Permian Resources Corporation (PR)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Net income (ttm)	US$ in thousands	984,701	1,023,405	682,462	520,761	593,987	537,341	835,412	953,839	749,840	711,883	405,503	188,622	138,175	-111,231	-199,884	-169,499	-682,837	-584,564	-536,620	-524,073
Revenue (ttm)	US$ in thousands	5,000,730	4,827,340	4,370,311	3,747,629	3,120,897	2,759,763	2,551,000	2,400,256	2,131,265	1,686,128	1,424,855	1,184,778	1,029,892	861,550	722,146	580,078	580,456	688,771	768,800	922,530
Net profit margin		19.69%	21.20%	15.62%	13.90%	19.03%	19.47%	32.75%	39.74%	35.18%	42.22%	28.46%	15.92%	13.42%	-12.91%	-27.68%	-29.22%	-117.64%	-84.87%	-69.80%	-56.81%

December 31, 2024 calculation

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

Permian Resources Corporation has shown a fluctuating trend in its net profit margin over the past few years. The company experienced negative net profit margins in the initial periods, with figures as low as -117.64% in December 2020. This indicates that the company's expenses exceeded its revenue during those periods.

However, there has been a notable improvement in the net profit margin from March 2021 onwards, with the company gradually moving into positive territory. The net profit margin saw significant increases in the latter half of 2022 and the first half of 2023, reaching levels above 30%. This improvement suggests that Permian Resources Corporation has been able to effectively manage its expenses and increase its profitability during this period.

Although there was a slight dip in the net profit margin in the second half of 2023 and the first half of 2024, the company still maintained margins above 10%, indicating continued profitability. Overall, the upward trend in the net profit margin from negative figures to double-digit percentages in recent periods reflects positive financial performance and improved efficiency in generating profits for Permian Resources Corporation.