Magnolia Oil & Gas Debt-to-Equity Ratio Growth & History (MGY)
Magnolia Oil & Gas's debt-to-equity ratio was 0.21 for fiscal 2025.
View full Magnolia Oil & Gas company overviewMagnolia Oil & Gas annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.21 | 0.00 | +0.62% |
| 2024 | 2024-12-31 | 0.21 | −0.01 | −4.12% |
| 2023 | 2023-12-31 | 0.22 | −0.01 | −5.17% |
| 2022 | 2022-12-31 | 0.23 | −0.15 | −39.64% |
| 2021 | 2021-12-31 | 0.38 | −0.09 | −19.96% |
| 2020 | 2020-12-31 | 0.47 | 0.33 | +228.98% |
| 2019 | 2019-12-31 | 0.14 | 0.00 | +0.58% |
| 2018 | 2018-12-31 | 0.14 | — | — |
Magnolia Oil & Gas quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.19 | −0.01 | −6.58% |
| Q1 2026 | 2026-03-31 | 0.20 | −0.00 | −1.94% |
| Q4 2025 | 2025-12-31 | 0.21 | 0.00 | +0.62% |
| Q3 2025 | 2025-09-30 | 0.21 | 0.00 | +1.86% |
| Q2 2025 | 2025-06-30 | 0.21 | 0.00 | +0.26% |
| Q1 2025 | 2025-03-31 | 0.21 | −0.00 | −0.24% |
| Q4 2024 | 2024-12-31 | 0.21 | −0.01 | −4.12% |
| Q3 2024 | 2024-09-30 | 0.20 | −0.01 | −5.16% |
| Q2 2024 | 2024-06-30 | 0.21 | −0.01 | −5.04% |
| Q1 2024 | 2024-03-31 | 0.21 | −0.01 | −6.29% |
| Q4 2023 | 2023-12-31 | 0.22 | −0.01 | −5.17% |
| Q3 2023 | 2023-09-30 | 0.21 | −0.05 | −19.94% |
| Q2 2023 | 2023-06-30 | 0.22 | −0.09 | −29.48% |
| Q1 2023 | 2023-03-31 | 0.22 | −0.14 | −38.95% |
| Q4 2022 | 2022-12-31 | 0.23 | −0.15 | −39.64% |
| Q3 2022 | 2022-09-30 | 0.27 | −0.16 | −38.03% |
| Q2 2022 | 2022-06-30 | 0.31 | −0.15 | −33.19% |
| Q1 2022 | 2022-03-31 | 0.36 | −0.10 | −21.86% |
| Q4 2021 | 2021-12-31 | 0.38 | −0.09 | −19.96% |
| Q3 2021 | 2021-09-30 | 0.43 | −0.05 | −11.05% |
| Q2 2021 | 2021-06-30 | 0.46 | −0.03 | −5.63% |
| Q1 2021 | 2021-03-31 | 0.46 | −0.01 | −1.46% |
| Q4 2020 | 2020-12-31 | 0.47 | 0.33 | +228.98% |
| Q3 2020 | 2020-09-30 | 0.48 | 0.34 | +239.73% |
| Q2 2020 | 2020-06-30 | 0.49 | 0.34 | +243.43% |
| Q1 2020 | 2020-03-31 | 0.47 | 0.33 | +227.05% |
| Q4 2019 | 2019-12-31 | 0.14 | 0.00 | +0.58% |
| Q3 2019 | 2019-09-30 | 0.14 | −0.01 | −3.64% |
| Q2 2019 | 2019-06-30 | 0.14 | — | — |
| Q1 2019 | 2019-03-31 | 0.14 | — | — |
| Q4 2018 | 2018-12-31 | 0.14 | — | — |
| Q3 2018 | 2018-09-30 | 0.15 | — | — |
Magnolia Oil & Gas debt-to-equity ratio trends
Over the last five fiscal years, Magnolia Oil & Gas's debt-to-equity ratio decreased from 0.47 to 0.21, a change of −0.27. The latest reported quarter, Q2 2026, shows 0.19.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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