COMSTOCK RESOURCES INC

Crude Petroleum & Natural Gas·FRISCO, TX·FY end 12/31·CIK 23194

CEO Pay Ratio

142:1

CEO Total Comp

—

Median Employee

$154,049

Revenue

$2.2B

FY 2025

Net Income

$395.6M

FY 2025

Free Cash Flow

-$449.7M

FY 2025

Net Margin

17.8%

Insider Net (180d)

-$1.0M

0 buys / 1 sales

CEO Pay Accountability

CEO comp as % of net income

—

Not enough data to compute.

CEO comp as % of buybacks

—

No buyback data for the most recent fiscal year.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$2.2B	$1.3B	$1.6B	$3.6B	$1.9B
Gross Profit	—	—	—	—	—	—
Operating Income	$645.9M	-$168.6M	$226.6M	$2.3B	$900.8M
Net Income	$395.6M	-$229.7M	$211.1M	$1.1B	-$241.7M
Operating CF	$899.6M	$620.3M	$1.0B	$1.7B	$859.0M
Capex	$1.3B	$1.1B	$1.4B	$1.1B	$689.2M
Free Cash Flow	-$449.7M	-$477.1M	-$408.2M	$630.6M	$169.8M
Buybacks	—	—	—	—	—	—
Dividends	$0	$0	$139.0M	$34.7M	—

Gross Margin	—	—	—	—	—	—
Operating Margin	29.1%	-13.4%	14.5%	62.9%	48.7%
Net Margin	17.8%	-18.3%	13.5%	31.4%	-13.1%
FCF Margin	-20.3%	-38.0%	-26.1%	17.4%	9.2%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	17.4%	40.5%	14.2%	18.6%	-5.0%
Debt / Equity	1.06	1.32	1.12	0.94	2.58
Buybacks / FCF	—	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
M. Jay AllisonChief Executive	$1.0M	$16.5M	—	$3.3M	$729.7K	$331.1K
Roland O. BurnsPresident and Chief	$656.0K	$5.0M	—	$1.7M	$481.5K	$173.0K
Daniel S. HarrisonChief Operating	$577.5K	$2.7M	—	$1.3M	$45.2K	$25.3K
Patrick H. McGoughVice President of	$378.0K	$724.3K	—	$689.1K	$19.3K	$21.8K
Clifford D. "Trey" NewellChief Commercial	$472.5K	$1.4M	—	$976.3K	$7.4K	$21.8K