GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Innovex Downhole Solutions Inc (NYSE:INVX) » Definitions » Net Margin %

Innovex Downhole Solutions (Innovex Downhole Solutions) Net Margin % : 0.00% (As of Sep. 2023)


View and export this data going back to 2050. Start your Free Trial

What is Innovex Downhole Solutions Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Innovex Downhole Solutions's Net Income for the three months ended in Sep. 2023 was $0.00 Mil. Innovex Downhole Solutions's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Therefore, Innovex Downhole Solutions's net margin for the quarter that ended in Sep. 2023 was 0.00%.

The historical rank and industry rank for Innovex Downhole Solutions's Net Margin % or its related term are showing as below:


INVX's Net Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.07
* Ranked among companies with meaningful Net Margin % only.

Innovex Downhole Solutions Net Margin % Historical Data

The historical data trend for Innovex Downhole Solutions's Net 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.

Innovex Downhole Solutions Net Margin % Chart

Innovex Downhole Solutions Annual Data
Trend Dec21 Dec22
Net Margin %
3.34 13.54

Innovex Downhole Solutions Quarterly Data
Dec21 Sep22 Dec22 Sep23
Net Margin % - - 11.33 -

Competitive Comparison of Innovex Downhole Solutions's Net Margin %

For the Oil & Gas Equipment & Services subindustry, Innovex Downhole Solutions's Net Margin %, along with its competitors' market caps and Net 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.


Innovex Downhole Solutions's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Innovex Downhole Solutions's Net Margin % distribution charts can be found below:

* The bar in red indicates where Innovex Downhole Solutions's Net Margin % falls into.



Innovex Downhole Solutions Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Innovex Downhole Solutions's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=63.278/467.189
=13.54 %

Innovex Downhole Solutions's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=0/0
= %

* 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.


Innovex Downhole Solutions  (NYSE:INVX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Innovex Downhole Solutions Net Margin % Related Terms

Thank you for viewing the detailed overview of Innovex Downhole Solutions's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Innovex Downhole Solutions (Innovex Downhole Solutions) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
Innovex Downhole Solutions Inc designs, manufactures, sells and rents mission critical engineered products to the global oil and natural gas industry. Its products include Well head system, Drilling and development, Well construction, Well completion, Production solution and fishing and intervention.

Innovex Downhole Solutions (Innovex Downhole Solutions) Headlines

No Headlines