Diamond Offshore Drilling's gross profit is $-280M, below the sector sector average of $760M.
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+ FollowAs of Mar 31, 2021
Trailing 12 months ending Mar 31, 2021
Diamond Offshore Drilling (DO) currently reports a gross profit of $-280M as of March 2021. That compares with $-250M in the prior-year period — down 13.1% year over year. That is below the sector sector average of $760M. Use the charts on this page to explore Diamond Offshore Drilling's gross profit history and peer comparisons.
Diamond Offshore Drilling's gross profit decreased from $-250M to $-280M — a 13.1% year-over-year decrease (period ending March 2021). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Diamond Offshore Drilling's gross profit of $-280M is lower than the its sector sector average of $760M. That is roughly 136.5% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
Diamond Offshore Drilling reported $-280M in gross profit as of March 2021. That compares with $-250M in the prior-year period — down 13.1% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.
Start with the current gross profit of $-280M, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is $760M. From there, open related valuation or income-statement pages for Diamond Offshore Drilling, and consider following DO for alerts when major investors trade the stock.