NOV Inc (NOV)
18.50
+0.03
(+0.16%)
USD |
NYSE |
Apr 18, 16:00
18.50
0.00 (0.00%)
Pre-Market: 05:47
NOV Gross Profit Margin (Quarterly): 21.21% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 21.21% |
| September 30, 2023 | 21.42% |
| June 30, 2023 | 21.83% |
| March 31, 2023 | 20.95% |
| December 31, 2022 | 21.37% |
| September 30, 2022 | 19.48% |
| June 30, 2022 | 17.89% |
| March 31, 2022 | 13.82% |
| December 31, 2021 | 13.32% |
| September 30, 2021 | 13.80% |
| June 30, 2021 | 16.30% |
| March 31, 2021 | 12.49% |
| December 31, 2020 | -4.97% |
| September 30, 2020 | 10.04% |
| June 30, 2020 | 9.16% |
| March 31, 2020 | 11.90% |
| December 31, 2019 | 16.48% |
| September 30, 2019 | 7.10% |
| June 30, 2019 | 2.91% |
| March 31, 2019 | 13.20% |
| December 31, 2018 | 17.06% |
| September 30, 2018 | 18.25% |
| June 30, 2018 | 16.86% |
| March 31, 2018 | 15.99% |
| December 31, 2017 | 8.48% |
| Date | Value |
|---|---|
| September 30, 2017 | 15.53% |
| June 30, 2017 | 13.13% |
| March 31, 2017 | 12.00% |
| December 31, 2016 | -27.13% |
| September 30, 2016 | 4.80% |
| June 30, 2016 | 2.03% |
| March 31, 2016 | 11.15% |
| December 31, 2015 | 14.25% |
| September 30, 2015 | 20.33% |
| June 30, 2015 | 21.87% |
| March 31, 2015 | 24.42% |
| December 31, 2014 | 26.99% |
| September 30, 2014 | 27.35% |
| June 30, 2014 | 27.69% |
| March 31, 2014 | 26.39% |
| December 31, 2013 | 26.48% |
| September 30, 2013 | 27.97% |
| June 30, 2013 | 25.06% |
| March 31, 2013 | 23.82% |
| December 31, 2012 | 38.69% |
| September 30, 2012 | 25.78% |
| June 30, 2012 | 27.59% |
| March 31, 2012 | 29.44% |
| December 31, 2011 | 29.94% |
| September 30, 2011 | 31.12% |
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
-4.97%
Minimum
Dec 2020
21.83%
Maximum
Jun 2023
14.03%
Average
13.82%
Median
Mar 2022
Gross Profit Margin (Quarterly) Benchmarks
| Cactus Inc | -- |
| Dril-Quip Inc | 27.43% |
| Natural Gas Services Group Inc | 36.16% |
| Superior Drilling Products Inc | 46.57% |
| Drilling Tools International Corp | 77.04% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 17.89% |
| Return on Assets | 9.45% |
| Return on Invested Capital | 13.64% |
| Profit Margin (Quarterly) | 25.52% |
| Operating Margin (Quarterly) | 6.87% |
| Return on Net Operating Assets | 11.01% |