Magnolia Oil & Gas Corp (MGY)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	366,027	378,874	381,120	377,053	388,302	521,595	665,042	824,133	893,837	812,328	686,215	520,077	417,282	294,798	184,581	81,864	-1,208,390	-1,228,018	-1,226,618	-1,189,840
Revenue (ttm)	US$ in thousands	1,315,886	1,311,905	1,294,448	1,238,014	1,226,979	1,253,393	1,420,678	1,625,036	1,694,493	1,677,604	1,479,683	1,247,084	1,078,352	902,231	738,256	569,045	541,303	620,995	744,727	904,846
Net profit margin		27.82%	28.88%	29.44%	30.46%	31.65%	41.61%	46.81%	50.71%	52.75%	48.42%	46.38%	41.70%	38.70%	32.67%	25.00%	14.39%	-223.24%	-197.75%	-164.71%	-131.50%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $366,027K ÷ $1,315,886K
= 27.82%

The net profit margin of Magnolia Oil & Gas Corp experienced a significant improvement over the years as per the given data. The company started with negative net profit margins in the range of -131.50% to -223.24% in the first four quarters, indicating losses exceeding the total revenue during those periods.

However, starting from March 31, 2021, the trend reversed, and the company achieved positive net profit margins, which continued to increase steadily. By the end of December 31, 2024, the net profit margin had reached 27.82%, marking a notable recovery and profitability for the company.

This improvement in net profit margin reflects the company's ability to control costs, increase operational efficiency, or enhance revenue generation. Investors and stakeholders would likely view this positive trend favorably, indicating a turnaround in the company's financial performance and sustainability.