Using the latest TTM figures, Comstock Resources shows a gross margin of 64.9%, an operating margin of 28.4%, an EBITDA margin of 65.7%, and a net margin of 19.9%. Net margin had the largest improvement, gaining by 16.8 percentage points, while the other available margins also increased.
Over the last 3 years, Comstock Resources recorded average margins of 57.48% gross, 11.25% operating, 58.06% EBITDA, and 4.68% net. The current gross, operating, EBITDA, and net margins are all above their three-year averages.
Gross margin expanded by 9 percentage points, operating margin by 13.7 percentage points, EBITDA margin by 15.6 percentage points, and net margin by 16.8 percentage points, led by net margin with an increase of 16.8 percentage points.
Looking at the last 3 years, Comstock Resources had an average gross margin of 57.48%. Against its three-year average, Comstock Resources's gross margin is currently 64.9%, 7.4 percentage points above its three-year average. Looking back over the last 3 years, Comstock Resources's gross margin reached 64.9% at its highest point in Sep 2026 and 53.1% at its lowest in Dec 2024.
Over the last 3 years, Comstock Resources's operating margin averaged 11.25%. As of the latest period, Comstock Resources's current operating margin is 28.4%, which is 17.2 percentage points above its three-year average. During this period, operating margin reached a high of 30.3% in Mar 2026 and a low of -13.4% in Dec 2024.
Across the last 3 years, Comstock Resources's EBITDA margin averaged 58.06%. Compared with its three-year average, Comstock Resources's current EBITDA margin is 65.7% and is 7.6 percentage points above its three-year average. EBITDA margin was highest at 74.3% in Mar 2026 and lowest at 25.8% in Mar 2025.
Over the last 3 years, the average net margin for Comstock Resources was 4.68%. The latest net margin for Comstock Resources is 19.9%, 15.2 percentage points above its three-year average. Comstock Resources's net margin ranged from a low of -23.4% in Mar 2025 to a high of 27.2% in Mar 2026.
Comstock Resources's gross margin of 64.9% is higher than the Energy sector and the industry average. Looking at the Energy sector average of 42.7%, Comstock Resources's gross margin is 52% higher.
For the period ending Sep 30, 2026, CRK recorded a gross margin of 64.9%.
As of Sep 30, 2026, CRK has an operating margin of 28.4%.
For the period ending Sep 30, 2026, CRK recorded an EBITDA margin of 65.7%.
The current net margin for CRK is 19.9% as of Sep 30, 2026.
Over the last 3 years, Comstock Resources's margins averaged 57.5% gross, 11.3% operating, 58.1% EBITDA, and 4.7% net.
In the last 5 years, the highest margins reported by CRK were 85.7% gross in Mar 2022, 62.9% operating in Dec 2022, 74.3% EBITDA in Mar 2026, and 38.6% net in Mar 2023.
Across the 5-year period, CRK posted its lowest margins at 53.1% gross in Dec 2024, -13.4% operating in Dec 2024, 21.7% EBITDA in Mar 2022, and -23.4% net in Mar 2025.