Independence Contract Drilling's revenue for the
three
months ended in Sep. 2024 was $38.0 Mil.
Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $173.8 Mil.
Independence Contract Drilling's Revenue per Share for the
three
months ended in Sep. 2024 was $2.62.
Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $12.07.
Warning Sign:
Independence Contract Drilling Inc revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Independence Contract Drilling was -25.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -4.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -27.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -18.10% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.
During the past 12 years, Independence Contract Drilling's highest 3-Year average Revenue per Share Growth Rate was 35.40% per year. The lowest was -42.00% per year. And the median was -15.60% per year.
Independence Contract Drilling Revenue Historical Data
* 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.
Competitive Comparison of Independence Contract Drilling's Revenue
For the Oil & Gas Drilling subindustry, Independence Contract Drilling's Revenue, along with its competitors' market caps and Revenue 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.
Independence Contract Drilling's Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Independence Contract Drilling's Revenue distribution charts can be found below:
* The bar in red indicates where Independence Contract Drilling's Revenue falls into.
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $173.8 Mil.
* 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.
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
Independence Contract Drilling Revenue Related Terms
Thank you for viewing the detailed overview of Independence Contract Drilling's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Independence Contract Drilling Business Description
Independence Contract Drilling Inc is engaged in providing land-based contract drilling services for oil and natural gas producers. The company constructs its own and operates a premium land rig fleet. It develops and assembles its ShaleDriller series rig which is used for the development of oil and gas properties. The company's customers for contract drilling services in the United States include oil and natural gas companies, independent oil and natural gas companies, as well as various small to mid-sized publicly traded and privately held oil and gas companies.
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