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KLXE (KLX Energy Services Holdings) Gross Profit : $163.6 Mil (TTM As of Sep. 2024)


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What is KLX Energy Services Holdings Gross Profit?

KLX Energy Services Holdings's gross profit for the three months ended in Sep. 2024 was $46.6 Mil. KLX Energy Services Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $163.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. KLX Energy Services Holdings's gross profit for the three months ended in Sep. 2024 was $46.6 Mil. KLX Energy Services Holdings's Revenue for the three months ended in Sep. 2024 was $188.9 Mil. Therefore, KLX Energy Services Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 24.67%.

KLX Energy Services Holdings had a gross margin of 24.67% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 8 years, the highest Gross Margin % of KLX Energy Services Holdings was 25.22%. The lowest was -19.12%. And the median was 14.82%.


KLX Energy Services Holdings Gross Profit Historical Data

The historical data trend for KLX Energy Services 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.

* Premium members only.

KLX Energy Services Holdings Gross Profit Chart

KLX Energy Services Holdings Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 124.90 74.00 -38.00 160.30 215.90

KLX Energy Services Holdings Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.40 42.10 30.70 44.20 46.60

Competitive Comparison of KLX Energy Services Holdings's Gross Profit

For the Oil & Gas Equipment & Services subindustry, KLX Energy Services 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.


KLX Energy Services Holdings's Gross Profit Distribution in the Oil & Gas Industry

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

* The bar in red indicates where KLX Energy Services Holdings's Gross Profit falls into.



KLX Energy Services Holdings Gross Profit Calculation

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

KLX Energy Services Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=888.4 - 672.5
=215.9

KLX Energy Services Holdings's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=188.9 - 142.3
=46.6

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $163.6 Mil.

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

KLX Energy Services Holdings'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=46.6 / 188.9
=24.67 %

* 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.


KLX Energy Services Holdings  (NAS:KLXE) 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

KLX Energy Services Holdings had a gross margin of 24.67% for the quarter that ended in Sep. 2024 => Competition eroding margins


KLX Energy Services Holdings Gross Profit Related Terms

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KLX Energy Services Holdings Business Description

Traded in Other Exchanges
Address
3040 Post Oak Boulevard, 15th Floor, Houston, TX, USA, 77056
KLX Energy Services Holdings Inc is a provider of completion, intervention and production services and products to the onshore oil and gas producing regions of the United States. It serves the companies engaged in the exploration and development of onshore conventional and unconventional oil and natural gas reserves. Its products and services offerings include surface facilities and equipment, pressure control services, wireline services, fishing services, and engineered products. The company's segments include Southwest; Rocky Mountains and Northeast/Mid-Con region. It derives maximum revenue from Northeast/Mid-Con region.
Executives
Geoffrey C Stanford officer: Chief Accouting Officer 4400 POST OAK PARKWAY, SUITE 1000, HOUSTON TX 77027
Christopher J. Baker officer: See Remarks C/O QUINTANA ENERGY SERVICES, 1415 LOUISIANA STREET, SUITE 2900, HOUSTON TX 77002
Keefer Mcgovern Lehner officer: See Remarks C/O QUINTANA ENERGY SERVICES, 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Max Bouthillette officer: See Remarks C/O QUINTANA ENERGY SERVICES, 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Denham Capital Management Gp Llc 10 percent owner 185 DARTMOUTH STREET, BOSTON MA 02116
Denham Capital Management Lp 10 percent owner 185 DARTMOUTH STREET, BOSTON MA 02116
Denham Iv Continuation Fund Gp Lp 10 percent owner 185 DARTMOUTH STREET, BOSTON MA 02116
Stuart D Porter 10 percent owner 200 CLARENDON ST, 25TH FLOOR, BOSTON MA 02116
Denham Iv Continuation Gp Llc 10 percent owner 185 DARTMOUTH STREET, BOSTON MA 02116
Greene's Investment Holdings Llc 10 percent owner 185 DARTMOUTH STREET, BOSTON MA 02116
Denham Iv Continuation Fund Lp 10 percent owner 185 DARTMOUTH STREET, BOSTON MA 02116
Greene's Holding Corp 10 percent owner 185 DARTMOUTH STREET, BOSTON MA 02116
Robertson Corbin J Jr director, 10 percent owner, other: Member of 10% owner group 601 JEFFERSON STE 3600, HOUSTON TX 77002
John T Whates director 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
John T Collins director THE COLLINS GROUP, 60 STATE ST, SUITE 700, BOSTON MA 02109