Return On Equity ratio Analysis of Magnolia Oil & Gas Corp - Deep Dive
Latest FY ROE
Period Ending - Dec-23
Very Good ROE
27.71
Period Ending - Dec-22
Excellent ROE
60.35
Growth
-54.09 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Good ROE
19.46
Most recent Quarter ROE
Period Ending - Mar-24
Good ROE
4.12
ROE Analysis of Magnolia Oil & Gas Corp
ROE Ratio of Magnolia Oil & Gas Corp with value of 19.46 means its generates profits efficiently by using its Shareholders Fund. |
ROE Ratio of MGY drastically fell by -54.09 % this year. |
ROE Ratio with value of 60.35 was highest in Year Dec-22 in last Five Years. |
ROE Ratio with value of -220.44 was lowest in Year Dec-20 in last Five Years. |
Latest ROE Ratio with value of 27.71 is Greater than Average ROE of -15.69 in last five years. |
Other ROE Related Info of MGY that may interest you.
Magnolia Oil & Gas Corp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
MGY | 24.17 | 23.84 | 1.38 % | Oil & Gas E&P |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..ROE Related Ratios
ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
No Significant Profitability |
FY - Historical Return On Equity of Magnolia Oil & Gas Corp
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROE | 27.71 | 60.35 | 51.09 | -220.44 | 2.83 | 15.37 | 28.42 |
Change | -54.09 % | 18.13 % | 123.18 % | -7899.82 % | -81.61 % | -45.93 % | 730.98 % |
FY Chart of Return On Equity of Magnolia Oil & Gas Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)