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
DateValue
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%