9 years of historical data (2016–2024) · Energy · Oil & Gas Exploration & Production
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Magnolia Oil & Gas Corporation trades at 14.3x earnings, 62% above its 5-year average of 8.9x, sitting at the 71st percentile of its historical range. Compared to the Energy sector median P/E of 16.8x, the stock trades at a discount of 15%. On a free-cash-flow basis, the stock trades at 0.4x P/FCF, 96% below the 5-year average of 8.8x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $153M | $4.4B | $4.0B | $4.4B | $3.3B | $1.2B | $2.1B | $1.8B | $791M | — |
| Enterprise Value | $303M | $4.5B | $4.0B | $4.1B | $3.3B | $1.4B | $2.3B | $2.0B | $791M | — |
| P/E Ratio → | 14.34 | 12.05 | 10.44 | 4.98 | 8.00 | — | 44.93 | 18.68 | 4.43 | — |
| P/S Ratio | 0.12 | 3.31 | 3.27 | 2.60 | 3.07 | 2.17 | 2.23 | 1.71 | 1.96 | — |
| P/B Ratio | 2.64 | 2.22 | 2.13 | 2.53 | 3.17 | 1.40 | 0.77 | 0.66 | 0.50 | — |
| P/FCF | 0.35 | 10.10 | 9.31 | 5.30 | 5.99 | 13.35 | 9.89 | 7.07 | 79.58 | — |
| P/OCF | 0.17 | 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
Enterprise-value multiples — capital-structure-neutral measures of total business value
Magnolia Oil & Gas Corporation's enterprise value stands at 0.3x EBITDA, 92% below its 5-year average of 4.2x. The Energy sector median is 7.3x, placing the stock at a 95% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.43 | 3.26 | 2.43 | 3.09 | 2.54 | 2.45 | 1.95 | 1.96 | — |
| EV / EBITDA | 0.33 | 4.87 | 4.66 | 3.13 | 4.16 | — | 3.47 | 2.82 | — | — |
| EV / EBIT | 0.59 | 8.89 | 7.28 | 3.81 | 5.55 | — | 18.02 | 6.11 | — | — |
| EV / FCF | — | 10.45 | 9.29 | 4.96 | 6.03 | 15.61 | 10.86 | 8.08 | 79.58 | — |
Margins and return-on-capital ratios measuring operating efficiency
Magnolia Oil & Gas Corporation earns an operating margin of 38.9%, significantly above the Energy sector average of 13.9%. Operating margins have compressed from 63.4% to 38.9% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 19.0% indicates solid capital efficiency, compared to the sector median of 8.2%. ROIC of 19.2% represents solid returns on invested capital versus a sector median of 6.8%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 51.7% | 51.7% | 57.2% | 74.1% | 68.9% | 23.8% | 32.9% | 89.6% | 61.0% | 59.6% |
| Operating Margin | 38.9% | 38.9% | 43.6% | 63.4% | 55.9% | -355.7% | 13.5% | 26.3% | -0.3% | 26.0% |
| Net Profit Margin | 27.8% | 27.8% | 31.6% | 52.7% | 38.7% | -223.2% | 5.3% | 9.0% | 0.4% | 19.4% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 19.0% | 19.0% | 21.4% | 64.2% | 44.3% | -67.7% | 1.8% | 4.4% | 0.2% | 3.4% |
| ROA | 13.1% | 13.1% | 14.6% | 41.4% | 26.1% | -49.1% | 1.5% | 3.7% | 0.1% | 3.3% |
| ROIC | 19.2% | 19.2% | 24.1% | 63.9% | 43.0% | -72.7% | 3.2% | 9.0% | -0.1% | 3.5% |
| ROCE | 20.6% | 20.6% | 22.9% | 57.1% | 42.2% | -83.4% | 3.9% | 11.3% | -0.1% | 4.4% |
Solvency and debt-coverage ratios — lower is generally safer
Magnolia Oil & Gas Corporation carries a Debt/EBITDA ratio of 0.4x, which is very conservative (82% below the sector average of 2.5x). Net debt stands at $150M ($410M total debt minus $260M cash). Interest coverage of 35.6x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | 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 | 0.37 | 0.47 | 0.14 | 0.14 | — | — |
| Debt / EBITDA | 0.44 | 0.44 | 0.46 | 0.30 | 0.49 | — | 0.59 | 0.54 | — | — |
| Net Debt / Equity | — | 0.08 | -0.00 | -0.16 | 0.02 | 0.24 | 0.08 | 0.09 | 0.00 | 0.00 |
| Net Debt / EBITDA | 0.16 | 0.16 | -0.01 | -0.22 | 0.03 | — | 0.31 | 0.35 | — | 0.00 |
| Debt / FCF | — | 0.35 | -0.02 | -0.34 | 0.04 | 2.26 | 0.97 | 1.01 | 0.00 | 0.00 |
| Interest Coverage | 35.63 | 35.63 | 16196.52 | 45.81 | 19.44 | -67.10 | 4.50 | 9.15 | — | — |
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.42x means Magnolia Oil & Gas Corporation can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 2.50x to 1.42x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.42 | 1.42 | 1.88 | 2.50 | 2.37 | 2.18 | 1.67 | 1.48 | 1.41 | 1.39 |
| Quick Ratio | 1.42 | 1.42 | 1.88 | 2.50 | 2.37 | 2.18 | 1.67 | 1.48 | 1.41 | 1.39 |
| Cash Ratio | 0.90 | 0.90 | 1.27 | 1.98 | 1.68 | 1.49 | 1.04 | 0.69 | — | 1.30 |
| Asset Turnover | — | 0.47 | 0.45 | 0.66 | 0.62 | 0.37 | 0.27 | 0.30 | 0.24 | 0.17 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 41.02 | 56.43 | 36.78 | 50.69 | 55.00 | 40.98 | 49.25 | 103.39 | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Magnolia Oil & Gas Corporation returns 100.0% to shareholders annually — split between a 1.9% dividend yield and 100.0% buyback yield. The payout ratio of 26.7% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 7.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.9% | 2.2% | 2.2% | 1.7% | 0.4% | — | — | — | — | — |
| Payout Ratio | 26.7% | 26.7% | 22.7% | 8.4% | 3.4% | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.0% | 8.3% | 9.6% | 20.1% | 12.5% | — | 2.2% | 5.4% | 22.6% | — |
| FCF Yield | 100.0% | 9.9% | 10.7% | 18.9% | 16.7% | 7.5% | 10.1% | 14.1% | 1.3% | — |
| Buyback Yield | 100.0% | 6.3% | 5.1% | 8.0% | 9.0% | 2.4% | 3.8% | 20.0% | 0.0% | — |
| Total Shareholder Yield | 100.0% | 8.5% | 7.3% | 9.7% | 9.4% | 2.4% | 3.8% | 20.0% | 0.0% | — |
| Shares Outstanding | — | $186M | $188M | $188M | $175M | $166M | $167M | $159M | $81M | $75M |
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 | $153M | 14.3 | 0.3 | 0.4 | 51.7% | 38.9% | 19.0% | 19.2% | 0.4 |
| EOG | $67B | 13.6 | 5.7 | 17.1 | 68.1% | 35.1% | 16.8% | 19.1% | 0.7 |
| FANG | $50B | 30.4 | 6.4 | 9.5 | 35.2% | 32.7% | 4.0% | 6.7% | 1.5 |
| DVN | $27B | 10.4 | 4.6 | 8.7 | 24.6% | 22.0% | 17.5% | 12.3% | 1.2 |
| OVV | $13B | 10.6 | 5.0 | 8.5 | 28.6% | 21.6% | 11.5% | 8.0% | 1.8 |
| MTDR | $6B | 8.4 | 3.5 | 2.7 | 88.8% | 33.2% | 13.3% | 11.8% | 0.9 |
| CHRD | $6B | 146.4 | 4.5 | 8.9 | — | 4.0% | 5.3% | 1.6% | 0.9 |
| SM | $3B | 4.1 | 3.7 | 4.6 | — | 0.5% | 14.3% | 0.2% | 1.9 |
| CIVI | $2B | 3.2 | 1.9 | 2.6 | 41.2% | 29.0% | 13.1% | 10.8% | 1.3 |
| PR | $2B | 14.3 | 0.4 | 0.4 | — | — | 8.5% | 8.5% | 0.0 |
| VTLE | $693M | -3.8 | 4.5 | — | 31.4% | -1.2% | -6.3% | -0.3% | 3.6 |
| Energy Median | — | 16.8 | 7.3 | 11.5 | 35.3% | 13.9% | 8.2% | 6.8% | 2.5 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 9 years · Updated daily
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Start ComparisonMagnolia Oil & Gas Corporation's current P/E ratio is 14.3x. The historical average is 14.8x. This places it at the 71th percentile of its historical range.
Magnolia Oil & Gas Corporation's current EV/EBITDA is 0.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 3.9x.
Magnolia Oil & Gas Corporation's return on equity (ROE) is 19.0%. The historical average is 10.1%.
Based on historical data, Magnolia Oil & Gas Corporation is trading at a P/E of 14.3x. This is at the 71th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Magnolia Oil & Gas Corporation's current dividend yield is 1.88% with a payout ratio of 26.7%.
Magnolia Oil & Gas Corporation has 51.7% gross margin and 38.9% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Magnolia Oil & Gas Corporation's Debt/EBITDA ratio is 0.4x, indicating low leverage. A ratio below 2x is generally considered financially healthy.