Mach Natural Resources (MNR) Return on Capital Employed [ROCE] (2023 - 2026)
Mach Natural Resources' Return on Capital Employed [ROCE] was 5.86% in Q2 2026, down 9.78 percentage points from 15.64% a year earlier but up 0.34 percentage points from the prior quarter.
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Analysis
Mach Natural Resources (MNR) Return on Capital Employed [ROCE] (2023 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Mach Natural Resources came in at 9.08%, down 5.70 percentage points from FY2024.
- In earlier years, Return on Capital Employed [ROCE] was 14.78% in FY2024 (-12.40 pp) and 27.18% in FY2023.
- Quarterly Return on Capital Employed [ROCE] has moved between 5.52% (Q1 2026) and 25.57% (Q4 2023) over five years.
- Compared with a year earlier, Return on Capital Employed [ROCE] has declined for seven straight quarters, with an average year-over-year change of -7.13 percentage points over the last seven quarters.
- Per Business Quant data, MNR's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was 5.52% (Q1 2026), 7.17% (Q4 2025) and 7.55% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | 12.28% |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | 19.08% |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | -29.93% |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | - |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | 5.20% |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | 28.17% |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | - |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | -190.97% |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | - |
| 10 | Mach Natural Resources | 1.72 Bn | 1.53 Bn | 347.63 Mn | 5.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.86% |
| Mar 31, 2026 | 5.52% |
| Dec 31, 2025 | 7.17% |
| Sep 30, 2025 | 7.55% |
| Jun 30, 2025 | 15.64% |
| Mar 31, 2025 | 13.71% |
| Dec 31, 2024 | 14.70% |
| Sep 30, 2024 | 16.93% |
| Jun 30, 2024 | 16.53% |
| Mar 31, 2024 | 17.01% |
| Dec 31, 2023 | 25.57% |
API Access
Mach Natural Resources Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=MNR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=MNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();