Mach Natural Resources (MNR) Gross Margin (2022 - 2026)
Mach Natural Resources (MNR) reported Gross Margin of 64.7% for Q1 2026, down 1380.0% year-over-year from 5.05% in Q1 2025, and down 49.46% quarter-over-quarter from 128.01% in Q4 2025.
Mach Natural Resources (MNR) Gross Margin (2022 - 2026) Analysis & Trends
Mach Natural Resources (MNR) has 5 years of Gross Margin data on file, last reported at 64.7% in Q1 2026.
- Gross Margin for Q1 2026 came in at 64.7%, down 1380.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 91.82% (down 615.0% YoY), and the FY2025 annual result was 95.85%, up 56.0% from the prior year.
- Gross Margin retreated to 64.7% in Q1 2026 per MNR's latest filing, from 128.01% in the prior quarter.
- Over five years, Gross Margin peaked at 136.44% in Q4 2024 and troughed at 54.17% in Q4 2023.
- A 5-year average of 91.5% and a median of 94.67% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin plunged 5431 bps in 2023, then soared 8227 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 108.48% in 2022, then slumped by 50 bps to 54.17% in 2023, then surged by 152 bps to 136.44% in 2024, then retreated by 6 bps to 128.01% in 2025, then sank by 49 bps to 64.7% in 2026.
- Business Quant data shows MNR's Gross Margin at 64.7% in Q1 2026, 128.01% in Q4 2025, and 78.35% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 85.25% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 60.14% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 93.19% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 99.43% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 54.61% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 88.15% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 98.87% |
| 10 | Mach Natural Resources | 2.24 Bn | 2.18 Bn | 184.99 Mn | 64.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 64.70% |
| Dec 31, 2025 | 128.01% |
| Sep 30, 2025 | 78.35% |
| Jun 30, 2025 | 82.82% |
| Mar 31, 2025 | 78.50% |
| Dec 31, 2024 | 136.44% |
| Sep 30, 2024 | 96.17% |
| Jun 30, 2024 | 80.63% |
| Mar 31, 2024 | 94.67% |
| Dec 31, 2023 | 54.17% |
| Sep 30, 2023 | 95.63% |
| Jun 30, 2023 | 95.90% |
| Mar 31, 2023 | 82.93% |
| Dec 31, 2022 | 108.48% |
| Sep 30, 2022 | 95.10% |