Mach Natural Resources (MNR) Gross Margin (2022 - 2026)
Mach Natural Resources' (MNR) quarterly Gross Margin came in at 64.7% in Q1 2026, down 1380.0% year-on-year from 5.05% in Q1 2025, and down 10.79% on a QoQ basis from 72.53% 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.
- On a quarterly basis, Gross Margin fell 1380.0% year-over-year to 64.7% in Q1 2026; TTM through Mar 2026 was 74.41%, a 590.0% decrease from a year earlier, with the FY2025 full-year figure at 77.56%, down 383.0% from the prior year.
- Gross Margin for Q1 2026 stood at 64.7%, down from 72.53% in the prior quarter.
- Over the last five years, Gross Margin for MNR reached as high as 90.39% in Q3 2022 and fell as low as 64.7% in Q1 2026.
- Historically, Gross Margin has averaged 80.94% across 5 years, with a median of 82.82% in 2025.
- Across the five-year window, Gross Margin surged 219 bps in 2025 and plunged 1380 bps in 2026, its largest moves.
- Year by year, Gross Margin stood at 88.28% in 2022, then declined by 6 bps to 83.27% in 2023, then declined by 5 bps to 79.05% in 2024, then dropped by 8 bps to 72.53% in 2025, then retreated by 11 bps to 64.7% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 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 | 141.43 Bn | 135.06 Bn | 9.48 Bn | 60.14% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 99.43% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 89.26% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 93.19% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 78.73% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 80.17% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 95.79% |
| 10 | Mach Natural Resources | 2.25 Bn | 2.19 Bn | 184.99 Mn | 64.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |