Nine Energy Service Inc (NINE)
2.465
+0.04
(+1.86%)
USD |
NYSE |
Apr 23, 13:33
Nine Energy Service Gross Profit Margin (Quarterly): 10.92% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 10.92% |
| September 30, 2023 | 9.08% |
| June 30, 2023 | 14.65% |
| March 31, 2023 | 15.90% |
| December 31, 2022 | 17.99% |
| September 30, 2022 | 20.62% |
| June 30, 2022 | 13.58% |
| March 31, 2022 | 10.44% |
| December 31, 2021 | 4.03% |
| September 30, 2021 | 3.27% |
| June 30, 2021 | -3.93% |
| March 31, 2021 | -11.31% |
| December 31, 2020 | -27.05% |
| September 30, 2020 | -29.92% |
| June 30, 2020 | -31.35% |
| Date | Value |
|---|---|
| March 31, 2020 | 5.39% |
| December 31, 2019 | 4.90% |
| September 30, 2019 | 9.22% |
| June 30, 2019 | 14.52% |
| March 31, 2019 | 14.32% |
| December 31, 2018 | 17.29% |
| September 30, 2018 | 16.95% |
| June 30, 2018 | 13.04% |
| March 31, 2018 | 11.84% |
| December 31, 2017 | 8.70% |
| September 30, 2017 | 8.71% |
| June 30, 2017 | 6.21% |
| March 31, 2017 | -1.71% |
| December 31, 2016 | -4.02% |
| September 30, 2016 | -9.35% |
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
-31.35%
Minimum
Jun 2020
20.62%
Maximum
Sep 2022
2.68%
Average
9.08%
Median
Sep 2023
Gross Profit Margin (Quarterly) Benchmarks
| CSI Compressco LP (DELISTED) | 27.70% |
| Delek Logistics Partners LP | 29.25% |
| Profire Energy Inc | 54.29% |
| Smart Sand Inc | 4.57% |
| KLX Energy Services Holdings Inc | 21.68% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Assets | -7.74% |
| Return on Invested Capital | -10.47% |
| Profit Margin (Quarterly) | -7.15% |
| Operating Margin (Quarterly) | 2.02% |
| Return on Net Operating Assets | -8.49% |