Matador Resources Company (MTDR)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	846,074	845,327	919,160	1,170,212	1,214,206	1,175,204	1,041,260	731,447	584,968	280,724	-198,968	-658,289	-593,205	-479,732	-159,715	230,453	87,777	200,471	174,312	197,366
Revenue (ttm)	US$ in thousands	2,806,785	2,678,128	2,746,762	3,052,609	3,058,025	2,916,908	2,548,331	1,961,828	1,662,981	1,320,858	1,051,893	757,386	862,126	926,566	1,002,582	1,181,366	983,670	984,869	912,645	882,308
Net profit margin		30.14%	31.56%	33.46%	38.33%	39.71%	40.29%	40.86%	37.28%	35.18%	21.25%	-18.92%	-86.92%	-68.81%	-51.78%	-15.93%	19.51%	8.92%	20.36%	19.10%	22.37%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $846,074K ÷ $2,806,785K
= 30.14%

The net profit margin of Matador Resources Co has shown some fluctuations over the past eight quarters. It ranged from a high of 41.79% in Q4 2022 to a low of 33.24% in Q4 2023.

The company's net profit margin has generally been above 30%, indicating a consistently healthy profitability level. However, there was a slight downward trend from Q4 2022 to Q4 2023. This could be a cause for further investigation into the company's cost structure and revenue generation.

Overall, Matador Resources Co has maintained relatively strong net profit margins, which suggests efficient cost management and a healthy bottom line.