Matador Resources Company (MTDR)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 885,322 | 925,328 | 940,776 | 876,673 | 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 |
| 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 |
| ROA | 8.16% | 8.71% | 11.04% | 10.66% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $885,322K ÷ $10,850,100K
= 8.16%
Matador Resources Company's return on assets (ROA) has exhibited fluctuations over the analyzed period. ROA provides insight into how efficiently the company is generating profits from its assets.
From March 31, 2020, to December 31, 2020, Matador Resources saw a declining trend in ROA, reaching negative values by the end of the period. The negative ROA indicates that the company's assets were not effectively utilized to generate earnings during this period.
However, from March 31, 2021, the trend reversed, with ROA gradually increasing, turning positive by September 30, 2021. This improvement continued throughout 2022 and 2023, reaching its peak at 22.15% on September 30, 2022.
Subsequently, there was a slight decline in ROA from December 31, 2022, to June 30, 2024, albeit remaining above 8% during this period. This suggests that Matador Resources continued to generate positive returns from its assets, albeit at a slightly lower rate compared to the peak in 2022.
Overall, the recent data as of December 31, 2024, indicates an ROA of 8.16%. This demonstrates that Matador Resources Company has been effective in utilizing its assets to generate profits, albeit at a slightly lower rate compared to the peak observed in 2022.
Peer comparison
Dec 31, 2024