Chord Energy Corp (CHRD)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 848,627 | 1,023,780 | 1,430,460 | 188,960 | -3,770,570 |
| Revenue | US$ in thousands | 5,251,080 | 3,896,640 | 3,646,790 | 1,579,930 | 1,083,330 |
| Net profit margin | 16.16% | 26.27% | 39.23% | 11.96% | -348.05% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $848,627K ÷ $5,251,080K
= 16.16%
The net profit margin of Chord Energy Corp has shown a significant improvement over the past few years. Starting from a negative figure of -348.05% on December 31, 2020, the company managed to turn its profitability around and achieve a positive net profit margin of 11.96% by December 31, 2021. This positive trend continued with substantial growth in the subsequent years, reaching 39.23% by December 31, 2022, 26.27% by December 31, 2023, and finally settling at 16.16% by December 31, 2024.
The positive net profit margins indicate that Chord Energy Corp has been effectively managing its expenses relative to its revenue, resulting in a higher percentage of profit generated from its operations. This trend suggests improving operational efficiency and overall financial health for the company during the analyzed period.
Peer comparison
Dec 31, 2024