Range Resources Corp (RRC)

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	266,340	481,532	480,306	481,833	871,142	1,375,344	1,699,001	2,121,625	1,183,370	1,260,500	537,146	-72,181	411,778	-441,187	-839,710	-850,821	-711,777	-2,555,498	-1,834,289	-1,551,521
Revenue (ttm)	US$ in thousands	2,417,084	2,731,802	2,726,493	2,833,427	3,374,418	4,063,441	4,564,257	5,152,420	4,146,796	4,083,246	3,275,345	2,484,927	2,930,223	1,962,279	1,958,985	1,900,809	1,968,697	1,975,415	2,298,515	2,773,398
Net profit margin		11.02%	17.63%	17.62%	17.01%	25.82%	33.85%	37.22%	41.18%	28.54%	30.87%	16.40%	-2.90%	14.05%	-22.48%	-42.86%	-44.76%	-36.15%	-129.37%	-79.80%	-55.94%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $266,340K ÷ $2,417,084K
= 11.02%

Range Resources Corp has experienced fluctuations in its net profit margin over the past few years. The company's net profit margin was highly negative in the earlier periods, indicating significant losses relative to its revenue. However, there has been a notable improvement in recent quarters, with the net profit margin gradually turning positive.

The trend shows a shift from substantial losses to profitability, as evidenced by the increasing percentages from negative figures to positive values. This improvement suggests that Range Resources Corp has been able to better manage its costs and enhance its operational efficiency, leading to a stronger bottom line.

The most recent data indicates that the net profit margin has stabilized at around 10-40%, indicating a reasonable level of profitability for the company. This positive trend bodes well for the company's financial health and indicates its ability to generate profits from its operations.

Overall, the upward trajectory of Range Resources Corp's net profit margin reflects improvements in its financial performance and suggests a positive outlook for the company's profitability in the future.