Mach Natural Resources (MNR) Financials

$14.48 -0.02 (-0.14%)

Closing price 05/21/2025 03:59 PM Eastern

Extended Trading

$13.95 -0.53 (-3.65%)

As of 08:03 AM Eastern

Annual Income Statements for Mach Natural Resources

This table shows Mach Natural Resources' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Income / (Loss) Attributable to Common Shareholders	185	347	517	138
Consolidated Net Income / (Loss)	185	347	517	138
Net Income / (Loss) Continuing Operations	185	347	517	138
Total Pre-Tax Income	185	347	517	138
Total Operating Income	291	359	522	155
Total Gross Profit	648	556	684	324
Total Revenue	970	762	937	392
Total Cost of Revenue	321	206	253	69
Operating Cost of Revenue	321	206	253	69
Total Operating Expenses	357	197	162	168
Selling, General & Admin Expense	41	28	25	61
Marketing Expense	46	32	48	21
Depreciation Expense	9.02	6.47	4.52	3.15
Depletion Expense	262	131	84	38
Total Other Income / (Expense), net	-106	-13	-5.54	-17
Interest Expense	105	11	4.85	1.66
Other Income / (Expense), net	-1.22	-1.39	-0.69	-15
Basic Earnings per Share	$1.90	$0.72	$0.00	$0.00
Weighted Average Basic Shares Outstanding	97.59M	94.91M	0.00	0.00
Diluted Earnings per Share	$1.90	$0.72	$0.00	$0.00
Weighted Average Diluted Shares Outstanding	97.70M	94.91M	0.00	0.00
Weighted Average Basic & Diluted Shares Outstanding	118.33M	95M	-	-

This table shows Mach Natural Resources' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023
Net Income / (Loss) Attributable to Common Shareholders	16	37	67	40	42	94	83	78	92
Consolidated Net Income / (Loss)	16	37	67	40	42	94	83	78	92
Net Income / (Loss) Continuing Operations	16	37	67	40	42	94	83	78	92
Total Pre-Tax Income	16	37	67	40	42	94	83	78	92
Total Operating Income	52	59	95	70	67	102	84	80	93
Total Gross Profit	139	150	179	161	158	167	130	122	138
Total Revenue	227	235	256	240	239	228	175	167	192
Total Cost of Revenue	88	85	76	79	81	61	46	45	55
Operating Cost of Revenue	88	85	76	79	81	61	46	45	55
Total Operating Expenses	87	91	85	91	91	65	46	42	44
Selling, General & Admin Expense	11	9.71	9.39	11	10	12	5.36	5.26	4.64
Marketing Expense	13	12	9.78	11	13	8.70	7.66	6.85	8.67
Depreciation Expense	2.40	2.36	2.32	2.24	2.10	1.92	1.76	1.44	1.36
Depletion Expense	61	67	63	66	65	42	31	29	30
Total Other Income / (Expense), net	-36	-22	-27	-31	-26	-8.29	-0.26	-2.33	-1.70
Interest Expense	36	24	27	27	26	5.36	2.05	1.98	1.81
Other Income / (Expense), net	0.65	2.48	-0.52	-3.92	0.74	-2.94	1.80	-0.36	0.11
Basic Earnings per Share	$0.14	$0.34	$0.70	$0.42	$0.44	$0.72	$0.00	$0.00	$0.00
Weighted Average Basic Shares Outstanding	112.13M	97.59M	96.86M	95.01M	95M	94.91M	0.00	0.00	0.00
Diluted Earnings per Share	$0.14	$0.34	$0.70	$0.42	$0.44	$0.72	$0.00	$0.00	$0.00
Weighted Average Diluted Shares Outstanding	112.20M	97.70M	97.03M	95.19M	95.01M	94.91M	0.00	0.00	0.00
Weighted Average Basic & Diluted Shares Outstanding	118.34M	118.33M	103.49M	95.04M	95M	95M	-	-	-

This table details how cash moves in and out of Mach Natural Resources' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Change in Cash & Equivalents	-47	123	-30	-0.87
Net Cash From Operating Activities	505	492	554	198
Net Cash From Continuing Operating Activities	505	492	554	198
Net Income / (Loss) Continuing Operations	185	347	517	138
Consolidated Net Income / (Loss)	185	347	517	138
Depreciation Expense	271	138	89	41
Amortization Expense	7.39	1.95	0.38	0.31
Non-Cash Adjustments To Reconcile Net Income	83	-29	-20	94
Changes in Operating Assets and Liabilities, net	-41	35	-32	-75
Net Cash From Investing Activities	-306	-1,027	-373	-195
Net Cash From Continuing Investing Activities	-306	-1,027	-373	-195
Purchase of Property, Plant & Equipment	-137	-767	-143	-158
Acquisitions	-209	-302	-234	-38
Sale of Property, Plant & Equipment	0.94	0.04	0.23	0.09
Divestitures	39	42	4.00	0.60
Net Cash From Financing Activities	-246	659	-211	-4.58
Net Cash From Continuing Financing Activities	-246	659	-211	-4.58
Repayment of Debt	-63	-241	-0.90	-31
Payment of Dividends	-310	-101	-275	-146
Issuance of Debt	0.00	879	0.00	73
Issuance of Common Equity	129	188	65	101
Other Financing Activities, net	-1.62	-66	0.00	-1.90

This table details how cash moves in and out of Mach Natural Resources' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Net Change in Cash & Equivalents	-98	-79	40	-6.68	-1.49	94	9.89	16	3.78	-
Net Cash From Operating Activities	143	134	111	117	144	110	107	128	147	-
Net Cash From Continuing Operating Activities	143	134	111	117	144	110	107	128	147	-
Net Income / (Loss) Continuing Operations	16	37	67	40	42	94	83	78	92	-
Consolidated Net Income / (Loss)	16	37	67	40	42	94	83	78	92	-
Depreciation Expense	64	70	66	68	67	44	33	30	31	-
Amortization Expense	1.42	1.87	2.03	2.23	1.27	1.72	0.03	0.08	0.12	-
Non-Cash Adjustments To Reconcile Net Income	62	62	-41	-8.50	71	-25	3.14	2.49	-9.78	-
Changes in Operating Assets and Liabilities, net	-0.81	-37	17	16	-37	-4.17	-13	18	34	-
Net Cash From Investing Activities	-78	-127	-94	-31	-55	-749	-90	-104	-84	-
Net Cash From Continuing Investing Activities	-78	-127	-94	-31	-55	-749	-90	-104	-84	-
Purchase of Property, Plant & Equipment	-30	-81	-48	-2.86	-5.43	-738	-24	-1.29	-4.13	-
Acquisitions	-50	-47	-46	-67	-50	-51	-69	-103	-80	-
Sale of Property, Plant & Equipment	0.05	0.38	0.07	0.36	0.14	-	-	-	0.04	-
Divestitures	2.63	0.13	-	39	0.45	39	3.31	-	0.00	-
Net Cash From Financing Activities	-162	-85	23	-93	-91	734	-6.85	-8.50	-59	-
Net Cash From Continuing Financing Activities	-162	-85	23	-93	-91	734	-6.85	-8.50	-59	-
Repayment of Debt	-858	-21	-21	-21	-0.48	-241	-	-	-0.40	-
Payment of Dividends	-59	-63	-86	-71	-90	-	-27	-16	-59	-
Issuance of Debt	533	-	-	-	-	872	-	-	-	-
Issuance of Common Equity	222	-0.96	-	-	-	168	-	-	-	-
Other Financing Activities, net	-0.07	-1.05	-	-	-	-66	-	-	-	-

This table presents Mach Natural Resources' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	2,338	2,305	888
Total Current Assets	322	344	187
Cash & Equivalents	106	153	29
Accounts Receivable	172	132	130
Inventories, net	24	31	25
Other Current Assets	20	27	2.46
Plant, Property, & Equipment, net	1,991	1,921	683
Plant, Property & Equipment, gross	2,535	2,203	832
Accumulated Depreciation	544	282	149
Total Noncurrent Assets	25	40	18
Other Noncurrent Operating Assets	25	40	18
Total Liabilities & Shareholders' Equity	2,338	2,305	888
Total Liabilities	1,139	1,113	888
Total Current Liabilities	352	275	153
Short-Term Debt	83	62	0.00
Accounts Payable	54	47	20
Accrued Expenses	54	45	60
Current Deferred Revenue	150	110	52
Other Current Liabilities	12	11	21
Total Noncurrent Liabilities	787	838	735
Long-Term Debt	669	745	85
Asset Retirement Reserve & Litigation Obligation	102	85	52
Other Noncurrent Operating Liabilities	16	7.65	598
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,199	1,192	0.00
Total Preferred & Common Equity	1,199	1,192	0.00
Total Common Equity	1,199	1,192	0.00
Common Stock	1,199	1,192	0.00

This table presents Mach Natural Resources' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024
Total Assets	2,242	2,326	2,235	2,316
Total Current Assets	196	380	335	354
Cash & Equivalents	7.79	185	145	151
Accounts Receivable	157	133	146	157
Inventories, net	25	26	27	31
Other Current Assets	6.13	36	16	14
Plant, Property, & Equipment, net	2,005	1,912	1,878	1,937
Plant, Property & Equipment, gross	2,611	2,389	2,291	2,284
Accumulated Depreciation	606	477	413	347
Total Noncurrent Assets	41	33	22	25
Other Noncurrent Operating Assets	41	33	22	25
Total Liabilities & Shareholders' Equity	2,242	2,326	2,235	2,316
Total Liabilities	864	1,101	1,122	1,173
Total Current Liabilities	282	306	320	353
Short-Term Debt	0.00	83	83	83
Accounts Payable	46	44	39	63
Accrued Expenses	52	50	53	46
Current Deferred Revenue	147	121	132	144
Other Current Liabilities	37	8.53	13	18
Total Noncurrent Liabilities	582	795	802	820
Long-Term Debt	460	688	707	726
Asset Retirement Reserve & Litigation Obligation	104	99	89	87
Other Noncurrent Operating Liabilities	18	8.24	6.59	6.90
Commitments & Contingencies	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,378	1,225	1,113	1,144
Total Preferred & Common Equity	1,378	1,225	1,113	1,144
Total Common Equity	1,378	1,225	1,113	1,144
Common Stock	1,378	1,225	1,113	1,144

This table displays calculated financial ratios and metrics derived from Mach Natural Resources' official financial filings.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Growth Metrics	-	-	-	-
Revenue Growth	27.20%	-18.68%	138.83%	0.00%
EBITDA Growth	14.24%	-18.56%	237.33%	0.00%
EBIT Growth	-19.00%	-31.42%	272.56%	0.00%
NOPAT Growth	-18.98%	-31.25%	236.14%	0.00%
Net Income Growth	-46.57%	-32.95%	273.51%	0.00%
EPS Growth	163.89%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	2.76%	-11.16%	178.92%	0.00%
Free Cash Flow Firm Growth	120.43%	-406.56%	0.00%	0.00%
Invested Capital Growth	-0.08%	3,227.05%	0.00%	0.00%
Revenue Q/Q Growth	0.74%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	-2.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	-11.57%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	-12.96%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	-23.55%	0.00%	0.00%	0.00%
EPS Q/Q Growth	-16.67%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	4.96%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	1.89%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-
Gross Margin	66.88%	72.98%	72.99%	82.44%
EBITDA Margin	58.59%	65.24%	65.14%	46.12%
Operating Margin	30.01%	47.11%	55.73%	39.59%
EBIT Margin	29.89%	46.93%	55.65%	35.68%
Profit (Net Income) Margin	19.10%	45.46%	55.13%	35.25%
Tax Burden Percent	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	63.90%	96.87%	99.07%	98.82%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	15.77%	37.78%	1,883.04%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.51%	34.23%	1,863.06%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-0.28%	20.38%	0.00%	0.00%
Return on Equity (ROE)	15.49%	58.16%	0.00%	0.00%
Cash Return on Invested Capital (CROIC)	15.85%	-150.55%	1,683.04%	0.00%
Operating Return on Assets (OROA)	12.48%	22.41%	58.76%	0.00%
Return on Assets (ROA)	7.98%	21.71%	58.21%	0.00%
Return on Common Equity (ROCE)	15.49%	58.16%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	15.44%	29.08%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	291	359	522	155
NOPAT Margin	30.01%	47.11%	55.73%	39.59%
Net Nonoperating Expense Percent (NNEP)	16.28%	3.55%	19.98%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	14.92%	17.97%	615.29%	-
Cost of Revenue to Revenue	33.12%	27.02%	27.01%	17.56%
SG&A Expenses to Revenue	4.21%	3.63%	2.72%	15.52%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	36.87%	25.86%	17.27%	42.85%
Earnings before Interest and Taxes (EBIT)	290	358	522	140
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	568	497	611	181
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	1.36	1.02	0.00	0.00
Price to Tangible Book Value (P/TBV)	1.36	1.02	0.00	0.00
Price to Revenue (P/Rev)	1.68	1.60	0.20	0.48
Price to Earnings (P/E)	8.78	3.51	0.37	1.37
Dividend Yield	24.95%	0.00%	0.00%	0.00%
Earnings Yield	11.39%	28.48%	272.02%	72.83%
Enterprise Value to Invested Capital (EV/IC)	1.23	1.01	4.42	0.00
Enterprise Value to Revenue (EV/Rev)	2.34	2.45	0.26	0.00
Enterprise Value to EBITDA (EV/EBITDA)	4.00	3.76	0.40	0.00
Enterprise Value to EBIT (EV/EBIT)	7.84	5.23	0.47	0.00
Enterprise Value to NOPAT (EV/NOPAT)	7.80	5.21	0.47	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	4.49	3.81	0.44	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	7.77	0.00	0.53	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	0.63	0.68	0.00	0.00
Long-Term Debt to Equity	0.56	0.63	0.00	0.00
Financial Leverage	0.54	0.60	0.00	0.00
Leverage Ratio	1.94	2.68	0.00	0.00
Compound Leverage Factor	1.24	2.59	0.00	0.00
Debt to Total Capital	38.52%	40.38%	100.00%	0.00%
Short-Term Debt to Total Capital	4.23%	3.10%	0.00%	0.00%
Long-Term Debt to Total Capital	34.29%	37.28%	100.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	61.48%	59.62%	0.00%	0.00%
Debt to EBITDA	1.32	1.62	0.14	0.00
Net Debt to EBITDA	1.14	1.32	0.09	0.00
Long-Term Debt to EBITDA	1.18	1.50	0.14	0.00
Debt to NOPAT	2.58	2.25	0.16	0.00
Net Debt to NOPAT	2.22	1.82	0.11	0.00
Long-Term Debt to NOPAT	2.30	2.07	0.16	0.00
Altman Z-Score	1.66	1.54	3.17	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	0.91	1.25	1.22	0.00
Quick Ratio	0.79	1.04	1.04	0.00
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	292	-1,431	467	0.00
Operating Cash Flow to CapEx	371.34%	64.09%	386.90%	125.97%
Free Cash Flow to Firm to Interest Expense	2.80	-127.79	96.23	0.00
Operating Cash Flow to Interest Expense	4.83	43.90	114.09	119.84
Operating Cash Flow Less CapEx to Interest Expense	3.53	-24.60	84.60	24.70
Efficiency Ratios	-	-	-	-
Asset Turnover	0.42	0.48	1.06	0.00
Accounts Receivable Turnover	6.38	5.81	7.21	0.00
Inventory Turnover	11.54	7.35	10.25	0.00
Fixed Asset Turnover	0.50	0.59	1.37	0.00
Accounts Payable Turnover	6.30	6.12	12.76	0.00
Days Sales Outstanding (DSO)	57.17	62.79	50.65	0.00
Days Inventory Outstanding (DIO)	31.64	49.68	35.61	0.00
Days Payable Outstanding (DPO)	57.89	59.61	28.61	0.00
Cash Conversion Cycle (CCC)	30.92	52.86	57.65	0.00
Capital & Investment Metrics	-	-	-	-
Invested Capital	1,845	1,846	55	0.00
Invested Capital Turnover	0.53	0.80	33.79	0.00
Increase / (Decrease) in Invested Capital	-1.40	1,790	55	0.00
Enterprise Value (EV)	2,271	1,871	245	0.00
Market Capitalization	1,625	1,217	190	190
Book Value per Share	$11.59	$12.56	$0.00	$0.00
Tangible Book Value per Share	$11.59	$12.56	$0.00	$0.00
Total Capital	1,950	1,999	85	0.00
Total Debt	751	807	85	0.00
Total Long-Term Debt	669	745	85	0.00
Net Debt	646	654	55	0.00
Capital Expenditures (CapEx)	136	767	143	158
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-54	-22	4.18	0.00
Debt-free Net Working Capital (DFNWC)	52	131	34	0.00
Net Working Capital (NWC)	-30	69	34	0.00
Net Nonoperating Expense (NNE)	106	13	5.54	17
Net Nonoperating Obligations (NNO)	646	654	55	0.00
Total Depreciation and Amortization (D&A)	278	140	89	41
Debt-free, Cash-free Net Working Capital to Revenue	-5.53%	-2.92%	0.45%	0.00%
Debt-free Net Working Capital to Revenue	5.38%	17.13%	3.58%	0.00%
Net Working Capital to Revenue	-3.13%	9.01%	3.58%	0.00%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$1.90	$0.72	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	97.59M	94.91M	0.00	0.00
Adjusted Diluted Earnings per Share	$1.90	$0.72	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	97.70M	94.91M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	118.33M	95M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	204	251	366	109
Normalized NOPAT Margin	21.01%	32.98%	39.01%	27.72%
Pre Tax Income Margin	19.10%	45.46%	55.13%	35.25%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	2.77	31.94	107.52	84.56
NOPAT to Interest Expense	2.78	32.06	107.66	93.84
EBIT Less CapEx to Interest Expense	1.47	-36.56	78.03	-10.58
NOPAT Less CapEx to Interest Expense	1.48	-36.43	78.18	-1.30
Payout Ratios	-	-	-	-
Dividend Payout Ratio	167.31%	29.24%	53.18%	105.51%
Augmented Payout Ratio	167.31%	29.24%	53.18%	105.51%

This table displays calculated financial ratios and metrics derived from Mach Natural Resources' official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	-5.18%	3.12%	45.70%	43.78%	24.45%	0.00%	0.00%	0.00%	0.00%
EBITDA Growth	-14.19%	-8.04%	36.44%	24.60%	9.77%	0.00%	0.00%	0.00%	0.00%
EBIT Growth	-23.04%	-38.33%	10.14%	-16.57%	-27.29%	0.00%	0.00%	0.00%	0.00%
NOPAT Growth	-23.16%	-42.54%	13.12%	-12.05%	-28.00%	0.00%	0.00%	0.00%	0.00%
Net Income Growth	-61.91%	-60.97%	-19.21%	-49.21%	-54.52%	0.00%	0.00%	0.00%	0.00%
EPS Growth	-68.18%	-52.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	-1.00%	21.76%	3.77%	-8.72%	-2.17%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Growth	101.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Growth	1.67%	-0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Revenue Q/Q Growth	-3.48%	-8.06%	6.48%	0.35%	0.00%	29.90%	5.07%	-13.14%	0.00%
EBITDA Q/Q Growth	-11.61%	-17.97%	18.25%	0.09%	0.00%	21.70%	7.99%	-11.82%	0.00%
EBIT Q/Q Growth	-14.24%	-35.24%	41.55%	-2.10%	0.00%	15.65%	7.21%	-14.68%	0.00%
NOPAT Q/Q Growth	-11.72%	-38.22%	34.41%	4.82%	0.00%	21.64%	4.50%	-14.19%	0.00%
Net Income Q/Q Growth	-56.50%	-45.86%	70.68%	-5.24%	0.00%	12.08%	7.29%	-15.14%	0.00%
EPS Q/Q Growth	-58.82%	-51.43%	66.67%	-4.55%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	6.63%	20.58%	-5.12%	-18.84%	0.00%	2.76%	-16.54%	-13.02%	0.00%
Free Cash Flow Firm Q/Q Growth	-64.05%	103.49%	-1.67%	2.64%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-0.76%	1.89%	2.98%	-2.36%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	61.25%	63.82%	70.24%	67.20%	65.98%	73.14%	74.01%	73.22%	71.62%
EBITDA Margin	51.74%	56.50%	63.33%	57.02%	57.17%	63.36%	67.62%	65.80%	64.81%
Operating Margin	22.79%	24.91%	37.07%	29.37%	28.12%	44.71%	47.75%	48.01%	48.60%
EBIT Margin	23.07%	25.97%	36.87%	27.73%	28.43%	43.42%	48.77%	47.80%	48.66%
Profit (Net Income) Margin	7.01%	15.54%	26.39%	16.47%	17.44%	41.07%	47.60%	46.61%	47.71%
Tax Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	30.36%	59.85%	71.58%	59.37%	61.34%	94.58%	97.60%	97.52%	98.06%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	12.01%	13.09%	39.42%	29.48%	25.28%	18.46%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	5.56%	9.70%	30.10%	19.88%	17.50%	17.20%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	2.44%	5.28%	14.40%	11.51%	10.05%	9.44%	0.00%	0.00%	0.00%
Return on Equity (ROE)	14.46%	18.37%	53.82%	41.00%	35.33%	27.90%	0.00%	0.00%	0.00%
Cash Return on Invested Capital (CROIC)	13.51%	15.85%	0.00%	0.00%	0.00%	-77.54%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	9.69%	10.85%	30.51%	10.95%	9.93%	20.74%	0.00%	0.00%	0.00%
Return on Assets (ROA)	2.94%	6.49%	21.84%	6.50%	6.09%	19.61%	0.00%	0.00%	0.00%
Return on Common Equity (ROCE)	14.46%	18.37%	53.82%	41.00%	35.33%	27.90%	0.00%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	11.56%	0.00%	19.78%	23.20%	25.93%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	52	59	95	70	67	102	84	80	93
NOPAT Margin	22.79%	24.91%	37.07%	29.37%	28.12%	44.71%	47.75%	48.01%	48.60%
Net Nonoperating Expense Percent (NNEP)	6.45%	3.39%	9.32%	9.61%	7.78%	1.27%	0.00%	0.00%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	2.81%	3.00%	-	-	-	5.10%	-	-	-
Cost of Revenue to Revenue	38.75%	36.18%	29.76%	32.81%	34.02%	26.86%	25.99%	26.78%	28.38%
SG&A Expenses to Revenue	4.79%	4.13%	3.67%	4.76%	4.32%	5.44%	3.06%	3.15%	2.42%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	38.46%	38.90%	33.16%	37.83%	37.86%	28.43%	26.26%	25.21%	23.02%
Earnings before Interest and Taxes (EBIT)	52	61	94	67	68	99	86	80	94
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	117	133	162	137	137	144	119	110	125
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.27	1.36	1.27	1.63	1.60	1.02	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	1.27	1.36	1.27	1.63	1.60	1.02	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.82	1.68	1.61	2.05	2.27	1.60	0.00	0.00	0.00
Price to Earnings (P/E)	10.95	8.78	6.41	7.01	6.18	3.51	0.00	0.00	0.00
Dividend Yield	17.68%	24.95%	22.19%	8.94%	4.92%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	9.13%	11.39%	15.60%	14.27%	16.17%	28.48%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.20	1.23	1.18	1.40	1.38	1.01	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	2.30	2.34	2.22	2.78	3.08	2.45	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	4.00	4.00	3.69	4.58	4.89	3.76	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	8.01	7.84	6.52	7.70	7.50	5.23	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	7.98	7.80	6.40	7.59	7.48	5.21	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	4.36	4.49	4.44	5.14	5.10	3.81	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	8.96	7.77	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.33	0.63	0.63	0.71	0.71	0.68	0.00	0.00	0.00
Long-Term Debt to Equity	0.33	0.56	0.56	0.64	0.63	0.63	0.00	0.00	0.00
Financial Leverage	0.44	0.54	0.48	0.58	0.57	0.55	0.00	0.00	0.00
Leverage Ratio	1.81	1.94	1.90	2.01	2.03	2.68	0.00	0.00	0.00
Compound Leverage Factor	0.55	1.16	1.36	1.19	1.24	2.53	0.00	0.00	0.00
Debt to Total Capital	25.02%	38.52%	38.61%	41.49%	41.40%	40.38%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	4.23%	4.14%	4.34%	4.23%	3.10%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	25.02%	34.29%	34.47%	37.16%	37.17%	37.28%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	74.98%	61.48%	61.39%	58.51%	58.60%	59.62%	0.00%	0.00%	0.00%
Debt to EBITDA	0.84	1.32	1.33	1.47	1.59	1.62	0.00	0.00	0.00
Net Debt to EBITDA	0.82	1.14	1.01	1.20	1.29	1.32	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.84	1.18	1.19	1.32	1.42	1.50	0.00	0.00	0.00
Debt to NOPAT	1.67	2.58	2.30	2.44	2.43	2.25	0.00	0.00	0.00
Net Debt to NOPAT	1.64	2.22	1.75	1.99	1.97	1.82	0.00	0.00	0.00
Long-Term Debt to NOPAT	1.67	2.30	2.06	2.19	2.18	2.07	0.00	0.00	0.00
Altman Z-Score	1.67	1.34	1.43	1.47	1.38	1.16	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	0.69	0.91	1.24	1.05	1.00	1.25	0.00	0.00	0.00
Quick Ratio	0.58	0.79	1.04	0.91	0.87	1.04	0.00	0.00	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	22	60	-1,716	-1,687	-1,733	0.00	0.00	0.00	0.00
Operating Cash Flow to CapEx	470.03%	166.55%	230.82%	4,660.19%	2,722.26%	14.88%	440.05%	9,906.81%	3,595.14%
Free Cash Flow to Firm to Interest Expense	0.59	2.45	-64.08	-62.39	-65.94	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	3.91	5.46	4.14	4.32	5.48	20.49	52.01	64.81	81.12
Operating Cash Flow Less CapEx to Interest Expense	3.08	2.18	2.35	4.23	5.28	-117.17	40.19	64.15	78.86
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.42	0.42	0.83	0.39	0.35	0.48	0.00	0.00	0.00
Accounts Receivable Turnover	6.10	6.38	0.00	6.02	5.15	5.81	0.00	0.00	0.00
Inventory Turnover	11.60	11.54	0.00	5.06	3.35	7.35	0.00	0.00	0.00
Fixed Asset Turnover	0.49	0.50	0.00	0.47	0.42	0.59	0.00	0.00	0.00
Accounts Payable Turnover	6.01	6.30	0.00	3.61	1.66	6.12	0.00	0.00	0.00
Days Sales Outstanding (DSO)	59.85	57.17	0.00	60.58	70.92	62.79	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	31.47	31.64	0.00	72.07	108.95	49.68	0.00	0.00	0.00
Days Payable Outstanding (DPO)	60.78	57.89	0.00	101.22	220.01	59.61	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	30.54	30.92	0.00	31.44	-40.14	52.86	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	1,831	1,845	1,810	1,758	1,800	1,846	0.00	0.00	0.00
Invested Capital Turnover	0.53	0.53	1.06	1.00	0.90	0.41	0.00	0.00	0.00
Increase / (Decrease) in Invested Capital	30	-1.40	1,810	1,758	1,800	0.00	0.00	0.00	0.00
Enterprise Value (EV)	2,197	2,271	2,138	2,455	2,490	1,871	190	0.00	0.00
Market Capitalization	1,745	1,625	1,553	1,810	1,834	1,217	190	190	190
Book Value per Share	$11.65	$11.59	$12.89	$11.72	$12.04	$12.56	$0.00	$0.00	$0.00
Tangible Book Value per Share	$11.65	$11.59	$12.89	$11.72	$12.04	$12.56	$0.00	$0.00	$0.00
Total Capital	1,838	1,950	1,995	1,903	1,952	1,999	0.00	0.00	0.00
Total Debt	460	751	770	789	808	807	0.00	0.00	0.00
Total Long-Term Debt	460	669	688	707	726	745	0.00	0.00	0.00
Net Debt	452	646	586	645	657	654	0.00	0.00	0.00
Capital Expenditures (CapEx)	30	80	48	2.51	5.29	738	24	1.29	4.09
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-94	-54	-28	-47	-68	-22	0.00	0.00	0.00
Debt-free Net Working Capital (DFNWC)	-86	52	157	98	83	131	0.00	0.00	0.00
Net Working Capital (NWC)	-86	-30	74	15	0.97	69	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	36	22	27	31	26	8.29	0.26	2.33	1.70
Net Nonoperating Obligations (NNO)	452	646	586	645	657	654	0.00	0.00	0.00
Total Depreciation and Amortization (D&A)	65	72	68	70	69	45	33	30	31
Debt-free, Cash-free Net Working Capital to Revenue	-9.82%	-5.53%	-2.88%	-5.30%	-8.38%	-2.92%	0.00%	0.00%	0.00%
Debt-free Net Working Capital to Revenue	-9.00%	5.38%	16.29%	11.09%	10.31%	17.13%	0.00%	0.00%	0.00%
Net Working Capital to Revenue	-9.00%	-3.13%	7.72%	1.74%	0.12%	9.01%	0.00%	0.00%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.14	$0.34	$0.70	$0.42	$0.44	$0.72	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	112.13M	97.59M	96.86M	95.01M	95M	94.91M	0.00	0.00	0.00
Adjusted Diluted Earnings per Share	$0.14	$0.34	$0.70	$0.42	$0.44	$0.72	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	112.20M	97.70M	97.03M	95.19M	95.01M	94.91M	0.00	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	118.34M	118.33M	103.49M	95.04M	95M	95M	0.00	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	36	41	66	49	47	71	59	56	65
Normalized NOPAT Margin	15.95%	17.44%	25.95%	20.56%	19.68%	31.30%	33.42%	33.61%	34.02%
Pre Tax Income Margin	7.01%	15.54%	26.39%	16.47%	17.44%	41.07%	47.60%	46.61%	47.71%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.44	2.49	3.52	2.46	2.59	18.46	41.65	40.40	51.55
NOPAT to Interest Expense	1.42	2.39	3.54	2.61	2.56	19.01	40.77	40.58	51.49
EBIT Less CapEx to Interest Expense	0.60	-0.79	1.73	2.37	2.39	-119.20	29.83	39.74	49.29
NOPAT Less CapEx to Interest Expense	0.59	-0.89	1.74	2.51	2.36	-118.65	28.95	39.92	49.23
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	174.93%	167.31%	102.03%	72.97%	44.71%	29.24%	0.00%	0.00%	0.00%
Augmented Payout Ratio	174.93%	167.31%	102.03%	72.97%	44.71%	29.24%	0.00%	0.00%	0.00%

Frequently Asked Questions About Mach Natural Resources' Financials

When does Mach Natural Resources's fiscal year end?

According to the most recent income statement we have on file, Mach Natural Resources' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Mach Natural Resources' net income changed over the last 3 years?

Mach Natural Resources' net income were at $185.18 million at the end of 2024, a 46.6% decrease from 2023, and a 33.8% increase since 2021. See Mach Natural Resources' forecast for analyst expectations on what’s next for the company.

What is Mach Natural Resources's operating income?

Mach Natural Resources's total operating income in 2024 was $290.99 million, based on the following breakdown:

Total Gross Profit: $648.47 million
Total Operating Expenses: $357.48 million

How has Mach Natural Resources revenue changed over the last 3 years?

Over the last 3 years, Mach Natural Resources' total revenue changed from $392.50 million in 2021 to $969.63 million in 2024, a change of 147.0%.

How much debt does Mach Natural Resources have?

Mach Natural Resources' total liabilities were at $1.14 billion at the end of 2024, a 2.4% increase from 2023, and a 28.3% increase since 2022.

How much cash does Mach Natural Resources have?

In the past 2 years, Mach Natural Resources' cash and equivalents has ranged from $29.42 million in 2022 to $152.79 million in 2023, and is currently $105.78 million as of their latest financial filing in 2024.

How has Mach Natural Resources' book value per share changed over the last 3 years?

Over the last 3 years, Mach Natural Resources' book value per share changed from 0.00 in 2021 to 11.59 in 2024, a change of 1,158.6%.

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This page (NYSE:MNR) was last updated on 5/22/2025 by MarketBeat.com Staff

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Mach Natural Resources (MNR) Financials

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Mach Natural Resources (MNR) Financials

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