Expro Group Holdings NV (FRA:FK2) COGS-to-Revenue : 0.91 (As of Mar. 2024)

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What is Expro Group Holdings NV COGS-to-Revenue?

Expro Group Holdings NV's Cost of Goods Sold for the three months ended in Mar. 2024 was €321 Mil. Its Revenue for the three months ended in Mar. 2024 was €353 Mil.

Expro Group Holdings NV's COGS to Revenue for the three months ended in Mar. 2024 was 0.91.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Expro Group Holdings NV's Gross Margin % for the three months ended in Mar. 2024 was 9.09%.

Expro Group Holdings NV COGS-to-Revenue Historical Data

The historical data trend for Expro Group Holdings NV's COGS-to-Revenue 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.

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Expro Group Holdings NV COGS-to-Revenue Chart

Expro Group Holdings NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.99

1.01

1.00

0.94

0.93

Expro Group Holdings NV Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial										0.96	0.90	0.96	0.93	0.91

Expro Group Holdings NV COGS-to-Revenue Calculation

Expro Group Holdings NV's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1296.23	/	1387.205
	=	0.93

Expro Group Holdings NV's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	320.742	/	352.81
	=	0.91

Expro Group Holdings NV (FRA:FK2) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Expro Group Holdings NV's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	320.742 / 352.81
	=	9.09 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Expro Group Holdings NV COGS-to-Revenue Related Terms

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Expro Group Holdings NV (FRA:FK2) Business Description

Industry

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XPRO:USA

Address

1311 Broadfield Boulevard., Suite 400, Houston, TX, USA, 77084

Website

https://www.expro.com

Expro Group offers products and services that span the well life cycle, including well construction, well flow management, well intervention and integrity, and subsea well access. It maintains operations around the world and specializes in offshore production solutions, capabilities enhanced by the 2021 merger with Frank's International. It also provides production optimization for both onshore and offshore applications. The majority of its business relies on international and offshore markets, representing about 80% and 70% of annual revenue, respectively.

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