MTDRMatador Resources Company

$55.26

Is the business good?

How good a business is MTDR?

Matador Resources Company earns 7.7% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

7.7%

Return on invested capital · cost of capital 9.0% · 1.3 points below what the capital costs: growth destroys value

Operating margin
26%

Operating margin · Oil & Gas E&P median 30% · 12 months to Q1 2026

Cash conversion
0.14×

Cash conversion · −1.41× a year ago · some of the reported profit has not turned into cash yet

Share count, year on year
−1.5%

Share count, year on year · bought back, each share owns more of the company

Operating margin by fiscal year
YearOperating margin
FY2020−60%
FY202148%
FY202258%
FY202343%
FY202441%
FY202533%
Details
Operating margin12 months to Q1 2026
26%
Net margin12 months to Q1 2026
14%
Free cash flow margin
2.1%
Revenue, trailing twelve months
$3.35B
Free cash flow, trailing twelve months
$70M
Net income, trailing twelve months
$483M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
7.7%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.