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Matador Resources (MTDR) Financials

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$43.94 +0.12 (+0.26%)
As of 01:04 PM Eastern
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Annual Income Statements for Matador Resources

Annual Income Statements for Matador Resources

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

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
885 846 1,214 585 -593 88 274 126 -97 -680
Consolidated Net Income / (Loss)
971 910 1,286 641 -554 123 300 138 -97 -680
Net Income / (Loss) Continuing Operations
971 910 1,286 641 -554 123 300 138 -97 -680
Total Pre-Tax Income
1,264 1,096 1,686 715 -599 159 292 130 -98 -827
Total Operating Income
1,435 1,209 1,759 793 -521 235 363 161 -177 -807
Total Gross Profit
3,333 2,678 2,963 1,602 821 830 782 464 259 263
Total Revenue
3,505 2,807 3,058 1,663 862 984 900 544 264 318
Operating Revenue
3,505 2,807 3,058 1,663 862 984 900 544 264 318
Total Cost of Revenue
171 129 96 61 42 154 118 80 5.39 55
Operating Cost of Revenue
171 129 96 61 42 154 118 80 5.39 55
Total Operating Expenses
1,899 1,469 1,203 808 1,342 594 419 303 436 1,069
Selling, General & Admin Expense
127 110 116 96 63 80 69 66 55 50
Marketing Expense
307 264 282 179 93 92 76 58 43 36
Depreciation Expense
974 717 466 345 362 351 265 178 122 179
Other Operating Expenses / (Income)
490 377 338 188 140 71 8.17 1.29 57 4.22
Total Other Income / (Expense), net
-171 -113 -74 -78 -78 -77 -71 -31 79 -21
Interest Expense
172 122 67 75 77 74 73 35 28 22
Other Income / (Expense), net
0.70 8.58 -6.43 -3.04 -0.97 -3.09 1.36 3.57 107 0.62
Income Tax Expense
292 186 399 75 -46 36 -7.69 -8.16 -1.04 -147
Net Income / (Loss) Attributable to Noncontrolling Interest
86 64 72 56 40 35 26 12 0.36 0.26
Basic Earnings per Share
$7.16 $7.10 $10.28 $5.00 ($5.11) $0.75 $2.41 $1.23 ($1.07) ($8.34)
Weighted Average Basic Shares Outstanding
123.57M 119.14M 118.12M 117.00M 116.07M 116.56M 113.58M 102.03M 91.27M 81.54M
Diluted Earnings per Share
$7.14 $7.05 $10.11 $4.91 ($5.11) $0.75 $2.41 $1.23 ($1.07) ($8.34)
Weighted Average Diluted Shares Outstanding
124.08M 119.98M 120.13M 119.16M 116.07M 117.06M 113.69M 102.54M 91.27M 81.54M
Weighted Average Basic & Diluted Shares Outstanding
125.21M 119.52M 119.07M 118.04M 116.76M 116.57M 116.39M 102.30M 91M 100.03M
Cash Dividends to Common per Share
$0.85 $0.65 $0.30 $0.13 - - - - - -

Quarterly Income Statements for Matador Resources

This table shows Matador 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 Q4 2022 Q3 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 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
240 215 248 229 194 255 264 165 163 254 338
Consolidated Net Income / (Loss)
262 238 273 248 213 276 278 177 179 272 354
Net Income / (Loss) Continuing Operations
262 238 273 248 213 276 278 177 179 272 354
Total Pre-Tax Income
345 300 358 326 280 333 293 234 236 353 468
Total Operating Income
389 360 392 364 319 366 340 252 251 372 483
Total Gross Profit
961 996 856 810 672 800 741 607 529 760 774
Total Revenue
1,014 970 900 847 788 836 772 638 560 707 841
Operating Revenue
1,014 970 900 847 788 836 772 638 560 707 841
Total Cost of Revenue
53 -25 44 37 116 36 31 31 31 -53 67
Operating Cost of Revenue
53 -25 44 37 116 36 31 31 31 -53 67
Total Operating Expenses
572 636 464 446 353 434 401 355 278 389 291
Selling, General & Admin Expense
34 41 29 28 30 29 32 27 22 35 28
Marketing Expense
94 87 73 77 70 75 72 62 55 63 74
Depreciation Expense
282 293 243 226 212 220 193 178 126 132 119
Other Operating Expenses / (Income)
162 214 120 116 41 109 105 89 74 160 70
Total Other Income / (Expense), net
-44 -60 -34 -38 -39 -32 -47 -18 -16 -19 -15
Interest Expense
49 60 36 36 40 36 35 34 16 16 16
Other Income / (Expense), net
5.51 0.13 2.11 -2.12 0.58 3.50 -12 16 0.34 -2.58 0.69
Income Tax Expense
83 62 85 78 67 57 15 57 57 81 114
Net Income / (Loss) Attributable to Noncontrolling Interest
22 23 24 19 19 21 15 12 16 18 16
Basic Earnings per Share
$1.92 $1.72 $1.99 $1.83 $1.62 $2.14 $2.21 $1.38 $1.37 $2.14 $2.86
Weighted Average Basic Shares Outstanding
125.19M 123.57M 124.81M 124.79M 119.72M 119.14M 119.15M 119.18M 119.03M 118.12M 118.14M
Diluted Earnings per Share
$1.92 $1.71 $1.99 $1.83 $1.61 $2.12 $2.20 $1.37 $1.36 $2.09 $2.82
Weighted Average Diluted Shares Outstanding
125.34M 124.08M 124.98M 124.90M 120.25M 119.98M 120.08M 119.84M 119.70M 120.13M 119.85M
Weighted Average Basic & Diluted Shares Outstanding
125.20M 125.21M 124.77M 124.82M 124.78M 119.52M 119.13M 119.15M 119.18M 119.07M 118.16M
Cash Dividends to Common per Share
$0.31 - $0.20 $0.20 $0.20 - $0.15 $0.15 $0.15 - $0.10

Annual Cash Flow Statements for Matador Resources

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

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
-12 -441 460 -4.46 26 -19 -18 -112 153 8.33
Net Cash From Operating Activities
2,247 1,868 1,979 1,053 478 552 609 299 134 209
Net Cash From Continuing Operating Activities
2,247 1,868 1,979 1,053 478 552 609 299 134 209
Net Income / (Loss) Continuing Operations
971 910 1,286 641 -554 123 300 138 -97 -680
Consolidated Net Income / (Loss)
971 910 1,286 641 -554 123 300 138 -97 -680
Depreciation Expense
974 717 466 345 362 351 265 178 122 179
Amortization Expense
17 7.05 -0.52 3.66 2.83 2.48 1.36 0.47 1.15 0.85
Non-Cash Adjustments To Reconcile Net Income
72 -25 50 17 692 30 46 15 65 811
Changes in Operating Assets and Liabilities, net
213 259 176 47 -25 46 -3.90 -32 43 -103
Net Cash From Investing Activities
-3,672 -3,211 -1,037 -729 -776 -904 -1,515 -819 -449 -425
Net Cash From Continuing Investing Activities
-3,672 -3,211 -1,037 -729 -776 -904 -1,515 -819 -449 -425
Purchase of Property, Plant & Equipment
-1,967 -1,550 -1,008 -733 -780 -926 -1,524 -820 -454 -497
Acquisitions
-1,831 -1,676 -76 0.00 0.00 - - - - -24
Sale of Property, Plant & Equipment
12 15 47 4.22 4.79 22 8.33 0.98 5.17 140
Divestitures
114 0.00 0.00 - - - - - - -
Net Cash From Financing Activities
1,414 902 -481 -329 324 333 888 408 468 225
Net Cash From Continuing Financing Activities
1,414 902 -481 -329 324 333 888 408 468 225
Repayment of Debt
-5,467 -3,237 -799 -687 -29 -37 -993 0.00 -123 -87
Payment of Dividends
-202 -155 -121 -77 -46 -39 -122 -13 0.00 0.00
Issuance of Debt
6,541 4,255 430 395 266 318 1,682 0.00 305 125
Issuance of Common Equity
364 25 0.00 0.00 120 77 312 253 289 189
Other Financing Activities, net
178 15 9.01 40 13 14 9.05 169 -1.85 -1.04

Quarterly Cash Flow Statements for Matador Resources

This table details how cash moves in and out of Matador 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 Q3 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 9/30/2022
Net Change in Cash & Equivalents
-17 18 13 -10 -32 44 -3.66 -438 -44 106 159
Net Cash From Operating Activities
728 575 610 593 469 618 461 449 340 447 557
Net Cash From Continuing Operating Activities
728 575 610 593 469 618 461 449 340 447 557
Net Income / (Loss) Continuing Operations
262 238 273 248 213 276 278 177 179 272 354
Consolidated Net Income / (Loss)
262 238 273 248 213 276 278 177 179 272 354
Depreciation Expense
282 293 243 226 212 220 193 178 126 132 119
Amortization Expense
3.66 4.25 2.70 4.94 4.64 2.05 2.10 2.06 0.84 0.17 -1.89
Non-Cash Adjustments To Reconcile Net Income
38 24 4.19 23 22 -7.65 -4.49 -6.13 -6.82 27 14
Changes in Operating Assets and Liabilities, net
142 16 88 92 17 128 -7.83 98 40 15 72
Net Cash From Investing Activities
-512 -391 -2,161 -577 -543 -549 -424 -1,895 -343 -276 -240
Net Cash From Continuing Investing Activities
-512 -391 -2,161 -577 -543 -549 -424 -1,895 -343 -276 -240
Purchase of Property, Plant & Equipment
-534 -516 -425 -482 -544 -495 -424 -287 -344 -276 -240
Divestitures
22 113 - - 0.90 -0.73 0.28 - 0.45 -47 0.10
Net Cash From Financing Activities
-233 -166 1,563 -27 43 -25 -41 1,009 -40 -65 -157
Net Cash From Continuing Financing Activities
-233 -166 1,563 -27 43 -25 -41 1,009 -40 -65 -157
Repayment of Debt
-696 -2,141 -1,442 -877 -1,007 -457 -465 -2,252 -64 -94 -192
Payment of Dividends
-75 -56 -48 -49 -50 -41 -34 -43 -37 -30 -34
Issuance of Debt
545 1,159 3,041 1,582 759 458 449 3,283 65 55 70
Issuance of Common Equity
0.00 - - 12 352 - - 25 0.00 - -
Other Financing Activities, net
-7.75 872 12 -694 -12 14 8.96 -3.88 -4.21 4.52 -1.41

Annual Balance Sheets for Matador Resources

This table presents Matador 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 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2016
Total Assets
10,850 7,727 5,555 4,262 3,687 4,070 3,456 2,146 1,465 1,465
Total Current Assets
927 716 1,072 371 262 278 306 257 279 279
Cash & Equivalents
23 53 505 48 58 40 65 97 213 213
Restricted Cash
72 54 42 39 33 25 19 5.98 1.26 1.26
Accounts Receivable
655 473 454 241 137 189 146 141 59 59
Inventories, net
38 42 15 12 11 11 18 5.99 3.05 3.05
Prepaid Expenses
123 93 52 29 16 13 8.06 6.29 3.33 3.33
Other Current Assets
16 2.11 3.93 1.97 6.73 0.00 50 1.19 0.00 0.00
Plant, Property, & Equipment, net
9,764 6,956 4,418 3,857 3,368 3,700 3,123 1,881 1,185 1,185
Plant, Property & Equipment, gross
15,967 12,185 8,930 7,903 7,069 6,355 5,430 3,923 3,049 3,049
Accumulated Depreciation
6,203 5,229 4,512 4,046 3,702 2,656 2,307 2,042 1,864 1,864
Total Noncurrent Assets
159 55 64 34 58 92 27 7.06 0.96 0.96
Other Noncurrent Operating Assets
159 55 64 34 58 92 6.51 7.06 0.96 0.96
Total Liabilities & Shareholders' Equity
10,850 7,727 5,555 4,262 3,687 4,070 3,456 2,146 1,465 1,465
Total Liabilities
5,393 3,599 2,237 2,135 2,174 2,100 1,676 888 773 773
Total Current Liabilities
995 685 576 465 291 400 330 283 170 170
Accounts Payable
147 68 59 26 14 25 67 12 4.67 4.67
Accrued Expenses
669 528 379 348 185 286 236 236 125 125
Other Current Liabilities
179 89 138 91 92 89 27 35 39 39
Total Noncurrent Liabilities
4,397 2,914 1,662 1,670 1,883 1,700 1,346 606 604 604
Long-Term Debt
3,325 2,207 1,160 1,528 1,815 1,582 1,298 574 574 574
Asset Retirement Reserve & Litigation Obligation
114 87 53 42 38 36 30 25 20 20
Noncurrent Deferred & Payable Income Tax Liabilities
848 581 428 78 0.00 37 13 0.00 - -
Other Noncurrent Operating Liabilities
110 38 20 23 30 45 5.05 6.39 10 10
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
5,457 4,128 3,317 2,127 1,513 1,969 1,780 1,258 691 691
Total Preferred & Common Equity
5,089 3,911 3,111 1,907 1,287 1,834 1,689 1,157 690 690
Total Common Equity
5,089 3,911 3,111 1,907 1,287 1,834 1,689 1,157 690 690
Common Stock
2,534 2,134 2,103 2,079 2,028 1,982 1,926 1,667 1,326 1,326
Retained Earnings
2,557 1,777 1,008 -171 -742 -149 -236 -510 -636 -636
Treasury Stock
-2.34 -0.05 -0.03 -0.24 -0.00 -0.03 -0.42 -0.07 0.00 -
Noncontrolling Interest
368 217 206 220 226 136 91 101 1.32 1.32

Quarterly Balance Sheets for Matador Resources

This table presents Matador 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 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
11,082 10,623 8,518 8,227 7,439 7,132 5,782 5,305
Total Current Assets
891 847 738 754 711 634 1,006 927
Cash & Equivalents
15 23 15 23 26 22 449 400
Restricted Cash
63 54 49 51 36 44 55 41
Accounts Receivable
643 606 528 528 527 461 413 418
Inventories, net
35 34 38 40 35 31 20 14
Prepaid Expenses
112 104 103 108 87 77 70 51
Other Current Assets
23 26 5.59 3.03 0.00 0.00 0.00 1.50
Plant, Property, & Equipment, net
10,012 9,546 7,678 7,379 6,676 6,439 4,706 4,318
Plant, Property & Equipment, gross
16,494 15,456 13,345 12,820 11,685 11,255 9,345 8,699
Accumulated Depreciation
6,482 5,910 5,667 5,441 5,009 4,816 4,639 4,381
Total Noncurrent Assets
179 230 102 94 52 59 69 60
Other Noncurrent Operating Assets
179 115 102 94 52 59 69 60
Total Liabilities & Shareholders' Equity
11,082 10,623 8,518 8,227 7,439 7,132 5,782 5,305
Total Liabilities
5,438 5,527 3,663 3,591 3,564 3,515 2,326 2,240
Total Current Liabilities
1,130 966 857 851 722 687 601 625
Accounts Payable
129 114 96 122 81 75 45 61
Accrued Expenses
759 699 584 598 518 488 447 441
Other Current Liabilities
242 153 176 131 123 124 109 120
Total Noncurrent Liabilities
4,308 4,561 2,806 2,740 2,842 2,828 1,725 1,614
Long-Term Debt
3,176 3,596 1,982 1,972 2,189 2,203 1,171 1,193
Asset Retirement Reserve & Litigation Obligation
112 119 94 90 87 63 54 52
Noncurrent Deferred & Payable Income Tax Liabilities
907 784 674 626 553 545 483 349
Other Noncurrent Operating Liabilities
112 61 57 52 13 17 17 21
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
5,644 5,096 4,856 4,636 3,875 3,617 3,456 3,066
Total Preferred & Common Equity
5,287 4,871 4,632 4,418 3,663 3,403 3,253 2,859
Total Common Equity
5,287 4,871 4,632 4,418 3,663 3,403 3,253 2,859
Common Stock
2,535 2,500 2,484 2,474 2,122 2,108 2,101 2,096
Retained Earnings
2,758 2,374 2,150 1,946 1,546 1,300 1,153 766
Treasury Stock
-5.67 -3.03 -2.99 -2.09 -5.08 -5.08 -1.27 -2.59
Noncontrolling Interest
357 226 224 218 213 215 203 207

Annual Metrics And Ratios for Matador Resources

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

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
24.88% -8.22% 83.89% 92.89% -12.36% 9.35% 65.28% 105.84% -16.86% -26.42%
EBITDA Growth
24.96% -12.49% 94.86% 821.53% -126.96% -7.24% 84.33% 542.35% 108.51% -298.71%
EBIT Growth
17.86% -30.52% 121.87% 251.21% -324.83% -36.27% 121.77% 335.23% 91.33% -546.65%
NOPAT Growth
9.82% -25.20% 89.02% 294.56% -299.81% -51.00% 118.10% 237.84% 78.04% -595.13%
Net Income Growth
6.70% -29.23% 100.79% 215.73% -550.11% -58.97% 117.21% 242.19% 85.72% -713.54%
EPS Growth
1.28% -30.27% 105.91% 196.09% -781.33% -68.88% 95.94% 214.95% 87.17% -634.62%
Operating Cash Flow Growth
20.29% -5.61% 87.85% 120.56% -13.49% -9.28% 103.43% 123.08% -35.70% -17.08%
Free Cash Flow Firm Growth
-4.90% -231.96% 158.82% 429.57% 62.98% 65.17% -75.86% -99.90% 12.72% 8.92%
Invested Capital Growth
39.50% 58.47% 10.14% 10.24% -7.17% 16.48% 73.12% 64.49% 14.06% -22.92%
Revenue Q/Q Growth
3.98% 4.80% 4.84% 25.90% -6.95% -0.12% 17.86% 14.42% 6.62% -21.40%
EBITDA Q/Q Growth
2.82% 4.88% 4.09% 50.44% -522.40% -9.22% 25.06% -12.31% 119.13% -96.24%
EBIT Q/Q Growth
-0.62% 0.00% 2.70% 93.36% -30.21% -27.50% 42.23% -30.09% 82.76% -58.99%
NOPAT Q/Q Growth
-1.62% 1.71% 3.03% 73.11% -31.07% -38.30% 45.51% 33.51% 56.53% -58.80%
Net Income Q/Q Growth
-3.76% 0.44% 3.26% 92.50% -24.87% -47.31% 51.31% -30.95% 77.52% -68.75%
EPS Q/Q Growth
-5.43% 0.43% 2.95% 109.83% -23.73% -56.40% 51.57% -40.87% 79.38% -74.48%
Operating Cash Flow Q/Q Growth
-1.89% 10.13% 6.00% 20.18% -7.96% 1.79% 22.70% 14.99% 12.61% -18.87%
Free Cash Flow Firm Q/Q Growth
1.48% -8.02% 21.64% -14.33% 53.01% 12.53% 5.39% -15.85% -56.22% 25.15%
Invested Capital Q/Q Growth
2.21% 3.77% 2.97% 7.48% -3.43% 2.99% 9.47% 12.58% 8.35% -15.70%
Profitability Metrics
- - - - - - - - - -
Gross Margin
95.11% 95.41% 96.88% 96.30% 95.19% 84.33% 86.93% 85.24% 97.96% 82.80%
EBITDA Margin
69.22% 69.18% 72.55% 68.47% -18.30% 59.51% 70.16% 62.91% 20.16% -196.94%
Operating Margin
40.93% 43.09% 57.53% 47.69% -60.49% 23.94% 40.38% 29.55% -67.00% -253.64%
EBIT Margin
40.95% 43.39% 57.32% 47.51% -60.60% 23.62% 40.53% 30.21% -26.43% -253.45%
Profit (Net Income) Margin
27.71% 32.43% 42.06% 38.52% -64.21% 12.50% 33.32% 25.36% -36.71% -213.66%
Tax Burden Percent
76.86% 83.03% 76.31% 89.56% 92.39% 77.58% 102.63% 106.28% 98.94% 82.18%
Interest Burden Percent
88.04% 90.02% 96.17% 90.55% 114.68% 68.21% 80.10% 78.98% 140.35% 102.59%
Effective Tax Rate
23.14% 16.97% 23.69% 10.44% 0.00% 22.42% -2.63% -6.28% 0.00% 0.00%
Return on Invested Capital (ROIC)
14.79% 19.77% 35.81% 20.88% -10.86% 5.64% 15.79% 12.30% -12.57% -53.34%
ROIC Less NNEP Spread (ROIC-NNEP)
9.86% 12.86% 30.34% 16.48% -22.49% 1.27% 7.12% 4.37% -5.77% -83.49%
Return on Net Nonoperating Assets (RNNOA)
5.48% 4.69% 11.44% 14.32% -20.93% 0.92% 3.95% 1.87% -3.87% -46.93%
Return on Equity (ROE)
20.27% 24.46% 47.25% 35.20% -31.79% 6.56% 19.74% 14.16% -16.44% -100.26%
Cash Return on Invested Capital (CROIC)
-18.20% -25.48% 26.15% 11.13% -3.42% -9.58% -37.76% -36.47% -25.71% -27.45%
Operating Return on Assets (OROA)
15.45% 18.34% 35.71% 19.88% -13.47% 6.18% 13.02% 9.11% -5.37% -62.60%
Return on Assets (ROA)
10.46% 13.71% 26.21% 16.12% -14.27% 3.27% 10.70% 7.65% -7.45% -52.77%
Return on Common Equity (ROCE)
19.03% 23.07% 43.55% 30.88% -28.48% 6.16% 18.49% 13.42% -16.41% -100.18%
Return on Equity Simple (ROE_SIMPLE)
19.09% 23.28% 41.35% 33.59% -43.03% 6.71% 17.75% 11.93% -14.06% -139.25%
Net Operating Profit after Tax (NOPAT)
1,103 1,004 1,342 710 -365 183 373 171 -124 -565
NOPAT Margin
31.46% 35.78% 43.90% 42.71% -42.34% 18.57% 41.44% 31.41% -46.90% -177.55%
Net Nonoperating Expense Percent (NNEP)
4.93% 6.91% 5.47% 4.40% 11.63% 4.37% 8.67% 7.92% -6.80% 30.15%
Return On Investment Capital (ROIC_SIMPLE)
12.56% 15.85% 29.98% - - - - - - -
Cost of Revenue to Revenue
4.89% 4.59% 3.12% 3.70% 4.81% 15.67% 13.07% 14.76% 2.04% 17.20%
SG&A Expenses to Revenue
3.64% 3.93% 3.80% 5.80% 7.26% 8.14% 7.70% 12.13% 20.83% 15.75%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
54.17% 52.32% 39.35% 48.61% 155.68% 60.39% 46.55% 55.69% 164.96% 336.15%
Earnings before Interest and Taxes (EBIT)
1,435 1,218 1,753 790 -522 232 365 164 -70 -806
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
2,426 1,942 2,219 1,139 -158 585 631 342 53 -626
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.38 1.71 2.12 2.21 1.06 1.11 1.04 2.83 3.38 3.36
Price to Tangible Book Value (P/TBV)
1.38 1.71 2.12 2.21 1.06 1.11 1.04 2.83 3.38 3.36
Price to Revenue (P/Rev)
2.00 2.38 2.15 2.53 1.58 2.07 1.95 6.01 8.82 5.15
Price to Earnings (P/E)
7.93 7.89 5.42 7.20 0.00 23.14 6.39 25.99 0.00 0.00
Dividend Yield
1.51% 1.16% 0.54% 0.35% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
12.61% 12.67% 18.44% 13.88% 0.00% 4.32% 15.66% 3.85% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
1.22 1.44 1.88 1.65 1.02 1.06 1.02 2.22 2.56 2.25
Enterprise Value to Revenue (EV/Rev)
3.03 3.20 2.42 3.53 3.85 3.75 3.40 7.06 10.19 6.52
Enterprise Value to EBITDA (EV/EBITDA)
4.38 4.63 3.34 5.16 0.00 6.29 4.84 11.23 50.55 0.00
Enterprise Value to EBIT (EV/EBIT)
7.40 7.39 4.22 7.44 0.00 15.85 8.38 23.38 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
9.63 8.96 5.52 8.27 0.00 20.17 8.20 22.49 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
4.73 4.82 3.74 5.58 6.94 6.67 5.02 12.85 20.10 9.94
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 7.55 15.51 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.61 0.53 0.35 0.72 1.20 0.80 0.73 0.46 0.83 1.01
Long-Term Debt to Equity
0.61 0.53 0.35 0.72 1.20 0.80 0.73 0.46 0.83 1.01
Financial Leverage
0.56 0.36 0.38 0.87 0.93 0.73 0.55 0.43 0.67 0.56
Leverage Ratio
1.94 1.78 1.80 2.18 2.23 2.01 1.84 1.85 2.21 1.90
Compound Leverage Factor
1.71 1.61 1.73 1.98 2.55 1.37 1.48 1.46 3.10 1.95
Debt to Total Capital
37.86% 34.84% 25.91% 41.79% 54.54% 44.55% 42.17% 31.34% 45.36% 50.24%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
37.86% 34.84% 25.91% 41.79% 54.54% 44.55% 42.17% 31.34% 45.36% 50.24%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
4.19% 3.42% 4.61% 6.02% 6.81% 3.82% 2.95% 5.51% 0.10% 0.10%
Common Equity to Total Capital
57.94% 61.74% 69.48% 52.18% 38.66% 51.63% 54.88% 63.14% 54.54% 49.66%
Debt to EBITDA
1.37 1.14 0.52 1.34 -11.50 2.70 2.06 1.68 10.77 -0.79
Net Debt to EBITDA
1.33 1.08 0.28 1.27 -10.92 2.59 1.92 1.38 6.75 -0.69
Long-Term Debt to EBITDA
1.37 1.14 0.52 1.34 -11.50 2.70 2.06 1.68 10.77 -0.79
Debt to NOPAT
3.02 2.20 0.86 2.15 -4.97 8.66 3.48 3.36 -4.63 -0.87
Net Debt to NOPAT
2.93 2.09 0.46 2.03 -4.72 8.31 3.26 2.76 -2.90 -0.77
Long-Term Debt to NOPAT
3.02 2.20 0.86 2.15 -4.97 8.66 3.48 3.36 -4.63 -0.87
Altman Z-Score
1.86 2.32 3.72 2.10 -0.15 0.92 1.13 2.37 1.32 -1.22
Noncontrolling Interest Sharing Ratio
6.10% 5.68% 7.83% 12.27% 10.40% 6.04% 6.31% 5.25% 0.19% 0.08%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.93 1.04 1.86 0.80 0.90 0.70 0.93 0.91 1.65 0.93
Quick Ratio
0.68 0.77 1.67 0.62 0.67 0.57 0.64 0.84 1.60 0.45
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-1,357 -1,294 981 379 -115 -311 -892 -507 -254 -291
Operating Cash Flow to CapEx
114.96% 121.68% 205.76% 144.44% 61.57% 61.07% 40.16% 36.51% 29.88% 58.35%
Free Cash Flow to Firm to Interest Expense
-7.91 -10.65 14.60 5.07 -1.50 -4.20 -12.29 -14.67 -8.99 -13.36
Operating Cash Flow to Interest Expense
13.09 15.37 29.46 14.10 6.23 7.47 8.39 8.65 4.76 9.59
Operating Cash Flow Less CapEx to Interest Expense
1.70 2.74 15.14 4.34 -3.89 -4.76 -12.50 -15.05 -11.16 -6.84
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.38 0.42 0.62 0.42 0.22 0.26 0.32 0.30 0.20 0.25
Accounts Receivable Turnover
6.22 6.06 8.80 8.79 5.28 5.86 6.26 5.45 5.13 7.11
Inventory Turnover
4.27 4.52 6.98 5.40 3.89 10.89 9.98 17.78 2.13 33.83
Fixed Asset Turnover
0.42 0.49 0.74 0.46 0.24 0.29 0.36 0.36 0.24 0.27
Accounts Payable Turnover
1.59 2.03 2.24 3.05 2.12 3.34 2.99 9.78 0.69 3.84
Days Sales Outstanding (DSO)
58.72 60.26 41.49 41.54 69.13 62.26 58.30 67.02 71.14 51.30
Days Inventory Outstanding (DIO)
85.43 80.68 52.30 67.62 93.79 33.52 36.57 20.53 171.60 10.79
Days Payable Outstanding (DPO)
229.15 179.84 162.60 119.49 172.44 109.19 122.20 37.32 529.65 95.05
Cash Conversion Cycle (CCC)
-85.00 -38.90 -68.81 -10.32 -9.52 -13.41 -27.34 50.23 -286.92 -32.96
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
8,688 6,228 3,930 3,568 3,237 3,487 2,994 1,729 1,051 922
Invested Capital Turnover
0.47 0.55 0.82 0.49 0.26 0.30 0.38 0.39 0.27 0.30
Increase / (Decrease) in Invested Capital
2,460 2,298 362 331 -250 493 1,264 678 130 -274
Enterprise Value (EV)
10,619 8,995 7,405 5,875 3,316 3,684 3,055 3,844 2,694 2,073
Market Capitalization
7,020 6,678 6,586 4,215 1,366 2,031 1,751 3,272 2,333 1,639
Book Value per Share
$40.79 $32.83 $26.33 $16.25 $11.01 $15.72 $14.52 $10.66 $7.38 $5.70
Tangible Book Value per Share
$40.79 $32.83 $26.33 $16.25 $11.01 $15.72 $14.52 $10.66 $7.38 $5.70
Total Capital
8,783 6,334 4,477 3,655 3,328 3,552 3,077 1,832 1,265 983
Total Debt
3,325 2,207 1,160 1,528 1,815 1,582 1,298 574 574 494
Total Long-Term Debt
3,325 2,207 1,160 1,528 1,815 1,582 1,298 574 574 494
Net Debt
3,231 2,100 613 1,441 1,724 1,517 1,214 472 360 433
Capital Expenditures (CapEx)
1,954 1,535 962 729 776 904 1,515 819 449 357
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-163 -76 -51 -180 -121 -186 -108 -128 -104 -71
Debt-free Net Working Capital (DFNWC)
-68 31 496 -94 -29 -121 -24 -25 110 -9.82
Net Working Capital (NWC)
-68 31 496 -94 -29 -121 -24 -25 110 -9.82
Net Nonoperating Expense (NNE)
131 94 56 70 189 60 73 33 -27 115
Net Nonoperating Obligations (NNO)
3,231 2,100 613 1,441 1,724 1,517 1,214 472 360 433
Total Depreciation and Amortization (D&A)
991 724 466 349 365 353 266 178 123 180
Debt-free, Cash-free Net Working Capital to Revenue
-4.64% -2.70% -1.68% -10.85% -14.00% -18.95% -12.04% -23.50% -39.51% -22.30%
Debt-free Net Working Capital to Revenue
-1.94% 1.09% 16.22% -5.62% -3.40% -12.33% -2.71% -4.67% 41.48% -3.09%
Net Working Capital to Revenue
-1.94% 1.09% 16.22% -5.62% -3.40% -12.33% -2.71% -4.67% 41.48% -3.09%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$7.16 $7.10 $10.28 $5.00 ($5.11) $0.75 $2.41 $1.23 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding
123.57M 119.14M 118.12M 117.00M 116.07M 116.56M 113.58M 102.03M 0.00 0.00
Adjusted Diluted Earnings per Share
$7.14 $7.05 $10.11 $4.91 ($5.11) $0.75 $2.41 $1.23 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
124.08M 119.98M 120.13M 119.16M 116.07M 117.06M 113.69M 102.54M 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 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
125.21M 119.52M 119.07M 118.04M 116.76M 116.57M 116.39M 109.25M 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)
1,103 1,004 1,342 710 114 183 254 113 -13 -4.48
Normalized NOPAT Margin
31.46% 35.78% 43.90% 42.71% 13.25% 18.57% 28.27% 20.69% -4.91% -1.41%
Pre Tax Income Margin
36.05% 39.06% 55.12% 43.02% -69.50% 16.11% 32.47% 23.86% -37.10% -260.00%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
8.36 10.02 26.10 10.58 -6.81 3.15 5.03 4.76 -2.48 -37.05
NOPAT to Interest Expense
6.42 8.26 19.99 9.51 -4.76 2.47 5.14 4.95 -4.40 -25.96
EBIT Less CapEx to Interest Expense
-3.02 -2.61 11.78 0.81 -16.93 -9.09 -15.86 -18.95 -18.39 -53.48
NOPAT Less CapEx to Interest Expense
-4.96 -4.37 5.67 -0.25 -14.87 -9.76 -15.75 -18.76 -20.31 -42.38
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
20.83% 17.07% 9.43% 11.95% -8.23% 31.87% 40.54% 9.20% 0.00% 0.00%
Augmented Payout Ratio
20.83% 17.07% 9.43% 11.95% -8.23% 31.87% 40.61% 9.40% -0.87% -0.17%

Quarterly Metrics And Ratios for Matador Resources

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

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 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 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
28.73% 16.05% 16.51% 32.76% 40.59% 18.19% -8.16% -32.40% -0.96% 24.92% 78.03%
EBITDA Growth
26.79% 11.24% 22.24% 32.17% 41.58% 18.03% -12.92% -36.96% -6.64% 21.06% 87.92%
EBIT Growth
23.51% -2.41% 20.03% 34.57% 26.91% 0.00% -32.14% -54.52% -18.55% 14.28% 110.48%
NOPAT Growth
21.73% -5.69% -7.57% 45.08% 27.19% 5.64% -11.63% -57.98% -19.39% 16.00% 53.95%
Net Income Growth
23.01% -13.77% -2.06% 39.77% 19.15% 1.48% -21.36% -59.40% -20.19% 17.58% 62.35%
EPS Growth
19.25% -19.34% -9.55% 33.58% 18.38% 1.44% -21.99% -60.52% -21.39% 16.11% 64.91%
Operating Cash Flow Growth
55.34% -7.02% 32.42% 32.05% 38.02% 38.48% -17.23% -30.53% 3.21% 33.48% 91.24%
Free Cash Flow Firm Growth
11.70% -8.99% -18.15% 58.37% -900.36% -2,542.49% -1,317.70% -2,476.88% 6.08% 10.61% -148.75%
Invested Capital Growth
33.82% 39.50% 41.63% 17.71% 58.47% 58.47% 57.25% 52.23% 10.97% 10.14% 14.97%
Revenue Q/Q Growth
4.49% 7.84% 6.21% 7.55% -5.79% 8.27% 21.03% 13.89% -20.81% -15.87% -10.91%
EBITDA Q/Q Growth
3.43% 2.81% 7.99% 10.42% -9.26% 12.98% 16.75% 18.28% -24.35% -16.65% -15.47%
EBIT Q/Q Growth
9.57% -8.62% 9.04% 13.13% -13.43% 12.40% 22.25% 6.70% -31.79% -23.73% -18.06%
NOPAT Q/Q Growth
3.60% -4.43% 8.00% 13.85% -19.74% -6.34% 69.51% -0.19% -33.34% -21.65% -19.40%
Net Income Q/Q Growth
10.21% -12.74% 10.16% 16.11% -22.74% -0.88% 57.20% -1.02% -34.20% -23.20% -18.84%
EPS Q/Q Growth
12.28% -14.07% 8.74% 13.66% -24.06% -3.64% 60.58% 0.74% -34.93% -25.89% -18.73%
Operating Cash Flow Q/Q Growth
26.60% -5.81% 2.95% 26.54% -24.22% 34.14% 2.66% 32.26% -23.97% -19.83% -13.82%
Free Cash Flow Firm Q/Q Growth
11.99% 1.15% -196.30% 65.75% -8.63% -7.17% -4.39% -723.18% -186.95% 42.51% -89.74%
Invested Capital Q/Q Growth
0.63% 2.21% 25.50% 3.67% 4.90% 3.77% 4.30% 39.57% 4.91% 2.97% 0.97%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
94.78% 102.62% 95.14% 95.60% 85.28% 95.65% 96.01% 95.20% 94.46% 107.49% 92.01%
EBITDA Margin
67.08% 67.78% 71.09% 69.93% 68.11% 70.71% 67.76% 70.24% 67.63% 70.80% 71.46%
Operating Margin
38.38% 37.11% 43.57% 42.92% 40.49% 43.73% 44.03% 39.54% 44.88% 52.54% 57.47%
EBIT Margin
38.92% 37.12% 43.81% 42.67% 40.57% 44.14% 42.52% 42.10% 44.94% 52.17% 57.55%
Profit (Net Income) Margin
25.86% 24.52% 30.30% 29.22% 27.07% 33.00% 36.05% 27.75% 31.94% 38.43% 42.10%
Tax Burden Percent
75.98% 79.26% 76.17% 76.04% 76.15% 82.77% 95.02% 75.55% 75.95% 77.06% 75.65%
Interest Burden Percent
87.46% 83.35% 90.82% 90.05% 87.62% 90.33% 89.22% 87.26% 93.58% 95.59% 96.69%
Effective Tax Rate
24.02% 20.74% 23.83% 23.96% 23.85% 17.23% 4.98% 24.45% 24.05% 22.94% 24.35%
Return on Invested Capital (ROIC)
14.24% 13.82% 15.43% 16.90% 17.56% 20.00% 22.82% 17.21% 26.55% 33.03% 35.54%
ROIC Less NNEP Spread (ROIC-NNEP)
12.91% 12.04% 14.49% 15.47% 15.24% 18.03% 19.72% 16.36% 25.37% 31.61% 34.47%
Return on Net Nonoperating Assets (RNNOA)
6.27% 6.70% 8.93% 7.40% 4.83% 6.57% 8.17% 8.17% 8.96% 11.92% 14.99%
Return on Equity (ROE)
20.52% 20.52% 24.36% 24.30% 22.39% 26.57% 31.00% 25.38% 35.50% 44.95% 50.53%
Cash Return on Invested Capital (CROIC)
-13.80% -18.20% -19.00% 1.99% -25.40% -25.48% -24.40% -19.73% 22.68% 26.15% 22.59%
Operating Return on Assets (OROA)
15.04% 14.01% 16.35% 17.69% 17.57% 18.66% 17.87% 19.12% 26.51% 32.51% 36.14%
Return on Assets (ROA)
10.00% 9.25% 11.31% 12.11% 11.72% 13.95% 15.15% 12.60% 18.84% 23.95% 26.44%
Return on Common Equity (ROCE)
19.37% 19.27% 23.17% 23.05% 21.22% 25.06% 29.12% 23.67% 32.92% 41.43% 46.20%
Return on Equity Simple (ROE_SIMPLE)
19.30% 0.00% 20.72% 21.92% 21.38% 0.00% 24.74% 28.86% 38.15% 0.00% 43.57%
Net Operating Profit after Tax (NOPAT)
296 285 299 277 243 303 323 191 191 286 366
NOPAT Margin
29.16% 29.41% 33.19% 32.64% 30.83% 36.19% 41.83% 29.87% 34.08% 40.49% 43.48%
Net Nonoperating Expense Percent (NNEP)
1.34% 1.78% 0.94% 1.43% 2.32% 1.97% 3.11% 0.85% 1.18% 1.42% 1.07%
Return On Investment Capital (ROIC_SIMPLE)
3.35% 3.25% - - - 4.78% - - - 6.40% -
Cost of Revenue to Revenue
5.22% -2.62% 4.86% 4.40% 14.72% 4.35% 3.99% 4.80% 5.54% -7.49% 7.99%
SG&A Expenses to Revenue
3.33% 4.24% 3.20% 3.30% 3.76% 3.53% 4.11% 4.19% 4.00% 4.88% 3.28%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
56.40% 65.51% 51.57% 52.68% 44.79% 51.92% 51.98% 55.66% 49.58% 54.95% 34.55%
Earnings before Interest and Taxes (EBIT)
395 360 394 361 320 369 328 269 252 369 484
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
680 658 640 592 536 591 523 448 379 501 601
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
1.21 1.38 1.27 1.60 1.79 1.71 1.91 1.80 1.71 2.12 1.97
Price to Tangible Book Value (P/TBV)
1.21 1.38 1.27 1.60 1.79 1.71 1.91 1.80 1.71 2.12 1.97
Price to Revenue (P/Rev)
1.71 2.00 1.83 2.28 2.60 2.38 2.61 2.23 1.82 2.15 1.93
Price to Earnings (P/E)
6.87 7.93 6.67 7.88 9.01 7.89 8.27 6.67 4.75 5.42 4.80
Dividend Yield
1.88% 1.51% 1.62% 1.26% 1.06% 1.16% 0.94% 0.97% 0.86% 0.54% 0.52%
Earnings Yield
14.56% 12.61% 15.00% 12.70% 11.10% 12.67% 12.09% 14.98% 21.03% 18.44% 20.83%
Enterprise Value to Invested Capital (EV/IC)
1.13 1.22 1.15 1.41 1.53 1.44 1.55 1.47 1.56 1.88 1.73
Enterprise Value to Revenue (EV/Rev)
2.64 3.03 2.91 2.95 3.30 3.20 3.48 3.09 2.11 2.42 2.26
Enterprise Value to EBITDA (EV/EBITDA)
3.83 4.38 4.15 4.26 4.77 4.63 5.04 4.40 2.94 3.34 3.10
Enterprise Value to EBIT (EV/EBIT)
6.52 7.40 6.78 6.93 7.79 7.39 7.66 6.18 3.79 4.22 3.87
Enterprise Value to NOPAT (EV/NOPAT)
8.53 9.63 8.74 8.35 9.47 8.96 9.45 8.21 4.96 5.52 5.07
Enterprise Value to Operating Cash Flow (EV/OCF)
3.93 4.73 4.28 4.46 5.02 4.82 5.50 4.74 3.23 3.74 3.54
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 76.49 0.00 0.00 0.00 0.00 7.24 7.55 8.19
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.56 0.61 0.71 0.41 0.43 0.53 0.56 0.61 0.34 0.35 0.39
Long-Term Debt to Equity
0.56 0.61 0.71 0.41 0.43 0.53 0.56 0.61 0.34 0.35 0.39
Financial Leverage
0.49 0.56 0.62 0.48 0.32 0.36 0.41 0.50 0.35 0.38 0.43
Leverage Ratio
1.88 1.94 2.01 1.85 1.73 1.78 1.84 1.90 1.79 1.80 1.87
Compound Leverage Factor
1.64 1.62 1.83 1.66 1.52 1.61 1.64 1.66 1.67 1.72 1.81
Debt to Total Capital
36.01% 37.86% 41.37% 28.98% 29.84% 34.84% 36.09% 37.85% 25.30% 25.91% 28.01%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
36.01% 37.86% 41.37% 28.98% 29.84% 34.84% 36.09% 37.85% 25.30% 25.91% 28.01%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
4.04% 4.19% 2.60% 3.28% 3.30% 3.42% 3.51% 3.69% 4.39% 4.61% 4.86%
Common Equity to Total Capital
59.94% 57.94% 56.03% 67.74% 66.86% 61.74% 60.40% 58.47% 70.31% 69.48% 67.13%
Debt to EBITDA
1.24 1.37 1.52 0.88 0.94 1.14 1.18 1.14 0.53 0.52 0.56
Net Debt to EBITDA
1.21 1.33 1.44 0.85 0.90 1.08 1.15 1.11 0.30 0.28 0.35
Long-Term Debt to EBITDA
1.24 1.37 1.52 0.88 0.94 1.14 1.18 1.14 0.53 0.52 0.56
Debt to NOPAT
2.75 3.02 3.21 1.73 1.86 2.20 2.22 2.13 0.90 0.86 0.92
Net Debt to NOPAT
2.68 2.93 3.04 1.68 1.79 2.09 2.15 2.07 0.51 0.46 0.58
Long-Term Debt to NOPAT
2.75 3.02 3.21 1.73 1.86 2.20 2.22 2.13 0.90 0.86 0.92
Altman Z-Score
1.48 1.54 1.41 2.07 2.13 1.96 1.97 1.80 2.47 2.90 2.63
Noncontrolling Interest Sharing Ratio
5.59% 6.10% 4.88% 5.18% 5.20% 5.68% 6.04% 6.72% 7.28% 7.83% 8.58%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
0.79 0.93 0.88 0.86 0.89 1.04 0.98 0.92 1.67 1.86 1.48
Quick Ratio
0.58 0.68 0.65 0.63 0.65 0.77 0.77 0.70 1.43 1.67 1.31
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-1,914 -2,175 -2,200 -742 -2,168 -1,995 -1,862 -1,784 -217 -76 -131
Operating Cash Flow to CapEx
136.33% 111.33% 143.77% 123.12% 86.10% 124.87% 108.75% 156.54% 98.72% 161.57% 231.86%
Free Cash Flow to Firm to Interest Expense
-38.68 -36.26 -60.83 -20.63 -54.79 -55.88 -52.59 -52.11 -13.40 -4.60 -8.21
Operating Cash Flow to Interest Expense
14.71 9.59 16.88 16.48 11.84 17.32 13.02 13.12 20.99 27.19 34.82
Operating Cash Flow Less CapEx to Interest Expense
3.92 0.98 5.14 3.09 -1.91 3.45 1.05 4.74 -0.27 10.36 19.80
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.39 0.38 0.37 0.41 0.43 0.42 0.42 0.45 0.59 0.62 0.63
Accounts Receivable Turnover
6.37 6.22 5.95 6.56 6.45 6.06 5.67 5.98 7.82 8.80 8.75
Inventory Turnover
2.89 4.27 13.71 13.47 15.26 4.52 1.59 3.45 6.59 6.98 12.48
Fixed Asset Turnover
0.43 0.42 0.42 0.46 0.50 0.49 0.49 0.52 0.70 0.74 0.74
Accounts Payable Turnover
0.86 1.59 4.88 5.41 5.47 2.03 0.55 1.32 2.70 2.24 3.50
Days Sales Outstanding (DSO)
57.32 58.72 61.35 55.64 56.62 60.26 64.39 61.07 46.67 41.49 41.69
Days Inventory Outstanding (DIO)
126.10 85.43 26.63 27.10 23.92 80.68 230.06 105.87 55.37 52.30 29.25
Days Payable Outstanding (DPO)
422.01 229.15 74.87 67.45 66.67 179.84 657.76 276.07 135.05 162.60 104.22
Cash Conversion Cycle (CCC)
-238.60 -85.00 13.11 15.28 13.88 -38.90 -363.31 -109.12 -33.01 -68.81 -33.28
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
8,743 8,688 8,500 6,773 6,533 6,228 6,002 5,754 4,123 3,930 3,817
Invested Capital Turnover
0.49 0.47 0.46 0.52 0.57 0.55 0.55 0.58 0.78 0.82 0.82
Increase / (Decrease) in Invested Capital
2,210 2,460 2,499 1,019 2,410 2,298 2,185 1,974 408 362 497
Enterprise Value (EV)
9,852 10,619 9,798 9,552 10,016 8,995 9,330 8,487 6,434 7,405 6,600
Market Capitalization
6,397 7,020 6,168 7,410 7,901 6,678 6,991 6,135 5,563 6,586 5,642
Book Value per Share
$42.23 $40.79 $39.02 $37.12 $36.90 $32.83 $30.74 $28.55 $27.32 $26.33 $24.20
Tangible Book Value per Share
$42.23 $40.79 $39.02 $37.12 $36.90 $32.83 $30.74 $28.55 $27.32 $26.33 $24.20
Total Capital
8,821 8,783 8,692 6,837 6,608 6,334 6,064 5,820 4,626 4,477 4,258
Total Debt
3,176 3,325 3,596 1,982 1,972 2,207 2,189 2,203 1,171 1,160 1,193
Total Long-Term Debt
3,176 3,325 3,596 1,982 1,972 2,207 2,189 2,203 1,171 1,160 1,193
Net Debt
3,099 3,231 3,404 1,918 1,897 2,100 2,126 2,137 667 613 751
Capital Expenditures (CapEx)
534 516 425 482 544 495 424 287 344 276 240
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-316 -163 -196 -182 -172 -76 -73 -118 -98 -51 -140
Debt-free Net Working Capital (DFNWC)
-238 -68 -119 -118 -97 31 -11 -53 405 496 302
Net Working Capital (NWC)
-238 -68 -119 -118 -97 31 -11 -53 405 496 302
Net Nonoperating Expense (NNE)
33 47 26 29 30 27 45 13 12 15 12
Net Nonoperating Obligations (NNO)
3,099 3,231 3,404 1,918 1,897 2,100 2,126 2,137 667 613 751
Total Depreciation and Amortization (D&A)
286 297 246 231 217 222 195 180 127 132 117
Debt-free, Cash-free Net Working Capital to Revenue
-8.47% -4.64% -5.81% -5.61% -5.65% -2.70% -2.73% -4.31% -3.22% -1.68% -4.80%
Debt-free Net Working Capital to Revenue
-6.39% -1.94% -3.52% -3.64% -3.20% 1.09% -0.41% -1.91% 13.27% 16.22% 10.34%
Net Working Capital to Revenue
-6.39% -1.94% -3.52% -3.64% -3.20% 1.09% -0.41% -1.91% 13.27% 16.22% 10.34%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.92 $1.72 $1.99 $1.83 $1.62 $2.14 $2.21 $1.38 $1.37 $2.14 $2.86
Adjusted Weighted Average Basic Shares Outstanding
125.19M 123.57M 124.81M 124.79M 119.72M 119.14M 119.15M 119.18M 119.03M 118.12M 118.14M
Adjusted Diluted Earnings per Share
$1.92 $1.71 $1.99 $1.83 $1.61 $2.12 $2.20 $1.37 $1.36 $2.09 $2.82
Adjusted Weighted Average Diluted Shares Outstanding
125.34M 124.08M 124.98M 124.90M 120.25M 119.98M 120.08M 119.84M 119.70M 120.13M 119.85M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $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
125.20M 125.21M 124.77M 124.82M 124.78M 119.52M 119.13M 119.15M 119.18M 119.07M 118.16M
Normalized Net Operating Profit after Tax (NOPAT)
296 285 299 277 243 303 323 191 191 286 366
Normalized NOPAT Margin
29.16% 29.41% 33.19% 32.64% 30.83% 36.19% 41.83% 29.87% 34.08% 40.49% 43.48%
Pre Tax Income Margin
34.04% 30.94% 39.79% 38.43% 35.54% 39.87% 37.94% 36.74% 42.05% 49.87% 55.65%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
7.97 6.01 10.90 10.05 8.08 10.34 9.27 7.85 15.56 22.47 30.26
NOPAT to Interest Expense
5.97 4.76 8.26 7.68 6.14 8.47 9.12 5.57 11.80 17.44 22.86
EBIT Less CapEx to Interest Expense
-2.81 -2.61 -0.84 -3.34 -5.68 -3.53 -2.70 -0.53 -5.70 5.65 15.24
NOPAT Less CapEx to Interest Expense
-4.81 -3.85 -3.48 -5.70 -7.62 -5.39 -2.85 -2.81 -9.46 0.61 7.84
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
22.30% 20.83% 18.57% 17.16% 17.80% 17.07% 15.99% 14.75% 10.79% 9.43% 9.06%
Augmented Payout Ratio
22.30% 20.83% 18.57% 17.16% 17.80% 17.07% 15.99% 14.75% 10.79% 9.43% 9.06%

Frequently Asked Questions About Matador Resources' Financials

When does Matador Resources's fiscal year end?

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

How has Matador Resources' net income changed over the last 9 years?

Matador Resources' net income appears to be on an upward trend, with a most recent value of $971.34 million in 2024, falling from -$679.52 million in 2015. The previous period was $910.36 million in 2023. View Matador Resources' forecast to see where analysts expect Matador Resources to go next.

What is Matador Resources's operating income?
Matador Resources's total operating income in 2024 was $1.43 billion, based on the following breakdown:
  • Total Gross Profit: $3.33 billion
  • Total Operating Expenses: $1.90 billion
How has Matador Resources revenue changed over the last 9 years?

Over the last 9 years, Matador Resources' total revenue changed from $318.03 million in 2015 to $3.50 billion in 2024, a change of 1,002.1%.

How much debt does Matador Resources have?

Matador Resources' total liabilities were at $5.39 billion at the end of 2024, a 49.8% increase from 2023, and a 597.4% increase since 2015.

How much cash does Matador Resources have?

In the past 9 years, Matador Resources' cash and equivalents has ranged from $23.03 million in 2024 to $505.18 million in 2022, and is currently $23.03 million as of their latest financial filing in 2024.

How has Matador Resources' book value per share changed over the last 9 years?

Over the last 9 years, Matador Resources' book value per share changed from 5.70 in 2015 to 40.79 in 2024, a change of 615.1%.



This page (NYSE:MTDR) was last updated on 5/29/2025 by MarketBeat.com Staff
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