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NCS Multistage Holdings (FRA:MUH0) Gross Profit : €46.1 Mil (TTM As of Mar. 2024)


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What is NCS Multistage Holdings Gross Profit?

NCS Multistage Holdings's gross profit for the three months ended in Mar. 2024 was €15.0 Mil. NCS Multistage Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €46.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NCS Multistage Holdings's gross profit for the three months ended in Mar. 2024 was €15.0 Mil. NCS Multistage Holdings's Revenue for the three months ended in Mar. 2024 was €40.3 Mil. Therefore, NCS Multistage Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 37.24%.

NCS Multistage Holdings had a gross margin of 37.24% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of NCS Multistage Holdings was 44.42%. The lowest was 19.37%. And the median was 36.04%.

Warning Sign:

NCS Multistage Holdings Inc gross margin has been in long-term decline. The average rate of decline per year is -4.3%.


NCS Multistage Holdings Gross Profit Historical Data

The historical data trend for NCS Multistage Holdings's Gross Profit 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.

NCS Multistage Holdings Gross Profit Chart

NCS Multistage Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 78.32 31.38 38.92 52.94 46.76

NCS Multistage Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 16.28 6.78 13.63 10.70 15.03

Competitive Comparison of NCS Multistage Holdings's Gross Profit

For the Oil & Gas Equipment & Services subindustry, NCS Multistage Holdings's Gross Profit, along with its competitors' market caps and Gross Profit 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.


NCS Multistage Holdings's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NCS Multistage Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where NCS Multistage Holdings's Gross Profit falls into.



NCS Multistage Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

NCS Multistage Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=130.646 - 83.891
=46.8

NCS Multistage Holdings's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=40.349 - 25.324
=15.0

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €46.1 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

NCS Multistage Holdings's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=15.0 / 40.349
=37.24 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


NCS Multistage Holdings  (FRA:MUH0) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

NCS Multistage Holdings had a gross margin of 37.24% for the quarter that ended in Mar. 2024 => Competition eroding margins


NCS Multistage Holdings Gross Profit Related Terms

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NCS Multistage Holdings (FRA:MUH0) Business Description

Traded in Other Exchanges
Address
19350 State Highway 249, Suite 600, Houston, TX, USA, 77070
NCS Multistage Holdings Inc provides products and support services that facilitate the optimization of oil and natural gas well completions and field development strategies. NCS provides its products and services primarily to exploration and production companies for use in onshore wells, predominantly wells that have been drilled with horizontal laterals in unconventional oil and natural gas formations. The company's primary offering is its fracturing systems products and services, which enable efficient pinpoint stimulation: the process of individually stimulating each entry point into a formation targeted by an oil or natural gas well. Geographically, majority of revenue is generated from United States.

NCS Multistage Holdings (FRA:MUH0) Headlines

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