NYSE : CTRA
Coterra Energy Inc. — Financial statements
Energy · Oil & Gas Exploration & Production · United States
Last price 32.56 USD (At close: May 6, 2026) · Market cap 24.72B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Coterra Energy Inc. (CTRA) reported revenue of 7.35B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 7.23B | 6.87B | 5.17B | 5.60B | 9.45B | 3.66B |
| Other Revenue | 125.00M | 118.00M | 77.00M | 81.00M | 65.00M | 13.00M |
| Revenue | 7.35B | 6.99B | 5.24B | 5.68B | 9.51B | 3.67B |
| Cost of Revenue | 1.86B | 1.81B | 1.42B | 1.54B | 1.42B | 819.00M |
| Gross Profit | 5.49B | 5.18B | 3.83B | 4.15B | 8.10B | 2.85B |
| Selling, General & Admin | 295.00M | 308.00M | 302.00M | 291.00M | 396.00M | 270.00M |
| Other Operating Expenses | 342.00M | 15.00M | 274.00M | 53.00M | 829.00M | 304.00M |
| Operating Expenses | 3.08B | 2.72B | 2.44B | 2.00B | 2.89B | 1.28B |
| Operating Income | 2.41B | 2.46B | 1.39B | 2.14B | 5.21B | 1.57B |
| Interest Expense | -219.00M | -226.00M | -127.00M | -94.00M | -117.00M | -62.00M |
| Interest & Investment Income | 9.00M | 14.00M | 62.00M | 47.00M | 10.00M | |
| Other Non Operating Income (Expenses) | 23.00M | 23.00M | 21.00M | 21.00M | 39.00M | |
| EBT Excluding Unusual Items | 2.22B | 2.27B | 1.34B | 2.12B | 5.14B | 1.50B |
| Merger & Restructuring Charges | -15.00M | -15.00M | ||||
| Gain (Loss) on Sale of Assets | 2.00M | 5.00M | 3.00M | 12.00M | -1.00M | -2.00M |
| Other Unusual Items | 28.00M | |||||
| Pretax Income | 2.21B | 2.26B | 1.34B | 2.13B | 5.17B | 1.50B |
| Income Tax Expense | 542.00M | 546.00M | 224.00M | 503.00M | 1.10B | 344.00M |
| Net Income | 1.67B | 1.72B | 1.12B | 1.62B | 4.07B | 1.16B |
| Preferred Dividends & Other Adjustments | 1.00M | 1.00M | 1.00M | 5.00M | 8.00M | 3.00M |
| Net Income to Common | 1.67B | 1.72B | 1.12B | 1.62B | 4.06B | 1.16B |
| Shares Outstanding (Basic) | 761.75M | 761.00M | 742.00M | 756.00M | 796.00M | 503.00M |
| Shares Outstanding (Diluted) | 764.50M | 764.00M | 745.00M | 760.00M | 799.00M | 504.00M |
| EPS (Basic) | 2.19 | 2.25 | 1.51 | 2.14 | 5.10 | 2.30 |
| EPS (Diluted) | 2.17 | 2.24 | 1.50 | 2.13 | 5.08 | 2.29 |
| Free Cash Flow | 1.98B | 1.63B | 1.02B | 1.56B | 3.75B | 939.00M |
| Free Cash Flow Per Share | 2.58 | 2.14 | 1.37 | 2.05 | 4.69 | 1.86 |
| Dividend Per Share | 0.88 | 0.88 | 0.84 | 1.17 | 2.49 | 0.62 |
| Gross Margin | 74.63% | 74.12% | 72.98% | 72.96% | 85.13% | 77.68% |
| Operating Margin | 32.77% | 35.22% | 26.43% | 37.69% | 54.76% | 42.67% |
| Profit Margin | 22.66% | 24.55% | 21.36% | 28.50% | 42.64% | 31.47% |
| Free Cash Flow Margin | 26.86% | 23.37% | 19.53% | 27.43% | 39.37% | 25.59% |
| EBITDA | 4.83B | 4.83B | 3.23B | 3.78B | 6.84B | 2.26B |
| EBITDA Margin | 65.67% | 69.12% | 61.52% | 66.55% | 71.95% | 61.55% |
| D&A For EBITDA | 2.42B | 2.37B | 1.84B | 1.64B | 1.64B | 693.00M |
| EBIT | 2.41B | 2.46B | 1.39B | 2.14B | 5.21B | 1.57B |
| EBIT Margin | 32.77% | 35.22% | 26.43% | 37.69% | 54.76% | 42.67% |
| Effective Tax Rate | 24.54% | 24.13% | 16.65% | 23.64% | 21.36% | 22.90% |
| Revenue as Reported | 7.69B | 7.64B | 5.46B | 5.91B | 9.05B | 3.45B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 485.00M | 114.00M | 2.04B | 956.00M | 673.00M | 1.04B |
| Cash & Short-Term Investments | 485.00M | 114.00M | 2.04B | 956.00M | 673.00M | 1.04B |
| Accounts Receivable | 1.00B | 965.00M | 818.00M | 721.00M | 1.06B | 920.00M |
| Other Receivables | 316.00M | 444.00M | 153.00M | 173.00M | 245.00M | 117.00M |
| Receivables | 1.32B | 1.41B | 971.00M | 894.00M | 1.31B | 1.04B |
| Inventory | 38.00M | 48.00M | 46.00M | 59.00M | 63.00M | 39.00M |
| Prepaid Expenses | 9.00M | 10.00M | 14.00M | 11.00M | ||
| Restricted Cash | 5.00M | 5.00M | 239.00M | 9.00M | 10.00M | 10.00M |
| Other Current Assets | 115.00M | 263.00M | 13.00M | 86.00M | 155.00M | 14.00M |
| Total Current Assets | 1.97B | 1.85B | 3.32B | 2.02B | 2.21B | 2.14B |
| Property, Plant & Equipment | 22.34B | 22.24B | 18.14B | 18.27B | 17.86B | 17.69B |
| Long-Term Deferred Charges | 8.00M | 8.00M | 10.00M | 8.00M | 3.00M | 5.00M |
| Other Long-Term Assets | 306.00M | 144.00M | 153.00M | 122.00M | 79.00M | 67.00M |
| Total Assets | 24.63B | 24.24B | 21.62B | 20.41B | 20.15B | 19.90B |
| Accounts Payable | 1.32B | 1.06B | 833.00M | 803.00M | 844.00M | 747.00M |
| Accrued Expenses | 96.00M | 181.00M | 151.00M | 125.00M | 190.00M | 159.00M |
| Current Portion of Long-Term Debt | 250.00M | 250.00M | 575.00M | |||
| Current Portion of Leases | 57.00M | 68.00M | 122.00M | 122.00M | 120.00M | 83.00M |
| Current Income Taxes Payable | 29.00M | |||||
| Other Current Liabilities | 239.00M | 2.00M | 30.00M | 35.00M | 39.00M | 202.00M |
| Total Current Liabilities | 1.96B | 1.56B | 1.14B | 1.66B | 1.19B | 1.22B |
| Long-Term Debt | 3.26B | 3.57B | 3.54B | 1.59B | 2.18B | 3.12B |
| Long-Term Leases | 115.00M | 120.00M | 145.00M | 243.00M | 298.00M | 255.00M |
| Pension & Post-Retirement Benefits | 9.00M | 10.00M | 16.00M | 17.00M | 17.00M | 33.00M |
| Long-Term Deferred Tax Liabilities | 3.72B | 3.70B | 3.27B | 3.41B | 3.34B | 3.10B |
| Other Long-Term Liabilities | 446.00M | 437.00M | 389.00M | 449.00M | 456.00M | 378.00M |
| Total Liabilities | 9.51B | 9.39B | 8.49B | 7.37B | 7.48B | 8.11B |
| Common Stock | 76.00M | 76.00M | 74.00M | 75.00M | 77.00M | 89.00M |
| Additional Paid-In Capital | 7.82B | 7.85B | 7.18B | 7.59B | 7.93B | 10.91B |
| Retained Earnings | 7.19B | 6.89B | 5.86B | 5.37B | 4.64B | 2.56B |
| Treasury Stock | -1.83B | |||||
| Comprehensive Income & Other | 14.00M | 14.00M | 12.00M | 11.00M | 13.00M | 1.00M |
| Total Common Equity | 15.11B | 14.84B | 13.12B | 13.04B | 12.66B | 11.74B |
| Shareholders' Equity | 15.11B | 14.85B | 13.13B | 13.05B | 12.67B | 11.79B |
| Total Liabilities & Equity | 24.63B | 24.24B | 21.62B | 20.41B | 20.15B | 19.90B |
| Total Debt | 3.69B | 4.01B | 3.80B | 2.53B | 2.60B | 3.46B |
| Net Cash (Debt) | -3.20B | -3.89B | -1.76B | -1.57B | -1.93B | -2.43B |
| Net Cash Per Share | -4.19 | -5.09 | -2.37 | -2.07 | -2.41 | -4.82 |
| Filing Date Shares Outstanding | 759.36M | 759.27M | 764.15M | 751.85M | 768.26M | 813.76M |
| Total Common Shares Outstanding | 759.00M | 760.00M | 735.00M | 751.00M | 768.24M | 813.53M |
| Working Capital | 10.00M | 292.00M | 2.19B | 355.00M | 1.02B | 916.00M |
| Book Value Per Share | 19.90 | 19.52 | 17.85 | 17.36 | 16.48 | 14.43 |
| Tangible Book Value | 15.11B | 14.84B | 13.12B | 13.04B | 12.66B | 11.74B |
| Tangible Book Value Per Share | 19.90 | 19.52 | 17.85 | 17.36 | 16.48 | 14.43 |
| Land | 280.00M | 270.00M | 213.00M | 216.00M | 183.00M | 140.00M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 1.67B | 1.72B | 1.12B | 1.62B | 4.07B | 1.16B |
| Depreciation & Amortization | 2.42B | 2.37B | 1.84B | 1.64B | 1.64B | 693.00M |
| Loss (Gain) From Sale of Assets | -2.00M | -5.00M | -3.00M | -12.00M | 1.00M | 2.00M |
| Stock-Based Compensation | 67.00M | 62.00M | 61.00M | 57.00M | 73.00M | 52.00M |
| Other Operating Activities | 424.00M | 175.00M | -51.00M | 110.00M | -132.00M | -94.00M |
| Change in Accounts Receivable | -114.00M | -67.00M | -108.00M | 378.00M | -184.00M | -229.00M |
| Change in Inventory | 19.00M | 1.00M | 13.00M | 4.00M | -24.00M | 5.00M |
| Change in Accounts Payable | 198.00M | -77.00M | 15.00M | -180.00M | 96.00M | 47.00M |
| Change in Income Taxes | -144.00M | -181.00M | 31.00M | 38.00M | -118.00M | 34.00M |
| Change in Other Net Operating Assets | -11.00M | 26.00M | -124.00M | -3.00M | 44.00M | -1.00M |
| Operating Cash Flow | 4.52B | 4.02B | 2.79B | 3.66B | 5.46B | 1.67B |
| Capital Expenditures | -2.55B | -2.39B | -1.77B | -2.10B | -1.71B | -728.00M |
| Sale of Property, Plant & Equipment | 36.00M | 8.00M | ||||
| Cash Acquisitions | -19.00M | -3.24B | 1.03B | |||
| Other Investing Activities | -89.00M | -3.00M | 9.00M | 40.00M | ||
| Investing Cash Flow | -2.66B | -5.63B | -1.76B | -2.06B | -1.67B | 313.00M |
| Long-Term Debt Issued | 1.75B | 1.99B | 100.00M | |||
| Long-Term Debt Repaid | -1.45B | -575.00M | -874.00M | -290.00M | ||
| Net Debt Issued (Repaid) | -750.00M | 300.00M | 1.42B | -874.00M | -190.00M | |
| Issuance of Common Stock | 2.00M | |||||
| Repurchase of Common Stock | -147.00M | -141.00M | -455.00M | -405.00M | -1.25B | -114.00M |
| Common Dividends Paid | -673.00M | -682.00M | -625.00M | -890.00M | -1.99B | -431.23M |
| Other Financing Activities | -28.00M | -28.00M | -56.00M | -22.00M | -30.00M | -5.00M |
| Financing Cash Flow | -1.60B | -551.00M | 279.00M | -1.32B | -4.14B | -1.09B |
| Net Cash Flow | 269.00M | -2.16B | 1.31B | 282.00M | -363.00M | 894.00M |
| Free Cash Flow | 1.98B | 1.63B | 1.02B | 1.56B | 3.75B | 939.00M |
| Free Cash Flow Margin | 26.86% | 23.37% | 19.53% | 27.43% | 39.37% | 25.59% |
| Free Cash Flow Per Share | 2.58 | 2.14 | 1.37 | 2.05 | 4.69 | 1.86 |
| Levered Free Cash Flow | 1.25B | 1.22B | 744.88M | 1.25B | 2.69B | 1.08B |
| Unlevered Free Cash Flow | 1.39B | 1.36B | 824.25M | 1.31B | 2.77B | 1.12B |
| Cash Interest Paid | 183.00M | 183.00M | 99.00M | 84.00M | 119.00M | 81.00M |
| Cash Income Tax Paid | 293.00M | 293.00M | 341.00M | 388.00M | 983.00M | 184.00M |
| Change in Working Capital | -52.00M | -298.00M | -173.00M | 237.00M | -186.00M | -144.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 24.72B | 20.04B | 18.81B | 19.20B | 19.37B | 15.46B |
| Enterprise Value | 27.92B | 24.07B | 20.34B | 20.91B | 21.29B | 16.36B |
| Last Close Price | 32.56 | 26.13 | 24.49 | 23.69 | 21.79 | 15.41 |
| PE Ratio | 15.00 | 11.68 | 16.80 | 11.85 | 4.78 | 13.38 |
| Forward PE | 10.94 | 10.72 | 10.32 | 9.96 | 5.66 | 5.08 |
| PS Ratio | 3.36 | 2.87 | 3.59 | 3.38 | 2.04 | 4.21 |
| PB Ratio | 1.64 | 1.35 | 1.43 | 1.47 | 1.53 | 1.31 |
| P/TBV Ratio | 1.64 | 1.35 | 1.43 | 1.47 | 1.53 | 1.32 |
| P/FCF Ratio | 12.52 | 12.26 | 18.37 | 12.31 | 5.17 | 16.46 |
| P/OCF Ratio | 5.47 | 4.98 | 6.73 | 5.25 | 3.55 | 9.27 |
| PEG Ratio | 0.63 | 0.47 | 0.44 | 0.32 | 0.10 | 0.09 |
| EV/Sales Ratio | 3.80 | 3.44 | 3.88 | 3.68 | 2.24 | 4.46 |
| EV/EBITDA Ratio | 5.78 | 4.98 | 6.30 | 5.53 | 3.11 | 7.24 |
| EV/EBIT Ratio | 11.59 | 9.78 | 14.68 | 9.76 | 4.09 | 10.45 |
| EV/FCF Ratio | 14.14 | 14.73 | 19.86 | 13.41 | 5.68 | 17.42 |
| Debt / Equity Ratio | 0.24 | 0.27 | 0.29 | 0.19 | 0.20 | 0.29 |
| Debt / EBITDA Ratio | 0.66 | 0.73 | 1.06 | 0.62 | 0.38 | 1.53 |
| Debt / FCF Ratio | 1.87 | 2.45 | 3.71 | 1.62 | 0.69 | 3.69 |
| Net Debt / Equity Ratio | 0.21 | 0.26 | 0.13 | 0.12 | 0.15 | 0.21 |
| Net Debt / EBITDA Ratio | 0.66 | 0.81 | 0.55 | 0.41 | 0.28 | 1.07 |
| Net Debt / FCF Ratio | 1.62 | 2.38 | 1.72 | 1.01 | 0.51 | 2.58 |
| Asset Turnover | 0.30 | 0.30 | 0.25 | 0.28 | 0.47 | 0.30 |
| Inventory Turnover | 39.26 | 38.49 | 26.99 | 25.20 | 27.75 | 30.33 |
| Quick Ratio | 0.92 | 0.98 | 2.65 | 1.11 | 1.66 | 1.70 |
| Current Ratio | 1.00 | 1.19 | 2.92 | 1.21 | 1.85 | 1.75 |
| Return on Equity (ROE) | 11.36% | 12.28% | 8.57% | 12.64% | 33.24% | 16.54% |
| Return on Assets (ROA) | 6.20% | 6.71% | 4.12% | 6.60% | 16.26% | 8.02% |
| Return on Invested Capital (ROIC) | 9.81% | 11.11% | 7.83% | 11.20% | 28.44% | 13.83% |
| Return on Capital Employed (ROCE) | 10.60% | 10.90% | 6.80% | 11.40% | 27.50% | 8.40% |
| Earnings Yield | 6.74% | 8.57% | 5.96% | 8.46% | 20.98% | 7.49% |
| FCF Yield | 7.99% | 8.15% | 5.44% | 8.12% | 19.34% | 6.08% |
| Dividend Yield | 2.70% | 3.37% | 3.43% | 4.94% | 11.43% | 4.02% |
| Payout Ratio | 40.54% | 39.72% | 55.75% | 54.77% | 48.98% | 37.24% |
| Buyback Yield / Dilution | -2.41% | -2.55% | 1.97% | 4.88% | -58.53% | -25.69% |
| Total Shareholder Return | 0.29% | 0.82% | 5.40% | 9.82% | -47.11% | -21.66% |