STR: Sitio Royalties Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Sitio Royalties Corp (STR).
$2.93B Market Cap.
STR Market Cap. (MRY)
STR Shares Outstanding (MRY)
STR Assets (MRY)
Total Assets
$4.74B
Total Liabilities
$1.39B
Total Investments
$1.81M
STR Income (MRY)
Revenue
$624.41M
Net Income
$40.95M
Operating Expense
$421.40M
STR Cash Flow (MRY)
CF Operations
$462.43M
CF Investing
-$329.96M
CF Financing
-$144.37M
STR Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $4,743,720,000 (-0.32%) | $4,758,801,000 (-7.97%) | $5,170,902,000 (329.89%) | $1,202,854,000 (336.40%) |
Assets Current | $135,222,000 (-12.18%) | $153,984,000 (-19.88%) | $192,191,000 (293.70%) | $48,816,000 (447.94%) |
Assets Non-Current | $4,608,498,000 (0.08%) | $4,604,817,000 (-7.51%) | $4,978,711,000 (331.42%) | $1,154,038,000 (332.68%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $1,465,421,000 (-8.85%) | $1,607,748,000 (-6.65%) | $1,722,367,000 (207.22%) | $560,622,000 (145.46%) |
Property Plant & Equipment Net | $4,597,227,000 (0.22%) | $4,587,337,000 (-7.45%) | $4,956,536,000 (330.29%) | $1,151,893,000 (453.98%) |
Cash & Equivalents | $3,290,000 (-78.35%) | $15,195,000 (-19.25%) | $18,818,000 (52.02%) | $12,379,000 (354.44%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $1,811,000 (-91.96%) | $22,520,000 (-30.18%) | $32,253,000 (0%) | $0 (0%) |
Investments Current | $1,811,000 (-90.51%) | $19,080,000 (1.09%) | $18,874,000 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $3,440,000 (-74.29%) | $13,379,000 (0%) | $0 (0%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $123,361,000 (14.92%) | $107,347,000 (-24.41%) | $142,010,000 (292.27%) | $36,202,000 (568.06%) |
Trade & Non-Trade Payables | $46,385,000 (54.36%) | $30,050,000 (37.22%) | $21,899,000 (377.94%) | $4,582,000 (197.53%) |
Accumulated Retained Earnings (Deficit) | -$146,792,000 (21.81%) | -$187,738,000 (-1939.97%) | -$9,203,000 (0%) | $0 (0%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $253,778,000 (-2.34%) | $259,870,000 (-17.14%) | $313,607,000 (0%) | $0 (0%) |
Total Debt | $1,085,289,000 (24.39%) | $872,457,000 (-7.75%) | $945,762,000 (605.79%) | $134,000,000 (236.68%) |
Debt Current | $1,646,000 (-4.58%) | $1,725,000 (10.36%) | $1,563,000 (0%) | $0 (0%) |
Debt Non-Current | $1,083,643,000 (24.45%) | $870,732,000 (-7.78%) | $944,199,000 (604.63%) | $134,000,000 (236.68%) |
Total Liabilities | $1,386,602,000 (19.17%) | $1,163,527,000 (-9.40%) | $1,284,307,000 (819.26%) | $139,711,000 (195.82%) |
Liabilities Current | $48,031,000 (51.16%) | $31,775,000 (20.31%) | $26,412,000 (476.43%) | $4,582,000 (47.95%) |
Liabilities Non-Current | $1,338,571,000 (18.27%) | $1,131,752,000 (-10.03%) | $1,257,895,000 (830.88%) | $135,129,000 (206.20%) |
STR Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $624,414,000 (5.23%) | $593,356,000 (60.53%) | $369,612,000 (206.51%) | $120,588,000 (163.87%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $54,725,000 (10.29%) | $49,620,000 (17.31%) | $42,299,000 (225.43%) | $12,998,000 (38.45%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $421,405,000 (-24.47%) | $557,967,000 (217.71%) | $175,623,000 (148.36%) | $70,714,000 (27.66%) |
Interest Expense | $85,240,000 (-8.75%) | $93,413,000 (163.14%) | $35,499,000 (1775.28%) | $1,893,000 (-3.81%) |
Income Tax Expense | $17,935,000 (225.56%) | -$14,284,000 (-351.43%) | $5,681,000 (1068.93%) | $486,000 (2109.09%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $94,929,000 (303.30%) | -$46,695,000 (-125.36%) | $184,131,000 (287.69%) | $47,495,000 (434.14%) |
Net Income to Non-Controlling Interests | $53,983,000 (73.25%) | $31,159,000 (60996.08%) | $51,000 (0%) | $0 (0%) |
Net Income | $40,946,000 (152.59%) | -$77,854,000 (-142.29%) | $184,080,000 (287.58%) | $47,495,000 (434.14%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $40,946,000 (152.59%) | -$77,854,000 (-142.29%) | $184,080,000 (287.58%) | $47,495,000 (434.14%) |
Weighted Average Shares | $80,621,000 (-0.80%) | $81,269,000 (492.21%) | $13,723,000 (18.50%) | $11,580,250 (0.63%) |
Weighted Average Shares Diluted | $80,856,000 (-0.51%) | $81,269,000 (492.21%) | $13,723,000 (18.50%) | $11,580,250 (-46.16%) |
Earning Before Interest & Taxes (EBIT) | $144,121,000 (11203.61%) | $1,275,000 (-99.43%) | $225,260,000 (351.66%) | $49,874,000 (508.00%) |
Gross Profit | $624,414,000 (5.23%) | $593,356,000 (60.53%) | $369,612,000 (206.51%) | $120,588,000 (163.87%) |
Operating Income | $203,009,000 (473.65%) | $35,389,000 (-81.76%) | $193,989,000 (288.96%) | $49,874,000 (614.54%) |
STR Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$329,959,000 (-452.45%) | -$59,726,000 (89.30%) | -$558,099,000 (-1340.52%) | -$38,743,000 (-79.72%) |
Net Cash Flow from Financing | -$144,374,000 (66.53%) | -$431,397,000 (-207.96%) | $399,578,000 (1888.78%) | -$22,338,000 (-48.32%) |
Net Cash Flow from Operations | $462,428,000 (-5.14%) | $487,500,000 (195.53%) | $164,960,000 (150.21%) | $65,929,000 (153.42%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$11,905,000 (-228.60%) | -$3,623,000 (-156.27%) | $6,439,000 (32.82%) | $4,848,000 (145.73%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $310,000 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$329,885,000 (-476.25%) | -$57,247,000 (89.75%) | -$558,409,000 (-1341.32%) | -$38,743,000 (-79.72%) |
Issuance (Repayment) of Debt Securities | $210,202,000 (298.33%) | -$105,986,000 (-119.18%) | $552,707,000 (458.79%) | $98,912,000 (468.85%) |
Issuance (Purchase) of Equity Shares | -$95,216,000 (0%) | $0 (0%) | $0 (0%) | $8,000,000 (-38.46%) |
Payment of Dividends & Other Cash Distributions | -$122,437,000 (24.88%) | -$162,999,000 (-769.61%) | -$18,744,000 (72.23%) | -$67,500,000 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $23,836,000 (26.34%) | $18,867,000 (103.97%) | $9,250,000 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $320,297,000 (9.95%) | $291,320,000 (178.75%) | $104,511,000 (155.49%) | $40,906,000 (27.64%) |
STR Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) |
Profit Margin | 6.60% (150.38%) | -13.10% (-126.31%) | 49.80% (26.40%) | 39.40% (226.69%) |
EBITDA Margin | 74.40% (50.91%) | 49.30% (-44.73%) | 89.20% (18.46%) | 75.30% (73.50%) |
Return on Average Equity (ROAE) | 2.70% (157.45%) | -4.70% (-114.46%) | 32.50% (109.68%) | 15.50% (354.10%) |
Return on Average Assets (ROAA) | 0.90% (160.00%) | -1.50% (-120.83%) | 7.20% (-23.40%) | 9.40% (284.31%) |
Return on Sales (ROS) | 23.10% (11450.00%) | 0.20% (-99.67%) | 60.90% (47.10%) | 41.40% (255.06%) |
Return on Invested Capital (ROIC) | 2.50% (0%) | 0% (0%) | 7.50% (-16.67%) | 9.00% (330.77%) |
Dividend Yield | 7.80% (21.87%) | 6.40% (-32.63%) | 9.50% (-4.04%) | 9.90% (22.22%) |
Price to Earnings Ratio (P/E) | 39.14 (133.30%) | -117.55 (-548.20%) | 26.23 | - |
Price to Sales Ratio (P/S) | 2.48 (-23.11%) | 3.22 (200.65%) | 1.07 (-42.76%) | 1.87 (-41.03%) |
Price to Book Ratio (P/B) | 2 (-12.92%) | 2.3 (63.68%) | 1.4 (87.20%) | 0.75 (-36.82%) |
Debt to Equity Ratio (D/E) | 0.95 (30.66%) | 0.72 (-2.95%) | 0.75 (199.60%) | 0.25 (20.29%) |
Earnings Per Share (EPS) | 0.49 (345.00%) | -0.2 (-118.18%) | 1.1 (0%) | 0 (0%) |
Sales Per Share (SPS) | 7.75 (6.08%) | 7.3 (-72.89%) | 26.93 (158.66%) | 10.41 (162.23%) |
Free Cash Flow Per Share (FCFPS) | 1.64 (-68.95%) | 5.29 (118.46%) | -28.67 (-1321.08%) | 2.35 (506.72%) |
Book Value Per Share (BVPS) | 18.18 (-8.12%) | 19.78 (-84.24%) | 125.51 (159.25%) | 48.41 (143.91%) |
Tangible Assets Book Value Per Share (TABVPS) | 58.84 (0.49%) | 58.56 (-84.46%) | 376.81 (262.76%) | 103.87 (333.66%) |
Enterprise Value Over EBIT (EV/EBIT) | 27 (-99.27%) | 3,683 (26207.14%) | 14 (55.56%) | 9 (136.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 8.45 (-47.36%) | 16.05 (72.11%) | 9.32 (86.59%) | 5 (-67.80%) |
Asset Turnover | 0.13 (11.86%) | 0.12 (-18.62%) | 0.14 (-39.33%) | 0.24 (46.63%) |
Current Ratio | 2.81 (-41.91%) | 4.85 (-33.41%) | 7.28 (-31.70%) | 10.65 (270.32%) |
Dividends | $1.5 (0.00%) | $1.5 (-45.05%) | $2.73 (42.19%) | $1.92 (88.24%) |
Free Cash Flow (FCF) | $132,543,000 (-69.19%) | $430,253,000 (209.35%) | -$393,449,000 (-1547.25%) | $27,186,000 (509.69%) |
Enterprise Value (EV) | $3,923,378,147 (-16.45%) | $4,695,654,057 (52.71%) | $3,074,830,061 (577.88%) | $453,593,724 (47.42%) |
Earnings Before Tax (EBT) | $58,881,000 (163.91%) | -$92,138,000 (-148.55%) | $189,761,000 (295.49%) | $47,981,000 (438.08%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $464,418,000 (58.72%) | $292,595,000 (-11.27%) | $329,771,000 (263.26%) | $90,780,000 (357.91%) |
Invested Capital | $5,777,688,000 (3.46%) | $5,584,288,000 (-8.02%) | $6,071,434,000 (359.99%) | $1,319,893,000 (326.31%) |
Working Capital | $87,191,000 (-28.65%) | $122,209,000 (-26.28%) | $165,779,000 (274.78%) | $44,234,000 (661.08%) |
Tangible Asset Value | $4,743,720,000 (-0.32%) | $4,758,801,000 (-7.97%) | $5,170,902,000 (329.89%) | $1,202,854,000 (336.40%) |
Market Capitalization | $2,932,915,147 (-20.63%) | $3,695,276,057 (52.77%) | $2,418,808,061 (475.01%) | $420,654,724 (55.11%) |
Average Equity | $1,507,596,750 (-9.92%) | $1,673,652,500 (195.40%) | $566,581,000 (85.38%) | $305,635,750 (30.18%) |
Average Assets | $4,720,485,750 (-6.14%) | $5,029,447,750 (96.88%) | $2,554,618,500 (406.90%) | $503,972,500 (79.72%) |
Invested Capital Average | $5,665,449,000 (-4.28%) | $5,918,745,000 (97.15%) | $3,002,146,500 (441.36%) | $554,552,500 (75.09%) |
Shares | 152,915,284 (-2.71%) | 157,178,905 (87.47%) | 83,840,834 (288.26%) | 21,594,185 (0.33%) |
