Borr Drilling Ltd (BORR)
5.515
+0.06
(+1.19%)
USD |
NYSE |
Apr 26, 16:00
5.515
0.00 (0.00%)
After-Hours: 20:00
Borr Drilling Gross Profit Margin (Quarterly): 86.04% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 86.04% |
| September 30, 2023 | 84.13% |
| June 30, 2023 | 85.07% |
| March 31, 2023 | 83.60% |
| December 31, 2022 | 80.96% |
| September 30, 2022 | 72.94% |
| June 30, 2022 | 71.98% |
| March 31, 2022 | 64.02% |
| December 31, 2021 | 47.32% |
| September 30, 2021 | 61.10% |
| June 30, 2021 | 51.82% |
| March 31, 2021 | 41.32% |
| December 31, 2020 | 51.66% |
| Date | Value |
|---|---|
| September 30, 2020 | 51.18% |
| June 30, 2020 | 67.26% |
| March 31, 2020 | 68.88% |
| December 31, 2019 | 69.11% |
| September 30, 2019 | 70.89% |
| June 30, 2019 | 63.39% |
| March 31, 2019 | 39.69% |
| December 31, 2018 | 39.63% |
| September 30, 2018 | 37.22% |
| June 30, 2018 | 45.21% |
| March 31, 2018 | -15.09% |
| December 31, 2017 | -8.60K% |
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
41.32%
Minimum
Mar 2021
86.04%
Maximum
Dec 2023
66.98%
Average
68.88%
Median
Mar 2020
Gross Profit Margin (Quarterly) Benchmarks
| Valaris Ltd | 11.22% |
| DHT Holdings Inc | 33.77% |
| Golar LNG Ltd | 53.43% |
| Nabors Industries Ltd | 19.26% |
| Teekay Corp | 33.82% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 2.40% |
| Return on Assets | 0.72% |
| Return on Invested Capital | 0.85% |
| Profit Margin (Quarterly) | 12.87% |
| Operating Margin (Quarterly) | 36.49% |
| Return on Net Operating Assets | 0.78% |