NOV Inc (NOV)
16.40
+0.14
(+0.86%)
USD |
NYSE |
Nov 21, 16:00
16.40
0.00 (0.00%)
Pre-Market: 20:00
NOV Gross Profit Margin (Quarterly): 21.41% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 21.41% |
| June 30, 2024 | 26.62% |
| March 31, 2024 | 21.25% |
| December 31, 2023 | 21.21% |
| September 30, 2023 | 21.42% |
| June 30, 2023 | 21.83% |
| March 31, 2023 | 20.95% |
| December 31, 2022 | 21.37% |
| September 30, 2022 | 19.48% |
| June 30, 2022 | 17.89% |
| March 31, 2022 | 13.82% |
| December 31, 2021 | 13.32% |
| September 30, 2021 | 13.80% |
| June 30, 2021 | 16.30% |
| March 31, 2021 | 12.49% |
| December 31, 2020 | -4.97% |
| September 30, 2020 | 10.04% |
| June 30, 2020 | 9.16% |
| March 31, 2020 | 11.90% |
| December 31, 2019 | 16.48% |
| September 30, 2019 | 7.10% |
| June 30, 2019 | 2.91% |
| March 31, 2019 | 13.20% |
| December 31, 2018 | 17.06% |
| September 30, 2018 | 18.25% |
| Date | Value |
|---|---|
| June 30, 2018 | 16.86% |
| March 31, 2018 | 15.99% |
| December 31, 2017 | 8.48% |
| September 30, 2017 | 15.53% |
| June 30, 2017 | 13.13% |
| March 31, 2017 | 12.00% |
| December 31, 2016 | -27.13% |
| September 30, 2016 | 4.80% |
| June 30, 2016 | 2.03% |
| March 31, 2016 | 11.15% |
| December 31, 2015 | 14.25% |
| September 30, 2015 | 20.33% |
| June 30, 2015 | 21.87% |
| March 31, 2015 | 24.42% |
| December 31, 2014 | 26.99% |
| September 30, 2014 | 27.35% |
| June 30, 2014 | 27.69% |
| March 31, 2014 | 26.39% |
| December 31, 2013 | 26.48% |
| September 30, 2013 | 27.97% |
| June 30, 2013 | 25.06% |
| March 31, 2013 | 23.82% |
| December 31, 2012 | 38.69% |
| September 30, 2012 | 25.78% |
| June 30, 2012 | 27.59% |
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
-4.97%
Minimum
Dec 2020
26.62%
Maximum
Jun 2024
16.29%
Average
17.19%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Natural Gas Services Group Inc | 36.39% |
| Newpark Resources Inc | 27.46% |
| Oil States International Inc | 13.84% |
| Cactus Inc | 38.99% |
| Drilling Tools International Corp | 60.13% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 17.26% |
| Return on Assets | 9.61% |
| Return on Invested Capital | 13.47% |
| Profit Margin (Quarterly) | 5.93% |
| Operating Margin (Quarterly) | 8.85% |
| Return on Net Operating Assets | 11.50% |