Matador Resources Company (MTDR)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	3,191,680	2,556,850	2,840,860	1,561,880	110,162
Revenue	US$ in thousands	3,504,980	2,806,780	3,058,020	1,662,980	862,126
Gross profit margin		91.06%	91.10%	92.90%	93.92%	12.78%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $3,191,680K ÷ $3,504,980K
= 91.06%

Matador Resources Company's gross profit margin has shown a significant improvement over the years, reflecting the company's ability to efficiently manage its production costs and generate higher revenues.

In 2020, the gross profit margin was 12.78%, indicating a relatively low profitability level. However, there was a remarkable surge in profitability in 2021, with the gross profit margin reaching 93.92%. This substantial increase suggests a significant boost in revenue relative to the cost of goods sold.

The trend continued in the subsequent years, with the gross profit margin remaining consistently high at 92.90% in 2022, 91.10% in 2023, and 91.06% in 2024. These figures demonstrate Matador Resources Company's ability to maintain strong operational efficiency and profitability levels over time.

Overall, the impressive upward trajectory of the gross profit margin indicates that Matador Resources Company has been effectively managing its production costs and generating higher revenues, positioning itself as a financially robust entity in the industry.