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Taxonomy & unit
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ratio: %
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Description
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Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
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Summary
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Magnolia Oil & Gas Corp quarterly/annual Return On Equity history and growth rate from Q4 2019 to Q2 2024.
- Magnolia Oil & Gas Corp Return On Equity for the quarter ending June 30, 2024 was 20.2 %, a 48.4% decline year-over-year.
- Magnolia Oil & Gas Corp annual Return On Equity for 2023 was 21.3 %, a 67% decline from 2022.
- Magnolia Oil & Gas Corp annual Return On Equity for 2022 was 64.4 %, a 40.4% increase from 2021.
- Magnolia Oil & Gas Corp annual Return On Equity for 2021 was 45.9 %.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)