Nabors Industries Ltd (NBR)
74.23
+3.87
(+5.50%)
USD |
NYSE |
May 03, 16:00
74.22
-0.02
(-0.02%)
After-Hours: 20:00
Nabors Industries Gross Profit Margin (Quarterly): 18.94% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 18.94% |
| December 31, 2023 | 19.26% |
| September 30, 2023 | 17.02% |
| June 30, 2023 | 19.79% |
| March 31, 2023 | 19.74% |
| December 31, 2022 | 17.64% |
| September 30, 2022 | 13.25% |
| June 30, 2022 | 10.32% |
| March 31, 2022 | 5.53% |
| December 31, 2021 | 5.22% |
| September 30, 2021 | 2.72% |
| June 30, 2021 | 0.43% |
| March 31, 2021 | -1.61% |
| December 31, 2020 | -8.92% |
| September 30, 2020 | -8.88% |
| June 30, 2020 | -0.70% |
| March 31, 2020 | 4.10% |
| December 31, 2019 | 7.31% |
| September 30, 2019 | 8.05% |
| June 30, 2019 | 7.31% |
| March 31, 2019 | 8.54% |
| December 31, 2018 | 5.76% |
| September 30, 2018 | 9.46% |
| June 30, 2018 | 6.52% |
| March 31, 2018 | 6.18% |
| Date | Value |
|---|---|
| December 31, 2017 | 3.18% |
| September 30, 2017 | 0.57% |
| June 30, 2017 | 0.91% |
| March 31, 2017 | -5.11% |
| December 31, 2016 | -1.63% |
| September 30, 2016 | -1.43% |
| June 30, 2016 | 1.99% |
| March 31, 2016 | 2.80% |
| December 31, 2015 | 8.47% |
| September 30, 2015 | 10.53% |
| June 30, 2015 | 18.14% |
| March 31, 2015 | 15.13% |
| December 31, 2014 | 16.56% |
| September 30, 2014 | 19.03% |
| June 30, 2014 | 16.55% |
| March 31, 2014 | 15.46% |
| December 31, 2013 | 18.45% |
| September 30, 2013 | 19.11% |
| June 30, 2013 | 15.05% |
| March 31, 2013 | 17.66% |
| December 31, 2012 | 18.05% |
| September 30, 2012 | 20.65% |
| June 30, 2012 | 20.31% |
| March 31, 2012 | 24.23% |
| December 31, 2011 | -16.64% |
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
-8.92%
Minimum
Dec 2020
19.79%
Maximum
Jun 2023
7.83%
Average
7.31%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Patterson-UTI Energy Inc | 10.48% |
| Teekay Corp | 33.82% |
| Magnolia Oil & Gas Corp | 57.74% |
| Camber Energy Inc | 27.91% |
| Battalion Oil Corp | 20.80% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -7.55% |
| Return on Assets | -2.00% |
| Return on Invested Capital | -2.44% |
| Profit Margin (Quarterly) | -4.68% |
| Operating Margin (Quarterly) | 8.63% |
| Return on Net Operating Assets | -2.82% |