Range Resources Corp (RRC)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	266,340	871,142	1,183,370	411,778	-711,777
Revenue	US$ in thousands	2,417,080	3,374,870	4,146,800	2,930,220	1,968,700
Net profit margin		11.02%	25.81%	28.54%	14.05%	-36.15%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $266,340K ÷ $2,417,080K
= 11.02%

Range Resources Corp's net profit margin has shown significant fluctuations over the past five years.

In December 2020, the net profit margin was negative at -36.15%, indicating that the company's expenses exceeded its revenues, resulting in a loss. However, there has been a notable turnaround in the subsequent years.

By December 2021, the net profit margin improved significantly to 14.05%, showing that the company was able to generate profits relative to its total revenue. This positive trend continued into 2022, where the net profit margin further increased to 28.54%, indicating improved profitability and efficient cost management.

In 2023, the net profit margin slightly decreased to 25.81%, but it remained at a relatively high level, suggesting that the company continued to maintain strong profitability. However, by December 2024, there was a noticeable decline in the net profit margin to 11.02%, signaling a potential decrease in profitability compared to the previous year.

Overall, Range Resources Corp's net profit margin has experienced both positive and negative fluctuations over the years, reflecting the company's ability to manage costs and generate profits. Further analysis of the factors influencing these fluctuations would be required to provide a deeper understanding of the company's financial performance.