Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 1.3B
Gross Profit -130.1M -10.37%
Operating Income -169.5M -13.52%
Net Income -218.8M -17.45%
EPS (Diluted) -$0.76

Balance Sheet Metrics

Total Assets 6.4B
Total Liabilities 4.0B
Shareholders Equity 2.3B
Debt to Equity 1.73

Cash Flow Metrics

Operating Cash Flow 720.0M
Free Cash Flow -477.1M

Revenue & Profitability Trend

Comstock Resources Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 1.3B 1.6B 3.6B 1.9B 858.2M
Cost of Goods Sold 1.4B 1.3B 1.3B 752.9M 663.1M
Gross Profit -130.1M 266.2M 2.3B 1.1B 195.1M
Operating Expenses 39.4M 39.8M 47.7M 34.9M 32.1M
Operating Income -169.5M 226.5M 2.3B 1.1B 163.0M
Pre-tax Income -367.8M 247.0M 1.4B -230.3M -61.6M
Income Tax -149.1M 35.1M 261.1M 11.4M -9.2M
Net Income -218.8M 211.9M 1.1B -241.7M -52.4M
EPS (Diluted) -$0.76 $0.76 $4.11 -$1.12 -$0.39

Income Statement Trend

Comstock Resources Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 284.0M 461.5M 645.0M 318.7M 199.8M
Non-Current Assets 6.1B 5.8B 5.0B 4.3B 4.4B
Total Assets 6.4B 6.3B 5.7B 4.7B 4.6B
Liabilities
Current Liabilities 612.9M 681.5M 756.1M 634.0M 441.6M
Non-Current Liabilities 3.4B 3.2B 2.7B 2.8B 2.7B
Total Liabilities 4.0B 3.9B 3.4B 3.5B 3.2B
Equity
Total Shareholders Equity 2.3B 2.4B 2.3B 1.2B 1.4B

Balance Sheet Composition

Comstock Resources Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income -218.8M 211.9M 1.1B -241.7M -52.4M
Operating Cash Flow 720.0M 1.2B 760.1M -289.2M 571.9M
Investing Activities
Capital Expenditures - - - - 287.0K
Investing Cash Flow 13.2M 7.3M -29.9M 138.3M -1.2M
Financing Activities
Dividends Paid 0 -139.0M -50.7M -17.5M -25.6M
Financing Cash Flow 454.1M 363.0M -576.7M -572.8M -802.8M
Free Cash Flow -477.1M -408.2M 630.6M 169.9M 66.0M

Cash Flow Trend

Comstock Resources Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 46.41
Forward P/E 67.52
Price to Book 4.10
Price to Sales 6.08
PEG Ratio 67.52

Profitability Ratios

Profit Margin -22.61%
Operating Margin 24.60%
Return on Equity -13.44%
Return on Assets -0.29%

Financial Health

Current Ratio 0.40
Debt to Equity 138.23
Beta 0.33

Per Share Data

EPS (TTM) -$1.13
Book Value per Share $7.24
Revenue per Share $4.94

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
crk 8.7B 46.41 4.10 -13.44% -22.61% 138.23
ConocoPhillips 119.5B 12.00 1.83 16.66% 16.15% 36.46
Canadian Natural 70.3B 12.84 1.73 18.95% 19.76% 46.57
Ovintiv 10.1B 16.49 1.01 6.17% 7.03% 67.03
Range Resources 10.0B 37.77 2.55 6.99% 10.39% 45.68
Apa 6.6B 6.59 1.22 26.18% 10.04% 84.96

Financial data is updated regularly. All figures are in the company's reporting currency.