MTDR · Matador Resources Co - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $941.60M | - | $939.01M | $925.68M | $1.01B | - | $899.78M | $855.20M | $787.69M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $39.02M | - | $36.79M | $32.19M | $33.73M | - | $28.79M | $27.91M | $29.65M | - |
| Total Operating Expenses | $162.75M | - | $130.50M | $116.29M | $115.92M | - | $507.73M | $483.52M | $468.74M | - |
| D&A | $292.70M | - | $305.35M | $302.60M | $281.89M | - | $242.82M | $225.93M | $212.31M | - |
| Operating Income | $46.82M | - | $305.98M | $288.66M | $389.15M | - | $392.06M | $363.62M | $318.95M | - |
| Interest Expense | $51.52M | - | $36.17M | $53.34M | $39.56M | - | $36.17M | $35.99M | $39.56M | - |
| Income Tax | ($684.0K) | - | $59.13M | $56.46M | $82.92M | - | $85.32M | $77.99M | $66.78M | - |
| Net Income | ($35.87M) | - | $176.36M | $150.22M | $240.09M | - | $248.29M | $228.77M | $193.73M | - |
| EPS - Basic | ($0.29) | - | $1.42 | $1.21 | $1.92 | - | $1.99 | $1.83 | $1.62 | - |
| EPS - Diluted | ($0.29) | - | $1.42 | $1.21 | $1.92 | - | $1.99 | $1.83 | $1.61 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $30.45M | $15.31M | $20.15M | $10.52M | $14.52M | $23.03M | $23.28M | $15.24M | $23.21M | $52.66M |
| Accounts Receivable | $412.07M | $286.16M | $301.80M | $336.08M | $310.88M | $331.59M | $297.76M | $294.02M | $278.15M | $274.19M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $540.62M | - | $125.62M | $143.74M | $129.04M | $147.14M | $114.21M | $96.24M | $121.82M | $68.19M |
| Current Assets | $1.08B | $816.57M | $916.84M | $915.85M | $891.13M | $927.35M | $847.19M | $738.44M | $754.13M | $715.87M |
| Total Assets | $12.17B | $11.71B | $11.65B | $11.28B | $11.08B | $10.85B | $10.62B | $8.52B | $8.23B | $7.73B |
| Current Liabilities | $1.48B | $1.03B | $1.26B | $1.07B | $1.13B | $995.36M | $965.96M | $856.54M | $851.34M | $685.27M |
| Long-term Debt | $3.47B | $3.40B | $3.22B | $3.29B | $3.18B | $3.33B | - | - | - | $2.21B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $5.58B | $5.66B | $5.51B | $5.37B | $5.29B | $5.09B | $4.87B | $4.63B | $4.42B | $3.91B |
| Retained Earnings | $3.07B | $3.15B | $3.01B | $2.87B | $2.76B | $2.56B | $2.37B | $2.15B | $1.95B | $1.78B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $470.55M | - | - | - | $727.88M | - | - | - | $468.56M | - |
| Investing Cash Flow | ($457.94M) | - | - | - | ($511.66M) | - | - | - | ($543.32M) | - |
| Financing Cash Flow | $387.0K | - | - | - | ($233.44M) | - | - | - | $42.78M | - |
| CapEx | $496.93M | - | $643.36M | $491.41M | $554.28M | - | $2.21B | $523.93M | $638.56M | - |
| Free Cash Flow | ($26.38M) | - | - | - | $173.60M | - | - | - | ($170.00M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 5.0% | - | 32.6% | 31.2% | 38.4% | - | 43.6% | 42.5% | 40.5% | - |
| EBITDA margin | 36.1% | - | 65.1% | 63.9% | 66.2% | - | 70.6% | 68.9% | 67.4% | - |
| Net margin | -3.8% | - | 18.8% | 16.2% | 23.7% | - | 27.6% | 26.8% | 24.6% | - |
| Free cash flow margin | -2.8% | - | - | - | 17.1% | - | - | - | -21.6% | - |
| FCF / Net income | 0.74 | - | - | - | 0.72 | - | - | - | -0.88 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 4.1% | - | 3.9% | 3.5% | 3.3% | - | 3.2% | 3.3% | 3.8% | - |
| Effective tax rate | - | - | 25.1% | 27.3% | 25.7% | - | 25.6% | 25.4% | 25.6% | - |
| Return on assets | -0.3% | - | 1.5% | 1.3% | 2.2% | - | 2.3% | 2.7% | 2.4% | - |
| Return on equity | -0.6% | - | 3.2% | 2.8% | 4.5% | - | 5.1% | 4.9% | 4.4% | - |
| Return on invested capital | 0.4% | - | 2.6% | 2.4% | 3.4% | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.73 | 0.79 | 0.73 | 0.85 | 0.79 | 0.93 | 0.88 | 0.86 | 0.89 | 1.04 |
| Quick ratio | 0.73 | 0.79 | 0.73 | 0.85 | 0.79 | 0.93 | 0.88 | 0.86 | 0.89 | 1.04 |
| Cash ratio | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.08 |
| Leverage | ||||||||||
| Debt / Equity | 0.62 | 0.60 | 0.58 | 0.61 | 0.60 | 0.65 | - | - | - | 0.56 |
| Debt / Assets | 0.28 | 0.29 | 0.28 | 0.29 | 0.29 | 0.31 | - | - | - | 0.29 |
| Debt / EBITDA | 10.22 | - | 5.27 | 5.56 | 4.73 | - | - | - | - | - |
| Interest coverage | 0.9x | - | 8.5x | 5.4x | 9.8x | - | 10.8x | 10.1x | 8.1x | - |
| Equity multiplier | 2.18 | 2.07 | 2.12 | 2.10 | 2.10 | 2.13 | 2.18 | 1.84 | 1.86 | 1.98 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.08 | - | 0.08 | 0.08 | 0.09 | - | 0.08 | 0.10 | 0.10 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 160d | - | 117d | 133d | 112d | - | 121d | 125d | 129d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | 31.6x | 39.4x | 26.6x | - | 24.8x | 32.6x | 41.5x | - |
| P / B | 1.4x | - | 1.0x | 1.1x | 1.2x | - | 1.3x | 1.6x | 1.8x | - |
| P / S | 8.3x | - | 6.0x | 6.4x | 6.3x | - | 6.9x | 8.7x | 10.2x | - |
| EV / EBITDA | 33.1x | - | 14.4x | 15.6x | 14.3x | - | 9.7x | 12.6x | 15.1x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -7.1% | - | 4.4% | 8.2% | 28.7% | - | 16.5% | 31.6% | 39.7% | - |
| Revenue CAGR (3y) | 18.7% | - | 3.2% | -1.7% | 15.2% | - | 20.0% | 24.5% | 32.8% | - |
| Revenue CAGR (5y) | 22.9% | - | 33.5% | 44.4% | 22.2% | - | 26.4% | 28.8% | 29.5% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -88.0% | - | -22.0% | -20.6% | 22.0% | - | 15.3% | 44.1% | 26.9% | - |
| Net income growth (YoY) | - | - | -29.0% | -34.3% | 23.9% | - | -5.9% | 38.9% | 18.8% | - |
| EPS growth (YoY) | - | - | -28.6% | -33.9% | 19.3% | - | -9.5% | 33.6% | 18.4% | - |
| EPS CAGR (3y) | - | - | -20.4% | -29.6% | 3.5% | - | 5.2% | 27.2% | 46.7% | - |
| EPS CAGR (5y) | - | - | - | - | 12.2% | - | 39.3% | 42.6% | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 5.6% | 11.2% | 13.0% | 15.9% | 19.7% | 30.1% | 33.0% | 36.1% | 35.8% | 25.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$6.90B totalOil And Gas$3.24B · 47.0%
Oil Reserves$2.84B · 41.2%
Natural Gas Reserves$398.58M · 5.8%
Natural Gas Sales$253.03M · 3.7%
Natural Gas Midstream$164.73M · 2.4%
Peer comparison
Same SIC group: Crude Petroleum & Natural Gas
Comparing Matador Resources Co against the 5 most active filers in the same SIC group.
Dividends
$1.44/share trailing 12 months · +33.6% YoY
| Ex-date | Per share |
|---|---|
| May 8, 2026 | $0.3750 |
| Feb 27, 2026 | $0.3750 |
| Nov 10, 2025 | $0.3750 |
| Aug 15, 2025 | $0.3130 |
| May 9, 2025 | $0.3130 |
| Feb 28, 2025 | $0.3130 |
| Nov 15, 2024 | $0.2500 |
| Aug 15, 2024 | $0.2000 |
| May 16, 2024 | $0.2000 |
| Feb 22, 2024 | $0.2000 |
| Nov 9, 2023 | $0.2000 |
| Aug 10, 2023 | $0.1500 |
| May 10, 2023 | $0.1500 |
| Feb 24, 2023 | $0.1500 |
| Nov 9, 2022 | $0.1000 |
| Aug 16, 2022 | $0.1000 |
| May 17, 2022 | $0.0500 |
| Mar 3, 2022 | $0.0500 |
| Nov 9, 2021 | $0.0500 |
| Aug 11, 2021 | $0.0250 |
| May 12, 2021 | $0.0250 |
| Mar 23, 2021 | $0.0250 |