Magnolia Oil & Gas Corporation (MGY) Key Metrics
MGY valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $6.96B
- Enterprise value
- $6.69B
- P/E (TTM)
- 11.1 10-yr median 12.2
- Forward P/E
- 9.2
- PEG ratio
- —
- Price / sales
- 4.7 10-yr median 2.6
- Price / book
- 3.1 10-yr median 2.1
- EV / EBITDA
- 6.6 10-yr median 4.4
- Dividend yield
- 2.55% $0.66 a year
- Beta
- 0.79
MGY key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsMGY valuation Price multiples at each fiscal year-end price.
MGY returns How much profit the business earns on the capital it uses.
MGY per-share figures Results divided by the shares outstanding at year-end.
MGY financial health Debt, liquidity and how easily interest is covered.
MGY efficiency & capital use Working capital cycle and where the cash goes.
MGY valuation history
MGY returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
MGY debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
MGY cash returned to shareholders
MGY price vs earnings per share
MGY key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $4.06B | $4.36B | $4.01B | $4.41B | $3.31B | $1.17B | $2.10B | $1.78B | $791.4M | — |
| Enterprise value | $4.22B | $4.51B | $4.02B | $4.13B | $3.33B | $1.37B | $2.31B | $2.03B | $790.5M | — |
| P/E ratio | 12.5 | 11.9 | 10.3 | 4.9 | 7.9 | — | 41.9 | 18.9 | 473.5 | — |
| Price / sales | 3.1 | 3.3 | 3.3 | 2.6 | 3.1 | 2.2 | 2.2 | 1.7 | 2.0 | — |
| Price / book | 2.1 | 2.3 | 2.4 | 2.5 | 3.2 | 1.4 | 0.8 | 1.1 | 0.5 | — |
| Price / free cash flow | 9.9 | 10.0 | 9.3 | 5.3 | 6.0 | 13.4 | 9.9 | 7.1 | 79.6 | — |
| Price / operating cash flow | 4.6 | 4.7 | 4.7 | 3.4 | 4.2 | 3.8 | 3.2 | 3.0 | 3.1 | — |
| EV / sales | 3.2 | 3.4 | 3.3 | 2.4 | 3.1 | 2.5 | 2.5 | 2.0 | 2.0 | — |
| EV / EBITDA | 4.8 | 4.9 | 4.6 | 3.1 | 4.2 | — | 3.5 | 3.1 | 6.1 | — |
| EV / free cash flow | 10.3 | 10.4 | 9.3 | 5.0 | 6.0 | 15.6 | 10.9 | 8.1 | 79.5 | — |
| Earnings yield | 8.0% | 8.4% | 9.7% | 20.3% | 12.6% | −102.9% | 2.4% | 5.3% | 0.2% | — |
| Free cash flow yield | 10.1% | 10.0% | 10.7% | 18.9% | 16.7% | 7.5% | 10.1% | 14.1% | 1.3% | — |
| Dividend yield | 2.8% | 2.2% | 2.2% | 1.7% | 0.4% | 1.2% | 0.7% | 0.8% | 0.0% | — |
| Shareholder yield (dividends + buybacks) | 7.8% | 8.5% | 7.3% | 9.7% | 9.4% | 3.6% | 4.4% | 0.8% | 0.0% | — |
| Share price at fiscal year-end | $21.89 | $23.38 | $21.29 | $23.45 | $18.87 | $7.06 | $12.58 | $11.21 | $9.74 | — |
| Per share | ||||||||||
| Revenue per share | $7.07 | $7.06 | $6.51 | $9.02 | $6.15 | $3.26 | $5.64 | $6.56 | $4.96 | $1.48 |
| Earnings per share | $1.75 | $1.96 | $2.06 | $4.76 | $2.38 | −$7.27 | $0.30 | $0.59 | $0.02 | $0.29 |
| Operating cash flow per share | $4.73 | $4.94 | $4.54 | $6.90 | $4.50 | $1.87 | $3.88 | $3.72 | $3.17 | $0.41 |
| Free cash flow per share | $2.20 | $2.33 | $2.29 | $4.43 | $3.15 | $0.53 | $1.27 | $1.59 | $0.12 | $0.06 |
| Cash per share | $1.44 | $1.39 | $2.13 | $3.59 | $2.09 | $1.16 | $1.09 | $0.86 | $0.01 | $0.02 |
| Book value per share | $10.45 | $10.26 | $8.98 | $9.26 | $5.96 | $5.05 | $16.33 | $10.57 | $19.67 | $8.37 |
| Tangible book value per share | $10.45 | $10.26 | $8.98 | $9.26 | $5.96 | $4.99 | $16.19 | $10.33 | $19.67 | $8.37 |
| Dividends per share | $0.61 | $0.52 | $0.47 | $0.40 | $0.08 | $0.08 | $0.08 | $0.09 | $0.00 | — |
| Capex per share | $2.53 | $2.61 | $2.26 | $2.48 | $1.35 | $1.34 | $2.60 | $2.14 | $3.05 | $0.35 |
| Debt per share | $2.26 | $2.20 | $2.17 | $2.10 | $2.24 | $2.36 | $2.35 | $2.45 | $0.00 | — |
| Shares outstanding | 185.6M | 186.5M | 188.4M | 187.9M | 175.4M | 166.3M | 167.0M | 158.6M | 81.2M | 75.0M |
| Change in shares outstanding | −0.5% | −1.0% | +0.2% | +7.2% | +5.5% | −0.5% | +5.3% | +95.2% | +8.3% | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 16.9% | 20.3% | 22.6% | 64.2% | 44.3% | −67.7% | 2.3% | 5.7% | 0.2% | 3.4% |
| Return on invested capital (ROIC) | 17.1% | 21.9% | 27.2% | 84.4% | 56.2% | −76.5% | 4.5% | 13.6% | −0.1% | 4.5% |
| Return on assets (ROA) | 11.4% | 13.1% | 14.6% | 41.4% | 26.1% | −49.1% | 1.5% | 3.7% | 0.1% | 3.3% |
| Return on tangible assets | 11.2% | 13.0% | 14.1% | 34.7% | 23.9% | −83.7% | 1.5% | 2.8% | 0.1% | 3.3% |
| Free cash flow margin | 31.2% | 33.0% | 35.1% | 49.1% | 51.2% | 16.2% | 22.6% | 24.2% | 2.5% | 4.1% |
| Income quality (OCF / net income) | 2.70 | 2.52 | 2.20 | 1.45 | 1.89 | — | 12.90 | 6.29 | 153.98 | 1.42 |
| Financial health | ||||||||||
| Total debt | $419.6M | $410.3M | $409.5M | $394.4M | $392.1M | $392.9M | $392.4M | $388.6M | $0 | — |
| Cash & short-term investments | $266.8M | $260.0M | $401.1M | $675.4M | $367.0M | $192.6M | $182.6M | $135.8M | $851,466 | $1.8M |
| Net debt | $152.8M | $150.3M | $8.4M | −$281.1M | $25.1M | $200.4M | $209.8M | $252.9M | −$851,466 | −$1.8M |
| Debt / equity | 0.22 | 0.21 | 0.24 | 0.23 | 0.38 | 0.47 | 0.14 | 0.23 | 0.00 | — |
| Debt / assets | 0.14 | 0.15 | 0.15 | 0.15 | 0.22 | 0.27 | 0.11 | 0.11 | 0.00 | — |
| Net debt / EBITDA | 0.17 | 0.16 | 0.01 | −0.21 | 0.03 | — | 0.31 | 0.39 | −0.01 | −0.03 |
| Current ratio | 1.54 | 1.42 | 1.88 | 2.50 | 2.37 | 2.18 | 1.67 | 1.48 | 1.41 | 1.39 |
| Quick ratio | 1.54 | 1.42 | 1.88 | 3.00 | 3.06 | 2.82 | 2.28 | 1.42 | 2.81 | 1.39 |
| Interest coverage | 20.3 | 35.6 | — | 45.8 | 19.4 | -67.1 | 4.5 | 9.2 | -0.1 | 4.3 |
| Working capital | $154.4M | $120.6M | $276.4M | $510.5M | $300.2M | $152.6M | $118.0M | $95.0M | $33.2M | $535,524 |
| Invested capital | $2.09B | $2.06B | $1.70B | $1.46B | $1.07B | $1.04B | $2.94B | $1.93B | $1.60B | $626.0M |
| Tangible asset value | $2.00B | $1.97B | $1.88B | $1.74B | $1.05B | $830.1M | $2.70B | $2.67B | $1.60B | $627.8M |
| Net current asset value | −$461.5M | −$442.7M | −$282.3M | $18.4M | −$182.7M | −$332.5M | −$444.7M | −$433.2M | $23.4M | −$22.2M |
| Graham number | $20.30 | $21.29 | $20.41 | $31.48 | $17.86 | — | $10.51 | $11.87 | $3.02 | $7.34 |
| Graham net-net per share | −$2.73 | −$2.59 | −$1.75 | −$0.61 | −$1.69 | −$2.41 | −$3.17 | −$3.02 | −$0.76 | −$0.30 |
| Capital allocation | ||||||||||
| Dividends paid | $113.1M | $97.6M | $88.1M | $75.2M | $14.1M | $14.1M | $14.1M | $14.1M | $0 | — |
| Share buybacks (net) | $205.5M | $273.0M | $205.3M | $352.2M | $297.3M | $28.7M | $79.4M | $0 | $0 | — |
| Dividend payout ratio | 34.8% | 26.7% | 22.7% | 8.4% | 3.4% | — | 28.2% | 15.1% | 0.0% | — |
| Dividends + buybacks / free cash flow | 77.9% | 85.4% | 68.1% | 51.4% | 56.4% | 48.7% | 44.0% | 5.6% | 0.0% | — |
| Capex / revenue | 35.8% | 37.0% | 34.6% | 27.5% | 21.9% | 41.1% | 46.2% | 32.6% | 61.4% | 23.4% |
| Capex / operating cash flow | 53.4% | 52.9% | 49.6% | 35.9% | 30.0% | 71.7% | 67.2% | 57.4% | 96.1% | 85.2% |
| Capex / depreciation | 1.07 | 1.17 | 1.31 | 1.91 | 1.20 | 0.75 | 0.81 | 1.05 | 1.91 | 0.78 |
| Stock-based compensation / revenue | 2.1% | 1.4% | 1.3% | 0.8% | 1.1% | 1.9% | 1.2% | 0.4% | 2.1% | 6.1% |
| R&D / revenue | — | — | — | — | — | — | — | 1.2% | — | — |
| SG&A / revenue | 7.4% | 6.7% | 6.7% | 4.3% | 7.0% | 12.7% | 7.4% | 9.4% | 0.2% | 11.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 44.9 | 46.8 | 53.6 | 34.5 | 39.1 | 63.2 | 47.7 | 44.7 | 103.4 | — |
| Days of inventory on hand | — | — | — | -133.1 | -125.8 | -82.9 | -27.0 | -171.5 | -265.1 | — |
| Days payables outstanding | 93.6 | 107.5 | 137.8 | 137.4 | 103.6 | 62.8 | 79.7 | 455.8 | 173.0 | — |
| Cash conversion cycle (days) | -48.7 | -60.7 | -84.2 | -236.0 | -190.3 | -82.6 | -59.0 | -582.6 | -334.8 | — |
| Receivables turnover | 8.13 | 7.80 | 6.81 | 10.57 | 9.32 | 5.78 | 7.66 | 8.17 | 3.53 | — |
| Payables turnover | 3.90 | 3.39 | 2.65 | 2.66 | 3.52 | 5.81 | 4.58 | 0.80 | 2.11 | — |
| Asset turnover | 0.46 | 0.47 | 0.46 | 0.78 | 0.67 | 0.22 | 0.27 | 0.41 | 0.34 | 0.17 |
| Average receivables | $161.3M | $168.8M | $180.2M | $160.3M | $115.7M | $93.7M | $123.0M | $127.2M | $114.2M | — |
| Average payables | $179.3M | $187.1M | $198.0M | $165.4M | $95.3M | $71.0M | $137.9M | $135.4M | $74.5M | — |
| Average inventory | — | — | — | −$160.3M | −$115.7M | −$93.7M | −$46.8M | −$51.0M | −$114.2M | — |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.6% | 0.7% | 1.1% | 0.0% | 0.0% |
Computed from MGY's annual financial statements (latest annual report filed February 12, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
MGY valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Magnolia Oil & Gas traded at 12.5 times earnings, against a 10-year median of 12.2. Based on the latest twelve months, the trailing P/E is 11.1 and the forward P/E is 9.2. Magnolia Oil & Gas earned a return on equity of 16.9% and a return on invested capital of 17.1% in fiscal 2025. It ended the year with $419.6 million of debt and $266.8 million in cash and short-term investments, net debt of $152.8 million. It returned $318.6 million to shareholders: $113.1 million in dividends and $205.5 million in share buybacks, 78% of free cash flow. The share count rose 147.5% from 75.0M to 185.6M over 9 years.
See the MGY income statement, the MGY chart for price history, or the MGY stock overview for the latest quote and news.
MGY key metrics FAQ
What is Magnolia Oil & Gas's P/E ratio?
Magnolia Oil & Gas's trailing P/E ratio is 11.1 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 9.2. At the end of fiscal 2025 it was 12.5, compared with a 10-year median of 12.2.
What is Magnolia Oil & Gas's EV/EBITDA?
Magnolia Oil & Gas's enterprise value was 4.8 times EBITDA at the end of fiscal 2025 (enterprise value $4.2 billion, EBITDA $876.8 million); the current EV/EBITDA is 6.6.
What is Magnolia Oil & Gas's return on equity?
Magnolia Oil & Gas's return on equity (ROE) was 16.9% in fiscal 2025: net income of $325.3 million on average shareholders' equity of $1.9 billion.
What is Magnolia Oil & Gas's ROIC?
Magnolia Oil & Gas's return on invested capital was 17.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Magnolia Oil & Gas have?
Magnolia Oil & Gas had total debt of $419.6 million at the end of fiscal 2025, a debt-to-equity ratio of 0.22 and $152.8 million of net debt (0.17 times EBITDA).
What is Magnolia Oil & Gas's dividend yield?
Magnolia Oil & Gas's forward dividend yield is 2.55%. Magnolia Oil & Gas paid $113.1 million in dividends in fiscal 2025 ($0.61 per share), a payout ratio of 34.8%.
Does Magnolia Oil & Gas buy back its shares?
Yes. Magnolia Oil & Gas spent $205.5 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.5% over the year, to 185.6M..
What is Magnolia Oil & Gas's free cash flow yield?
Magnolia Oil & Gas generated $409.2 million of free cash flow in fiscal 2025, a free cash flow yield of 10.1% on its market value at year-end ($4.1 billion).
What is Magnolia Oil & Gas's current ratio?
Magnolia Oil & Gas's current ratio was 1.54 at the end of fiscal 2025: current assets were 1.54 times current liabilities.