This company has been marked as potentially delisted and may not be actively trading.

Civitas Resources (CIVI) Financials

Annual Income Statements for Civitas Resources

This table shows Civitas Resources' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2013	2014	2015	2016	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	69	20	-746	-199	168	67	104	179	1,248	784	839
Consolidated Net Income / (Loss)	69	20	-746	-199	168	67	104	179	1,248	784	839
Net Income / (Loss) Continuing Operations	70	17	-746	-199	168	67	104	179	1,248	784	839
Total Pre-Tax Income	113	28	-910	-199	168	67	43	252	1,654	999	1,083
Total Operating Income	147	-48	-907	-129	112	106	-11	322	1,984	1,139	1,479
Total Gross Profit	374	499	216	152	256	285	185	849	3,472	3,144	4,781
Total Revenue	422	559	293	195	277	313	218	931	3,791	3,479	5,207
Operating Revenue	422	559	293	195	277	313	218	931	3,791	3,479	5,207
Total Cost of Revenue	48	60	76	44	21	29	33	82	319	336	426
Operating Cost of Revenue	48	60	76	44	21	29	32	82	319	336	426
Total Operating Expenses	227	546	1,124	281	144	179	197	527	1,488	2,004	3,302
Selling, General & Admin Expense	56	82	70	77	42	40	35	73	146	169	244
Marketing Expense	27	63	19	28	19	26	3.79	65	306	277	377
Exploration Expense	4.21	5.35	16	0.95	0.29	0.80	0.60	7.94	6.98	2.18	14
Depreciation Expense	140	229	245	111	42	76	91	227	816	1,171	2,056
Other Operating Expenses / (Income)	-	0.00	0.00	29	35	25	22	52	170	301	578
Impairment Charge	0.00	168	774	35	5.27	11	37	57	18	0.00	0.00
Restructuring Charge	-	-	-	-	0.00	0.00	6.68	44	25	84	31
Total Other Income / (Expense), net	-34	76	-3.00	-70	56	-38	54	-70	-330	-140	-397
Interest Expense	22	46	57	62	2.60	2.65	2.05	9.70	32	183	456
Other Income / (Expense), net	-13	122	54	-7.78	58	-36	56	-61	-298	43	60
Income Tax Expense	43	11	-165	0.00	0.00	0.00	-61	73	406	215	244
Basic Earnings per Share	$1.72	$0.50	($15.57)	($4.04)	$8.20	$3.25	$4.98	$4.82	$14.68	$9.09	$8.48
Weighted Average Basic Shares Outstanding	39.34M	40.14M	47.87M	49.27M	20.51M	20.61M	20.77M	37.16M	85.01M	86.24M	98.87M
Diluted Earnings per Share	$1.71	$0.49	($15.57)	($4.04)	$8.16	$3.24	$4.95	$4.74	$14.58	$9.02	$8.46
Weighted Average Diluted Shares Outstanding	39.40M	40.29M	47.87M	49.27M	20.60M	20.68M	20.91M	37.75M	85.60M	86.99M	99.18M
Weighted Average Basic & Diluted Shares Outstanding	40.27M	40.60M	47.90M	49.68M	20.56M	-	20.84M	84.94M	80.21M	101.02M	93.02M
Cash Dividends to Common per Share	-	-	-	-	-	-	-	$1.16	$6.29	$7.60	$4.97

This table shows Civitas Resources' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025
Net Income / (Loss) Attributable to Common Shareholders	202	139	140	303	176	216	296	151	186	124	177
Consolidated Net Income / (Loss)	202	139	140	303	176	216	296	151	186	124	177
Net Income / (Loss) Continuing Operations	202	139	140	303	176	216	296	151	186	124	177
Total Pre-Tax Income	268	184	169	379	211	283	389	200	247	162	234
Total Operating Income	241	179	379	340	427	387	346	319	315	170	273
Total Gross Profit	579	582	947	1,036	1,226	1,207	1,164	1,184	1,093	962	1,068
Total Revenue	656	661	1,036	1,127	1,329	1,313	1,272	1,293	1,194	1,057	1,168
Total Cost of Revenue	77	78	89	91	103	106	108	109	101	95	100
Operating Cost of Revenue	77	78	89	91	103	106	108	109	101	95	100
Total Operating Expenses	338	403	568	696	799	820	818	865	778	792	795
Selling, General & Admin Expense	37	35	40	57	65	60	59	59	61	55	55
Marketing Expense	52	52	83	88	102	102	87	86	89	75	81
Exploration Expense	0.57	0.55	0.43	0.63	11	2.00	1.00	0.59	3.00	3.00	1.00
Depreciation Expense	201	233	320	417	467	521	524	545	445	501	497
Other Operating Expenses / (Income)	46	51	95	110	131	127	147	173	174	158	159
Restructuring Charge	0.48	31	28	24	23	8.00	0.00	0.68	6.00	0.00	2.00
Total Other Income / (Expense), net	26	4.21	-210	39	-216	-104	43	-119	-68	-8.00	-39
Interest Expense	7.45	8.75	76	90	110	115	117	114	107	114	120
Other Income / (Expense), net	34	13	-133	129	-106	11	160	-5.47	39	106	81
Income Tax Expense	65	44	30	76	35	67	93	49	61	38	57
Basic Earnings per Share	$2.48	$1.73	$1.57	$3.31	$1.75	$2.17	$3.02	$1.54	$1.99	$1.34	$1.99
Weighted Average Basic Shares Outstanding	81.72M	80.39M	88.91M	86.24M	100.55M	99.43M	97.91M	98.87M	93.47M	92.59M	88.86M
Diluted Earnings per Share	$2.46	$1.72	$1.56	$3.28	$1.74	$2.15	$3.01	$1.56	$1.99	$1.34	$1.99
Weighted Average Diluted Shares Outstanding	82.43M	81.14M	89.63M	86.99M	101.29M	100.24M	98.22M	99.18M	93.62M	92.67M	88.96M
Weighted Average Basic & Diluted Shares Outstanding	80.44M	93.76M	93.77M	101.02M	100.09M	98.35M	96.51M	93.02M	92.58M	92.66M	85.30M
Cash Dividends to Common per Share	$2.15	$2.12	$1.74	-	$1.45	$1.50	$1.52	-	$0.50	$0.50	$0.50

This table details how cash moves in and out of Civitas Resources' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2013	2014	2015	2016	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	176	-178	19	59	0.22	-1.91	14	230	514	359	-1,051
Net Cash From Operating Activities	307	340	226	15	117	225	159	275	2,477	2,239	2,865
Net Cash From Continuing Operating Activities	307	340	226	15	117	225	159	275	2,477	2,239	2,865
Net Income / (Loss) Continuing Operations	69	20	-746	-199	168	67	104	179	1,248	784	839
Consolidated Net Income / (Loss)	69	20	-746	-199	168	67	104	179	1,248	784	839
Depreciation Expense	141	229	245	111	42	76	91	227	816	1,171	2,056
Amortization Expense	1.51	1.59	2.28	3.18	0.03	0.49	0.86	1.89	4.46	9.29	53
Non-Cash Adjustments To Reconcile Net Income	27	73	870	77	-69	57	37	-149	-206	-43	21
Changes in Operating Assets and Liabilities, net	68	16	-146	22	-25	23	-74	16	614	317	-103
Net Cash From Investing Activities	-465	-837	-453	-67	-164	-255	-64	74	-1,306	-5,243	-2,672
Net Cash From Continuing Investing Activities	-465	-837	-453	-67	-164	-255	-64	74	-1,306	-5,243	-2,672
Purchase of Property, Plant & Equipment	-442	-827	-445	-53	-268	-257	-64	-152	-97	-155	-47
Acquisitions	0.00	-1.55	-	-	-	-	-	222	-236	-3,656	-905
Sale of Property, Plant & Equipment	-	-	-	-	-	0.00	0.00	2.39	1.78	90	209
Other Investing Activities, net	-12	-15	-7.46	-15	-	-	0.00	0.21	-974	-1,523	-1,928
Net Cash From Financing Activities	335	319	245	112	48	29	-81	-118	-657	3,363	-1,244
Net Cash From Continuing Financing Activities	335	319	245	112	48	29	-81	-118	-657	3,363	-1,244
Repayment of Debt	-272	-238	-92	-97	-92	-25	-125	-608	-101	703	-2,208
Repurchase of Common Equity	0.00	0.00	-6.62	0.00	-	-	-	0.00	0.00	-320	-427
Payment of Dividends	-	-	-	-	-	0.00	0.00	-61	-537	-660	-494
Issuance of Debt	602	563	137	209	140	55	45	555	0.00	3,654	1,897
Other Financing Activities, net	4.69	-6.01	-2.68	-0.29	0.24	-1.18	-1.12	-4.34	-20	-13	-12

This table details how cash moves in and out of Civitas Resources' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025
Net Change in Cash & Equivalents	-212	2,147	-2,608	1,031	-1,075	40	-45	29	-56	49	-13
Net Cash From Operating Activities	539	337	520	843	813	360	835	858	719	298	860
Net Cash From Continuing Operating Activities	539	337	520	843	813	360	835	858	719	298	860
Net Income / (Loss) Continuing Operations	202	139	140	303	176	216	296	151	186	124	177
Consolidated Net Income / (Loss)	202	139	140	303	176	216	296	151	186	124	177
Depreciation Expense	201	233	320	417	467	521	524	545	445	501	497
Amortization Expense	1.15	1.16	3.40	3.59	12	13	14	14	4.00	5.00	4.00
Non-Cash Adjustments To Reconcile Net Income	-28	3.95	125	-144	111	-9.00	-121	41	-25	-35	2.00
Changes in Operating Assets and Liabilities, net	162	-40	-69	264	47	-382	123	108	109	-297	180
Net Cash From Investing Activities	-276	-648	-3,574	-746	-1,313	-490	-598	-272	-1,245	-489	-324
Net Cash From Continuing Investing Activities	-276	-648	-3,574	-746	-1,313	-490	-598	-272	-1,245	-489	-324
Purchase of Property, Plant & Equipment	-281	-289	-273	688	-572	-533	-552	1,609	-492	-489	-505
Acquisitions	0.00	-	-3,650	-5.12	-834	-34	-38	-	-756	-	-5.00
Other Investing Activities, net	5.61	-359	350	-1,520	93	77	-8.43	-2,090	3.00	-	186
Net Cash From Financing Activities	-475	2,457	447	934	-575	170	-282	-558	470	240	-549
Net Cash From Continuing Financing Activities	-475	2,457	447	934	-575	170	-282	-558	470	240	-549
Repayment of Debt	0.00	-	-470	1,173	-653	-549	-400	-608	-504	-905	-803
Repurchase of Common Equity	-300	-20	-0.09	-	-67	-125	-78	-157	-71	-1.00	-250
Payment of Dividends	-173	-174	-164	-149	-148	-149	-149	-48	-50	-47	-44
Issuance of Debt	0.00	2,666	1,120	-133	300	1,000	350	247	1,100	1,193	550
Other Financing Activities, net	-1.68	-15	-40	43	-7.00	-6.80	-5.41	8.60	-5.00	-	-2.00

This table presents Civitas Resources' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2013	2014	2015	2016	2017	2019	2020	2021	2022	2023	2024
Period end date	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	1,546	2,006	1,260	1,134	830	1,206	1,183	6,741	7,971	14,097	14,944
Total Current Assets	264	208	120	112	53	111	92	720	1,328	2,144	988
Cash & Equivalents	181	2.58	21	81	13	11	25	254	768	1,125	76
Accounts Receivable	57	55	25	14	29	44	33	362	344	506	646
Prepaid Expenses	1.64	13	4.08	5.92	6.56	7.05	3.57	33	49	68	74
Other Current Assets	14	123	61	6.78	4.32	41	22	70	138	446	192
Plant, Property, & Equipment, net	1,268	1,756	9.73	1,019	774	1,054	997	5,945	6,611	11,820	13,794
Plant, Property & Equipment, gross	1,492	2,338	1,856	2,713	786	1,180	1,209	6,375	7,826	14,160	18,082
Accumulated Depreciation	225	592	943	1,694	17	127	211	430	1,214	2,340	4,288
Total Noncurrent Assets	15	41	217	3.08	3.14	42	93	76	32	133	162
Other Noncurrent Operating Assets	14	41	217	3.08	3.14	42	33	54	32	133	162
Total Liabilities & Shareholders' Equity	1,546	2,006	1,260	1,134	830	1,206	1,183	6,741	7,971	14,097	14,944
Total Liabilities	890	1,266	1,050	1,115	142	270	138	2,086	2,597	7,916	8,315
Total Current Liabilities	175	198	136	1,070	89	105	74	1,120	1,178	1,852	2,205
Accounts Payable	122	146	96	61	62	58	12	246	295	566	561
Accrued Expenses	36	41	28	24	16	29	19	466	538	766	702
Other Taxes Payable	-	-	-	-	-	-	25	144	259	421	323
Other Current Liabilities	5.32	-	-	0.00	11	18	18	263	85	99	619
Total Noncurrent Liabilities	715	1,068	914	45	53	165	63	967	1,420	6,064	6,110
Long-Term Debt	531	852	872	-	0.00	80	0.00	492	393	4,786	4,494
Asset Retirement Reserve & Litigation Obligation	-	-	-	31	38	28	29	201	265	306	399
Noncurrent Deferred & Payable Income Tax Liabilities	153	166	-	-	-	-	-	0.00	320	565	801
Other Noncurrent Operating Liabilities	31	50	32	14	15	57	34	274	441	408	416
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	656	740	209	19	688	937	1,045	4,655	5,374	6,181	6,629
Total Preferred & Common Equity	656	740	209	19	688	937	1,045	4,655	5,374	6,181	6,629
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	656	740	209	19	688	937	1,045	4,655	5,374	6,181	6,629
Common Stock	528	592	806	815	693	706	711	4,204	4,216	4,969	5,100
Retained Earnings	128	149	-597	-796	-5.02	230	334	451	1,158	1,212	1,529

This table presents Civitas Resources' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025
Total Assets	7,689	7,675	10,171	12,842	15,084	15,041	15,008	15,330	15,403	15,111
Total Current Assets	1,188	956	3,413	949	955	954	960	944	1,050	945
Cash & Equivalents	682	556	2,703	95	52	92	47	20	69	56
Accounts Receivable	338	222	201	573	602	560	549	573	587	523
Prepaid Expenses	33	51	49	73	62	61	68	74	82	84
Other Current Assets	107	119	457	186	239	241	296	277	312	282
Plant, Property, & Equipment, net	6,461	6,679	6,707	11,768	13,996	13,958	13,911	14,157	14,178	14,009
Plant, Property & Equipment, gross	7,422	8,088	8,335	13,708	16,747	17,207	17,663	18,878	19,390	19,672
Accumulated Depreciation	1,010	1,409	1,628	1,940	2,751	3,250	3,752	4,721	5,212	5,663
Total Noncurrent Assets	40	40	51	125	133	130	137	229	175	157
Other Noncurrent Operating Assets	40	40	51	125	133	130	137	229	175	157
Total Liabilities & Shareholders' Equity	7,689	7,675	10,171	12,842	15,084	15,041	15,008	15,330	15,403	15,111
Total Liabilities	2,435	2,573	5,124	6,821	8,449	8,455	8,339	8,625	8,609	8,426
Total Current Liabilities	1,269	1,058	1,221	2,019	2,580	2,290	2,114	1,804	1,683	1,695
Accounts Payable	289	263	241	645	660	666	586	597	622	623
Accrued Expenses	495	507	522	745	815	705	636	668	610	646
Other Taxes Payable	283	222	389	431	411	259	321	330	283	291
Other Current Liabilities	184	66	69	193	694	659	572	209	168	135
Total Noncurrent Liabilities	1,166	1,515	3,903	4,801	5,869	6,166	6,225	6,821	6,926	6,731
Long-Term Debt	393	394	3,049	3,700	4,438	4,890	4,842	5,096	5,388	5,139
Asset Retirement Reserve & Litigation Obligation	202	264	268	305	337	318	310	393	384	365
Noncurrent Deferred & Payable Income Tax Liabilities	222	366	410	459	595	657	752	856	891	955
Other Noncurrent Operating Liabilities	350	492	177	293	500	301	321	476	263	272
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5,254	5,102	5,047	6,021	6,635	6,586	6,668	6,705	6,794	6,685
Total Preferred & Common Equity	5,254	5,102	5,047	6,021	6,635	6,586	6,668	6,705	6,794	6,685
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	5,254	5,102	5,047	6,021	6,635	6,586	6,668	6,705	6,794	6,685
Common Stock	4,210	3,978	3,962	4,960	5,408	5,323	5,260	5,024	5,035	4,644
Retained Earnings	1,044	1,123	1,084	1,060	1,227	1,263	1,408	1,681	1,759	2,041

This table displays calculated financial ratios and metrics derived from Civitas Resources' official financial filings.

Metric	2013	2014	2015	2016	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	82.46%	32.42%	-47.61%	-33.27%	0.00%	13.22%	-30.37%	326.71%	307.41%	-8.23%	49.65%
EBITDA Growth	87.05%	10.26%	-298.82%	96.29%	0.00%	-31.05%	-6.49%	257.54%	411.30%	-5.75%	54.41%
EBIT Growth	70.89%	-44.64%	-1,246.20%	83.96%	0.00%	-59.18%	-35.42%	480.73%	544.78%	-29.88%	30.18%
NOPAT Growth	95.22%	-131.69%	-2,105.20%	85.77%	0.00%	-6.08%	-125.43%	952.55%	554.23%	-40.28%	28.17%
Net Income Growth	48.71%	-70.68%	-3,775.72%	73.31%	0.00%	-60.12%	54.37%	72.82%	597.56%	-37.16%	6.94%
EPS Growth	46.15%	-71.35%	-3,277.55%	74.05%	0.00%	-60.29%	52.78%	-4.24%	207.59%	-38.13%	-6.21%
Operating Cash Flow Growth	94.76%	10.73%	-33.51%	-93.56%	0.00%	92.67%	-29.31%	72.93%	802.06%	-9.62%	27.98%
Free Cash Flow Firm Growth	24.47%	-308.14%	230.18%	-206.05%	0.00%	0.00%	95.37%	-8,641.82%	138.17%	-384.01%	98.53%
Invested Capital Growth	30.97%	57.25%	-89.40%	444.38%	0.00%	0.00%	1.47%	379.39%	2.19%	96.88%	12.23%
Revenue Q/Q Growth	16.41%	-1.74%	-18.44%	-3.97%	0.00%	0.00%	0.00%	92.76%	8.71%	9.87%	3.30%
EBITDA Q/Q Growth	21.98%	-21.48%	-2,042.69%	96.00%	0.00%	113.22%	52.22%	256.92%	9.92%	14.00%	-0.47%
EBIT Q/Q Growth	21.22%	-58.10%	-195.90%	80.58%	0.00%	0.00%	0.00%	1,039.54%	9.66%	7.85%	-9.17%
NOPAT Q/Q Growth	19.41%	-128.99%	-104.13%	81.64%	0.00%	0.00%	0.00%	-70.22%	11.68%	0.97%	-2.67%
Net Income Q/Q Growth	21.80%	-77.19%	-246.65%	86.29%	0.00%	0.00%	0.00%	135.89%	10.46%	2.75%	-15.32%
EPS Q/Q Growth	22.14%	-77.52%	-242.20%	72.61%	0.00%	0.00%	0.00%	42.34%	-6.30%	-0.11%	-16.90%
Operating Cash Flow Q/Q Growth	19.88%	-13.24%	-4.84%	0.00%	0.00%	5.67%	-8.25%	14.61%	21.00%	17.35%	0.52%
Free Cash Flow Firm Q/Q Growth	21.79%	-30.30%	-15.41%	29.64%	0.00%	0.00%	95.92%	-1,677.69%	166.63%	-4.60%	91.19%
Invested Capital Q/Q Growth	7.24%	5.46%	-36.16%	-5.15%	0.00%	4,690.48%	2.14%	218.33%	0.70%	2.26%	-3.63%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	88.68%	89.28%	73.89%	77.64%	92.58%	90.84%	85.01%	91.20%	91.58%	90.35%	91.82%
EBITDA Margin	65.55%	54.58%	-207.12%	-11.52%	76.88%	46.82%	62.88%	52.69%	66.12%	67.91%	70.06%
Operating Margin	34.84%	-8.50%	-310.05%	-66.11%	40.63%	33.70%	-5.11%	34.61%	52.33%	32.75%	28.41%
EBIT Margin	31.88%	13.33%	-291.58%	-70.10%	61.73%	22.26%	20.65%	28.10%	44.47%	33.98%	29.56%
Profit (Net Income) Margin	16.40%	3.63%	-254.73%	-101.87%	60.79%	21.41%	47.47%	19.23%	32.92%	22.54%	16.11%
Tax Burden Percent	61.49%	72.42%	81.89%	100.00%	100.00%	100.00%	240.87%	71.06%	75.47%	78.47%	77.47%
Interest Burden Percent	83.66%	37.62%	106.69%	145.33%	98.48%	96.20%	95.46%	96.29%	98.09%	84.54%	70.35%
Effective Tax Rate	38.15%	39.37%	0.00%	0.00%	0.00%	0.00%	-140.87%	28.94%	24.53%	21.53%	22.53%
Return on Invested Capital (ROIC)	10.12%	-2.20%	-71.73%	-16.53%	0.00%	20.99%	-2.65%	7.74%	30.28%	12.05%	10.97%
ROIC Less NNEP Spread (ROIC-NNEP)	2.38%	5.82%	-98.60%	-41.63%	0.00%	-90.59%	586.62%	-39.26%	392.86%	5.36%	3.36%
Return on Net Nonoperating Assets (RNNOA)	1.08%	5.10%	-85.31%	-157.63%	0.00%	-6.67%	13.10%	-1.46%	-5.39%	1.53%	2.12%
Return on Equity (ROE)	11.21%	2.91%	-157.04%	-174.16%	0.00%	14.32%	10.45%	6.28%	24.89%	13.57%	13.09%
Cash Return on Invested Capital (CROIC)	-16.69%	-46.71%	89.93%	-154.45%	0.00%	-179.01%	-4.11%	-123.22%	28.11%	-53.21%	-0.56%
Operating Return on Assets (OROA)	10.55%	4.19%	-52.26%	-11.44%	41.14%	11.56%	3.77%	6.60%	22.92%	10.71%	10.60%
Return on Assets (ROA)	5.43%	1.14%	-45.66%	-16.62%	40.51%	11.12%	8.67%	4.52%	16.97%	7.11%	5.78%
Return on Common Equity (ROCE)	11.21%	2.91%	-157.04%	-174.16%	0.00%	14.32%	10.45%	6.28%	24.89%	13.57%	13.09%
Return on Equity Simple (ROE_SIMPLE)	10.55%	2.74%	-356.03%	-1,043.75%	0.00%	7.16%	9.90%	3.84%	23.22%	12.69%	12.65%
Net Operating Profit after Tax (NOPAT)	91	-29	-635	-90	112	106	-27	229	1,497	894	1,146
NOPAT Margin	21.55%	-5.16%	-217.03%	-46.28%	40.63%	33.70%	-12.31%	24.59%	39.49%	25.70%	22.01%
Net Nonoperating Expense Percent (NNEP)	7.74%	-8.02%	26.86%	25.10%	0.00%	111.58%	-589.27%	47.00%	-362.58%	6.69%	7.61%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-58.11%	-9.00%	-	-	-	-	25.96%	8.15%	10.30%
Cost of Revenue to Revenue	11.32%	10.72%	26.11%	22.36%	7.42%	9.16%	14.99%	8.80%	8.42%	9.65%	8.18%
SG&A Expenses to Revenue	13.16%	14.60%	24.03%	39.46%	15.35%	12.66%	16.02%	7.89%	3.86%	4.84%	4.69%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	53.83%	97.78%	383.94%	143.75%	51.96%	57.14%	90.12%	56.59%	39.25%	57.60%	63.41%
Earnings before Interest and Taxes (EBIT)	134	74	-853	-137	171	70	45	261	1,686	1,182	1,539
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	277	305	-606	-22	213	147	137	490	2,507	2,363	3,648
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.00	1.71	6.91	2.81	0.00	0.39	0.29	0.25	0.76	0.96	0.67
Price to Tangible Book Value (P/TBV)	1.00	1.71	6.91	2.81	0.00	0.39	0.29	0.25	0.76	0.96	0.67
Price to Revenue (P/Rev)	1.56	2.27	4.95	0.27	1.17	1.17	1.40	1.26	1.08	1.70	0.85
Price to Earnings (P/E)	9.50	62.46	0.00	0.00	1.92	5.46	2.96	6.57	3.27	7.54	5.28
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.05%	4.85%	3.17%	9.74%
Earnings Yield	10.53%	1.60%	0.00%	0.00%	52.12%	18.33%	33.83%	15.22%	30.58%	13.27%	18.95%
Enterprise Value to Invested Capital (EV/IC)	1.00	1.33	13.61	1.04	0.00	0.43	0.28	0.29	0.74	0.97	0.80
Enterprise Value to Revenue (EV/Rev)	2.42	3.81	7.89	4.91	1.17	1.39	1.29	1.52	0.98	2.75	1.70
Enterprise Value to EBITDA (EV/EBITDA)	3.69	6.98	0.00	0.00	1.52	2.97	2.05	2.88	1.48	4.05	2.42
Enterprise Value to EBIT (EV/EBIT)	7.58	28.58	0.00	0.00	1.89	6.24	6.25	5.40	2.20	8.10	5.75
Enterprise Value to NOPAT (EV/NOPAT)	11.21	0.00	0.00	0.00	2.87	4.12	0.00	6.17	2.48	10.71	7.72
Enterprise Value to Operating Cash Flow (EV/OCF)	3.32	6.26	10.22	65.81	2.77	1.94	1.77	5.14	1.50	4.28	3.09
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	2.90	0.00	0.00	0.00	0.00	0.00	2.67	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.83	1.17	4.22	51.70	0.00	0.09	0.00	0.11	0.07	0.77	0.68
Long-Term Debt to Equity	0.81	1.15	4.16	0.00	0.00	0.09	0.00	0.11	0.07	0.77	0.68
Financial Leverage	0.45	0.88	0.87	3.79	0.00	0.07	0.02	0.04	-0.01	0.28	0.63
Leverage Ratio	2.06	2.54	3.44	10.48	1.21	1.29	1.21	1.39	1.47	1.91	2.27
Compound Leverage Factor	1.73	0.96	3.67	15.23	1.19	1.24	1.15	1.34	1.44	1.61	1.59
Debt to Total Capital	45.28%	53.86%	80.84%	98.10%	0.00%	7.87%	0.00%	9.55%	6.82%	43.64%	40.40%
Short-Term Debt to Total Capital	1.00%	0.75%	1.10%	98.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	44.28%	53.11%	79.74%	0.00%	0.00%	7.87%	0.00%	9.55%	6.82%	43.64%	40.40%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	54.72%	46.14%	19.16%	1.90%	0.00%	92.13%	100.00%	90.45%	93.18%	56.36%	59.60%
Debt to EBITDA	1.96	2.83	-1.46	-43.80	0.00	0.55	0.00	1.00	0.16	2.03	1.23
Net Debt to EBITDA	1.31	2.82	-1.42	-40.22	0.00	0.47	0.00	0.48	-0.15	1.55	1.21
Long-Term Debt to EBITDA	1.92	2.79	-1.44	0.00	0.00	0.55	0.00	1.00	0.16	2.03	1.23
Debt to NOPAT	5.97	-29.99	-1.39	-10.90	0.00	0.76	0.00	2.15	0.26	5.35	3.92
Net Debt to NOPAT	3.99	-29.90	-1.36	-10.01	0.00	0.65	0.00	1.04	-0.25	4.09	3.85
Long-Term Debt to NOPAT	5.84	-29.57	-1.37	0.00	0.00	0.76	0.00	2.15	0.26	5.35	3.92
Altman Z-Score	1.19	1.11	-1.85	-2.19	0.00	1.54	2.06	0.63	2.34	1.12	1.05
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.51	1.05	0.88	0.11	0.00	1.06	1.24	0.64	1.13	1.16	0.45
Quick Ratio	1.36	0.29	0.34	0.09	0.00	0.52	0.77	0.55	0.94	0.88	0.33
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-150	-612	796	-845	0.00	-900	-42	-3,643	1,390	-3,949	-58
Operating Cash Flow to CapEx	69.46%	41.09%	50.78%	27.59%	43.59%	87.44%	248.90%	184.16%	2,588.96%	3,476.39%	0.00%
Free Cash Flow to Firm to Interest Expense	-6.82	-13.17	13.96	-13.61	0.00	-339.67	-20.38	-375.55	43.18	-21.61	-0.13
Operating Cash Flow to Interest Expense	13.97	7.32	3.96	0.23	44.79	84.77	77.65	28.31	76.93	12.25	6.28
Operating Cash Flow Less CapEx to Interest Expense	-6.14	-10.49	-3.84	-0.62	-57.98	-12.18	46.45	12.94	73.96	11.90	6.63
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.33	0.31	0.18	0.16	0.67	0.52	0.18	0.23	0.52	0.32	0.36
Accounts Receivable Turnover	8.78	9.97	7.33	9.81	0.00	0.00	5.71	4.71	10.74	8.19	9.04
Inventory Turnover	7.68	4.60	6.39	6.60	0.00	0.00	3.87	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.38	0.37	0.33	0.38	0.00	0.00	0.21	0.27	0.60	0.38	0.41
Accounts Payable Turnover	0.49	0.45	0.63	0.55	0.00	0.00	0.94	0.63	1.18	0.78	0.76
Days Sales Outstanding (DSO)	41.57	36.61	49.82	37.19	0.00	0.00	63.92	77.45	33.97	44.56	40.39
Days Inventory Outstanding (DIO)	47.51	79.39	57.08	55.28	0.00	0.00	94.39	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	743.11	815.08	578.38	658.97	0.00	0.00	389.20	575.30	309.38	468.04	482.96
Cash Conversion Cycle (CCC)	-654.03	-699.08	-471.49	-566.50	0.00	0.00	-230.89	-497.85	-275.41	-423.48	-442.58
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,018	1,601	170	924	0.00	1,006	1,021	4,892	4,999	9,842	11,046
Invested Capital Turnover	0.47	0.43	0.33	0.36	0.00	0.62	0.22	0.31	0.77	0.47	0.50
Increase / (Decrease) in Invested Capital	241	583	-1,432	754	0.00	1,006	15	3,872	107	4,843	1,204
Enterprise Value (EV)	1,019	2,128	2,310	958	323	435	281	1,413	3,707	9,573	8,845
Market Capitalization	657	1,267	1,448	54	323	366	306	1,175	4,082	5,912	4,427
Book Value per Share	$16.29	$17.95	$4.21	$0.38	$0.00	$45.39	$50.17	$150.84	$63.14	$65.92	$68.68
Tangible Book Value per Share	$16.29	$17.95	$4.21	$0.38	$0.00	$45.39	$50.17	$150.84	$63.14	$65.92	$68.68
Total Capital	1,199	1,604	1,093	1,004	0.00	1,017	1,045	5,147	5,767	10,967	11,122
Total Debt	543	864	884	985	0.00	80	0.00	492	393	4,786	4,494
Total Long-Term Debt	531	852	872	0.00	0.00	80	0.00	492	393	4,786	4,494
Net Debt	362	861	862	905	0.00	69	-25	237	-375	3,661	4,418
Capital Expenditures (CapEx)	442	827	445	53	268	257	64	149	96	64	-161
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-80	19	-25	-53	0.00	-5.23	-6.82	-654	-618	-832	-1,293
Debt-free Net Working Capital (DFNWC)	101	22	-3.90	27	0.00	5.78	18	-400	151	293	-1,217
Net Working Capital (NWC)	89	10	-16	-958	0.00	5.78	18	-400	151	293	-1,217
Net Nonoperating Expense (NNE)	22	-49	110	109	-56	38	-130	50	249	110	307
Net Nonoperating Obligations (NNO)	362	861	-40	905	0.00	69	-25	237	-375	3,661	4,418
Total Depreciation and Amortization (D&A)	142	230	247	114	42	77	92	229	821	1,180	2,109
Debt-free, Cash-free Net Working Capital to Revenue	-18.88%	3.48%	-8.62%	-27.26%	0.00%	-1.67%	-3.13%	-70.28%	-16.29%	-23.92%	-24.83%
Debt-free Net Working Capital to Revenue	23.93%	3.94%	-1.33%	13.99%	0.00%	1.84%	8.22%	-42.94%	3.97%	8.41%	-23.37%
Net Working Capital to Revenue	21.08%	1.80%	-5.43%	-490.56%	0.00%	1.84%	8.22%	-42.94%	3.97%	8.41%	-23.37%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.72	$0.50	($15.57)	($4.04)	$8.20	$0.00	$4.98	$4.82	$14.68	$9.09	$8.48
Adjusted Weighted Average Basic Shares Outstanding	39.34M	40.14M	47.87M	49.27M	20.51M	0.00	20.77M	37.16M	85.01M	86.24M	98.87M
Adjusted Diluted Earnings per Share	$1.71	$0.49	($15.57)	($4.04)	$8.16	$0.00	$4.95	$4.74	$14.58	$9.02	$8.46
Adjusted Weighted Average Diluted Shares Outstanding	39.40M	40.29M	47.87M	49.27M	20.60M	0.00	20.91M	37.75M	85.60M	86.99M	99.18M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	40.27M	49.34M	49.74M	49.68M	20.56M	0.00	20.84M	84.94M	80.21M	101.02M	93.02M
Normalized Net Operating Profit after Tax (NOPAT)	91	73	-93	-66	82	82	23	301	1,530	960	1,170
Normalized NOPAT Margin	21.55%	13.03%	-31.91%	-33.84%	29.77%	26.09%	10.55%	32.29%	40.34%	27.60%	22.48%
Pre Tax Income Margin	26.67%	5.01%	-311.07%	-101.87%	60.79%	21.41%	19.71%	27.06%	43.62%	28.73%	20.79%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	6.12	1.60	-14.96	-2.21	65.61	26.31	22.02	26.96	52.36	6.47	3.37
NOPAT to Interest Expense	4.14	-0.62	-11.13	-1.46	43.18	39.83	-13.13	23.59	46.50	4.89	2.51
EBIT Less CapEx to Interest Expense	-13.99	-16.21	-22.76	-3.06	-37.16	-70.64	-9.18	11.58	49.39	6.12	3.73
NOPAT Less CapEx to Interest Expense	-15.98	-18.43	-18.94	-2.31	-59.59	-57.12	-44.32	8.22	43.53	4.54	2.87
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	33.97%	43.02%	84.19%	58.88%
Augmented Payout Ratio	0.00%	0.00%	-0.89%	0.00%	0.00%	0.00%	0.00%	33.97%	43.02%	125.05%	109.83%

This table displays calculated financial ratios and metrics derived from Civitas Resources' official financial filings.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-19.78%	-42.63%	2.77%	38.38%	102.62%	98.73%	22.79%	14.74%	-10.16%	-19.50%	-8.18%
EBITDA Growth	54.01%	-48.94%	-25.31%	48.42%	67.52%	118.61%	83.32%	-1.94%	0.38%	-16.09%	-18.10%
EBIT Growth	121.66%	-69.43%	-55.27%	22.46%	16.59%	106.79%	106.19%	-33.13%	10.28%	-30.65%	-30.04%
NOPAT Growth	-43.05%	-74.15%	-20.94%	1.64%	95.13%	116.96%	-15.74%	-11.13%	-33.40%	-55.95%	-21.57%
Net Income Growth	120.93%	-70.29%	-65.58%	7.45%	-13.16%	55.07%	111.78%	-50.11%	5.68%	-42.59%	-40.20%
EPS Growth	129.91%	-68.61%	-67.09%	-0.30%	-29.27%	25.00%	92.95%	-52.44%	14.37%	-37.67%	-33.89%
Operating Cash Flow Growth	1.18%	-53.31%	-26.83%	64.63%	50.79%	6.64%	60.73%	1.77%	-11.56%	-16.99%	2.99%
Free Cash Flow Firm Growth	105.99%	89.15%	-43.41%	-2,952.16%	-2,721.54%	-1,735.10%	63.80%	78.94%	90.86%	89.48%	93.74%
Invested Capital Growth	-0.72%	9.03%	93.89%	96.88%	123.12%	111.11%	19.09%	12.23%	6.90%	6.41%	2.66%
Revenue Q/Q Growth	-19.43%	0.69%	56.83%	8.77%	17.97%	-1.24%	-3.10%	1.64%	-7.65%	-11.47%	10.50%
EBITDA Q/Q Growth	-20.30%	-10.70%	33.62%	56.08%	-10.05%	16.53%	12.05%	-16.51%	-7.91%	-2.62%	9.34%
EBIT Q/Q Growth	-28.19%	-30.04%	27.77%	90.77%	-31.63%	24.09%	27.39%	-38.13%	12.88%	-22.03%	28.26%
NOPAT Q/Q Growth	-31.73%	-25.39%	129.78%	-13.15%	31.05%	-17.04%	-10.77%	-8.39%	-1.73%	-45.14%	58.70%
Net Income Q/Q Growth	-28.17%	-31.20%	0.28%	116.84%	-41.95%	22.85%	36.95%	-48.92%	23.09%	-33.33%	42.74%
EPS Q/Q Growth	-25.23%	-30.08%	-9.30%	110.26%	-46.95%	23.56%	40.00%	-48.17%	27.56%	-32.66%	48.51%
Operating Cash Flow Q/Q Growth	5.21%	-37.43%	54.08%	62.29%	-3.63%	-55.75%	132.23%	2.76%	-16.21%	-58.55%	188.59%
Free Cash Flow Firm Q/Q Growth	36.26%	-242.13%	-1,300.85%	-5.14%	-25.24%	0.51%	72.36%	38.84%	45.65%	-14.50%	83.55%
Invested Capital Q/Q Growth	-1.20%	9.17%	78.50%	2.26%	11.97%	3.30%	0.70%	-3.63%	6.65%	2.82%	-2.85%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	88.20%	88.16%	91.39%	91.93%	92.29%	91.89%	91.54%	91.55%	91.54%	91.01%	91.44%
EBITDA Margin	72.78%	64.55%	54.99%	78.91%	60.17%	71.00%	82.10%	67.44%	67.25%	73.98%	73.20%
Operating Margin	36.75%	27.17%	36.61%	30.16%	32.11%	29.47%	27.25%	24.68%	26.38%	16.08%	23.37%
EBIT Margin	41.92%	29.13%	23.73%	41.62%	24.12%	30.31%	39.85%	24.26%	29.65%	26.11%	30.31%
Profit (Net Income) Margin	30.86%	21.09%	13.48%	26.88%	13.23%	16.45%	23.25%	11.69%	15.58%	11.73%	15.15%
Tax Burden Percent	75.67%	75.84%	82.47%	79.93%	83.39%	76.33%	76.02%	75.65%	75.30%	76.54%	75.64%
Interest Burden Percent	97.29%	95.45%	68.89%	80.79%	65.76%	71.12%	76.77%	63.70%	69.77%	58.70%	66.10%
Effective Tax Rate	24.33%	24.16%	17.53%	20.07%	16.61%	23.67%	23.98%	24.35%	24.70%	23.46%	24.36%
Return on Invested Capital (ROIC)	20.36%	12.51%	13.11%	11.30%	13.93%	12.88%	9.90%	9.31%	8.84%	5.05%	7.17%
ROIC Less NNEP Spread (ROIC-NNEP)	43.22%	14.65%	2.67%	13.20%	5.40%	9.80%	10.67%	7.07%	7.76%	4.93%	6.57%
Return on Net Nonoperating Assets (RNNOA)	0.78%	0.44%	0.78%	3.76%	1.94%	4.33%	7.06%	4.46%	5.50%	3.72%	4.86%
Return on Equity (ROE)	21.14%	12.95%	13.89%	15.06%	15.88%	17.22%	16.97%	13.77%	14.34%	8.77%	12.03%
Cash Return on Invested Capital (CROIC)	28.39%	10.35%	-51.75%	-53.21%	-62.86%	-56.80%	-6.26%	-0.56%	2.43%	1.22%	4.39%
Operating Return on Assets (OROA)	20.69%	10.40%	7.32%	13.12%	8.80%	11.55%	14.42%	8.70%	9.89%	8.26%	9.48%
Return on Assets (ROA)	15.23%	7.53%	4.16%	8.48%	4.83%	6.27%	8.42%	4.19%	5.20%	3.71%	4.74%
Return on Common Equity (ROCE)	21.14%	12.95%	13.89%	15.06%	15.88%	17.22%	16.97%	13.77%	14.34%	8.77%	12.03%
Return on Equity Simple (ROE_SIMPLE)	26.64%	20.40%	12.68%	0.00%	11.42%	12.67%	14.85%	0.00%	12.66%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	182	136	313	272	356	295	263	241	237	130	207
NOPAT Margin	27.81%	20.60%	30.19%	24.10%	26.78%	22.49%	20.71%	18.67%	19.87%	12.31%	17.68%
Net Nonoperating Expense Percent (NNEP)	-22.87%	-2.13%	10.44%	-1.90%	8.53%	3.08%	-0.77%	2.23%	1.08%	0.12%	0.60%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	2.48%	-	-	-	2.17%	2.01%	1.07%	1.75%
Cost of Revenue to Revenue	11.80%	11.84%	8.61%	8.07%	7.71%	8.11%	8.46%	8.45%	8.46%	8.99%	8.56%
SG&A Expenses to Revenue	5.64%	5.26%	3.87%	5.03%	4.92%	4.62%	4.63%	4.60%	5.11%	5.20%	4.71%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	51.45%	61.00%	54.78%	61.78%	60.18%	62.42%	64.29%	66.87%	65.16%	74.93%	68.07%
Earnings before Interest and Taxes (EBIT)	275	192	246	469	321	398	507	314	354	276	354
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	477	426	570	889	800	932	1,044	872	803	782	855
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.96	1.01	1.15	0.96	1.05	1.05	0.75	0.67	0.48	0.38	0.45
Price to Tangible Book Value (P/TBV)	0.96	1.01	1.15	0.96	1.05	1.05	0.75	0.67	0.48	0.38	0.45
Price to Revenue (P/Rev)	1.34	1.63	2.18	1.70	1.68	1.44	0.99	0.85	0.64	0.53	0.64
Price to Earnings (P/E)	3.59	4.97	9.04	7.54	9.19	8.28	5.03	5.28	3.82	3.37	4.72
Dividend Yield	3.89%	3.09%	2.72%	3.17%	3.30%	5.00%	8.82%	9.74%	11.52%	10.97%	6.15%
Earnings Yield	27.87%	20.12%	11.07%	13.27%	10.88%	12.08%	19.88%	18.95%	26.15%	29.70%	21.18%
Enterprise Value to Invested Capital (EV/IC)	0.95	1.01	1.09	0.97	1.03	1.03	0.85	0.80	0.71	0.65	0.69
Enterprise Value to Revenue (EV/Rev)	1.30	1.74	3.32	2.75	2.73	2.44	1.94	1.70	1.64	1.63	1.72
Enterprise Value to EBITDA (EV/EBITDA)	1.76	2.41	5.07	4.05	4.23	3.67	2.67	2.42	2.28	2.25	2.44
Enterprise Value to EBIT (EV/EBIT)	2.57	3.90	9.58	8.10	9.24	8.17	5.77	5.75	5.29	5.43	6.24
Enterprise Value to NOPAT (EV/NOPAT)	3.44	5.57	11.86	10.71	10.66	9.54	8.30	7.72	8.02	9.02	9.93
Enterprise Value to Operating Cash Flow (EV/OCF)	1.90	2.60	5.51	4.28	4.52	4.62	3.43	3.09	3.00	2.90	2.96
Enterprise Value to Free Cash Flow (EV/FCFF)	3.35	10.21	0.00	0.00	0.00	0.00	0.00	0.00	30.05	54.92	15.86
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.08	0.60	0.61	0.77	0.67	0.74	0.73	0.68	0.76	0.79	0.77
Long-Term Debt to Equity	0.08	0.60	0.61	0.77	0.67	0.74	0.73	0.68	0.76	0.79	0.77
Financial Leverage	0.02	0.03	0.29	0.28	0.36	0.44	0.66	0.63	0.71	0.76	0.74
Leverage Ratio	1.51	1.75	1.82	1.91	1.94	2.17	2.19	2.27	2.28	2.28	2.26
Compound Leverage Factor	1.47	1.67	1.25	1.54	1.28	1.54	1.68	1.44	1.59	1.34	1.49
Debt to Total Capital	7.16%	37.66%	38.06%	43.64%	40.08%	42.61%	42.06%	40.40%	43.18%	44.23%	43.46%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	7.16%	37.66%	38.06%	43.64%	40.08%	42.61%	42.06%	40.40%	43.18%	44.23%	43.46%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	92.84%	62.34%	61.94%	56.36%	59.92%	57.39%	57.94%	59.60%	56.82%	55.77%	56.54%
Debt to EBITDA	0.15	1.35	1.79	2.03	1.65	1.53	1.32	1.23	1.40	1.54	1.55
Net Debt to EBITDA	-0.06	0.15	1.74	1.55	1.63	1.50	1.31	1.21	1.39	1.52	1.53
Long-Term Debt to EBITDA	0.15	1.35	1.79	2.03	1.65	1.53	1.32	1.23	1.40	1.54	1.55
Debt to NOPAT	0.29	3.11	4.18	5.35	4.17	3.98	4.11	3.92	4.91	6.18	6.30
Net Debt to NOPAT	-0.12	0.35	4.07	4.09	4.12	3.91	4.07	3.85	4.89	6.10	6.23
Long-Term Debt to NOPAT	0.29	3.11	4.18	5.35	4.17	3.98	4.11	3.92	4.91	6.18	6.30
Altman Z-Score	1.92	1.38	0.93	0.95	0.82	0.91	0.84	0.78	0.72	0.66	0.73
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.90	2.80	0.47	1.16	0.37	0.42	0.45	0.45	0.52	0.62	0.56
Quick Ratio	0.74	2.38	0.33	0.88	0.25	0.28	0.28	0.33	0.33	0.39	0.34
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	218	-310	-4,348	-4,571	-5,725	-5,696	-1,574	-963	-523	-599	-99
Operating Cash Flow to CapEx	191.62%	116.68%	190.38%	0.00%	142.16%	67.45%	151.34%	0.00%	146.14%	60.94%	170.30%
Free Cash Flow to Firm to Interest Expense	29.32	-35.46	-56.86	-50.75	-52.15	-49.58	-13.37	-8.46	-4.89	-5.26	-0.82
Operating Cash Flow to Interest Expense	72.34	38.52	6.79	9.36	7.40	3.13	7.09	7.54	6.72	2.61	7.17
Operating Cash Flow Less CapEx to Interest Expense	34.59	5.51	3.23	17.00	2.20	-1.51	2.41	21.67	2.12	-1.68	2.96
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.49	0.36	0.31	0.32	0.36	0.38	0.36	0.36	0.33	0.32	0.31
Accounts Receivable Turnover	11.47	9.90	6.95	8.19	10.07	12.63	8.98	9.04	8.63	8.40	8.79
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.56	0.48	0.35	0.38	0.40	0.47	0.39	0.41	0.36	0.34	0.34
Accounts Payable Turnover	1.22	1.21	0.70	0.78	0.78	0.86	0.66	0.76	0.67	0.64	0.67
Days Sales Outstanding (DSO)	31.82	36.86	52.50	44.56	36.23	28.91	40.63	40.39	42.28	43.46	41.52
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	299.88	300.67	520.54	468.04	467.05	425.15	551.65	482.96	541.34	569.38	545.33
Cash Conversion Cycle (CCC)	-268.06	-263.81	-468.04	-423.48	-430.81	-396.25	-511.02	-442.58	-499.06	-525.93	-503.80
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,939	5,392	9,625	9,842	11,020	11,384	11,463	11,046	11,781	12,113	11,768
Invested Capital Turnover	0.73	0.61	0.43	0.47	0.52	0.57	0.48	0.50	0.44	0.41	0.41
Increase / (Decrease) in Invested Capital	-36	446	4,661	4,843	6,081	5,991	1,838	1,204	761	729	305
Enterprise Value (EV)	4,714	5,462	10,502	9,573	11,351	11,704	9,778	8,845	8,321	7,867	8,094
Market Capitalization	4,876	5,116	6,898	5,912	6,965	6,906	4,983	4,427	3,245	2,548	3,011
Book Value per Share	$63.61	$62.74	$64.21	$65.92	$65.99	$65.80	$67.80	$68.68	$72.08	$73.39	$72.15
Tangible Book Value per Share	$63.61	$62.74	$64.21	$65.92	$65.99	$65.80	$67.80	$68.68	$72.08	$73.39	$72.15
Total Capital	5,495	8,095	9,721	10,967	11,073	11,476	11,510	11,122	11,801	12,182	11,824
Total Debt	394	3,049	3,700	4,786	4,438	4,890	4,842	4,494	5,096	5,388	5,139
Total Long-Term Debt	394	3,049	3,700	4,786	4,438	4,890	4,842	4,494	5,096	5,388	5,139
Net Debt	-162	346	3,605	3,661	4,386	4,798	4,794	4,418	5,076	5,319	5,083
Capital Expenditures (CapEx)	281	289	273	-688	572	533	552	-1,609	492	489	505
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-658	-511	-1,166	-832	-1,677	-1,428	-1,202	-1,293	-880	-702	-806
Debt-free Net Working Capital (DFNWC)	-102	2,192	-1,071	293	-1,625	-1,336	-1,154	-1,217	-860	-633	-750
Net Working Capital (NWC)	-102	2,192	-1,071	293	-1,625	-1,336	-1,154	-1,217	-860	-633	-750
Net Nonoperating Expense (NNE)	-20	-3.19	173	-31	180	79	-32	90	51	6.12	30
Net Nonoperating Obligations (NNO)	-162	346	3,605	3,661	4,386	4,798	4,794	4,418	5,076	5,319	5,083
Total Depreciation and Amortization (D&A)	202	234	324	420	479	534	537	558	449	506	501
Debt-free, Cash-free Net Working Capital to Revenue	-18.13%	-16.27%	-36.82%	-23.92%	-40.38%	-29.72%	-23.84%	-24.83%	-17.35%	-14.58%	-17.11%
Debt-free Net Working Capital to Revenue	-2.80%	69.84%	-33.81%	8.41%	-39.13%	-27.81%	-22.90%	-23.37%	-16.96%	-13.14%	-15.92%
Net Working Capital to Revenue	-2.80%	69.84%	-33.81%	8.41%	-39.13%	-27.81%	-22.90%	-23.37%	-16.96%	-13.14%	-15.92%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.48	$1.73	$1.57	$3.31	$1.75	$2.17	$3.02	$1.54	$1.99	$1.34	$1.99
Adjusted Weighted Average Basic Shares Outstanding	81.72M	80.39M	88.91M	86.24M	100.55M	99.43M	97.91M	98.87M	93.47M	92.59M	88.86M
Adjusted Diluted Earnings per Share	$2.46	$1.72	$1.56	$3.28	$1.74	$2.15	$3.01	$1.56	$1.99	$1.34	$1.99
Adjusted Weighted Average Diluted Shares Outstanding	82.43M	81.14M	89.63M	86.99M	101.29M	100.25M	98.22M	99.18M	93.62M	92.67M	88.96M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	80.44M	93.76M	93.77M	101.02M	100.09M	98.35M	96.51M	93.02M	92.58M	92.66M	85.30M
Normalized Net Operating Profit after Tax (NOPAT)	183	160	336	291	375	301	264	242	242	130	208
Normalized NOPAT Margin	27.86%	24.18%	32.45%	25.82%	28.20%	22.95%	20.72%	18.71%	20.24%	12.31%	17.81%
Pre Tax Income Margin	40.78%	27.80%	16.35%	33.63%	15.86%	21.56%	30.59%	15.45%	20.69%	15.33%	20.03%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	36.92	21.98	3.21	5.21	2.92	3.46	4.30	2.75	3.31	2.42	2.95
NOPAT to Interest Expense	24.49	15.55	4.09	3.02	3.24	2.57	2.24	2.12	2.22	1.14	1.72
EBIT Less CapEx to Interest Expense	-0.83	-11.03	-0.35	12.85	-2.29	-1.18	-0.38	16.89	-1.29	-1.87	-1.26
NOPAT Less CapEx to Interest Expense	-13.26	-17.47	0.52	10.66	-1.96	-2.07	-2.45	16.25	-2.38	-3.15	-2.49
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	44.65%	64.57%	88.74%	84.19%	83.86%	73.13%	60.12%	58.88%	46.64%	38.83%	29.61%
Augmented Payout Ratio	66.73%	95.69%	130.72%	125.05%	95.38%	96.14%	87.37%	109.83%	97.46%	79.44%	104.77%

Financials Breakdown Chart

Civitas Resources Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Civitas Resources' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

Civitas Resources' net income appears to be on an upward trend, with a most recent value of $838.72 million in 2024, rising from $69.18 million in 2013. The previous period was $784.29 million in 2023. See Civitas Resources' forecast for analyst expectations on what's next for the company.

Civitas Resources' total operating income in 2024 was $1.48 billion, based on the following breakdown:

Total Gross Profit: $4.78 billion
Total Operating Expenses: $3.30 billion

Over the last 10 years, Civitas Resources' total revenue changed from $421.86 million in 2013 to $5.21 billion in 2024, a change of 1,134.3%.

Civitas Resources' total liabilities were at $8.32 billion at the end of 2024, a 5.0% increase from 2023, and a 834.4% increase since 2013.

In the past 10 years, Civitas Resources' cash and equivalents has ranged from $2.58 million in 2014 to $1.12 billion in 2023, and is currently $76 million as of their latest financial filing in 2024.

Over the last 10 years, Civitas Resources' book value per share changed from 16.29 in 2013 to 68.68 in 2024, a change of 321.7%.

Related Companies

Financial statements for NYSE:CIVI last updated on 11/24/2025 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Civitas Resources (CIVI) Financials

Financials Breakdown Chart

Civitas Resources Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Civitas Resources (CIVI) Financials

Annual Income Statements for Civitas Resources

Quarterly Income Statements for Civitas Resources

Annual Cash Flow Statements for Civitas Resources

Quarterly Cash Flow Statements for Civitas Resources

Annual Balance Sheets for Civitas Resources

Quarterly Balance Sheets for Civitas Resources

Annual Metrics And Ratios for Civitas Resources

Quarterly Metrics And Ratios for Civitas Resources

Financials Breakdown Chart

Civitas Resources Financials - Frequently Asked Questions

When does Civitas Resources' fiscal year end?

How has Civitas Resources' net income changed over the last 10 years?

What is Civitas Resources' operating income?

How has Civitas Resources' revenue changed over the last 10 years?

How much debt does Civitas Resources have?

How much cash does Civitas Resources have?

How has Civitas Resources' book value per share changed over the last 10 years?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools