Magnolia Oil & Gas Corp ROA - Return on Assets 2017-2024 | MGY

Magnolia Oil & Gas Corp return on assets for the quarter ending September 30, 2024 was 13.34.

  • Magnolia Oil & Gas Corp average return on assets for 2023 was 23.68, a 36.97% decline from 2022.
  • Magnolia Oil & Gas Corp average return on assets for 2022 was 37.57, a 134.08% decline from 2021.
  • Magnolia Oil & Gas Corp average return on assets for 2021 was 16.05, a 127.24% increase from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.

Magnolia Oil & Gas Corp ROA - Return on Assets 2017-2024 | MGY

  • Magnolia Oil & Gas Corp average return on assets for 2023 was 23.68, a 36.97% decline from 2022.
  • Magnolia Oil & Gas Corp average return on assets for 2022 was 37.57, a 134.08% decline from 2021.
  • Magnolia Oil & Gas Corp average return on assets for 2021 was 16.05, a 127.24% increase from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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