Diamond Offshore Drilling Profit Margin

Diamond Offshore Drilling posts a profit margin of -1.18% as of March 2021. That compares with -1.17% in the prior-year period — down 0.6% year over year. That is below the sector sector average of 19.72%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Diamond Offshore Drilling's profit margin was -1.17%. The latest reading is -1.18% — a 0.6% year-over-year decrease (period ending March 2021). Use the history and growth charts on this page for a longer lookback.

For its sector stocks, a profit margin near 19.72% is typical. Diamond Offshore Drilling's -1.18% is lower that level. That is roughly 698.5% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Diamond Offshore Drilling's profit margin moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is -1.18% as of March 2021; use YoY and peer views to separate noise from signal.

Context for DO's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 19.72%), and (3) consistency with growth and profitability. This page covers the first two; Diamond Offshore Drilling's other metric pages and overview cover the third.