Latest Ratios: P/E Ratio 8.3x · EV/EBITDA 2.9x · ROE 0.5%. (2010–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $7.7B | $5.4B | $6.2B | $7.2B | $4.4B | $2.6B | $741M | — | — | — | — |
| Enterprise Value | $9.0B | $6.7B | $7.2B | $7.4B | $4.3B | $2.9B | $1.0B | — | — | — | — |
| P/E Ratio → | 8.30 | 125.27 | 7.30 | 7.07 | 2.38 | 8.14 | — | — | — | — | — |
| P/S Ratio | 1.14 | 1.10 | 1.17 | 1.85 | 1.21 | 1.65 | 0.68 | — | — | — | — |
| P/B Ratio | 0.98 | 0.66 | 0.71 | 1.42 | 0.94 | 2.13 | 0.73 | — | — | — | — |
| P/FCF | 5.45 | 7.74 | 6.72 | 7.89 | 3.17 | 3.72 | — | — | — | — | — |
| P/OCF | 3.77 | 2.63 | 2.94 | 3.96 | 2.29 | 2.85 | 2.48 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.37 | 1.37 | 1.91 | 1.18 | 1.81 | 0.93 | — | — | — | — |
| EV / EBITDA | 2.92 | 4.00 | 3.25 | 3.97 | 2.21 | 2.96 | — | — | — | — | — |
| EV / EBIT | 45.35 | 20.63 | 6.14 | 5.43 | 3.05 | 13.10 | — | — | — | — | — |
| EV / FCF | — | 9.64 | 7.81 | 8.13 | 3.09 | 4.10 | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 6.5% | 6.5% | 24.9% | 36.9% | 49.1% | 42.4% | 22.2% | 4.2% | 26.8% | 95.6% | 96.3% |
| Operating Margin | 4.1% | 4.1% | 20.9% | 32.7% | 43.4% | 51.2% | -449.8% | -4.7% | 5.1% | 11.5% | -18.6% |
| Net Profit Margin | 0.9% | 0.9% | 16.2% | 26.3% | 50.9% | 20.2% | -340.6% | -6.6% | -1.5% | 9.9% | -71.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 0.5% | 0.5% | 12.3% | 21.0% | 62.9% | 28.6% | -152.2% | -3.3% | -0.9% | 3.8% | -19.1% |
| ROA | 0.3% | 0.3% | 8.5% | 15.1% | 38.4% | 12.3% | -76.4% | -1.7% | -0.5% | 1.9% | -8.3% |
| ROIC | 1.6% | 1.6% | 11.0% | 19.3% | 39.2% | 43.8% | -92.9% | -1.0% | 1.5% | 2.0% | -2.0% |
| ROCE | 1.7% | 1.7% | 12.9% | 23.1% | 44.8% | 44.7% | -111.8% | -1.3% | 1.8% | 2.3% | -2.3% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.19 | 0.19 | 0.12 | 0.11 | 0.10 | 0.36 | 0.28 | 0.72 | 0.70 | 0.60 | 0.79 |
| Debt / EBITDA | 0.90 | 0.90 | 0.47 | 0.29 | 0.25 | 0.45 | — | 3.97 | 3.62 | 3.11 | 6.65 |
| Net Debt / Equity | — | 0.16 | 0.12 | 0.04 | -0.02 | 0.22 | 0.27 | 0.72 | 0.69 | 0.59 | 0.78 |
| Net Debt / EBITDA | 0.79 | 0.79 | 0.46 | 0.12 | -0.05 | 0.27 | — | 3.95 | 3.59 | 3.08 | 6.62 |
| Debt / FCF | — | 1.90 | 1.10 | 0.24 | -0.07 | 0.38 | — | 116.36 | — | — | — |
| Interest Coverage | 4.04 | 4.04 | 20.68 | 47.77 | 48.14 | 7.10 | -26.84 | -1.13 | 0.83 | 0.48 | -1.65 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.06 | 1.06 | 0.94 | 1.22 | 1.09 | 1.32 | 0.80 | 0.73 | 0.91 | 0.66 | 0.63 |
| Quick Ratio | 0.98 | 0.98 | 0.88 | 1.16 | 1.05 | 1.29 | 0.73 | 0.67 | 0.85 | 0.63 | 0.60 |
| Cash Ratio | 0.13 | 0.13 | 0.02 | 0.27 | 0.44 | 0.14 | 0.03 | 0.03 | 0.04 | 0.03 | 0.03 |
| Asset Turnover | — | 0.36 | 0.40 | 0.56 | 0.55 | 0.52 | 0.50 | 0.26 | 0.30 | 0.18 | 0.11 |
| Inventory Turnover | 39.43 | 39.43 | 41.84 | 33.89 | 34.12 | 31.42 | 39.00 | 52.49 | 51.27 | 2.83 | 2.44 |
| Days Sales Outstanding | — | 83.57 | 90.29 | 88.34 | 78.24 | 87.14 | 68.14 | 70.17 | 60.93 | 106.30 | 105.84 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.0% | 5.9% | 8.6% | 6.9% | 7.9% | 4.3% | — | — | — | — | — |
| Payout Ratio | 714.7% | 714.7% | 62.4% | 48.9% | 18.7% | 35.0% | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 12.0% | 0.8% | 13.7% | 14.1% | 42.1% | 12.3% | — | — | — | — | — |
| FCF Yield | 18.3% | 12.9% | 14.9% | 12.7% | 31.6% | 26.8% | — | — | — | — | — |
| Buyback Yield | 4.7% | 6.8% | 7.2% | 3.3% | 4.4% | 3.8% | 0.4% | — | — | — | — |
| Total Shareholder Yield | 8.8% | 12.7% | 15.8% | 10.3% | 12.3% | 8.1% | 0.4% | — | — | — | — |
| Shares Outstanding | — | $58M | $53M | $43M | $32M | $21M | $20M | $20M | $315M | $238M | $184M |
Includes 30+ ratios · 16 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying CHRD stock.
Chord Energy Corporation's current P/E ratio is 8.3x. The historical average is 30.0x. This places it at the 80th percentile of its historical range.
Chord Energy Corporation's current EV/EBITDA is 2.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 3.3x.
Chord Energy Corporation's return on equity (ROE) is 0.5%. The historical average is 2.1%.
Based on historical data, Chord Energy Corporation is trading at a P/E of 8.3x. This is at the 80th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Chord Energy Corporation's current dividend yield is 4.02% with a payout ratio of 714.7%.
Chord Energy Corporation has 6.5% gross margin and 4.1% operating margin.
Chord Energy Corporation's Debt/EBITDA ratio is 0.9x, indicating low leverage. A ratio below 2x is generally considered financially healthy.
Key Metrics
Top Statement Risk
Thin margins amid cyclical earnings
Metrics are mathematically derived from official filings.
Low Multiples Priced Against Earnings Volatility
Based on reported figures, CHRD trades at a trailing P/E of 184.45 but a forward P/E of 5.88, and an EV/EBITDA of 5.39, a gap that signals investors are discounting depressed trailing earnings rather than pricing a durable rebound in profitability.
The extreme spread between trailing and forward P/E suggests the market treats the trailing period as cyclically distorted rather than representative of normal earnings power. A P/B of 0.98 and P/FCF of 11.09 are more informative than the earnings multiples here, indicating the stock is priced close to book and at a moderate multiple of free cash flow relative to its asset base. Against peers such as SM Energy at 5.30x P/E and Matador at 8.28x, CHRD's forward valuation appears undemanding, though investors should monitor whether the forward estimates reflect the thin 0.9% net margin actually being realized.
Purchased Barrels Dilute Reported Margins
As reported in financial statements, CHRD's trailing gross margin of 6.5% and net margin of 0.9% sit far below peer levels, with quarterly gross margin ranging from 10.4% to 54.5% over the past ten quarters, indicating highly volatile profitability.
The wide swing in gross margin across quarters, from 10.4% in Q4 2025 to 54.5% in Q3 2026, suggests headline margins are heavily influenced by commodity pricing and purchased-oil accounting rather than stable wellhead economics. Operating margin of 4.1% on a trailing basis, against a Q3 2026 print of 29.6%, reinforces that the earnings base has not yet normalized. Investors should weight the operating margin trend over the single-quarter peak, as the trailing figures imply little cushion against commodity or cost shocks.
Returns Recovering From a Depressed Base
According to recent SEC filings, CHRD's ROIC has moved from negative territory in Q2 2025 to 4.2% in Q3 2026, while trailing ROE of 0.5% remains weak despite a conservatively capitalized balance sheet.
The trajectory from -3.2% ROIC to 4.8% in Q2 2026 and back to 4.2% in Q3 2026 suggests returns are recovering but have not yet compounded meaningfully. An ROE of 0.5% on a large equity base of roughly $8.3B indicates that the company's substantial asset base is generating limited incremental equity return on a trailing basis. Investors should monitor whether ROIC can sustain levels above a typical cost of capital, as the current figures do not yet demonstrate clear value creation.
Low Leverage Provides Shock Absorption
Based on reported figures, CHRD's debt-to-equity ratio of 0.18 and debt-to-EBITDA of 1.68 indicate a conservatively financed balance sheet, with interest coverage of 10.18 in Q3 2026 comfortably above stress thresholds.
Leverage has remained in a tight range around 0.18 to 0.20 debt-to-equity across recent quarters, suggesting a deliberate policy of limiting borrowing rather than a cyclical reduction. Interest coverage has improved from 2.25 in Q1 2026 to 10.18 in Q3 2026, which appears to reflect stronger operating income rather than any debt reduction. Refinancing risk appears low on reported figures, though investors should note that the balance sheet strength does not offset the thin margin profile when assessing equity risk.
Liquidity Rebuilt Within Two Quarters
As reported in financial statements, CHRD's current ratio climbed from 0.89 in Q1 2025 to 1.34 in Q3 2026 and quick ratio to 1.29, suggesting near-term obligations are now covered by current assets with some margin.
The improvement in liquidity from sub-1.0 levels through 2025 to above 1.2 in 2026 suggests cash accumulation and working capital management have strengthened the near-term position. A quick ratio close to the current ratio indicates limited dependence on inventory, which is consistent with an upstream producer holding little inventory. Under severe stress, however, the liquidity cushion would depend heavily on continued commodity-driven operating cash flow, which the volatile quarterly figures suggest is not guaranteed.
Gross Margin Ratio Misapplied to Purchased-Oil Model
Based on reported figures, the gross margin ratio of 6.5% is the metric most likely to mislead for CHRD, since purchased-oil accounting may inflate revenue while compressing margin, obscuring true wellhead economics.
Applying a conventional E&P gross margin comparison to CHRD may understate operating quality if the company's midstream and purchased-barrel activities carry structurally low margins by design. A better lens is the cash-based netback per barrel or free cash flow margin, which reached 25.8% in Q3 2026 and 32.8% in Q2 2026, and which may more accurately reflect the economics of produced barrels. Investors should monitor whether the purchased-oil volumes are separately disclosed, as this would allow a cleaner assessment of core production margins.