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Ring Energy REI Operating margin

Operating margin at other companies

FAN
Diamondback EnergyFANG
35.5%-8.2pp
Amplify Energy logo
Amplify EnergyAMPY
13.8%
SandRidge Energy logo
SandRidge EnergySD
40.7%+13.9pp
PED
PEDEVCOPED
-1.9%
W&T Offshore logo
W&T OffshoreWTI
-5.7%-1.7pp
Northern Oil and Gas logo
Northern Oil and GasNOG
17.3%-30.2pp

Other financials

Income statement

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Revenue$73.7M-6.9%
Gross profit$88.1M+31.7%
Operating income-$141.8M-734%
Net income-$220.6M-2,521%
EPS (diluted)-$1.06-2,220%

Balance sheet

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Cash & equivalents$1.0M-5.5%
Total debt$3.1M-28.0%
Total equity$622.0M-29.5%
Total assets$1.3B-16.7%

Cash flow

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Operating cash flow$25.9M-8.7%
CapEx--100%
Free cash flow$25.9M-8.6%

Valuation

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Market cap$274.16M+69.4%
Enterprise value$276.22M+66.7%
P/S0.9×+0.4×

Profitability

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Gross margin99.9%+1.9pp
Net margin-87.6%-108pp
FCF margin49.1%-1.5pp

Returns & leverage

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Return on equity-35.2%-43.7pp
Debt / equity0.0×
Current ratio0.4×-0.1×

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, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ring Energy's operating margin?
Ring Energy (REI) reported operating margin of -65.8% in Q1 2026.
How has Ring Energy's operating margin changed year-over-year?
Ring Energy's operating margin decreased by 296.2% year-over-year, from 33.5% to -65.8%.
What is the long-term trend for Ring Energy's operating margin?
Over 5 years (2020 to 2025), Ring Energy's operating margin has grown at a -45.7% compound annual growth rate (CAGR), from -237.7% to -11.2%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.