Mach Natural Resources (MNR) Financials

$13.44 +0.27 (+2.01%)

Closing price 04/17/2025 03:58 PM Eastern

Extended Trading

$13.44 +0.01 (+0.07%)

As of 04/17/2025 06:14 PM Eastern

Annual Income Statements for Mach Natural Resources

This table shows Mach Natural Resources' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	138	517	347	185
Consolidated Net Income / (Loss)	138	517	347	185
Net Income / (Loss) Continuing Operations	138	517	347	185
Total Pre-Tax Income	138	517	347	185
Total Operating Income	155	522	359	291
Total Gross Profit	324	684	556	648
Total Revenue	392	937	762	970
Total Cost of Revenue	69	253	206	321
Operating Cost of Revenue	69	253	206	321
Total Operating Expenses	168	162	197	357
Selling, General & Admin Expense	61	25	28	41
Marketing Expense	21	48	32	46
Depreciation Expense	3.15	4.52	6.47	9.02
Depletion Expense	38	84	131	262
Total Other Income / (Expense), net	-17	-5.54	-13	-106
Interest Expense	1.66	4.85	11	105
Other Income / (Expense), net	-15	-0.69	-1.39	-1.22
Basic Earnings per Share	$0.00	$0.00	$0.72	$1.90
Weighted Average Basic Shares Outstanding	0.00	0.00	94.91M	97.59M
Diluted Earnings per Share	$0.00	$0.00	$0.72	$1.90
Weighted Average Diluted Shares Outstanding	0.00	0.00	94.91M	97.70M
Weighted Average Basic & Diluted Shares Outstanding	-	-	95M	118.33M

This table shows Mach Natural Resources' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	92	78	83	94	42	40	67	37
Consolidated Net Income / (Loss)	92	78	83	94	42	40	67	37
Net Income / (Loss) Continuing Operations	92	78	83	94	42	40	67	37
Total Pre-Tax Income	92	78	83	94	42	40	67	37
Total Operating Income	93	80	84	102	67	70	95	59
Total Gross Profit	138	122	130	167	158	161	179	150
Total Revenue	192	167	175	228	239	240	256	235
Total Cost of Revenue	55	45	46	61	81	79	76	85
Operating Cost of Revenue	55	45	46	61	81	79	76	85
Total Operating Expenses	44	42	46	65	91	91	85	91
Selling, General & Admin Expense	4.64	5.26	5.36	12	10	11	9.39	9.71
Marketing Expense	8.67	6.85	7.66	8.70	13	11	9.78	12
Depreciation Expense	1.36	1.44	1.76	1.92	2.10	2.24	2.32	2.36
Depletion Expense	30	29	31	42	65	66	63	67
Total Other Income / (Expense), net	-1.70	-2.33	-0.26	-8.29	-26	-31	-27	-22
Interest Expense	1.81	1.98	2.05	5.36	26	27	27	24
Other Income / (Expense), net	0.11	-0.36	1.80	-2.94	0.74	-3.92	-0.52	2.48
Basic Earnings per Share	$0.00	$0.00	$0.00	$0.72	$0.44	$0.42	$0.70	$0.34
Weighted Average Basic Shares Outstanding	0.00	0.00	0.00	94.91M	95M	95.01M	96.86M	97.59M
Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.72	$0.44	$0.42	$0.70	$0.34
Weighted Average Diluted Shares Outstanding	0.00	0.00	0.00	94.91M	95.01M	95.19M	97.03M	97.70M
Weighted Average Basic & Diluted Shares Outstanding	-	-	-	95M	95M	95.04M	103.49M	118.33M

This table details how cash moves in and out of Mach Natural Resources' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Net Change in Cash & Equivalents	-0.87	-30	123	-47
Net Cash From Operating Activities	198	554	492	505
Net Cash From Continuing Operating Activities	198	554	492	505
Net Income / (Loss) Continuing Operations	138	517	347	185
Consolidated Net Income / (Loss)	138	517	347	185
Depreciation Expense	41	89	138	271
Amortization Expense	0.31	0.38	1.95	7.39
Non-Cash Adjustments To Reconcile Net Income	94	-20	-29	83
Changes in Operating Assets and Liabilities, net	-75	-32	35	-41
Net Cash From Investing Activities	-195	-373	-1,027	-306
Net Cash From Continuing Investing Activities	-195	-373	-1,027	-306
Purchase of Property, Plant & Equipment	-158	-143	-767	-137
Acquisitions	-38	-234	-302	-209
Sale of Property, Plant & Equipment	0.09	0.23	0.04	0.94
Divestitures	0.60	4.00	42	39
Net Cash From Financing Activities	-4.58	-211	659	-246
Net Cash From Continuing Financing Activities	-4.58	-211	659	-246
Repayment of Debt	-31	-0.90	-241	-63
Payment of Dividends	-146	-275	-101	-310
Issuance of Debt	73	0.00	879	0.00
Issuance of Common Equity	101	65	188	129
Other Financing Activities, net	-1.90	0.00	-66	-1.62

This table details how cash moves in and out of Mach Natural Resources' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-	3.78	16	9.89	94	-1.49	-6.68	40	-79
Net Cash From Operating Activities	-	147	128	107	110	144	117	111	134
Net Cash From Continuing Operating Activities	-	147	128	107	110	144	117	111	134
Net Income / (Loss) Continuing Operations	-	92	78	83	94	42	40	67	37
Consolidated Net Income / (Loss)	-	92	78	83	94	42	40	67	37
Depreciation Expense	-	31	30	33	44	67	68	66	70
Amortization Expense	-	0.12	0.08	0.03	1.72	1.27	2.23	2.03	1.87
Non-Cash Adjustments To Reconcile Net Income	-	-9.78	2.49	3.14	-25	71	-8.50	-41	62
Changes in Operating Assets and Liabilities, net	-	34	18	-13	-4.17	-37	16	17	-37
Net Cash From Investing Activities	-	-84	-104	-90	-749	-55	-31	-94	-127
Net Cash From Continuing Investing Activities	-	-84	-104	-90	-749	-55	-31	-94	-127
Purchase of Property, Plant & Equipment	-	-4.13	-1.29	-24	-738	-5.43	-2.86	-48	-81
Acquisitions	-	-80	-103	-69	-51	-50	-67	-46	-47
Sale of Property, Plant & Equipment	-	0.04	-	-	-	0.14	0.36	0.07	0.38
Divestitures	-	0.00	-	3.31	39	0.45	39	-	0.13
Net Cash From Financing Activities	-	-59	-8.50	-6.85	734	-91	-93	23	-85
Net Cash From Continuing Financing Activities	-	-59	-8.50	-6.85	734	-91	-93	23	-85
Repayment of Debt	-	-0.40	-	-	-241	-0.48	-21	-21	-21
Payment of Dividends	-	-59	-16	-27	-	-90	-71	-86	-63
Issuance of Common Equity	-	-	-	-	168	-	-	-	-0.96
Other Financing Activities, net	-	-	-	-	-66	-	-	-	-1.05

This table presents Mach Natural Resources' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	888	2,305	2,338
Total Current Assets	187	344	322
Cash & Equivalents	29	153	106
Accounts Receivable	130	132	172
Inventories, net	25	31	24
Other Current Assets	2.46	27	20
Plant, Property, & Equipment, net	683	1,921	1,991
Plant, Property & Equipment, gross	832	2,203	2,535
Accumulated Depreciation	149	282	544
Total Noncurrent Assets	18	40	25
Other Noncurrent Operating Assets	18	40	25
Total Liabilities & Shareholders' Equity	888	2,305	2,338
Total Liabilities	888	1,113	1,139
Total Current Liabilities	153	275	352
Short-Term Debt	0.00	62	83
Accounts Payable	20	47	54
Accrued Expenses	60	45	54
Current Deferred Revenue	52	110	150
Other Current Liabilities	21	11	12
Total Noncurrent Liabilities	735	838	787
Long-Term Debt	85	745	669
Asset Retirement Reserve & Litigation Obligation	52	85	102
Other Noncurrent Operating Liabilities	598	7.65	16
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	0.00	1,192	1,199
Total Preferred & Common Equity	0.00	1,192	1,199
Total Common Equity	0.00	1,192	1,199
Common Stock	0.00	1,192	1,199

This table presents Mach Natural Resources' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024
Total Assets	2,316	2,235	2,326
Total Current Assets	354	335	380
Cash & Equivalents	151	145	185
Accounts Receivable	157	146	133
Inventories, net	31	27	26
Other Current Assets	14	16	36
Plant, Property, & Equipment, net	1,937	1,878	1,912
Plant, Property & Equipment, gross	2,284	2,291	2,389
Accumulated Depreciation	347	413	477
Total Noncurrent Assets	25	22	33
Other Noncurrent Operating Assets	25	22	33
Total Liabilities & Shareholders' Equity	2,316	2,235	2,326
Total Liabilities	1,173	1,122	1,101
Total Current Liabilities	353	320	306
Short-Term Debt	83	83	83
Accounts Payable	63	39	44
Accrued Expenses	46	53	50
Current Deferred Revenue	144	132	121
Other Current Liabilities	18	13	8.53
Total Noncurrent Liabilities	820	802	795
Long-Term Debt	726	707	688
Asset Retirement Reserve & Litigation Obligation	87	89	99
Other Noncurrent Operating Liabilities	6.90	6.59	8.24
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,144	1,113	1,225
Total Preferred & Common Equity	1,144	1,113	1,225
Total Common Equity	1,144	1,113	1,225
Common Stock	1,144	1,113	1,225

This table displays calculated financial ratios and metrics derived from Mach Natural Resources' official financial filings.

Metric	2021	2022	2023	2024
Growth Metrics	-	-	-	-
Revenue Growth	0.00%	138.83%	-18.68%	27.20%
EBITDA Growth	0.00%	237.33%	-18.56%	14.24%
EBIT Growth	0.00%	272.56%	-31.42%	-19.00%
NOPAT Growth	0.00%	236.14%	-31.25%	-18.98%
Net Income Growth	0.00%	273.51%	-32.95%	-46.57%
EPS Growth	0.00%	0.00%	0.00%	163.89%
Operating Cash Flow Growth	0.00%	178.92%	-11.16%	2.76%
Free Cash Flow Firm Growth	0.00%	0.00%	-406.56%	120.43%
Invested Capital Growth	0.00%	0.00%	3,227.05%	-0.08%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.74%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	-2.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-11.57%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-12.96%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-23.55%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-16.67%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	4.96%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	1.89%
Profitability Metrics	-	-	-	-
Gross Margin	82.44%	72.99%	72.98%	66.88%
EBITDA Margin	46.12%	65.14%	65.24%	58.59%
Operating Margin	39.59%	55.73%	47.11%	30.01%
EBIT Margin	35.68%	55.65%	46.93%	29.89%
Profit (Net Income) Margin	35.25%	55.13%	45.46%	19.10%
Tax Burden Percent	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	98.82%	99.07%	96.87%	63.90%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	1,883.04%	37.78%	15.77%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	1,863.06%	34.23%	-0.51%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	20.38%	-0.28%
Return on Equity (ROE)	0.00%	0.00%	58.16%	15.49%
Cash Return on Invested Capital (CROIC)	0.00%	1,683.04%	-150.55%	15.85%
Operating Return on Assets (OROA)	0.00%	58.76%	22.41%	12.48%
Return on Assets (ROA)	0.00%	58.21%	21.71%	7.98%
Return on Common Equity (ROCE)	0.00%	0.00%	58.16%	15.49%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	29.08%	15.44%
Net Operating Profit after Tax (NOPAT)	155	522	359	291
NOPAT Margin	39.59%	55.73%	47.11%	30.01%
Net Nonoperating Expense Percent (NNEP)	0.00%	19.98%	3.55%	16.28%
Return On Investment Capital (ROIC_SIMPLE)	-	615.29%	17.97%	14.92%
Cost of Revenue to Revenue	17.56%	27.01%	27.02%	33.12%
SG&A Expenses to Revenue	15.52%	2.72%	3.63%	4.21%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	42.85%	17.27%	25.86%	36.87%
Earnings before Interest and Taxes (EBIT)	140	522	358	290
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	181	611	497	568
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	1.02	1.36
Price to Tangible Book Value (P/TBV)	0.00	0.00	1.02	1.36
Price to Revenue (P/Rev)	0.48	0.20	1.60	1.68
Price to Earnings (P/E)	1.37	0.37	3.51	8.78
Dividend Yield	0.00%	0.00%	0.00%	24.95%
Earnings Yield	72.83%	272.02%	28.48%	11.39%
Enterprise Value to Invested Capital (EV/IC)	0.00	4.42	1.01	1.23
Enterprise Value to Revenue (EV/Rev)	0.00	0.26	2.45	2.34
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.40	3.76	4.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.47	5.23	7.84
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.47	5.21	7.80
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.44	3.81	4.49
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.53	0.00	7.77
Leverage & Solvency	-	-	-	-
Debt to Equity	0.00	0.00	0.68	0.63
Long-Term Debt to Equity	0.00	0.00	0.63	0.56
Financial Leverage	0.00	0.00	0.60	0.54
Leverage Ratio	0.00	0.00	2.68	1.94
Compound Leverage Factor	0.00	0.00	2.59	1.24
Debt to Total Capital	0.00%	100.00%	40.38%	38.52%
Short-Term Debt to Total Capital	0.00%	0.00%	3.10%	4.23%
Long-Term Debt to Total Capital	0.00%	100.00%	37.28%	34.29%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	0.00%	59.62%	61.48%
Debt to EBITDA	0.00	0.14	1.62	1.32
Net Debt to EBITDA	0.00	0.09	1.32	1.14
Long-Term Debt to EBITDA	0.00	0.14	1.50	1.18
Debt to NOPAT	0.00	0.16	2.25	2.58
Net Debt to NOPAT	0.00	0.11	1.82	2.22
Long-Term Debt to NOPAT	0.00	0.16	2.07	2.30
Altman Z-Score	0.00	3.17	1.54	1.66
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	0.00	1.22	1.25	0.91
Quick Ratio	0.00	1.04	1.04	0.79
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	467	-1,431	292
Operating Cash Flow to CapEx	125.97%	386.90%	64.09%	371.34%
Free Cash Flow to Firm to Interest Expense	0.00	96.23	-127.79	2.80
Operating Cash Flow to Interest Expense	119.84	114.09	43.90	4.83
Operating Cash Flow Less CapEx to Interest Expense	24.70	84.60	-24.60	3.53
Efficiency Ratios	-	-	-	-
Asset Turnover	0.00	1.06	0.48	0.42
Accounts Receivable Turnover	0.00	7.21	5.81	6.38
Inventory Turnover	0.00	10.25	7.35	11.54
Fixed Asset Turnover	0.00	1.37	0.59	0.50
Accounts Payable Turnover	0.00	12.76	6.12	6.30
Days Sales Outstanding (DSO)	0.00	50.65	62.79	57.17
Days Inventory Outstanding (DIO)	0.00	35.61	49.68	31.64
Days Payable Outstanding (DPO)	0.00	28.61	59.61	57.89
Cash Conversion Cycle (CCC)	0.00	57.65	52.86	30.92
Capital & Investment Metrics	-	-	-	-
Invested Capital	0.00	55	1,846	1,845
Invested Capital Turnover	0.00	33.79	0.80	0.53
Increase / (Decrease) in Invested Capital	0.00	55	1,790	-1.40
Enterprise Value (EV)	0.00	245	1,871	2,271
Market Capitalization	190	190	1,217	1,625
Book Value per Share	$0.00	$0.00	$12.56	$11.59
Tangible Book Value per Share	$0.00	$0.00	$12.56	$11.59
Total Capital	0.00	85	1,999	1,950
Total Debt	0.00	85	807	751
Total Long-Term Debt	0.00	85	745	669
Net Debt	0.00	55	654	646
Capital Expenditures (CapEx)	158	143	767	136
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	4.18	-22	-54
Debt-free Net Working Capital (DFNWC)	0.00	34	131	52
Net Working Capital (NWC)	0.00	34	69	-30
Net Nonoperating Expense (NNE)	17	5.54	13	106
Net Nonoperating Obligations (NNO)	0.00	55	654	646
Total Depreciation and Amortization (D&A)	41	89	140	278
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.45%	-2.92%	-5.53%
Debt-free Net Working Capital to Revenue	0.00%	3.58%	17.13%	5.38%
Net Working Capital to Revenue	0.00%	3.58%	9.01%	-3.13%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.72	$1.90
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	94.91M	97.59M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.72	$1.90
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	94.91M	97.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	95M	118.33M
Normalized Net Operating Profit after Tax (NOPAT)	109	366	251	204
Normalized NOPAT Margin	27.72%	39.01%	32.98%	21.01%
Pre Tax Income Margin	35.25%	55.13%	45.46%	19.10%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	84.56	107.52	31.94	2.77
NOPAT to Interest Expense	93.84	107.66	32.06	2.78
EBIT Less CapEx to Interest Expense	-10.58	78.03	-36.56	1.47
NOPAT Less CapEx to Interest Expense	-1.30	78.18	-36.43	1.48
Payout Ratios	-	-	-	-
Dividend Payout Ratio	105.51%	53.18%	29.24%	167.31%
Augmented Payout Ratio	105.51%	53.18%	29.24%	167.31%

This table displays calculated financial ratios and metrics derived from Mach Natural Resources' official financial filings.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	0.00%	24.45%	43.78%	45.70%	3.12%
EBITDA Growth	0.00%	0.00%	0.00%	0.00%	9.77%	24.60%	36.44%	-8.04%
EBIT Growth	0.00%	0.00%	0.00%	0.00%	-27.29%	-16.57%	10.14%	-38.33%
NOPAT Growth	0.00%	0.00%	0.00%	0.00%	-28.00%	-12.05%	13.12%	-42.54%
Net Income Growth	0.00%	0.00%	0.00%	0.00%	-54.52%	-49.21%	-19.21%	-60.97%
EPS Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-52.78%
Operating Cash Flow Growth	0.00%	0.00%	0.00%	0.00%	-2.17%	-8.72%	3.77%	21.76%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.08%
Revenue Q/Q Growth	0.00%	-13.14%	5.07%	29.90%	0.00%	0.35%	6.48%	-8.06%
EBITDA Q/Q Growth	0.00%	-11.82%	7.99%	21.70%	0.00%	0.09%	18.25%	-17.97%
EBIT Q/Q Growth	0.00%	-14.68%	7.21%	15.65%	0.00%	-2.10%	41.55%	-35.24%
NOPAT Q/Q Growth	0.00%	-14.19%	4.50%	21.64%	0.00%	4.82%	34.41%	-38.22%
Net Income Q/Q Growth	0.00%	-15.14%	7.29%	12.08%	0.00%	-5.24%	70.68%	-45.86%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	-4.55%	66.67%	-51.43%
Operating Cash Flow Q/Q Growth	0.00%	-13.02%	-16.54%	2.76%	0.00%	-18.84%	-5.12%	20.58%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	2.64%	-1.67%	103.49%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	-2.36%	2.98%	1.89%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	71.62%	73.22%	74.01%	73.14%	65.98%	67.20%	70.24%	63.82%
EBITDA Margin	64.81%	65.80%	67.62%	63.36%	57.17%	57.02%	63.33%	56.50%
Operating Margin	48.60%	48.01%	47.75%	44.71%	28.12%	29.37%	37.07%	24.91%
EBIT Margin	48.66%	47.80%	48.77%	43.42%	28.43%	27.73%	36.87%	25.97%
Profit (Net Income) Margin	47.71%	46.61%	47.60%	41.07%	17.44%	16.47%	26.39%	15.54%
Tax Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	98.06%	97.52%	97.60%	94.58%	61.34%	59.37%	71.58%	59.85%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	18.46%	25.28%	29.48%	39.42%	13.09%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	17.20%	17.50%	19.88%	30.10%	9.70%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	9.44%	10.05%	11.51%	14.40%	5.28%
Return on Equity (ROE)	0.00%	0.00%	0.00%	27.90%	35.33%	41.00%	53.82%	18.37%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	-77.54%	0.00%	0.00%	0.00%	15.85%
Operating Return on Assets (OROA)	0.00%	0.00%	0.00%	20.74%	9.93%	10.95%	30.51%	10.85%
Return on Assets (ROA)	0.00%	0.00%	0.00%	19.61%	6.09%	6.50%	21.84%	6.49%
Return on Common Equity (ROCE)	0.00%	0.00%	0.00%	27.90%	35.33%	41.00%	53.82%	18.37%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%	25.93%	23.20%	19.78%	0.00%
Net Operating Profit after Tax (NOPAT)	93	80	84	102	67	70	95	59
NOPAT Margin	48.60%	48.01%	47.75%	44.71%	28.12%	29.37%	37.07%	24.91%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	1.27%	7.78%	9.61%	9.32%	3.39%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	5.10%	-	-	-	3.00%
Cost of Revenue to Revenue	28.38%	26.78%	25.99%	26.86%	34.02%	32.81%	29.76%	36.18%
SG&A Expenses to Revenue	2.42%	3.15%	3.06%	5.44%	4.32%	4.76%	3.67%	4.13%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	23.02%	25.21%	26.26%	28.43%	37.86%	37.83%	33.16%	38.90%
Earnings before Interest and Taxes (EBIT)	94	80	86	99	68	67	94	61
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	125	110	119	144	137	137	162	133
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	1.02	1.60	1.63	1.27	1.36
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	1.02	1.60	1.63	1.27	1.36
Price to Revenue (P/Rev)	0.00	0.00	0.00	1.60	2.27	2.05	1.61	1.68
Price to Earnings (P/E)	0.00	0.00	0.00	3.51	6.18	7.01	6.41	8.78
Dividend Yield	0.00%	0.00%	0.00%	0.00%	4.92%	8.94%	22.19%	24.95%
Earnings Yield	0.00%	0.00%	0.00%	28.48%	16.17%	14.27%	15.60%	11.39%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	1.01	1.38	1.40	1.18	1.23
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	2.45	3.08	2.78	2.22	2.34
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	3.76	4.89	4.58	3.69	4.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	5.23	7.50	7.70	6.52	7.84
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	5.21	7.48	7.59	6.40	7.80
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	3.81	5.10	5.14	4.44	4.49
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.77
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.68	0.71	0.71	0.63	0.63
Long-Term Debt to Equity	0.00	0.00	0.00	0.63	0.63	0.64	0.56	0.56
Financial Leverage	0.00	0.00	0.00	0.55	0.57	0.58	0.48	0.54
Leverage Ratio	0.00	0.00	0.00	2.68	2.03	2.01	1.90	1.94
Compound Leverage Factor	0.00	0.00	0.00	2.53	1.24	1.19	1.36	1.16
Debt to Total Capital	0.00%	0.00%	0.00%	40.38%	41.40%	41.49%	38.61%	38.52%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	3.10%	4.23%	4.34%	4.14%	4.23%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	37.28%	37.17%	37.16%	34.47%	34.29%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	0.00%	0.00%	59.62%	58.60%	58.51%	61.39%	61.48%
Debt to EBITDA	0.00	0.00	0.00	1.62	1.59	1.47	1.33	1.32
Net Debt to EBITDA	0.00	0.00	0.00	1.32	1.29	1.20	1.01	1.14
Long-Term Debt to EBITDA	0.00	0.00	0.00	1.50	1.42	1.32	1.19	1.18
Debt to NOPAT	0.00	0.00	0.00	2.25	2.43	2.44	2.30	2.58
Net Debt to NOPAT	0.00	0.00	0.00	1.82	1.97	1.99	1.75	2.22
Long-Term Debt to NOPAT	0.00	0.00	0.00	2.07	2.18	2.19	2.06	2.30
Altman Z-Score	0.00	0.00	0.00	1.16	1.38	1.47	1.43	1.34
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	0.00	0.00	0.00	1.25	1.00	1.05	1.24	0.91
Quick Ratio	0.00	0.00	0.00	1.04	0.87	0.91	1.04	0.79
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	0.00	0.00	0.00	-1,733	-1,687	-1,716	60
Operating Cash Flow to CapEx	3,595.14%	9,906.81%	440.05%	14.88%	2,722.26%	4,660.19%	230.82%	166.55%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	-65.94	-62.39	-64.08	2.45
Operating Cash Flow to Interest Expense	81.12	64.81	52.01	20.49	5.48	4.32	4.14	5.46
Operating Cash Flow Less CapEx to Interest Expense	78.86	64.15	40.19	-117.17	5.28	4.23	2.35	2.18
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.00	0.00	0.48	0.35	0.39	0.83	0.42
Accounts Receivable Turnover	0.00	0.00	0.00	5.81	5.15	6.02	0.00	6.38
Inventory Turnover	0.00	0.00	0.00	7.35	3.35	5.06	0.00	11.54
Fixed Asset Turnover	0.00	0.00	0.00	0.59	0.42	0.47	0.00	0.50
Accounts Payable Turnover	0.00	0.00	0.00	6.12	1.66	3.61	0.00	6.30
Days Sales Outstanding (DSO)	0.00	0.00	0.00	62.79	70.92	60.58	0.00	57.17
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	49.68	108.95	72.07	0.00	31.64
Days Payable Outstanding (DPO)	0.00	0.00	0.00	59.61	220.01	101.22	0.00	57.89
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	52.86	-40.14	31.44	0.00	30.92
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	0.00	0.00	0.00	1,846	1,800	1,758	1,810	1,845
Invested Capital Turnover	0.00	0.00	0.00	0.41	0.90	1.00	1.06	0.53
Increase / (Decrease) in Invested Capital	0.00	0.00	0.00	0.00	1,800	1,758	1,810	-1.40
Enterprise Value (EV)	0.00	0.00	190	1,871	2,490	2,455	2,138	2,271
Market Capitalization	190	190	190	1,217	1,834	1,810	1,553	1,625
Book Value per Share	$0.00	$0.00	$0.00	$12.56	$12.04	$11.72	$12.89	$11.59
Tangible Book Value per Share	$0.00	$0.00	$0.00	$12.56	$12.04	$11.72	$12.89	$11.59
Total Capital	0.00	0.00	0.00	1,999	1,952	1,903	1,995	1,950
Total Debt	0.00	0.00	0.00	807	808	789	770	751
Total Long-Term Debt	0.00	0.00	0.00	745	726	707	688	669
Net Debt	0.00	0.00	0.00	654	657	645	586	646
Capital Expenditures (CapEx)	4.09	1.29	24	738	5.29	2.51	48	80
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	0.00	0.00	-22	-68	-47	-28	-54
Debt-free Net Working Capital (DFNWC)	0.00	0.00	0.00	131	83	98	157	52
Net Working Capital (NWC)	0.00	0.00	0.00	69	0.97	15	74	-30
Net Nonoperating Expense (NNE)	1.70	2.33	0.26	8.29	26	31	27	22
Net Nonoperating Obligations (NNO)	0.00	0.00	0.00	654	657	645	586	646
Total Depreciation and Amortization (D&A)	31	30	33	45	69	70	68	72
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	-2.92%	-8.38%	-5.30%	-2.88%	-5.53%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	17.13%	10.31%	11.09%	16.29%	5.38%
Net Working Capital to Revenue	0.00%	0.00%	0.00%	9.01%	0.12%	1.74%	7.72%	-3.13%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.72	$0.44	$0.42	$0.70	$0.34
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	0.00	94.91M	95M	95.01M	96.86M	97.59M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.72	$0.44	$0.42	$0.70	$0.34
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	0.00	94.91M	95.01M	95.19M	97.03M	97.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	95M	95M	95.04M	103.49M	118.33M
Normalized Net Operating Profit after Tax (NOPAT)	65	56	59	71	47	49	66	41
Normalized NOPAT Margin	34.02%	33.61%	33.42%	31.30%	19.68%	20.56%	25.95%	17.44%
Pre Tax Income Margin	47.71%	46.61%	47.60%	41.07%	17.44%	16.47%	26.39%	15.54%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	51.55	40.40	41.65	18.46	2.59	2.46	3.52	2.49
NOPAT to Interest Expense	51.49	40.58	40.77	19.01	2.56	2.61	3.54	2.39
EBIT Less CapEx to Interest Expense	49.29	39.74	29.83	-119.20	2.39	2.37	1.73	-0.79
NOPAT Less CapEx to Interest Expense	49.23	39.92	28.95	-118.65	2.36	2.51	1.74	-0.89
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	29.24%	44.71%	72.97%	102.03%	167.31%
Augmented Payout Ratio	0.00%	0.00%	0.00%	29.24%	44.71%	72.97%	102.03%	167.31%

Frequently Asked Questions About Mach Natural Resources' Financials

When does Mach Natural Resources's fiscal year end?

According to the most recent income statement we have on file, Mach Natural Resources' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Mach Natural Resources' net income changed over the last 3 years?

Mach Natural Resources's net income for the last 5 years looks like this:

2021: $138.37 million
2022: $516.84 million
2023: $346.56 million
2024: $185.18 million

What is Mach Natural Resources's operating income?

Mach Natural Resources's total operating income in 2024 was $290.99 million, based on the following breakdown:

Total Gross Profit: $648.47 million
Total Operating Expenses: $357.48 million

How has Mach Natural Resources revenue changed over the last 3 years?

Over the last 3 years, Mach Natural Resources' total revenue changed from $392.50 million in 2021 to $969.63 million in 2024, a change of 147.0%.

How much debt does Mach Natural Resources have?

Mach Natural Resources' total liabilities were at $1.14 billion at the end of 2024, a 2.4% increase from 2023, and a 28.3% increase since 2022.

How much cash does Mach Natural Resources have?

In the past 2 years, Mach Natural Resources' cash and equivalents has ranged from $29.42 million in 2022 to $152.79 million in 2023, and is currently $105.78 million as of their latest financial filing in 2024.

How has Mach Natural Resources' book value per share changed over the last 3 years?

Over the last 3 years, Mach Natural Resources' book value per share changed from 0.00 in 2021 to 11.59 in 2024, a change of 1,158.6%.

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This page (NYSE:MNR) was last updated on 4/18/2025 by MarketBeat.com Staff

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Mach Natural Resources (MNR) Financials

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Mach Natural Resources (MNR) Financials

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