Unit (UNTC) Net Margin % : 16.66% (As of Sep. 2024)

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What is Unit Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Unit's Net Income for the three months ended in Sep. 2024 was $8.9 Mil. Unit's Revenue for the three months ended in Sep. 2024 was $53.7 Mil. Therefore, Unit's net margin for the quarter that ended in Sep. 2024 was 16.66%.

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

UNTC' s Net Margin % Range Over the Past 10 Years
Min: -121.44 Med: 8.66 Max: 76.06
Current: 37.25

UNTC's Net Margin % is ranked better than
92.55% of 940 companies
in the Oil & Gas industry
Industry Median: 3.76 vs UNTC: 37.25

Unit Net Margin % Historical Data

The historical data trend for Unit'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.

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Unit Net Margin % Chart

Unit Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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-82.10

9.50

27.20

76.06

Unit Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Net Margin %	Get a 7-Day Free Trial															35.97	76.97	23.96	20.28	16.66

Competitive Comparison of Unit's Net Margin %

For the Oil & Gas Integrated subindustry, Unit'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.

Unit's Net Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Unit's Net Margin % falls into.

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Unit 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.

Unit's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	248.939	/	327.293
	=	76.06 %

Unit's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin	=	Net Income (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	8.949	/	53.73
	=	16.66 %

Unit (OTCPK:UNTC) 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.

Unit Net Margin % Related Terms

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

Unit Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Unit Corp (OTCPK:UNTC) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8200 South Unit Drive, Tulsa, OK, USA, 74132

Website

https://www.unitcorp.com

Unit Corp is an oil and natural gas contract drilling company. The company is also in exploration and production and mid-stream areas. There are two segments which include Oil and Natural gas and Contract Drilling. The oil and natural gas segment is engaged in the development, acquisition, and production of oil, NGLs, and natural gas properties. The contract drilling segment contracts to drill onshore oil and natural gas wells for a wide range of other oil and natural gas companies. Majority of the revenue is generated from the Contract Drilling segment.

Executives

Micheal L Hicks	officer: President, Superior Pipeline	8200 S. UNIT DRIVE, TULSA OK 74132
Peyton G Bailey Iv	director	8200 S. UNIT DRIVE, TULSA OK 74132
George L Austin	officer: Sr. VP and CFO	C/O CYPRESS ENERGY PARTNERS, L.P., 5727 S LEWIS AVENUE, SUITE 500, TULSA OK 74105
David P Dunham	officer: Sr VP Business Development	8200 S. UNIT DRIVE, TULSA OK 74132
Frank Q Young	officer: Executive Vice President, UPC	8200 S. UNIT DRIVE, TULSA OK 74132
Carla S Mashinski	director	8200 S. UNIT DRIVE, TULSA OK 74132
Larry C Payne	director	8200 S. UNIT DRIVE, TULSA OK 74132
Don A Hayes	officer: Controller	8200 S. UNIT DRIVE, TULSA OK 74132
Steven B Hildebrand	director	8200 S. UNIT DRIVE, TULSA OK 74132
Brad Guidry	officer: Senior Vice President, UPC	8200 S. UNIT DRIVE, TULSA OK 74132
John Cromling	officer: Executive Vice President, UDC	8200 S. UNIT DRIVE, TULSA OK 74132
Robert Parks	officer: Manager, Superior Pipeline	8200 S. UNIT DRIVE, TULSA OK 74132
Sullivan Robert J Jr	director	8200 S. UNIT DRIVE, TULSA OK 74132
Gary R Christopher	director	8200 S. UNIT DRIVE, TULSA OK 74132
George Kaiser Family Foundation	10 percent owner	7030 SOUTH YALE AVENUE, SUITE 600, TULSA OK 74136