Comstock Historical Income Statement

CRK Stock

USD 17.68 1.02 5.45%

Historical analysis of Comstock Resources income statement accounts such as Selling General Administrative of 45.9 M, Total Revenue of 1.9 B or Gross Profit of 227.7 M can show how well Comstock Resources performed in making a profits. Evaluating Comstock Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Comstock Resources's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Comstock Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Comstock Resources is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.

About Comstock Income Statement Analysis

Comstock Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Comstock Resources shareholders. The income statement also shows Comstock investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Comstock Resources Income Statement Chart

At this time, Comstock Resources' EBIT is quite stable compared to the past year. EBITDA is expected to rise to about 1.2 B this year, although the value of Non Recurring will most likely fall to about 7.1 M.

Selling General Administrative Total Revenue Other Operating Expenses Total Operating Expenses Cost Of Revenue

Total Revenue

Total revenue comprises all receipts Comstock Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Comstock Resources. It is also known as Comstock Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Cost Of Revenue

Cost of Revenue is found on Comstock Resources income statement and represents the costs associated with goods and services Comstock Resources provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from Comstock Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Comstock Resources current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.At this time, Comstock Resources' EBIT is quite stable compared to the past year. EBITDA is expected to rise to about 1.2 B this year, although the value of Non Recurring will most likely fall to about 7.1 M.

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	489.5M	607.9M	699.1M	734.0M
Cost Of Revenue	1.3B	1.3B	1.5B	1.6B

Depreciation And Amortization Cost Of Revenue

Comstock Resources income statement Correlations

	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Cost Of Revenue	Depreciation And Amortization	Income Before Tax	Total Other Income Expense Net	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Discontinued Operations	Extraordinary Items	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Interest Expense		0.56	0.57	0.36	0.61	0.38	0.38	0.5	-0.31	0.2	0.34	0.63	0.57	0.24	-0.35	0.55	0.22	-0.14	-0.58	-0.36	-0.11	0.71	0.63	-0.8	0.75
Selling General Administrative	0.56		0.63	0.35	0.8	0.36	0.46	0.66	0.15	0.39	0.32	0.74	0.86	0.38	-0.08	0.82	0.39	-0.2	-0.57	-0.49	-0.24	0.4	0.64	-0.29	0.59
Total Revenue	0.57	0.63		0.87	0.83	0.85	0.9	0.94	-0.23	0.73	0.81	0.83	0.71	0.76	-0.48	0.3	0.73	-0.26	-0.86	-0.35	-0.35	0.8	0.85	-0.46	0.77
Gross Profit	0.36	0.35	0.87		0.45	0.94	0.82	0.74	-0.09	0.7	0.85	0.44	0.31	0.74	-0.64	0.14	0.71	-0.26	-0.64	0.04	-0.31	0.75	0.54	-0.42	0.48
Other Operating Expenses	0.61	0.8	0.83	0.45		0.48	0.7	0.88	-0.18	0.52	0.51	0.99	0.95	0.54	-0.15	0.46	0.53	-0.16	-0.81	-0.66	-0.32	0.58	0.92	-0.33	0.85
Operating Income	0.38	0.36	0.85	0.94	0.48		0.85	0.76	-0.22	0.86	0.94	0.49	0.33	0.89	-0.4	0.07	0.87	-0.56	-0.66	-0.05	-0.42	0.79	0.58	-0.46	0.54
Ebit	0.38	0.46	0.9	0.82	0.7	0.85		0.95	-0.24	0.87	0.89	0.71	0.53	0.89	-0.26	0.14	0.87	-0.31	-0.62	-0.27	-0.3	0.79	0.67	-0.27	0.61
Ebitda	0.5	0.66	0.94	0.74	0.88	0.76	0.95		-0.23	0.79	0.79	0.88	0.76	0.8	-0.25	0.3	0.79	-0.27	-0.75	-0.44	-0.34	0.73	0.81	-0.34	0.74
Total Operating Expenses	-0.31	0.15	-0.23	-0.09	-0.18	-0.22	-0.24	-0.23		-0.15	-0.15	-0.32	-0.13	-0.15	0.15	0.22	-0.13	0.12	0.28	0.03	-0.09	-0.26	-0.25	0.31	-0.3
Net Income	0.2	0.39	0.73	0.7	0.52	0.86	0.87	0.79	-0.15		0.93	0.52	0.35	0.99	0.07	0.04	0.99	-0.69	-0.49	-0.21	-0.47	0.69	0.52	-0.18	0.49
Income Tax Expense	0.34	0.32	0.81	0.85	0.51	0.94	0.89	0.79	-0.15	0.93		0.51	0.29	0.96	-0.19	0.05	0.95	-0.57	-0.57	-0.15	-0.36	0.86	0.57	-0.32	0.55
Cost Of Revenue	0.63	0.74	0.83	0.44	0.99	0.49	0.71	0.88	-0.32	0.52	0.51		0.94	0.54	-0.16	0.4	0.52	-0.17	-0.82	-0.65	-0.29	0.59	0.93	-0.37	0.86
Depreciation And Amortization	0.57	0.86	0.71	0.31	0.95	0.33	0.53	0.76	-0.13	0.35	0.29	0.94		0.35	-0.15	0.54	0.34	-0.1	-0.75	-0.64	-0.31	0.37	0.84	-0.35	0.77
Income Before Tax	0.24	0.38	0.76	0.74	0.54	0.89	0.89	0.8	-0.15	0.99	0.96	0.54	0.35		0.02	0.03	1.0	-0.67	-0.52	-0.21	-0.44	0.74	0.55	-0.22	0.52
Total Other Income Expense Net	-0.35	-0.08	-0.48	-0.64	-0.15	-0.4	-0.26	-0.25	0.15	0.07	-0.19	-0.16	-0.15	0.02		-0.1	0.06	-0.37	0.44	-0.21	0.0	-0.32	-0.26	0.46	-0.22
Selling And Marketing Expenses	0.55	0.82	0.3	0.14	0.46	0.07	0.14	0.3	0.22	0.04	0.05	0.4	0.54	0.03	-0.1		0.05	0.08	-0.22	-0.17	0.14	0.31	0.27	-0.2	0.34
Net Income From Continuing Ops	0.22	0.39	0.73	0.71	0.53	0.87	0.87	0.79	-0.13	0.99	0.95	0.52	0.34	1.0	0.06	0.05		-0.69	-0.5	-0.22	-0.46	0.73	0.53	-0.21	0.51
Non Recurring	-0.14	-0.2	-0.26	-0.26	-0.16	-0.56	-0.31	-0.27	0.12	-0.69	-0.57	-0.17	-0.1	-0.67	-0.37	0.08	-0.69		0.29	0.13	0.53	-0.35	-0.26	0.31	-0.33
Non Operating Income Net Other	-0.58	-0.57	-0.86	-0.64	-0.81	-0.66	-0.62	-0.75	0.28	-0.49	-0.57	-0.82	-0.75	-0.52	0.44	-0.22	-0.5	0.29		0.42	0.4	-0.61	-0.95	0.5	-0.85
Discontinued Operations	-0.36	-0.49	-0.35	0.04	-0.66	-0.05	-0.27	-0.44	0.03	-0.21	-0.15	-0.65	-0.64	-0.21	-0.21	-0.17	-0.22	0.13	0.42		0.18	-0.2	-0.63	0.03	-0.43
Extraordinary Items	-0.11	-0.24	-0.35	-0.31	-0.32	-0.42	-0.3	-0.34	-0.09	-0.47	-0.36	-0.29	-0.31	-0.44	0.0	0.14	-0.46	0.53	0.4	0.18		-0.19	-0.35	0.35	-0.45
Tax Provision	0.71	0.4	0.8	0.75	0.58	0.79	0.79	0.73	-0.26	0.69	0.86	0.59	0.37	0.74	-0.32	0.31	0.73	-0.35	-0.61	-0.2	-0.19		0.64	-0.52	0.69
Interest Income	0.63	0.64	0.85	0.54	0.92	0.58	0.67	0.81	-0.25	0.52	0.57	0.93	0.84	0.55	-0.26	0.27	0.53	-0.26	-0.95	-0.63	-0.35	0.64		-0.42	0.89
Net Interest Income	-0.8	-0.29	-0.46	-0.42	-0.33	-0.46	-0.27	-0.34	0.31	-0.18	-0.32	-0.37	-0.35	-0.22	0.46	-0.2	-0.21	0.31	0.5	0.03	0.35	-0.52	-0.42		-0.62
Reconciled Depreciation	0.75	0.59	0.77	0.48	0.85	0.54	0.61	0.74	-0.3	0.49	0.55	0.86	0.77	0.52	-0.22	0.34	0.51	-0.33	-0.85	-0.43	-0.45	0.69	0.89	-0.62

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Comstock Resources Account Relationship Matchups

Comstock Resources income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Interest Expense	234.8M	218.5M	171.1M	169.0M	194.4M	204.1M
Selling General Administrative	32.0M	34.9M	39.4M	38.0M	43.7M	45.9M
Total Revenue	858.2M	1.9B	3.6B	1.6B	1.8B	1.9B
Gross Profit	195.1M	1.1B	2.3B	266.2M	306.2M	227.7M
Other Operating Expenses	695.2M	787.9M	1.3B	1.3B	1.5B	1.6B
Operating Income	163.0M	900.8M	2.3B	226.5M	260.4M	273.5M
Ebit	173.2M	(11.8M)	1.6B	416.0M	478.4M	502.3M
Ebitda	590.3M	457.6M	2.1B	1.0B	1.2B	1.2B
Total Operating Expenses	32.1M	34.9M	47.7M	38.0M	43.7M	86.2M
Net Income	(52.4M)	(241.7M)	1.1B	211.6M	243.3M	255.5M
Income Tax Expense	(9.2M)	11.4M	261.1M	35.1M	40.4M	42.4M
Cost Of Revenue	663.1M	752.9M	1.3B	1.3B	1.5B	1.6B
Depreciation And Amortization	417.1M	469.4M	489.5M	607.9M	699.1M	734.0M
Income Before Tax	(61.6M)	(230.3M)	1.4B	247.0M	284.0M	298.2M
Total Other Income Expense Net	(224.7M)	(1.1B)	(879.5M)	20.5M	18.5M	19.4M
Net Income From Continuing Ops	(52.4M)	(241.7M)	1.1B	211.9M	243.7M	255.9M
Net Income Applicable To Common Shares	74.5M	(83.4M)	(259.2M)	1.1B	1.3B	1.4B
Tax Provision	(9.2M)	11.4M	261.1M	35.1M	40.4M	22.3M
Interest Income	109.8M	224.9M	779.1M	833.6M	958.7M	1.0B
Net Interest Income	(234.8M)	(218.5M)	(171.1M)	(169.0M)	(152.1M)	(159.7M)
Reconciled Depreciation	417.1M	469.4M	489.5M	607.9M	699.1M	437.1M

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When determining whether Comstock Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Comstock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Comstock Resources Stock. Highlighted below are key reports to facilitate an investment decision about Comstock Resources Stock:

How To Invest In Comstock

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Is Comstock Stock a good investment?

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What is Comstock Resources' Net Worth?

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Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comstock Resources. If investors know Comstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comstock Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.79)

Earnings Share

(0.18)

Revenue Per Share

4.574

Quarterly Revenue Growth

(0.19)

Return On Assets

(0.01)

The market value of Comstock Resources is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Resources' value that differs from its market value or its book value, called intrinsic value, which is Comstock Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comstock Resources' market value can be influenced by many factors that don't directly affect Comstock Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Comstock Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Comstock Historical Income Statement

About Comstock Income Statement Analysis

Comstock Resources Income Statement Chart

Total Revenue

Other Operating Expenses

Total Operating Expenses

Cost Of Revenue

Comstock Resources income statement Correlations

Comstock Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Comstock Resources income statement Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Income From Continuing Ops	+ 1.0	Income Before Tax
Cost Of Revenue	+ 0.99	Other Operating Expenses
Income Before Tax	+ 0.99	Net Income
Net Income From Continuing Ops	+ 0.99	Net Income
Income Before Tax	+ 0.96	Income Tax Expense
Depreciation And Amortization	+ 0.95	Other Operating Expenses

Interest Income	- 0.95	Non Operating Income Net Other
Non Operating Income Net Other	- 0.86	Total Revenue
Reconciled Depreciation	- 0.85	Non Operating Income Net Other
Non Operating Income Net Other	- 0.82	Cost Of Revenue
Non Operating Income Net Other	- 0.81	Other Operating Expenses
Net Interest Income	- 0.8	Interest Expense