MTDR Financials Matador Resources Co

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Jun 29, 2026, 13:08 UTC Overview →

Growth & profitability

Revenue has grown 33.8% per year over the past 5 years.
Operating margin has expanded, at 33.5% in the latest year.

Financial health

Total debt ($3.4B) exceeds cash ($15M); net debt is $3.4B.
Total debt has grown faster than revenue (43.1% vs 33.8% per year).
Operating income covered interest expense 5.9× in the latest year.
Total debt is 1.4× EBITDA.

Shareholder returns

Dividends have been paid for 5 consecutive years, consuming 21.5% of earnings and 60.5% of free cash flow.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$3.7B	$759M	94.3%	33.5%	13.4%	6.5%	$270M	$3.4B	$15M
2024	$3.5B	$885M	95.2%	41.2%	17.4%	8.2%	-$1.7B	$3.3B	$23M
2023	$2.8B	$846M	95.6%	42.9%	21.6%	10.9%	-$1.4B	$2.2B	$53M
2022	$3.2B	$1.2B	97.0%	55.0%	39.0%	21.9%	$915M	$1.2B	$505M
2021	$1.9B	$585M	96.7%	42.6%	30.7%	13.7%	$215M	—	$48M
2020	$851M	-$593M	95.1%	-61.3%	-46.1%	-16.1%	-$244M	—	$58M
2019	$1.0B	$88M	0.0%	22.9%	4.8%	2.2%	-$394M	—	$40M
2018	$830M	$274M	0.0%	43.8%	16.2%	7.9%	-$896M	—	$65M
2017	—	$126M	—	—	10.9%	5.9%	-$574M	—	$97M
2016	—	-$97M	—	—	-14.1%	-6.7%	-$320M	—	$213M
2015	—	-$680M	—	—	-139.2%	-59.6%	-$490M	—	$17M
2014	—	$111M	—	—	12.8%	7.7%	-$359M	—	$8M
2013	—	$45M	—	—	7.9%	5.1%	—	—	$6M
2012	—	-$33M	—	—	-8.8%	-5.3%	—	—	$2M
2011	—	-$10M	—	—	-3.8%	-2.3%	—	—	$10M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Mar '26	$942M	-$36M	0.0%	5.0%	-0.6%	-0.3%	-$26M	$3.5B	$30M
Dec '25	$810M	$193M	0.0%	30.0%	3.4%	1.6%	$8M	$3.4B	$15M
Sep '25	$915M	$176M	0.0%	33.4%	3.2%	1.5%	$78M	$3.2B	$20M
Jun '25	$926M	$150M	0.0%	31.2%	2.8%	1.3%	$10M	$3.3B	$11M
Mar '25	$1.0B	$240M	0.0%	38.7%	4.5%	2.2%	$174M	$3.2B	$15M
Dec '24	$978M	$215M	0.0%	36.8%	4.2%	2.0%	$45M	$3.3B	$23M
Sep '24	$860M	$248M	0.0%	45.6%	5.1%	2.3%	-$1.6B	—	$23M
Jun '24	$855M	$229M	0.0%	42.5%	4.9%	2.7%	$69M	—	$15M
Mar '24	$785M	$194M	0.0%	40.6%	4.4%	2.4%	-$170M	—	$23M
Dec '23	$832M	$255M	0.0%	43.9%	6.5%	3.3%	$10M	$2.2B	$53M
Sep '23	$772M	$264M	0.0%	44.1%	7.2%	3.5%	$155M	—	$26M
Jun '23	$650M	$165M	0.0%	38.8%	4.8%	2.3%	-$1.5B	—	$22M
Mar '23	$564M	$163M	0.0%	44.6%	5.0%	2.8%	$6M	—	$449M
Dec '22	$705M	$254M	0.0%	52.7%	8.2%	4.6%	$238M	$1.2B	$505M
Sep '22	$854M	$338M	0.0%	56.6%	11.8%	6.4%	$226M	—	$400M
Jun '22	$975M	$416M	0.0%	61.0%	16.4%	8.4%	$382M	—	$230M
Mar '22	$663M	$207M	0.0%	46.6%	9.8%	4.5%	$70M	—	$63M
Dec '21	$562M	$215M	0.0%	57.8%	11.3%	5.0%	-$75M	—	$48M
Sep '21	$521M	$204M	0.0%	44.2%	12.1%	5.1%	$124M	—	$73M
Jun '21	$443M	$106M	0.0%	32.8%	7.2%	2.8%	$142M	—	$45M

Valuation over time

How the market has priced MTDR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 4.9× (Mar '23) to 9.1× (Nov '26).
The price-to-sales ratio has risen from 1.8× (Mar '23) to 1.9× (Nov '26).
The dividend yield has risen from 0.6% (Mar '23) to 2.4% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is MTDR growing its revenue and profit?

Over the past 5 years, Matador Resources Co's revenue has grown 33.8% per year. These are computed facts, not advice.

How much debt does MTDR have?

As of FY2025, Matador Resources Co reported $3.4B of total debt against $15M of cash; operating income covered interest expense 5.9×.

What is MTDR's profit margin?

In FY2025, gross margin was 94.3%, operating margin 33.5%, and net margin 20.8%.

What is MTDR's P/E ratio?

Matador Resources Co's P/E (TTM) is 9.54 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the MTDR stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 9.1× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.