Var Energi ASA (VARRY)
6.60
0.00 (0.00%)
USD |
OTCM |
Jun 14, 16:00
Var Energi Profit Margin (Quarterly): 5.14% for March 31, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 5.14% |
| December 31, 2023 | 7.66% |
| September 30, 2023 | 11.67% |
| June 30, 2023 | 6.85% |
| March 31, 2023 | 9.33% |
| December 31, 2022 | 20.73% |
| September 30, 2022 | -1.99% |
| Date | Value |
|---|---|
| June 30, 2022 | 2.79% |
| March 31, 2022 | 17.35% |
| December 31, 2021 | 9.74% |
| September 30, 2021 | 9.65% |
| June 30, 2021 | 9.88% |
| March 31, 2021 | 15.57% |
| December 31, 2020 | -73.11% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
-73.11%
Minimum
Dec 2020
20.73%
Maximum
Dec 2022
3.66%
Average
9.49%
Median
Profit Margin (Quarterly) Benchmarks
| Equinor ASA | 10.63% |
| DNO ASA | 9.20% |
| Archer Ltd | -3.50% |
| Aker BP ASA | 17.40% |
| Panoro Energy ASA | 17.49% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 38.79% |
| Return on Assets | 2.71% |
| Return on Invested Capital | 10.76% |
| Gross Profit Margin (Quarterly) | 54.62% |
| Operating Margin (Quarterly) | 49.58% |
| Return on Net Operating Assets | 2.80% |