Coterra Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	6,873	5,167	5,603	9,449	3,657
Other Revenue	118	77	81	65	13
Revenue	6,991	5,244	5,684	9,514	3,670
Revenue Growth (YoY)	33.31%	-7.74%	-40.26%	159.24%	161.21%
Cost of Revenue	1,809	1,417	1,537	1,415	819
Gross Profit	5,182	3,827	4,147	8,099	2,851
Selling, General & Admin	308	302	291	396	270
Other Operating Expenses	15	274	53	829	304
Operating Expenses	2,720	2,441	2,005	2,889	1,285
Operating Income	2,462	1,386	2,142	5,210	1,566
Interest Expense	-226	-127	-94	-117	-62
Interest & Investment Income	14	62	47	10	-
Other Non Operating Income (Expenses)	23	21	21	39	-
EBT Excluding Unusual Items	2,273	1,342	2,116	5,142	1,504
Merger & Restructuring Charges	-15	-	-	-	-
Gain (Loss) on Sale of Assets	5	3	12	-1	-2
Other Unusual Items	-	-	-	28	-
Pretax Income	2,263	1,345	2,128	5,169	1,502
Income Tax Expense	546	224	503	1,104	344
Net Income	1,717	1,121	1,625	4,065	1,158
Preferred Dividends & Other Adjustments	1	1	5	8	3
Net Income to Common	1,716	1,120	1,620	4,057	1,155
Net Income Growth	53.17%	-31.01%	-60.02%	251.04%	476.12%
Shares Outstanding (Basic)	761	742	756	796	503
Shares Outstanding (Diluted)	764	745	760	799	504
Shares Change (YoY)	2.55%	-1.97%	-4.88%	58.53%	25.69%
EPS (Basic)	2.25	1.51	2.14	5.10	2.30
EPS (Diluted)	2.24	1.50	2.13	5.08	2.29
EPS Growth	49.33%	-29.58%	-58.07%	121.83%	358.00%
Free Cash Flow	1,634	1,024	1,559	3,746	939
Free Cash Flow Per Share	2.14	1.37	2.05	4.69	1.86
Dividend Per Share	0.880	0.840	1.170	2.490	0.620
Dividend Growth	4.76%	-28.21%	-53.01%	301.61%	55.00%
Gross Margin	74.12%	72.98%	72.96%	85.13%	77.68%
Operating Margin	35.22%	26.43%	37.69%	54.76%	42.67%
Profit Margin	24.55%	21.36%	28.50%	42.64%	31.47%
Free Cash Flow Margin	23.37%	19.53%	27.43%	39.37%	25.59%
EBITDA	4,832	3,226	3,783	6,845	2,259
EBITDA Margin	69.12%	61.52%	66.55%	71.95%	61.55%
D&A For EBITDA	2,370	1,840	1,641	1,635	693
EBIT	2,462	1,386	2,142	5,210	1,566
EBIT Margin	35.22%	26.43%	37.69%	54.76%	42.67%
Effective Tax Rate	24.13%	16.65%	23.64%	21.36%	22.90%
Revenue as Reported	7,645	5,458	5,914	9,051	3,449

Source: S&P Global Market Intelligence. Standard template. Financial Sources.