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.

• In Q1 2023, Gross Margin fell 1334.0% year-over-year to 64.0%; the TTM figure through Mar 2023 stood at 75.46% (up 261.0% YoY), while the FY2022 annual figure was 77.49%, up 762.0% from the prior year.
• Gross Margin was 64.0% for Q1 2023 at Reserve Petroleum, down from 78.38% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 79.55% in Q2 2022 to a low of 35.45% in Q2 2020.
• Historically, Gross Margin has averaged 65.2% across 5 years, with a median of 66.2% in 2019.
• The sharpest annual moves came in 2020 and 2021: Gross Margin tumbled 3068 bps in 2020, then surged 3353 bps in 2021.
• A 5-year view of Gross Margin shows it stood at 66.2% in 2019, then slumped by 32 bps to 44.77% in 2020, then jumped by 49 bps to 66.54% in 2021, then increased by 18 bps to 78.38% in 2022, then dropped by 18 bps to 64.0% in 2023.
• The last three Gross Margin figures came in at 64.0% (Q1 2023), 78.38% (Q4 2022), and 75.85% (Q3 2022), per Business Quant data.