Civitas Resources Inc (CIVI)
75.82
+0.46
(+0.62%)
USD |
NYSE |
May 07, 16:00
75.82
0.00 (0.00%)
After-Hours: 20:00
Civitas Resources Gross Profit Margin (Quarterly): 39.61% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 39.61% |
| December 31, 2023 | 61.94% |
| September 30, 2023 | 43.26% |
| June 30, 2023 | 37.22% |
| March 31, 2023 | 42.55% |
| December 31, 2022 | 86.44% |
| September 30, 2022 | 56.76% |
| June 30, 2022 | 63.59% |
| March 31, 2022 | 58.39% |
| December 31, 2021 | 65.63% |
| September 30, 2021 | 61.24% |
| June 30, 2021 | 52.48% |
| March 31, 2021 | 48.72% |
| December 31, 2020 | 36.49% |
| September 30, 2020 | 48.15% |
| June 30, 2020 | -6.71% |
| Date | Value |
|---|---|
| March 31, 2020 | 33.86% |
| December 31, 2019 | 45.83% |
| September 30, 2019 | 45.42% |
| June 30, 2019 | 53.33% |
| March 31, 2019 | 56.23% |
| December 31, 2018 | 62.55% |
| September 30, 2018 | 59.10% |
| June 30, 2018 | 55.67% |
| March 31, 2018 | 54.59% |
| September 30, 2017 | 49.83% |
| March 31, 2017 | 27.39% |
| December 31, 2016 | 9.54% |
| September 30, 2016 | 10.47% |
| June 30, 2016 | 9.27% |
| March 31, 2016 | -5.54% |
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
-6.71%
Minimum
Jun 2020
86.44%
Maximum
Dec 2022
48.71%
Average
48.43%
Median
Gross Profit Margin (Quarterly) Benchmarks
| APA Corp | 47.98% |
| SilverBow Resources Inc | 50.40% |
| SM Energy Co | 45.75% |
| SandRidge Energy Inc | 46.49% |
| Amplify Energy Corp | 40.05% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 13.07% |
| Return on Assets | 6.33% |
| Return on Invested Capital | 8.35% |
| Profit Margin (Quarterly) | 13.23% |
| Operating Margin (Quarterly) | 33.82% |
| Return on Net Operating Assets | 6.92% |