Civitas Resources Inc (CIVI)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands 838,732 990,490 834,350 757,648 784,277 763,314 1,029,432 1,358,966 1,248,155 1,129,950 764,815 270,675 178,917 75,856 38,441 24,858 103,528 79,403 112,056 191,980
Revenue (ttm) US$ in thousands 5,094,450 4,839,420 4,526,829 3,865,899 3,296,241 3,066,349 3,106,445 3,597,935 3,775,144 3,476,852 2,665,287 1,674,922 923,213 476,935 347,546 228,560 215,005 232,434 248,784 298,938
Net profit margin 16.46% 20.47% 18.43% 19.60% 23.79% 24.89% 33.14% 37.77% 33.06% 32.50% 28.70% 16.16% 19.38% 15.90% 11.06% 10.88% 48.15% 34.16% 45.04% 64.22%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $838,732K ÷ $5,094,450K
= 16.46%

Civitas Resources Inc's net profit margin has fluctuated over the years based on the provided data. The company experienced a strong net profit margin of 64.22% as of March 31, 2020, which then decreased to 10.88% by March 31, 2021. The margin gradually increased in the following quarters, reaching 33.06% by December 31, 2022.

However, from March 31, 2023, there was a downward trend in the net profit margin, dropping to 16.46% by December 31, 2024. Overall, the net profit margin indicates the company's ability to convert revenue into profit after accounting for all expenses. It is crucial to monitor this metric closely to assess the company's profitability and efficiency in managing costs and generating earnings.