Cross Timbers Royalty Trust (Cross Timbers Royalty Trust) Net Margin %

: 94.86% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Cross Timbers Royalty Trust's Net Income for the three months ended in Dec. 2023 was $2.42 Mil. Cross Timbers Royalty Trust's Revenue for the three months ended in Dec. 2023 was $2.55 Mil. Therefore, Cross Timbers Royalty Trust's net margin for the quarter that ended in Dec. 2023 was 94.86%.

The historical rank and industry rank for Cross Timbers Royalty Trust's Net Margin % or its related term are showing as below:

CRT' s Net Margin % Range Over the Past 10 Years
Min: 84.39 Med: 91.47 Max: 96.94
Current: 93.89

CRT's Net Margin % is ranked better than
97.33% of 974 companies
in the Oil & Gas industry
Industry Median: 4.205 vs CRT: 93.89

Cross Timbers Royalty Trust Net Margin % Historical Data

The historical data trend for Cross Timbers Royalty Trust's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cross Timbers Royalty Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

88.58

88.07

89.71

93.99

93.89

Cross Timbers Royalty Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																93.44	93.00	96.14	91.59	94.86

Competitive Comparison

For the Oil & Gas E&P subindustry, Cross Timbers Royalty Trust's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cross Timbers Royalty Trust Net Margin % Distribution

For the Oil & Gas industry and Energy sector, Cross Timbers Royalty Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Cross Timbers Royalty Trust's Net Margin % falls into.

Cross Timbers Royalty Trust Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Cross Timbers Royalty Trust's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	11.548	/	12.3
	=	93.89 %

Cross Timbers Royalty Trust's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2.417	/	2.548
	=	94.86 %

Cross Timbers Royalty Trust (NYSE:CRT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Cross Timbers Royalty Trust Net Margin % Related Terms

Thank you for viewing the detailed overview of Cross Timbers Royalty Trust's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Cross Timbers Royalty Trust (Cross Timbers Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cross Timbers Royalty Trust (NYSE:CRT) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Corporate Argent Trust Company, 2911 Turtle Creek Boulevard, Suite 850, Dallas, TX, USA, 75219

Website

http://www.crt-crosstimbers.com

Cross Timbers Royalty Trust is a United States based trust. Its principal asset is the net profits interests. The net profits interests are derived from producing royalty, overriding royalty interests, and working interests properties. The underlying properties of the trust include producing properties in Texas, Oklahoma, and New Mexico.

Executives

Gary D. Simpson	officer: Sr VP Investor Rel & Finance, other: Advisory Dir - XTO Energy Inc.	810 HOUSTON STREET, FORT WORTH TX 76102
Timothy L Petrus	other: Exec VP - XTO Energy Inc.	810 HOUSTON STREET, FORT WORTH TX 76102
Phillip R Kevil	other: Director-XTO Energy Inc.	C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Vennerberg Vaughn O Ii	other: Exec. VP - Admin., XTO Energy
Bob R Simpson	other: Dir/CEO/Chair, XTO Energy	C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Bennie G Kniffen	other: Sr. VP-Controller, XTO Energy
Steffen E Palko	Dir, Pres. and Vice Chairman, other: Dir/Pres/Vice Chair-XTO Energy
Louis G Baldwin	other: Executive VP-CFO, XTO Energy
Keith A Hutton	other: Exec. VP-Operation, XTO Energy	C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Lane G Collins	other: Director, XTO Energy
Jack P Randall	other: Director, XTO Energy Inc.
Adams William H Iii	other: Director, XTO Energy Inc.	C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Scott G Sherman	other: Director XTO Energy Inc.
Herbert D Simons	other: Director, XTO Energy Inc.