Ring Energy REI Gross margin
Discontinued — last reported Q1 '23
Gross margin at other companies
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Where this comes from
Calculated from Ring Energy’s reported figures.
Based on trailing twelve months.
The official record: Ring Energy’s 10-Q, filed May 6, 2024, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Ring Energy's gross margin?
- Ring Energy (REI) reported gross margin of 99.9% in Q1 2023.
- How has Ring Energy's gross margin changed year-over-year?
- Ring Energy's gross margin increased by 2.0% year-over-year, from 97.9% to 99.9%.
- What is the long-term trend for Ring Energy's gross margin?
- Over 2 years (2020 to 2022), Ring Energy's gross margin has grown at a 1.6% compound annual growth rate (CAGR), from 96.4% to 99.5%.
- What does gross margin mean?
- Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.