Valuation, from the filing
| Public float | $4.10B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float / net income | 12.6× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 3.1× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 2.1× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
12.6× earnings today, against a median of 10.9× across 6 years on record. Above its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $4.10B | 12.6× | |
| 2024-06-28 | $4.50B | 12.3× | |
| 2023-06-30 | $3.70B | 9.5× | |
| 2022-06-30 | $3.60B | 4.0× | |
| 2021-06-30 | $2.20B | 5.3× | |
| 2019-06-28 | $1.30B | 25.9× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Crude Petroleum & Natural Gas filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| Net margin | 24.8% | 89th | |
| Operating margin | 33.5% | 87th | |
| Long-term debt / equity | 0.20x | 16th | |
| Current ratio | 1.54x | 75th | |
| Effective tax rate | 19.2% | 35th | |
| SBC / revenue | 2.1% | 57th | |
| Revenue YoY growth | -0.3% | 46th |
Magnolia Oil & Gas Corp (MGY) reported revenue of $1.31B and net income of $325.25M for the fiscal year ended 2025-12-31. This page shows 8 annual periods of income statement, balance sheet and cash flow figures normalized from Magnolia Oil & Gas Corp’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Crude Petroleum & Natural Gas.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.31B | $1.32B | $1.23B | $1.69B | $1.08B | $541.30M | $942.16M | $403.19M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | $439.18M | $511.99M | $534.48M | $1.07B | $602.59M | -$1.93B | $127.50M | $190.01M |
| Net income | $325.25M | $366.03M | $388.30M | $893.84M | $417.28M | -$1.21B | $50.20M | Unavailable |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 185.59M | shares 186.49M | shares 188.36M | shares 187.90M | shares 175.36M | shares 166.27M | shares 167.05M | Unavailable |
| Pretax income | $417.41M | $493.14M | $549.81M | $1.06B | $568.57M | -$1.95B | $99.76M | $181.62M |
| Income tax expense | $80.13M | $95.81M | $107.21M | $6.64M | $8.85M | -$79.34M | $14.76M | $2.74M |
| Diluted EPS | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $97.04M | $88.73M | $77.10M | $72.43M | $75.28M | $68.92M | $69.43M | $18.57M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $266.78M | $260.05M | $401.12M | $675.44M | $366.98M | $192.56M | $182.63M | $851.47K |
| Total assets | $2.90B | $2.82B | $2.76B | $2.57B | $1.75B | $1.45B | $3.47B | $653.94M |
| Current assets | $442.44M | $410.82M | $591.27M | $850.75M | $517.92M | $281.53M | $293.22M | $993.74K |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $24.55M |
| Current liabilities | $288.03M | $290.26M | $314.89M | $340.27M | $218.54M | $128.95M | $175.21M | $1.80M |
| Total equity incl. NCI | $2.00B | $1.97B | $1.88B | $1.74B | $1.05B | $839.42M | $2.73B | $5.00M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $624.38M |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $116.53M | $123.76M | $189.70M | $170.77M | $149.77M | $81.56M | $105.78M | Unavailable |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $393.25M | $392.51M | $392.84M | $390.38M | $388.09M | $391.12M | $389.84M | Unavailable |
| Accounts payable | $177.57M | $181.07M | $193.21M | $202.85M | $127.91M | $62.63M | $79.43M | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $878.64M | $920.85M | $855.79M | $1.30B | $788.48M | $310.12M | $647.62M | $257.37M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$540.75M | -$655.12M | -$814.90M | -$518.89M | -$243.44M | -$269.99M | -$524.25M | -$314.42M |
| Financing cash flow | -$331.16M | -$406.80M | -$315.21M | -$469.34M | -$370.61M | -$30.20M | -$76.50M | $57.05M |
| Net change in cash | $6.74M | -$141.07M | -$274.32M | $308.46M | $174.42M | $9.93M | $46.88M | $0 |
| Stock-based compensation | $27.26M | $18.66M | $16.17M | $13.31M | $11.74M | $10.03M | $11.09M | $0 |
| Common dividends paid | $113.10M | $97.62M | $88.08M | $75.20M | $14.13M | $0 | $0 | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $437.76M | $414.49M | $324.79M | $243.15M | $187.69M | $283.35M | $523.57M | $129.71M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | 33.5% | 38.9% | 43.6% | 63.4% | 55.9% | -355.7% | 13.5% | 47.1% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 2.1% | 1.4% | 1.3% | 0.8% | 1.1% | 1.9% | 1.2% | 0.0% |
| Current ratio | 1.54x | 1.42x | 1.88x | 2.50x | 2.37x | 2.18x | 1.67x | 0.55x |
| Revenue YoY growth | -0.3% | 7.2% | -27.6% | 57.1% | 99.2% | -42.5% | Unavailable | Unavailable |
| Net margin | 24.8% | 27.8% | 31.6% | 52.7% | 38.7% | -223.2% | 5.3% | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 0.20x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 19.2% | 19.4% | 19.5% | 0.6% | 1.6% | Unavailable | 14.8% | 1.5% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MGY in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.