Matador Resources (MTDR) Return on Invested Capital [ROIC] (2012 - 2026)
Matador Resources' Return on Invested Capital [ROIC] was 11.88% in Q3 2026, down 3.10 percentage points from 14.98% a year earlier and down 1.36 percentage points from the prior quarter.
Powered by 
Analysis
Matador Resources (MTDR) Return on Invested Capital [ROIC] (2012 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Matador Resources came in at 12.72%, down 1.87 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now declined for three consecutive years, though with a five-year change of +32.80 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 14.59% in FY2024 (-3.99 pp), 18.58% in FY2023 (-19.30 pp), 37.87% in FY2022 (+8.88 pp) and 28.99% in FY2021 (+49.07 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between 10.73% (Q1 2026) and 39.40% (Q2 2022) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for three straight quarters, with an average year-over-year change of -3.16 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q1 2022 (a gain of 55.93 percentage points); the worst was Q3 2023 (a drop of 18.34 percentage points).
- Per Business Quant data, MTDR's Return on Invested Capital [ROIC] in the three quarters before Q3 2026 was 13.25% (Q2 2026), 10.73% (Q1 2026) and 14.35% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 13.86% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 12.13% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 9.03% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 25.32% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 57.33% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 25.31% |
| 10 | Matador Resources | 6.62 Bn | 6.90 Bn | 1.31 Bn | 11.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.88% |
| Jun 30, 2026 | 13.25% |
| Mar 31, 2026 | 10.73% |
| Dec 31, 2025 | 14.35% |
| Sep 30, 2025 | 14.98% |
| Jun 30, 2025 | 16.17% |
| Mar 31, 2025 | 14.92% |
| Dec 31, 2024 | 14.36% |
| Sep 30, 2024 | 18.62% |
| Jun 30, 2024 | 21.02% |
| Mar 31, 2024 | 17.99% |
| Dec 31, 2023 | 17.91% |
| Sep 30, 2023 | 20.74% |
| Jun 30, 2023 | 24.13% |
| Mar 31, 2023 | 30.84% |
| Dec 31, 2022 | 33.63% |
| Sep 30, 2022 | 39.08% |
| Jun 30, 2022 | 39.40% |
| Mar 31, 2022 | 31.76% |
| Dec 31, 2021 | 28.42% |
API Access
Matador Resources Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=MTDR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=MTDR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();