IRIG (Integrated Drilling Equipment Holdings) Gross Profit: $27.61 Mil (TTM As of Dec. 2014)

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What is Integrated Drilling Equipment Holdings Gross Profit?

Integrated Drilling Equipment Holdings IRIG Gross Profit is $27.61 Mil as of Dec. 2014.

Integrated Drilling Equipment Holdings's gross profit for the three months ended in Dec. 2014 was $9.21 Mil. Integrated Drilling Equipment Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2014 was $27.61 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Integrated Drilling Equipment Holdings's gross profit for the three months ended in Dec. 2014 was $9.21 Mil. Integrated Drilling Equipment Holdings's Revenue for the three months ended in Dec. 2014 was $28.87 Mil. Therefore, Integrated Drilling Equipment Holdings's Gross Margin % for the quarter that ended in Dec. 2014 was 31.90%.

Integrated Drilling Equipment Holdings had a gross margin of 31.90% for the quarter that ended in Dec. 2014 => Competition eroding margins


Integrated Drilling Equipment Holdings  (OTCPK:IRIG) 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

Integrated Drilling Equipment Holdings had a gross margin of 31.90% for the quarter that ended in Dec. 2014 => Competition eroding margins


Integrated Drilling Equipment Holdings Gross Profit Related Terms


Integrated Drilling Equipment Holdings Gross Profit Historical Data

* Premium members only.

The historical data trend for Integrated Drilling Equipment 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.

Integrated Drilling Equipment Holdings Gross Profit Chart

Integrated Drilling Equipment Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Gross Profit
28.52 37.52 29.08 27.61

Integrated Drilling Equipment Holdings Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 7.80 7.24 5.99 5.17 9.21

IRIG vs ESES, TIRTZ, GLFH: Gross Profit Comparison

For the Oil & Gas Equipment & Services subindustry, Integrated Drilling Equipment 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.


Integrated Drilling Equipment Holdings Gross Profit vs Oil & Gas Industry

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

* The bar in red indicates where Integrated Drilling Equipment Holdings's Gross Profit falls into.



Integrated Drilling Equipment Holdings Gross Profit Calculation

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

Integrated Drilling Equipment Holdings's Gross Profit for the fiscal year that ended in Dec. 2014 is calculated as

Gross Profit (A: Dec. 2014 )=Revenue - Cost of Goods Sold
=87.294 - 59.686
=27.61

Integrated Drilling Equipment Holdings's Gross Profit for the quarter that ended in Dec. 2014 is calculated as

Gross Profit (Q: Dec. 2014 )=Revenue - Cost of Goods Sold
=28.866 - 19.658
=9.21

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $27.61 Mil.

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

Integrated Drilling Equipment Holdings's Gross Margin % for the quarter that ended in Dec. 2014 is calculated as

Gross Margin % (Q: Dec. 2014 )=Gross Profit (Q: Dec. 2014 ) / Revenue (Q: Dec. 2014 )
=(Revenue - Cost of Goods Sold) / Revenue
=9.21 / 28.866
=31.90 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $27.61 Mil mean?
Integrated Drilling Equipment Holdings (IRIG) has a Gross Profit of $27.61 Mil as of Dec. 2014. Gross Profit equals net sales less total cost of goods sold. View historical data on Integrated Drilling Equipment Holdings and its competitors.
Is Integrated Drilling Equipment Holdings' Gross Profit too high?
Integrated Drilling Equipment Holdings' current Gross Profit is $27.61 Mil.
How does Integrated Drilling Equipment Holdings' Gross Profit compare to ESES and TIRTZ?
Integrated Drilling Equipment Holdings' Gross Profit of $27.61 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Oil & Gas company?
A good Gross Profit depends on the Oil & Gas industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Integrated Drilling Equipment Holdings and its competitors. Integrated Drilling Equipment Holdings's current Gross Profit is $27.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Integrated Drilling Equipment Holdings stock overvalued right now?
Integrated Drilling Equipment Holdings (IRIG) has a current Gross Profit of $27.61 Mil. The current Gross Profit is $27.61 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Integrated Drilling Equipment Holdings (IRIG), the current Gross Profit is $27.61 Mil as of Dec. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Integrated Drilling Equipment Holdings Business Description

Industry EnergyOil & Gas
Address 25311 I-45 North, Woodpark Business Center, Spring, TX, USA, 77380
Integrated Drilling Equipment Holdings Corp provides products and services to customers in the oil and gas industry both domestically and internationally. It operates in two segments: Electrical Products & Services and Drilling Products & Services.