Diamond Offshore Drilling Operating margin
What is the Operating margin of Diamond Offshore Drilling?
The Operating margin of Diamond Offshore Drilling, Inc. is -53.01%
What is the definition of Operating margin?
Operating margin is the ratio of operating income divided by net sales and presented in percent.
ttm (trailing twelve months)
Operating margin is an indicator of profitability and is often used to compare the profitability of companies and industries of differing sizes. Companies are collections of projects and markets, individual areas can be judged on how successful they are at adding to the corporate net profit. Not all projects are of equal size, however, and one way to adjust for size is to divide the profit by sales revenue. The resulting ratio is the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted.
Operating margin of companies in the Energy sector on OTC compared to Diamond Offshore Drilling
What does Diamond Offshore Drilling do?
Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company operates a fleet of 13 offshore drilling rigs, including four drillships and nine semisubmersible rigs. It serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1953 and is headquartered in Houston, Texas. Diamond Offshore Drilling, Inc. is a subsidiary of Loews Corporation. On April 26, 2020, Diamond Offshore Drilling, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the United States Bankruptcy Court for the Southern District of Texas.
Companies with operating margin similar to Diamond Offshore Drilling
- Shirble Department Store (China) has Operating margin of -53.26%
- Coherus Biosciences Inc has Operating margin of -53.21%
- Happiness Development Ltd has Operating margin of -53.16%
- ADTRAN Inc has Operating margin of -53.15%
- Genesys International has Operating margin of -53.08%
- Atomos has Operating margin of -53.08%
- Diamond Offshore Drilling has Operating margin of -53.01%
- IBO Technology has Operating margin of -52.95%
- Nubeva Technologies has Operating margin of -52.94%
- Pure Foods Tasmania has Operating margin of -52.91%
- Datasea Inc has Operating margin of -52.84%
- Nephros has Operating margin of -52.79%
- Nephros has Operating margin of -52.79%