Matador Resources Company (MTDR)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 846,074 | 1,214,210 | 584,968 | -593,205 | 87,777 |
| Revenue | US$ in thousands | 2,806,780 | 3,058,020 | 1,662,980 | 862,126 | 983,670 |
| Net profit margin | 30.14% | 39.71% | 35.18% | -68.81% | 8.92% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $846,074K ÷ $2,806,780K
= 30.14%
The net profit margin of Matador Resources Co has displayed variation over the past five years. In 2023, the net profit margin was 33.24%, showing a decrease from 41.79% in 2022 and 34.40% in 2021. A significant decline was observed in 2020, where the net profit margin was -79.68%, indicating a net loss for that year. Prior to this, in 2019, the company had a net profit margin of 9.84%.
The fluctuation in net profit margin suggests volatility in the company's profitability over the years. The negative net profit margin in 2020 may signal financial challenges faced by the company during that period, while the recovery in subsequent years indicates improvement in profitability. Further analysis of the company's financial performance and factors influencing the net profit margin trend would be necessary to understand the underlying reasons for these fluctuations.
Peer comparison
Dec 31, 2023