Magnolia Oil & Gas Corp Gross Margin 2017-2024 | MGY

Magnolia Oil & Gas Corp gross margin for the quarter ending September 30, 2024 was 97.03%.

  • Magnolia Oil & Gas Corp average gross margin for 2023 was 96.3%, a 0.2% increase from 2022.
  • Magnolia Oil & Gas Corp average gross margin for 2022 was 96.11%, a 1.54% increase from 2021.
  • Magnolia Oil & Gas Corp average gross margin for 2021 was 94.65%, a 0.16% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Magnolia Oil & Gas Corp Gross Margin 2017-2024 | MGY

  • Magnolia Oil & Gas Corp average gross margin for 2023 was 96.3%, a 0.2% increase from 2022.
  • Magnolia Oil & Gas Corp average gross margin for 2022 was 96.11%, a 1.54% increase from 2021.
  • Magnolia Oil & Gas Corp average gross margin for 2021 was 94.65%, a 0.16% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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