Mach Natural Resources (MNR) Gross Margin (2022 - 2026)
Mach Natural Resources (MNR) posted quarterly Gross Margin of 64.7% for Q1 2026, down 1380.0% year-over-year from 5.05% in Q1 2025, and down 10.79% quarter-over-quarter from 72.53% in Q4 2025.
Mach Natural Resources (MNR) Gross Margin (2022 - 2026) Analysis & Trends
Mach Natural Resources (MNR) has reported Gross Margin for 5 consecutive years, with 64.7% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 1380.0% year-over-year to 64.7%; the TTM figure through Mar 2026 stood at 74.41% (down 590.0% YoY), while the FY2025 annual figure was 77.56%, down 383.0% from the prior year.
- Gross Margin declined to 64.7% in Q1 2026 per MNR's latest filing, from 72.53% in the prior quarter.
- Across five years, Gross Margin topped out at 90.39% in Q3 2022 and bottomed at 64.7% in Q1 2026.
- Historically, Gross Margin has averaged 80.94% across 5 years, with a median of 82.82% in 2025.
- Annual changes were most pronounced in 2025 — Gross Margin jumped 219 bps — and 2026, when it slumped 1380 bps.
- Mach Natural Resources' Gross Margin stood at 88.28% in 2022, then slipped by 6 bps to 83.27% in 2023, then slipped by 5 bps to 79.05% in 2024, then decreased by 8 bps to 72.53% in 2025, then declined by 11 bps to 64.7% in 2026.
- Business Quant data shows MNR's Gross Margin at 64.7% in Q1 2026, 72.53% 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 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 85.63% |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | - |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 99.84% |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 81.22% |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 91.41% |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 95.88% |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 78.73% |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Mach Natural Resources | 2.11 Bn | 2.07 Bn | 308.23 Mn | 75.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 75.93% |
| Mar 31, 2026 | 64.70% |
| Dec 31, 2025 | 72.53% |
| Sep 30, 2025 | 78.35% |
| Jun 30, 2025 | 82.82% |
| Mar 31, 2025 | 78.50% |
| Dec 31, 2024 | 79.05% |
| Sep 30, 2024 | 82.77% |
| Jun 30, 2024 | 80.63% |
| Mar 31, 2024 | 82.96% |
| Dec 31, 2023 | 83.27% |
| Sep 30, 2023 | 83.53% |
| Jun 30, 2023 | 83.34% |
| Mar 31, 2023 | 82.93% |
| Dec 31, 2022 | 88.28% |
| Sep 30, 2022 | 90.39% |