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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%.
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.
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 | 54.40 | 42.10 | 30.70 | 44.20 | 46.60 |
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.
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.
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
Thank you for viewing the detailed overview of KLX Energy Services Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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