Ring Energy Inc (REI)
2.00
+0.01
(+0.50%)
USD |
NYAM |
Apr 26, 16:00
1.985
-0.02
(-0.75%)
After-Hours: 20:00
Ring Energy Gross Profit Margin (Quarterly): 49.99% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 49.99% |
| September 30, 2023 | 50.18% |
| June 30, 2023 | 46.40% |
| March 31, 2023 | 48.99% |
| December 31, 2022 | 55.08% |
| September 30, 2022 | 64.83% |
| June 30, 2022 | 70.82% |
| March 31, 2022 | 64.38% |
| December 31, 2021 | 62.92% |
| September 30, 2021 | 58.74% |
| June 30, 2021 | 56.90% |
| March 31, 2021 | 49.04% |
| December 31, 2020 | 31.03% |
| September 30, 2020 | 29.36% |
| June 30, 2020 | -42.30% |
| March 31, 2020 | 33.74% |
| December 31, 2019 | 45.35% |
| September 30, 2019 | 36.40% |
| June 30, 2019 | 44.04% |
| March 31, 2019 | 41.27% |
| December 31, 2018 | 28.02% |
| September 30, 2018 | 39.73% |
| June 30, 2018 | 42.48% |
| March 31, 2018 | 47.45% |
| December 31, 2017 | 41.35% |
| Date | Value |
|---|---|
| September 30, 2017 | 40.68% |
| June 30, 2017 | 35.59% |
| March 31, 2017 | 44.77% |
| December 31, 2016 | 36.31% |
| September 30, 2016 | 32.42% |
| June 30, 2016 | 27.89% |
| March 31, 2016 | -1.51% |
| December 31, 2015 | 5.29% |
| September 30, 2015 | 7.34% |
| June 30, 2015 | 35.01% |
| March 31, 2015 | 4.08% |
| December 31, 2014 | 54.29% |
| September 30, 2014 | 41.93% |
| June 30, 2014 | 54.72% |
| March 31, 2014 | 56.83% |
| December 31, 2013 | 71.88% |
| September 30, 2013 | 52.52% |
| June 30, 2013 | 48.08% |
| March 31, 2013 | 53.29% |
| December 31, 2012 | 38.14% |
| September 30, 2012 | 6.21% |
| June 30, 2012 | 4.05% |
| March 31, 2012 | 22.24% |
| December 31, 2011 | |
| September 30, 2011 | 63.49% |
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
-42.30%
Minimum
Jun 2020
70.82%
Maximum
Jun 2022
45.05%
Average
49.04%
Median
Mar 2021
Gross Profit Margin (Quarterly) Benchmarks
| Amplify Energy Corp | 40.05% |
| VAALCO Energy Inc | 65.34% |
| Permianville Royalty Trust | -- |
| EOG Resources Inc | 75.36% |
| Talos Energy Inc | -48.93% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 14.49% |
| Return on Assets | 7.98% |
| Return on Invested Capital | 9.18% |
| Profit Margin (Quarterly) | 50.93% |
| Operating Margin (Quarterly) | 40.92% |
| Return on Net Operating Assets | 8.18% |