MGY (Magnolia Oil & Gas) EBIT: $561 Mil (TTM As of Jun. 2026)

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MGY Magnolia Oil & Gas Corp MGY
93 GF Score
Price $26.03
GF Value $29.06
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Magnolia Oil & Gas EBIT?

Magnolia Oil & Gas MGY +3.77% 93 EBIT is $561 Mil as of Jun. 2026. GuruFocus rates MGY with a GF Score™ of 93/100 and a GF Value™ of $29.06 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Magnolia Oil & Gas's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was $239 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was $561 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Magnolia Oil & Gas's annualized ROC % for the quarter that ended in Jun. 2026 was 27.86%. Magnolia Oil & Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 36.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Magnolia Oil & Gas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 8.93%.


Magnolia Oil & Gas  (NYSE:MGY) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Magnolia Oil & Gas's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=970.804 * ( 1 - 21.78% )/( (2710.023 + 2740.899)/ 2 )
=759.3628888/2725.461
=27.86 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2944.478 - 205.322 - ( 124.372 - max(0, 290.53 - 319.663+124.372))
=2710.023

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3140.584 - 219.648 - ( 295.938 - max(0, 308.551 - 488.588+295.938))
=2740.899

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Magnolia Oil & Gas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=956.488/( ( (2586.479 + max(-109.172, 0)) + (2599.165 + max(-126.148, 0)) )/ 2 )
=956.488/( ( 2586.479 + 2599.165 )/ 2 )
=956.488/2592.822
=36.89 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(160.767 + 0 + 1.135) - (205.322 + 0 + 65.752)
=-109.172

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(159.465 + 0 + 3.443) - (219.648 + 0 + 69.408)
=-126.148

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Magnolia Oil & Gas's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=561.272/6284.301
=8.93 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Magnolia Oil & Gas EBIT Related Terms


Magnolia Oil & Gas EBIT Historical Data

* Premium members only.

The historical data trend for Magnolia Oil & Gas's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Magnolia Oil & Gas EBIT Chart

Magnolia Oil & Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 599.57 1,080.33 549.85 507.51 439.03

Magnolia Oil & Gas Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 107.57 100.80 93.62 127.73 239.12

MGY vs MUR, MTDR, CNX: EBIT Comparison

For the Oil & Gas E&P subindustry, Magnolia Oil & Gas's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Magnolia Oil & Gas EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Magnolia Oil & Gas's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Magnolia Oil & Gas's EV-to-EBIT falls into.


MGY
93GF Score
Magnolia Oil & Gas Corp MGY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Magnolia Oil & Gas EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $561 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $561 Mil mean?
Magnolia Oil & Gas (MGY) has a EBIT of $561 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Magnolia Oil & Gas.
Is Magnolia Oil & Gas' EBIT too high?
Magnolia Oil & Gas' current EBIT is $561 Mil. Overall, Magnolia Oil & Gas has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magnolia Oil & Gas' EBIT compare to MUR and MTDR?
Magnolia Oil & Gas' EBIT of $561 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Magnolia Oil & Gas. Magnolia Oil & Gas's current EBIT is $561 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnolia Oil & Gas stock overvalued right now?
Based on GuruFocus' analysis, Magnolia Oil & Gas (MGY) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.06, compared to a current price of $26.03 — trading 10.4% below its estimated fair value. The current EBIT is $561 Mil. Magnolia Oil & Gas' overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Magnolia Oil & Gas (MGY), the current EBIT is $561 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Magnolia Oil & Gas (MGY) Overvalued in 2026?

Based on GuruFocus' analysis, Magnolia Oil & Gas stock appears to be undervalued. The current stock price of $26.03 is trading 10.4% below its estimated GF Value™ of $29.06. GuruFocus considers Magnolia Oil & Gas to be Modestly Undervalued.

Key valuation signals for MGY:

  • EBIT: $561 Mil
  • GF Value™: $29.06 vs. price of $26.03 (10.4% below fair value)
  • GF Score™: 93/100 with 2 warning signs

No single metric tells the full story. See the MGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Magnolia Oil & Gas Business Description

Industry EnergyOil & Gas
Address Nine Greenway Plaza, Suite 1300, Houston, TX, USA, 77046
Magnolia Oil & Gas Corp is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids (NGL) reserves. The company's oil and natural gas properties are located in Karnes County and the Giddings area of South Texas, where it targets the Eagle Ford Shale and Austin Chalk formations. It focuses on generating value for shareholders by delivering steady, moderate annual production growth resulting from its capital spending philosophy. The company operates in only one segment and derives the majority of its revenue from the sale of crude oil, natural gas, and natural gas liquids (NGLs).
93GF Score

Get the complete analysis for MGY

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.03
Price
$29.06
GF Value