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Taxonomy & unit
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ratio: %
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Description
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Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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Summary
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Magnolia Oil & Gas Corp quarterly/annual Return On Assets history and growth rate from Q1 2018 to Q2 2024.
- Magnolia Oil & Gas Corp Return On Assets for the quarter ending June 30, 2024 was 13.8 %, a 48.1% decline year-over-year.
- Magnolia Oil & Gas Corp annual Return On Assets for 2023 was 14.7 %, a 64% decline from 2022.
- Magnolia Oil & Gas Corp annual Return On Assets for 2022 was 40.8 %, a 53.8% increase from 2021.
- Magnolia Oil & Gas Corp annual Return On Assets for 2021 was 26.6 %.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)