The invention discloses a method for extracting volatile oil and 
magnolol from mangnolia 
officinalis leaves. First, mangnolia 
officinalis leaf 
powder is placed in a distilling tank for 
steam distillation, the mangnolia 
officinalis volatile oil is extracted, then the 
magnolol is extracted by the following steps that 1. water and 
solid residues in the distilling tank are stirred, slaked 
lime is added, pH is adjusted to 9-10, stirring is carried out continuously for 30-40 min, and filtering is carried out; 2. filter residues are subjected to normal-temperature 
digestion by two times with 
lime water with pH of 9-10, the extracting liquid is combined, concentrated 
hydrochloric acid is used for adjusting pH of the extracting liquid to be 3-4, standing and 
settling are carried out, water is used for washing until neutral is achieved, constant temperature 
drying is carried out under the temperature of 45 DEG C, and crude extract is obtained; and 3. the crude extract and 
silica gel with four-time amount are mixed, 
petroleum ether is used for 
reflux extraction, extracting liquid is concentrated, cooling is carried out, after complete 
precipitation crystallization, filtering is carried out, and then an 
ethyl acetate and 
petroleum ether mixed solution is used for recrystallization. Comprehensive extracting of two effective components in the mangnolia officinalis leaves is achieved, the process is simple, cost is low, the extracting rate is high, and environment-protecting industrialized production can be achieved.