Mach Natural Resources LP (MNR) Financial Ratios
5 years of historical data (2021–2025) · Energy · Oil & Gas Exploration & Production
EV/EBITDA
↑
6.10
↑+37% vs avg
5yr avg: 4.46
30Y Low4.2·High4.7
P/FCF
↓
9.37
↑+35% vs avg
5yr avg: 6.96
30Y Low5.9·High8.8
P/B Ratio
↓
0.87
↓-24% vs avg
5yr avg: 1.15
30Y Low0.7·High1.4
ROE
↓
9.0%
↑-81% vs avg
5yr avg: 46.3%
30Y Low9%·High119%
Debt/EBITDA
↑
2.13
↑+85% vs avg
5yr avg: 1.15
30Y Low0.2·High2.1
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 12.1x earnings, 14% 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 16.8x, the stock trades at a discount of 28%. On a free-cash-flow basis, the stock trades at 9.4x P/FCF, 35% above the 5-year average of 7.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Market Cap | $2.2B | $1.5B | $1.7B | $1.6B | — | — |
| Enterprise Value | $3.3B | $2.6B | $2.3B | $2.2B | — | — |
| P/E Ratio → | 12.08 | 10.13 | 9.04 | 22.90 | — | — |
| P/S Ratio | 2.02 | 1.33 | 1.73 | 2.05 | — | — |
| P/B Ratio | 0.87 | 0.73 | 1.40 | 1.31 | — | — |
| P/FCF | 9.37 | 6.14 | 5.89 | 8.84 | — | — |
| P/OCF | 4.37 | 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 6.1x EBITDA, 37% above its 5-year average of 4.5x. The Energy sector median is 8.1x, placing the stock at a 24% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.35 | 2.41 | 2.93 | — | — |
| EV / EBITDA | 6.10 | 4.71 | 4.16 | 4.50 | — | — |
| EV / EBIT | 13.13 | 10.13 | 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 23.2%, above the Energy sector average of 14.3%. Operating margins have compressed from 47.1% to 23.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 9.0% is modest. ROIC of 7.7% represents adequate returns on invested capital versus a sector median of 6.3%.
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 | 28.4% | 28.4% | 34.2% | 50.7% | 58.4% | 55.1% |
| Operating Margin | 23.2% | 23.2% | 30.0% | 47.1% | 55.7% | 39.6% |
| Net Profit Margin | 13.1% | 13.1% | 19.1% | 45.5% | 55.1% | 35.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| ROE | 9.0% | 9.0% | 15.5% | 38.8% | 118.6% | 49.6% |
| ROA | 4.7% | 4.7% | 8.0% | 21.7% | 73.2% | 26.3% |
| ROIC | 7.7% | 7.7% | 11.7% | 21.3% | 80.9% | — |
| ROCE | 9.4% | 9.4% | 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 2.1x, which is manageable (12% below the sector average of 2.4x). Net debt stands at $1.1B ($1.2B total debt minus $43M cash). Interest coverage of 3.5x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| 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 | 2.13 | 2.13 | 1.36 | 1.66 | 0.16 | 0.44 |
| Net Debt / Equity | — | 0.56 | 0.55 | 0.56 | 0.12 | 0.10 |
| Net Debt / EBITDA | 2.05 | 2.05 | 1.18 | 1.35 | 0.12 | 0.14 |
| Debt / FCF | — | 4.74 | 2.32 | 3.80 | 0.23 | 0.17 |
| Interest Coverage | 3.52 | 3.52 | 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 | — | 0.29 | 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 | — | 76.87 | 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 14.1% to shareholders annually primarily through dividends. The payout ratio exceeds 100% at 171.0%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 8.3% (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 | 14.1% | 16.8% | 18.5% | 6.5% | — | — |
| Payout Ratio | 171.0% | 171.0% | 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 | 8.3% | 9.9% | 11.1% | 4.4% | — | — |
| FCF Yield | 10.7% | 16.3% | 17.0% | 11.3% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 4.2% | — | — |
| Total Shareholder Yield | 14.1% | 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 | 12.1 | 6.1 | 9.4 | 28.4% | 23.2% | 9.0% | 7.7% | 2.1 |
 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 | $8B | 186.1 | 5.5 | 11.3 | 6.5% | 4.1% | 0.5% | 1.6% | 0.9 |
 SM | $3B | 5.2 | 2.6 | 5.8 | 31.9% | 26.1% | 14.3% | 8.9% | 1.1 |
 MGY | $5B | 16.1 | 6.1 | 12.8 | 46.7% | 33.5% | 16.4% | 15.4% | 0.5 |
 PR | $17B | 15.7 | 5.8 | 29.8 | 32.7% | 29.0% | 8.5% | 7.5% | 1.1 |
 GPOR | $3B | 8.3 | 5.0 | 11.7 | 70.7% | 37.9% | 23.9% | 14.8% | 1.0 |
 CNX | $5B | 9.0 | 5.5 | 9.6 | 47.2% | 36.8% | 15.0% | 9.0% | 1.8 |
 AR | $11B | 17.9 | 10.2 | 9.1 | 22.1% | 16.5% | 8.5% | 5.2% | 3.2 |
 RRC | $10B | 14.9 | 8.8 | 16.3 | 34.1% | 27.9% | 15.9% | 11.4% | 1.0 |
| Energy Median | — | 16.8 | 8.1 | 14.3 | 31.9% | 14.3% | 7.8% | 6.3% | 2.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 5 years · Updated daily
See MNR's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs MNR Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare MNR vs VTLE
Side-by-side business, growth, and profitability comparison vs Vital Energy, Inc..
Start ComparisonMNR — 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 12.1x. 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 6.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 4.5x.
What is Mach Natural Resources LP's ROE?
Mach Natural Resources LP's return on equity (ROE) is 9.0%. The historical average is 46.3%.
Is MNR stock overvalued?
Based on historical data, Mach Natural Resources LP is trading at a P/E of 12.1x. 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 14.11% with a payout ratio of 171.0%.
What are Mach Natural Resources LP's profit margins?
Mach Natural Resources LP has 28.4% gross margin and 23.2% 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 2.1x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.