Comstock Resources (CRK) Gross Margin (2009 - 2018)
Comstock Resources (CRK) posted quarterly Gross Margin of 94.03% for Q1 2018, up 170.0% year-over-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.
- In Q1 2018, Gross Margin rose 170.0% year-over-year to 94.03%; the TTM figure through Mar 2018 stood at 93.53% (up 159.0% YoY), while the FY2017 annual figure was 93.13%, up 214.0% from the prior year.
- Gross Margin for Q1 2018 stood at 94.03%, up from 93.02% in the prior quarter.
- The five-year high for Gross Margin was 97.98% in Q2 2014, with the low at 87.93% in Q1 2016.
- The 5-year median for Gross Margin is 93.92% (2015), against an average of 93.89%.
- The sharpest annual moves came in 2016 and 2017: Gross Margin tumbled 778 bps in 2016, then soared 440 bps in 2017.
- Comstock Resources' Gross Margin stood at 97.46% in 2014, then dropped by 7 bps to 90.56% in 2015, then gained by 2 bps to 92.57% in 2016, then rose by 0 bps to 93.02% in 2017, then increased by 1 bps to 94.03% in 2018.
- Business Quant data shows CRK's Gross Margin at 94.03% in Q1 2018, 93.02% in Q4 2017, and 92.88% in Q3 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 85.63% |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | - |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 99.84% |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 81.22% |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 91.41% |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 95.88% |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 78.73% |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Comstock Resources | 4.02 Bn | 3.92 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% |