NorAm Drilling AS (FRA:TM9) FCF Margin % : 19.21% (As of Mar. 2024)

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What is NorAm Drilling AS FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. NorAm Drilling AS's Free Cash Flow for the three months ended in Mar. 2024 was €4.4 Mil. NorAm Drilling AS's Revenue for the three months ended in Mar. 2024 was €23.0 Mil. Therefore, NorAm Drilling AS's FCF Margin % for the quarter that ended in Mar. 2024 was 19.21%.

As of today, NorAm Drilling AS's current FCF Yield % is 22.10%.

The historical rank and industry rank for NorAm Drilling AS's FCF Margin % or its related term are showing as below:

FRA:TM9' s FCF Margin % Range Over the Past 10 Years
Min: -10.59 Med: 6.74 Max: 35.12
Current: 30.48

During the past 5 years, the highest FCF Margin % of NorAm Drilling AS was 35.12%. The lowest was -10.59%. And the median was 6.74%.

FRA:TM9's FCF Margin % is ranked better than
90% of 970 companies
in the Oil & Gas industry
Industry Median: 2.795 vs FRA:TM9: 30.48

NorAm Drilling AS FCF Margin % Historical Data

The historical data trend for NorAm Drilling AS's FCF 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.

NorAm Drilling AS FCF Margin % Chart

NorAm Drilling AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Margin %

5.39

6.74

-10.59

13.29

35.12

NorAm Drilling AS Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Margin %	Get a 7-Day Free Trial								39.01	38.43	49.81	8.72	19.21

Competitive Comparison of NorAm Drilling AS's FCF Margin %

For the Oil & Gas Equipment & Services subindustry, NorAm Drilling AS's FCF Margin %, along with its competitors' market caps and FCF 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.

NorAm Drilling AS's FCF Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NorAm Drilling AS's FCF Margin % distribution charts can be found below:

* The bar in red indicates where NorAm Drilling AS's FCF Margin % falls into.

NorAm Drilling AS FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

NorAm Drilling AS's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	38.092	/	108.475
	=	35.12 %

NorAm Drilling AS's FCF Margin for the quarter that ended in Mar. 2024 is calculated as

FCF Margin	=	Free Cash Flow (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	4.425	/	23.033
	=	19.21 %

NorAm Drilling AS FCF Margin % Related Terms

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NorAm Drilling AS (FRA:TM9) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

NORAM:Norway TM9:Germany

Address

Bryggegata 3, P.O. Box 1327 - Vika, Oslo, NOR, 0112

Website

https://www.noramdrilling.com

NorAm Drilling AS owns and operates a quality rig portfolio of AC driven rigs tailored for the drilling of horizontal wells in the United States land drilling market. NorAm Drilling Company operates all eleven rigs and is financed through a combination of equity investments and intercompany loans, at arm's length terms, from its parent.

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