Ring Energy (REI) Gross Profit (2010 - 2023)

Ring Energy (REI) has 14 years of Gross Profit data on file, last reported at $88.1 million in Q1 2023.

• For the quarter ending Q1 2023, Gross Profit rose 31.69% year-over-year to $88.1 million; the trailing twelve-month figure through Mar 2023 stood at $366.6 million (up 60.87% YoY), and the FY2023 full-year result was $360.6 million, up 4.39% from the prior year.
• Gross Profit eased to $88.1 million in Q1 2023, from $99.7 million in the prior quarter.
• In the past five years, Gross Profit ranged from a high of $99.7 million in Q4 2022 to a low of $9.8 million in Q2 2020.
• A 5-year average of $54.7 million and a median of $44.8 million in 2021 frame the typical range for Gross Profit.
• Across the five-year window, Gross Profit slumped 75.38% in 2020 and soared 357.23% in 2021, its largest moves.
• Tracing REI's Gross Profit over 5 years: stood at $85.8 million in 2019, then sank by 64.93% to $30.1 million in 2020, then soared by 125.71% to $67.9 million in 2021, then soared by 46.79% to $99.7 million in 2022, then retreated by 11.67% to $88.1 million in 2023.
• Business Quant data shows REI's Gross Profit at $88.1 million in Q1 2023, $99.7 million in Q4 2022, and $94.4 million in Q3 2022.