Drilling Tools International Corp (DTI)
3.46
+0.07
(+2.06%)
USD |
NASDAQ |
Nov 21, 16:00
3.450
-0.01
(-0.29%)
After-Hours: 20:00
Drilling Tools International Gross Profit Margin (Quarterly): 60.13% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 60.13% |
| June 30, 2024 | 58.23% |
| March 31, 2024 | 62.40% |
| December 31, 2023 | 61.93% |
| September 30, 2023 | 62.10% |
| Date | Value |
|---|---|
| June 30, 2023 | 64.21% |
| March 31, 2023 | 64.57% |
| December 31, 2022 | 62.99% |
| September 30, 2022 | 62.30% |
| June 30, 2022 | 57.77% |
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
57.77%
Minimum
Jun 2022
64.57%
Maximum
Mar 2023
61.66%
Average
62.20%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Natural Gas Services Group Inc | 36.39% |
| NOV Inc | 21.41% |
| Newpark Resources Inc | 27.46% |
| Oil States International Inc | 13.84% |
| Cactus Inc | 38.99% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 8.50% |
| Return on Assets | 5.01% |
| Return on Invested Capital | 7.12% |
| Profit Margin (Quarterly) | 2.16% |
| Operating Margin (Quarterly) | 10.60% |
| Return on Net Operating Assets | 5.12% |