What is Mach Natural Resources's earnings per share (EPS)?

Mach Natural Resources (MNR) reported diluted earnings per share of $1.09 for fiscal year 2025. This represents a -42.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Mach Natural Resources Financials

MNR

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Mach Natural Resources (MNR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MNR FY2025 2026-05-07

Heavy reinvestment is enlarging the asset base, while stable operating cash flow masks thinner accounting margins and higher leverage.

Across the last three years, operating cash flow stayed near $500M while net income swung much more sharply. That split suggests the business's cash engine is steadier than its reported earnings, because growing depreciation and interest are absorbing more of the benefit from expansion than the cash statement alone would imply.

The balance sheet is getting more capital-intensive: total assets rose to $3.8B as long-term debt climbed to $1.1B, which helps explain why revenue growth did not turn into better operating margins. Operating margin fell to 20.8% from 47.1%, so newer assets are expanding scale faster than they are lifting accounting returns.

Liquidity looks functional rather than flush: the current ratio was 1.1x and year-end cash was only $42.6M. That leaves less room for self-funding after heavy investing outflows of $899.2M in FY2025, so day-to-day flexibility depends more on ongoing cash generation than on a large cash cushion.

Financial Health Signals

Financial Profile 29/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Mach Natural Resources's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Mach Natural Resources has an operating margin of 20.8%, meaning the company retains $21 of operating profit per $100 of revenue. This strong profitability earns a score of 86/100, reflecting efficient cost management and pricing power. This is down from 30.0% the prior year.

Growth

Mach Natural Resources's revenue surged 21.2% year-over-year to $1.2B, reflecting rapid business expansion. This strong growth earns a score of 74/100.

Liquidity

Mach Natural Resources's current ratio of 1.05 is below the typical benchmark, resulting in a score of 16/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Piotroski F-Score Neutral

4/9

Mach Natural Resources passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

3.55x

For every $1 of reported earnings, Mach Natural Resources generates $3.55 in operating cash flow ($507.0M OCF vs $143.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

3.4x

Mach Natural Resources earns $3.4 in operating income for every $1 of interest expense ($244.9M vs $72.2M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.2B

YoY+21.2%

Mach Natural Resources generated $1.2B in revenue in fiscal year 2025. This represents an increase of 21.2% from the prior year.

EBITDA

$537.7M

YoY-4.3%

Mach Natural Resources's EBITDA was $537.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 4.3% from the prior year.

Net Income

$143.0M

YoY-22.8%

Mach Natural Resources reported $143.0M in net income in fiscal year 2025. This represents a decrease of 22.8% from the prior year.

EPS (Diluted)

$1.09

YoY-42.6%

Mach Natural Resources earned $1.09 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 42.6% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$42.6M

YoY-59.7%

Mach Natural Resources held $42.6M in cash against $1.1B in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

20.8%

YoY-9.2pp

Mach Natural Resources's operating margin was 20.8% in fiscal year 2025, reflecting core business profitability. This is down 9.2 percentage points from the prior year.

Net Margin

12.2%

YoY-6.9pp

Mach Natural Resources's net profit margin was 12.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 6.9 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

MNR Income Statement

Metric	FY25	FY24	FY23	FY22	FY21
Revenue	$1.2B+21.2%	$969.6M+27.2%	$762.3M-18.7%	$937.4M+138.8%	$392.5M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A
Operating Income	$244.9M-15.8%	$291.0M-19.0%	$359.1M-31.2%	$522.4M+236.1%	$155.4M
Interest Expense	$72.2M-31.0%	$104.6M+833.8%	$11.2M+130.9%	$4.9M+193.0%	$1.7M
Income Tax	N/A	N/A	N/A	N/A	N/A
Net Income	$143.0M-22.8%	$185.2M+170.3%	$68.5M-86.7%	$516.8M+273.5%	$138.4M
EPS (Diluted)	$1.09-42.6%	$1.90+163.9%	$0.72	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$285.9M-26.2%	$387.5M+42.2%	$272.6M-5.5%	$288.5M+27.2%	$226.8M-3.5%	$234.9M-8.1%	$255.5M+6.5%	$240.0M
Cost of Revenue	$59.3M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$6.9M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	-$9.7M-109.6%	$101.2M+627.0%	-$19.2M-117.3%	$111.3M+115.4%	$51.7M-11.7%	$58.5M-38.2%	$94.7M+34.4%	$70.5M
Interest Expense	$24.4M-3.4%	$25.3M+49.3%	$16.9M+39.4%	$12.1M-32.2%	$17.9M-26.9%	$24.5M-8.5%	$26.8M-1.0%	$27.0M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$35.0M-147.9%	$73.1M+305.0%	-$35.7M-139.8%	$89.7M+464.4%	$15.9M-56.5%	$36.5M-45.9%	$67.4M+70.7%	$39.5M
EPS (Diluted)	$-0.21	N/A	$-0.28-136.8%	$0.76+442.9%	$0.14	N/A	$0.70+66.7%	$0.42

MNR Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21
Total Assets	$3.8B+61.5%	$2.3B+1.5%	$2.3B+159.6%	$887.9M	N/A
Current Assets	$378.0M+17.3%	$322.1M-6.3%	$343.6M+84.1%	$186.7M	N/A
Cash & Equivalents	$42.6M-59.7%	$105.8M-30.8%	$152.8M+419.4%	$29.4M-50.4%	$59.3M
Inventory	$43.5M+79.1%	$24.3M-22.6%	$31.4M+27.0%	$24.7M	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	N/A	N/A	N/A	N/A	N/A
Current Liabilities	$359.9M+2.1%	$352.4M+28.2%	$274.9M+79.6%	$153.1M	N/A
Long-Term Debt	$1.1B+71.1%	$668.8M-10.2%	$745.1M+777.7%	$84.9M	N/A
Total Equity	N/A	N/A	N/A	N/A	N/A
Retained Earnings	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$3.7B-2.2%	$3.8B+0.1%	$3.8B+61.6%	$2.3B+4.1%	$2.2B-4.1%	$2.3B+0.5%	$2.3B+4.1%	$2.2B
Current Assets	$342.4M-9.4%	$378.0M+0.8%	$375.1M+79.3%	$209.2M+6.9%	$195.7M-39.3%	$322.1M-15.3%	$380.5M+13.5%	$335.1M
Cash & Equivalents	$52.7M+23.6%	$42.6M-20.5%	$53.6M+289.0%	$13.8M+76.9%	$7.8M-92.6%	$105.8M-42.7%	$184.5M+27.6%	$144.6M
Inventory	$42.5M-2.4%	$43.5M-11.9%	$49.4M+91.0%	$25.8M+3.0%	$25.1M+3.2%	$24.3M-7.6%	$26.3M-4.3%	$27.5M
Accounts Receivable	$63.8M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Liabilities	$411.4M+14.3%	$359.9M-4.0%	$375.1M+40.8%	$266.3M-5.5%	$281.9M-20.0%	$352.4M+15.1%	$306.2M-4.2%	$319.7M
Long-Term Debt	$1.1B-0.8%	$1.1B0.0%	$1.1B+102.5%	$565.0M+22.8%	$460.0M-31.2%	$668.8M-2.7%	$687.7M-2.7%	$706.9M
Total Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

MNR Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	$507.0M+0.3%	$505.3M+2.8%	$491.7M-11.2%	$553.5M+178.9%	$198.5M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$899.2M-193.5%	-$306.3M+70.2%	-$1.0B-175.6%	-$372.7M-91.4%	-$194.7M
Financing Cash Flow	$329.1M+233.8%	-$246.0M-137.3%	$658.8M+412.6%	-$210.7M-4497.2%	-$4.6M
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$170.3M+32.3%	$128.7M+22.0%	$105.5M-18.9%	$130.1M-8.7%	$142.5M+6.6%	$133.7M+20.6%	$110.8M-5.1%	$116.8M
Capital Expenditures	$75.2M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	$95.1M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$61.0M+32.8%	-$90.8M+84.8%	-$596.0M-343.5%	-$134.4M-72.3%	-$78.0M+38.6%	-$127.0M-35.1%	-$94.0M-207.8%	-$30.5M
Financing Cash Flow	-$99.3M-103.0%	-$48.9M-109.2%	$530.3M+5084.8%	$10.2M+106.3%	-$162.5M-90.3%	-$85.4M-469.9%	$23.1M+124.8%	-$93.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

MNR Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	20.8%-9.2pp	30.0%-17.1pp	47.1%-8.6pp	55.7%+16.1pp	39.6%
Net Margin	12.2%-6.9pp	19.1%+10.1pp	9.0%-46.1pp	55.1%+19.9pp	35.3%
Return on Equity	N/A	N/A	N/A	N/A	N/A
Return on Assets	3.8%-4.1pp	7.9%+5.0pp	3.0%-55.2pp	58.2%	N/A
Current Ratio	1.05+0.1	0.91-0.3	1.25+0.0	1.22	N/A
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-3.4%-29.5pp	26.1%+33.1pp	-7.0%-45.6pp	38.6%+15.8pp	22.8%-2.1pp	24.9%-12.2pp	37.1%+7.7pp	29.4%
Net Margin	-12.3%-31.1pp	18.9%+31.9pp	-13.1%-44.2pp	31.1%+24.1pp	7.0%-8.5pp	15.5%-10.9pp	26.4%+9.9pp	16.5%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-0.9%-2.9pp	1.9%+2.9pp	-0.9%-4.8pp	3.8%+3.1pp	0.7%-0.8pp	1.6%-1.3pp	2.9%+1.1pp	1.8%
Current Ratio	0.83-0.2	1.05+0.1	1.00+0.2	0.79+0.1	0.69-0.2	0.91-0.3	1.24+0.2	1.05
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	26.0%	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Mach Natural Resources's annual revenue?

Mach Natural Resources (MNR) reported $1.2B in total revenue for fiscal year 2025. This represents a 21.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Mach Natural Resources's revenue growing?

Mach Natural Resources (MNR) revenue grew by 21.2% year-over-year, from $969.6M to $1.2B in fiscal year 2025.

Is Mach Natural Resources profitable?

Yes, Mach Natural Resources (MNR) reported a net income of $143.0M in fiscal year 2025, with a net profit margin of 12.2%.

What is Mach Natural Resources's EBITDA?

Mach Natural Resources (MNR) had EBITDA of $537.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Mach Natural Resources have?

As of fiscal year 2025, Mach Natural Resources (MNR) had $42.6M in cash and equivalents against $1.1B in long-term debt.

What is Mach Natural Resources's operating margin?

Mach Natural Resources (MNR) had an operating margin of 20.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Mach Natural Resources's net profit margin?

Mach Natural Resources (MNR) had a net profit margin of 12.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Mach Natural Resources's operating cash flow?

Mach Natural Resources (MNR) generated $507.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Mach Natural Resources's total assets?

Mach Natural Resources (MNR) had $3.8B in total assets as of fiscal year 2025, including both current and long-term assets.

What is Mach Natural Resources's current ratio?

Mach Natural Resources (MNR) had a current ratio of 1.05 as of fiscal year 2025, which is considered adequate.

What is Mach Natural Resources's return on assets (ROA)?

Mach Natural Resources (MNR) had a return on assets of 3.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Mach Natural Resources's Piotroski F-Score?

Mach Natural Resources (MNR) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Mach Natural Resources's earnings high quality?

Mach Natural Resources (MNR) has an earnings quality ratio of 3.55x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Mach Natural Resources cover its interest payments?

Mach Natural Resources (MNR) has an interest coverage ratio of 3.4x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Mach Natural Resources?

Mach Natural Resources (MNR) scores 29 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.