GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » C&J Energy Services Inc (NYSE:CJ) » Definitions » Gross Margin %

C&J Energy Services (C&J Energy Services) Gross Margin % : 6.88% (As of Jun. 2019)


View and export this data going back to 2011. Start your Free Trial

What is C&J Energy Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. C&J Energy Services's Gross Profit for the three months ended in Jun. 2019 was $34 Mil. C&J Energy Services's Revenue for the three months ended in Jun. 2019 was $501 Mil. Therefore, C&J Energy Services's Gross Margin % for the quarter that ended in Jun. 2019 was 6.88%.


The historical rank and industry rank for C&J Energy Services's Gross Margin % or its related term are showing as below:


CJ's Gross Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 27.82
* Ranked among companies with meaningful Gross Margin % only.

C&J Energy Services had a gross margin of 6.88% for the quarter that ended in Jun. 2019 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for C&J Energy Services was 0.00% per year.


C&J Energy Services Gross Margin % Historical Data

The historical data trend for C&J Energy Services'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.

C&J Energy Services Gross Margin % Chart

C&J Energy Services Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.94 -2.90 -19.93 12.81 12.26

C&J Energy Services Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 15.16 10.87 6.24 6.79 6.88

Competitive Comparison of C&J Energy Services's Gross Margin %

For the Oil & Gas Equipment & Services subindustry, C&J Energy Services'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.


C&J Energy Services's Gross Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where C&J Energy Services's Gross Margin % falls into.



C&J Energy Services Gross Margin % Calculation

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

C&J Energy Services's Gross Margin for the fiscal year that ended in Dec. 2018 is calculated as

Gross Margin % (A: Dec. 2018 )=Gross Profit (A: Dec. 2018 ) / Revenue (A: Dec. 2018 )
=272.5 / 2222.089
=(Revenue - Cost of Goods Sold) / Revenue
=(2222.089 - 1949.574) / 2222.089
=12.26 %

C&J Energy Services's Gross Margin for the quarter that ended in Jun. 2019 is calculated as


Gross Margin % (Q: Jun. 2019 )=Gross Profit (Q: Jun. 2019 ) / Revenue (Q: Jun. 2019 )
=34.5 / 501.082
=(Revenue - Cost of Goods Sold) / Revenue
=(501.082 - 466.607) / 501.082
=6.88 %

* 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.


C&J Energy Services  (NYSE:CJ) 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

C&J Energy Services had a gross margin of 6.88% for the quarter that ended in Jun. 2019 => 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.


C&J Energy Services Gross Margin % Related Terms

Thank you for viewing the detailed overview of C&J Energy Services's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


C&J Energy Services (C&J Energy Services) Business Description

Traded in Other Exchanges
N/A
Address
3990 Rogerdale Road, Houston, TX, USA, 77042
C&J Energy Services is an oil and gas equipment and services company operating in North America. The company provides oilfield and rig services to upstream exploration and production companies. Its three main business segments are completion services, well construction and intervention services, and well support services. Completion services generate most of the company's revenue and include fracturing services and cased-hole wireline and pumping services. The well construction and intervention services segment consists of cementing and coiled tubing services. The company's well support services segment includes rig services, fluid management services, and other special well site services. The company generates most of its revenue in the United States.
Executives
Sterling Renshaw officer: See Remarks 3990 ROGERDALE RD., HOUSTON TX 77042
John J Kennedy director C/O EDGEN GROUP INC., 18444 HIGHLAND ROAD, BATON ROUGE LA 70809
Michael Roemer director 10375 RICHMOND AVENUE, SUITE 2000, HOUSTON TX 77042
Patrick M Murray director 1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
Steven L Mueller director
William D. Driver officer: See Remarks 10375 RICHMOND AVENUE, SUITE 2000, HOUSTON TX 77042
Michael S Galvan officer: See Remarks 3990 ROGERDALE RD., HOUSTON TX 77042
Van Gaalen Jan Kees officer: Chief Financial Officer 10205 WESTHEIMER, SUITE 1000, HOUSTON TX 77042
Danielle E. Hunter officer: See Remarks 3990 ROGERDALE RD., HOUSTON TX 77042
Amy H Nelson director 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
Stuart M Brightman director 25025 INTERSTATE 45 NORTH, SUITE 600, THE WOODLANDS TX 77380
Solus Alternative Asset Management Lp 10 percent owner 25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Christopher Pucillo 10 percent owner C/O SOLUS ALTERNATIVE ASSET MANAGEMENT, 25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Solus Gp Llc 10 percent owner C/O SOLUS ALTERNATIVE ASSET MANAGEMENT, 25 MAPLE STREET, 2ND FLOOR, SUMMIT NJ 07901
Stephen A Schwarzman 10 percent owner C/O BLACKSTONE INC., 345 PARK AVE, NEW YORK NY 10154