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Unit (UNTCW) Net Margin % : 76.97% (As of Dec. 2023)


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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 Dec. 2023 was $57.44 Mil. Unit's Revenue for the three months ended in Dec. 2023 was $74.63 Mil. Therefore, Unit's net margin for the quarter that ended in Dec. 2023 was 76.97%.

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

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


UNTCW's Net Margin % is ranked better than
96.02% of 980 companies
in the Oil & Gas industry
Industry Median: 4.03 vs UNTCW: 76.06

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.

* Premium members only.

Unit Net Margin % Chart

Unit Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -82.10 - 9.50 27.20 76.06

Unit Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.99 143.35 35.65 35.97 76.97

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.



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 Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=57.437/74.627
=76.97 %

* 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.


Unit  (OTCPK:UNTCW) 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 (UNTCW) Business Description

Traded in Other Exchanges
Address
8200 South Unit Drive, Tulsa, OK, USA, 74132
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 three segments which include Oil and Natural gas, Contract Drilling and Mid-stream. 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 is engaged in the land contract drilling of oil and natural gas wells and the mid-stream segment is engaged in the buying, selling, gathering, processing, and treating of natural gas. Majority of revenue is generated from Oil and Natural Gas.

Unit (UNTCW) Headlines

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