Magnolia Oil & Gas Corporation (MGY) Financial Ratios
10 years of historical data (2016–2025) · Energy · Oil & Gas Exploration & Production
EV/EBITDA
↑
6.09
↑+41% vs avg
5yr avg: 4.33
30Y Low2.8·High4.9
P/FCF
↑
12.77
↑+57% vs avg
5yr avg: 8.13
30Y Low5.3·High79.6
P/B Ratio
↓
2.61
+8% vs avg
5yr avg: 2.42
30Y Low0.5·High3.2
ROE
↓
16.4%
↑-50% vs avg
5yr avg: 33.1%
30Y Low-68%·High64%
Debt/EBITDA
↓
0.47
+8% vs avg
5yr avg: 0.44
30Y Low0.3·High0.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
MGY Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Magnolia Oil & Gas Corporation trades at 16.1x earnings, 68% above its 5-year average of 9.6x, sitting at the 75th percentile of its historical range. This is roughly in line with the Energy sector median P/E of 16.8x. On a free-cash-flow basis, the stock trades at 12.8x P/FCF, 57% above the 5-year average of 8.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.2B | $4.1B | $4.4B | $4.0B | $4.4B | $3.3B | $1.2B | $2.1B | $1.8B | $791M | — |
| Enterprise Value | $5.4B | $4.2B | $4.5B | $4.0B | $4.1B | $3.3B | $1.4B | $2.3B | $2.0B | $791M | — |
| P/E Ratio → | 16.09 | 12.51 | 12.05 | 10.44 | 4.98 | 8.00 | — | 44.93 | 18.68 | 4.43 | — |
| P/S Ratio | 3.98 | 3.10 | 3.31 | 3.27 | 2.60 | 3.07 | 2.17 | 2.23 | 1.71 | 1.96 | — |
| P/B Ratio | 2.61 | 2.03 | 2.22 | 2.13 | 2.53 | 3.17 | 1.40 | 0.77 | 0.66 | 0.50 | — |
| P/FCF | 12.77 | 9.93 | 10.10 | 9.31 | 5.30 | 5.99 | 13.35 | 9.89 | 7.07 | 79.58 | — |
| P/OCF | 5.95 | 4.62 | 4.73 | 4.69 | 3.40 | 4.20 | 3.79 | 3.24 | 3.01 | 3.07 | — |
P/E links to full P/E history page with 30-year chart
MGY EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Magnolia Oil & Gas Corporation's enterprise value stands at 6.1x EBITDA, 41% above its 5-year average of 4.3x. The Energy sector median is 8.1x, placing the stock at a 25% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.21 | 3.43 | 3.28 | 2.44 | 3.10 | 2.55 | 2.45 | 1.95 | 1.96 | — |
| EV / EBITDA | 6.09 | 4.77 | 4.87 | 4.68 | 3.14 | 4.18 | — | 3.47 | 2.82 | — | — |
| EV / EBIT | 12.25 | 9.60 | 8.89 | 7.31 | 3.82 | 5.57 | — | 18.05 | 6.11 | — | — |
| EV / FCF | — | 10.30 | 10.45 | 9.33 | 4.97 | 6.05 | 15.70 | 10.88 | 8.08 | 79.58 | — |
MGY Profitability
Margins and return-on-capital ratios measuring operating efficiency
Magnolia Oil & Gas Corporation earns an operating margin of 33.5%, significantly above the Energy sector average of 14.3%. Operating margins have compressed from 43.6% to 33.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 16.4% indicates solid capital efficiency, compared to the sector median of 7.8%. ROIC of 15.4% represents solid returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 46.7% | 46.7% | 51.7% | 57.2% | 74.1% | 68.9% | 23.8% | 32.9% | 89.6% | 61.0% | 59.6% |
| Operating Margin | 33.5% | 33.5% | 38.9% | 43.6% | 63.4% | 55.9% | -355.7% | 13.5% | 26.3% | -0.3% | 26.0% |
| Net Profit Margin | 24.8% | 24.8% | 27.8% | 31.6% | 52.7% | 38.7% | -223.2% | 5.3% | 9.0% | 0.4% | 19.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 16.4% | 16.4% | 19.0% | 21.4% | 64.2% | 44.3% | -67.7% | 1.8% | 4.4% | 0.2% | 3.4% |
| ROA | 11.4% | 11.4% | 13.1% | 14.6% | 41.4% | 26.1% | -49.1% | 1.5% | 3.7% | 0.1% | 3.3% |
| ROIC | 15.4% | 15.4% | 19.2% | 23.9% | 63.4% | 42.6% | -72.5% | 3.2% | 9.0% | -0.1% | 3.5% |
| ROCE | 17.1% | 17.1% | 20.6% | 22.9% | 57.1% | 42.2% | -83.4% | 3.9% | 11.3% | -0.1% | 4.4% |
MGY Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Magnolia Oil & Gas Corporation carries a Debt/EBITDA ratio of 0.5x, which is very conservative (80% below the sector average of 2.4x). Net debt stands at $153M ($420M total debt minus $267M cash). Interest coverage of 20.3x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.21 | 0.21 | 0.21 | 0.22 | 0.23 | 0.38 | 0.47 | 0.14 | 0.14 | — | — |
| Debt / EBITDA | 0.47 | 0.47 | 0.44 | 0.48 | 0.30 | 0.50 | — | 0.59 | 0.54 | — | — |
| Net Debt / Equity | — | 0.08 | 0.08 | 0.00 | -0.16 | 0.03 | 0.25 | 0.08 | 0.09 | 0.00 | 0.00 |
| Net Debt / EBITDA | 0.17 | 0.17 | 0.16 | 0.01 | -0.21 | 0.04 | — | 0.32 | 0.35 | — | 0.00 |
| Debt / FCF | — | 0.37 | 0.35 | 0.02 | -0.33 | 0.05 | 2.34 | 0.99 | 1.01 | 0.00 | 0.00 |
| Interest Coverage | 20.31 | 20.31 | 35.32 | 16661.97 | 46.09 | 19.34 | -66.89 | 4.52 | 11.13 | — | — |
MGY Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.54x means Magnolia Oil & Gas Corporation can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.88x to 1.54x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.54 | 1.54 | 1.42 | 1.88 | 2.50 | 2.37 | 2.18 | 1.67 | 1.48 | 1.41 | 1.39 |
| Quick Ratio | 1.54 | 1.54 | 1.42 | 1.88 | 2.50 | 2.37 | 2.18 | 1.67 | 1.48 | 1.41 | 1.39 |
| Cash Ratio | 0.93 | 0.93 | 0.90 | 1.27 | 1.98 | 1.68 | 1.49 | 1.04 | 0.69 | — | 1.30 |
| Asset Turnover | — | 0.45 | 0.47 | 0.45 | 0.66 | 0.62 | 0.37 | 0.27 | 0.30 | 0.24 | 0.17 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 48.63 | 41.02 | 56.43 | 36.78 | 50.69 | 55.00 | 40.98 | 49.25 | 103.39 | — |
MGY Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Magnolia Oil & Gas Corporation returns 6.1% to shareholders annually — split between a 2.2% dividend yield and 3.9% buyback yield. The payout ratio of 34.8% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 6.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.2% | 2.8% | 2.2% | 2.2% | 1.7% | 0.4% | — | — | — | — | — |
| Payout Ratio | 34.8% | 34.8% | 26.7% | 22.7% | 8.4% | 3.4% | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.2% | 8.0% | 8.3% | 9.6% | 20.1% | 12.5% | — | 2.2% | 5.4% | 22.6% | — |
| FCF Yield | 7.8% | 10.1% | 9.9% | 10.7% | 18.9% | 16.7% | 7.5% | 10.1% | 14.1% | 1.3% | — |
| Buyback Yield | 3.9% | 5.1% | 6.3% | 5.1% | 8.0% | 9.0% | 2.4% | 3.8% | 20.0% | 0.0% | — |
| Total Shareholder Yield | 6.1% | 7.8% | 8.5% | 7.3% | 9.7% | 9.4% | 2.4% | 3.8% | 20.0% | 0.0% | — |
| Shares Outstanding | — | $186M | $186M | $188M | $188M | $175M | $166M | $167M | $159M | $81M | $75M |
Peer Comparison
Compare MGY with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 MGYYou | $5B | 16.1 | 6.1 | 12.8 | 46.7% | 33.5% | 16.4% | 15.4% | 0.5 |
 CIVI | $2B | 3.2 | 1.9 | 2.6 | 41.2% | 29.0% | 13.1% | 10.8% | 1.3 |
 CHRD | $8B | 186.1 | 5.5 | 11.3 | 6.5% | 4.1% | 0.5% | 1.6% | 0.9 |
 SM | $3B | 5.2 | 2.6 | 5.8 | 31.9% | 26.1% | 14.3% | 8.9% | 1.1 |
 MTDR | $7B | 9.1 | 4.3 | 28.6 | 43.7% | 32.5% | 13.3% | 10.5% | 1.5 |
 CRGY | $4B | 23.0 | 6.0 | 5.6 | 22.6% | 13.2% | 2.8% | 3.9% | 3.5 |
 REI | $350M | -9.8 | 4.5 | 6.6 | 60.7% | 24.2% | -4.1% | 4.5% | 2.5 |
 TALO | $2B | -5.3 | 3.1 | 5.5 | 2.9% | -5.9% | -20.1% | -2.3% | 1.2 |
 PR | $17B | 15.7 | 5.8 | 29.8 | 32.7% | 29.0% | 8.5% | 7.5% | 1.1 |
 BATL | $47M | -1.3 | — | 1.2 | 72.8% | -4.0% | 16.0% | -3.4% | — |
 VTLE | $693M | -3.8 | 4.5 | — | 31.4% | -1.2% | -6.3% | -0.3% | 3.6 |
| Energy Median | — | 16.8 | 8.1 | 14.3 | 31.9% | 14.3% | 7.8% | 6.3% | 2.4 |
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Download Financial Ratios Data
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Start ComparisonMGY — Frequently Asked Questions
Quick answers to the most common questions about buying MGY stock.
What is Magnolia Oil & Gas Corporation's P/E ratio?
Magnolia Oil & Gas Corporation's current P/E ratio is 16.1x. The historical average is 14.5x. This places it at the 75th percentile of its historical range.
What is Magnolia Oil & Gas Corporation's EV/EBITDA?
Magnolia Oil & Gas Corporation's current EV/EBITDA is 6.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 4.0x.
What is Magnolia Oil & Gas Corporation's ROE?
Magnolia Oil & Gas Corporation's return on equity (ROE) is 16.4%. The historical average is 10.7%.
Is MGY stock overvalued?
Based on historical data, Magnolia Oil & Gas Corporation is trading at a P/E of 16.1x. This is at the 75th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Magnolia Oil & Gas Corporation's dividend yield?
Magnolia Oil & Gas Corporation's current dividend yield is 2.16% with a payout ratio of 34.8%.
What are Magnolia Oil & Gas Corporation's profit margins?
Magnolia Oil & Gas Corporation has 46.7% gross margin and 33.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Magnolia Oil & Gas Corporation have?
Magnolia Oil & Gas Corporation's Debt/EBITDA ratio is 0.5x, indicating low leverage. A ratio below 2x is generally considered financially healthy.