Growth Metrics

Chord Energy (CHRD) Gross Margin (2016 - 2025)

Chord Energy (CHRD) has disclosed Gross Margin for 14 consecutive years, with 93.04% as the latest value for Q3 2024.

  • On a quarterly basis, Gross Margin fell 51.0% to 93.04% in Q3 2024 year-over-year; TTM through Sep 2024 was 93.43%, a 5.0% increase, with the full-year FY2023 number at 93.33%, down 38.0% from a year prior.
  • Gross Margin was 93.04% for Q3 2024 at Chord Energy, down from 93.69% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 95.55% in Q2 2021 to a low of 92.9% in Q4 2023.
  • A 5-year average of 94.04% and a median of 93.9% in 2024 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: plummeted -203bps in 2022, then surged 86bps in 2024.
  • Chord Energy's Gross Margin stood at 94.51% in 2020, then grew by 1bps to 95.03% in 2021, then dropped by -2bps to 93.1% in 2022, then fell by 0bps to 92.9% in 2023, then increased by 0bps to 93.04% in 2024.
  • Per Business Quant, the three most recent readings for CHRD's Gross Margin are 93.04% (Q3 2024), 93.69% (Q2 2024), and 94.11% (Q1 2024).