Comstock Resources Inc (CRK)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -218,754 | 211,567 | 1,140,880 | -241,725 | -52,417 |
| Revenue | US$ in thousands | 1,253,580 | 1,565,110 | 3,628,060 | 1,850,730 | 858,195 |
| Net profit margin | -17.45% | 13.52% | 31.45% | -13.06% | -6.11% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-218,754K ÷ $1,253,580K
= -17.45%
Comstock Resources Inc's net profit margin has shown fluctuations over the years based on the provided data. In December 31, 2020, the company had a net profit margin of -6.11%, indicating that it experienced a loss relative to its revenue. Subsequently, in December 31, 2021, the net profit margin worsened to -13.06%, reflecting a further decline in profitability.
However, the company's financial performance improved significantly by December 31, 2022, with a notable net profit margin of 31.45%. This substantial increase suggests that Comstock Resources Inc was able to generate substantial profits relative to its revenue during that period.
In the following years, the net profit margin experienced some fluctuation. By December 31, 2023, the margin was 13.52%, indicating a decent but lower level of profitability compared to 2022. In December 31, 2024, the company saw a significant decrease in profitability, with the net profit margin plummeting to -17.45%, signifying a substantial loss relative to its revenue.
Overall, the analysis of Comstock Resources Inc's net profit margin showcases a volatile trend in profitability over the specified period, reflecting challenges in maintaining consistent financial performance.
Peer comparison
Dec 31, 2024