Matador Resources (MTDR) Gross Margin (2011 - 2026)
Matador Resources' (MTDR) quarterly Gross Margin came in at 98.4% in Q2 2026, up 18.0% year-over-year from 83.39% in Q2 2025, and little changed quarter-over-quarter from 98.42% in Q1 2026.
Analysis
Matador Resources (MTDR) Gross Margin (2011 - 2026) Analysis & Trends
Matador Resources (MTDR) has reported Gross Margin for 16 consecutive years, with 98.4% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 18.0% year-over-year to 98.4% in Q2 2026; TTM through Jun 2026 was 98.33%, a 26.0% increase from a year earlier, with the FY2025 full-year figure at 94.37%, down 86.0% from the prior year.
- Gross Margin was 98.4% for Q2 2026 at Matador Resources, roughly flat from 98.42% in the prior quarter.
- Over five years, Gross Margin peaked at 144.32% in Q4 2024 and troughed at 90.16% in Q1 2023.
- A 5-year average of 97.83% and a median of 91.28% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 2799 bps in 2024 and tumbled 3824 bps in 2025, its largest moves.
- Over 5 years, Gross Margin stood at 91.1% in 2022, then advanced by 28 bps to 116.33% in 2023, then increased by 24 bps to 144.32% in 2024, then slipped by 26 bps to 106.08% in 2025, then decreased by 7 bps to 98.4% in 2026.
- The last three Gross Margin figures came in at 98.4% (Q2 2026), 98.42% (Q1 2026), and 106.08% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 165.59 Bn | 157.90 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 107.09 Bn | 105.19 Bn | 8.84 Bn | 82.99% |
| 3 | Eog Resources | 77.05 Bn | 72.15 Bn | - | - |
| 4 | Diamondback Energy | 57.32 Bn | 56.86 Bn | 5.55 Bn | 99.84% |
| 5 | Devon Energy | 46.11 Bn | 45.10 Bn | 6.02 Bn | 81.22% |
| 6 | Expand Energy | 22.90 Bn | 21.64 Bn | 2.33 Bn | 78.58% |
| 7 | Permian Resources | 19.91 Bn | 19.65 Bn | - | - |
| 8 | Ovintiv | 17.99 Bn | 17.10 Bn | 2.83 Bn | 93.93% |
| 9 | Apa | 15.79 Bn | 15.34 Bn | 2.28 Bn | 94.91% |
| 10 | Matador Resources | 7.63 Bn | 7.59 Bn | 1.17 Bn | 98.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 98.40% |
| Mar 31, 2026 | 98.42% |
| Dec 31, 2025 | 106.08% |
| Sep 30, 2025 | 91.15% |
| Jun 30, 2025 | 98.22% |
| Mar 31, 2025 | 98.02% |
| Dec 31, 2024 | 144.32% |
| Sep 30, 2024 | 91.92% |
| Jun 30, 2024 | 91.02% |
| Mar 31, 2024 | 91.09% |
| Dec 31, 2023 | 116.33% |
| Sep 30, 2023 | 90.72% |
| Jun 30, 2023 | 90.46% |
| Mar 31, 2023 | 90.16% |
| Dec 31, 2022 | 91.10% |
| Sep 30, 2022 | 91.34% |
| Jun 30, 2022 | 91.21% |
| Mar 31, 2022 | 90.98% |
| Dec 31, 2021 | 90.74% |
| Sep 30, 2021 | 90.61% |