Comstock Resources Inc (CRK)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -168,615 | 226,472 | 2,281,480 | 900,774 | 163,032 |
| Revenue | US$ in thousands | 1,253,580 | 1,565,110 | 3,628,060 | 1,850,730 | 858,195 |
| Operating profit margin | -13.45% | 14.47% | 62.88% | 48.67% | 19.00% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-168,615K ÷ $1,253,580K
= -13.45%
Comstock Resources Inc's operating profit margin has displayed significant fluctuations over the past five years. The company experienced a substantial increase in operating profit margin from 19.00% as of December 31, 2020, to 62.88% as of December 31, 2022, indicating improved operational efficiency and profitability during this period.
However, there was a sharp decline in the operating profit margin to 14.47% by December 31, 2023, suggesting potential challenges or cost pressures impacting the company's profitability. The operating profit margin further worsened to -13.45% by December 31, 2024, indicating a negative margin situation, possibly due to operational inefficiencies or significant one-time expenses affecting profitability.
Overall, the fluctuating trend in operating profit margin for Comstock Resources Inc reflects varying operational performances and financial challenges faced by the company over the analyzed period. Further analysis of the underlying factors contributing to these fluctuations would be necessary to assess the company's financial health accurately.
Peer comparison
Dec 31, 2024