Crescent Energy Co (CRGY)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 82.89% | 86.73% | 85.90% | 86.92% | 88.44% | 90.43% | 92.40% | 92.74% | 97.82% |
| Operating profit margin | 8.11% | 14.32% | 13.13% | 13.77% | 18.55% | 27.08% | 37.31% | 39.19% | 45.52% |
| Pretax margin | 3.14% | 0.83% | -0.58% | 3.85% | 1.11% | 9.49% | 10.06% | 4.06% | 3.47% |
| Net profit margin | 2.23% | 0.63% | -0.70% | 2.87% | 0.84% | 7.07% | 7.69% | 2.95% | 2.32% |
Based on the provided data for Crescent Energy Co's profitability ratios, we observe the following trends:
1. Gross Profit Margin: The company's gross profit margin has shown a slight decline over the quarters, from a high of 97.82% in Sep 2022 to 82.89% in Sep 2024. This could indicate potential challenges in managing cost of goods sold or pricing strategies.
2. Operating Profit Margin: Crescent Energy Co's operating profit margin has fluctuated significantly, with a peak of 45.52% in Sep 2022 and a low of 8.11% in Sep 2024. This suggests fluctuations in operating expenses relative to revenues, affecting profitability.
3. Pretax Margin: The pretax margin has varied, swinging from negative in Mar 2024 to positive in Sep 2022. This indicates fluctuations in pre-tax profitability, which might be influenced by non-operating factors like interest expenses or one-time charges.
4. Net Profit Margin: Similarly, the net profit margin has shown volatility, ranging from -0.70% in Mar 2024 to 7.69% in Mar 2023. This indicates fluctuations in bottom-line profitability after all expenses, including taxes.
Overall, Crescent Energy Co's profitability ratios reflect some degree of inconsistency and suggest the company may be experiencing challenges in maintaining and maximizing profitability over the analyzed quarters. It would be crucial for the company to identify the underlying reasons for these fluctuations and take appropriate measures to improve their overall profitability in the future.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 2.32% | 4.86% | 4.53% | 4.77% | 6.59% | 11.97% | 19.17% | 21.33% | 21.54% |
| Return on assets (ROA) | 0.64% | 0.21% | -0.24% | 0.99% | 0.30% | 3.12% | 3.95% | 1.61% | 1.10% |
| Return on total capital | 3.28% | 3.66% | 2.75% | 4.44% | 2.90% | 7.69% | 8.91% | 5.04% | 3.96% |
| Return on equity (ROE) | 1.41% | 0.45% | -0.46% | 1.86% | 0.59% | 5.46% | 6.85% | 2.93% | 2.10% |
Crescent Energy Co's profitability ratios have shown fluctuating trends over the past nine quarters.
- Operating return on assets (Operating ROA) decreased from a high of 21.54% in September 2022 to 2.32% in September 2024, indicating a significant decline in the company's operational efficiency in generating profits from its assets.
- Return on assets (ROA) has also been inconsistent, with negative returns in March 2024 and relatively low returns in other periods. This suggests that the company has faced challenges in generating profits from its total assets.
- Return on total capital showed a similar pattern, fluctuating between 2.75% and 8.91% over the quarters, indicating variability in the company's ability to generate profits from its total invested capital.
- Return on equity (ROE) followed a similar trend, with negative returns in March 2024 and relatively low returns in other periods. This indicates that the company's ability to generate profits for its shareholders has been inconsistent.
Overall, Crescent Energy Co's profitability ratios reflect a lack of stability and consistency in generating profits from its assets, total capital, and equity over the analyzed periods. Further analysis and investigation may be required to understand the underlying reasons for these fluctuations in profitability performance.