Ring Energy, Inc. (REI) Gross Margin (2012 - 2023)
Ring Energy's Gross Margin was 99.87% in FY2023, up 0.40 percentage points from 99.47% in FY2022.
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Analysis
Ring Energy, Inc. (REI) Gross Margin (2012 - 2023) Analysis & Trends
From FY2016 onward, Ring Energy has reported Gross Margin for 8 years.
- Gross Margin has now increased for three consecutive years, with a five-year change of +23.03 percentage points (FY2018 to FY2023).
- The FY2023 figure marks the highest annual Gross Margin in data going back to FY2016.
- Per Business Quant data, Gross Margin in earlier years was 99.47% in FY2022 (+1.68 pp), 97.79% in FY2021 (+1.41 pp), 96.38% in FY2020 (-2.15 pp) and 98.53% in FY2019 (+21.69 pp).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 100.00% |
| Dec 31, 2022 | 100.02% |
| Sep 30, 2022 | 100.00% |
| Jun 30, 2022 | 99.35% |
| Mar 31, 2022 | 98.10% |
| Dec 31, 2021 | 97.57% |
| Sep 30, 2021 | 97.87% |
| Jun 30, 2021 | 98.12% |
| Mar 31, 2021 | 97.63% |
| Dec 31, 2020 | 95.99% |
| Sep 30, 2020 | 96.64% |
| Jun 30, 2020 | 94.11% |
| Mar 31, 2020 | 97.09% |
| Dec 31, 2019 | 164.29% |
| Sep 30, 2019 | 69.25% |
| Jun 30, 2019 | 77.46% |
| Mar 31, 2019 | 77.49% |
| Dec 31, 2018 | 70.38% |
| Sep 30, 2018 | 77.92% |
| Jun 30, 2018 | 77.82% |
API Access
Ring Energy, Inc. Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=REI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "REI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=REI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();