Independence Contract Drilling Inc (ICDI) Gross Profit Margin starting from the third quarter 2024 to third quarter 2023, Profitability Trends and Ranking, Fundamental Ratios - CSIMarket
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Independence Contract Drilling inc   (ICDI)


Independence Contract Drilling Inc 's Gross Profit Margin by quarter

Trends, Rankings, Statistics



ICDI Gross Profit Margin (Sep 30 2024)
Q3
(Jun 30 2024)
Q2
(Mar 31 2024)
Q1
(Dec 31 2023)
Q4
(Sep 30 2023)
Q3
Y / Y Revenue Change -13.98 %
Seq. Revenue Change -12.31 %
Revenue In Millions $37.99
Gross Profit Margin 21.89 %
Gross Profit Margin Total Ranking # 3072
Gross Profit In Millions $8.32
Y / Y Gross Profit Change -50.1 %
Seq. Gross Profit Change -29.46 %


Commenting Third Quarter 2024 Gross Profit Margin
Independence Contract Drilling inc experienced contraction in Gross Profit by -29.46 % to $38 millions and Revenue by -12.31 %, while Gross Profit Margin fell to 21.89 %, below company*s average Gross Profit Margin.


Observing third quarter 2024 results within Oil Well Services & Equipment industry 7 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin overall ranking has deteriorated relative to the three months before, from 2877 to 3072.
Learn about Gross Margin
ICDI's Gross Profit Margin third quarter 2024 Company Ranking
Within: No.
Oil Well Services & Equipment Industry # 8
Energy Sector # 62
Overall # 3031

Gross Profit Margin Statistics
High Average Low
51.18 % 29.98 % 6.44 %
(Jun 30 2016)   (Mar 31 2021)




Other Gross Profit Margin Profitability Ratios
ICDI's Cumulative Gross Profit Margin
Oil Well Services & Equipment Industry Gross Profit Margin Trends and Statistics
Energy Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
ICDI's Gross Profit Margin Profitability versus Oil Well Services & Equipment Industry, Energy Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for ICDI's Competitors
Gross Profit Margin Profit Margin for Independence Contract Drilling Inc 's Suppliers
Gross Profit Margin Profit Margin for ICDI's Customers

You may also want to know
ICDI's Annual Growth Rates ICDI's Profitability Ratios ICDI's Asset Turnover Ratio ICDI's Dividend Growth
ICDI's Roe ICDI's Valuation Ratios ICDI's Financial Strength Ratios ICDI's Gross Profit Growth
ICDI's Roa ICDI's Inventory Turnover Ratio ICDI's Growth Rates ICDI's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Sep 30 2024, within Oil Well Services & Equipment Industry Gross Profit MarginSep 30 2024 MRQ Gross ProfitSep 30 2024 MRQ Revenue
Noble Corporation Plc  45.76 %$ 366.357  Millions$ 800.549  Millions
Helmerich and Payne inc   41.19 %$ 285.750  Millions$ 693.793  Millions
Nabors Industries Ltd  41.01 %$ 300.100  Millions$ 731.805  Millions
Transocean ltd   40.61 %$ 385.000  Millions$ 948.000  Millions
Valaris Limited  28.14 %$ 181.000  Millions$ 643.100  Millions
Team Inc   25.42 %$ 53.524  Millions$ 210.524  Millions
Independence Contract Drilling inc   21.89 %$ 8.318  Millions$ 37.992  Millions




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