30 years of historical data (1995–2024) · Energy · Oil & Gas Exploration & Production
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Comstock Resources, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.7B | $5.2B | $2.4B | $3.8B | $1.9B | $940M | $1.5B | $478M | $124M | $116M | $86M |
| Enterprise Value | $8.8B | $8.3B | $5.1B | $6.0B | $4.5B | $3.4B | $4.4B | $1.7B | $1.2B | $1.1B | $1.2B |
| P/E Ratio → | -25.80 | — | 11.64 | 3.34 | — | — | 15.83 | — | — | — | — |
| P/S Ratio | 4.57 | 4.17 | 1.57 | 1.05 | 1.01 | 1.10 | 2.01 | 1.87 | 0.49 | 0.66 | 0.34 |
| P/B Ratio | 2.41 | 2.24 | 1.03 | 1.67 | 1.58 | 0.65 | 1.35 | 0.84 | — | — | — |
| P/FCF | — | — | — | 6.03 | 11.04 | 14.64 | — | — | — | — | — |
| P/OCF | 9.24 | 8.43 | 2.41 | 2.24 | 2.18 | 1.63 | 3.42 | 2.54 | 0.71 | — | 2.87 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Comstock Resources, Inc.'s enterprise value stands at 14.0x EBITDA, 128% above its 5-year average of 6.1x. The Energy sector median is 7.3x, placing the stock at a 92% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 6.58 | 3.29 | 1.65 | 2.41 | 4.00 | 5.73 | 6.66 | 4.59 | 6.23 | 4.76 |
| EV / EBITDA | 13.96 | 13.16 | 6.17 | 2.16 | 3.26 | 5.91 | 7.99 | 13.97 | 9.51 | — | — |
| EV / EBIT | — | — | 12.37 | 3.81 | — | 19.81 | 15.40 | 12.49 | 68.61 | 1406.34 | — |
| EV / FCF | — | — | — | 9.51 | 26.31 | 53.42 | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Comstock Resources, Inc. earns an operating margin of -13.5%, below the Energy sector average of 13.9%. Operating margins have compressed from 62.9% to -13.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -9.3% indicates the company is currently destroying shareholder equity.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -10.4% | -10.4% | 17.0% | 64.2% | 59.3% | 22.7% | 39.6% | 67.5% | 27.8% | -19.5% | -62.6% |
| Operating Margin | -13.5% | -13.5% | 14.5% | 62.9% | 48.7% | 19.0% | 35.8% | -0.1% | -0.1% | -104.6% | -461.8% |
| Net Profit Margin | -17.5% | -17.5% | 13.5% | 31.4% | -13.1% | -6.1% | 12.6% | -43.6% | -43.6% | -76.9% | -414.8% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -9.3% | -9.3% | 9.1% | 65.8% | -18.4% | -4.1% | 11.3% | -111.2% | — | — | -299.6% |
| ROA | -3.5% | -3.5% | 3.5% | 22.0% | -5.1% | -1.1% | 2.8% | -7.1% | -12.2% | -13.0% | -60.3% |
| ROIC | -2.4% | -2.4% | 3.6% | 41.5% | 17.5% | 3.1% | 7.1% | -0.0% | -0.0% | -16.7% | -60.7% |
| ROCE | -3.0% | -3.0% | 4.3% | 50.9% | 21.6% | 3.8% | 8.8% | -0.0% | -0.0% | -19.4% | -72.6% |
Solvency and debt-coverage ratios — lower is generally safer
Comstock Resources, Inc. carries a Debt/EBITDA ratio of 4.8x, which is highly leveraged (94% above the sector average of 2.5x). Net debt stands at $3.0B ($3.0B total debt minus $7M cash).
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.30 | 1.30 | 1.14 | 0.99 | 2.21 | 1.75 | 2.52 | 2.19 | — | — | — |
| Debt / EBITDA | 4.83 | 4.83 | 3.25 | 0.81 | 1.91 | 4.34 | 5.23 | 10.23 | 9.00 | — | — |
| Net Debt / Equity | — | 1.29 | 1.13 | 0.96 | 2.18 | 1.73 | 2.51 | 2.15 | — | — | — |
| Net Debt / EBITDA | 4.82 | 4.82 | 3.23 | 0.79 | 1.89 | 4.29 | 5.20 | 10.04 | 8.50 | — | — |
| Debt / FCF | — | — | — | 3.47 | 15.27 | 38.77 | — | — | — | — | — |
| Interest Coverage | -0.80 | -0.80 | 1.34 | 13.33 | 4.12 | 0.69 | 1.70 | — | -0.00 | -1.43 | -9.83 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.46x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.85x to 0.46x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.46 | 0.46 | 0.68 | 0.85 | 0.50 | 0.45 | 0.74 | 0.77 | 1.80 | 0.98 | 1.63 |
| Quick Ratio | 0.46 | 0.46 | 0.68 | 0.81 | 0.49 | 0.45 | 0.74 | 0.70 | 1.79 | 0.97 | 1.62 |
| Cash Ratio | 0.01 | 0.01 | 0.02 | 0.07 | 0.05 | 0.07 | 0.05 | 0.11 | 0.36 | 0.72 | 1.40 |
| Asset Turnover | — | 0.20 | 0.25 | 0.64 | 0.40 | 0.18 | 0.17 | 0.12 | 0.27 | 0.20 | 0.21 |
| Inventory Turnover | 37.31 | — | — | 37.31 | 150.14 | — | — | 5.38 | 184.70 | 177.46 | 342.58 |
| Days Sales Outstanding | — | 61.69 | 57.25 | 52.76 | 54.36 | 62.00 | 88.06 | 155.04 | 57.15 | 46.62 | 27.17 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Comstock Resources, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | 5.7% | 0.9% | 0.9% | 2.7% | 1.2% | — | — | — | — |
| Payout Ratio | — | — | 65.6% | 3.0% | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 8.6% | 30.0% | — | — | 6.3% | — | — | — | — |
| FCF Yield | — | — | — | 16.6% | 9.1% | 6.8% | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.2% | 0.0% | 0.1% | 0.0% | 1.1% | 0.3% | 0.3% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 5.7% | 1.1% | 0.9% | 2.8% | 1.2% | 1.1% | 0.3% | 0.3% | 0.0% |
| Shares Outstanding | — | $287M | $277M | $277M | $232M | $215M | $187M | $105M | $15M | $12M | $9M |
Compare CRK with 9 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| CRKYou | $6B | -25.8 | 14.0 | — | -10.4% | -13.5% | -9.3% | -2.4% | 4.8 |
| INR | $751B | 4.5 | 4486.8 | — | 52.1% | 36.2% | 10.2% | 10.1% | 1.6 |
| EQT | $38B | 16.2 | 7.5 | 13.5 | 97.4% | 40.8% | 9.0% | 7.7% | 1.3 |
| EXE | $26B | 14.3 | 5.0 | 14.0 | 80.4% | 16.8% | 10.1% | 7.4% | — |
| AR | $11B | 18.1 | 9.1 | 7.0 | 94.3% | 16.7% | 8.5% | 5.9% | 2.2 |
| RRC | $10B | 15.1 | 9.2 | 16.6 | — | — | 15.9% | — | 1.1 |
| CNX | $6B | 10.5 | 6.1 | 11.1 | 46.8% | 37.1% | 15.0% | 9.1% | 1.8 |
| GPOR | $4B | -14.2 | 52.1 | 20.0 | 57.4% | -25.5% | -13.2% | -6.6% | 8.0 |
| BKV | $3B | 16.1 | 9.8 | — | 31.7% | 17.8% | 9.6% | 5.9% | 1.5 |
| EPSN | $113M | 58.2 | 7.9 | — | 37.5% | 10.9% | 2.0% | 2.9% | 0.0 |
| Energy Median | — | 16.8 | 7.3 | 11.5 | 35.3% | 13.9% | 8.2% | 6.8% | 2.5 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonComstock Resources, Inc.'s current P/E ratio is -25.8x. The historical average is 14.9x.
Comstock Resources, Inc.'s current EV/EBITDA is 14.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.0x.
Comstock Resources, Inc.'s return on equity (ROE) is -9.3%. The historical average is -9.7%.
Based on historical data, Comstock Resources, Inc. is trading at a P/E of -25.8x. Compare with industry peers and growth rates for a complete picture.
Comstock Resources, Inc. has -10.4% gross margin and -13.5% operating margin.
Comstock Resources, Inc.'s Debt/EBITDA ratio is 4.8x, indicating high leverage. A ratio above 4x may signal elevated financial risk.