Independence Contract Drilling Inc (ICD)
1.84
-0.08
(-4.17%)
USD |
NYSE |
Apr 24, 16:00
1.84
0.00 (0.00%)
After-Hours: 20:00
Independence Contract Drilling Gross Profit Margin (Quarterly): 7.21% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 7.21% |
| September 30, 2023 | 14.58% |
| June 30, 2023 | 19.74% |
| March 31, 2023 | 24.22% |
| December 31, 2022 | 22.54% |
| September 30, 2022 | 15.56% |
| June 30, 2022 | 8.42% |
| March 31, 2022 | -5.50% |
| December 31, 2021 | -18.06% |
| September 30, 2021 | -24.24% |
| June 30, 2021 | -34.01% |
| March 31, 2021 | -57.83% |
| December 31, 2020 | -72.39% |
| September 30, 2020 | -90.04% |
| June 30, 2020 | -17.63% |
| March 31, 2020 | -8.45% |
| December 31, 2019 | -0.26% |
| September 30, 2019 | -0.73% |
| June 30, 2019 | 7.67% |
| March 31, 2019 | 16.09% |
| December 31, 2018 | 19.10% |
| September 30, 2018 | 11.21% |
| Date | Value |
|---|---|
| June 30, 2018 | 4.69% |
| March 31, 2018 | 0.43% |
| December 31, 2017 | -1.85% |
| September 30, 2017 | -5.68% |
| June 30, 2017 | -4.03% |
| March 31, 2017 | -4.54% |
| December 31, 2016 | -1.31% |
| September 30, 2016 | -19.30% |
| June 30, 2016 | 12.81% |
| March 31, 2016 | 18.09% |
| December 31, 2015 | 13.64% |
| September 30, 2015 | 14.91% |
| June 30, 2015 | 18.29% |
| March 31, 2015 | 22.02% |
| December 31, 2014 | 24.68% |
| September 30, 2014 | 15.68% |
| June 30, 2014 | 10.07% |
| March 31, 2014 | 10.01% |
| December 31, 2013 | 11.56% |
| September 30, 2013 | 15.98% |
| June 30, 2013 | 6.45% |
| March 31, 2013 | 2.36% |
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
-90.04%
Minimum
Sep 2020
24.22%
Maximum
Mar 2023
-11.01%
Average
-0.73%
Median
Sep 2019
Gross Profit Margin (Quarterly) Benchmarks
| Helmerich & Payne Inc | 26.56% |
| Camber Energy Inc | 27.91% |
| Patterson-UTI Energy Inc | 11.77% |
| Berry Corp (bry) | 33.97% |
| Battalion Oil Corp | 20.80% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -18.28% |
| Return on Assets | -9.04% |
| Return on Invested Capital | -10.49% |
| Profit Margin (Quarterly) | -56.62% |
| Operating Margin (Quarterly) | -6.47% |
| Return on Net Operating Assets | -9.25% |