Comstock Resources, Inc. (CRK) Financial Ratios
30 years of historical data (1996–2025) · Energy · Oil & Gas Exploration & Production
EV/EBITDA
↑
7.25
+5% vs avg
5yr avg: 6.89
30Y Low2.2·High14.0
P/FCF
↓
N/A
—
5yr avg: 8.53
30Y Low6.0·High28.5
P/B Ratio
↑
1.47
↓-17% vs avg
5yr avg: 1.76
30Y Low0.4·High2.8
ROE
↑
14.9%
↓+20% vs avg
5yr avg: 12.4%
30Y Low-300%·High66%
Debt/EBITDA
↑
2.94
+7% vs avg
5yr avg: 2.75
30Y Low0.5·High10.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CRK Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Comstock Resources, Inc. trades at 11.0x earnings, roughly in line with its 5-year average of 10.7x, sitting at the 25th percentile of its historical range. Compared to the Energy sector median P/E of 16.8x, the stock trades at a discount of 35%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4.4B | $6.8B | $5.2B | $2.4B | $3.8B | $1.9B | $940M | $1.5B | $478M | $124M | $116M |
| Enterprise Value | $7.3B | $9.7B | $8.3B | $5.1B | $6.0B | $4.5B | $3.4B | $4.4B | $1.7B | $1.2B | $1.1B |
| P/E Ratio → | 10.96 | 17.17 | — | 11.64 | 3.34 | — | — | 15.83 | — | — | — |
| P/S Ratio | 2.28 | 3.57 | 4.17 | 1.57 | 1.05 | 1.01 | 1.10 | 2.01 | 1.87 | 0.49 | 0.66 |
| P/B Ratio | 1.47 | 2.30 | 2.24 | 1.03 | 1.67 | 1.58 | 0.65 | 1.35 | 0.84 | — | — |
| P/FCF | — | — | — | — | 6.03 | 11.04 | 14.64 | — | — | — | — |
| P/OCF | 4.84 | 7.58 | 8.43 | 2.41 | 2.24 | 2.18 | 1.63 | 3.42 | 2.54 | 0.71 | — |
P/E links to full P/E history page with 30-year chart
CRK EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Comstock Resources, Inc.'s enterprise value stands at 7.2x EBITDA, 5% above its 5-year average of 6.9x. The Energy sector median is 8.1x, placing the stock at a 10% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.11 | 6.58 | 3.29 | 1.65 | 2.41 | 4.00 | 5.73 | 6.66 | 4.59 | 6.23 |
| EV / EBITDA | 7.25 | 9.71 | 13.16 | 6.17 | 2.16 | 3.26 | 5.91 | 7.99 | 13.97 | 9.51 | — |
| EV / EBIT | 20.06 | 13.32 | — | 12.37 | 3.81 | — | 19.81 | 15.40 | 12.49 | 68.61 | 1406.34 |
| EV / FCF | — | — | — | — | 9.51 | 26.31 | 53.42 | — | — | — | — |
CRK Profitability
Margins and return-on-capital ratios measuring operating efficiency
Comstock Resources, Inc. earns an operating margin of 19.0%, above the Energy sector average of 14.3%. Operating margins have expanded from 14.5% to 19.0% over the past 3 years, signaling improving operational efficiency. ROE of 14.9% is modest. ROIC of 4.8% represents below-average returns on invested capital versus a sector median of 6.3%.
Margins
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 | 21.6% | 21.6% | -10.4% | 17.0% | 64.2% | 59.3% | 22.7% | 39.6% | 67.5% | 27.8% | -19.5% |
| Operating Margin | 19.0% | 19.0% | -13.5% | 14.5% | 62.9% | 48.7% | 19.0% | 35.8% | -0.1% | -0.1% | -104.6% |
| Net Profit Margin | 20.7% | 20.7% | -17.5% | 13.5% | 31.4% | -13.1% | -6.1% | 12.6% | -43.6% | -43.6% | -76.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 14.9% | 14.9% | -9.3% | 9.1% | 65.8% | -18.4% | -4.1% | 11.3% | -111.2% | — | — |
| ROA | 5.9% | 5.9% | -3.5% | 3.5% | 22.0% | -5.1% | -1.1% | 2.8% | -7.1% | -12.2% | -13.0% |
| ROIC | 4.8% | 4.8% | -2.4% | 3.6% | 41.5% | 17.5% | 3.1% | 7.1% | -0.0% | -0.0% | -16.7% |
| ROCE | 6.0% | 6.0% | -3.0% | 4.3% | 50.9% | 21.6% | 3.8% | 8.8% | -0.0% | -0.0% | -19.4% |
CRK Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Comstock Resources, Inc. carries a Debt/EBITDA ratio of 2.9x, which is moderately leveraged (21% above the sector average of 2.4x). Net debt stands at $2.9B ($3.0B total debt minus $24M cash). Interest coverage of 3.3x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.00 | 1.00 | 1.30 | 1.14 | 0.99 | 2.21 | 1.75 | 2.52 | 2.19 | — | — |
| Debt / EBITDA | 2.94 | 2.94 | 4.83 | 3.25 | 0.81 | 1.91 | 4.34 | 5.23 | 10.23 | 9.00 | — |
| Net Debt / Equity | — | 0.99 | 1.29 | 1.13 | 0.96 | 2.18 | 1.73 | 2.51 | 2.15 | — | — |
| Net Debt / EBITDA | 2.92 | 2.92 | 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 | 3.28 | 3.28 | -0.75 | 2.46 | 9.19 | -0.05 | 0.74 | 1.77 | — | 0.12 | 0.01 |
CRK Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.49x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.68x to 0.49x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.49 | 0.49 | 0.46 | 0.68 | 0.85 | 0.50 | 0.45 | 0.74 | 0.77 | 1.80 | 0.98 |
| Quick Ratio | 0.49 | 0.49 | 0.46 | 0.68 | 0.81 | 0.49 | 0.45 | 0.74 | 0.70 | 1.79 | 0.97 |
| Cash Ratio | 0.03 | 0.03 | 0.01 | 0.02 | 0.07 | 0.05 | 0.07 | 0.05 | 0.11 | 0.36 | 0.72 |
| Asset Turnover | — | 0.27 | 0.20 | 0.25 | 0.64 | 0.40 | 0.18 | 0.17 | 0.12 | 0.27 | 0.20 |
| Inventory Turnover | — | — | — | — | 37.31 | 150.14 | — | — | 5.38 | 184.70 | 177.46 |
| Days Sales Outstanding | — | 46.39 | 61.69 | 57.25 | 52.76 | 54.36 | 62.00 | 88.06 | 155.04 | 57.15 | 46.62 |
CRK Shareholder Yields
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. The earnings yield of 9.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
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 | — | — | — | 5.7% | 0.9% | 0.9% | 2.7% | 1.2% | — | — | — |
| Payout Ratio | — | — | — | 65.6% | 3.0% | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 9.1% | 5.8% | — | 8.6% | 30.0% | — | — | 6.3% | — | — | — |
| FCF Yield | — | — | — | — | 16.6% | 9.1% | 6.8% | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 0.0% | 0.1% | 0.0% | 1.1% | 0.3% | 0.3% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 5.7% | 1.1% | 0.9% | 2.8% | 1.2% | 1.1% | 0.3% | 0.3% |
| Shares Outstanding | — | $294M | $287M | $277M | $277M | $232M | $215M | $187M | $105M | $15M | $12M |
Peer Comparison
Compare CRK with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CRKYou | $4B | 11.0 | 7.2 | — | 21.6% | 19.0% | 14.9% | 4.8% | 2.9 |
 AR | $11B | 17.9 | 10.2 | 9.1 | 22.1% | 16.5% | 8.5% | 5.2% | 3.2 |
 RRC | $10B | 14.9 | 8.8 | 16.3 | 34.1% | 27.9% | 15.9% | 11.4% | 1.0 |
 CTRA | $25B | 14.5 | 5.9 | 15.1 | 60.4% | 89.1% | 12.3% | 10.9% | 0.8 |
 EQT | $35B | 17.0 | 7.4 | 12.4 | 48.9% | 34.7% | 7.9% | 6.9% | 1.4 |
 CNX | $5B | 9.0 | 5.5 | 9.6 | 47.2% | 36.8% | 15.0% | 9.0% | 1.8 |
 GPOR | $3B | 8.3 | 5.0 | 11.7 | 70.7% | 37.9% | 23.9% | 14.8% | 1.0 |
 HPK | $706M | 43.0 | 3.0 | — | 20.7% | 17.4% | 1.2% | 4.3% | 2.1 |
 KMI | $70B | 23.0 | 14.1 | 21.8 | 43.7% | 28.4% | 9.5% | 5.6% | 4.5 |
 WMB | $89B | 34.1 | 17.6 | 88.8 | 42.9% | 36.8% | 17.5% | 7.7% | 4.4 |
 ET | $69B | 14.8 | 9.4 | 17.8 | 21.8% | 11.4% | 10.2% | 6.3% | 4.9 |
| Energy Median | — | 16.8 | 8.1 | 14.3 | 31.9% | 14.3% | 7.8% | 6.3% | 2.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonCRK — Frequently Asked Questions
Quick answers to the most common questions about buying CRK stock.
What is Comstock Resources, Inc.'s P/E ratio?
Comstock Resources, Inc.'s current P/E ratio is 11.0x. The historical average is 15.0x. This places it at the 25th percentile of its historical range.
What is Comstock Resources, Inc.'s EV/EBITDA?
Comstock Resources, Inc.'s current EV/EBITDA is 7.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.1x.
What is Comstock Resources, Inc.'s ROE?
Comstock Resources, Inc.'s return on equity (ROE) is 14.9%. The historical average is -6.5%.
Is CRK stock overvalued?
Based on historical data, Comstock Resources, Inc. is trading at a P/E of 11.0x. This is at the 25th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Comstock Resources, Inc.'s profit margins?
Comstock Resources, Inc. has 21.6% gross margin and 19.0% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Comstock Resources, Inc. have?
Comstock Resources, Inc.'s Debt/EBITDA ratio is 2.9x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.