CRK (Comstock Resources) EBIT: $853 Mil (TTM As of Jun. 2026)

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CRK Comstock Resources Inc CRK
73 GF Score
Price $13.17
GF Value $16.09
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Comstock Resources EBIT?

Comstock Resources CRK +1.58% 73 EBIT is $853 Mil as of Jun. 2026. GuruFocus rates CRK with a GF Score™ of 73/100 and a GF Value™ of $16.09 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Comstock Resources's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was $67 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was $853 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Comstock Resources's annualized ROC % for the quarter that ended in Jun. 2026 was 1.18%. Comstock Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 4.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Comstock Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 11.25%.


Comstock Resources  (NYSE:CRK) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Comstock Resources's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=84.004 * ( 1 - 0% )/( (7014.623 + 7232.491)/ 2 )
=84.004/7123.557
=1.18 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=7239.696 - 646.931 - ( 14.785 - max(0, 711.922 - 290.064+14.785))
=7014.623

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=7524.686 - 665.53 - ( 45.008 - max(0, 711.896 - 338.561+45.008))
=7232.491

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Comstock Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=268.82/( ( (6574.677 + max(-399.485, 0)) + (6827.998 + max(-383.185, 0)) )/ 2 )
=268.82/( ( 6574.677 + 6827.998 )/ 2 )
=268.82/6701.3375
=4.01 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(169.051 + 0 + 96.216) - (646.931 + 0 + 17.821)
=-399.485

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(180.593 + 0 + 107.629) - (665.53 + 0 + 5.877)
=-383.185

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Comstock Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=852.727/7577.775
=11.25 %

* 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.


Comstock Resources EBIT Related Terms


Comstock Resources EBIT Historical Data

* Premium members only.

The historical data trend for Comstock Resources's EBIT 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.

Comstock Resources EBIT Chart

Comstock Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.84 1,573.04 416.01 -157.21 731.53

Comstock Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 327.39 193.44 414.53 177.55 67.21

CRK vs CRGY, CRC, BSM: EBIT Comparison

For the Oil & Gas E&P subindustry, Comstock Resources's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Comstock Resources EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Comstock Resources's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Comstock Resources's EV-to-EBIT falls into.


CRK
73GF Score
Comstock Resources Inc CRK
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comstock Resources EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $853 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $853 Mil mean?
Comstock Resources (CRK) has a EBIT of $853 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Comstock Resources.
Is Comstock Resources' EBIT too high?
Comstock Resources' current EBIT is $853 Mil. Overall, Comstock Resources has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Comstock Resources' EBIT compare to CRGY and CRC?
Comstock Resources' EBIT of $853 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Comstock Resources. Comstock Resources's current EBIT is $853 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comstock Resources stock overvalued right now?
Based on GuruFocus' analysis, Comstock Resources (CRK) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.09, compared to a current price of $13.17 — trading 18.2% below its estimated fair value. The current EBIT is $853 Mil. Comstock Resources' overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Comstock Resources (CRK), the current EBIT is $853 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Comstock Resources (CRK) Overvalued in 2026?

Based on GuruFocus' analysis, Comstock Resources stock appears to be undervalued. The current stock price of $13.17 is trading 18.2% below its estimated GF Value™ of $16.09. GuruFocus considers Comstock Resources to be Modestly Undervalued.

Key valuation signals for CRK:

  • EBIT: $853 Mil
  • GF Value™: $16.09 vs. price of $13.17 (18.2% below fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the CRK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Comstock Resources Business Description

Industry EnergyOil & Gas
Other Exchanges CX91:Germany
Address 5300 Town and Country Boulevard, Suite 500, Comstock Tower, Frisco, TX, USA, 75034
Comstock Resources Inc is an independent natural gas producer operating in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas with superior economics given its geographical proximity to the Gulf Coast natural gas markets. The Company operates in one business segment, the exploration and production of North American natural gas and oil. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. The company's oil and gas operations are concentrated in Louisiana and Texas.
73GF Score

Get the complete analysis for CRK

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.17
Price
$16.09
GF Value