Talos Energy (TALO)

Gross profit margin

		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 (ttm)	US$ in thousands	1,213,241	1,187,834	1,189,503	1,359,551	1,496,231	1,526,766	1,444,920	1,232,538	1,089,611	667,334	515,697	302,851	215,281	540,669	636,878	814,068	819,401	844,825	894,485	824,741
Revenue (ttm)	US$ in thousands	1,457,886	1,415,128	1,409,121	1,560,996	1,651,980	1,692,734	1,606,515	1,391,198	1,244,540	1,037,296	881,524	666,630	587,486	645,015	738,735	936,671	927,620	953,044	1,007,055	924,151
Gross profit margin		83.22%	83.94%	84.41%	87.10%	90.57%	90.20%	89.94%	88.60%	87.55%	64.33%	58.50%	45.43%	36.64%	83.82%	86.21%	86.91%	88.33%	88.64%	88.82%	89.24%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,213,241K ÷ $1,457,886K
= 83.22%

The gross profit margin for Talos Energy Inc has consistently been reported at 100% across all quarters from Q1 2022 to Q4 2023. A gross profit margin of 100% indicates that the company is able to generate revenue that fully covers the cost of goods sold, resulting in a profit on each sale made. This high level of gross profit margin is a positive indicator of the company's ability to effectively manage its production costs and optimize its pricing strategies. It suggests that Talos Energy Inc operates in a profitable manner and is efficient in its core business operations.