SM Energy Co (SM)
45.46
+0.70
(+1.56%)
USD |
NYSE |
Nov 21, 16:00
45.53
+0.07
(+0.15%)
After-Hours: 20:00
SM Energy Gross Profit Margin (Quarterly): 45.31% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 45.31% |
| June 30, 2024 | 50.07% |
| March 31, 2024 | 45.75% |
| December 31, 2023 | 46.21% |
| September 30, 2023 | 48.79% |
| June 30, 2023 | 44.48% |
| March 31, 2023 | 48.05% |
| December 31, 2022 | 56.03% |
| September 30, 2022 | 63.04% |
| June 30, 2022 | 67.65% |
| March 31, 2022 | 64.58% |
| December 31, 2021 | 59.72% |
| September 30, 2021 | 55.46% |
| June 30, 2021 | 41.31% |
| March 31, 2021 | 36.69% |
| December 31, 2020 | 11.01% |
| September 30, 2020 | 1.79% |
| June 30, 2020 | -54.04% |
| March 31, 2020 | 0.76% |
| December 31, 2019 | 20.49% |
| September 30, 2019 | 12.85% |
| June 30, 2019 | 19.05% |
| March 31, 2019 | 12.27% |
| December 31, 2018 | 22.78% |
| September 30, 2018 | 28.31% |
| Date | Value |
|---|---|
| June 30, 2018 | 33.44% |
| March 31, 2018 | 34.58% |
| December 31, 2017 | 25.23% |
| September 30, 2017 | 13.46% |
| June 30, 2017 | 3.56% |
| March 31, 2017 | 17.72% |
| December 31, 2016 | 6.58% |
| September 30, 2016 | -4.91% |
| June 30, 2016 | -23.25% |
| March 31, 2016 | -69.14% |
| December 31, 2015 | -36.78% |
| September 30, 2015 | -16.19% |
| June 30, 2015 | 11.45% |
| March 31, 2015 | -2.94% |
| December 31, 2014 | 26.09% |
| September 30, 2014 | 42.06% |
| June 30, 2014 | 45.66% |
| March 31, 2014 | 45.86% |
| December 31, 2013 | 30.51% |
| September 30, 2013 | 42.14% |
| June 30, 2013 | 32.88% |
| March 31, 2013 | 33.01% |
| December 31, 2012 | 17.95% |
| September 30, 2012 | 23.80% |
| June 30, 2012 | 23.04% |
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
-54.04%
Minimum
Jun 2020
67.65%
Maximum
Jun 2022
37.66%
Average
45.98%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Northern Oil & Gas Inc | 40.40% |
| MPLX LP | 43.88% |
| Comstock Resources Inc | -17.18% |
| VAALCO Energy Inc | 36.33% |
| Evolution Petroleum Corp | 20.01% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 22.26% |
| Return on Assets | 12.36% |
| Return on Invested Capital | 15.00% |
| Profit Margin (Quarterly) | 37.44% |
| Operating Margin (Quarterly) | 38.09% |
| Return on Net Operating Assets | 14.39% |