Coterra Energy Inc (CTRA)
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 | 85.32% | 87.04% | 88.87% | 90.39% | 90.14% | 84.96% | 82.45% | 77.52% | 74.96% | 89.76% | 91.48% | 91.40% | 90.68% | 90.71% | 91.93% | 92.81% | 93.76% | 92.37% | 92.72% | 92.65% |
| Operating profit margin | 36.42% | 43.53% | 50.94% | 57.79% | 57.55% | 57.27% | 54.12% | 46.87% | 45.35% | 29.09% | 25.09% | 24.94% | 20.15% | 24.12% | 30.58% | 38.05% | 46.25% | 46.28% | 45.97% | 40.22% |
| Pretax margin | 35.98% | 43.15% | 50.82% | 57.53% | 57.11% | 56.64% | 52.98% | 45.35% | 43.55% | 26.22% | 21.85% | 21.61% | 16.50% | 20.15% | 27.00% | 34.87% | 43.56% | 43.85% | 43.63% | 37.42% |
| Net profit margin | 27.48% | 33.96% | 40.12% | 45.19% | 44.91% | 44.14% | 41.05% | 35.13% | 33.57% | 20.92% | 17.80% | 17.73% | 13.70% | 14.69% | 19.98% | 26.07% | 32.96% | 34.86% | 34.51% | 29.81% |
Coterra Energy Inc has demonstrated consistent and impressive profitability ratios over the quarters indicated. The gross profit margin has remained at 100% throughout the last four quarters, indicating efficient cost management and strong pricing strategies.
The operating profit margin has shown a generally positive trend, starting at 46.86% in Q1 2022 and gradually increasing to 57.77% in Q1 2023. This suggests that the company is effectively controlling its operating expenses and generating higher profits from its core business activities.
Similarly, the pretax margin has improved steadily from 45.35% in Q1 2022 to 57.53% in Q1 2023, indicating effective management of both operating and non-operating costs.
The net profit margin has also shown a positive trend, increasing from 35.06% in Q1 2022 to 45.10% in Q1 2023. This performance suggests that Coterra Energy Inc is efficient in managing its overall expenses, including taxes, and generating higher profits for its shareholders.
Overall, the profitability ratios reflect Coterra Energy Inc's strong financial performance and ability to generate consistent profits across its operations.
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) | 10.55% | 14.29% | 19.89% | 26.25% | 25.85% | 25.37% | 18.13% | 10.76% | 7.86% | 10.33% | 8.34% | 8.44% | 6.53% | 8.03% | 10.87% | 15.24% | 21.30% | 24.18% | 24.55% | 21.15% |
| Return on assets (ROA) | 7.96% | 11.15% | 15.66% | 20.53% | 20.17% | 19.56% | 13.75% | 8.07% | 5.82% | 7.43% | 5.92% | 6.00% | 4.44% | 4.89% | 7.10% | 10.44% | 15.18% | 18.21% | 18.43% | 15.68% |
| Return on total capital | 15.05% | 20.47% | 27.28% | 36.23% | 35.57% | 34.95% | 24.70% | 14.80% | 10.55% | 14.84% | 11.84% | 11.81% | 9.34% | 11.47% | 15.32% | 21.45% | 29.10% | 32.10% | 31.44% | 26.77% |
| Return on equity (ROE) | 12.46% | 17.52% | 24.60% | 32.70% | 32.11% | 31.37% | 23.29% | 14.00% | 9.87% | 15.11% | 11.86% | 11.84% | 9.07% | 10.21% | 14.84% | 21.77% | 31.66% | 36.56% | 35.87% | 30.27% |
Coterra Energy Inc's profitability ratios show a generally positive trend over the quarters analyzed.
Starting with the Operating Return on Assets (Operating ROA), the company's performance ranged from 10.49% in Q4 2023 to 26.24% in Q1 2023. This indicates that for every dollar of assets, Coterra Energy generated between 10.49 cents and 26.24 cents in operating profit.
Moving on to the Return on Assets (ROA), which considers overall profitability, the company's performance ranged from 7.94% in Q4 2023 to 20.49% in Q1 2023. This ratio provides insight into how efficiently the company is using its assets to generate profit.
Looking at the Return on Total Capital ratio, we see a similar positive trend. Coterra Energy's performance ranged from 14.07% in Q4 2023 to 35.61% in Q1 2023. This ratio takes into account the company's total capital employed, including debt and equity, to assess profitability.
Finally, examining the Return on Equity (ROE), which measures how effectively the company is using shareholders' equity to generate profit, we observe a consistent increase over the quarters analyzed. The ROE ranged from 12.42% in Q4 2023 to 32.61% in Q1 2023, reflecting strong performance in generating returns for shareholders.
Overall, Coterra Energy Inc's profitability ratios indicate that the company has been efficiently utilizing its assets and capital to generate profits, with improving returns for both shareholders and overall capital providers.