Seadrill Ltd (SDRL)
52.13
-0.06
(-0.11%)
USD |
NYSE |
May 21, 15:27
Seadrill Gross Profit Margin (Quarterly): 24.80% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 24.80% |
December 31, 2023 | 19.85% |
September 30, 2023 | 31.88% |
June 30, 2023 | 32.85% |
March 31, 2023 | 24.06% |
Date | Value |
---|---|
September 30, 2022 | 13.75% |
June 30, 2022 | 16.21% |
December 31, 2021 | 13.45% |
September 30, 2021 | 0.45% |
June 30, 2021 | -30.14% |
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
-30.14%
Minimum
Jun 2021
32.85%
Maximum
Jun 2023
14.72%
Average
18.03%
Median
Gross Profit Margin (Quarterly) Benchmarks
Hess Corp | 69.02% |
Magnolia Oil & Gas Corp | 55.16% |
Diamond Offshore Drilling Inc | 15.94% |
Camber Energy Inc | 25.73% |
Battalion Oil Corp | 48.87% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 11.44% |
Return on Assets | 8.20% |
Return on Invested Capital | 9.67% |
Profit Margin (Quarterly) | 16.35% |
Operating Margin (Quarterly) | 22.34% |
Return on Net Operating Assets | 11.34% |