Forum Energy Technologies Inc (FET)
19.13
-0.26
(-1.34%)
USD |
NYSE |
Apr 26, 09:45
Forum Energy Technologies Gross Profit Margin (Quarterly): 26.85% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 26.85% |
| September 30, 2023 | 28.46% |
| June 30, 2023 | 27.67% |
| March 31, 2023 | 27.57% |
| December 31, 2022 | 26.21% |
| September 30, 2022 | 28.25% |
| June 30, 2022 | 28.20% |
| March 31, 2022 | 24.89% |
| December 31, 2021 | 20.31% |
| September 30, 2021 | 24.73% |
| June 30, 2021 | 23.43% |
| March 31, 2021 | 22.87% |
| December 31, 2020 | -52.34% |
| September 30, 2020 | 12.65% |
| June 30, 2020 | 11.39% |
| March 31, 2020 | 12.10% |
| December 31, 2019 | 24.49% |
| September 30, 2019 | 26.18% |
| June 30, 2019 | 25.72% |
| March 31, 2019 | 25.79% |
| December 31, 2018 | 15.34% |
| September 30, 2018 | 27.91% |
| June 30, 2018 | 26.52% |
| March 31, 2018 | 26.89% |
| December 31, 2017 | 21.39% |
| Date | Value |
|---|---|
| September 30, 2017 | 23.93% |
| June 30, 2017 | 24.49% |
| March 31, 2017 | 22.78% |
| December 31, 2016 | 20.80% |
| September 30, 2016 | 21.18% |
| June 30, 2016 | 3.70% |
| March 31, 2016 | 21.67% |
| December 31, 2015 | 1.48% |
| September 30, 2015 | 26.84% |
| June 30, 2015 | 29.84% |
| March 31, 2015 | 31.35% |
| December 31, 2014 | 32.25% |
| September 30, 2014 | 32.43% |
| June 30, 2014 | 32.22% |
| March 31, 2014 | 31.67% |
| December 31, 2013 | 30.67% |
| September 30, 2013 | 32.08% |
| June 30, 2013 | 31.12% |
| March 31, 2013 | 30.78% |
| December 31, 2012 | 29.48% |
| September 30, 2012 | 33.50% |
| June 30, 2012 | 32.88% |
| March 31, 2012 | 34.79% |
| December 31, 2011 | 33.82% |
| September 30, 2011 | 34.03% |
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
-52.34%
Minimum
Dec 2020
28.46%
Maximum
Sep 2023
19.45%
Average
24.89%
Median
Mar 2022
Gross Profit Margin (Quarterly) Benchmarks
| Dril-Quip Inc | 27.43% |
| Geospace Technologies Corp | 44.44% |
| Superior Drilling Products Inc | 46.57% |
| ChampionX Corp | 29.91% |
| Drilling Tools International Corp | 77.04% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -4.78% |
| Return on Assets | -2.26% |
| Return on Invested Capital | -3.41% |
| Profit Margin (Quarterly) | -9.06% |
| Operating Margin (Quarterly) | 2.54% |
| Return on Net Operating Assets | -2.47% |