• Magnolia Oil & Gas Corp average net profit margin for 2023 was 42.15%, a 10.3% decline from 2022.
• Magnolia Oil & Gas Corp average net profit margin for 2022 was 46.99%, a 70.5% decline from 2021.
• Magnolia Oil & Gas Corp average net profit margin for 2021 was 27.56%, a 115.36% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.