Comstock Resources Inc (CRK)

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	-218,754	-63,145	-19,534	61,070	211,894	623,336	958,462	1,376,696	1,130,769	966,940	328,788	-223,435	-246,136	-524,603	-362,789	-232,970	-56,817	-79,224	54,059	125,253
Revenue (ttm)	US$ in thousands	1,253,580	1,293,550	1,365,815	1,407,196	1,561,002	2,076,910	2,890,173	3,548,216	3,583,479	3,316,471	2,637,647	2,035,086	1,850,730	1,470,125	1,136,960	972,802	858,195	872,672	919,105	867,686
Net profit margin		-17.45%	-4.88%	-1.43%	4.34%	13.57%	30.01%	33.16%	38.80%	31.56%	29.16%	12.47%	-10.98%	-13.30%	-35.68%	-31.91%	-23.95%	-6.62%	-9.08%	5.88%	14.44%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-218,754K ÷ $1,253,580K
= -17.45%

Comstock Resources Inc's net profit margin has exhibited fluctuations over the quarters analyzed. The margin stood at 14.44% as of March 31, 2020, indicating a healthy profitability level. However, there was a decline in subsequent periods, reaching a low of -35.68% by September 30, 2021, showing a situation where the company's expenses outpaced its revenue generation.

Subsequently, there was a significant turnaround, with the net profit margin improving to 31.56% by December 31, 2022, and further increasing to 38.80% by March 31, 2023. This positive trend continued into the next few quarters before experiencing a slight decrease to 13.57% by December 31, 2023.

The net profit margin then dropped to 4.34% by March 31, 2024, indicating a potential decline in profitability. Furthermore, the margin turned negative in the following quarters up to December 31, 2024, suggesting that the company's expenses exceeded its income during those periods.

Overall, the company's net profit margin has shown variability, with periods of both strong profitability and challenges. It is important for stakeholders to closely monitor these trends to assess the company's financial health and performance.