Permian Resources Corporation (PR)

Net profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 984,701 476,306 749,840 138,175 -685,199
Revenue US$ in thousands 5,000,730 3,120,890 2,131,260 1,029,890 580,456
Net profit margin 19.69% 15.26% 35.18% 13.42% -118.04%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $984,701K ÷ $5,000,730K
= 19.69%

The net profit margin of Permian Resources Corporation has shown variability over the last five years. Starting at a negative figure of -118.04% in December 2020, the company managed to turn around and achieve a positive net profit margin of 13.42% by the end of December 2021. This positive trend continued as the net profit margin increased further to 35.18% by December 2022. However, there was a slight decrease in profitability in December 2023 with a net profit margin of 15.26%. Nevertheless, Permian Resources Corporation improved its profitability again by the end of December 2024, reaching a net profit margin of 19.69%. Overall, the company has demonstrated an ability to recover from negative margins and gradually enhance its profitability over the years, indicating a positive trend in its financial performance.