Mach Natural Resources (MNR) Gross Margin (2022 - 2026)
Mach Natural Resources' Gross Margin was 85.63% in Q2 2026, down 0.07 percentage points from 85.70% a year earlier but up 10.54 percentage points from the prior quarter.
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Analysis
Mach Natural Resources (MNR) Gross Margin (2022 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mach Natural Resources' Gross Margin was 83.19% through Jun 30, 2026, down 2.07 percentage points year-over-year; for FY2025, it was 84.85%, down 0.64 percentage points from FY2024.
- Gross Margin shows a four-year change of +2.41 percentage points (FY2021 to FY2025).
- In earlier years, Gross Margin was 85.50% in FY2024 (-4.22 pp), 89.71% in FY2023 (+6.49 pp), 83.23% in FY2022 (+0.79 pp) and 82.44% in FY2021.
- Quarterly Gross Margin has moved between 75.09% (Q1 2026) and 90.47% (Q3 2023) over five years.
- Compared with a year earlier, Gross Margin was higher in 1 of the last eight quarters, with an average year-over-year change of -2.39 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q4 2023 (a gain of 6.64 percentage points); the worst was Q1 2026 (a drop of 7.66 percentage points).
- Per Business Quant data, MNR's Gross Margin in the three quarters before Q2 2026 was 75.09% (Q1 2026), 85.97% (Q4 2025) and 84.11% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 742.51 Bn | 698.99 Bn | - | - |
| 2 | Chevron | 445.06 Bn | 417.18 Bn | 33.45 Bn | 47.75% |
| 3 | Shell | 310.78 Bn | 240.53 Bn | 30.13 Bn | 31.83% |
| 4 | TotalEnergies SE | 197.34 Bn | 77.92 Bn | 61.77 Bn | 100.00% |
| 5 | Conocophillips | 177.35 Bn | 150.05 Bn | 12.81 Bn | 65.62% |
| 6 | Equinor Asa | 118.67 Bn | 33.12 Bn | - | - |
| 7 | Phillips 66 | 116.93 Bn | 104.72 Bn | 8.38 Bn | 16.10% |
| 8 | Canadian Natural Resources | 113.22 Bn | 110.23 Bn | 8.84 Bn | 82.99% |
| 9 | Suncor Energy | 95.47 Bn | 81.22 Bn | - | - |
| 10 | Mach Natural Resources | 1.80 Bn | 1.61 Bn | 347.63 Mn | 85.63% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 85.63% |
| Mar 31, 2026 | 75.09% |
| Dec 31, 2025 | 85.97% |
| Sep 30, 2025 | 84.11% |
| Jun 30, 2025 | 85.70% |
| Mar 31, 2025 | 82.75% |
| Dec 31, 2024 | 84.77% |
| Sep 30, 2024 | 87.47% |
| Jun 30, 2024 | 86.57% |
| Mar 31, 2024 | 83.02% |
| Dec 31, 2023 | 89.87% |
| Sep 30, 2023 | 90.47% |
| Jun 30, 2023 | 89.88% |
| Mar 31, 2023 | 88.70% |
| Dec 31, 2022 | 83.23% |
| Sep 30, 2022 | 84.94% |
API Access
Mach Natural Resources Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MNR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MNR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();