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Dril-Quip (FRA:DQU) Gross-Profit-to-Asset % : 12.47% (As of Mar. 2024)


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What is Dril-Quip Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Dril-Quip's annualized Gross Profit for the quarter that ended in Mar. 2024 was €117.3 Mil. Dril-Quip's average Total Assets over the quarter that ended in Mar. 2024 was €941.1 Mil. Therefore, Dril-Quip's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 12.47%.


Dril-Quip Gross-Profit-to-Asset % Historical Data

The historical data trend for Dril-Quip's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dril-Quip Gross-Profit-to-Asset % Chart

Dril-Quip Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.10 7.71 7.70 10.01 11.40

Dril-Quip Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.37 9.72 12.83 13.47 12.47

Competitive Comparison of Dril-Quip's Gross-Profit-to-Asset %

For the Oil & Gas Equipment & Services subindustry, Dril-Quip's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dril-Quip's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dril-Quip's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Dril-Quip's Gross-Profit-to-Asset % falls into.



Dril-Quip Gross-Profit-to-Asset % Calculation

Dril-Quip's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=105.966/( (915.634+942.842)/ 2 )
=105.966/929.238
=11.40 %

Dril-Quip's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=117.312/( (942.842+939.345)/ 2 )
=117.312/941.0935
=12.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Dril-Quip Gross-Profit-to-Asset % Related Terms

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Dril-Quip (FRA:DQU) Business Description

Industry
Traded in Other Exchanges
Address
2050 West Sam Houston Parkway S., Suite 1100, Houston, TX, USA, 77042
Dril-Quip Inc. designs, manufactures, sells and services engineered drilling and production equipment for both offshore and onshore applications. The Company's revenues are generated from three sources, Product revenues are derived from the sale of drilling and production equipment. Service revenues are earned when the Company provides technical advisory assistance and rework and reconditioning services. Leasing revenues are derived from rental tools used during the installation and retrieval of the Company's products. The Company's operations are organized into three geographic segments, Western Hemisphere (including North and South America), Eastern Hemisphere (including Europe and Africa) and Asia-Pacific (including the Pacific Rim, Southeast Asia, Australia, India and the Middle East).

Dril-Quip (FRA:DQU) Headlines

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