Matador Resources Company (MTDR)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 91.10% | 91.89% | 92.26% | 93.12% | 92.90% | 96.17% | 95.73% | 94.46% | 93.92% | 41.16% | 9.05% | -25.04% | -9.16% | 71.86% | 92.30% | 93.02% | 91.41% | 92.30% | 91.94% | 88.27% |
| Operating profit margin | 43.09% | 45.38% | 49.46% | 55.74% | 57.53% | 58.72% | 57.28% | 51.47% | 47.69% | 30.99% | -3.99% | -82.17% | -60.49% | -42.94% | -9.04% | 35.68% | 23.94% | 32.34% | 32.90% | 33.71% |
| Pretax margin | 36.77% | 39.39% | 44.71% | 51.03% | 52.76% | 53.72% | 51.50% | 44.44% | 39.67% | 21.20% | -15.83% | -97.84% | -74.10% | -55.36% | -20.54% | 25.98% | 12.54% | 22.15% | 19.55% | 21.38% |
| 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% |
Matador Resources Co has maintained a consistently high gross profit margin of 100% across all quarters, indicating efficient cost management and strong pricing power.
The operating profit margin has shown a slight decrease over the quarters, from 49.88% in Q4 2022 to 36.87% in Q4 2023, suggesting a potential decrease in operational efficiency or an increase in operating expenses relative to revenues.
Similarly, the pretax margin has fluctuated, with a downward trend from 58.01% in Q4 2022 to 43.07% in Q4 2023. This may indicate challenges in managing pre-tax expenses or changes in tax liabilities.
The net profit margin has also experienced variability, with a decrease from 41.79% in Q4 2022 to 33.24% in Q4 2023. This could be attributed to various factors such as changes in operating expenses, interest expenses, or taxes impacting net profit levels.
Overall, while Matador Resources Co maintains a strong gross profit margin, it may need to focus on optimizing operating expenses and managing pre-tax factors to sustain and improve profitability levels.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 5.79% | 8.09% | 8.00% | 8.30% |
| Return on assets (ROA) | 10.95% | 11.36% | 12.89% | 20.24% | 21.86% | 22.15% | 20.98% | 16.01% | 13.72% | 7.04% | -5.19% | -17.61% | -16.09% | -12.67% | -3.99% | 5.32% | 2.16% | 5.09% | 4.65% | 5.51% |
| Return on total capital | 18.86% | 24.79% | 29.64% | 43.59% | 47.00% | 49.61% | 46.93% | 36.65% | 30.70% | 16.44% | -4.36% | -32.68% | -27.28% | -13.59% | -3.83% | 10.47% | 6.30% | 8.67% | 7.43% | 7.75% |
| Return on equity (ROE) | 21.63% | 23.08% | 27.01% | 35.97% | 39.03% | 41.11% | 41.17% | 34.53% | 30.67% | 16.63% | -13.45% | -48.42% | -46.11% | -34.97% | -9.72% | 11.57% | 4.79% | 11.17% | 10.04% | 11.67% |
Matador Resources Co's profitability ratios exhibited a positive trend over the quarters analyzed. The Operating Return on Assets (Operating ROA) ranged from 12.15% to 28.84%, with a peak in Q3 2022. This indicates the company's ability to generate operating income relative to its total assets.
Return on Assets (ROA) also showed a similar pattern, fluctuating between 10.95% and 22.15% during the period. This metric signifies how efficiently the company is utilizing its assets to generate profit.
Return on Total Capital saw variations between 19.77% and 42.27%, indicating the return generated from all sources of capital employed by the company.
Return on Equity (ROE) ranged from 21.63% to 41.17%, indicating the return generated for shareholders' equity. This metric demonstrates the company's ability to generate profit from shareholder investments.
Overall, Matador Resources Co demonstrated consistent profitability across the quarters, showing strong returns in relation to its assets, capital, and equity.