W&T Offshore Inc (WTI)
2.14
+0.05
(+2.39%)
USD |
NYSE |
Nov 04, 16:00
2.135
0.00 (0.00%)
Pre-Market: 20:00
W&T Offshore Gross Profit Margin (Quarterly): 68.30% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 68.30% |
| March 31, 2024 | 70.54% |
| December 31, 2023 | 69.56% |
| September 30, 2023 | 74.08% |
| June 30, 2023 | 72.28% |
| March 31, 2023 | 78.17% |
| December 31, 2022 | 81.15% |
| September 30, 2022 | 85.11% |
| June 30, 2022 | 86.54% |
| March 31, 2022 | 84.32% |
| December 31, 2021 | 80.53% |
| September 30, 2021 | 79.54% |
| June 30, 2021 | 76.13% |
| March 31, 2021 | 78.44% |
| December 31, 2020 | 90.14% |
| September 30, 2020 | 58.70% |
| June 30, 2020 | 38.58% |
| March 31, 2020 | 63.35% |
| December 31, 2019 | 82.84% |
| September 30, 2019 | 65.68% |
| June 30, 2019 | 66.25% |
| March 31, 2019 | 65.02% |
| December 31, 2018 | 83.45% |
| September 30, 2018 | 71.86% |
| June 30, 2018 | 69.84% |
| Date | Value |
|---|---|
| March 31, 2018 | 67.52% |
| December 31, 2017 | 79.16% |
| September 30, 2017 | 62.88% |
| June 30, 2017 | 62.59% |
| March 31, 2017 | 62.45% |
| December 31, 2016 | 75.61% |
| September 30, 2016 | 46.80% |
| June 30, 2016 | 35.52% |
| March 31, 2016 | 10.76% |
| December 31, 2015 | 50.34% |
| September 30, 2015 | 19.36% |
| June 30, 2015 | 26.79% |
| March 31, 2015 | -2.36% |
| December 31, 2014 | 39.50% |
| September 30, 2014 | 42.61% |
| June 30, 2014 | 49.02% |
| March 31, 2014 | 48.69% |
| December 31, 2013 | 49.25% |
| September 30, 2013 | 55.20% |
| June 30, 2013 | 54.85% |
| March 31, 2013 | 55.60% |
| December 31, 2012 | 62.18% |
| September 30, 2012 | 56.10% |
| June 30, 2012 | 57.60% |
| March 31, 2012 | 60.07% |
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
38.58%
Minimum
Jun 2020
90.14%
Maximum
Dec 2020
74.65%
Average
78.17%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
| SM Energy Co | 45.31% |
| APA Corp | 45.77% |
| VAALCO Energy Inc | 19.96% |
| Ring Energy Inc | 50.32% |
| SandRidge Energy Inc | 36.12% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -112.6% |
| Return on Assets | -2.24% |
| Return on Invested Capital | -6.03% |
| Profit Margin (Quarterly) | -10.78% |
| Operating Margin (Quarterly) | -4.37% |
| Return on Net Operating Assets | -2.89% |