Sitio Royalties Corp (STR)
23.33
+0.12
(+0.52%)
USD |
NYSE |
May 07, 11:42
Sitio Royalties Gross Profit Margin (Quarterly): 54.07% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 54.07% |
| September 30, 2023 | 48.49% |
| June 30, 2023 | 45.60% |
| March 31, 2023 | 55.07% |
| December 31, 2022 | 62.77% |
| September 30, 2022 | 72.29% |
| Date | Value |
|---|---|
| June 30, 2022 | 77.32% |
| March 31, 2022 | 76.82% |
| December 31, 2021 | 75.49% |
| September 30, 2021 | 61.99% |
| June 30, 2021 | 54.57% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
45.60%
Minimum
Jun 2023
77.32%
Maximum
Jun 2022
62.23%
Average
61.99%
Median
Sep 2021
Gross Profit Margin (Quarterly) Benchmarks
| Evolution Petroleum Corp | 19.35% |
| Houston American Energy Corp | 26.41% |
| Tellurian Inc | 31.50% |
| Mexco Energy Corp | 51.62% |
| Riley Exploration Permian Inc | 58.52% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -0.41% |
| Return on Assets | -0.31% |
| Return on Invested Capital | -0.33% |
| Profit Margin (Quarterly) | -25.23% |
| Operating Margin (Quarterly) | 46.14% |
| Return on Net Operating Assets | -0.31% |