Crescent Energy Co (CRGY)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	-114,605	67,610	480,600	-432,227	-216,124
Revenue	US$ in thousands	2,930,920	2,382,600	3,057,060	1,476,980	754,221
Net profit margin		-3.91%	2.84%	15.72%	-29.26%	-28.66%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $-114,605K ÷ $2,930,920K
= -3.91%

The net profit margin of Crescent Energy Co has displayed fluctuating trends over the past five years. The margin was negative in December 2020 and December 2021, indicating that the company's expenses exceeded its revenues during those periods. However, there was a significant turnaround in December 2022, with the net profit margin improving to 15.72%, showcasing an increase in profitability and efficiency in managing costs.

In December 2023, while the net profit margin decreased to 2.84%, the company still managed to maintain positive profitability, albeit at a lower level compared to the previous year. Furthermore, in December 2024, the net profit margin turned negative again at -3.91%, suggesting that the company experienced a reduction in profitability and potentially faced challenges in generating profits relative to its expenses.

Overall, the fluctuating nature of Crescent Energy Co's net profit margin highlights the importance of monitoring and managing expenses, revenues, and profitability to sustain financial health and long-term success.