Independence Contract Drilling Profit Margin

As of the most recent data (September 2024), ICD shows a profit margin of -40.36%. That compares with -3.69% in the prior-year period — down 993.7% year over year. That is below the Energy sector average of 9.74%. Scroll down for historical charts and peer comparison views.

Compared with the year-ago period, ICD's profit margin is now -40.36% (was -3.69%) — a 993.7% 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 profit margin is about 9.74%. Independence Contract Drilling is at -40.36%, which is lower that average. That is roughly 514.3% below the sector mean. Use the comparison chart on this page to see how ICD stacks up against individual peers as well.

That compares with -3.69% in the prior-year period — down 993.7% year over year. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare Independence Contract Drilling with peers to see if the move is company-specific or sector-wide.

Besides this profit margin 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 profit margin (currently -40.36%) with ownership activity and broader fundamentals.