Range Resources Corp (RRC)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 84.64% | 85.89% | 84.74% | 82.39% | 83.89% | 83.90% | 84.18% | 85.46% | 81.70% | 82.53% | 78.65% | 75.93% | 80.45% | 73.61% | 50.77% | 49.43% | 49.33% | -64.75% | -20.82% | -2.82% |
| Operating profit margin | 74.38% | 76.16% | 74.79% | 70.60% | 73.80% | 75.67% | 76.94% | 79.58% | 74.55% | 75.43% | 69.62% | 66.56% | 72.63% | 62.05% | 13.31% | 9.21% | 6.57% | -222.78% | -134.61% | -97.54% |
| Pretax margin | 10.37% | 20.99% | 20.99% | 21.44% | 32.61% | 42.11% | 45.55% | 50.27% | 34.10% | 32.47% | 15.67% | -8.07% | 13.72% | -23.71% | -44.44% | -47.49% | -37.45% | -156.13% | -103.27% | -73.14% |
| 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% |
Range Resources Corp's profitability ratios have shown a significant improvement over the period from March 31, 2020, to December 31, 2024.
- Gross profit margin experienced a notable recovery, increasing from negative percentages in early 2020 to a consistent range of around 80% by the end of 2024. This indicates the company's ability to effectively manage its production costs and generate higher profits from its core operations.
- Operating profit margin also displayed a positive trend, turning from negative values in 2020 to reaching above 70% by the end of 2024. This suggests improved operational efficiency and cost management by the company, leading to higher profitability from its business activities.
- Pretax margin followed a similar pattern, moving from negative figures to double-digit percentages by the end of 2024. This indicates that Range Resources Corp has been able to enhance its pre-tax profitability over the years, potentially through strategic decision-making and effective financial management.
- Net profit margin exhibited a strong recovery, transitioning from negative values in 2020 to reaching double-digit percentages by the end of 2024. This improvement suggests that the company has been successful in generating higher profits after accounting for all expenses, taxes, and interest payments.
Overall, Range Resources Corp has demonstrated a commendable improvement in its profitability ratios over the analyzed period, reflecting better financial performance and enhanced profitability in its operations.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 24.47% | 28.73% | 28.06% | 27.13% | 34.57% | 44.92% | 51.72% | 59.58% | 46.66% | 44.51% | 34.47% | 25.21% | 31.95% | 19.31% | 4.19% | 2.84% | 2.11% | -73.19% | -47.95% | -41.05% |
| Return on assets (ROA) | 3.62% | 6.65% | 6.61% | 6.54% | 12.09% | 20.09% | 25.02% | 30.83% | 17.86% | 18.22% | 8.12% | -1.10% | 6.18% | -7.00% | -13.48% | -13.78% | -11.60% | -42.50% | -28.43% | -23.54% |
| Return on total capital | 7.35% | 13.98% | 14.01% | 19.07% | 22.10% | 53.44% | 65.48% | 82.90% | 33.47% | 37.80% | 18.79% | 0.50% | 13.13% | -6.28% | -14.47% | -14.85% | -11.64% | -62.47% | -39.75% | -59.49% |
| Return on equity (ROE) | 6.77% | 12.45% | 12.44% | 12.59% | 23.13% | 39.89% | 50.15% | 64.19% | 41.15% | 58.26% | 27.17% | -4.51% | 19.74% | -37.35% | -55.13% | -51.14% | -43.47% | -160.32% | -78.52% | -62.17% |
Range Resources Corp has shown significant improvement in its profitability ratios over the past few years.
- The Operating Return on Assets (Operating ROA) has steadily increased from negative values in 2020 to a high of 59.58% in March 2023. This indicates that the company has been able to generate more operating income relative to its assets, reflecting improved operational efficiency.
- Similarly, the Return on Assets (ROA) improved from negative figures in 2020 to a positive trend, peaking at 30.83% in March 2023. This indicates that the company has been able to generate higher profits from its total assets over the years.
- The Return on Total Capital also demonstrates a positive trend, showing a strong improvement from negative values in 2020 to reach 82.90% in March 2023. This signifies that the company has been effectively utilizing its capital to generate higher returns for its investors.
- The Return on Equity (ROE) has also shown improvement, moving from negative percentages in 2020 to positive values, reaching a peak of 64.19% in March 2023. This suggests that the company has been efficient in generating profits for its shareholders relative to the equity invested.
Overall, the profitability ratios of Range Resources Corp have shown a positive trajectory, reflecting the company's ability to enhance operational efficiency, generate higher returns from its assets and capital, and create value for its shareholders over the years.