Independence Contract Drilling EBIT

As of the most recent data (September 2024), ICD shows a EBIT of $-37M. That compares with $9.8M in the prior-year period — down 478.4% year over year. That is below the Energy sector average of $88B. Scroll down for historical charts and peer comparison views.

Compared with the year-ago period, ICD's EBIT is now $-37M (was $9.8M) — a 478.4% year-over-year decrease. Pairing that YoY change with peer averages gives a clearer picture of whether Independence Contract Drilling is outperforming or lagging.

The Energy sector average EBIT is about $88B. Independence Contract Drilling is at $-37M, which is lower that average. That is roughly 100.0% below the sector mean. Use the comparison chart on this page to see how ICD stacks up against individual peers as well.

Tracking ICD's ebit over time shows whether Independence Contract Drilling is scaling, shrinking, or reshaping that part of the business. The current reading is $-37M That compares with $9.8M in the prior-year period — down 478.4% year over year. Multi-quarter patterns matter more than any single print, which is why this page emphasizes history and peer comparison charts.

Besides this ebit page, Stockcircle has Independence Contract Drilling's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect EBIT (currently $-37M) with ownership activity and broader fundamentals.