Atwood Oceanics Profit margin
What is the Profit margin of Atwood Oceanics?
The Profit margin of Atwood Oceanics, Inc. is -3.19%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Miscellaneous sector on NYSE compared to Atwood Oceanics
What does Atwood Oceanics do?
Atwood Oceanics, Inc., an offshore drilling contractor, engages in the drilling and completion of exploratory and developmental oil and gas wells. As of November 11, 2016, it owned a fleet of 10 mobile offshore drilling units. The company operates its fleet in the United States, Gulf of Mexico, the Mediterranean Sea, offshore West Africa, offshore Southeast Asia, and offshore Australia. Atwood Oceanics, Inc. was founded in 1968 and is headquartered in Houston, Texas.
Companies with profit margin similar to Atwood Oceanics
- Dillistone Plc has Profit margin of -3.21%
- B&G Foods, Inc has Profit margin of -3.21%
- Ark Restaurants has Profit margin of -3.21%
- Troc De L'ile Sa has Profit margin of -3.20%
- China Yuanfang (Hldg) Grp has Profit margin of -3.20%
- Asknet Solut.Ag Na O.N has Profit margin of -3.19%
- Atwood Oceanics has Profit margin of -3.19%
- Sierra Wireless Inc has Profit margin of -3.19%
- Nexway AG has Profit margin of -3.17%
- GLG Corp Ltd has Profit margin of -3.16%
- Simbhaoli Sugars has Profit margin of -3.16%
- Shengli Oil & Gas Pipe has Profit margin of -3.15%
- G.S. Auto International has Profit margin of -3.13%