Noble Corp PLC (NE)
43.65
-0.73
(-1.64%)
USD |
NYSE |
May 01, 16:00
43.65
0.00 (0.00%)
After-Hours: 17:46
Noble Gross Profit Margin (Quarterly): 25.22% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 25.22% |
| September 30, 2023 | 35.76% |
| June 30, 2023 | 28.17% |
| March 31, 2023 | 24.97% |
| December 31, 2022 | 25.56% |
| Date | Value |
|---|---|
| September 30, 2022 | 26.56% |
| June 30, 2022 | 21.82% |
| March 31, 2022 | 2.41% |
| September 30, 2021 | 8.03% |
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
2.41%
Minimum
Mar 2022
35.76%
Maximum
Sep 2023
22.05%
Average
25.22%
Median
Dec 2023
Gross Profit Margin (Quarterly) Benchmarks
| Helmerich & Payne Inc | 26.39% |
| Patterson-UTI Energy Inc | 11.77% |
| Baker Hughes Co | 19.91% |
| Seadrill Ltd | 19.85% |
| Diamond Offshore Drilling Inc | 21.44% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 12.83% |
| Return on Assets | 9.17% |
| Return on Invested Capital | 11.09% |
| Profit Margin (Quarterly) | 23.28% |
| Operating Margin (Quarterly) | 20.09% |
| Return on Net Operating Assets | 10.38% |