Diamond Offshore Drilling (Diamond Offshore Drilling) Net Margin %

: -48.95% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Diamond Offshore Drilling's Net Income for the three months ended in Dec. 2023 was $-146 Mil. Diamond Offshore Drilling's Revenue for the three months ended in Dec. 2023 was $298 Mil. Therefore, Diamond Offshore Drilling's net margin for the quarter that ended in Dec. 2023 was -48.95%.

The historical rank and industry rank for Diamond Offshore Drilling's Net Margin % or its related term are showing as below:

DO' s Net Margin % Range Over the Past 10 Years
Min: -171.04 Med: -12.27 Max: -4.23
Current: -4.23

DO's Net Margin % is ranked worse than
74.64% of 974 companies
in the Oil & Gas industry
Industry Median: 4.145 vs DO: -4.23

Diamond Offshore Drilling Net Margin % Historical Data

The historical data trend for Diamond Offshore Drilling's Net Margin % 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.

Diamond Offshore Drilling Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Margin %

-171.04

-12.27

-4.23

Diamond Offshore Drilling Quarterly Data
	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %							-23.49	3.12	84.81	-59.20	-48.95

Competitive Comparison

For the Oil & Gas Drilling subindustry, Diamond Offshore Drilling's Net Margin %, along with its competitors' market caps and Net Margin % 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.

Diamond Offshore Drilling Net Margin % Distribution

For the Oil & Gas industry and Energy sector, Diamond Offshore Drilling's Net Margin % distribution charts can be found below:

* The bar in red indicates where Diamond Offshore Drilling's Net Margin % falls into.

Diamond Offshore Drilling Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Diamond Offshore Drilling's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-44.706	/	1056.179
	=	-4.23 %

Diamond Offshore Drilling's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-145.702	/	297.637
	=	-48.95 %

Diamond Offshore Drilling (NYSE:DO) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Diamond Offshore Drilling Net Margin % Related Terms

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Diamond Offshore Drilling (Diamond Offshore Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Diamond Offshore Drilling Inc (NYSE:DO) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

DO10:Germany

Address

15415 Katy Freeway, Houston, TX, USA, 77094

Website

http://www.diamondoffshore.com

Diamond Offshore Drilling Inc is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 12 offshore drilling rigs, consisting of eight semisubmersibles and four dynamically positioned drillships.

Executives

Dominic A Savarino	officer: VP and Chief Acct/Tax Officer	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Patrice D Douglas	director	1712 CROSSBOW, EDMOND OK 73034
Benjamin Duster	director	200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Ane Launy	director	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Patrick Carey Lowe	director	6 CHESTERFIELD GARDENS, 3RD FLOOR, LONDON X0 W1J 5BQ
Adam C Peakes	director	13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Bernie G. Wolford	director, officer: President and CEO	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 770904
Neal P Goldman	director	10700 PARKRIDGE BLVD., RESTON VA 20191
John Hollowell	director	ONE SHELL PLAZA, 910 LOUISIANA STREET, HOUSTON TX 77002
Raj Iyer	director	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Peter Mcteague	director	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Alan H Howard	director
Anatol Feygin	director	700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Scott Lee Kornblau	officer: Acting Chief Financial Officer	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Thomas Roth	officer: Senior Vice President	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094