Mach Natural Resources (MNR) Operating Margin (2022 - 2026)
Mach Natural Resources' Operating Margin came in at 30.17% for Q2 2026, down 8.41 percentage points from 38.58% a year earlier but up 33.56 percentage points from the prior quarter.
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Analysis
Mach Natural Resources (MNR) Operating Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mach Natural Resources reported Operating Margin of 14.40%, down 17.04 percentage points year-over-year; for FY2025, it was 20.84%, down 9.17 percentage points from FY2024.
- Operating Margin has declined in each of the last three years, with a four-year change of -18.75 percentage points (FY2021 to FY2025).
- Going back by year, Operating Margin was 30.01% in FY2024 (-17.10 pp), 47.11% in FY2023 (-8.61 pp), 55.73% in FY2022 (+16.13 pp) and 39.59% in FY2021.
- The five-year range for quarterly Operating Margin is -7.04% (Q3 2025) to 59.12% (Q3 2022).
- Year-over-year, Operating Margin increased in two of the last eight quarters, with an average year-over-year change of -13.01 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q2 2025 (a gain of 9.21 percentage points), and the weakest in Q3 2025 (a drop of 44.12 percentage points).
- Business Quant data shows MNR's Operating Margin at -3.40% (Q1 2026), 26.11% (Q4 2025) and -7.04% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 28.46% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | -28.44% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 5.19% |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 53.17% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 36.94% |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | -74.35% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 30.46% |
| 10 | Mach Natural Resources | 1.72 Bn | 1.53 Bn | 347.63 Mn | 30.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.17% |
| Mar 31, 2026 | -3.40% |
| Dec 31, 2025 | 26.11% |
| Sep 30, 2025 | -7.04% |
| Jun 30, 2025 | 38.58% |
| Mar 31, 2025 | 22.79% |
| Dec 31, 2024 | 24.91% |
| Sep 30, 2024 | 37.07% |
| Jun 30, 2024 | 29.37% |
| Mar 31, 2024 | 28.12% |
| Dec 31, 2023 | 44.71% |
| Sep 30, 2023 | 47.75% |
| Jun 30, 2023 | 48.01% |
| Mar 31, 2023 | 48.60% |
| Dec 31, 2022 | 52.12% |
| Sep 30, 2022 | 59.12% |
API Access
Mach Natural Resources Operating 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=operating-margin&ticker=MNR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=MNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();