Chord Energy Corp (CHRD)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,100,070 | 1,273,180 | 1,583,790 | 571,904 | 70,680 |
| Revenue | US$ in thousands | 5,251,080 | 3,896,640 | 3,646,790 | 1,579,930 | 1,083,330 |
| Operating profit margin | 20.95% | 32.67% | 43.43% | 36.20% | 6.52% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,100,070K ÷ $5,251,080K
= 20.95%
Chord Energy Corp's operating profit margin has exhibited fluctuations over the past five years. Starting at 6.52% on December 31, 2020, the margin showed significant improvement by December 31, 2021, standing at 36.20%. This upward trend continued into 2022, reaching 43.43%. However, in 2023, there was a slight decline to 32.67%. The margin further decreased to 20.95% by the end of 2024. While the operating profit margin has generally shown growth and strong performance, the recent decline in 2024 indicates potential challenges that the company may need to address to maintain profitability in the future.
Peer comparison
Dec 31, 2024