Permian Resources Corporation (PR)
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 | 90.33% | 90.37% | 88.65% | 89.48% | 87.91% | 90.61% | 91.89% | 86.99% | 84.78% | 69.18% | 64.25% | 67.40% | -29.47% | -1.18% | 10.86% | 17.28% | 82.16% | 86.12% | 82.83% | 80.18% |
| Operating profit margin | 35.86% | 43.45% | 37.93% | 44.55% | 50.58% | 50.47% | 59.93% | 54.97% | 44.56% | 25.11% | 4.48% | -25.17% | -132.10% | -97.64% | -81.97% | -62.45% | 8.97% | 11.95% | 18.62% | 23.27% |
| Pretax margin | 20.68% | 17.08% | 23.63% | 30.94% | 31.90% | 40.32% | 38.01% | 21.47% | 16.68% | -17.77% | -39.05% | -30.52% | -129.24% | -92.34% | -76.47% | -70.05% | 2.44% | 5.91% | 12.04% | 19.02% |
| Net profit margin | 15.58% | 12.31% | 18.53% | 24.84% | 25.86% | 35.52% | 33.93% | 20.67% | 16.61% | -17.77% | -39.05% | -30.17% | -114.82% | -80.69% | -66.23% | -61.26% | 1.78% | 4.32% | 9.26% | 14.60% |
Permian Resources Corp has maintained consistently high gross profit margins of 100% throughout the quarters, indicating efficient cost management in their production and sales processes.
However, there is some fluctuation observed in the company's operating profit margin from 39.36% to 52.43% over the quarters, which suggests varying levels of operating expenses relative to revenue.
The pretax margin has also shown variability, ranging from 16.54% to 46.96%, reflecting changes in income before accounting for taxes.
Net profit margins have fluctuated as well, ranging from 11.02% to 35.15%, with the lowest margin recorded in Q3 2023. This indicates fluctuations in net income relative to revenue over the quarters.
Overall, Permian Resources Corp's profitability ratios show some fluctuation, which could stem from various factors such as changes in expenses, revenue, and tax implications, requiring further analysis to understand the underlying reasons for these fluctuations.
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) | 7.33% | 11.65% | 11.07% | 12.36% | 11.86% | 9.78% | 16.96% | 12.67% | 9.74% | 3.88% | 0.58% | -3.57% | -20.38% | -18.03% | -16.52% | -13.01% | 1.69% | 2.22% | 3.55% | 4.47% |
| Return on assets (ROA) | 3.18% | 3.30% | 5.41% | 6.89% | 6.06% | 6.88% | 9.60% | 4.76% | 3.63% | -2.74% | -5.04% | -4.28% | -17.72% | -14.90% | -13.35% | -12.76% | 0.34% | 0.80% | 1.76% | 2.81% |
| Return on total capital | 12.78% | 15.75% | 22.89% | 27.01% | 24.90% | 26.30% | 17.19% | 11.90% | 11.93% | 4.10% | 0.88% | -5.37% | -29.96% | -26.32% | -24.29% | -19.67% | 2.44% | 3.18% | 5.16% | 6.47% |
| Return on equity (ROE) | 7.52% | 8.32% | 14.60% | 18.70% | 17.54% | 20.99% | 13.66% | 6.81% | 5.02% | -4.12% | -7.69% | -6.44% | -26.04% | -21.75% | -19.62% | -19.29% | 0.48% | 1.15% | 2.56% | 4.06% |
Permian Resources Corp's profitability ratios show some fluctuations over the past eight quarters.
The Operating Return on Assets (Operating ROA) has varied between 8.21% and 13.44% during this period. This ratio indicates the company's ability to generate profits from its assets before interest and taxes. The trend suggests that while the company has been profitable, there have been some fluctuations in its operational efficiency.
The Return on Assets (ROA) has ranged from 3.18% to 6.89% over the same period. This ratio provides an overall measure of profitability by assessing how effectively the company is utilizing its assets to generate earnings. The lower ROA figures compared to Operating ROA indicate the impact of interest and taxes on profitability.
Permian Resources Corp's Return on Total Capital has fluctuated between 12.06% and 22.29%. This ratio reflects the company's ability to generate returns for both equity and debt holders. The varying figures suggest changes in the company's capital structure and profitability over time.
The Return on Equity (ROE) shows a trend from 6.81% to 18.70% over the analyzed quarters, with peaks and troughs. This ratio assesses the company's ability to generate returns for its shareholders based on their equity investment. The fluctuations in ROE indicate changes in profitability relative to the equity invested in the company.
Overall, Permian Resources Corp's profitability ratios demonstrate a mixed performance over the past eight quarters, with some quarters showing stronger profitability metrics than others. It is essential for stakeholders to closely monitor these ratios to assess the company's financial health and performance.