Magnolia Oil & Gas Corp Annual Operating Margin in % from 2017 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Magnolia Oil & Gas Corp quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
  • Magnolia Oil & Gas Corp Operating Margin for the quarter ending June 30, 2024 was 42.1 %, a 21.1% decline year-over-year.
  • Magnolia Oil & Gas Corp annual Operating Margin for 2023 was 43.6 %, a 31.3% decline from 2022.
  • Magnolia Oil & Gas Corp annual Operating Margin for 2022 was 63.4 %, a 13.4% increase from 2021.
  • Magnolia Oil & Gas Corp annual Operating Margin for 2021 was 55.9 %.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 43.6 -19.8 -31.3% Jan 1, 2023 Dec 31, 2023
2022 63.4 +7.49 +13.4% Jan 1, 2022 Dec 31, 2022
2021 55.9 +412 Jan 1, 2021 Dec 31, 2021
2020 -356 -369 -2729% Jan 1, 2020 Dec 31, 2020
2019 13.5 Jan 1, 2019 Dec 31, 2019
2017 47.1 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.