ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mach Natural Resources LP's annualizedNet Income for the quarter that ended in Mar. 2026 was $-140 Mil.
Mach Natural Resources LP's average Total Assets over the quarter that ended in Mar. 2026 was $3,735 Mil. Therefore, Mach Natural Resources LP's annualized ROA % for the quarter that ended in Mar. 2026 was -3.75%.
The historical rank and industry rank for Mach Natural Resources LP's ROA % or its related term are showing as below:
MNR'
s ROA % Range Over the Past 10 Years
Min: 7.43 Med: 26 Max: 73.14
Current: 7.43
During the past 5 years, Mach Natural Resources LP's highest ROA % was 73.14%. The lowest was 7.43%. And the median was 26.00%.
MNR's ROA % is ranked better than 80.1% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.89
vs MNR: 7.43
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, Mach Natural Resources LP's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mach Natural Resources LP ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Mach Natural Resources LP's ROA % distribution charts can be found below:
* The bar in red indicates where Mach Natural Resources LP's ROA % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Mach Natural Resources LP (MNR) has a ROA % of -3.75% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Mach Natural Resources LP and its competitors. Over the past decade, Mach Natural Resources LP's ROA % has ranged from 7.43 to 73.14. According to the industry distribution chart, Mach Natural Resources LP ranks #204 out of 1025 companies in the Oil & Gas industry, placing it in the top 19.9%.
Is Mach Natural Resources LP's ROA % too high?
Mach Natural Resources LP's current ROA % is -3.75%. Over the past 10 years, this metric has ranged from a low of 7.43 to a high of 73.14. Based on the distribution chart, Mach Natural Resources LP ranks #204 out of 1025 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Mach Natural Resources LP has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mach Natural Resources LP's ROA % compare to NOG and TALO?
According to the Oil & Gas industry distribution chart, Mach Natural Resources LP ranks #204 out of 1025 companies for ROA %. This places Mach Natural Resources LP in the top 20% of its industry — outperforming the majority of peers. The industry median ROA % is 1.89. Historically, Mach Natural Resources LP's own ROA % has ranged from 7.43 to 73.14 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.89, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Mach Natural Resources LP and its competitors. For the Oil & Gas industry, the median ROA % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mach Natural Resources LP's current ROA % is -3.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mach Natural Resources LP stock overvalued right now?
Based on GuruFocus' analysis, Mach Natural Resources LP (MNR) is currently considered Fairly Valued. The stock's GF Value™ is $13.65, compared to a current price of $12.63 — trading 7.5% below its estimated fair value. The current ROA % is -3.75%. Mach Natural Resources LP's overall GF Score™ is 43/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Mach Natural Resources LP (MNR), the current ROA % is -3.75% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mach Natural Resources LP (MNR) Overvalued in 2026?
Based on GuruFocus' analysis, Mach Natural Resources LP stock appears to be undervalued.
The current stock price of $12.63 is trading 7.5% below its estimated GF Value™ of $13.65.
GuruFocus considers Mach Natural Resources LP to be Fairly Valued.
Key valuation signals for MNR:
ROA %: -3.75%
GF Value™: $13.65 vs. price of $12.63 (7.5% below fair value)
No single metric tells the full story. See the MNR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mach Natural Resources LP is an independent upstream oil and gas company. The company is focused on the acquisition, development and production of oil, natural gas, and NGL reserves in the Anadarko Basin region of Western Oklahoma, Southern Kansas and the panhandle of Texas; the San Juan Basin region of New Mexico and Colorado; and the Permian Basin region of West Texas. The company is organized and managed as a single reportable segment, which is the exploration and production of oil, natural gas and NGLs (E&P Segment).
43GF Score
Get the complete analysis for MNR
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MNR has been successfully added to your 
