Ring Energy, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 68.0% | -184.9% | -122.0% |
| FY2017 | 76.0% | 23.9% | 2.6% |
| FY2018 | 76.8% | 16.6% | 7.5% |
| FY2019 | 98.5% | 30.7% | 15.1% |
| FY2020 | 96.4% | -237.7% | -224.2% |
| FY2021 | 97.8% | 48.8% | 1.7% |
| FY2022 | 99.5% | 55.2% | 39.9% |
| FY2023 | 99.9% | 40.4% | 29.0% |
| FY2024 | — | 36.3% | 18.4% |
| FY2025 | — | -11.2% | -11.3% |