Latest profit margin for Diamond Offshore Drilling: -25.21% — see history and peer comparisons.
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+ FollowAs of Jun 2024
Trailing 12 months ending Jun 2024
Diamond Offshore Drilling's profit margin stands at -25.21% as of June 2024. That compares with 10.54% in the prior-year period — down 339.2% year over year. That is below the sector sector average of 13.4%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Diamond Offshore Drilling reported -25.21% in profit margin versus 10.54% a year earlier — a 339.2% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.
Diamond Offshore Drilling sits lower the its sector benchmark (13.4%) with a profit margin of -25.21%. That is roughly 288.1% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A profit margin of -25.21% for Diamond Offshore Drilling means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how Diamond Offshore Drilling's profit margin evolved across reporting periods, while the comparison chart places DOFSQ next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.