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Paratus Energy Services (OSL:PLSV) Gross Profit : kr858 Mil (TTM As of Dec. 2024)


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What is Paratus Energy Services Gross Profit?

Paratus Energy Services's gross profit for the three months ended in Dec. 2024 was kr187 Mil. Paratus Energy Services's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was kr858 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Paratus Energy Services's gross profit for the three months ended in Dec. 2024 was kr187 Mil. Paratus Energy Services's Revenue for the three months ended in Dec. 2024 was kr523 Mil. Therefore, Paratus Energy Services's Gross Margin % for the quarter that ended in Dec. 2024 was 35.84%.

Paratus Energy Services had a gross margin of 35.84% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 3 years, the highest Gross Margin % of Paratus Energy Services was 47.85%. The lowest was 29.73%. And the median was 34.53%.


Paratus Energy Services Gross Profit Historical Data

The historical data trend for Paratus Energy Services'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.

Paratus Energy Services Gross Profit Chart

Paratus Energy Services Annual Data
Trend Dec22 Dec23 Dec24
Gross Profit
434.72 607.65 1,122.04

Paratus Energy Services Quarterly Data
Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial 165.16 269.01 375.79 295.31 187.38

Competitive Comparison of Paratus Energy Services's Gross Profit

For the Oil & Gas Drilling subindustry, Paratus Energy Services'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.


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

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

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


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Paratus Energy Services Gross Profit Calculation

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

Paratus Energy Services's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=2400.044 - 1278.004
=1,122

Paratus Energy Services's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=522.871 - 335.49
=187

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr858 Mil.

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

Paratus Energy Services's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=187 / 522.871
=35.84 %

* 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.


Paratus Energy Services  (OSL:PLSV) 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

Paratus Energy Services had a gross margin of 35.84% for the quarter that ended in Dec. 2024 => Competition eroding margins


Paratus Energy Services Gross Profit Related Terms

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Paratus Energy Services Business Description

Traded in Other Exchanges
Address
14 Par-La-Ville Road, Par-La-Ville Place, Hamilton, BMU, HM 08
Paratus Energy Services Ltd is a holding company. Through its subsidiaries, It operates as a drilling contractor that owns and operates five jack-up drilling units located in Mexico. It owns five jack-up rigs: West Intrepid, West Defender, West Courageous, West Oberon, and West Titania. Its other subsidiaries have a business that owns and operates six multipurpose pipelaying service vessels (PLSV) and is an oilfield service company that specializes in drilling and well services.

Paratus Energy Services Headlines

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