Civitas Resources Inc (CIVI)
49.48
+1.17
(+2.42%)
USD |
NYSE |
Nov 04, 16:00
49.57
+0.09
(+0.18%)
Pre-Market: 08:37
Civitas Resources Gross Profit Margin (Quarterly): 42.55% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 42.55% |
| March 31, 2024 | 47.28% |
| December 31, 2023 | 45.23% |
| September 30, 2023 | 51.32% |
| June 30, 2023 | 45.16% |
| March 31, 2023 | 50.53% |
| December 31, 2022 | 57.67% |
| September 30, 2022 | 65.19% |
| June 30, 2022 | 71.04% |
| March 31, 2022 | 66.13% |
| December 31, 2021 | 61.00% |
| September 30, 2021 | 66.08% |
| June 30, 2021 | 58.77% |
| March 31, 2021 | 54.93% |
| December 31, 2020 | 40.00% |
| September 30, 2020 | 36.15% |
| Date | Value |
|---|---|
| June 30, 2020 | 2.90% |
| March 31, 2020 | 42.43% |
| December 31, 2019 | 54.50% |
| September 30, 2019 | 54.39% |
| June 30, 2019 | 62.31% |
| March 31, 2019 | 62.08% |
| December 31, 2018 | 64.38% |
| September 30, 2018 | 67.82% |
| June 30, 2018 | 64.12% |
| March 31, 2018 | 62.74% |
| September 30, 2017 | 55.21% |
| March 31, 2017 | 35.61% |
| December 31, 2016 | 17.52% |
| September 30, 2016 | 18.78% |
| June 30, 2016 | 17.11% |
| March 31, 2016 | 1.60% |
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
2.90%
Minimum
Jun 2020
71.04%
Maximum
Jun 2022
50.47%
Average
51.32%
Median
Sep 2023
Gross Profit Margin (Quarterly) Benchmarks
| APA Corp | 45.77% |
| VAALCO Energy Inc | 19.96% |
| W&T Offshore Inc | 68.30% |
| Ring Energy Inc | 50.32% |
| SandRidge Energy Inc | 36.12% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 13.69% |
| Return on Assets | 6.20% |
| Return on Invested Capital | 8.13% |
| Profit Margin (Quarterly) | 16.45% |
| Operating Margin (Quarterly) | 30.07% |
| Return on Net Operating Assets | 6.68% |