Global Geophysical Services (GGS)
Add to Watchlists Create an AlertGlobal Geophysical Services Gross Profit Margin Quarterly:
13.23% for March 31, 2013Global Geophysical Services Historical Gross Profit Margin Quarterly Data
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| Data for this Date Range | |
|---|---|
| March 31, 2013 | 13.23% |
| Dec. 31, 2012 | 11.30% |
| Sept. 30, 2012 | 35.63% |
| June 30, 2012 | 26.08% |
| March 31, 2012 | 36.85% |
| Dec. 31, 2011 | 25.14% |
| Sept. 30, 2011 | 19.97% |
| June 30, 2011 | 22.63% |
| March 31, 2011 | 28.32% |
| Dec. 31, 2010 | 21.56% |
| Sept. 30, 2010 | 10.63% |
| June 30, 2010 | 2.23% |
| March 31, 2010 | 2.97% |
About Gross Profit Margin
A gross profit margin is the difference between sales and the cost of goods sold divided by revenue. This represents the percentage of each dollar of a company's revenue available after accounting for cost of goods sold.
If a company produces phones and earns $32 million in sales but pays $24 million for the items sold, then the company's gross profit margin would be ($32M - $24M) / $32M = 25 percent.
Cutting costs result in higher gross profit margins. If a company sells phones for 500 dollars and the cost of the producing the phone is $250, the current gross profit margin is 50 percent ((500-250)/500). If the company is able to reduce production costs from $250 to $200, the gross profit margin is 60 percent ((500-200)/500).
Note : Profit margins are very dependent on sector. Companies that sell bland potato chips may not have very high margins, but will sell a sizable quantity of potato chips. A company that sells consulting services will likely have higher profit margins, but sell lower quantities.
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GGS Gross Profit Margin Quarterly Benchmarks
| Companies | |
|---|---|
| Carbo Ceramics | 28.70% |
| Oil States International | 25.91% |
| Newpark Resources | 18.69% |
GGS Gross Profit Margin Quarterly Rankings
| Overall |
55th percentile 3549 of 8006 |
| Sector |
29th percentile 288 of 411 in Energy |
| Industry |
19th percentile 49 of 61 in Oil & Gas Equipment & Services |
GGS Gross Profit Margin Quarterly Range, Past 5 Years
| Minimum | 2.23% | Jun 2010 |
| Maximum | 36.85% | Mar 2012 |
| Average | 17.98% |