Mach Natural Resources LP (MNR) Financial Ratios
5 years of historical data (2021–2025) · Energy · Oil & Gas Exploration & Production
EV/EBITDA
↓
5.15
↑+21% vs avg
5yr avg: 4.25
30Y Low4.1·High4.5
P/FCF
↓
8.93
↑+28% vs avg
5yr avg: 6.96
30Y Low5.9·High8.8
P/B Ratio
↓
0.83
↓-28% vs avg
5yr avg: 1.15
30Y Low0.7·High1.4
ROE
↓
17.9%
↑-63% vs avg
5yr avg: 48.1%
30Y Low15%·High119%
Debt/EBITDA
↑
1.85
↑+69% vs avg
5yr avg: 1.10
30Y Low0.2·High1.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
MNR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Mach Natural Resources LP trades at 11.5x earnings, 18% below its 5-year average of 14.0x, sitting at the 67th percentile of its historical range. Compared to the Energy sector median P/E of 15.6x, the stock trades at a discount of 26%. On a free-cash-flow basis, the stock trades at 8.9x P/FCF, 28% above the 5-year average of 7.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Market Cap | $2.1B | $1.5B | $1.7B | $1.6B | — | — |
| Enterprise Value | $3.2B | $2.6B | $2.3B | $2.2B | — | — |
| P/E Ratio → | 11.51 | 10.13 | 9.04 | 22.90 | — | — |
| P/S Ratio | 1.80 | 1.24 | 1.73 | 2.05 | — | — |
| P/B Ratio | 0.83 | 0.73 | 1.40 | 1.31 | — | — |
| P/FCF | 8.93 | 6.14 | 5.89 | 8.84 | — | — |
| P/OCF | 4.16 | 2.86 | 3.32 | 3.18 | — | — |
P/E links to full P/E history page with 30-year chart
MNR EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Mach Natural Resources LP's enterprise value stands at 5.1x EBITDA, 21% above its 5-year average of 4.3x. The Energy sector median is 7.9x, placing the stock at a 35% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.19 | 2.41 | 2.93 | — | — |
| EV / EBITDA | 5.15 | 4.10 | 4.16 | 4.50 | — | — |
| EV / EBIT | 9.64 | 11.96 | 8.07 | 6.25 | — | — |
| EV / FCF | — | 10.88 | 8.21 | 12.64 | — | — |
MNR Profitability
Margins and return-on-capital ratios measuring operating efficiency
Mach Natural Resources LP earns an operating margin of 28.5%, above the Energy sector average of 13.8%. Operating margins have compressed from 47.1% to 28.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 17.9% indicates solid capital efficiency, compared to the sector median of 7.2%. ROIC of 10.1% represents solid returns on invested capital versus a sector median of 6.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Gross Margin | 33.4% | 33.4% | 34.2% | 50.7% | 58.4% | 55.1% |
| Operating Margin | 28.5% | 28.5% | 30.0% | 47.1% | 55.7% | 39.6% |
| Net Profit Margin | 24.3% | 24.3% | 19.1% | 45.5% | 55.1% | 35.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| ROE | 17.9% | 17.9% | 15.5% | 38.8% | 118.6% | 49.6% |
| ROA | 9.4% | 9.4% | 8.0% | 21.7% | 73.2% | 26.3% |
| ROIC | 10.1% | 10.1% | 11.7% | 21.3% | 80.9% | — |
| ROCE | 12.4% | 12.4% | 14.5% | 26.0% | 92.4% | 39.3% |
MNR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Mach Natural Resources LP carries a Debt/EBITDA ratio of 1.9x, which is manageable (29% below the sector average of 2.6x). Net debt stands at $1.1B ($1.2B total debt minus $43M cash). Interest coverage of just 3.0x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Debt / Equity | 0.58 | 0.58 | 0.64 | 0.69 | 0.17 | 0.31 |
| Debt / EBITDA | 1.85 | 1.85 | 1.36 | 1.66 | 0.16 | 0.44 |
| Net Debt / Equity | — | 0.56 | 0.55 | 0.56 | 0.12 | 0.10 |
| Net Debt / EBITDA | 1.78 | 1.78 | 1.18 | 1.35 | 0.12 | 0.14 |
| Debt / FCF | — | 4.74 | 2.32 | 3.80 | 0.23 | 0.17 |
| Interest Coverage | 2.98 | 2.98 | 2.77 | 31.94 | 107.52 | 84.56 |
MNR Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.05x means Mach Natural Resources LP can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.25x to 1.05x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Current Ratio | 1.05 | 1.05 | 0.91 | 1.25 | 1.22 | 1.38 |
| Quick Ratio | 0.93 | 0.93 | 0.84 | 1.14 | 1.06 | 1.34 |
| Cash Ratio | 0.12 | 0.12 | 0.30 | 0.56 | 0.19 | 0.46 |
| Asset Turnover | — | 0.31 | 0.41 | 0.33 | 1.06 | 0.75 |
| Inventory Turnover | 18.00 | 18.00 | 26.25 | 11.97 | 15.77 | 35.64 |
| Days Sales Outstanding | — | 71.55 | 64.58 | 63.30 | 50.53 | 87.30 |
MNR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Mach Natural Resources LP returns 14.8% to shareholders annually primarily through dividends. The payout ratio of 85.5% is elevated — while still covered by earnings, there is limited headroom for dividend increases. The earnings yield of 8.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Dividend Yield | 14.8% | 16.8% | 18.5% | 6.5% | — | — |
| Payout Ratio | 85.5% | 85.5% | 167.3% | 29.2% | 53.2% | 105.5% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Earnings Yield | 8.7% | 9.9% | 11.1% | 4.4% | — | — |
| FCF Yield | 11.2% | 16.3% | 17.0% | 11.3% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 4.2% | — | — |
| Total Shareholder Yield | 14.8% | 16.8% | 18.5% | 10.7% | — | — |
| Shares Outstanding | — | $132M | $98M | $95M | $95M | $95M |
Peer Comparison
Compare MNR with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 MNRYou | $2B | 11.5 | 5.1 | 8.9 | 33.4% | 28.5% | 17.9% | 10.1% | 1.9 |
 VTLE | $693M | -3.8 | 4.5 | — | 31.4% | -1.2% | -6.3% | -0.3% | 3.6 |
 CIVI | $2B | 3.2 | 1.9 | 2.6 | 41.2% | 29.0% | 13.1% | 10.8% | 1.3 |
 CHRD | $7B | 168.2 | 5.0 | 10.2 | 6.5% | 4.1% | 0.5% | 1.6% | 0.9 |
 SM | $3B | 4.9 | 2.5 | 5.5 | 31.9% | 26.1% | 14.3% | 8.9% | 1.1 |
 MGY | $5B | 15.5 | 5.9 | 12.3 | 46.7% | 33.5% | 16.4% | 15.4% | 0.5 |
 PR | $16B | 14.8 | 5.5 | 28.2 | 32.7% | 29.0% | 8.5% | 7.5% | 1.1 |
 GPOR | $3B | 7.6 | 4.6 | 10.6 | 70.7% | 37.9% | 23.9% | 14.8% | 1.0 |
 CNX | $5B | 8.3 | 5.3 | 8.8 | 47.2% | 36.8% | 15.0% | 9.0% | 1.8 |
 AR | $11B | 16.8 | 9.8 | 8.5 | 22.1% | 16.5% | 8.5% | 5.2% | 3.2 |
 RRC | $9B | 13.4 | 8.0 | 14.7 | 34.1% | 27.9% | 15.9% | 11.4% | 1.0 |
| Energy Median | — | 15.6 | 7.9 | 13.9 | 33.7% | 13.8% | 7.2% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 5 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
MNR — Frequently Asked Questions
Quick answers to the most common questions about buying MNR stock.
What is Mach Natural Resources LP's P/E ratio?
Mach Natural Resources LP's current P/E ratio is 11.5x. The historical average is 14.0x. This places it at the 67th percentile of its historical range.
What is Mach Natural Resources LP's EV/EBITDA?
Mach Natural Resources LP's current EV/EBITDA is 5.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 4.3x.
What is Mach Natural Resources LP's ROE?
Mach Natural Resources LP's return on equity (ROE) is 17.9%. The historical average is 48.1%.
Is MNR stock overvalued?
Based on historical data, Mach Natural Resources LP is trading at a P/E of 11.5x. This is at the 67th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Mach Natural Resources LP's dividend yield?
Mach Natural Resources LP's current dividend yield is 14.81% with a payout ratio of 85.5%.
What are Mach Natural Resources LP's profit margins?
Mach Natural Resources LP has 33.4% gross margin and 28.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Mach Natural Resources LP have?
Mach Natural Resources LP's Debt/EBITDA ratio is 1.9x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.