Nine Energy Service Inc (NINE)
0.9724
-0.05
(-4.67%)
USD |
NYSE |
Nov 05, 09:48
Nine Energy Service Gross Profit Margin (Quarterly): 11.35% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 11.35% |
| June 30, 2024 | 8.27% |
| March 31, 2024 | 11.67% |
| December 31, 2023 | 10.92% |
| September 30, 2023 | 9.08% |
| June 30, 2023 | 14.65% |
| March 31, 2023 | 15.90% |
| December 31, 2022 | 17.99% |
| September 30, 2022 | 20.62% |
| June 30, 2022 | 13.58% |
| March 31, 2022 | 10.44% |
| December 31, 2021 | 4.03% |
| September 30, 2021 | 3.27% |
| June 30, 2021 | -3.93% |
| March 31, 2021 | -11.31% |
| December 31, 2020 | -27.05% |
| September 30, 2020 | -29.92% |
| Date | Value |
|---|---|
| June 30, 2020 | -31.35% |
| March 31, 2020 | 5.39% |
| December 31, 2019 | 4.90% |
| September 30, 2019 | 9.22% |
| June 30, 2019 | 14.52% |
| March 31, 2019 | 14.32% |
| December 31, 2018 | 17.29% |
| September 30, 2018 | 16.95% |
| June 30, 2018 | 13.04% |
| March 31, 2018 | 11.84% |
| December 31, 2017 | 8.70% |
| September 30, 2017 | 8.71% |
| June 30, 2017 | 6.21% |
| March 31, 2017 | -1.71% |
| December 31, 2016 | -4.02% |
| September 30, 2016 | -9.35% |
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
-31.35%
Minimum
Jun 2020
20.62%
Maximum
Sep 2022
2.93%
Average
8.67%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Core Laboratories Inc | 17.80% |
| MPLX LP | 44.37% |
| Archrock Inc | 41.49% |
| Viper Energy Inc | 70.65% |
| Black Stone Minerals LP | 76.21% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Assets | -11.17% |
| Return on Invested Capital | -15.34% |
| Profit Margin (Quarterly) | -7.34% |
| Operating Margin (Quarterly) | 2.40% |
| Return on Net Operating Assets | -12.12% |