Matador Resources (MTDR) Gross Margin (2015 - 2026)
Matador Resources (MTDR) posted Gross Margin of 94.07% for Q3 2026, down 0.67 percentage points from 94.75% a year earlier and down 0.83 percentage points from the prior quarter.
Matador Resources (MTDR) Gross Margin (2015 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Margin at Matador Resources was 94.03%, down 0.97 percentage points year-over-year; for FY2025, it was 94.37%, down 0.86 percentage points from FY2024.
- Annual Gross Margin has declined for three consecutive years, with a five-year change of -0.82 percentage points (FY2020 to FY2025).
- In prior years, Matador Resources' Gross Margin was 95.22% in FY2024 (-0.37 pp), 95.60% in FY2023 (-1.41 pp), 97.01% in FY2022 (+0.31 pp) and 96.70% in FY2021 (+1.51 pp).
- Quarterly Gross Margin has run from a low of 92.62% in Q4 2025 to a high of 97.74% in Q2 2022 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last nine quarters, with an average year-over-year change of -0.78 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2021, with a gain of 2.49 percentage points; the weakest was Q1 2023, with a drop of 2.57 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 94.90% (Q2 2026), 94.13% (Q1 2026) and 92.62% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 41.92% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 46.11% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 47.31% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 62.99% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 13.53% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 83.69% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 20.76% |
| 10 | Matador Resources | 6.62 Bn | 6.90 Bn | 1.31 Bn | 94.07% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 94.07% |
| Jun 30, 2026 | 94.90% |
| Mar 31, 2026 | 94.13% |
| Dec 31, 2025 | 92.62% |
| Sep 30, 2025 | 94.75% |
| Jun 30, 2025 | 95.20% |
| Mar 31, 2025 | 94.89% |
| Dec 31, 2024 | 95.17% |
| Sep 30, 2024 | 95.14% |
| Jun 30, 2024 | 95.64% |
| Mar 31, 2024 | 94.97% |
| Dec 31, 2023 | 96.21% |
| Sep 30, 2023 | 96.01% |
| Jun 30, 2023 | 95.28% |
| Mar 31, 2023 | 94.49% |
| Dec 31, 2022 | 95.85% |
| Sep 30, 2022 | 97.10% |
| Jun 30, 2022 | 97.74% |
| Mar 31, 2022 | 97.07% |
| Dec 31, 2021 | 96.98% |
Matador 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=MTDR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MTDR", "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=MTDR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();