Flex LNG Ltd (FLNG)
26.15
-0.03
(-0.11%)
USD |
NYSE |
Nov 22, 14:20
Flex LNG Gross Profit Margin (Quarterly): 58.97% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 58.97% |
| June 30, 2024 | 55.76% |
| March 31, 2024 | 60.35% |
| December 31, 2023 | 61.54% |
| September 30, 2023 | 61.84% |
| June 30, 2023 | 58.14% |
| March 31, 2023 | 63.67% |
| December 31, 2022 | 64.64% |
| September 30, 2022 | 60.41% |
| June 30, 2022 | 59.74% |
| March 31, 2022 | 55.06% |
| December 31, 2021 | 69.17% |
| September 30, 2021 | 58.75% |
| June 30, 2021 | 49.02% |
| March 31, 2021 | 60.89% |
| December 31, 2020 | 56.25% |
| Date | Value |
|---|---|
| September 30, 2020 | 38.55% |
| June 30, 2020 | 40.36% |
| March 31, 2020 | 54.61% |
| December 31, 2019 | 66.95% |
| September 30, 2019 | 54.88% |
| June 30, 2019 | 33.82% |
| March 31, 2019 | 25.65% |
| December 31, 2018 | 64.41% |
| September 30, 2018 | 44.00% |
| June 30, 2018 | 16.84% |
| March 31, 2018 | 5.53% |
| December 31, 2017 | 26.17% |
| September 30, 2017 | -33.08% |
| June 30, 2017 | -80.28% |
| March 31, 2017 | -94.41% |
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
38.55%
Minimum
Sep 2020
69.17%
Maximum
Dec 2021
57.73%
Average
59.36%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Cool Co Ltd | 59.11% |
| DHT Holdings Inc | 32.68% |
| Golar LNG Ltd | -- |
| Nabors Industries Ltd | 19.25% |
| Borr Drilling Ltd | 86.84% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 10.96% |
| Return on Assets | 3.45% |
| Return on Invested Capital | 4.42% |
| Profit Margin (Quarterly) | 19.24% |
| Operating Margin (Quarterly) | 56.90% |
| Return on Net Operating Assets | 4.09% |