Comstock Resources (CRK) Gross Margin (2009 - 2018)
Comstock Resources' (CRK) quarterly Gross Margin came in at 94.03% in Q1 2018, up 170.0% year-on-year from 34.83% in Q1 2017, and up 1.08% quarter-over-quarter from 93.02% in Q4 2017.
Comstock Resources (CRK) Gross Margin (2009 - 2018) Analysis & Trends
Comstock Resources' Gross Margin history runs 10 years deep, the most recent figure standing at 94.03% for Q1 2018.
- On a quarterly basis, Gross Margin rose 170.0% year-over-year to 94.03% in Q1 2018; TTM through Mar 2018 was 93.53%, a 159.0% increase from a year earlier, with the FY2017 full-year figure at 93.13%, up 2294.0% from the prior year.
- Gross Margin improved to 94.03% in Q1 2018 per CRK's latest filing, from 93.02% in the prior quarter.
- Across five years, Gross Margin topped out at 97.98% in Q2 2014 and bottomed at 87.93% in Q1 2016.
- The 5-year median for Gross Margin is 93.92% (2015), against an average of 93.89%.
- Across the five-year window, Gross Margin plunged 778 bps in 2016 and soared 440 bps in 2017, its largest moves.
- Year by year, Gross Margin stood at 97.46% in 2014, then declined by 7 bps to 90.56% in 2015, then advanced by 2 bps to 92.57% in 2016, then gained by 0 bps to 93.02% in 2017, then rose by 1 bps to 94.03% in 2018.
- Per Business Quant, the three latest CRK Gross Margin figures stand at 94.03% (Q1 2018), 93.02% (Q4 2017), and 92.88% (Q3 2017).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 60.14% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 99.43% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 89.26% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 93.19% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 78.73% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 80.17% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 95.79% |
| 10 | Comstock Resources | 3.77 Bn | 3.71 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2018 | 94.03% |
| Dec 31, 2017 | 93.02% |
| Sep 30, 2017 | 92.88% |
| Jun 30, 2017 | 94.23% |
| Mar 31, 2017 | 92.33% |
| Dec 31, 2016 | 92.57% |
| Sep 30, 2016 | 92.39% |
| Jun 30, 2016 | 90.11% |
| Mar 31, 2016 | 87.93% |
| Dec 31, 2015 | 90.56% |
| Sep 30, 2015 | 93.92% |
| Jun 30, 2015 | 95.78% |
| Mar 31, 2015 | 95.71% |
| Dec 31, 2014 | 97.46% |
| Sep 30, 2014 | 97.84% |
| Jun 30, 2014 | 97.98% |
| Mar 31, 2014 | 97.34% |
| Dec 31, 2013 | 96.02% |
| Sep 30, 2013 | 95.99% |
| Jun 30, 2013 | 95.96% |