Independence Contract Drilling Return on Equity

Independence Contract Drilling (ICD) currently reports a ROE of -50.08%. That is below the Energy sector average of 13.71%. Use the charts on this page to explore Independence Contract Drilling's ROE history and peer comparisons.

Independence Contract Drilling's ROE of -50.08% is lower than the Energy sector average of 13.71%. That is roughly 465.3% 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.

There is no universal 'good' ROE, but Independence Contract Drilling's current -50.08% should be judged against Energy norms (sector average: 13.71%) and against ICD's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.

Start with the current ROE of -50.08%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Energy average is 13.71%. 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.

Independence Contract Drilling is classified in the Energy sector. On ROE, it currently shows -50.08% versus a sector average near 13.71%. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Energy are usually more informative than comparing ICD with unrelated industries.