Matador Resources Company (MTDR)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,177,690 | 1,032,100 | 1,613,560 | 659,678 | -638,804 |
| Revenue | US$ in thousands | 3,504,980 | 2,806,780 | 3,058,020 | 1,662,980 | 862,126 |
| Pretax margin | 33.60% | 36.77% | 52.76% | 39.67% | -74.10% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,177,690K ÷ $3,504,980K
= 33.60%
The pretax margin of Matador Resources Company has shown variability over the last five years.
- In December 2020, the company reported a negative pretax margin of -74.10%, indicating that its expenses exceeded its revenues before taxes. This could be a concerning sign as it suggests financial inefficiency or significant operating challenges.
- However, there was a significant improvement in December 2021, with the pretax margin increasing to 39.67%, indicating that the company was able to generate a profit before accounting for taxes, which is a positive indicator of financial health.
- The trend continued to strengthen in December 2022, as the pretax margin rose to 52.76%, showing further improvement in the company's ability to generate profits.
- In December 2023, there was a slight decline in the pretax margin to 36.77%, although it remained relatively strong compared to the previous years.
- By December 2024, the pretax margin decreased to 33.60%, indicating a further slight decline in the company's profitability before taxes.
Overall, despite some fluctuations, Matador Resources Company has shown a positive trend in improving its pretax margin over the years, with strong performances in 2021 and 2022. It is important for the company to continue monitoring and managing its expenses and revenues to sustain or improve its profitability in the future.
Peer comparison
Dec 31, 2024