Independence Contract Drilling Net Income

Independence Contract Drilling (ICD) currently reports a net income of $-70M as of September 2024. That compares with $-8.3M in the prior-year period — down 746.5% year over year. That is below the Energy sector average of $50B. Use the charts on this page to explore Independence Contract Drilling's net income history and peer comparisons.

Independence Contract Drilling's net income decreased from $-8.3M to $-70M — a 746.5% year-over-year decrease (period ending September 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Independence Contract Drilling's net income of $-70M is lower than the Energy sector average of $50B. That is roughly 100.1% 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.

Independence Contract Drilling reported $-70M in net income as of September 2024. That compares with $-8.3M in the prior-year period — down 746.5% 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 net income of $-70M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Energy average is $50B. From there, open related valuation or income-statement pages for Independence Contract Drilling, and consider following ICD for alerts when major investors trade the stock.