Chord Energy Corp (CHRD)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 24.86% | 36.89% | 49.10% | 42.41% | 22.16% |
| Operating profit margin | 20.95% | 32.67% | 43.43% | 36.20% | 6.52% |
| Pretax margin | 21.18% | 34.36% | 37.94% | 11.90% | -372.65% |
| Net profit margin | 16.16% | 26.27% | 39.23% | 11.96% | -348.05% |
Chord Energy Corp has shown a significant improvement in its gross profit margin over the years, increasing from 22.16% in 2020 to 49.10% in 2022 before experiencing a slight decline to 36.89% in 2023 and 24.86% in 2024. This indicates that the company has been able to efficiently control its cost of goods sold and generate a higher percentage of revenue as gross profit.
In terms of operating profit margin, there was a remarkable increase from 6.52% in 2020 to 43.43% in 2022, demonstrating improved operational efficiency and cost management. However, the operating profit margin declined to 32.67% in 2023 and further to 20.95% in 2024, reflecting potential challenges in sustaining high profitability from operations.
Looking at the pretax margin, the company experienced a noteworthy recovery from a negative margin of -372.65% in 2020 to positive margins of 37.94% in 2022, indicating better control over expenses and higher income before taxes. The pretax margin then decreased slightly to 34.36% in 2023 and 21.18% in 2024, possibly due to changes in tax expenses or other external factors.
Lastly, the net profit margin of Chord Energy Corp has shown a positive trend overall, steadily increasing from -348.05% in 2020 to 39.23% in 2022. However, there was a decline to 26.27% in 2023 and 16.16% in 2024, suggesting that the company's bottom line profitability may have been impacted by various factors such as increased expenses or changes in revenue.
In summary, Chord Energy Corp has demonstrated improvements in its profitability ratios over the years, although there have been some fluctuations in margins, indicating the need for continued monitoring and strategic management to sustain and enhance profitability levels.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 8.44% | 18.38% | 23.88% | 18.89% | 3.27% |
| Return on assets (ROA) | 6.51% | 14.78% | 21.57% | 6.24% | -174.64% |
| Return on total capital | 13.43% | 26.94% | 29.28% | -0.29% | -442.77% |
| Return on equity (ROE) | 9.75% | 20.17% | 30.57% | 18.29% | -411.66% |
Chord Energy Corp's profitability ratios show a significant improvement over the past few years. The Operating Return on Assets (Operating ROA) has increased from 3.27% in 2020 to 23.88% in 2022, indicating that the company is generating more operating income from its assets. However, there was a slight decline to 18.38% in 2023 and 8.44% in 2024.
The Return on Assets (ROA) also demonstrates positive growth, moving from a negative figure of -174.64% in 2020 to 21.57% in 2022. This suggests that the company is becoming more efficient in generating profits relative to its total assets. Although there was a minor decrease to 6.51% in 2024.
Return on Total Capital has shown a significant turnaround from a negative figure of -442.77% in 2020 to 29.28% in 2022, indicating that the company is effectively utilizing its total capital to generate profits. The ratio continued to be positive in 2023 and 2024, although at lower levels.
Return on Equity (ROE) has also improved, rising from a negative -411.66% in 2020 to 30.57% in 2022, showing that the company is generating higher returns for its shareholders. However, there was a slight decline to 9.75% in 2024.
Overall, the profitability ratios of Chord Energy Corp reflect a positive trend of improved profitability and efficiency in utilizing assets and capital, contributing to a healthier financial performance over the years.