | $75.2M+432.1% | $14.1M | $0 | $0 | N/A |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Share Buybacks.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
No annual filing on record for: FY2018.
MGY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 33.5%-5.4pp | 38.9%-4.6pp | 43.6%-19.8pp | 63.4%+7.5pp | 55.9% | -355.8% | 13.5% | 47.1% |
| Net Margin | 24.8%-3.0pp | 27.8%-3.8pp | 31.6%-21.1pp | 52.8%+14.0pp | 38.7% | -223.2% | 5.3% | 0.4% |
| Return on Equity | 16.3%-2.3pp | 18.6%-2.0pp | 20.6%-30.7pp | 51.4%+11.4pp | 39.9%+183.9pp | -144.0%-145.8pp | 1.8% | 30.6% |
| Return on Assets | 11.2%-1.8pp | 13.0%-1.1pp | 14.1%-20.6pp | 34.7%+10.8pp | 23.9%+107.0pp | -83.1%-84.6pp | 1.5% | 0.2% |
| Current Ratio | 1.54+0.1x | 1.42-0.5x | 1.88-0.6x | 2.50+0.1x | 2.37+0.2x | 2.18+0.5x | 1.67 | 0.55 |
| Debt-to-Equity | 0.200.0x | 0.200.0x | 0.210.0x | 0.22-0.1x | 0.37-0.1x | 0.47+0.3x | 0.14 | 129.79 |
Not reported in any period shown, so not listed: Gross Margin, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
No annual filing on record for: FY2018.
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Where Magnolia Oil & Gas Corp Ranks
Frequently Asked Questions
What is Magnolia Oil & Gas Corp's annual revenue?
Magnolia Oil & Gas Corp (MGY) reported $1.3B in total revenue for fiscal year 2025. This represents a -0.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Magnolia Oil & Gas Corp's revenue growing?
Magnolia Oil & Gas Corp (MGY) revenue declined by 0.3% year-over-year, from $1.3B to $1.3B in fiscal year 2025.
Is Magnolia Oil & Gas Corp profitable?
Yes, Magnolia Oil & Gas Corp (MGY) reported a net income of $325.3M in fiscal year 2025, with a net profit margin of 24.8%.
What is Magnolia Oil & Gas Corp's EBITDA?
Magnolia Oil & Gas Corp (MGY) had EBITDA of $876.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Magnolia Oil & Gas Corp have?
As of fiscal year 2025, Magnolia Oil & Gas Corp (MGY) had $266.8M in cash and equivalents against $393.3M in long-term debt.
What is Magnolia Oil & Gas Corp's operating margin?
Magnolia Oil & Gas Corp (MGY) had an operating margin of 33.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Magnolia Oil & Gas Corp's net profit margin?
Magnolia Oil & Gas Corp (MGY) had a net profit margin of 24.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Magnolia Oil & Gas Corp pay dividends?
Yes, Magnolia Oil & Gas Corp (MGY) paid $0.60 per share in dividends during fiscal year 2025.
What is Magnolia Oil & Gas Corp's return on equity (ROE)?
Magnolia Oil & Gas Corp (MGY) has a return on equity of 16.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Magnolia Oil & Gas Corp's operating cash flow?
Magnolia Oil & Gas Corp (MGY) generated $878.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Magnolia Oil & Gas Corp's total assets?
Magnolia Oil & Gas Corp (MGY) had $2.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Magnolia Oil & Gas Corp's current ratio?
Magnolia Oil & Gas Corp (MGY) had a current ratio of 1.54 as of fiscal year 2025, which is generally considered healthy.
What is Magnolia Oil & Gas Corp's debt-to-equity ratio?
Magnolia Oil & Gas Corp (MGY) had a debt-to-equity ratio of 0.20 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Magnolia Oil & Gas Corp's return on assets (ROA)?
Magnolia Oil & Gas Corp (MGY) had a return on assets of 11.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Magnolia Oil & Gas Corp's Altman Z-Score?
Magnolia Oil & Gas Corp (MGY) has an Altman Z-Score of 5.86, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Magnolia Oil & Gas Corp's Piotroski F-Score?
Magnolia Oil & Gas Corp (MGY) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Magnolia Oil & Gas Corp's earnings high quality?
Magnolia Oil & Gas Corp (MGY) has an earnings quality ratio of 2.70x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Magnolia Oil & Gas Corp?
Magnolia Oil & Gas Corp (MGY) scores 61 out of 100 on our Financial Health Score, indicating moderate standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.