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CTRA logoCoterra Energy Inc.(CTRA)Earnings, Financials & Key Ratios

CTRA•NYSE
$35.63
$27.06B mkt cap·15.8× P/E·Price updated May 6, 2026
SectorEnergyIndustryOil & Gas E&PSub-IndustryLarge diversified global upstream producers
AboutCoterra Energy Inc., an independent oil and gas company, engages in the development, exploration and production of oil, natural gas, and natural gas liquids in the United States. It primarily focuses on the Marcellus Shale with approximately 177,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania. The company also holds Permian Basin properties with approximately 306,000 net acres; and Anadarko Basin properties located in Oklahoma with approximately 182,000 net acres. In addition, it operates natural gas and saltwater disposal gathering systems in Texas. The company sells its natural gas to industrial customers, local distribution companies, oil and gas marketers, major energy companies, pipeline companies, and power generation facilities. As of December 31, 2021, it had proved reserves of approximately 2,892,582 thousand barrels of oil equivalent, which include 189,429 thousand barrels of oil and other liquid hydrocarbons, 14,895 billion cubic feet of natural gas, and 220,615 thousand barrels of natural gas liquids. The company was incorporated in 1989 and is headquartered in Houston, Texas.Show more
  • Revenue$2.75B-49.6%
  • EBITDA$4.82B+49.1%
  • Net Income$1.72B+53.2%
  • EPS (Diluted)2.25+49.0%
  • Gross Margin60.41%+95.1%
  • EBITDA Margin175.28%+196.0%
  • Operating Margin89.13%+250.4%
  • Net Margin62.41%+204.1%
  • ROE12.28%+43.3%
  • ROIC10.94%+54.9%
  • Debt/Equity0.27-6.9%
  • Interest Coverage12.04-12.1%
Analysis→Technical→

CTRA Key Insights

Coterra Energy Inc. (CTRA) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 53.6%
  • ✓FCF machine: 59.4% free cash flow margin
  • ✓Momentum leader: RS Rating 85 (top 15%)
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 14.4%
  • ✓Healthy dividend yield of 2.5%

✗Weaknesses

  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

CTRA Price & Volume

Coterra Energy Inc. (CTRA) stock price & volume — 10-year historical chart

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CTRA Growth Metrics

Coterra Energy Inc. (CTRA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years7.78%
5 Years14.38%
3 Years-33.87%
TTM34.7%

Profit CAGR

10 Years-
5 Years53.65%
3 Years-24.97%
TTM53.17%

EPS CAGR

10 Years-
5 Years35.1%
3 Years-23.77%
TTM50%

Return on Capital

10 Years12.74%
5 Years15.14%
3 Years9.53%
Last Year11.3%

CTRA Recent Earnings

Coterra Energy Inc. (CTRA) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 5/12 qtrs (42%)
Q1 2026Latest
Feb 26, 2026
EPS
$0.39
Est $0.47
-17.2%
Revenue
$2.0B
Est $1.9B
+4.9%
Q4 2025
Nov 3, 2025
EPS
$0.41
Est $0.43
-3.7%
Revenue
$1.8B
Est $1.8B
+3.5%
Q3 2025
Aug 4, 2025
EPS
$0.48
Est $0.45
+6.4%
Revenue
$1.7B
Est $1.7B
+2.4%
Q2 2025
May 5, 2025
EPS
$0.80
Est $0.81
-1.1%
Revenue
$924M
Est $2.0B
-53.5%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 26, 2026
$0.39vs $0.47-17.2%
$2.0Bvs $1.9B+4.9%
Q4 2025Nov 3, 2025
$0.41vs $0.43-3.7%
$1.8Bvs $1.8B+3.5%
Q3 2025Aug 4, 2025
$0.48vs $0.45+6.4%
$1.7Bvs $1.7B+2.4%
Q2 2025May 5, 2025
$0.80vs $0.81-1.1%
$924Mvs $2.0B-53.5%
Based on last 12 quarters of dataView full earnings history →

CTRA Peer Comparison

Coterra Energy Inc. (CTRA) competitors in Large diversified global upstream producers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
DVN logoDVNDevon Energy CorporationDirect Competitor31.69B50.9912.1410.01%15.91%17.34%9.84%0.57
EQT logoEQTEQT CorporationDirect Competitor36.66B58.7217.7473.74%33.4%12.41%7.74%0.29
AR logoARAntero Resources CorporationDirect Competitor12.12B39.1319.2821.73%17.54%12.43%10.25%0.67
RRC logoRRCRange Resources CorporationDirect Competitor10.14B43.0415.7127.56%28.41%20.93%5.82%0.29
FANG logoFANGDiamondback Energy, Inc.Product Competitor58B206.1935.9836.31%2.65%0.93%9.03%0.34
OVV logoOVVOvintiv Inc.Product Competitor15.98B63.0813.20-4.55%14.13%11.09%9.42%0.67
CRC logoCRCCalifornia Resources CorporationProduct Competitor6.22B70.1316.9021.88%10.44%10.34%8.73%0.37
SM logoSMSM Energy CompanyProduct Competitor3.58B31.215.5318.07%20.55%13.47%16.02%0.48

Compare CTRA vs Peers

Coterra Energy Inc. (CTRA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs DVN

Most directly comparable listed peer for CTRA.

Scale Benchmark

vs XOM

Larger-name benchmark to compare CTRA against a more recognizable public peer.

Peer Set

Compare Top 5

vs DVN, EQT, AR, RRC

CTRA Income Statement

Coterra Energy Inc. (CTRA) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Sales/Revenue1.75B2.14B1.99B1.41B3.67B9.51B5.68B5.46B2.75B
Revenue Growth %46.26%22.69%-7.38%-29.22%161.17%159.24%-40.26%-3.92%-49.62%
Cost of Goods Sold1.22B1.3B1.09B1.07B1.61B3.44B3.48B3.77B1.09B
COGS % of Revenue69.98%60.85%55.14%75.8%43.95%36.21%61.24%69.03%39.59%
Gross Profit
524.46M▲ 0%
839.2M▲ 60.0%
890.78M▲ 6.1%
340.01M▼ 61.8%
2.06B▲ 505.0%
6.07B▲ 195.0%
2.2B▼ 63.7%
1.69B▼ 23.2%
1.66B▼ 1.7%
Gross Margin %30.02%39.15%44.86%24.2%56.05%63.79%38.76%30.96%60.41%
Gross Profit Growth %128330.32%60.01%6.15%-61.83%504.98%195.04%-63.7%-23.24%-1.71%
Operating Expenses97.79M96.64M94.87M105.39M164M327M279M302M-790M
OpEx % of Revenue5.6%4.51%4.78%7.5%4.47%3.44%4.91%5.53%-28.72%
Selling, General & Admin97.79M96.64M94.87M105.39M164M327M279M302M260M
SG&A % of Revenue5.6%4.51%4.78%7.5%4.47%3.44%4.91%5.53%9.45%
Research & Development000000000
R&D % of Revenue---------
Other Operating Expenses00000000-1.05B
Operating Income
426.68M▲ 0%
742.56M▲ 74.0%
795.91M▲ 7.2%
234.62M▼ 70.5%
1.89B▲ 706.8%
5.74B▲ 203.3%
1.92B▼ 66.5%
1.39B▼ 27.8%
2.45B▲ 76.5%
Operating Margin %24.42%34.64%40.09%16.7%51.58%60.35%33.85%25.43%89.13%
Operating Income Growth %586.79%74.03%7.18%-70.52%706.83%203.33%-66.49%-27.81%76.53%
EBITDA999.31M1.26B1.2B629.16M2.59B7.38B3.56B3.23B4.82B
EBITDA Margin %57.19%58.67%60.63%44.77%70.46%77.54%62.72%59.22%175.28%
EBITDA Growth %94.95%25.86%-4.29%-47.74%311.03%185.27%-51.67%-9.28%49.1%
D&A (Non-Cash Add-back)572.64M515.22M407.97M394.54M693M1.64B1.64B1.84B2.37B
EBIT-146.31M771.34M955.18M295.25M1.56B5.24B2.2B1.45B2.47B
Net Interest Income-82.13M-73.2M-54.95M-54.12M-62M-70M-26M-44M-191M
Interest Income00000047M62M14M
Interest Expense82.13M73.2M54.95M54.12M62M70M73M106M205M
Other Income/Expense-655.11M-44.42M104.32M6.5M-391M-573M204M-44M-189M
Pretax Income
-228.44M▲ 0%
698.14M▲ 405.6%
900.22M▲ 28.9%
241.12M▼ 73.2%
1.5B▲ 522.9%
5.17B▲ 244.1%
2.13B▼ 58.8%
1.34B▼ 36.8%
2.26B▲ 68.3%
Pretax Margin %-13.07%32.57%45.34%17.16%40.93%54.33%37.44%24.63%82.26%
Income Tax-328.83M141.09M219.15M40.59M344M1.1B503M224M546M
Effective Tax Rate %143.95%20.21%24.34%16.84%22.9%21.36%23.64%16.65%24.13%
Net Income
100.39M▲ 0%
557.04M▲ 454.9%
681.07M▲ 22.3%
200.53M▼ 70.6%
1.16B▲ 477.5%
4.07B▲ 251.0%
1.63B▼ 60.0%
1.12B▼ 31.0%
1.72B▲ 53.2%
Net Margin %5.75%25.98%34.3%14.27%31.55%42.73%28.59%20.53%62.41%
Net Income Growth %124.07%454.86%22.27%-70.56%477.47%251.04%-60.02%-31.02%53.17%
Net Income (Continuing)100.39M557.04M681.07M200.53M1.16B4.07B1.63B1.12B1.72B
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)
0.22▲ 0%
1.25▲ 468.2%
1.63▲ 30.4%
0.50▼ 69.3%
2.29▲ 358.0%
5.08▲ 121.8%
2.13▼ 58.1%
1.51▼ 29.1%
2.25▲ 49.0%
EPS Growth %124.18%468.18%30.4%-69.33%358%121.83%-58.07%-29.11%49.01%
EPS (Basic)0.221.251.640.502.305.102.141.512.25
Diluted Shares Outstanding463.74M445.54M417.45M401M504M799M760M745M761M
Basic Shares Outstanding463.74M445.54M415.51M398.52M503M796M756M742M761M
Dividend Payout Ratio78.53%19.99%21.44%79.29%67.36%49%54.77%55.75%39.72%

CTRA Balance Sheet

Coterra Energy Inc. (CTRA) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Current Assets764.96M544.54M568.25M416M2.14B2.21B2.02B3.32B1.85B
Cash & Short-Term Investments480.05M2.29M200.23M140M1.04B673M956M2.04B119M
Cash Only480.05M2.29M200.23M140M1.04B673M956M2.04B119M
Short-Term Investments000000000
Accounts Receivable214.22M361.74M208.02M215M920M1.06B721M818M1.41B
Days Sales Outstanding44.7561.5938.2455.8591.540.8646.354.67186.94
Inventory8.01M11.08M13.93M15M39M63M59M46M48M
Days Inventory Outstanding2.393.14.655.148.836.676.194.4516.09
Other Current Assets62.68M169.45M146.07M46M141M410M268M405M263M
Total Non-Current Assets3.96B3.65B3.92B4.11B17.76B17.94B18.4B18.3B22.61B
Property, Plant & Equipment3.07B3.46B3.89B4.08B17.69B17.86B18.27B18.14B22.24B
Fixed Asset Turnover0.57x0.62x0.51x0.34x0.21x0.53x0.31x0.30x0.12x
Goodwill000000000
Intangible Assets000000000
Long-Term Investments86.08M163.18M0000003M
Other Non-Current Assets804.11M27.5M27.38M29M72M82M130M163M149M
Total Assets
4.73B▲ 0%
4.2B▼ 11.2%
4.49B▲ 6.9%
4.52B▲ 0.8%
19.9B▲ 339.9%
20.15B▲ 1.3%
20.41B▲ 1.3%
21.63B▲ 5.9%
24.46B▲ 13.1%
Asset Turnover0.37x0.51x0.44x0.31x0.18x0.47x0.28x0.25x0.11x
Asset Growth %-7.72%-11.18%6.87%0.82%339.88%1.28%1.29%5.93%13.11%
Total Current Liabilities630.05M287.26M328.03M390M1.22B1.19B1.66B1.14B1.56B
Accounts Payable7.82M30.03M21.66M11M94M27M60M59M1.03B
Days Payables Outstanding2.338.47.223.7721.272.866.295.71346.23
Short-Term Debt304M087M188M00575M0318M
Deferred Revenue (Current)81.5M00000000
Other Current Liabilities58.59M21.76M22.73M14M240M74M70M93M124M
Current Ratio1.21x1.90x1.73x1.07x1.75x1.85x1.21x2.92x1.19x
Quick Ratio1.20x1.86x1.69x1.03x1.72x1.80x1.18x2.88x1.16x
Cash Conversion Cycle44.8156.2935.6657.2279.0544.6746.1953.41-143.2
Total Non-Current Liabilities1.57B1.82B2.01B1.92B6.94B6.3B5.72B7.37B8.06B
Long-Term Debt1.22B1.23B1.13B946M3.13B2.18B1.59B3.54B3.57B
Capital Lease Obligations0032.68M30M255M298M243M145M120M
Deferred Tax Liabilities227.03M458.6M702.1M774M3.1B3.34B3.41B3.27B3.92B
Other Non-Current Liabilities128.47M138.71M139.92M168M461M484M474M413M447M
Total Liabilities2.2B2.11B2.34B2.31B8.16B7.5B7.38B8.5B9.61B
Total Debt1.52B1.23B1.26B1.17B3.46B2.6B2.53B3.8B4.01B
Net Debt1.04B1.22B1.06B1.03B2.43B1.93B1.57B1.76B3.89B
Debt / Equity0.60x0.59x0.58x0.53x0.30x0.21x0.19x0.29x0.27x
Debt / EBITDA1.52x0.97x1.04x1.86x1.34x0.35x0.71x1.18x0.83x
Net Debt / EBITDA1.04x0.97x0.88x1.63x0.94x0.26x0.44x0.55x0.81x
Interest Coverage-1.78x10.54x17.38x5.46x25.23x74.84x30.15x13.69x12.04x
Total Equity
2.52B▲ 0%
2.09B▼ 17.3%
2.15B▲ 3.0%
2.22B▲ 3.0%
11.74B▲ 429.7%
12.66B▲ 7.8%
13.04B▲ 3.0%
13.12B▲ 0.6%
14.85B▲ 13.1%
Equity Growth %-1.7%-17.26%3.03%3%429.69%7.85%3%0.64%13.14%
Book Value per Share5.444.695.155.5323.2915.8417.1617.6119.51
Total Shareholders' Equity2.52B2.09B2.15B2.22B11.74B12.66B13.04B13.12B14.85B
Common Stock47.55M47.61M47.69M47.78M89M77M75M74M76M
Retained Earnings1.16B1.61B2.14B2.18B2.56B4.64B5.37B5.86B6.89B
Treasury Stock-430.58M-1.33B-1.82B-1.82B-1.83B0000
Accumulated OCI2.08M4.44M1.36M2.42M1M13M11M12M14M
Minority Interest000000000

CTRA Cash Flow Statement

Coterra Energy Inc. (CTRA) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations898.16M1.1B1.45B778M1.67B5.46B3.66B2.79B4.02B
Operating CF Margin %51.4%51.54%72.78%55.36%45.42%57.35%64.36%51.18%146.16%
Operating CF Growth %128.9%23.02%30.78%-46.16%114.27%227.29%-32.95%-23.59%43.86%
Net Income100.39M557.04M681M201M1.16B4.07B1.63B1.12B1.72B
Depreciation & Amortization568.82M417.48M406M391M693M1.64B1.64B1.84B2.37B
Stock-Based Compensation33.42M31.44M30M40M52M73M57M61M0
Deferred Taxes-321.11M229.6M244M72M126M235M74M-145M435M
Other Non-Cash Items594.59M32.8M0-19M-218M-366M24M91M-203M
Working Capital Changes-77.94M-163.46M84M93M-144M-186M237M-173M-298M
Change in Receivables-25.04M-146.92M153M-6M-229M-184M378M-108M-67M
Change in Inventory1.33M-3.93M-3M-2M5M-24M4M13M1M
Change in Payables-2.55M30.47M-30M-30M47M96M-180M15M-77M
Cash from Investing-706.15M-293.38M-543M-584M313M-1.67B-2.06B-1.76B-5.63B
Capital Expenditures-764.56M-894.47M-788M-576M-728M-1.71B-2.1B-1.77B-2.39B
CapEx % of Revenue43.76%41.73%39.69%40.99%19.84%17.97%36.93%32.43%86.77%
Acquisitions-57.04M-77.26M240M-9M1.03B000-3.24B
Investments---------
Other Investing115.44M678.35M5M1M8M36M40M9M-3M
Cash from Financing-210.5M-1.29B-690M-256M-1.09B-4.14B-1.32B279M-551M
Debt Issued (Net)0-297M-7M-87M-190M-874M01.42B300M
Equity Issued (Net)-123.74M-872.76M-520M00-1.26B-406M-455M-141M
Dividends Paid-78.84M-111.37M-146M-159M-780M-1.99B-890M-625M-682M
Share Repurchases-123.74M-872.76M-520M00-1.25B-405M-455M-141M
Other Financing-7.92M-8.15M-17M-10M-116M-19M-21M-56M-28M
Net Change in Cash
-18.5M▲ 0%
-477.76M▼ 2483.2%
212M▲ 144.4%
-62M▼ 129.2%
894M▲ 1541.9%
-363M▼ 140.6%
282M▲ 177.7%
1.31B▲ 365.2%
-2.16B▼ 264.5%
Free Cash Flow
133.6M▲ 0%
210.43M▲ 57.5%
657M▲ 212.2%
202M▼ 69.3%
939M▲ 364.9%
3.75B▲ 298.9%
1.56B▼ 58.4%
1.02B▼ 34.3%
1.63B▲ 59.6%
FCF Margin %7.65%9.82%33.09%14.37%25.59%39.37%27.43%18.75%59.4%
FCF Growth %675.67%57.51%212.21%-69.25%364.85%298.94%-58.38%-34.32%59.57%
FCF per Share0.290.471.570.501.864.692.051.372.15
FCF Conversion (FCF/Net Income)8.95x1.98x2.12x3.88x1.44x1.34x2.25x2.49x2.34x
Interest Paid79.85M80.07M57.48M57.04M0119M84M99M0
Taxes Paid40.63M4.63M7.81M10.96M0983M388M341M0

CTRA Key Ratios

Coterra Energy Inc. (CTRA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)-18.23%3.94%24.16%32.13%9.18%16.6%33.32%12.65%8.57%12.28%
Return on Invested Capital (ROIC)-1.73%8.94%16.19%18.31%5.46%16.31%29.96%9.89%7.06%10.94%
Gross Margin-0.03%30.02%39.15%44.86%24.2%56.05%63.79%38.76%30.96%60.41%
Net Margin-34.92%5.75%25.98%34.3%14.27%31.55%42.73%28.59%20.53%62.41%
Debt / Equity0.59x0.60x0.59x0.58x0.53x0.30x0.21x0.19x0.29x0.27x
Interest Coverage-6.47x-1.78x10.54x17.38x5.46x25.23x74.84x30.15x13.69x12.04x
FCF Conversion-0.94x8.95x1.98x2.12x3.88x1.44x1.34x2.25x2.49x2.34x
Revenue Growth-8.14%46.26%22.69%-7.38%-29.22%161.17%159.24%-40.26%-3.92%-49.62%

CTRA SEC Filings & Documents

Coterra Energy Inc. (CTRA) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 5, 2026·SEC

Material company update

Apr 24, 2026·SEC

Material company update

Apr 2, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 25, 2025·SEC

FY 2024

Feb 23, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 4, 2025·SEC

FY 2025

Aug 5, 2025·SEC

FY 2025

May 6, 2025·SEC

CTRA Frequently Asked Questions

Coterra Energy Inc. (CTRA) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Coterra Energy Inc. (CTRA) reported $7.36B in revenue for fiscal year 2025. This represents a 4410% increase from $163.1M in 1996.

Coterra Energy Inc. (CTRA) saw revenue decline by 49.6% over the past year.

Yes, Coterra Energy Inc. (CTRA) is profitable, generating $1.72B in net income for fiscal year 2025 (62.4% net margin).

Dividend & Returns

Yes, Coterra Energy Inc. (CTRA) pays a dividend with a yield of 2.52%. This makes it attractive for income-focused investors.

Coterra Energy Inc. (CTRA) has a return on equity (ROE) of 12.3%. This is reasonable for most industries.

Coterra Energy Inc. (CTRA) generated $1.63B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More CTRA

Coterra Energy Inc. (CTRA) financial analysis — history, returns, DCA and operating performance tools

Full CTRA Stock Analysis

Analyst verdict, bull/bear case, risk factors and peer comparison

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