Ring Energy, Inc. (REI) Gross margin 2016–2023
Ring Energy, Inc. (REI) gross margin by fiscal year — reported gross profit divided by reported revenue.
99.9%FY2023 · since FY2016: 68.0% → 99.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | 99.9% | +0.4 pp |
| FY2022 | 99.5% | +1.7 pp |
| FY2021 | 97.8% | +1.4 pp |
| FY2020 | 96.4% | -2.2 pp |
| FY2019 | 98.5% | +21.7 pp |
| FY2018 | 76.8% | +0.8 pp |
| FY2017 | 76.0% | +8.0 pp |
| FY2016 | 68.0% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice