Noble Corp PLC (NE)
46.20
-0.86
(-1.83%)
USD |
NYSE |
Apr 17, 16:00
46.20
0.00 (0.00%)
After-Hours: 17:36
Noble Gross Profit Margin (Quarterly): 25.22% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
December 31, 2023 | 25.22% |
September 30, 2023 | 35.76% |
June 30, 2023 | 28.17% |
March 31, 2023 | 24.97% |
December 31, 2022 | 25.56% |
Date | Value |
---|---|
September 30, 2022 | 26.56% |
June 30, 2022 | 21.82% |
March 31, 2022 | 2.41% |
September 30, 2021 | 8.03% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
2.41%
Minimum
Mar 2022
35.76%
Maximum
Sep 2023
22.05%
Average
25.22%
Median
Dec 2023
Gross Profit Margin (Quarterly) Benchmarks
Devon Energy Corp | 39.64% |
Halliburton Co | 19.74% |
Helmerich & Payne Inc | 26.56% |
Patterson-UTI Energy Inc | 11.77% |
Baker Hughes Co | 21.17% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 12.83% |
Return on Assets | 9.17% |
Return on Invested Capital | 11.09% |
Profit Margin (Quarterly) | 23.28% |
Operating Margin (Quarterly) | 20.09% |
Return on Net Operating Assets | 10.38% |