Patterson-UTI Energy Inc (PTEN)
11.22
-0.12
(-1.02%)
USD |
NASDAQ |
Apr 17, 16:00
11.27
+0.06
(+0.49%)
After-Hours: 07:16
Patterson-UTI Energy Gross Profit Margin (Quarterly): 11.77% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 11.77% |
| September 30, 2023 | 12.10% |
| June 30, 2023 | 18.97% |
| March 31, 2023 | 19.07% |
| December 31, 2022 | 18.94% |
| September 30, 2022 | 14.40% |
| June 30, 2022 | 8.64% |
| March 31, 2022 | 1.81% |
| December 31, 2021 | -69.37% |
| September 30, 2021 | -19.07% |
| June 30, 2021 | -29.99% |
| March 31, 2021 | -39.31% |
| December 31, 2020 | -46.29% |
| September 30, 2020 | -44.14% |
| June 30, 2020 | -34.93% |
| March 31, 2020 | -15.14% |
| December 31, 2019 | -10.41% |
| September 30, 2019 | -42.70% |
| June 30, 2019 | -0.08% |
| March 31, 2019 | 0.06% |
| December 31, 2018 | 3.25% |
| September 30, 2018 | -5.56% |
| June 30, 2018 | 2.37% |
| March 31, 2018 | 1.27% |
| December 31, 2017 | 1.05% |
| Date | Value |
|---|---|
| September 30, 2017 | -0.52% |
| June 30, 2017 | -11.63% |
| March 31, 2017 | -26.72% |
| December 31, 2016 | -40.40% |
| September 30, 2016 | -53.81% |
| June 30, 2016 | -57.79% |
| March 31, 2016 | -29.24% |
| December 31, 2015 | -18.77% |
| September 30, 2015 | -44.46% |
| June 30, 2015 | -1.81% |
| March 31, 2015 | 8.21% |
| December 31, 2014 | 13.51% |
| September 30, 2014 | 5.36% |
| June 30, 2014 | 13.69% |
| March 31, 2014 | 11.31% |
| December 31, 2013 | 7.52% |
| September 30, 2013 | 19.53% |
| June 30, 2013 | 13.33% |
| March 31, 2013 | 16.86% |
| December 31, 2012 | 17.66% |
| September 30, 2012 | 16.14% |
| June 30, 2012 | 20.45% |
| March 31, 2012 | 22.89% |
| December 31, 2011 | -20.86% |
| September 30, 2011 | 38.22% |
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
-69.37%
Minimum
Dec 2021
19.07%
Maximum
Mar 2023
-12.93%
Average
-10.41%
Median
Dec 2019
Gross Profit Margin (Quarterly) Benchmarks
| Helmerich & Payne Inc | 26.56% |
| Schlumberger Ltd | 19.98% |
| Baker Hughes Co | 21.17% |
| Halliburton Co | 19.74% |
| Magnolia Oil & Gas Corp | 57.74% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 8.36% |
| Return on Assets | 5.09% |
| Return on Invested Capital | 6.25% |
| Profit Margin (Quarterly) | 3.91% |
| Operating Margin (Quarterly) | 8.36% |
| Return on Net Operating Assets | 5.29% |