Reserve Petroleum Co (RSRV) Gross Margin (2017 - 2023)
Reserve Petroleum (RSRV) recorded Gross Margin of 65.91% in Q1 2023, down 13.32 percentage points from 79.23% a year earlier and down 7.65 percentage points from the prior quarter.
Reserve Petroleum Co (RSRV) Gross Margin (2017 - 2023) Analysis & Trends
On a TTM basis, Reserve Petroleum's Gross Margin came in at 74.76% as of Mar 31, 2023, up 1.07 percentage points year-over-year; for FY2022, it was 77.49%, up 7.35 percentage points from FY2021.
- Annual Gross Margin has a five-year change of +12.20 percentage points (FY2017 to FY2022).
- Across earlier years, Gross Margin came in at 70.14% in FY2021 (+16.16 pp), 53.99% in FY2020 (-10.80 pp), 64.78% in FY2019 (-6.50 pp) and 71.28% in FY2018 (+5.99 pp).
- The Q1 2023 figure is the lowest quarterly Gross Margin since Q4 2020.
- On a year-over-year basis, Gross Margin rose in seven of the last eight quarters, with an average year-over-year change of +10.08 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 33.53 percentage points in Q2 2021, against a drop of 32.12 percentage points in Q2 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at 73.55% (Q4 2022), 75.85% (Q3 2022) and 81.28% (Q2 2022).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 65.91% |
| Dec 31, 2022 | 73.55% |
| Sep 30, 2022 | 75.85% |
| Jun 30, 2022 | 81.28% |
| Mar 31, 2022 | 79.23% |
| Dec 31, 2021 | 66.97% |
| Sep 30, 2021 | 75.26% |
| Jun 30, 2021 | 68.98% |
| Mar 31, 2021 | 67.10% |
| Dec 31, 2020 | 49.54% |
| Sep 30, 2020 | 63.87% |
| Jun 30, 2020 | 35.45% |
| Mar 31, 2020 | 56.94% |
| Dec 31, 2019 | 67.05% |
| Sep 30, 2019 | 56.96% |
| Jun 30, 2019 | 67.56% |
| Mar 31, 2019 | 65.09% |
| Dec 31, 2018 | 66.15% |
| Sep 30, 2018 | 73.98% |
| Jun 30, 2018 | 76.77% |
Reserve Petroleum Co 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=RSRV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "RSRV", "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=RSRV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();