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.
Peer comparison
Dec 31, 2024