Drilling Tools International Corp (DTI)
5.81
-0.11
(-1.86%)
USD |
NASDAQ |
Apr 30, 16:00
5.71
-0.10
(-1.72%)
After-Hours: 20:00
Drilling Tools International Gross Profit Margin (Quarterly): 77.04% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 77.04% |
| September 30, 2023 | 76.01% |
| June 30, 2023 | 76.66% |
| Date | Value |
|---|---|
| December 31, 2022 | 76.43% |
| September 30, 2022 | 75.49% |
| June 30, 2022 | 73.86% |
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
73.86%
Minimum
Jun 2022
77.04%
Maximum
Dec 2023
75.91%
Average
76.22%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Superior Drilling Products Inc | 46.57% |
| Natural Gas Services Group Inc | 36.16% |
| Newpark Resources Inc | 18.35% |
| Dril-Quip Inc | 27.43% |
| NOV Inc | 21.25% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 20.93% |
| Return on Assets | 12.50% |
| Return on Invested Capital | 19.74% |
| Profit Margin (Quarterly) | 10.86% |
| Operating Margin (Quarterly) | 12.87% |
| Return on Net Operating Assets | 12.76% |