Matador Resources Co
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $3.7B | $3.5B | $2.8B | $3.1B | $1.7B |
| Cost of revenue | $208.1M | $167.4M | $124.0M | $95.5M | $61.5M |
| Operating expenses | $624.0M | $492.5M | $356.5M | $252.6M | — |
| Operating income | $1.2B | $1.4B | $1.2B | $1.8B | $793.1M |
| Interest expense | $208.5M | $171.7M | $121.5M | $67.2M | $74.7M |
| Pretax income | $1.0B | $1.3B | $1.1B | $1.7B | $715.3M |
| Income tax expense | $172.7M | $292.4M | $186.0M | $399.4M | $74.7M |
| Net income | $759.2M | $885.3M | $846.1M | $1.2B | $585.0M |
| Balance Sheet | |||||
| Cash and equivalents | $15.3M | $23.0M | $52.7M | $505.2M | $48.1M |
| Current assets | $816.6M | $927.3M | $715.9M | $1.1B | $371.3M |
| Total assets | $11.7B | $10.9B | $7.7B | $5.6B | $4.3B |
| Current liabilities | $1.0B | $995.4M | $685.3M | $575.9M | $464.8M |
| Stockholders' equity | $5.7B | $5.1B | $3.9B | $3.1B | $1.9B |
| Cash Flow Statement | |||||
| Cash from operations | $2.4B | $2.2B | $1.9B | $2.0B | $1.1B |
| Depreciation and amortization | $1.2B | $974.3M | $716.7M | $466.3M | $344.9M |
| Stock-based compensation | $18.3M | $15.0M | $13.7M | $15.1M | $9.0M |
| Capital expenditure | $2.2B | $3.9B | $3.2B | $1.1B | $837.9M |
| Free cash flow | $269.6M | -$1.7B | -$1.4B | $915.5M | $215.4M |
| Dividends paid | $163.1M | $104.9M | $77.2M | $35.2M | $14.6M |
| Share repurchases | $55.8M | $0 | $0 | — | — |
Shares outstanding 124.2M · Free float 87.2%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.