Magnolia Gross Profit from 2010 to 2024

MGY Stock

USD 28.19 0.60 2.08%

Magnolia Oil Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 574.8 M in 2024. Gross Profit is the profit Magnolia Oil Gas makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2017-06-30

Previous Quarter

177 M

Current Value

20 M

Quarterly Volatility

108.6 M

Covid

Check Magnolia Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magnolia Oil's main balance sheet or income statement drivers, such as Tax Provision of 17.8 M, Depreciation And Amortization of 289.4 M or Interest Expense of 31.4 K, as well as many indicators such as Price To Sales Ratio of 3.47, Dividend Yield of 0.0116 or PTB Ratio of 1.66. Magnolia financial statements analysis is a perfect complement when working with Magnolia Oil Valuation or Volatility modules.

Check out the analysis of Magnolia Oil Correlation against competitors.

Latest Magnolia Oil's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Magnolia Oil Gas over the last few years. Gross profit is a required income statement account that reflects total revenue of Magnolia Oil Gas minus its cost of goods sold. It is profit before Magnolia Oil operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Magnolia Oil's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magnolia Oil's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 1.5 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Magnolia Gross Profit Regression Statistics

	Arithmetic Mean	341,258,388
	Geometric Mean	180,744,613
	Coefficient Of Variation	110.74
	Mean Deviation	314,659,850
	Median	128,811,000
	Standard Deviation	377,906,483
	Sample Variance	142813.3T
	Range	1.2B
	R-Value	0.74
	Mean Square Error	70107.5T
	R-Squared	0.54
	Significance	0
	Slope	62,335,195
	Total Sum of Squares	1999386.3T

Magnolia Gross Profit History

	2024	574.8 M
	2023	692.9 M
	2022	1.3 B
	2021	742.8 M
	2020	128.8 M
	2019	269.4 M
	2018	800.8 M

Other Fundumenentals of Magnolia Oil Gas

Gross Profit Margin

Magnolia Oil Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Net Invested Capital	Total Current Assets	Net Working Capital	Common Stock	Net Tangible Assets	Accounts Payable	Net Receivables	Capital Surpluse	Property Plant Equipment	Capital Stock	Current Deferred Revenue
Total Assets		0.95	0.32	0.22	0.91	0.99	0.74	0.63	-0.89	0.98	0.76	0.65	0.89	0.62	-0.35	-0.4
Total Stockholder Equity	0.95		0.12	0.47	0.82	0.98	0.72	0.62	-0.76	0.96	0.76	0.73	0.77	0.61	-0.45	-0.48
Net Debt	0.32	0.12		-0.34	0.17	0.17	-0.25	-0.37	-0.25	0.17	-0.22	-0.32	0.23	0.56	0.36	0.54
Retained Earnings	0.22	0.47	-0.34		-0.01	0.31	0.07	0.02	0.1	0.26	0.17	0.44	-0.08	0.26	-0.57	-0.36
Total Liab	0.91	0.82	0.17	-0.01		0.92	0.91	0.84	-0.99	0.95	0.92	0.74	0.99	0.27	-0.46	-0.55
Net Invested Capital	0.99	0.98	0.17	0.31	0.92		0.81	0.7	-0.87	1.0	0.83	0.74	0.88	0.54	-0.45	-0.5
Total Current Assets	0.74	0.72	-0.25	0.07	0.91	0.81		0.99	-0.86	0.84	0.98	0.85	0.88	0.0	-0.57	-0.76
Net Working Capital	0.63	0.62	-0.37	0.02	0.84	0.7	0.99		-0.79	0.74	0.95	0.8	0.8	-0.11	-0.54	-0.78
Common Stock	-0.89	-0.76	-0.25	0.1	-0.99	-0.87	-0.86	-0.79		-0.9	-0.86	-0.65	-1.0	-0.26	0.43	0.49
Net Tangible Assets	0.98	0.96	0.17	0.26	0.95	1.0	0.84	0.74	-0.9		0.86	0.76	0.91	0.49	-0.47	-0.51
Accounts Payable	0.76	0.76	-0.22	0.17	0.92	0.83	0.98	0.95	-0.86	0.86		0.9	0.88	0.01	-0.66	-0.77
Net Receivables	0.65	0.73	-0.32	0.44	0.74	0.74	0.85	0.8	-0.65	0.76	0.9		0.68	0.0	-0.78	-0.87
Capital Surpluse	0.89	0.77	0.23	-0.08	0.99	0.88	0.88	0.8	-1.0	0.91	0.88	0.68		0.24	-0.44	-0.5
Property Plant Equipment	0.62	0.61	0.56	0.26	0.27	0.54	0.0	-0.11	-0.26	0.49	0.01	0.0	0.24		0.26	0.2
Capital Stock	-0.35	-0.45	0.36	-0.57	-0.46	-0.45	-0.57	-0.54	0.43	-0.47	-0.66	-0.78	-0.44	0.26		0.76
Current Deferred Revenue	-0.4	-0.48	0.54	-0.36	-0.55	-0.5	-0.76	-0.78	0.49	-0.51	-0.77	-0.87	-0.5	0.2	0.76

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About Magnolia Oil Financial Statements

Magnolia Oil investors use historical fundamental indicators, such as Magnolia Oil's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Magnolia Oil. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	692.9 M	574.8 M
Gross Profit Margin	0.56	0.42

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Additional Tools for Magnolia Stock Analysis

When running Magnolia Oil's price analysis, check to measure Magnolia Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magnolia Oil is operating at the current time. Most of Magnolia Oil's value examination focuses on studying past and present price action to predict the probability of Magnolia Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnolia Oil's price. Additionally, you may evaluate how the addition of Magnolia Oil to your portfolios can decrease your overall portfolio volatility.

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