Sitio Royalties Corp (STR)
24.64
-0.04
(-0.16%)
USD |
NYSE |
Nov 21, 16:00
24.55
-0.09
(-0.37%)
Pre-Market: 07:59
Sitio Royalties Gross Profit Margin (Quarterly): 47.72% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 47.72% |
| June 30, 2024 | 49.28% |
| March 31, 2024 | 49.59% |
| December 31, 2023 | 54.07% |
| September 30, 2023 | 48.49% |
| June 30, 2023 | 45.60% |
| March 31, 2023 | 55.07% |
| Date | Value |
|---|---|
| December 31, 2022 | 62.77% |
| September 30, 2022 | 72.29% |
| 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
59.36%
Average
54.82%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Kimbell Royalty Partners LP | 50.83% |
| Evolution Petroleum Corp | 20.01% |
| Houston American Energy Corp | -106.7% |
| Mexco Energy Corp | 42.96% |
| Riley Exploration Permian Inc | 54.80% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -0.11% |
| Return on Assets | -0.08% |
| Return on Invested Capital | -0.08% |
| Profit Margin (Quarterly) | 8.41% |
| Operating Margin (Quarterly) | 38.09% |
| Return on Net Operating Assets | -0.08% |