Comstock Resources Inc (CRK) - Net Assets
Based on the latest financial reports, Comstock Resources Inc (CRK) has net assets worth $2.96 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.01 Billion) and total liabilities ($4.04 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check CRK cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.96 Billion |
| % of Total Assets | 42.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | 149.45% |
| 10-Year Change | N/A |
| Growth Volatility | 132.83 |
Comstock Resources Inc - Net Assets Trend (1986–2025)
This chart illustrates how Comstock Resources Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Comstock Resources Inc for the complete picture of this company's asset base.
Annual Net Assets for Comstock Resources Inc (1986–2025)
The table below shows the annual net assets of Comstock Resources Inc from 1986 to 2025. For live valuation and market cap data, see CRK market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.96 Billion | +26.97% |
| 2024-12-31 | $2.33 Billion | -2.08% |
| 2023-12-31 | $2.38 Billion | +4.60% |
| 2022-12-31 | $2.28 Billion | +91.81% |
| 2021-12-31 | $1.19 Billion | -17.62% |
| 2020-12-31 | $1.44 Billion | +26.14% |
| 2019-12-31 | $1.14 Billion | +100.68% |
| 2018-12-31 | $569.57 Million | -- |
| 2017-12-31 | $0.00 | -- |
| 2016-12-31 | $-271.27 Million | -58.40% |
| 2015-12-31 | $-171.26 Million | -119.68% |
| 2014-12-31 | $870.27 Million | -8.59% |
| 2013-12-31 | $952.00 Million | +1.98% |
| 2012-12-31 | $933.53 Million | -10.03% |
| 2011-12-31 | $1.04 Billion | -2.89% |
| 2010-12-31 | $1.07 Billion | +0.23% |
| 2009-12-31 | $1.07 Billion | +0.38% |
| 2008-12-31 | $1.06 Billion | +2.21% |
| 2007-12-31 | $1.04 Billion | +15.08% |
| 2006-12-31 | $902.91 Million | +54.91% |
| 2005-12-31 | $582.86 Million | +63.79% |
| 2004-12-31 | $355.85 Million | +22.85% |
| 2003-12-31 | $289.66 Million | +38.97% |
| 2002-12-31 | $208.43 Million | -3.35% |
| 2001-12-31 | $215.66 Million | +19.70% |
| 2000-12-31 | $180.17 Million | +31.32% |
| 1999-12-31 | $137.20 Million | +25.07% |
| 1998-12-31 | $109.70 Million | -11.96% |
| 1997-12-31 | $124.60 Million | +5.33% |
| 1996-12-31 | $118.30 Million | +293.02% |
| 1995-12-31 | $30.10 Million | -26.94% |
| 1994-12-31 | $41.20 Million | +49.28% |
| 1993-12-31 | $27.60 Million | +32.06% |
| 1992-12-31 | $20.90 Million | +10.58% |
| 1991-12-31 | $18.90 Million | -48.64% |
| 1990-12-31 | $36.80 Million | +89.69% |
| 1989-12-31 | $19.40 Million | +22.78% |
| 1988-12-31 | $15.80 Million | +731.58% |
| 1987-12-31 | $1.90 Million | -- |
| 1986-12-31 | $0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Comstock Resources Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 112723000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.12 Billion | 42.47% |
| Common Stock | $146.53 Million | 5.54% |
| Other Components | $1.38 Billion | 51.99% |
| Total Equity | $2.65 Billion | 100.00% |
Comstock Resources Inc Competitors by Market Cap
The table below lists competitors of Comstock Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sensata Technologies Holding NV
NYSE:ST
|
$5.10 Billion |
|
AMMB Holdings Bhd
KLSE:1015
|
$5.11 Billion |
|
Hanjaya Mandala Sampoerna Tbk PT
JK:HMSP
|
$5.11 Billion |
|
Vista Oil Gas ADR
NYSE:VIST
|
$5.11 Billion |
|
Enel Generación Chile S.A
SN:ENELGXCH
|
$5.10 Billion |
|
Boot Barn Holdings Inc
NYSE:BOOT
|
$5.10 Billion |
|
kakaopay Corp.
KO:377300
|
$5.10 Billion |
|
Brookfield Renewable Corp
NYSE:BEPC
|
$5.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Comstock Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,241,023,000 to 2,646,810,000, a change of 405,787,000 (18.1%).
- Net income of 395,611,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $395.61 Million | +14.95% |
| Other Changes | $10.18 Million | +0.38% |
| Total Change | $- | 18.11% |
Book Value vs Market Value Analysis
This analysis compares Comstock Resources Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.93x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-12-31 | $-8.84 | $17.36 | x |
| 1987-12-31 | $5.60 | $17.36 | x |
| 1988-12-31 | $64.07 | $17.36 | x |
| 1989-12-31 | $36.87 | $17.36 | x |
| 1990-12-31 | $36.80 | $17.36 | x |
| 1991-12-31 | $13.39 | $17.36 | x |
| 1992-12-31 | $13.44 | $17.36 | x |
| 1993-12-31 | $11.59 | $17.36 | x |
| 1994-12-31 | $16.48 | $17.36 | x |
| 1995-12-31 | $12.00 | $17.36 | x |
| 1996-12-31 | $27.63 | $17.36 | x |
| 1997-12-31 | $23.95 | $17.36 | x |
| 1998-12-31 | $22.60 | $17.36 | x |
| 1999-12-31 | $27.73 | $17.36 | x |
| 2000-12-31 | $26.33 | $17.36 | x |
| 2001-12-31 | $31.21 | $17.36 | x |
| 2002-12-31 | $30.74 | $17.36 | x |
| 2003-12-31 | $41.06 | $17.36 | x |
| 2004-12-31 | $49.08 | $17.36 | x |
| 2005-12-31 | $70.81 | $17.36 | x |
| 2006-12-31 | $78.35 | $17.36 | x |
| 2007-12-31 | $86.89 | $17.36 | x |
| 2008-12-31 | $118.50 | $17.36 | x |
| 2009-12-31 | $118.45 | $17.36 | x |
| 2010-12-31 | $117.26 | $17.36 | x |
| 2011-12-31 | $112.79 | $17.36 | x |
| 2012-12-31 | $100.55 | $17.36 | x |
| 2013-12-31 | $102.25 | $17.36 | x |
| 2014-12-31 | $93.48 | $17.36 | x |
| 2015-12-31 | $-18.57 | $17.36 | x |
| 2016-12-31 | $-23.13 | $17.36 | x |
| 2017-12-31 | $-25.22 | $17.36 | x |
| 2018-12-31 | $5.40 | $17.36 | x |
| 2019-12-31 | $6.10 | $17.36 | x |
| 2020-12-31 | $6.70 | $17.36 | x |
| 2021-12-31 | $5.13 | $17.36 | x |
| 2022-12-31 | $8.21 | $17.36 | x |
| 2023-12-31 | $8.52 | $17.36 | x |
| 2024-12-31 | $7.81 | $17.36 | x |
| 2025-12-31 | $9.00 | $17.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Comstock Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.95%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.73%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 2.65x
- Recent ROE (14.95%) is above the historical average (1.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 0.00% | -50.00% | 0.19x | 0.00x | $100.00K |
| 1987 | -26.32% | -125.00% | 0.09x | 2.32x | $-690.00K |
| 1988 | 1.27% | 4.08% | 0.16x | 2.00x | $-1.38 Million |
| 1989 | 5.67% | 14.47% | 0.23x | 1.69x | $-840.00K |
| 1990 | 0.27% | 2.56% | 0.09x | 1.20x | $-3.58 Million |
| 1991 | -19.05% | -116.13% | 0.06x | 2.75x | $-5.49 Million |
| 1992 | -2.87% | -9.23% | 0.12x | 2.55x | $-2.69 Million |
| 1993 | 9.06% | 11.36% | 0.30x | 2.68x | $-260.00K |
| 1994 | -1.70% | -2.17% | 0.35x | 2.22x | $-4.82 Million |
| 1995 | -87.04% | -34.75% | 0.63x | 3.99x | $-29.21 Million |
| 1996 | 23.67% | 40.64% | 0.31x | 1.88x | $16.17 Million |
| 1997 | 17.82% | 25.06% | 0.19x | 3.67x | $9.74 Million |
| 1998 | -15.68% | -18.49% | 0.22x | 3.92x | $-28.17 Million |
| 1999 | -2.04% | -3.11% | 0.21x | 3.17x | $-16.52 Million |
| 2000 | 22.98% | 24.44% | 0.35x | 2.72x | $23.39 Million |
| 2001 | 16.91% | 21.65% | 0.25x | 3.17x | $14.89 Million |
| 2002 | 5.52% | 7.66% | 0.21x | 3.41x | $-9.34 Million |
| 2003 | 18.62% | 22.94% | 0.31x | 2.63x | $24.98 Million |
| 2004 | 13.17% | 17.91% | 0.28x | 2.65x | $11.28 Million |
| 2005 | 10.38% | 19.94% | 0.30x | 1.74x | $2.19 Million |
| 2006 | 10.35% | 13.80% | 0.27x | 2.75x | $2.41 Million |
| 2007 | 8.93% | 10.03% | 0.29x | 3.05x | $-8.26 Million |
| 2008 | 23.72% | 42.68% | 0.37x | 1.49x | $145.75 Million |
| 2009 | -3.42% | -12.53% | 0.16x | 1.74x | $-143.08 Million |
| 2010 | -1.83% | -5.61% | 0.18x | 1.84x | $-126.44 Million |
| 2011 | -3.23% | -7.71% | 0.16x | 2.54x | $-137.23 Million |
| 2012 | -10.72% | -21.93% | 0.18x | 2.75x | $-193.41 Million |
| 2013 | 4.31% | 9.76% | 0.20x | 2.25x | $-54.17 Million |
| 2014 | -6.56% | -10.29% | 0.24x | 2.61x | $-144.14 Million |
| 2015 | 0.00% | -414.82% | 0.21x | 0.00x | $-1.03 Billion |
| 2016 | 0.00% | -76.91% | 0.20x | 0.00x | $-108.01 Million |
| 2017 | 0.00% | -43.63% | 0.27x | 0.00x | $-74.48 Million |
| 2018 | -19.56% | -43.63% | 0.12x | 3.84x | $-168.36 Million |
| 2019 | 8.48% | 12.60% | 0.17x | 4.07x | $-17.41 Million |
| 2020 | -3.64% | -6.11% | 0.18x | 3.29x | $-196.59 Million |
| 2021 | -20.35% | -13.06% | 0.40x | 3.93x | $-360.50 Million |
| 2022 | 50.08% | 31.45% | 0.64x | 2.50x | $913.05 Million |
| 2023 | 8.98% | 13.54% | 0.25x | 2.65x | $-23.95 Million |
| 2024 | -9.76% | -17.45% | 0.20x | 2.85x | $-442.86 Million |
| 2025 | 14.95% | 20.73% | 0.27x | 2.65x | $130.93 Million |
Industry Comparison
This section compares Comstock Resources Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,401,223,882
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Comstock Resources Inc (CRK) | $2.96 Billion | 0.00% | 1.36x | $5.10 Billion |
| Amplify Energy Corp (AMPY) | $643.58 Million | -23.32% | 1.61x | $225.45 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $-14.85 Million | 0.00% | 0.00x | $105.31 Million |
| APA Corporation (APA) | $816.20 Million | 5.24% | 1.30x | $9.63 Billion |
| Antero Resources Corp (AR) | $5.47 Billion | 12.31% | 1.11x | $10.72 Billion |
| Battalion Oil Corp (BATL) | $1.20 Billion | 3.84% | 0.74x | $41.80 Million |
| BKV Corporation (BKV) | $985.14 Million | -4.40% | 0.36x | $3.02 Billion |
| Barnwell Industries Inc (BRN) | $10.40 Million | 6.73% | 1.77x | $11.33 Million |
| Berry Petroleum Corp (BRY) | $153.15 Million | 14.32% | 0.52x | $253.00 Million |
| Black Stone Minerals LP (BSM) | $910.65 Million | -10.99% | 0.17x | $2.98 Billion |
| Chord Energy Corp (CHRD) | $3.84 Billion | -3.34% | 0.95x | $5.96 Billion |
About Comstock Resources Inc
Comstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. Its assets covering an area of approximately 1,069,991 acres are located in the Haynesville and Bossier shales located in North Louisiana and East Texas. The company was incorporated in 1919 and is headquartered in Fr… Read more