Ring Energy, Inc.REINYSE
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Gross Profit Growth Recovery in Progress
Trending higher, below historical average, structural decline.
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Year-over-year gross profit growth rate
Latest
-7.07%
↓ 110% below average
Average (9y)
69.57%
Historical baseline
Range
High:304.67%
Low:-77.41%
CAGR
-23.3%
Structural decline
| Period | Value |
|---|---|
| 2024 | -7.07% |
| 2023 | -19.76% |
| 2022 | 95.28% |
| 2021 | 304.67% |
| 2020 | -65.63% |
| 2019 | 70.03% |
| 2018 | 75.99% |
| 2017 | 238.37% |
| 2016 | 81.21% |
| 2015 | -77.41% |