Mach Natural Resources (MNR) Gross Margin (2022 - 2026)
Mach Natural Resources' (MNR) quarterly Gross Margin came in at 75.93% in Q2 2026, down 689.0% year-over-year from 12.89% in Q2 2025, and up 17.35% quarter-over-quarter from 64.7% in Q1 2026.
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Mach Natural Resources (MNR) Gross Margin (2022 - 2026) Analysis & Trends
Mach Natural Resources (MNR) has reported Gross Margin for 5 consecutive years, with 75.93% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 689.0% year-over-year to 75.93% in Q2 2026; TTM through Jun 2026 was 73.07%, a 789.0% decrease from a year earlier, with the FY2025 full-year figure at 77.56%, down 383.0% from the prior year.
- Gross Margin was 75.93% for Q2 2026 at Mach Natural Resources, up from 64.7% in the prior quarter.
- Over five years, Gross Margin peaked at 90.39% in Q3 2022 and troughed at 64.7% in Q1 2026.
- A 5-year average of 80.62% and a median of 82.8% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 219 bps in 2025 and tumbled 1380 bps in 2026, its largest moves.
- Over 5 years, Gross Margin stood at 88.28% in 2022, then retreated by 6 bps to 83.27% in 2023, then retreated by 5 bps to 79.05% in 2024, then fell by 8 bps to 72.53% in 2025, then grew by 5 bps to 75.93% in 2026.
- The last three Gross Margin figures came in at 75.93% (Q2 2026), 64.7% (Q1 2026), and 72.53% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 82.99% |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | - |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | 99.84% |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 81.22% |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 78.58% |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | - |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 93.93% |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 94.91% |
| 10 | Mach Natural Resources | 2.12 Bn | 2.08 Bn | 308.23 Mn | 75.93% |
Historic Data
Download Data
Historic 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% |