GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil States International Inc (NYSE:OIS) » Definitions » Gross Margin %

OIS (Oil States International) Gross Margin % : 13.84% (As of Sep. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Oil States International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Oil States International's Gross Profit for the three months ended in Sep. 2024 was $24.1 Mil. Oil States International's Revenue for the three months ended in Sep. 2024 was $174.3 Mil. Therefore, Oil States International's Gross Margin % for the quarter that ended in Sep. 2024 was 13.84%.


The historical rank and industry rank for Oil States International's Gross Margin % or its related term are showing as below:

OIS' s Gross Margin % Range Over the Past 10 Years
Min: -3.49   Med: 10.48   Max: 26.87
Current: 14.25


During the past 13 years, the highest Gross Margin % of Oil States International was 26.87%. The lowest was -3.49%. And the median was 10.48%.

OIS's Gross Margin % is ranked worse than
69.72% of 905 companies
in the Oil & Gas industry
Industry Median: 27.54 vs OIS: 14.25

Oil States International had a gross margin of 13.84% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Oil States International was 0.00% per year.


Oil States International Gross Margin % Historical Data

The historical data trend for Oil States International's Gross 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.

Oil States International Gross Margin % Chart

Oil States International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.99 -3.49 3.84 12.45 14.65

Oil States International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % 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 14.64 14.41 12.62 15.91 13.84

Competitive Comparison of Oil States International's Gross Margin %

For the Oil & Gas Equipment & Services subindustry, Oil States International's Gross Margin %, along with its competitors' market caps and Gross 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.


Oil States International's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Oil States International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Oil States International's Gross Margin % falls into.



Oil States International Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Oil States International's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=114.6 / 782.283
=(Revenue - Cost of Goods Sold) / Revenue
=(782.283 - 667.666) / 782.283
=14.65 %

Oil States International's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=24.1 / 174.348
=(Revenue - Cost of Goods Sold) / Revenue
=(174.348 - 150.224) / 174.348
=13.84 %

* 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.


Oil States International  (NYSE:OIS) Gross Margin % 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

Oil States International had a gross margin of 13.84% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Oil States International Gross Margin % Related Terms

Thank you for viewing the detailed overview of Oil States International's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Oil States International Business Description

Traded in Other Exchanges
Address
Three Allen Center, 333 Clay Street, Suite 4620, Houston, TX, USA, 77002
Oil States International Inc is a provider of manufactured products and services to the energy, industrial and military sectors. Manufactured products include engineered capital equipment as well as products consumed in the drilling, well construction and production of oil and natural gas. The company sells its products and services to national oil and natural gas companies, oil and natural gas companies, onshore and offshore drilling companies and other oilfield services, defense and industrial companies. The company operates through three business segments, Offshore/Manufactured Products, Well Site Services and Downhole Technologies. It erns maximum revenue from Offshore/Manufactured Products.
Executives
Philip Scott Moses officer: Executive VP,Offshore Products 333 CLAY STREET, SUITE 4620, HOUSTON TX 77002
Denise Castillo-rhodes director 8847 W. SAM HOUSTON PKWY. NORTH, SUITE 200, HOUSTON TX 77040
Christopher E Cragg officer: Vice President Tubular Service
Christopher T Seaver director 3300 NORTH SAM HOUSTON PKWY EAST, HOUSTON TX 77032-3411
Cindy B Taylor officer: SVP and CFO
Brian E. Taylor officer: VP, Controller & CAO P.O. BOX 60068, HOUSTON TX 77205-0068
Lias Jeff Steen officer: Vice President, HR & Legal 333 CLAY STREET, SUITE 4620, HOUSTON TX 77002
Van Kleef William T director
Hallie A. Vanderhider director 600 TRAVIS STREET, SUITE 3250, HOUSTON TX 77002
Darrell E Hollek director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
E Joseph Wright director 550 WEST TEXAS AVENUE, SUITE 1300, MIDLAND TX 79701
Robert L Potter director
Lawrence R Dickerson director 15415 KATY FREEWAY STE 100, HOUSTON TX 77094
B.v. Geodynamics 10 percent owner C/O LIME ROCK MANAGEMENT, 274 RIVERSIDE AVENUE, SUITE 3, WESTPORT CT 06880
Lloyd A Hajdik officer: Executive VP, CFO & Treasurer 333 CLAY STREET, SUITE 4620, HOUSTON TX 77002