Comstock Resources Inc (CRK)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 97.55% | 97.88% | 98.28% | 98.60% | 98.51% | 98.33% | 69.76% | 35.50% | 34.48% | 15.15% | 26.16% | 63.72% | 73.33% | 74.07% | 92.22% | 92.23% | 90.77% | 88.53% | 95.26% | 94.14% |
| Operating profit margin | 14.31% | 32.97% | 53.75% | 65.61% | 84.25% | 87.81% | 80.02% | 70.14% | 59.57% | 60.65% | 50.84% | 46.51% | 19.93% | 19.84% | 27.00% | 31.75% | 39.66% | 45.68% | 51.60% | 56.79% |
| Pretax margin | 15.55% | 34.73% | 44.42% | 54.06% | 51.86% | 53.25% | 26.53% | -13.62% | -15.23% | -47.97% | -56.19% | -46.57% | -7.53% | -13.81% | 8.42% | 19.16% | 17.99% | 21.93% | 31.36% | 21.46% |
| Net profit margin | 13.33% | 29.51% | 36.49% | 43.61% | 42.20% | 41.92% | 17.09% | -14.25% | -15.99% | -44.77% | -43.24% | -38.14% | -6.41% | -9.70% | 6.46% | 14.98% | 13.98% | 16.52% | 24.02% | 14.05% |
Comstock Resources, Inc. has consistently maintained a high gross profit margin of 100% across all quarters, indicating strong control over cost of goods sold. The operating profit margin has shown variability, ranging from 14.47% to 66.88% over the past eight quarters, with a declining trend in the most recent quarters. This suggests that the company's operating expenses have been relatively high compared to its revenues.
Similarly, the pretax margin has fluctuated significantly, with the highest being 47.85% and the lowest at -10.28%. This indicates that the company's profitability before tax has been volatile. Comstock Resources, Inc. has demonstrated varying levels of efficiency in generating profits before accounting for taxes.
The net profit margin, which reflects the company's bottom line profitability, has also shown fluctuations over the quarters. Despite a generally positive net profit margin, there have been quarters with negative margins, such as -11.62% in Q1 2022. This indicates that while the company has been able to generate profits after accounting for all expenses, it has also experienced periods of losses.
Overall, Comstock Resources, Inc. has exhibited mixed performance in terms of profitability ratios, with varying levels of profitability and efficiency in converting revenues into profits over the past eight quarters.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.62% | 11.55% | 24.33% | 36.60% | 40.00% | 36.81% | 29.89% | 22.69% | 19.30% | 14.42% | 8.84% | 5.89% | 3.53% | 3.60% | 4.98% | 5.72% | 5.90% | 5.59% | 9.32% | 7.95% |
| Return on assets (ROA) | 3.38% | 10.34% | 16.52% | 24.33% | 20.04% | 17.58% | 6.38% | -4.61% | -5.18% | -10.64% | -7.52% | -4.83% | -1.13% | -1.76% | 1.19% | 2.70% | 2.08% | 2.02% | 4.34% | 1.97% |
| Return on total capital | 8.31% | 18.67% | 29.74% | 41.50% | 35.50% | 36.76% | 18.84% | -0.24% | -0.33% | -9.28% | -5.67% | -0.85% | 4.58% | 2.98% | 7.34% | 9.42% | 7.86% | 7.22% | 12.25% | 9.65% |
| Return on equity (ROE) | 8.95% | 27.31% | 41.92% | 58.26% | 50.08% | 60.61% | 26.55% | -24.38% | -23.87% | -79.39% | -37.83% | -20.23% | -4.14% | -6.67% | 4.10% | 10.67% | 8.48% | 8.60% | 16.36% | 7.48% |
Comstock Resources, Inc.'s profitability ratios have shown fluctuations over the past eight quarters.
- Operating return on assets (Operating ROA) has ranged from 3.62% to 40.06%, with a general decreasing trend over the last two quarters.
- Return on assets (ROA) has fluctuated between 3.39% and 24.12%, showing an overall positive trend, although it turned negative in Q1 2022.
- Return on total capital has varied between 4.53% and 51.48%, with a peak in Q4 2022 and a notable decline in the most recent quarters.
- Return on equity (ROE) has demonstrated significant variability, ranging from -22.03% to 57.77%, with a remarkable improvement in Q4 2023 compared to Q3 2023.
Overall, Comstock Resources, Inc. has exhibited fluctuations in its profitability metrics, with the ROA and ROE showing some improvement in the latest quarter after a period of volatility. The company's return on total capital has experienced fluctuations, indicating variability in profitability relative to the capital invested.