Odfjell Drilling (OSL:ODL) Net Margin %

: 169.27% (As of Sep. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Odfjell Drilling's Net Income for the three months ended in Sep. 2023 was kr1,979 Mil. Odfjell Drilling's Revenue for the three months ended in Sep. 2023 was kr1,169 Mil. Therefore, Odfjell Drilling's net margin for the quarter that ended in Sep. 2023 was 169.27%.

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

OSL:ODL' s Net Margin % Range Over the Past 10 Years
Min: -34.47 Med: 5.15 Max: 53.74
Current: 53.74

OSL:ODL's Net Margin % is ranked better than
94.87% of 975 companies
in the Oil & Gas industry
Industry Median: 4.18 vs OSL:ODL: 53.74

Odfjell Drilling Net Margin % Historical Data

The historical data trend for Odfjell Drilling'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.

Odfjell Drilling Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Net Margin %

3.92

4.96

15.42

19.00

32.87

Odfjell Drilling Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Net Margin %																12.80	29.81	1.80	10.37	169.27

Competitive Comparison

For the Oil & Gas Drilling subindustry, Odfjell Drilling'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.

Odfjell Drilling Net Margin % Distribution

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

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

Odfjell Drilling 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.

Odfjell Drilling'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 )
	=	1280.461	/	3895.723
	=	32.87 %

Odfjell Drilling'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 )
	=	1978.707	/	1168.992
	=	169.27 %

Odfjell Drilling (OSL:ODL) 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.

Odfjell Drilling Net Margin % Related Terms

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Odfjell Drilling (OSL:ODL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Odfjell Drilling Ltd (OSL:ODL) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

ODFJF:USA ODLO:Sweden 0QHX:UK OD3:Germany

Address

Crawpeel Road, Bergen House, Altens, Aberdeen, GBR, AB12 3LG

Website

https://www.odfjelldrilling.com

Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operates mobile offshore drilling units. It operates in the segments Own Fleet, External Fleet and Corporate / other. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units; mainly operational management, management of regulatory requirements, marketing, contract negotiations and client relations, preparations for operation and mobilisation. Majority of revenue is generated from Own Fleet segment. Geographically, It operates in Norway.

Odfjell Drilling (OSL:ODL) Headlines

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