Independence Contract Drilling Gross Profit

The latest gross profit for ICD is $15M as of September 2024. That compares with $57M in the prior-year period — down 74.1% year over year. That is below the Energy sector average of $170B. Investors often review this figure alongside Independence Contract Drilling's historical trend and sector peers before judging valuation or financial health.

Over the past year, ICD's gross profit moved from $57M to $15M — a 74.1% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Independence Contract Drilling's operating scale or balance-sheet position.

Against Energy companies, ICD currently prints $15M for gross profit, while the sector average sits near $170B. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at Independence Contract Drilling's growth, margins, and balance sheet.

A gross profit figure of $15M for ICD is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Energy average is about $170B. Explore the charts below for those layers of context.

After noting ICD's gross profit ($15M), review year-over-year change from $57M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.