Sitio Royalties Corp (STR)
22.60
+0.24
(+1.07%)
USD |
NYSE |
Nov 05, 14:36
Sitio Royalties Gross Profit Margin (Quarterly): 49.28% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| 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% |
| December 31, 2022 | 62.77% |
| Date | Value |
|---|---|
| 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
60.26%
Average
55.07%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
| Kimbell Royalty Partners LP | 50.27% |
| Evolution Petroleum Corp | 28.14% |
| Houston American Energy Corp | -47.07% |
| Mexco Energy Corp | 43.45% |
| Riley Exploration Permian Inc | 60.97% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -0.44% |
| Return on Assets | -0.33% |
| Return on Invested Capital | -0.35% |
| Profit Margin (Quarterly) | 7.63% |
| Operating Margin (Quarterly) | 41.30% |
| Return on Net Operating Assets | -0.33% |