Matador Resources Company (MTDR)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,434,698 | 1,440,240 | 1,388,194 | 1,276,842 | 1,209,322 | 1,215,411 | 1,358,675 | 1,701,396 | 1,759,270 | 1,712,691 | 1,459,603 | 1,009,720 | 793,076 | 409,375 | -41,952 | -622,368 | -521,499 | -397,870 | -90,627 | 421,472 |
| Total assets | US$ in thousands | 10,850,100 | 10,623,300 | 8,518,390 | 8,227,330 | 7,727,000 | 7,439,160 | 7,132,340 | 5,782,100 | 5,554,500 | 5,305,150 | 4,963,880 | 4,567,330 | 4,262,150 | 3,985,490 | 3,834,550 | 3,738,880 | 3,687,280 | 3,786,230 | 4,001,130 | 4,333,670 |
| Operating ROA | 13.22% | 13.56% | 16.30% | 15.52% | 15.65% | 16.34% | 19.05% | 29.43% | 31.67% | 32.28% | 29.40% | 22.11% | 18.61% | 10.27% | -1.09% | -16.65% | -14.14% | -10.51% | -2.27% | 9.73% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,434,698K ÷ $10,850,100K
= 13.22%
Matador Resources Company's operating return on assets (operating ROA) has exhibited significant fluctuations over the period from March 31, 2020, to December 31, 2024.
The trend in operating ROA shows that the company faced challenges in mid-2020 and early 2021, with negative operating ROA figures recorded during these periods. However, there was a notable turnaround in the company's performance starting from March 31, 2021.
From that point forward, Matador Resources Company demonstrated consistent improvement in its operating ROA, showing positive growth quarter over quarter. The operating ROA increased steadily, reaching a peak of 32.28% on September 30, 2022.
Although there was a slight decline in the following quarters, the operating ROA remained relatively healthy, reflecting a solid performance. Overall, the upward trend in the operating ROA from -2.27% in June 2020 to 13.22% in December 31, 2024, indicates an improvement in the company's operational efficiency and profitability during the period under review.
Peer comparison
Dec 31, 2024