MTDRNYSECrude Petroleum & Natural GasFiscal year ends December 31
Matador Resources Co
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$57.38−0.14 (-0.24%)
Close on Oct 19, 2026
- Market cap
- $7.12B
- P/E (TTM)
- 9.8
- Dividend yield
- 2.29%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
94.4%−0.8 pts over 5 years
Operating margin
33.2%+93.7 pts over 5 years
Net margin
20.5%+89.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +5.5% | +6.5% | +33.8% | +27.8% | |
| Gross profit | +4.5% | +5.6% | +33.6% | – | |
| Operating income | -14.5% | -11.3% | – | – | |
| Net income | -14.2% | -14.5% | – | – | |
| EPS, diluted | -14.7% | -15.5% | – | – | |
| Free cash flow | – | -33.5% | – | – | |
| Dividend per share | +54.4% | +63.6% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -16.5% | -38.0% | 14.1% | |
| Return on assets | -7.5% | -15.3% | 6.7% | |
| Current ratio | 1.65 | 0.90 | 0.79 | |
| Interest coverage | -6.3× | -6.8× | 5.9× | |
| Capex to revenue | 171.8% | 83.7% | 58.3% | |
| Diluted shares | 91M | 116M | 125M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Matador Resources generated $9.57B from operations and spent $11.64B on capital expenditure, dividends and share buybacks. 96% of that went back into the business.
Generated
$9.57B
Used
$11.64B
Capital expenditure$11.19B96%Dividends$394.97M3%Share buybacks$55.85M0%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin20.5%
×Asset turnover0.33×
×Equity multiplier2.10×
=Return on equity, FY202514.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 20.5% | 0.33× | 2.10× | 14.1% |
| FY2024 | 25.3% | 0.38× | 2.06× | 19.7% |
| FY2023 | 30.1% | 0.42× | 1.89× | 24.1% |
| FY2022 | 39.7% | 0.62× | 1.96× | 48.4% |
| FY2021 | 35.2% | 0.42× | 2.49× | 36.6% |
| FY2020 | -68.8% | 0.22× | 2.49× | -38.0% |
| FY2019 | 8.9% | 0.26× | 2.14× | 5.0% |
| FY2018 | 30.5% | 0.32× | 1.97× | 19.3% |
| FY2017 | 23.1% | 0.30× | 1.96× | 13.6% |
| FY2016 | -36.8% | 0.20× | 2.21× | -16.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$759.22M
- Cash generatingOperating cash flow above zero$2.43B
- Return on assets improvedROA up on the prior year11.5% → 7.0%
- Earnings backed by cashOperating cash flow above net income$2.43B vs $759.22M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose0.93 → 0.79
- No dilutionShare count did not rise124M → 125M
- Gross margin improvedGross margin up on the prior year95.22% → 94.37%
- More efficientAsset turnover rose0.45 → 0.34