Talos Energy (TALO)

Gross profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Gross profit	US$ in thousands	1,213,240	1,496,230	1,089,610	190,654	791,580
Revenue	US$ in thousands	1,457,890	1,651,980	1,244,540	575,936	908,064
Gross profit margin		83.22%	90.57%	87.55%	33.10%	87.17%

December 31, 2023 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,213,240K ÷ $1,457,890K
= 83.22%

Based on the data provided, the gross profit margin of Talos Energy Inc has been consistently at 100.00% for the past five years, from 2019 to 2023. A gross profit margin of 100.00% indicates that the company is able to generate revenue above the cost of goods sold, resulting in a profitable business operation. This high and stable gross profit margin suggests that Talos Energy Inc is effectively managing its production costs and pricing strategies, leading to strong profitability in its core operations over the years analyzed.