Reserve Petroleum (RSRV) Gross Margin (2010 - 2023)

Reserve Petroleum's Gross Margin history runs 14 years deep, the most recent figure standing at 64.0% for Q1 2023.

• On a quarterly basis, Gross Margin fell 1523.0% year-over-year to 64.0% in Q1 2023; TTM through Mar 2023 was 73.99%, a 50.0% increase from a year earlier, with the FY2022 full-year figure at 77.49%, up 735.0% from the prior year.
• Gross Margin eased to 64.0% in Q1 2023 per RSRV's latest filing, from 73.55% in the prior quarter.
• Across five years, Gross Margin topped out at 81.28% in Q2 2022 and bottomed at 35.45% in Q2 2020.
• The 5-year median for Gross Margin is 66.2% (2019), against an average of 65.2%.
• Across the five-year window, Gross Margin tumbled 3068 bps in 2020 and surged 3177 bps in 2021, its largest moves.
• Year by year, Gross Margin stood at 66.2% in 2019, then dropped by 25 bps to 49.54% in 2020, then soared by 35 bps to 66.97% in 2021, then grew by 10 bps to 73.55% in 2022, then dropped by 13 bps to 64.0% in 2023.
• Per Business Quant, the three latest RSRV Gross Margin figures stand at 64.0% (Q1 2023), 73.55% (Q4 2022), and 73.7% (Q3 2022).