Magnolia Oil & Gas Corporation (MGY) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MGY SEC filings page.
Magnolia Oil & Gas Corporation (MGY) reported $1.5B in revenue over the twelve months to Jun 30, 2026, up 11.4% from the prior twelve months. 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).
Magnolia produces substantial operating cash with modest leverage, but weakening margins and a thinner liquidity cushion are changing the business’s financial shape.
Operating cash flow reached$879M against net income of$325M , showing accounting earnings converted into materially more cash than the income statement alone suggests. Depreciation was$438M , so much of the difference reflects a noncash expense rather than superior cash economics alone.
Operating margin fell from
Assets reached
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 Corporation'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.
Magnolia Oil & Gas Corporation has an operating margin of 33.5%, meaning the company retains $33 of operating profit per $100 of revenue. This strong profitability earns a score of 87/100, reflecting efficient cost management and pricing power. This is down from 38.9% the prior year.
Magnolia Oil & Gas Corporation's revenue declined 0.3% year-over-year, from $1.3B to $1.3B. This contraction results in a growth score of 54/100.
Magnolia Oil & Gas Corporation carries a low D/E ratio of 0.20, meaning only $0.20 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 79/100, indicating a strong balance sheet with room for future borrowing.
Magnolia Oil & Gas Corporation's current ratio of 1.54 indicates adequate short-term liquidity, earning a score of 57/100. The company can meet its near-term obligations, though with limited headroom.
Not available for Magnolia Oil & Gas Corporation, and counted as zero in the overall score.
Magnolia Oil & Gas Corporation earns a strong 16.3% return on equity (ROE), meaning it generates $16 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 87/100. This is down from 18.6% the prior year.
Magnolia Oil & Gas Corporation scores 5.85, 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 Corporation 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 Corporation 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.
Magnolia Oil & Gas Corporation earns $20.32 in operating income for every $1 of interest expense ($439.2M vs $21.6M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Magnolia Oil & Gas Corporation generated $478.8M in revenue in Q2 2026. This represents an increase of 50.1% from the same quarter a year earlier. Against the prior quarter it is up 33.6%.
Magnolia Oil & Gas Corporation's EBITDA was $356.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 65.7% from the same quarter a year earlier. Against the prior quarter it is up 47.6%.
Magnolia Oil & Gas Corporation reported $181.8M in net income in Q2 2026. This represents an increase of 132.7% from the same quarter a year earlier. Against the prior quarter it is up 82.1%.
Not reported for Q2 2026.
Cash & Balance Sheet
Magnolia Oil & Gas Corporation held $295.9M in cash against $393.6M in long-term debt as of Q2 2026.
Magnolia Oil & Gas Corporation paid $0.17 per share in dividends in Q2 2026. This represents an increase of 10.0% from the same quarter a year earlier. It is unchanged from the prior quarter.
Not reported for Q2 2026.
Margins & Returns
Magnolia Oil & Gas Corporation's operating margin was 50.0% in Q2 2026, reflecting core business profitability. This is up 16.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 14.4 percentage points.
Magnolia Oil & Gas Corporation's net profit margin was 38.0% in Q2 2026, showing the share of revenue converted to profit. This is up 13.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.1 percentage points.
Magnolia Oil & Gas Corporation's ROE was 8.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 4.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.6 percentage points.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
MGY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $478.8M+50.1% | $358.5M+2.3% | $317.6M-2.7% | $324.9M-2.5% | $319.0M-5.3% | $350.3M+9.7% | $326.6M+1.2% | $333.1M+5.5% |
| SG&A Expenses | $29.2M+25.2% | $31.4M+27.9% | $25.0M+17.9% | $24.2M+14.4% | $23.3M+1.9% | $24.6M+4.4% | $21.2M+10.1% | $21.2M+9.2% |
| Operating Income | $239.5M+122.1% | $127.8M-5.9% | $94.1M-24.2% | $101.5M-21.4% | $107.8M-19.8% | $135.8M+9.0% | $124.1M-10.2% | $129.0M-12.9% |
| EBITDA | $356.0M+65.7% | $241.1M-0.2% | $208.3M-9.2% | $212.1M-10.3% | $214.9M-10.1% | $241.7M+9.0% | $229.4M-2.0% | $236.3M+3.1% |
| Interest Expense | $6.7M+19.9% | $6.0M+14.3% | $5.4M+15.2% | $5.4M+39.1% | $5.6M+59.4% | $5.3M+127.2% | $4.7M+1257.3% | $3.9M+272.9% |
| Income Tax | $50.6M+141.8% | $20.9M-16.9% | $16.8M-24.0% | $17.2M-35.1% | $20.9M-21.8% | $25.1M+23.6% | $22.2M-29.7% | $26.5M-15.0% |
| Net Income | $181.8M+132.7% | $99.8M-3.0% | $68.8M-19.7% | $75.5M-24.4% | $78.1M-18.3% | $102.9M+21.0% | $85.6M-13.0% | $99.8M-2.2% |
| Diluted Shares (Avg) | 185M-1.0% | 183M-2.9% | N/A | 185M-1.7% | 187M+0.8% | 189M+3.4% | N/A | 188M+0.3% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, EPS (Basic), EPS (Diluted).
MGY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.1B+9.8% | $2.9B+2.6% | $2.9B+2.9% | $2.9B+4.0% | $2.9B+0.6% | $2.9B+2.2% | $2.8B+2.3% | $2.8B+6.0% |
| Current Assets | $488.6M+17.2% | $319.7M-21.5% | $442.4M+7.7% | $469.5M+13.1% | $416.7M-8.2% | $407.0M-31.9% | $410.8M-30.5% | $415.2M-48.5% |
| Cash & Equivalents | $295.9M+17.5% | $124.4M-49.8% | $266.8M+2.6% | $280.5M+1.6% | $251.8M-8.7% | $247.6M-38.0% | $260.0M-35.2% | $276.1M-55.4% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $159.5M-0.5% | $160.8M+1.8% | $116.5M-5.8% | $187.5M+37.6% | $160.3M-8.6% | $157.9M-19.5% | $123.8M-34.8% | $136.2M-27.1% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $993.7M+15.2% | $908.6M+3.3% | $903.9M+5.9% | $917.2M+7.9% | $862.3M-6.7% | $879.3M-3.4% | $853.5M-2.3% | $850.4M+5.6% |
| Current Liabilities | $308.6M+6.9% | $290.5M-4.8% | $288.0M-0.8% | $318.9M+13.3% | $288.6M-18.7% | $305.1M-12.8% | $290.3M-7.8% | $281.5M-7.3% |
| Non-Current Liabilities | $685.2M+19.4% | $618.1M+7.6% | $615.9M+9.3% | $598.2M+5.2% | $573.7M+0.7% | $574.2M+2.5% | $563.2M+0.8% | $568.9M+13.4% |
| Long-Term Debt | $393.6M+0.2% | $393.4M+0.2% | $393.3M+0.2% | $393.1M-0.4% | $392.9M-0.3% | $392.7M-0.2% | $392.5M-0.1% | $394.8M+0.7% |
| Total Equity | $2.1B+7.4% | $2.0B+2.3% | $2.0B+1.6% | $2.0B+2.3% | $2.0B+4.2% | $2.0B+4.8% | $2.0B+4.5% | $2.0B+6.1% |
| Retained Earnings | $1.2B+35.1% | $1.0B+25.0% | $966.7M+28.1% | $925.7M+33.4% | $878.4M+41.9% | $828.6M+51.4% | $754.6M+55.2% | $694.1M+69.6% |
Not reported in any period shown, so not listed: Inventory, Goodwill.
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. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $384.0M+93.3% | $197.6M-12.0% | $208.4M-6.4% | $247.1M+13.4% | $198.7M-26.2% | $224.5M+6.4% | $222.6M-9.8% | $217.9M+16.3% |
| Depreciation & Amortization | $116.5M+8.8% | $113.4M+7.1% | $114.2M+8.4% | $110.6M+3.1% | $107.1M+2.2% | $105.9M+9.0% | $105.3M+9.8% | $107.3M+32.3% |
| Stock-Based Compensation | $9.7M+32.9% | $12.2M+86.6% | N/A | $7.3M+55.3% | $7.3M+52.1% | $6.5M+40.6% | N/A | $4.7M+11.9% |
| Investing Cash Flow | -$130.4M-11.9% | -$247.6M-69.5% | -$140.1M-1.4% | -$138.1M-6.6% | -$116.5M+55.2% | -$146.1M-14.7% | -$138.1M+64.1% | -$129.6M+20.2% |
| Financing Cash Flow | -$82.1M-5.3% | -$92.4M-1.7% | -$82.0M+18.5% | -$80.3M+8.7% | -$78.0M+41.3% | -$90.9M-6.4% | -$100.6M-25.8% | -$87.9M-5.8% |
| Dividends Paid | $30.8M+8.5% | $30.5M+5.4% | $27.8M+10.6% | $28.1M+13.7% | $28.4M+19.0% | $28.9M+20.4% | $25.1M+16.2% | $24.7M+13.3% |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | $52.4M+2.3% | N/A | N/A |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.
MGY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 50.0%+16.2pp | 35.6%-3.1pp | 29.6%-8.4pp | 31.2%-7.5pp | 33.8%-6.1pp | 38.8%-0.2pp | 38.0%-4.8pp | 38.7%-8.2pp |
| Net Margin | 38.0%+13.5pp | 27.8%-1.5pp | 21.6%-4.6pp | 23.2%-6.7pp | 24.5%-3.9pp | 29.4%+2.7pp | 26.2%-4.3pp | 29.9%-2.4pp |
| Return on Equity | 8.5%+4.6pp | 4.9%-0.3pp | 3.4%-0.9pp | 3.8%-1.3pp | 3.9%-1.1pp | 5.2%+0.7pp | 4.3%-0.9pp | 5.1%-0.4pp |
| Return on Assets | 5.8%+3.1pp | 3.4%-0.2pp | 2.4%-0.7pp | 2.6%-1.0pp | 2.7%-0.6pp | 3.6%+0.6pp | 3.0%-0.5pp | 3.5%-0.3pp |
| Current Ratio | 1.58+0.1x | 1.10-0.2x | 1.54+0.1x | 1.470.0x | 1.44+0.2x | 1.33-0.4x | 1.42-0.5x | 1.47-1.2x |
| Debt-to-Equity | 0.180.0x | 0.190.0x | 0.200.0x | 0.200.0x | 0.200.0x | 0.200.0x | 0.200.0x | 0.200.0x |
| Asset Turnover | 0.150.0x | 0.120.0x | 0.110.0x | 0.110.0x | 0.110.0x | 0.120.0x | 0.120.0x | 0.120.0x |
Not reported in any period shown, so not listed: Gross Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Magnolia Oil & Gas Corporation MGY | FY2025 | $1.3B | $325.3M | 24.8% | $6.6B | 61/100 |
| Comstock Resources, Inc. CRK | FY2025 | $2.2B | $395.6M | 17.8% | $4.0B | 36/100 |
| Vista Energy S.A.B. de C.V. VIST | FY2025 | $2.5B | $719.1M | 29.1% | $7.2B | 37/100 |
| MATADOR RESOURCES COMPANY MTDR | FY2025 | $3.7B | $759.2M | 20.5% | $6.5B | 53/100 |
| Chord Energy Corporation CHRD | FY2025 | $4.9B | $44.5M | 0.9% | $7.4B | 46/100 |
| California Resources Corporation CRC | FY2025 | $3.7B | $363.0M | 9.9% | $4.6B | 61/100 |
Where Magnolia Oil & Gas Corporation Ranks
Frequently Asked Questions
What is Magnolia Oil & Gas Corporation's annual revenue?
Magnolia Oil & Gas Corporation (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 Corporation's revenue growing?
Magnolia Oil & Gas Corporation (MGY) revenue declined by 0.3% year-over-year, from $1.3B to $1.3B in fiscal year 2025.
Is Magnolia Oil & Gas Corporation profitable?
Yes, Magnolia Oil & Gas Corporation (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 Corporation's EBITDA?
Magnolia Oil & Gas Corporation (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 Corporation have?
As of fiscal year 2025, Magnolia Oil & Gas Corporation (MGY) had $266.8M in cash and equivalents against $393.3M in long-term debt.
What is Magnolia Oil & Gas Corporation's operating margin?
Magnolia Oil & Gas Corporation (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 Corporation's net profit margin?
Magnolia Oil & Gas Corporation (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 Corporation pay dividends?
Yes, Magnolia Oil & Gas Corporation (MGY) paid $0.60 per share in dividends during fiscal year 2025.
What is Magnolia Oil & Gas Corporation's return on equity (ROE)?
Magnolia Oil & Gas Corporation (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 Corporation's operating cash flow?
Magnolia Oil & Gas Corporation (MGY) generated $878.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Magnolia Oil & Gas Corporation's total assets?
Magnolia Oil & Gas Corporation (MGY) had $2.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Magnolia Oil & Gas Corporation's current ratio?
Magnolia Oil & Gas Corporation (MGY) had a current ratio of 1.54 as of fiscal year 2025, which is generally considered healthy.
What is Magnolia Oil & Gas Corporation's debt-to-equity ratio?
Magnolia Oil & Gas Corporation (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 Corporation's return on assets (ROA)?
Magnolia Oil & Gas Corporation (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 Corporation's P/E ratio?
Magnolia Oil & Gas Corporation (MGY) trades at 15.5x earnings, its market capitalization divided by net income of $425.8M net income, trailing 12 months to June 30, 2026. The market capitalization is $6.6B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Magnolia Oil & Gas Corporation's price-to-sales ratio?
Magnolia Oil & Gas Corporation (MGY) trades at 4.5x sales, its market capitalization divided by revenue of $1.5B revenue, trailing 12 months to June 30, 2026. The market capitalization is $6.6B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Magnolia Oil & Gas Corporation's Altman Z-Score?
Magnolia Oil & Gas Corporation (MGY) has an Altman Z-Score of 5.85, 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 Corporation's Piotroski F-Score?
Magnolia Oil & Gas Corporation (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 Corporation's earnings high quality?
Magnolia Oil & Gas Corporation (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.
Can Magnolia Oil & Gas Corporation cover its interest payments?
Magnolia Oil & Gas Corporation (MGY) has an interest coverage ratio of 20.32x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Magnolia Oil & Gas Corporation?
Magnolia Oil & Gas Corporation (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.